1995-0905_BOB WETZEL CONCRETE_Performance Bond 3SM88287900ii
BONDPREMIUM. BASED ON
FINAL CONTRACT PRICE
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
Bond $: 3SM 882 879;00
Premium:l$192.00
That BOB WETZEL CONCRETE, INC. as
Principal, hereinafter called CONTRACTOR, and
AMERICAN MOTORISTS INSURANCE COMPANY
hereinafter called SURETY, are held and firmly bound unto the City of San Juan
:.apistrano, as Obligee, hereinafter called CITY, in the amount j of
NINE THOUSAND SIX HUNDRED TWENTY-FOUR & NO/100S($9,624.00) Dollars for payment
whereof Contractor and Surety bind themselves, their heirs, executors, administrators,
successors, and assigns, jointly and severally, fairly by these presents.
WHEREAS, Contractor has by written agreement dated
JULY 25, 1995 , entered into a (describe agreement)
DRAINAGE IMPROVEMENTS - TRACT NO. 8087., CALLE DELGADO STA. 0+00 TO
STA. 4+59.55, CATCH BASINS & MISC. WORK.
which contract is by reference made a part hereof.
NOW, THEREFORE, the condltlon 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 $hail remain in full force and effect. Surety wajves whatever legal
right it may have to require that a demand be made first against the principal in the event
of default.
BE 1T FURTHER RESOLVED, that:
1. As a part of the obligation secured hereby, and in addition to the lice
amount speeifled, there shall be included costs and reasonable expenses and fees, including
-easonable attorney's fees, incurred by City in successfully enforcing such obligation, all
:o be taxed as costs and included in any judgment rendered.
Pel -1
2. 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 obligations or 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.
Executed this 7th day of AUGUST
19 95 at ORANGE , California.
APPROVED AS TO FORM:
jai
Clty Attorney
Page 2 - PERFORMANCE BOND
PB -2
BOB WETZE/L CONCRETE, INC. D
(NOTA TI NAND SEAL)��yy/,,
SUZANNE GEiz
w = NOTARYPURC CALIFORNIA
ORANGE
My. Commissilin Expireq
Nov 111997
AMERICAN MMOOTOOR�jSTS NSIIRAM,CE CO*ANX ANY.,
.I,rr
Michael E.
(NOTARIZATION AND SEAL)
0
C7kliFOfiiit/lP1E.i-Pi3R. POISE. tkEKNc3NICF�Cyh4»T';
0
State of California
ATTORNEY-IN-FACT
County of ORANGE
TRUSTEE(S)
On AUG 0 7 1995 before me, KIM NGDYEN, Notary Public.
GUARDIAN/CONSERVATOR
NAME, TITLE OF OFFICER
personally appeared MICHAEL E. CDNDIFF
NAME OF SIGNER
■ Personally known to me -OR- ❑
proved tome 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),
KIM NGUYEN
and that by his/her/their signature(s) on the
COMM.#1012642;
� � ® pUgI.IC.CALiFOflNU1 v
instrument the person(s), or the entity upon
Np7pRY
ORPNGE CDUNN
My Comm. Exp. Dec. 30, 1997
behalf of which the person(s) acted, executed the
instrument.
WITNESS my hand and official seal.
(SIGNATURE OF NOTARY)
OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and
could prevent fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
❑ INDIVIDUAL
❑ CORPORATE OFFICER
TITLE(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
American Motorists Insurance Company
DESCRIPTION OF ATTACHED DOCUMENT
BOND(S)
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
DATE OF DOCUMENT
NONE
SIGNER OTHER THAN NAMED ABOVE
ATTORNEY-IN-FACT
❑
TRUSTEE(S)
❑
GUARDIAN/CONSERVATOR
❑
OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
American Motorists Insurance Company
DESCRIPTION OF ATTACHED DOCUMENT
BOND(S)
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
DATE OF DOCUMENT
NONE
SIGNER OTHER THAN NAMED ABOVE