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1975-0507_CAL FED ENTERPRISES_Perf Bond No. 001662group COVENANT MUTUAL INSURANCE COMPANY • „ �' g j SUBDIVISION IMPROVEMENT BOND FAITHFUL PERFORMANCE (CALIFORNIA) Y. ^ Bond No. 001662 Initial Premium $ 2950.00 KNOWALLMEN BYTHESE PRESENTS,That CAL FED ENTERPRISES as Principal and the COVENANT MUTUAL INSURANCE COMPANY, a Corporation organized and existing under the laws of the State of Connecticut and authorized to transact surety business in the State of California, as Surety, are held and firmly bound unto CITY OF SAN JUAN CAP ISTRANO , as Obligee, in the sum of Two HuungFn NINETY FIVE THOUBAND AND NO/10®ollars (s 2951000.00 ), for the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their heirs, administrators, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLICATION ISSUCH , That WHEREAS, the Principal on FEBRUARY 28 19 75 entered into a certain Agreement or Contract with the Obligee wherein the Principal agreed to complete the following improvements: SET MONUMENTS AND CONSTRUCT AND INSTALL ALL OF THE STREET IMPROVEMENTS, STREET LIGHTING SYSTEM] UNDERGROUND CONSTRUCTION OF ELECTRIC POWER AND TELEPHONE FACILIT) AND DRAINS FOR TRACT NOS. 7541, 75427 7672 & 7760. as more fully set forth in said Agreement. NOW, THEREFORE, if the Principal shall well and truly perform and fulfill all of the covenants, terms and conditions of the said Agreement, then this obligation shall be null and void; otherwise to remain in full force and effect. Provided, however: 1) That the consent of Surety shall be required for any extension of time to complete said improvements; 2) That no right of action shall accrue hereunder to or for the benefit of any person, firm or corporation other than the Obligee named herein. Signed, sealed and dated 28 FEBRUARY 19 75 . Em -ENTERPRISES 47 rincipal BYiy Ice Presl en EXECUTED IN DUPLICATE COVAF. T I SURANCE COMPANY ALFRNE, Attorney -in -Fact 260 S.LOS ROBLES AVEPASADENA,-CA. 91101 SUITE 214 Address State of California County of Los Angeles On this } ss. day of FEBRUARY , 19-5 before me personally came to me known, who being by me duly sworn, did depose and say: that he is Attorney(s)-in-Fact of Covenant Mutual Insurance Company, the Corporation described in and which executed the foregoing instrument; that he know(s) the seal of said Corporation; that the seal affixed to said instrument is such corporate seal; that it was so affixed by authority granted to him in accordance with the By -Laws of the said Corporation, and that he signed his name thereto by like authority. .,. nnnwnnoinminniwmm F OFICICIIn... OFFAL SEAL Cynthia A. Carmichael b NOTARY PUBLIC CALIFORNIA r1°'o (Notary Publie) PRINCIPAL OFFICE IN s LOS ANGELES COUNTY My Commission Expires June 30, 1976 .�.wi.nM,wnu,mn�mx,uen.,,xnwe,,, TO C (Corporation) O STATE OF CALIFORNIA COUNTY OF Los Angeles SS. I March 18. 1975 before me, the undersigned, a Notary Public in and for said tOn State, personally appeared Joseph R. Philbin la known to me to be the Vice President, *A , W W 1(44114XXK)d4Xd6XI*XXXXXXXXXXXXXXX*UK*)A of the corporation that executed the within Instrument, = known to me to be the persons who executed the within j Instrument on behalf of the corporation therein named, and A acknowledged to me that such corporation executed the within •••e••••••••••♦♦e♦ee♦♦e♦♦eeeee einstrument pursuant to its by-laws or a reso]ution of its board j OFFICIAL SEAL 4 of directors.• HELEN M. ROCKMAN WITNE$$ ,.y h nd official sea . ♦ °i#'.... NOTARY PUBLIC - CALIFORNIA • - PRINCIPAL OFFICE IN / LAS ANGELES COUNTY • Signa ur Commission Expires Nov. 27, 1976 ♦♦e♦♦eeeeeeooeeeeseeeeeeeeoee♦ Helen M. Rockman Name (Typed or Printed) (Tab nn Ur M W n~91 $8aD 0 • COVENANT MUTUAL INSURANCE COMPANY Hartford, Connecticut POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That COVENANT MUTUAL INSURANCE COMPANY, a corporation of the State of Connecticut, does hereby make, constitute and appoint ALFRED F. BANE its true and lawful Attorney(s)-in-Fact, with full power and authority, for and on behalf of the Company as surety, to execute and deliver and affix the seal of the Company thereto, if a seal is required, bonds, undertakings, recog- nizances, consents of surety or other written obligations in the nature thereof, as follows: Any and all bonds, undertakings, recognizances, consents of surety or other written obligations in the nature thereof In an unlimited amount. and to bind COVENANTMUTUAL INSURANCE COMPANY thereby, and all of the acts of said Attorney(s)-in-Fact, pursuant to these presents, are hereby ratified and confirmed. This appointment is made under and by authority of the following provisions of section 12 of the by-laws of the Company, which are now in full force and effect: From time to time the board may impose such additional duties and confer such further authority upon any or all of the officers as it may in its discretion determine including, without limitationor characterization, authority to execute by facsimile signature or facsimile signatures, and deliver or cause or authorize any duly appointed agent to deliver in the name and behalf of the corporation any policy, contract, bond, undertaking, consent of surety, recognizance, general or special power of attorney, certification, attestation, or other instru- ment, all with or without the seal of the corporation, but if under seal to evidence such seal by physical im- pression or by facsimile or by any other appropriate method. This power of attorney is signed and sealed by facsimile under and by the authority of the foilowing resolutions adopted by the Directors of COVENANT MUTUAL INSURANCE COMPANY at a meeting duly called and held on March 12, 1973: RESOLVED: That any bond, undertaking, recognizance, consent of surety or written obligation in the nature thereof shall be valid and binding upon the Company when signed by the President or any Senior Vice President or Vice President and duly attested and sealed, if a seal is required, by any Secretary or Assistant Secretary or when signed by the President or any Senior Vice President or Vice President and countersigned and sealed, if aseal isrequired, by a duly authorized attorney-in-fact or agent; and any such bond, undertaking, recognizance, consentof surety orwritten obligation in the nature thereof shall be valid and binding upon the Company when duly executed and sealed, if a seal is required, by one or more attorneys -in -fact or agents pursuant to and within the limits of the authority granted by his or their power or powers of attorney. FURTHER RESOLVED: That the signature of any officer authorized by the by-laws and the Company seal may be affixed by facsimile to any power of attorney or special power of attorney or certification of either given for the execution of any bond, undertaking, recognizance or other written obligation in the nature there- of; such signature and seal, when so used being hereby adopted by the Company as the original signature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed. IN WITNESS WHEREOF, COVENANT MUTUAL INSURANCE COMPANY has caused these presents to be signed by its proper officer and its corporate seal to be hereunto affixed this 22nd day of March, 1973. Attest: Assistant Secretary STATE OF CONNECTICUT ss: COUNTY OF HARTFORD COVENANT MUTUAL INSURANCE COMPANY By �r__ 6-14" , Vice Presid t On this 22nd day of March in the year 1973 before me personally came Francis W. Palfrey, Jr., and James E, Witkins to me known, who being by me duly sworn, did depose and say; that they reside in the State of Connecticut; thatthey are respectively Vice President and Assistant Secretary of COVENANT MUTUAL INSURANCE COMPANY, the corporation described in and which executed the above instrument; that they know the seal of said corporation; that the seal affixed to said instrument is such corporate seal; that it was so affixed by authority of their office under the by-laws of said corporation, and that they signed their names thereto by like authority. 1r NOTA Rr-i'. Notary Public F W % ••— : n My commission expires March 31, 1978 'rO�Mtcss�u�'{ CERTIFICATION I, Vera C. Spitko, Assistant Secretary of COVENANT MUTUAL INSURANCE COMPANY certify that the foregoing'power of attorney, the above -quoted provisions of Section 12 of the by-laws and the resolutions of the Board of Directors of March 12, 1973 have not been abridged or revoked and are now in full force and effect. Signed and sealed at Hartford, Connecticut, this 28 day of FEBRUARY 19 75 . Assistant Secreta y