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1975-0507_CAL FED ENTERPRISES_Labor & Material Bond No. 001662group COVENANT MUTUAL INSURANCE COMPANY Bond No. 001662 SUBDIVISION IMPROVEMENT BOND LABOR AND MATERIAL (CALIFORNIA) KNOWALLMENBYTHESEPRESENTS,That ('At FFn ENT RPRICES 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 for the use and benefit of any and altL Pers s entitled t ile claim under Section 11612, Business and Professions Code of the State of California, in the sum of "'-Q �HOUSAND 1 NETY t 1 YE I H014&a'rs ($ 2951000-00 ), for the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their hews, administrators, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, That WHEREAS, the Principal entered into a certain Agreement or Contract with the Obligee, dated the 212 day of FEBRUARY , 1915, wherein the Principal has 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 FACILITIES, AND DRAINS FOR TRACT Nos. 7541 7542, 7672 & 7760. as more fully set forth in said agreement. NOW, THEREFORE, if the Principal shall pay Contractor, his subcontractors, and persons renting equipment or fur- nishing labor and materials to them for the improvement then this obligation shall be null and void; otherwise, to remain in full force and effect. THEAGGREGATE LIABILITY of the Surety for any and all claims hereunder shall in no event exceed the sum specified in this bond. TIME FOR FILING SUIT on this bond shall be limited to six (6) months from date of completion of said improvements as "completion" is defined under applicable sections of the Civil Code of the State of California. Signed and scaled this 28 day of FEBRUARY 19 75 CAL FED ENTERPRISES COV AN MUTUA SURANCE COMPANY rindipal BY: L� " �� i � �c%� - —' ALF D F. BANE Attorney -in -Fact lcc residence J 260 S. Los ROBLES AvE.2 PASADENA, CA. 91101 SUITE 214 Address EXECUTED IN DUPLICATE group COVENANT MUTUAL INSURANCE COMPANY Bond No. 001662 SUBDIVISION IMPROVEMENT BOND LABOR AND MATERIAL (CALIFORNIA) KNOWALLMENBYTHESEPRESENTS,That GAr FFn ENr RPRIREs 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 I STRANO for the use and benefit of any and al ersafs entitled to de claim prider See tion 11612, Business and Professions Code of the State of California, in the sum of 0 1 HOUSAND 1 NE TY h 1 VE I HOkAVND($ 295 X000.00 ), for the payment whereof, well and truly toMNu be mWO_ade, said Principal and Surety bind themselves, their heirs, administrators, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, That WHEREAS, the Principal entered into a certain Agreement or Contract with the Obligee, dated the 28 day of FERRuARY , 19,5, wherein the Principal has 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 FACILITIES, AND DRAINS FOR TRACT NOS. 7541, 7542, 7672 & 7760. as more fully set forth in said agreement. NOW, THEREFORE, if the Principal shall pay Contractor, his subcontractors, and persons renting equipment or fur- nishing labor and materials to them for the improvement then this obligation shall be null and void; otherwise, to remain in full force and effect. THEAGGREGATE LIABILITY of the Surety for any and all claims hereunder shall in no event exceed the sum specified in this bond. TIME FOR FILING SUIT on this bond shall be limited to six (6) months from date of completion of said improvements as "completion" is defined under applicable sections of the Civil Code of the State of California. Signed and sealed this 28 day of FEBRUARY '19 75_. CAL FED ENTERPRISES COV ANT MUTUA SURANCE COMPANY J � if ipal l / BY B: t t 9 L ALF LD F. BANE, Attorney -in -Fact Ice Nesiderif i EXECUTED IN DUPLICATE 260 S. LOB ROBLES AVE^• PASADENA CA. 91101 SUITE 214 Address 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(:) 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, remit 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 tobind COVENANT MUTUAL 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 bylaws 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 limitation or 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. a This power of attorney is signed and sealed by facsimile under and by the authority of the following 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 Vim President or Vice President and countersigned and sealed, if areal is required, by a duly authorized attorney -in -factor agent; and any such bond, undertaking, recognizance, consent of surety or written 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. COVENANT MUTUAL INSURANCE COMPANY By 1 [ _ Vice Presid [ Attest:in jj AsCsisstant Secretary U144 10. STATE OF CONNECTICUT ss: COUNTY OF HARTFORD , 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. ?' ♦OTA • N.u," P.m". My commission expires March 31, 1978 tY. /08LtO i2 `n��j�C`!�." 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 /ooff L FEBRUARY 19 75. (/WA4 �i , �GifiL�O Assistant Secret y