Loading...
06-0112_WHISPERING HILLS , LLC_Labor & Material Bond SU5020790 (East Canyon - Landscape & Irrigation)• PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS: l6and No. SU5020790 Premium: $.13,430.00 That Whispering Hills. LLC. a Delaware Limited Liability Cowany. as Principal, hereinafter called CONTRACTOR, and Arch insurance Company, as Surety, hereinafter called SURETY, are held and firing bound unto the City of San Juan Capistrano, as Obligee, hereinafter called CITY, in the amount of,One Million Three Hundred Forty Three Thousand and 00/100* Dollars for payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally, fairly by these presents; *($1,343,000-00) WHEREAS, Contractor has by written agreement dated entered into a (describe agreement): Tract 16634 whispering Hills East Canyon Landscape & Irrigation. .which contract is by reference made a part hereof; NOW THEREFORE, the condition of this obligation is such that, if Principal shall promptly and faithfully perform said agreement, then this obligation shall be null and void; otherwise it shall remain in full force and effect Surety waives whatever Legal right it may have to require that a demand be made first against the principal in the event of default - BE IT FURTHER RESOLVED, that As a part of the obligation secured hereby, and in addition to the face amount specified, there shall be included costs and reasonable expenses and fees, including reasonable attorneys fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered_ 2_ Said Surety. for value received. hereby stipulates and agrees that no change, extension of time, alteration, or nx6fiCation of the contract documents or of the work to be performed thereunder, shall in any way affect its obligations or this bond, and it does hereby waive notice of any such change, extension of time, alterations, or modifications of the contract documents or of work to be performed thereunder. Executed this 21st day of June 20 0 -6 -,at Irvine Cal"rfomia. APPROVED AS TO FORM JO R. SHAW, CITY ATTORNEY PRINCIPAL Whispering Hula, LLC, a Delavapg Limited Liability Company (NOTARIZATION AND SEAL) SURETY Arch Insurance Company Thomas McCall Attorney -in -Fact (NOTARIZATION AND SEAL) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT STATE OF CALIFORNIA ss. COUNTY OF ORANGE On June 21, 2006, before me, D. Harvey, a Notary Public in and for said State, personally appeared Dennis Gage, personally known to me to be the person whose name is subcribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNIF" my hnnri nnri nffir-W cant D. HARVEY Commission B 1516985 Q01 Notary Public - CaBtomia Orange County y Comm. Expires Oot 1, 2008 (seal) ignature of Nota Pu is Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: _6-2 Signer(s) Other Than Named Above: Capacity(les) Claimed by Signer(s) Signer's Name: _Dennis Gage ❑ Individual ❑Corporate Officer ❑Title(s): ❑Partner-- ❑Limited --❑ General ❑ Attorney -in -Fact []Trustee ❑Guardian or Conservator ❑Other: Signer is Representing: Number of Pages Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Individual ❑Corporate Officer ❑Title(s): ❑ Partner -- ❑Limited --❑ General ❑Attorney -in -Fact ❑Trustee ❑Guardian or Conservator ❑Other: Signer is Representing: CALIFORNIA ALL-PURPOSE`KNOWLEDGMENT State of California County of Orange On JUN 2 1 2w8 before me, Paris Shahabi, Notary Public Name and TNe of Offv (e.g., -Jane Doe. Notary Publk') personally appeared Thomas G. McCall Names) of Signers) x❑ personally known to me – OR – ❑ 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 PARIS SHAHABI his/her/their signature(s) on the instrument the person(s), CtxruTJs SOS # 1572409 or the entity upon behalf of which the person(s) acted, Hokuy pim - cCaMdNa s executed the instrument. on WITNESS my hand and official Signa e of Notary Pubk OPTIONAL Though the information below is not required by law, it may prove valuable to persons retying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(es) Claimed by Signer(s) Signer's Name: ❑ Individual ❑ Corporate Officer ❑ Title(s): ❑ Partner - ❑ Limited ❑ General ® Attorney -in -Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: BD -1133 "7 RIGHT THUMBPRINT OF SIGNER Number of Pages: Signer's Name: ❑ Individual ❑ Corporate Officer ❑ Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Attorney -in -Fact ❑ Trustee ❑ Guardian or Conservator LJ Other: Top of thumb here Signer Is Representing: