1987-1215_ZAGROS COMPANY_Labor and Material BondF.PECUTED IN TRIPLICATO
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS: That
0
BOND NO. 1141180
Premium Included on Performance
Bond.
WHEREAS, the City of San Juan Capistrano, a municipal corporation of Orange
County, California, has awarded to Zagros Company License
No. , hereinafter designated as "Principal", a contract forconstruction of Vered
bikeway. Via Fstenava to Avenida Sieoa ;and
WHEREAS, said Principal is required to furnish a bond in connection with the
said contract providing that if said Principal, or any of his or its sub -contractors, shall
fail to pay for any materials, provisions, provender or other supplies or teams used in,
upon, for or about the performance of the work contracted to be done, or for any work or
labor done thereon of any kind, the surety or this bond will pay the same.
NOW, THEREFORE, we Zagros Companv .
Principal, and Amwest Suretv Insurance Companv, as surety, are
held firmly bound unto the City of San Juan Capistrano, a municipal corporation, in the
Penal sum of Thirty-nine Thosnand Fo„r x„nArpi Rixtenn and Inlinn------- DOLLARS
($39.416.3o ), lawful money of the United States of America, for payment of which sum
well and truly to be made we bind ourselves, our heirs, executors, administrators and
successors, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such that, if said Principal, his or its
heirs, executors, administrators, successors or assigns, or sub -contractors, shall fail to
pay for any materials, provisions, provender, or teams, or other supplies or equipment
used in, upon, for or about the performance of the work contracted to be done, or for any
work or labor done thereon of any kind, or for amounts due under the Unemployment
Insurance Act with respect to such work or labor as required by the provisions of Title 1,
Division S, Chapter 3 of the Government Code of California as amended, that the surety
will pay for the same in an amount not exceeding the sum specified in this bond and also
in case suit is brought upon the bond, a reasonable attorney's fee to be fixed by the
court. This bond shall inure to the benefit of any and all persons, companies and
corporations entitled to file claims under said act, so as to give a right of action to them
or their assigns in any suit brought upon this bond.
FURTHER, the said surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration or modification of the contract documents or of
the work to be performed thereunder shall in any way affect its obligation on this bond
and it does hereby waive notice of any such change, extension of time, alteration or
modification of the contract documents or of work to be performed thereunder.
As a part of the obligation secured hereby, and in addition to the face amount
specified therefor, there shall be included costs and reasonable expenses and fees,
including reasonable attorney's fees, incurred by City in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
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IN WITNESS WHEREOF three (3) identical counterparts of this instrument, each
of which shall for all purposes be deemed an original thereof, have been duly executed by
the Principal and surety herein named on the 31st day of December
19 87 . The name and corporate seal of each corporate party being hereto affixed and
these presents duly signed by its undersigned representatives pursuant to authority of its
governing body.
APPROVED AS TO FORM
STATE OF CALIFORNIA, COUNTY OF Los
By
PRINCIPAL
Cindy L
les
ley, Attorney -W -Fact
On _ . _ December_31, 1987before me a Notary Public, within and for the said
County and State, personally appeared Cindy L. Ridley , known
tome (or proved to me on the basis of satifactory evidence) to be the person whose name is subscribed to the within instrument
as the Attorney in Fact of and for the AMWEST SURETY INSURANCE COMPANY, and acknowledged to me that he
subscribed the name of the AMWEST SURETY INSURANCE
in Fact. .o.�,� = ,,,,,:,
a _� t;�
a
/i \�V ;_ % ids Comm. C.p. L'zc. +,L. i589
thereto as Surety, and his own name as Attorney
.WEST SURETY INSURANCE
P.O. Box 4500
Woodland Hills, CA 91365
•'S. r
(818) 704-1111
KNOW ALL MEN BY THESE PRESENTS a4 Y UR Y A CORPORATION
does hereby make, constitute and appoint
'Cti n
its true and lawful Attorney(s),m-Fact, N' y4i�,pmyltLt anttAY"' $uct-" ha a e' ny v� xecute and
deliver and affix the seal of the comp .T ,Cta lE a seaFts.iequ" `iso ;" aki�0° c ten obliga-
tions in the nature thereof, as fo1loYc'<".;*, . ; ,,,q,,,-,,.;,,„„�_`•....,,.:.',,...w:�am. '",� x`+ .. „.�.�,n.
and to bind AMWEST SURETY
presents, are hereby ratified aq
Laws of the company, whit *
Article III, Section T� 0"
This Power of At * $
the board of directors^;D''
may
menti
d by the a
a meeting
njunction with the”
ed or limited in the ii
and deliver and affix
",vice-president and -attested and sealed (if a seal be required) by any sec-
t' a ,.y, �_�..6yR kl'e, 1� (T L
any vice-president or stp j
authorized attorney in-taet,6i I a A k' *�a: °A, ! t
a seal be required) by one 8PAb
by the power of attorney issunc'S'-b�«W1#ie° $� a
yIthe signature of any authorized officer andl4 -
Irney or certification thereof authorizing the " �" r-
Irelyship obligations of the company; and suc. ' all
as though manually affixed.*°,a¢mat *myxxa
IN WITNESS WHEREOF, AMWEST SURETY INSURANCE COMPANY has caused these presents to be signed by its proper of-
ficer, and its corporate seal to be hereunto affixed this 1St day of April 19 85
STATE OF CALIFORNIA, COUNTY OF LOS ANGELES — ss
AMWEST SURETY INSURANCE COMPANY
Gary A. Peterson, President
'%�-�.tJ tet/ • C. c�f� c.,! /1./
- Karen G. Cohen, Secretary
On this 1 st day of April A D 19_8_5 personally came before me Gary R. Peterson
and Karen G. Cohen to me known to be the individuals and officers of AMWEST SURETY INSURANCE COM.
PANY, CALIFORNIA who executed the above instrument, and they each acknowledged the execution of the same, and being by me
duly sworn, did severally depose and say: that they are the said officers of the corporation aforesaid, and that the seal affixed to the
above instrument is the seal of the corporation, and that said corporate seal and their signatures as such officers were duly affixed
and subscribed to the said instrument by the authority of the board of directors of said corporation.
OFFICIAL REAL
GVOWnn MCCmsw
n (SEAL)
FOrM r FORLIC—CALIFOMA
PRMCIPAL OFFC[ MI
LOS ANELES COUNTY
misim EAprx Feb. 24,1988M
Notary Public
STATE OF CALIFORNIA, COUNTY OF LOS ANGELES — ss
CERTIFICATE
I, the undersigned, secretary of the AMWEST SURETY INSURANCE COMPANY, a California corporation, 00
HEREBY CERTIFY that the foregoing and attached Power of Attorney remains in full force and has not been revoked, and further.
more, that the provisions of the By -Laws of the company and the Resolutions of the board of directors set forth in the Power of
Attorney, are now in force.
Signed and sealed at Woodland Hills this 31st day of December 1g 87
Y
i1r�°q°OP'a, 1 Karen G. Cohen, Secretary
Mir 9 1