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03-0530_ITF LIMITED_Surety Agreement (2)0 SURETY AGREEMENT THIS AGREEMENT is made by and between the CITY OF SAN JUAN CAPISTRANO, a municipal corporation, hereinafter referred to as the "City" and ITF, Limited, a California Limited Liability Company, referred to as "Developer". WITNESSETH WHEREAS, City will issue Grading Permit No. 46854 to Developerto construct certain designated improvements, more particularly described in Exhibit "A" attached and incorporated herein by reference, which said improvements constitute a portion of that real property at the location of Tract 10593 Lot 36 APN 673-391-07, commonly referred to as 32241 Peppertree Bend. WHEREAS, San Juan Capistrano Municipal Codes Section 8-2.08 requires the posting of financial security to secure the faithful performance and labor and materials forthe grading and installation of improvements connected with issuance of grading permits including the construction of drainage and protection devices and any other corrective work to remove and eliminate engineering and geological hazards. WHEREAS, San Juan Capistrano Municipal Code Section 8-2.09 authorizes the Building Official to require additional bonding as security to ensure against adverse aesthetic impacts arising from incomplete grading and/or improvements from development projects which have not been completed. WHEREAS, the Building Official finds thatthe proposed project site is highly prominent and visible to the community, has unique topographic features or involves substantial grading of slope areas. NOW, THEREFORE, in consideration of the premises and promises hereinafter contained, City and Developer agree as follows: 1. Developer's Improvements Obligations. Developer shall, at its sole cost and expense, provide and furnish all labor, materials and equipment for the installation of improvements set forth in Exhibit "A". The grading permit and plans, which furtherdefines the SD improvements in Exhibit "A", are on file in the office of the City's Building Official, and all documents referenced in Exhibit "A" are incorporated herein by reference. 2. Developer's Security. Developer shall provide a bond by a duly authorized corporate surety, with American Motorist's Insurance Company Bond NumberSU 5001248 subject to the approval of the City Attorney, to secure Developer's improvement obligations required under this agreement. The amount of the bond shall be $22,888 for that work described in Exhibit "A". This security of $22,888 shall also serve as security for restoration of the site. Acopyof the surety instrument, as approved by the City Attorney, is attached as Exhibit "D". 3. Completion of Improvements. To ensure the protection of the public safety, health and welfare, Developer shall construct the improvements described in Exhibit "A" in accordance with the schedule as set forth in Exhibit "B", and the conditions as set forth in Exhibit "C". 4. Developer Default. In the event Developer does not complete the required improvements, including erosion and siltcontrol measures within the time required, using Best Management Practices (BMP) in implementing a Water Quality Management Plan in full compliance with Orange County National Pollutant Discharge Elimination System (NPDES) Storm Water Implementation Agreement and San Juan Capistrano Municipal Code Section 8-14, or abandons the project site, or suspends work for more than twenty working days other than previously prescribed, City shall have the right to immediately declare a default and to make demand on the surety for performance. 5. Restoration of Site. San Juan Capistrano Municipal Code Section 8-2.09 allows the City to require bonding as security to ensure against adverse aesthetic impacts arising from uncompleted grading, drainage and/or improvements which includes illicit non - storm drain water discharge. The purpose of this bonding shall be to restore the property to its original condition if the Developer defaults. This restoration shall include but not be limited to the following: A. Dismantle and/or demolish improvements; B. Grade property to its original contours as shown on the grading plan referred to in Exhibit "A"; C. Remove all debris and construction materials from the site; and 9 0 D. Install erosion and silt control devices, including hydroseeding, to insure a uniform vegetative cover, or equivalent stabilization measures which include the use of such Best Management Practices as blankets, fiber matrices, catch basin filters, orothererosion resistant soil coverings or treatments to satisfaction of the Director of Engineering and Building. 6. Attorney's Fees. Developer agrees to pay City such sum as the courtmayjudge as reasonable forthe legal services of an attorney representing the City in an action brought to enforce or interpret the obligations of this agreement, and such sum shall be made apart of anyjudgment in such action against Developer if such action is determined in favor of said City. 7. Developer's Work in Safe Condition. Developer shall perform all work in a safe workmanlike manner and shall take such precautions as may be necessary to warn and protect the public from any dangerous condition caused by the construction of said improvements. 8. Liability. Developer shall hold City, its officers, and employees harmless from any and all claims, demands, causes of action, liability or loss of any sort because of, or arising out of, the acts or omissions of Developer, his contractor, subcontractors, agents or employees in the performance of this agreement. In witness whereof, the parties have executed this agreement as of 2003at San Juan Capistrano, California. Developer City of San Juan Capistrano ( By: Ms. Nanci Glass By: Daniel W. MclFarland ITF, Limited (Agent) Building Official Approved as to Form: By: John Shaw City Attorne 0 EXHIBIT "A" Tract 10593 Lot 36 32241 Peppertree Bend Item 1: Construction of all on-site grading (cut, fill and slope stabilization) operations in accordance with Grading Permit No. 46854 and the Developer's plans and supporting documents as listed below: (A) Grading Plan for 32241 Peppertree Bend, dated December 2, 2002, prepared byToal Engineering, Inc., Raymond R. Toal (Engineer) , RCE No. 16889. (B) Geotechnical Report for 32241 Peppertree Bend, dated August 7, 2002, prepared by Petra Geotechnical, Inc., David Hansen (Engineer) RCE No. 58967. Item 2: Construction of all on-site improvements in accordance with Grading Permit No. 46854 and Developer's grading plans referenced in Item 1 above, including, but not limited to: driveways, parking areas, retaining walls, erosion and silt control, terrace drains, down drains, sub -drains, area drainage systems, and private storm drain systems not a part of Developer's Improvement Plans filed with the City Engineer. 0 EXHIBIT "B" 9 SCHEDULE FOR COMPLETION OF IMPROVEMENTS Completion Date September 2003 December 2004 Task Rough Grade Certification Landscape Irrigation December 2004 Landscape Planting 0 EXHIBIT "C" 0 CONDITIONS FOR COMPLETION OF IMPROVEMENTS A. The grading for this project shall be in strict conformance with the grading plans and related documents as described in Exhibit "A" and Grading Permit No. 46854. B. Grading operations shall commence within fourteen (14) calendar days after issuance of Grading Permit No. 46854. Winter grading will be conducted in strict accordance with the dynamic erosion and silt control plan submitted bythe Developer, and approved by the City. This erosion and silt control plan reflects erosion and silt mitigation measures for expected grading conditions as the work progresses through the winter season and shall not be amended except with the permission of the City. In the event Developerdoes notwish to implement winter grading, or permission for winter grading is rescinded, static erosion and silt control plans reflecting current conditions of grading shall be submitted within ten (10) days of cessation of work. These plans shall: 1. Identifyall pollutant sources including sources of sediment that may affect the quality of storm water discharges associated with the construction activity. 2. Include the erosion and sediment control planting and hydroseeding to insure a uniform vegetative cover or equivalent stabilization measures which include the use of such Best Management Practices as blankets, fiber matrices, catch basin filters or other erosion resistant soil covering or treatments to the satisfaction of the City Engineer. C. A sequence plan of grading operations shall be approved by the City prior to the issuance of any grading permit for this project. Any variation or deviation in the sequence of operations must be recommended, in writing, bythe supervising civil and soils engineers and approved by the Building Official prior to performing any work related to the variation or deviation. D. The supervising civil engineer and soils engineer shall file biweekly progress reports of all grading operations with the Building Official. An interim compaction report, for thatwork completed at the time work is suspended forthe rainy season, shall be filed with the Building Official. This interim report shall conform to the grading code requirements for final compaction reports. E. Contractor shall control dust to the satisfaction of the Building Official or his deputy. During grading, Contractor shall keep water truck on site and dampen work area, grounds, and loaded trucks. F. Grading operations suspended during the rainy season shall be resumed no laterthan 15 days from date of suspension termination. G. Installation of interim erosion and sediment control devices and systems shall commence within seven (7) days after rough grade certification has been approved by the Building Official and must be completed within fifteen (15) days of rough grade certification. Final erosion and sediment control devices, planting, landscaping and irrigation systems shall be installed prior to final inspection of the grading permit. H. All work shall be performed in strict observation of the Hours of Operation in accordance with San Juan Capistrano Municipal Code Section 8-1.03. I. Contractor shall adhere to conditions of haul route permit and encroachment permit issued by the City Engineer. J. Parking for construction crew is to be on-site. 0 32400 PASEO ADELANTO SAN JUAN CAPISTRANO, CA 92675 (949) 493-1171 (949) 493-10531" www.sanjuancapistrano.org July 25, 2007 IA(AAIOIAIfA • fsuuuAlo � I961 1776 American Motorists Insurance Company C/o Lou Jones & Associates PO Box 41375 7470 N. Figueroa Street Los Angeles, CA 90041 Re: Release of Bond — ITF, Ltd., Bond No. SU5001248 Dear Sir or Madam: MEMBERS OF THE CITY COUNCIL SAM ALLEVATO THOMAS W. HRSAR MARK NIELSEN JOE SOTO DR. LONDRES USO The bond listed below for is released as of July 25, 2007, per direction of the City of San Juan Capistrano, Engineering & Building Director. BOND NO. SU 5001248 American Motorists Insurance Company Subdivision Bond — Faithful Performance Rough grading plan for Peppertree/San Juan Capistrano Amount: $22,888.00 Property: Tract 10593, Lot 36 The City of San Juan Capistrano hereby fully and forever releases and discharges American Motorists Insurance Company from any and all liability under the abovementioned bond numbers. The original — released — documents are enclosed. If you have any questions, please do not hesitate to call me at (949) 443-6308. Very truly ,MMC as noted cc: (Letter copy only) • American Motorists Insurance Company, 1 Kemper Drive Long Grove, IL 60049-0001 • ITF, Limited (Nanci Glass, 1421 N. Wanda Road, Ste 160, Orange, CA 92867 • Nasser Abbaszadeh, Engineering & Building Director San Juan Capistrano: Preserving the Past to Enhance the Future A i,, Printed on 100% recycled paper American Moto risAnsurance Company KemPER. FIRST TERM PREMIUM FULL Y EARNED Bond Number: SU 5001248 Premium (Two Years) : $687.00 SUBDIVISION BOND FAITHFUL PERFORMANCE KNOW ALL MEN BY THESE PRESENTS: That, ITF, Ltd., as Principal, and the AMERICAN MOTORISTS INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Illinois and authorized to transact surety business in the State of California as Surety, are held and firmly bound unto For the Benefit of the City of San Juan Capistrano, as Obligee, in the sum of Twenty Two Thousand EiEht Hundred Eighty Eight & No/100s DOLLARS ($22,888.00), for which 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 the foregoing obligation is such that, whereas the above bounden Principal has entered into a contract/agreement, dated / /2003, with the Obligee to do and perform the following work; to wit: Rough Grading Plan for Peppertree San Juan Capistrano/ Lot No •36 Tract 10593 Job # 10893 NOW, THEREFORE, if the above bounden Principal shall well and truly perform the work contracted to be performed under said contract, then this obligation shall be void; otherwise to remain in full force and effect. SIGNED, SEALED, DATED: May 30, 2003 IE ITT, Ltd. (Principal) American Motorists Insurance Cum any rety) By: George Munana, At rney In Fact RECEIVED MAY 3 0 2003 BUILDING DIVISION Subdivision Performance Bond - 08-25-99Aot DIRECT CORkE40NDENCF TO In LOU JONES &ASSOCIATES, PO BOX 41375, 7470 N. FIGUEROA ST., LOS ANGELES, CA 90041 PHONE (323) 257-8291 • FAX (323) 256-7218 Subdivision Performance Bond - 08-25-99Aot State of California County of Los Angeles On NAY 3.8 = 0 - before me, Regina RangLNotga Public, NAME, TITLE OF OFFICER personally appeared George Munana NAME OF SIGNER Personally known to me - OR - ❑ 7 REGINA RANGEL comm.81366368 m Notary Public-CaEftmla W W COUNTYLOS ANGELES my comm. Exp. July 6,206' 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 which the petson(s) acted, executed the instrument. ESS my hand and o s 1 se (SIGNATURE OF OT 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 SURETY DESCRIPTION OF ATTACHED DOCUMENT ❑ • INDIVIDUAL BOND(S) ❑ CORPORATE OFFICER TITLE OR TYPE OF DOCUMENT TTLE(S) -------------------- ❑ PARTNER(S) ❑ LIMITED NUMBER OR PAGES ❑ GENERAL ATTORNEY-IN-FACT ,, , ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: DATE OF DOCUMENT SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) SIGNER OTHER THAN NAME ABOVE ((Kemper Insurance Companies IMPORTANT NOTICE CONCERNING THE TERRORISM RISK INSURANCE ACT OF 2002 The Terrorism Risk Insurance Act of 2002 establishes a mechanism by which the federal government will share, with the insurance industry, in losses arising out of "acts of terrorism" certified as such by the Secretary of the Treasury. "Certified acts, of terrorism" are defined as events that cause more than $5 million in losses and: 1. Are violent or dangerous to human life, property, or the infrastructure; 2. Result in damage within the United States, on a United States mission, or to a United States aircraft or vessel; and 3. Are committed by individuals, acting on behalf of foreign persons or interests, as part of an effort to coerce the civilian population of the United States or to influence the policies or conduct of the United States Government, The Act specifies that coverage for "certified acts of terrorism" must be made available in commercial property and casualty policies of insurance, and it requires insurers to disclose any applicable premium charges and the federal share of compensation. We are making these disclosures in strict compliance with the Act. Disclosure of Availability of Coverage for Terrorism Losses Coverage for losses resulting from 'certified acts of terrorism" is being made available to you on terms, amounts, and limitations generally applicable to losses resulting from perils other than acts of terrorism. Disclosure of Federal Share of Compensation for Terrorism Losses The federal government will pay a 90% share of an insurer's terrorism losses once the insurer has 'satisfied a significant aggregate annual deductible. For terrorism losses occurring in 2002; that deductible is 1% of the insurer's 2001. direct earned premium. For losses occurring in 2003, 2004 and 2005, the annual insurer deductibles are 7%, 10°/a and 15% of the prior year's direct earned premium, respectively. The Act provides that neither insurers nor the federal government are responsible for losses associated with "certified acts of terrorism" once aggregate annual insured losses exceed $100 billion. Disclosure of Terrorism Insurance Premium Your Bond premium charge for "certified acts of terrorism" coverage is $ 0, CR Rn 37 /Fri 14 n9i Dann 1 of 4 A :_ r: n w POWER OF ATTORNEY Know All Men By These Presents: 0 That the Lumbermens Mutual Casualty Company, the American Motorists Insurance Company, and the American Manufacturers Mutual Insurance Company, corporations organized and existing under the laws of the State of Illinois, having their principal office in Long Grove, Illinois (hereinafter collectively referred to as the "Company") do hereby appoint Jorge Correa , Leah S. Cripe , Michael E Cundiff , George Munana , Raymond E Gail , Susan E Morales , Christina A. Clarkson , Lawrence W. Carlstrom and Angelica Bisordi of Los Angeles , CA (EACH) ♦aaa aaaaaaa as their true and lawful agent(s) and Attorney(s)-in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as their act and deed: Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make, execute, seal and deliver any bond or undertaking which guarantees the payment or collection of any promissory note, check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. This appointment may be revoked at any time by the Company. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said Company as fully and amply to all Intents and purposes, as if the same had been duly executed and acknowledged by their regularly elected officers at their principal office in Long Grove, Illinois. This Power of Attorney is executed by authority of resolutions adopted by the Executive Committees of the Boards of Directors of the Company on February 23, 1988 at Chicago, Illinois, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED, That the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secrets ry,,hall have the power and authority to appoint agents and bulbattorneys-in-fact, and to authorize them t - - o alf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the Executive Committee of the Boards of Directors of the Company at a meeting duly called and held on the 23rd day of February, 1988: "VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attomey or bond executed pursuant to resolution adopted by the Executive Committee of the Board of Directors on February 23, 1988 and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company." FK 09 75 (Ed. 09 01) Page 1 of 2 PrintedInU.S.A. ITF, Limited 1421 North Wanda Road, Suite 160 Orange, CA 92867-5343 Phone: (714) 997-1998 Fax: (714) 997-9491 May 29, 2003 City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 To whom it may concern, I have authorized Nanci Glass to act as an agent on the behalf of ITF, Limited. i nomas rvicnoison, nesivam Extension 120 RECEIVED MAY 3 0 283 BUILDING DIVISION CALIFORNIA S1r C C ACKNOWLEDGEMENT V -a ,,,o3 before 3 0 /V SG"6l-Sona - (or proved tome on the basis of satisfactory evidence) to be the person(A subscribed to the within instrument and acknowledged to me that he/she/ game in his/her/their authorized capacity(, and that by his/her/their :rumentthe person(i), or the entity upon behalf of which the person(o acted, ,c'. official seal. (SEAL) ,IC SIGNATURE SHERYL V. i3RONM ,4COMM. #1325787 NO < TARY PUBLIC-CMffORNA y ORANGECWNfY WyCama Exp. oa 1$ 2005 OPTIONAL INFORMATION a)CUMENT 'I rP uric2 9� o v LES ..-,I' Sl- /O NUMBER OF PAGES , N NAMED ABOVE 0 6 MEMORANDUM July 23, 2007 TO: Meg Monahan, City Clerk FROM: Nasser Abbaszadeh, Building and Engineering Director SUBJECT: Grading Bond Release, Nicholson Residence This memorandum is authorization to release the grading bond posted for 32241 Peppertree Bend. The grading for the project has been completed and the bond can now be released. The performance bond # SU 5001248 posted from American Motorists Insurance Company in the amount of $22,888.00 was posted as security. Please find attached a copy of the Surety Agreement and performance bond for your use. If you have any questions, please contact me. Attachment Contact information: ITF, Limited (Nanci Glass) 1421 N. Wanda Road Ste 160 Orange, CA 92867 (714) 997-1998 0 0 SURETY AGREEMENT THIS AGREEMENT is made by and between the CITY OF SAN JUAN CAPISTRANO, a municipal corporation, hereinafter referred to as the "City" and ITF, Limited, a California Limited Liability Company, referred to as "Developer'. WITNESSETH COPY WHEREAS, City will issue Grading Permit No. 46854 to Developer to construct certain designated improvements, more particularly described in Exhibit "A" attached and incorporated herein by reference, which said improvements constitute a portion of that real property at the location of Tract 10593 Lot 36 APN 673-391-07, commonly referred to as 32241 Peppertree Bend. WHEREAS, San Juan Capistrano Municipal Codes Section 8-2.08 requires the posting of financial securityto secure the faithful performance and laborand materials forthe grading and installation of improvements connected with issuance of grading permits including the construction of drainage and protection devices and any other corrective work to remove and eliminate engineering and geological hazards. WHEREAS, San Juan Capistrano Municipal Code Section 8-2.09 authorizes the Building Official to require additional bonding as securityto ensure against adverse aesthetic impacts arising from incomplete grading and/or improvements from development projects which have not been completed. WHEREAS, the Building Official finds thatthe proposed project site is highly prominent and visible to the community, has unique topographic features or involves substantial grading of slope areas. NOW, THEREFORE, in consideration of the premises and promises hereinafter contained, City and Developer agree as follows: 1. Developer's Improvements Obligations. Developer shall, at its sole cost and expense, provide and furnish all labor, materials and equipment for the installation of improvements set forth in Exhibit "A". The grading permit and plans, which further defines the n u E improvements in Exhibit "A", are on file in the office of the City's Building Official, and all documents referenced in Exhibit "A" are incorporated herein by reference. 2. Developer's Security. Developer shall provide a bond by a duly authorized corporate surety, with American Motorist's Insurance Company Bond NumberSU 5001248 subject to the approval of the City Attorney, to secure Developer's improvement obligations required under this agreement. The amount ofthe bond shall be $22,888 for that work described in Exhibit "A". This security of $22,888 shall also serve as security for restoration of the site. A copyof the surety instrument, as approved by the City Attorney, is attached as Exhibit "D". C O PY 3. Completion of Improvements. To ensure the protection of the public safety, health and welfare, Developer shall constructthe improvements described in Exhibit "A" in accordance with the schedule as set forth in Exhibit "B", and the conditions as set forth in Exhibit "C". 4. Developer Default. In the event Developer does not complete the required improvements, including erosion and silt control measures within the time required, using Best Management Practices (BMP) in implementing a Water Quality Management Plan in full compliance with Orange County National Pollutant Discharge Elimination System (NPDES) Storm Water Implementation Agreement and San Juan Capistrano Municipal Code Section 8-14, orabandons the project site, or suspends work for more than twenty working days other than previously prescribed, City shall have the right to immediately declare a default and to make demand on the surety for performance. 5. Restoration of Site. San Juan Capistrano Municipal Code Section 8-2.09 allows the City to require bonding as security to ensure against adverse aesthetic impacts arising from uncompleted grading, drainage and/or improvements which includes illicit non - storm drain water discharge. The purpose of this bonding shall be to restore the property to its original condition if the Developer defaults. This restoration shall include but not be limited to the following: A. Dismantle and/or demolish improvements; B. Grade property to its original contours as shown on the grading plan referred to in Exhibit "A"; C. Remove all debris and construction materials from the site: and 0 0 D. Install erosion and silt control devices, including hydroseeding, to insure a uniform vegetative cover, or equivalent stabilization measures which include the use of such Best Management Practices as blankets, fiber matrices, catch basin filters, orother erosion resistant soil coverings or treatments to satisfaction of the Director of Engineeri t ' n �7 �"/ 6. Attorney's Fees. Developer agrees to pay City such sum astfLrnou e as reasonable for the legal services of an attorney representing the City in an action brought to enforce or interpret the obligations of this agreement, and such sum shall be made apart of anyjudgment in such action against Developer if such action is determined in favor of said City. 7, Developer's Work in Safe Condition. Developer shall perform all work in a safe workmanlike manner and shall take such precautions as may be necessary to warn and protect the public from any dangerous condition caused by the construction of said improvements. 8. Liability. Developer shall hold City, its officers, and employees harmless from any and all claims, demands, causes of action, liability or loss of any sort because of, or arising out of, the acts or omissions of Developer, his contractor, subcontractors, agents or employees in the performance of this agreement. In witness whereof, the parties have executed this agreement as of 2003at San Juan Capistrano, California. Developer By: Ms. Nanci Glass ITF, Limited (Agent) Approved as to Form: By: John City) City of San Juan Capistrano By: Daniel W. Mc arland Building Official 0 EXHIBIT "A" Tract 10593 Lot 36 32241 Peppertree Bend 0 Item 1: Construction of all on-site grading (cut, fill and slope stabilization) operations in accordance with Grading Permit No. 46854 and the Developer's plans and supporting documents as listed below: COPY (A) Grading Plan for 32241 Peppertree Bend, dated December 2, 2002, prepared byToal Engineering, Inc., Raymond R. Toal (Engineer), RCE No. 16889. (B) Geotechnical Report for 32241 Peppertree Bend, dated August 7, 2002, prepared by Petra Geotechnical, Inc., David Hansen (Engineer) RCE No. 58967. Item 2: Construction of all on-site improvements in accordance with Grading Permit No. 46854 and Developer's grading plans referenced in Item 1 above, including, but not limited to: driveways, parking areas, retaining walls, erosion and silt control, terrace drains, down drains, sub -drains, area drainage systems, and private storm drain systems not a part of Developer's Improvement Plans filed with the City Engineer. 0 EXHIBIT "B" SCHEDULE FOR COMPLETION OF IMPROVEMENTS Completion Date September 2003 December 2004 Task Rough Grade Certification Landscape Irrigation December 2004 Landscape Planting COPY 0 EXHIBIT "C" is CONDITIONS FOR COMPLETION OF IMPROVEMENTS A. The grading for this project shall be in strict conformance with the grading plans and related documents as described in Exhibit "A" and Grading Permit No. 46854. B. Grading operations shall commence within fourteen (14) calendar days after issuance of Grading Permit No. 46854. COPY W inter grading will be conducted in strict accordance with the dynamic erosion and silt control plan submitted by the Developer, and approved by the City. This erosion and silt control plan reflects erosion and silt mitigation measures for expected grading conditions as the work progresses through the winter season and shall not be amended except with the permission of the City. In the event Developer does not wish to implement winter grading, or permission for winter grading is rescinded, static erosion and silt control plans reflecting current conditions of grading shall be submitted within ten (10) days of cessation of work. These plans shall: 1. Identify all pollutant sources including sources of sediment that may affect the quality of storm water discharges associated with the construction activity. 2. Include the erosion and sediment control planting and hydroseeding to insure a uniform vegetative cover or equivalent stabilization measures which include the use of such Best Management Practices as blankets, fiber matrices, catch basin filters or other erosion resistant soil covering or treatments to the satisfaction of the City Engineer. C. A sequence plan of grading operations shall be approved by the City prior to the issuance of any grading permit for this project. Any variation or deviation in the sequence of operations must be recommended, in writing, bythe supervising civil and soils engineers and approved by the Building Official prior to performing any work related to the variation or deviation. D. The supervising civil engineer and soils engineer shall file biweekly progress reports of all grading operations with the Building Official. An interim compaction report, for that work completed at the time work is suspended for the rainy season, shall be filed & 0 with the Building Official. This interim report shall conform to the grading code requirements for final compaction reports. E. Contractor shall control dust to the satisfaction of the Building Official or his deputy. During grading, Contractor shall keep water truck on site and dampen work area, grounds, and loaded trucks. 00PI F. Grading operations suspended during the rainy season shall be resumed no laterthan 15 days from date of suspension termination. G. Installation of interim erosion and sediment control devices and systems shall commence within seven (7) days after rough grade certification has been approved by the Building Official and must be completed within fifteen (15) days of rough grade certification. Final erosion and sediment control devices, planting, landscaping and irrigation systems shall be installed prior to final inspection of the grading permit. H. All work shall be performed in strict observation of the Hours of Operation in accordance with San Juan Capistrano Municipal Code Section 8-1.03. I. Contractor shall adhere to conditions of haul route permit and encroachment permit issued by the City Engineer. J. Parking for construction crew is to be on-site. American MotorisAnsurance Compan0 ICemPeR. FIRST TERM PREMIUM FULLY EARNED Bond Number: SU 5001248 Premium (Two Years) : $687.00 SUBDIVISION BOND COPY FAITHFUL PERFORMANCE KNOW ALL MEN BY THESE PRESENTS: That, ITF, Ltd., as Principal, and the AMERICAN MOTORISTS INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Illinois and authorized to transact surety business in the State of California as Surety, are held and firmly bound unto For the Benefit of the City of San Juan Capistrano, as Obligee, in the sum of Twenty Two Thousand Eight Hundred Eighty Eight & No/100s DOLLARS ($22,888.00), for which 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 the foregoing obligation is such that, whereas the above bounden Principal has entered into a contract/agreement, dated / /20031 with the Obligee to do and perform the following work; to wit: Rough Grading Plan for Peppertree San Juan Capistrano/ Lot No.:36, Tract 10593, Job # 10893 NOW, THEREFORE, if the above bounden Principal shall well and truly perform the work contracted to be performed under said contract, then this obligation shall be void; otherwise to remain in full force and effect. SIGNED, SEALED, DATED: May 30, 2003 ITF, Ltd. (Principal) M American Motorists Insurance Com any rety) By: George Mumma, Auhnney In Fact RECEIVED MAY 3 0 2003 BUILDING DIVISION DIRECT CORRESPONDENCE TO: In LOU JONES & ASSOCIATES, PO BOX 41375, 7470 N. FIGUEROA ST., LOS ANGELES, CA 90041 PHONE (323) 257-8291 • FAX (323) 256-7218 Subdivision Performance Bond - 08-25-99.dot L CALTFORNIAALL-PiJRPOSfiACRNOIbEDGMENT` _', State of California County of Los Angeles SAY 30M On before me, Bevina FaneLNotga Public NAME, TITLE OF OFFICER personally appeared George Munana NAME OF SIGNER 0 Personally known to me - OR - ❑ i?Ei C }J s7 E.+SEL In 61-1y1 • i Notny C-: sn!a CA W ' - - " f lin 3�Si9'_ES Ci)ifR4TY � Cei,tm. Fzp..icfydG, 200G C (D 1FD1 y 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 which the person(s) acted, executed the instrument. ESS my hand and o 'se . (SIGNATURE OF OT 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 SURETY DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL BOND(S) ❑ CORPORATE OFFICER TITLE OR TYPE OF DOCUMENT TTLE(S) --------- I PARTNER(S) ❑ LIMITED NUMBER OR PAGES ❑ GENERAL ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: DATE OF DOCUMENT SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) American Motorists Insurance Compan Lumbermens Mutual Casualty Compmy SIGNER OTHER THAN NAME ABOVE American Manufacturers Mutual Insurance Company Lou Jones & Associates 0 0 ((Kemper. Insurance Companies IMPORTANT NOTICE CONCERNING THE TERRORISM RISK INSURANCE ACT OF 2002 The Terrorism Risk Insurance Act of 2002 establishes a mechanism by which the federal government will share, with the insurance industry, in losses arising out of "acts of terrorism" certified as such by the Secretary of the Treasury. "Certified acts of terrorism" are defined as events that cause more than $5 million in losses and: 1. Are violent or dangerous to human life, property, or the infrastructure; 2. Result in damage within the United States, on a United States mission, or to a United States aircraft or vessel; and 3. Are committed by individuals, acting on behalf of foreign persons or interests, as part of an effort to coerce the civilian population of the United States or to influence the policies or conduct of the United States Government. The Act specifies that coverage for "certified acts of terrorism" must be made available in commercial property and casualty policies of insurance, and it requires insurers to disclose any applicable premium charges and the federal share of compensation. We are making these disclosures in strict compliance with the Act. Disclosure of Availability of Coverage for Terrorism Losses Coverage for losses resulting from "certified acts of terrorism" is being made available to you on terms, amounts, and limitations generally applicable to losses resulting from perils other than acts of terrorism. Disclosure of Federal Share of Compensation for Terrorism Losses The federal government will pay a 90% share of an insurer's terrorism losses once the insurer has satisfied a significant aggregate annual deductible. For terrorism losses occurring in 2002, that deductible is 1% of the insurer's 2001 direct earned premium. For losses occurring in 2003, 2004 and 2005, the annual insurer deductibles are 7%, 10% and 15% of the prior year's direct earned premium, respectively. The Act provides that neither insurers nor the federal government are responsible for losses associated with "certified acts of terrorism" once aggregate annual insured losses exceed $100 billion. Disclosure of Terrorism Insurance Premium Your Bond premium charge for "certified acts of terrorism" coverage is $ 0. CR Rn 47 MA 44 n0\ 0+....4-9A n._._.......... 0 Know All Men By These Presents: 0 POWER OF ATTORNEY That the Lumbermens Mutual Casualty Company, the American Motorists Insurance Company, and the American Manufacturers Mutual Insurance Company, corporations organized and existing under the laws of the State of Illinois, having their principal office in Long Grove, Illinois (hereinafter collectively referred to as the "Company") do hereby appoint Jorge Correa , Leah S. Cripe , Michael E Cundiff , George Munana , Raymond E Gail , Susan E Morales , Christina A. Clarkson , Lawrence W. Carlstrom and Angelica Bisordi of Los Angeles , CA (EACH) ............. COPY their true and lawful agent(s) and Attorney(s)-in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as their act and deed: Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make, execute, seal and deliver any bond or undertaking which guarantees the payment or collection of any promissory note, check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. This appointment may be revoked at any time by the Company. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by their regularly elected officers at their principal office in Long Grove, Illinois. This Power of Attorney is executed by authority of resolutions adopted by the Executive Committees of the Boards of Directors of the Company on February 23, 1988 at Chicago, Illinois, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED, That the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys -in -fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the Executive Committee of the Boards of Directors of the Company at a meeting duly called and held on the 23rd day of February, 1988: "VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to resolution adopted by the Executive Committee of the Board of Directors on February 23, 1988 and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company." FK09 75 (Ed. 09 01) Page 1 of 2 Printed in U.S.A. In Testimony Whereof, the Comift has caused this instrument to be siand their corporate seals to be affixed by their authorized officergMs October 23, 2002. Attested and Certified: Lumbermens Mutual Casualty Company American Motorists Insurance_ Company American Manufacturers Mutual Insurance Company e S� r• ��P� Fcsrossn y � iFil a oh K. Conway, Corpor a Secretary Gary J. ly, Ynior Vice Pres' t STATE OF ILLINOIS SS COPY COUNTY OF LAKE SS I, Maria I. Omori, a Notary Public, do hereby certify that Gary J. Tully and John K. Conway personally known to me to be the same persons whose names are respectively as Senior Vice President and Corporate Secretary of the Lumbermens Mutual Casualty Company, the American Motorists insurance Company, and the American Manufacturers Mutual Insurance Company, Corporations organized and existing under the laws of the State of Illinois, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seals and delivered the said instrument as the free and voluntary act of said corporations and as their own free and voluntary acts for the uses and purposes therein set forth. Q AL SEAL" I. OMORI, STATE Or ILLINOIS EXPI09/17 2003 CERTIFICATION l alllC J, OT" 6,u Maria I. Omori, Notary Public My commission expires 9,-17-03 I, J. K. Conway, Corporate Secretary of the Lumbermens Mutual Casualty Company, the American Motorists Insurance Company, and the American Manufacturers Mutual Insurance Company, do hereby certify that the attached Power of Attorney dated October 23, 2002 on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said Gary J. Tully, who executed the Power of Attorney as Senior Vice President, was on the date of execution of the attached Power of Attorney the duly elected Senior Vice President of the Lumbermens Mutual Casualty Company, the American Motorists Insurance Company, and the American Manufacturers Mutual Insurance Company. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seat of the Lumbermens Mutual Casualty Company, the American Motorists Insurance Company, and the American Manufacturers Mutual 1 Insurance Company on this day of Jo _a_a 20 -,20 9@e-- � Joh K. onYCorporate cretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Company except in the manner and to the extent herein stated. Home Office: Long Grove, IL 60049 FK 09 75 (Ed. 09 01) Page 2 of 2 Printed in U.S.A. 0 ITF, Limited 1421 North Wanda Road, Suite 160 Orange, CA 92867-5343 Phone: (714) 997-1998 Fax: (714) 997-9491 May 29, 2003 City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 To whom it may concern, I have authorized Nanci Glass to act as an agent on the behalf of ITF, Limited. Thomas Nicholson, President Extension 120 1 RECEIVED MAY 3 0 203 BUILDING DIVISION CALIFORNIA STATE OF CALIFORNIA ) (( MLEDO COUNTY OF n L' A n O C ) "V On MA-, 3o, zco3 before DATE personally appeared, wmAs Q Nzcv o�so J personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s') whose name($)is/are subscribed to the within instrument and acknowledged to me that he/she/ they executed the same in his/her/their authorized capacity(ips), and that by his/her/their signature(s) on the instrument the person(g), orthe entity upon behalf of which the person) acted, executed the instrument. 8HERYLV. BROWN WITNESS my hand and official seal. .: �c M. #1325787 Y ORANGE OOINTI My comm Exp. Od It 2005 Z!2? (SEAL) NOTARY PUB] SIGNATURE OPTIONAL INFORMATION TITLE OR TYPE OF DOCUMENT T lu f u✓ti2�T* o v cc DATE OF DOCUMENT S /2':� / O -!�, NUMBER OF PAGES SIGNER(S) OTHER THAN NAMED ABOVE 0 32400 PASEO ADELANTO SAN JUAN CAPISTRANO, CA 92675 (949) 493-1171 (949) 493.1053 PAx www.sanjuancapistrano.org July 30, 2007 American Motorists Insurance Company 1 Kemper Drive Long Grove, IL 60049-0001 Re: Release of Bond — ITF Ltd., Bond No. SU5001248 Dear Sir or Madam: MEMBERS OF THE CITY COUNCIL SAM ALLEVATO THOMAS W. HRIBAR MARK NIELSEN JOE SOTO DR. LONDRES USO The bond listed below for is released as of July 25, 2007, per direction of the City of San Juan Capistrano, Engineering & Building Director. BOND NO. SU 5001248 American Motorists Insurance Company Subdivision Bond — Faithful Performance Rough grading plan for Peppertree/San Juan Capistrano Amount: $22,888.00 Property: Tract 10593, Lot 36 The City of San Juan Capistrano hereby fully and forever releases and discharges American Motorists Insurance Company from any and all liability under the abovementioned bond numbers. The original — released — documents are enclosed. If you have any questions, please do not hesitate to call me at (949) 443-6308. Very truly yours, Meg nah n, MMC City Jerk En os s as noted cc: (Letter copy only) • ITF, Limited (Nanci Glass, 1421 N. Wanda Road, Ste 160, Orange, CA 92867 • Nasser Abbaszadeh, Engineering & Building Director PS: Attempt to return the original bond c/0 Lou Jones & Associates, PO Box 41375, 7470 N. Figueroa St, Los Angeles, CA 90041 — fail. It was returned "No Forwarding Address Provided." Therefore, this original bond is being returned directly to American Motorists Insurance Company. San Juan Capistrano: Preserving the Past to Enhance the Future �, Printed on 100% retycled paper American Motors Insurance Compaly ICemPeR. FIRST TERM PREMIUM FULL YEARNED Bond Number: SU 5001248 Premium (Two Years) : $687.00 SUBDIVISION BOND FAITHFUL PERFORMANCE KNOW ALL MEN BY THESE PRESENTS: That, ITF, Ltd., as Principal, and the AMERICAN MOTORISTS INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Illinois and authorized to transact surety business in the State of California as Surety, are held and firmly bound unto For the Benefit of the City of San Juan Capistrano, as Obligee, in the sum of Twenty Two Thousand Eight Hundred Eighty Eight & No/100s DOLLARS ($22,888.00), for which 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 the foregoing obligation is such that, whereas the above bounden Principal has entered into a contract/agreement, dated / /2003, with the Obligee to do and perform the following work; to wit Rough Grading Plan for Peppertree San Juan Capistrano/ Lot No.:36, Tract 10593, Job # 10893 NOW, THEREFORE, if the above bounden Principal shall well and truly perform the work contracted to be performed under said contract, then this obligation shall be void; otherwise to remain in full force and effect. SIGNED, SEALED, DATED: May 30, 2003 I1 ITT, Ltd. (Principal) American Motorists Insurance Cum any ety; By: George Munana, AftKrney In Fact 1-1 RECEIVED MAY 3 0 2003 BUILDING DIVISION Subdivision Performance Bond - 08-25-99 dot DIRECT COR ONDENCE TO: In LOU JONES & ASSOCIATES, PO BOX 41375, 7470 N. FIGUEROA ST., LOS ANGELES, CA 90041 PHONE (323) 257-8291 • FAX (323) 256-7218 Subdivision Performance Bond - 08-25-99 dot State of California County of Los Angeles On Mir Sim before me, Regina RanZLNot4a Public NAME, TITLE OF OFFICER personally appeared George Munana NAME OF SIGNER Personally known to me - OR - We REGINA RANGELCOMM. #1366369 - M NotryPuW(aLOS ANGELES COUNTY My Comm. Exp. July 26, 2066 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 executedthe same in his/her/their authorized capacity(ies), and that by his/het/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. ESS my hand and o 1 se (SIGNATURE OF OT 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 SURETY ❑ INDIVIDUAL ❑ CORPORATE OFFICER =E(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) :., .,. u.., •n-. :• LL. .. � U.t-, a .. t. •n•:e DESCRIPTION OF ATTACHED DOCUMENT BOND(S) OR TYPE OF DOCUMENT NUMBER OR PAGES DATE OF DOCUMENT SIGNER OTHER THAN NAME ABOVE a (Kemper Insurance Companies IMPORTANT NOTICE CONCERNING THE TERRORISM RISK INSURANCE ACT OF 2002 The Terrorism Risk Insurance Act of 2002 establishes a mechanism by which the federal government will share, with the insurance industry, in losses arising out of "acts of terrorism" certified as such by the Secretary of the Treasury. "Certified acts of terrorism" are defined as events that cause more than $5 million in losses and: 1. Are violent or dangerous to human life, property, or the infrastructure; 2. Result in damage within the United States, on a United States mission, or to a United States aircraft or vessel; and 3. Are committed by individuals, acting on behalf of foreign persons or interests, as part of an effort to coerce the civilian population of the United States or to influence the policies or conduct of the United States Government. The Act specifies that coverage for "certified acts of terrorism" must be made available in commercial property and casualty policies of insurance, and it requires insurers to disclose any applicable premium charges and the federal share of compensation. We are making these disclosures in strict compliance with the Act. Disclosure of Availability of Coverage for Terrorism Losses Coverage for losses resulting from 'certified acts of terrorism" is being made available to you on terms, amounts, and limitations generally applicable to losses resulting from perils other than acts of terrorism. Disclosure of Federal Share of Compensation for Terrorism Losses The federal government will pay a 90% share of an insurer's terrorism losses once the insurer has satisfied a significant aggregate annual deductible. For terrorism losses occurring in 2002, that deductible is 1 % of the insurer's 2001 direct earned premium. For losses occurring in 2003, 2004 and 2005, the annual insurer deductibles are 7%, 10% and 15% of the prior years direct earned premium, respectively. The Act provides that neither insurers nor the federal government are responsible for losses associated with 'certified acts of terrorism" once aggregate annual insured losses exceed $100 billion. Disclosure of Terrorism Insurance Premium Your Bond premium charge for "certified acts of terrorism" coverage is $ 0. CR Rn 37 /Frl 11 091 Dann 1 of 1 o.:..a.,.a :— . I o . 0 POWER OF ATTORNEY Know All Men By These Presents: That the Lumbermens Mutual Casualty Company, the American Motorists Insurance Company, and the American Manufacturers Mutual Insurance Company, corporations organized and existing under the laws of the State of Illinois, having their principal office in Long Grove, Illinois (hereinafter collectively referred to as the "Company") do hereby appoint Jorge Correa , Leah S. Cripe , Michael E Cundiff , George Munana , Raymond E. Gail , Susan E Morales , Christina A. Clarkson , Lawrence W. Carlstrom and Angelica Bisordi of Los Angeles , CA (EACH) their true and lawful agent(s) and Attomey(s)-in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and an its behalf as surety, and as their act and deed: Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make, execute, seal and deliver any bond or undertaking which guarantees the payment or collection of any promissory note, check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. This appointment may be revoked at any time by the Company. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by their regularly elected officers at their principal office in Long Grove, Illinois. This Power of Attorney is executed by authority of resolutions adopted by the Executive Committees of the Boards of Directors of the Company on February 23, 1988 at Chicago, Illinois, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED, That the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys -in -fact, and to authorize them tt�'fi"cjDfj onaalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the Executive Committee of the Boards of Directors of the Company at a meeting duly called and held on the 23rd day of February, 1988: "VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to resolution adopted by the Executive Committee of the Board of Directors on February 23, 1988 and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company." FK 09 75 (Ed. 09 01) Page 1 of 2 Printed in U.S.A. ITF, Limited 1421 North Wanda Road, Suite 160 Orange, CA 92867-5343 Phone: (714) 997-1998 Fax: (714) 997-9491 May 29, 2003 City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 To whom it may concern, I have authorized Nanci Glass to act as an agent on the behalf of ITF, Limited. 7 T,nha k y u, Thomas Nicholson, President Extension 120 1 RECEIVED MAY 3 0 M3 BUILDING DIVISION CALIFORNIA STATE OF CALIFORNIA COUNTY OF n a H ny oC ) On MAi 30, zoo3 before me, :f5he2-IL- V • 6e'oW'j 1 /�1mn2y drU3� , DATE NAME, TITLE OF OFFICER - E.G., "JANE DOE, NOTARY PUBLIC" personally appeared, 0. Nrc�o o personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(ois/are subscribed to the within instrument and acknowledged to me that he/she/ they executed the same in his/her/their authorized capacity(iGS), and that by his/her/their signature($) on the instrument the person(i), or the entity upon behalf of which the person acted, executed the instrument. w+• SHERYLV. BROWN WITNESS my hand and official seal. > „ RCKARCOMM.Pl�� < '. aaNCEoounrr My comm Ery. oa it 2005' -� ' (SEAL) NOTARY PUBL SIGNATURE OPTIONAL INFORMATION TITLE OR TYPE OF DOCUMENT L C-T-l-,Ee DATE OF DOCUMENT 5 /Z q / D T, NUMBER OF PAGES SIGNER(S) OTHER THAN NAMED ABOVE