Pulte Home Company, LLC Faithful Performance Bond TM36658-6 7901181747FAITHFUL PERFORMANCE BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR. Streets and Drainage $
Riv. Co. Flood Control $
Water System
Rec. Water
Sewer System
Total
666 0001 Tract Map 36658-6
Other Proj. Ref
Bond No. 7901181747
Premium $ 8,068.00
u
$
$
$
219 000
zoo 500
2 151 500
Surety Nationwide Mutual lnsurance Comoanv
Addfess One West Nationwide Blvd. 1-14-301
Principal Pulte Home Companv, LLC
Address 27401 Los Altos, Suite 400
City/State Columbus Ohio City/State Mission Vieio, CA
Zip code 43215-2220 Zip 92691
Phone (614) 249-7111 Phone 951-538-5835
WHEREAS, the City Council of the City of Menifee, State of California,and Pulte Home
Companv. LLC , (hereinafter designated as "principal") have entered into, or are about to
enter into, the attached agreement(s) whereby principal agrees to install and complete the
above designated public improvements relating to tract 36658-5, which agreement(s), dated
, is/are hereby referred to and made a part hereof; and,
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s)
for the faithful performance of said agreement(s);
NOW, THEREFORE, we the principal and Nationwide Mutual lnsurance Company, as
surety, are held and firmly bound unto the City of Menifee in the penal sum of Two Million
One Hundred FifW-One Thousand Five Hundred and 00/100 Dollars 151 500.00 lawful
money of the United States, for the payment of which sum will and truly be made, we bind
ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by
these presents.
As a part of the obligation secured hereby and in addition to the face amount specified
therefore, there shall be included costs and reasonable expenses and fees, including
reasonable attorney's fees, incurred by the City of Menifee in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
2
The condition of this obligation is such that if the above bonded principal, his or its heirs,
executors, administrators, successors or assigns, shall in all things stand to and abide by, and
well and truly keep and perform the covenants, conditions and provisions in the said
agreement(s) and any alteration thereof made as therein provided, on his or their part, to be
kept and performed at the time and in the manner therein specified, and in all respects
according to their true intent and meaning, and shall indemnify and save harmless the City of
Menifee, its officers, agents and employees, as therein stipulated, then this obligation shall
become null and void; othenrvise, it shall remain in full force and effect.
FAITHFUL PERFORMANCE BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of the agreement(s) or to the work to be performed there under or the
specifications accompanying the same shall in anywise affect its obligation on this bond, and
it does hereby waive notice of any such change, extension of time, alteration or addition to the
terms of the agreement(s) or to the work or to the specifications..
Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
When the work covered by the agreement(s) is complete, the City of Menifee will accept the
work and thereupon, the amount of the obligation of this bond is reduced by 90% with the
remaining 10% held as security for the one-year maintenance period provided for in the
agreement(s).
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on MaY 2nd
NAME OF PRINCIPAL: Pulte Home Companv. LLC
AUTHORIZED SIGNATURE(S)
By \.-* cLa-,J.-A
Name: Gregory S. Rives
Title: AssistantTreasurer
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETy: Nationwide Mutual Insr,Snce Compary
AUTHORIZED SIGNATURE: ,
,//X ) Z.;
Peter S Forker, Attomey-in-Fact
(rF coRPoRATroN, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY{N-FACT.
. 2024
executed this ArA 2024day of
Pulte Home ComPanY, LLC
PRINCIPAL
Notary Attached
gory ves, Assistant TreasurerBY:
STATE OF GEORGIA)
) ss.
couNTY oF coBB)
This record was acknowledged before me on May 2,2024, appeared
Gregory S. Rives, Pulte Home Company, LLC, who provided to me on
the basis of satisfactory evidence to be the person who appeared before
me and is personally known to me.
WITNESS my hand official seal.
T JESSiCA M,Asl(Notary pubtic . Srare of Georeia
Cobb CounrvMy Commrssron Expires ieb 21, 2026Signu
r. JESS/CA MASK
Notary Public State of Georgia
My Commission Expires: February 21 , 2026
tary Public
ACKNOWLEDGEMENT BY PRINCIPAL
4 A----'
ACKNOWLEDGMENT BY SURETY
STATE oF lllinois I ...
JCounty of Cook
on this 0r.r\day of ha"t 2024 . before nre personally
appeared Peter S. Forker , known to. nre to be the Attomey-in-Fact of
Nationwide Mutual lnsurance Company
, the corporation
that executed the within inslrunrent, and acknowledged to me that such corporation executed the same.
lN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County, rhe day and
year in this certificate first above written.
Notary lic in IS
County of
OFFICIAL SEAL
NICHOLAS S JOSLYN
NOTARY PUBLIC. STATE OF ILLINOIS
MY COMMISSION EXPIRES 03i03127
s 0230/GE 10/S9
XDP
Power of Attorney
KNOW ALL I\,IEN BY THESE PRESENTS THAT:
Nationwide Mutual lnsu.ance Company, an Ohio corporation
hereinafter r€ferred to soverally as the "Company'and collectively as "the Companies'does hereby make, constitute and appoint:
OSCAR F RINCONi PETER S IjORKE& REBECCA M JOI'ILIEr
each in their individual capacity, its true and lawlul attomey-in-fact, with full power and authority to sign, seal, and execute on its behalf any and all bonds and
undertakings, and other obligalory instrumonts of similar natu.e, in penalties not exceeding the sum of
UNLIMITED
and to bind the Company thereby, as fully and to the same extent as if such instruments were signed by the duly authorized officers of the Companyi and all acts
oi said Attorney pursuanl to the authority given are hereby ratified and confirmed.
This power ofattomey as made and executed pursuant to and by authority ofthe following resolltion duly adopted by the board ol directors of the Company:
"RESOLVED, that lhe president, or any vice president be. and each hereby is, authorized and empowered to appoint attomeys-in-facl of the Company,
and to authorize them to execute and deliver on behalfof the Company any and all bonds. forms, applications, memorandums, undertakings,
recognizances, transfers, contracts of indemnity, policies, contracts guaranteeing the fidelity of persons holding positions of public or private lrust, and other
writings obligatory in nature that the business of the Company may require; and to modify or revoke, with or without cause. any such appointment or
authority; provided, however, that lhe authority granted hereby shall in no way limit the aulhority of other duly aulhorized agenls to sign and countersign any
ofsaid documents on behalf of the Company."
"RESOLVED FURTHER, that such attomeys-in-fact shall have full power and authority to execute and deliver any and all such documenls and to bind the
Company subject to tho lerms and limilations of the power of attomey issued to them, and to affix the seal of the Company thereto: provided, however, that
said seal shall not be necessary for the validity ot any such documents.'
This power of attorney is signed and sealed under and by the following bylaws duly adopted by lhe board of directors of the Company
Execution of lnstruments. Any vice president, any assistant secretary or any assistant treasurer shall have the power and a!lhorily to sign or attesl all
aryovtddoC!menG;nstruments, contracts, or other papers in connection with the operation of the business of the company in addition to the chairman of
the board, tho chief executive offlcer, president, treasurer or secretary; provided, however, the signatur€ of any of them may be printed, ongraved, or
stamped on any approved document, contract, instrument, or other papers of the Company.
lN WITNESS WHEREOF, the Company has caused this instrument to be sealed and duly attested by the signature of its officor tho 20th day of August, 2021
Antonio C. Albanese, Vice President of Nationwide I\rutual lnsurance Company
ACKNOWLEDGMENT
ffi STATE OF NEW YORK COUNTY OF NEW YORK: ss
On this 20th day of August, 2021 , before me came the above-named officer for the Company
aforesaid, lo me personally known to be the ofiicer described in and who executed the preceding
inslrumenl, and he acknowledged the execution of the same, and being by me duly
swom, deposes and says, that he is the ofllcer of the Company aforesaid, that the seal affixed
hereto is the corporate seal of said Company, and the said corporate seal and his signature were
duly aflixed and subscribed to said instrument by the authority and direction of said Company.
Si6ph6ni6 Rubi.o M. nhor
Noi.ry Ftblic Staio ol New York
No.02MC6270117
Ouamed in New Yoi( C@^ry
O6mmi.iM Ev.ir* O.r6trs 19 2024
*(d'@7h4,/a-
CERTIFICATE
l, Laura B. Guy, Assistanl Secretary of the Company, do hereby certity that the foregoing is a full, lnre and co.recl copy of th€ onginal power of attorney issued
by th6 Company; that the resolution included theaein is a kue and corect lranscript from lhe minutes of the meetings of the boards of directors and the same has
not been revoked or amended in any manner; lhat sald Antonio C. Albanese was on the date of the execution of lhe foregoing pol^rer ofattprney the duly elected
oflicer of the Company. and lhe corporate seal and his signature as officer were duly afllxed and subscribed to the said inSrrumentby theauth.rity of said board
of d rectors; and the foregoing power of attorney is still in full force and effecl.
BDJ 1(08-21)00
Asslstant Secretary
lN Wf NESS wHEREOF, I hav€ hereunto sl.,bscnbed my name as Assistanl Secretary. and affixed the corporale sed of said Company this fu[ day of,rrry RG)r\ d;r,i" g.*t:,