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18-0515_RICH CONSTRUCTION, INC._Performance Bond
Bond No. 812438P OD,61:13`-',.:BONEI,FoRMS::. :PerfomianceBond. . . . .,.„ ..• , KNOW Al.,,L.:.-FERSONS BY TH ;PRESENTS;; THAT WHEREAS, th PP) of San-Juan :Capistrano;•(hereinafter.::referrod to,,as---;','City") has •awarded to Rich Construction,Inc . (herelhafter;referred.to as the T,ontractor"..) an agre.ernent.for.COritract,NO..i*8,1hereinafter i•eferred",to as the TrOjeen- ••. ..„ • .•, • •. „ . :WHEREAS, the work to-',6e.;'peyfprrn&E',.by;pie rebritteCtor:-.ie•inore-:pailidulartY set::forth. Contract DOcuments)fOr:the-:-Projedt':dated::.May-15,-2p18;(hareinatter,:rm' rerj:IO.ciS' Cbntratt. Documents ) the terirs and conditions al whith are expressly incorporated hcen by reference, . . . . •••. WHEREA‘S,,the.COntredtor is regOired`byaid'JCOri#et,-.Dociiriientlo:„perfOrrn:Oielerins thereof and toltirnisha-bond for the:faithfulllerfOrrhanCe(*.said Contract Documents , . NOW THEREFORE we Rich construction,Inc. . the Undersigned Contractor and • „. ±ndemnitY Comppyof CaliforniaT as Surety, 05rp-oration.arganited,.. and duly:'authorized;to;tranct.business-under thelaws of the:State,tjfi California, are hoW and: firrhiy. hound unto!Ihe..City in,ltic sum of Four Hundred eighty four*(1) .($:184,000.00 :), taW„Orn....--beinj::not:?tes6-:?than one.hundred-.perCent:(10%). of :the total. amountof the Contract, far *1*k anioOnk::Weli:and truly to be:made; bind'ourleiiies,-Pur heirs, ,i,exeOqtors,.:and.adrhiniStraters,;,,SueceSsors:,and,aSStris,'fointiY-And-,§0Yraliy,-,,-,firrrilly:.by-:: „ „,. these-presents. „ , • . . . THE.-Qp-tkipM01,'.1'2pF, THi4--c)pLi6;akTIQN21$ SUCH ttipt,-..,if!ti7-0:Contractor.,his or its- • • • • • executors, administrators -.01ir15 stand to and abide by and well;and-truly:keep'and .perform the'.6-oeriante,-,conditions and agreements in the Contra OeCtmentiiand-any.,Atterationl'.therept*ado as therein provicedon its part, and,, peforrned at the tame and in the manner therein specified, and in cifi repeots accOrdinj.to.their -intent and'rriean.ing;::and.Shail-faithfUllifUlfill'.ail obligations including the one (I)year:guarantee ef-ali"..,ntateriAIS ihd•'won<inenshii1;.arid.etiali incleMplify•and*ye'•harmless the ;its:,officials, •SOffider.S',.;-einpioYeet.-and'authorizod..,volunteers, es stipulated in said--',Cantrac!-;DocUrrint§,:-:ffien' thiS,'Obligationshall'become:null:and void; :Othert44Se:it shall be and remain in full lorOke and 'effect;' , . . .As a;part of the obligation secured hereby it* in add Riot) to the'.•::fac)e %arriaur4 Specifiect, :.,therefo ,-lhere•shali:be'incidded.easts:•artd/reaSeriable Openses.and:fees:inCiuding.reasonable- attornoYit fees,incurred by City an 1r.in such obligation " • • •. • .•„ •• . . . -,,AS:1',dopcRtion,precedent to lhe.,:tatisfactory'-complation of the 'Contraof'Dopuryients, unless • Otherwise:prOyided-forinihe'Con#act-Do0umeints. the above obhgatior shall hold:good for-a. poriodsof-.On011):;yeer alter the acceptanceof itif:i.wark by City.-duririg:whiCh::time:if-Contractor shall fail tO-'rnakfifl#1,-*iini)leta, and satisfactory repair and replacements-and totally protect.the. CitysfroinlesS,or damage resulting fromor caused:by'fdefective materials faulty'kyoiknianshi . 'The.;obligetiOns Of Surety hereunder ihall,cerittnue so long-.as, any obligation of .Cont-actor.: -ronains. Nothing'.haroin thali knit:Ina `,City$-,-,rigtit or the Contractor or Stiretes obligations ----under:lheContact.-law or,,e4Uity,:incliiciihg,-•but•nottimited'te,Califorriis,Code of Civil Procedure • Seotion 3371 p, :'511021V112-Z950242.3• -43, • ,L1 -aaND Foams, *(1)thousand and 00/100 Whertever.Contracctor;than zbe;::and•is:declared by,the;Cityto be;-in.,,defautt�under-,tt a Contract, Documents;:the Surety Shall.remedy.the default:p� uarit:to he•Contract-Documents or shall promptly,at the Gity's,:optiane i.: Takeover°and"complete:th Project in aceettl ince;with-alt'terms;and conditions in the°Contracts Documents;or rr.: t)btair7 a=vid.vr�birfs f€rc. dernplotinp theproject.'in ecerdenc -with°;afl:,terms and -63110 itionb,-in'the' ntract:_Docum •ents:and.upon determination by'.Surety�of.the lowest;i`,espen v9;and rei;pi n date btader,":arrange�for:a;Ca'tt'raet betrvreon:such bidder,2hc•Sprcty and:the:city,,and.,make available ac-�vnik prQQ fssess`sufficient:. funds:,to.'.pay'the' cost of completion-af:the:Project,.' less.:the._-balance.or.:the. ntr ut;rr,e .incudiriq,ether.costs:arnti;damages:forwhich'Surety may be.liable • The term balance.of.the,cdrttreet. a".as used:in:(iis paragraph thal£mean the tetal amount payable ;Contractor.by the;City under the.:C©niract.•:and;:ariy rmotiifcatirira,:thereto,s less- anyamount previously paid ,by::the City- to 'she Contractor any other set offepuriSuant;to the.Contract Documents: Permit,the City to':completd•the Project,ln any:manner Oni intent with California 'law and make:availably as`.work pre/grosses•aufficicnt funds to Pay the°coot-of .cosnpl009_'of>the Priij ., less the•balance c ..the contract prfce..including:other. costs,and',damages�>for�which-Surety.may:he, liable: The term'_`balani e=of:the ,contract prix e`•as:used,inithis Paragraph-shalt.€nean.the''total amount peyable-to C ntractor:.by ih titer under the.Contcact:and eny modifiratipri:thereto,:less-any. amount andnonion.:`set.,offs' vC pursuarit-to:the_Ccintract'Documents_ • :Surety-expressly agrees,that:ttie Ctiy may r j ct any:nonlractoror subcontractor which may,-'be proposed by Surety in'fulfitlr:icni.of;its obligations• in:the:event Of default try the ContreOtor. • _Surety shall net ne ':utilizes:Contractor.in completing the:Projec t rior.:shell Surety accept a;bid'from Contractor for-Gorripletion ofthe"P.ruject:if;the-City,:.when declaring:the Contractor:in.default, ric ttfies:Surety:of.the City's objection to Con ractor's.further iPerticipation In the;r orr pletion•of:the Project.: • . • The Si rety, for.'value,r wed,hereby-•stipulates:and;agrees that_no change,',extension of:time, alteration or addition to t#ic,temis of•the Contract�©ocuments:or.-to Project to be performed thereunder t in any:way,.affect:its obligations:oTttiis::bond, and It does;hereby;weive.:notice of,any' such change;.'extension .of lime;• alteration Di-:;a5101,66,6..:to`.the:,..tern rm .of-,the Contract- .Oocumerits or:ta the:Project; • (RECt+1,41NCtER:C}F P}GE LEFT 1hTTEt;YTtON4L-YBLANK] • •67147..0270 '.2004402;2.3' 1.1 05 0:':43••€OND rORN' • . . ' • ' , • . WETNESS WHEREOF1 we have.'hereunto-set our'handsancl.'Sea15-Ahis 22nd day of: • May 2618 • -(CorNrate'Seia-)) Rich.Construction,Inc. . • • Cepotractott.P1100141. 6.trr6.ia.*..SOini) Indemnity Company of California Zutety- • • •.A2.4 _ .. Shannon Lopez:, ljayt 4S4467FaCt (AtE*11''48.11107.61,51 I r:1-E#gt: ;ert ifiatO) The Attor - -Fact , .• . ,„ „ • • $20.00 :per.tirouignid:.This,totet:afilounVof Oterni6m, :ehirbeiiii$:'9,680.00 _ •- - • •',- .stated premium. is fully 'earned'. ,i(th „*ifiliap.t126foliettliri;tPlio6.40tate,01.0riesi,j -Premium.is'for thecentred term „., „ ,.-• .•: , aurris'.sirkie4ftri;•edjuStritenf.baieit contract.price. .THIS:1SW.REQUIRED,FORM, M ctaims under this bond may be:addrgEised,:14'. Indemnity Company of California . . • PO Box19725,Irvine,CA 92623 •• Blaine Williamson- - - F.4.21004411010?-alt*:*4i06process in G ]ifomma if diffeietit -Same • • - • • •' from (Te1000,470.hi.ini4aiofiieffty• .800.223.2451 •ari0 Ageit otjR.0131*entke-foe;.: . . iil,z7.0.?1031495624/:4- 6i-:!0..-:ept.4n:,Fo0.4: . . . • . . . , . . .. „ . . . . .. 'Notary Acknowledgment. A.ti Dt4.rst;-,pope dr;.0kOr,officii'...rth rrilaiOn.g-..this.:..coltifi6;a6,. vdrifigp;,:ggiV'th6‘,:kleritl.y.1or;the'L irrtlivaluil;:vito..,,ligp#1`.t.fie-• '. ...docuriient;to,Atbiiiidai*,thriificiith• is gtachddi Arl.liotith'e: i Irtitfitilinest;..adcuri4y;...br.tslicliVat thatdactiment_•' , STATE)0 .ALIP.ORNIA !:PbUlisrF.Y.OF , .....- ".. . . . ... . , . . . ! On : - ,20 -,.-Woice?.,rne.,-. • . . -,,Ngt2ry-Pp4lic,"rm,rsonilly . . . • . :„. . ... , . . , . appered - . . vi4i6,-06v6dIcilii:e.cirilhe.b2—ii6.thiiirifd'acti-vy - . ...:, ..... ., subcnbed t6,11iik with i1,1 ir, p-wrici:tat..ar.a.d4gpitpaw1 edged,t,,o!. ii*thal.:WO*Ii0.Ni.'.'6Feedite.0thp•same in f:klisiiii0-41690,',0:01166*.cf•TiMili ), incl ,t1-pi,-..by::iiisf.110rittii0ir'i '.. ,ibilMul i-6( )'bri.t1-14.Ensfaiiiiefif Itti:,pieisbi*;-..oiltib','entiri.briiiii.-:bektil'bf:YArtlicinithef?riertorgs)•adteElf ,-.:Ok.6ctriaii 11*introki-19Trit, — — ...,. ,. . - ,.. .. , , ,..• . . ,, • '-t-6e.rpfi.,tiOdO'fi..,E,NALTY..,ibi:.PRJ(1 -y:iipderth4,104gf:the?$01.6..:or: iforrila. hat',.the,.'faregoing;para.graph.', i.S....:trk3 .0ind.corrOct.: ; Wir,NES .:r6ylpild.glid-tqt141,-*E.,. . . nak,r6 zif.i4iSifiry Pithlic , . OPTIONAL.. . .• • 066.trthi;:liktiripariair:14,6;,;ii-ifr.ii'r•ObyriidrOy.1. ,-•:1.,rit;*gi:#1;a:!..i.oh'i..41iisi iozpii:i40.15'6::;ryttia,cipltift:"0.of'xielygenf,' , are,i0'e•ciadr.r.tiwthifitraiicial:001 reinelual•Ocr;thactzgruzipir„,44 t174 f4rriz,49,,OOlifercfVoitit*i., ''•.:- .' ' • .; 6A.FAC1TY-CijiliMIED•BYtIOOEa •DE...40071644 OF ppcu!,,i*r. „.,... . , ... . ..-ri---4i I- on p.4. ri.CorpOiataffrofir.. I• rii..Partner(s)- ,i-j litnit0. • .. . , .. 0:erirzi - •-Nurgter of Pagas, OiNffOrffey,7411-:kDel. T...n'L464-0)'' 'ts,Gimitlia0C.a3iiiiii,fator; - - ••Datit at.po6....ivertl.- 12.bitiai.-i- '' ''' '' '' ' ,.... ,• , • .,, ' . SiOtiat:fiSeOpi&:,,,i'antiiVi„ rtiarn. per):9ir,iwil.$)OFritity(i ) ' • -,,,,,—,.....— • --,Sitracitr,-).0therlhisli Nuand Atirma .... . , . . . . . NOTE:-- --Thi .6thiltritylrAgrn6r01,:lp,iiie'coiiiil*ii/Or'bpnbilattiriprit!ciiiialL: ,.. ..... , . .6-1.14fig2-0:tpecosi525f.'..7, T:''.167. :Oa s., :12:.'01"44.'Fpllii.i.. . ,.. Notary,Acknowledgment , . . is ,-:A nrdary pkibficor„otrier offir-Cemp!..eting this.cOrcato verifies ont5i•Atzt idcntit),-;of the iiittivicualrho signed,the i document to.'vAiich:this derifficate'is attfithed,,arici hot theI ,, i.eris:thfuness-,,acxisrpy,:er,x/ I:diTy..0flii,l.it docur'POnt:' _ _ $,I‘A.:1E-OF CALIEOM41A. COUNTY'OF.' San Bernardino . . On May 22 - ;2018 ;, eforelne, Jeannie M.Hall ,;;Nolary,Ptiblic„personally . , . appeared r Shannon Lopez - i,y-eho proyed.to:meoh:the basis of setisfctory ranta.tp he‘thepersoh(5)whose:narnejyisfare--subsoribod tOlhe,withi6,iiigtruMertna acknowledged to me that;hi/elle/they executed the same in'hi0.1hOrithOk:piAoriz.4\1capecitY(ies),.and that by :hisfher4hoir signature, (s)orilhe:iistruMent,theiPor6ori(4),,or the entity upon behalf of which th :pers0titsiaCted;:oceCut6d Alie.-..ir*ruerierit: .:I certify uricierPENALTY:OF:FERJORY-,t4nder,tho,tsws Of the, tele.off,CaliforniefthEtt the foregoing paragraph .„ , _f.r truee st tOrrect...,..,5.,. ,,.. E M... MAI.—. JEANNI 'L. My hand WITNESand o .., .t.i,-.....z. Commission No.2230951 ' .5, f. fficial scia • .: NOTARY PUBLIC-CALIFORNIA My Comm.Expires FEBRUARY g .4 , , ..,. SAN BERNARDINO COUNTY . •,i,„•••• 11.2022 .Y1 / l, Iii f// GSnkur fNylua] . , • . OPTIONAL . ton1.4 tr?e,V)10.'ildill1017 bdiDogi4aatieciiird.c,.1,,y *.;f),,alityprtn,:a vraa6k..(oSpamisni;reying.nn,tIm CIOC,IhrThglit, d 6i:tufa':picks/4 trztidethint.rdaravoi drdnr...fiacim.z.ii af.thi 'farm fa nO&Plii,;"eldotriorg, ;• „ ,CAPPsCirt' ' : ' MED 1Ety, IGNE13,;:: .DESCRIPTION ATTACHED DOCUMENT : . '-'1 Indiailaual ..., fl:corpoMte,011zer . :. . . 114,9' !Mg!:r#Tyr! r.21issinev, . . . . , . Ftirtt1101!..), L.; UOIROlt. . . lt,p.)fftrocar.Of PAges c ri Attornoy-In-Fact 4.::t Triisteejs , - r.) Guan*irticanseryair: . 1 plhdi.: ' .-.Sigrzei- ..r6;.)mcr:itirtg;, 1' tn:.-CA PeriiariApe,FIfitj i7te(s)Other limn Nalv40 Abcn;t,.. , . „ . NOTE: This ackniimeclginent is to be t drnp*edlar,the.'.AttOrner;in;Fact.:The Por4:if--Aernye.to lICal:ieoreiebtati*.Ofi:the00dipg;compprw muste*:t!c,a;ttaf.4iOci. pa OF PERFORMANCEBOND (ill 4(;Cli I orioxfavizczz 47- GO 61 13 - CND FORMS C • { POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO Box 19725,IRVINE,CA 92623 (949)263-3300 KNOW ALL BY THESE PRESENTS that except as expressly limited,DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each hereby make,constitute and appoint: ***George A.DeCristo,Shannon Lopez,Peter M.Davis,Samantha Ort, Epi Carter, Martin M. Davis, Elizabeth D.Kolpien,jointly or severally*** as their true and lawful Attomey(s)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf of said corporations,as sureties,bonds,undertakings and contracts of suretyship giving and granting unto said Attomey(s)-in-Fact full power and authority to do and to perform every act necessary,requisite or proper to be done in connection therewith as each of said corporations could do,but reserving to each of said corporations full power of substitution and revocation,and all of the acts of said Attomey(s)-in-Fact,pursuant to these presents,are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Boards of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of January 1st,2008. RESOLVED,that a combination of any two of the Chairman of the Board,the President,Executive Vice-President,Senior Vice-President or any Vice President of the corporations be,and that each of them hereby is,authorized to execute this Power of Attorney,qualifying the attorney(s)named in the Power of Attorney to execute,on behalf of the corporations,bonds,undertakings and contracts of suretyship;and that the Secretary or any Assistant Secretary of either of the corporations be,and each of them hereby is,authorized to attest the execution of any such Power of Attorney; • RESOLVED,FURTHER,that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile,and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporations when so affixed and in the future with respect to any bond,undertaking or contract of suretyship to which it is attached. IN WITNESS WHEREOF,DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective officers and attested by their respective Secretary or Assistant Secretary this 6th day of February,2017. O By: • Daniel Young,Senior Vice-PresidentYellnyt. % y•340avo�T�oF��i, ( jo w _By. MarkLansdon,VicePresident` � ° �agCJFO ••••''' 'k '' 'unua''' A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California County of Orange On February 6,2017 before me, Lucille Raymond,Notary Public Date Here Insert Name and Title of the Officer personally appeared Daniel Young and Mark Lansdon Name(s)of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s)is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies),and that by his/her/their signature(s)on the instrument the person(s),or the entity upon behalf of �_.�. LUCILLE RAYMOND which the person(s)acted,executed the instrument. �, '� t Commission a 2081945 I��� Notary Public-California I I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is t?'Z ' Orange County true and correct. M Comm.E fres Oct 13 2018 WITNESS my hand and official seal. Cpeitypt4 Place Notary Seal Above Signature Lucill y ond,Notary Public CERTIFICATE V The undersigned,as Secretary or Assistant Secretary of DEVELOPERS SURETY AND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA,does hereby certify that the foregoing Power of Attorney remains in full force and has not been revoked and,furthermore,that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Attorney are in force as of the date of this Certificate. This Certificate is executed in the City of Irvine,California,this day of (V �y AND O`4APC) Fo:2% F9 0� 1936 :a: _� �ocr.6 •{ i o y Cassie J: rrisford Assistant Se~'Mary o;• o _ w 1.6. �, ATS-1002(02/17) � �o•• •• lrF�.