1997-0918_SJD PARTNERS, LTD._Surety Agreementa 4
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 SJD Partners, Ltd. By: SJD
Development Corp., its General Partners, a General Partnership, referred to as "Developer".
WITNESSETH
WHEREAS, City will issue Grading Permit No. 36901 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
Camino Las Ramblas and I-5 in South San Juan Capistrano, commonly referred to as Pacific Point,
Tentative Tract No. 14196.
WHEREAS, San Juan Capistrano Municipal Code Section 8-3.05 requires the posting of
financial security to secure the faithful performance and labor and materials for the grading and
installation of improvements connected with issuance of grading permits.
WHEREAS, San Juan Capistrano Municipal Code Section 8-3.06 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 that the 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 pemut and plans, which further defines the 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 bonds issued by a duly authorized
corporate surety, subject to the approval of the City's City Attorney, to secure Developer's
improvement obligations required under this agreement.
The amount of the bonds shall be a total of $6,347,006.00 for that work described in
Exhibit "A". This security of $6,347,006.00 shall also serve as security for restoration of the site.
This security of $6,347,006.00 is made up of four (4) separate bonds as follows:
Surety Agreement
Pacific Point, TT #14196
Camino Las Ramblas & I-5
Bond No. 423568 S in the sum of $3,266,158.00
Bond No. 423569 S in the sum of $2,791,263.00
Bond No. 423570 S in the sum of $221,735.00
Bond No. 423571 S in the sum of $67,850.00
Page 2
A copy of the surety instruments, as approved by the City Attorney, are 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 -control measures within the time required, 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 8-3.06 allows the
City to require bonding as security to ensure against adverse aesthetic impacts arising from
uncompleted grading and/or improvements. The purpose of this bonding shall be to restore the
property to its original condition if the Developer defaults. This restoration shall include:
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
D. Install erosion control, including hydroseeding, to the satisfaction of the
Building Official.
6. Attorney's Fees. Developer agrees to pay City such sum as the court may adjudge 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 a part of any judgment 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.
Surety Agreement Page 3
Pacific Point, TT #14196
Camino Las Ramblas & I-5
8. Li ili . 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 A? 1997
at San Juan Capistrano, California.
Developer
SJD Partners, Ltd.
By: SJD Development Corp., its
neral P rtne�
By Bruce Elieff
President
Approve as o Form:
By: JoVh R. Shaw
City Attorney
Building Official
Surety Agreement Page 4
Pacific Point, TT #14196
Camino Las Ramblas & I-5
EXHIBIT "A"
Item 1: Construction of all on-site grading (cut, fill and slope stabilization) operations in accordance
with Grading Permit No.36901 and the Developer's plans and supporting documents as
listed below:
(A) Grading Plan for Pacific Point, dated 12/22{92, prepared by The Keith Companies,
Eric C. Nielson, RCE No. 40995.
(B) Geotechnical Report for Pacific Point, dated 12/23/92, prepared by Zeiser-Kling
Consultants Inc., Henry F. Kling, No. 42395.
Item 2: Construction of all on-site improvements in accordance with Grading Permit No. 36901 and
Developer's grading plans referenced in Item 1 above, including, but not limited to:
driveways, parking areas, retaining walls, terrace drains, down drains, subdrains, area
drainage systems, and private storm drain systems not a part of Developer's Improvement
Plans filed with the City Engineer.
Item 3: Construction and placement of landscaping and irrigation in accordance with approved
plans for Pacific Point as included in the above plans.
Surety Agreement
Pacific Point, TT #14196
Camino Las Ramblas & I-5
Page 5
EXHIBIT "B"
SCHEDULE FOR COMPLETION OF IMPROVEMENTS
Completion Date
September, 1998
November, 1998
December, 1998
Task
Rough Grade Certification
Landscape Irrigation
(Per grading plans for erosion and silt control)
Landscape Planting
(Per grading plans for erosion and silt control)
0 0
Surety Agreement
Pacific Point, TT #14196
Camino Las Ramblas & I-5
EXHIBIT "C"
CONDITIONS FOR COMPLETION OF IMPROVEMENTS
Page 6
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. 36901.
B. Grading operations shall commence within fourteen (14) calendar days after issuance of
Grading Permit No. 36901.
Winter grading will be conducted in strict accordance with the dynamic erosion -control plan
submitted by the Developer, and approved by the City. This erosion -control plan reflects
erosion 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 -control plans reflecting current conditions of grading shall
be submitted within ten (10) days of cessation of work. These plans shall include erosion -
control planting as required by the City.
C. Except as specified in item "F" below, suspension in excess of twenty (20) working days of
work authorized by Grading Permit No. 36901, including erosion -control measures and
landscaping and irrigation, shall constitute default of this agreement.
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 (see item "F" below), 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 later than 15 days
from date of suspension.
G. Developer shall provide approved on-site archaeological monitor during all phases of grading
and foundation excavation and submit a final archaeological report to the City upon
completion of the grading.
Surety agreement Page 7
Pacific Point, TT #14196
Camino Las Ramblas & I-5
H. The grading for this project shall be in substantial conformance to the grading concepts of
Tentative Tract Map No. 14196 as approved by City Council Resolution No. 92-6-16-4, and
in strict conformance with the grading plans and related documents as described in Exhibit
"A" and Grading Permit No.36901.
Installation of final erosion -control landscaping and irrigation, as required by City Council
Resolution No. 92-6-16-4, Conditions of Approval, shall be commenced within seven (7)
calendar days after Rough Grade Certification has been approved, or at any time at the
discretion of the Building Official.
Street trees and erosion -control landscaping shall be installed in accordance with City Council
Resolution No. 92-6-16-4.
Installation of interim erosion -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 -control
landscaping and irrigation systems shall be installed prior to final inspection of the grading
permit.
K. All work shall be performed in strict observation of the Hours of Operation in accordance
with San Juan Capistrano Municipal Code Section 8-107.
L. All trees which have been identified for preservation shall be protected in place in accordance
with the Comprehensive Development Plan and City Council Resolution No. 92-6-16-4.
M. No construction trucks are to stop or stand on Valle Road and/or Camino Las Ramblas.
N. Parking for construction crew is to be on-site.
o iIz
In5CC�jCO
BOND NO: 423568 S
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
That we. SJD PARTNERS, LTD. BY: SSD DEVELOPMENT CORP., ITS GENERAL PARTNER , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN CAPISTRANO
as Obligee, in the sum of THREE MILLION TWO HUNDRED SIXTY SIX THOUSAND ONE HUNDRED FIFTY EIGHT ----
(4 3-,266-sd SR_nfl ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OR LI GA IION IS SUCH THAT:
WHERFAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
CITY OF SAN JUAN CAPISTRANO as Obligee for the improvements in the
RAW CUT ROUGH GRADING AT CAMINO LAS RAMBLAS AND I-5
subdivision designated as (Tract. Parcel) Map NoIN SOUTH SAN JUAN CAPISTRANO (PACIFIC POINT) as required
by the Goscrnment Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
Subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
'This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement secunh, and shall inure to the benefit of any and all contractors. their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improsemem. Notice of extension of time for completion is waived by the
Surety.
IN W'IINESS WHFRFOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Sorct} is hereto affixed and attested by its duly authorized Attorney -in -Fact at PLACENTIA
Calitornia, this 15TH day of SEPTEMBER I9 97
"PRINCIPAL_"
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP..
ITS GENERAL PARTNSR
BY: /Zov/, ~
FORM DI 1l2 (Rev 10/90)
"SURETY"
DEVELOPERS INSUR CE OMPANY
r
BY: NO(—/s
TODD M. ROHM Attorney -in -Fact
333 Wilshire Ave.
Anaheim, CA 92801
(714)999-1471
STATE OF CALIFORNIA It
SS.
COUNTY OF ORANGE
On 9/15/97 ,before me, BEATA A. SENSI, NOTARY PUBLIC .
PERSONALLY APPEARED
personally known to me
to be the person(K) whose name(K)
is/SYd(subscribed to the within instrument and acknowl-
edged to me that he(lsl** executed the same in his/
D( (M authorized capacity(Y&X and that by his/HK(/
BX& signaturef4 on the instrument the personK or the
entity upon behalf of which the personQgCacted, executed
the instrument.
WITNESS my hand and official seal.
Signature
TODD M.
OPTIONAL
Vf;J4tkt• 71t133T90
L i1��.Y'rti«� • CALIFORN4
o;;pPiOE COUNTY
tay comm. FxP �`.+4, soot
This area for Official Notarial Seal
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,
CAPACITYCLAIMED BY SIGNER
❑ INDIVIDUAL
❑ CORPORATE OFFICER
m1E(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
Q ATTORNEY-IN-FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTI V(IES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
TITLE OR TYPE OF DOCUMENT
01
NUMBER OF PAGES
9/15/97
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
ID -081 Rev.6/94 ALL-PURPOSE ACKNOWLEDGEMENT
POWER OF ATTORNEY OF
II�dEMNITY COMPANY OF CALIFOR&
AND DEVELOPERS INSURANCE COMPANY N° 2 9 3 212
P.O. BOX 19725, IRVINE, CA 92713 • (714) 263-3300
NOTICE: 1. All power and authority herein granted shall in any event terminate on the 31st day of March, 1999.
2. This Power of Attorney is void it altered or if any portion is erased.
3. This Power of Attorney is void unless the seal is readable, the text is in brown ink, the signatures are in blue ink and this notice is in red ink.
4. This Power of Attorney should not be returned to the Attorney(s)-In-Fact, but should remain a permanent part of the obligee's records.
KNOW ALL MEN BY THESE PRESENTS, that except as expressly limited, INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, do each
severally, but not jointly, hereby make, constitute and appoint
"'C. J. GRANGER, JR., ROBERT J. HANNA, TODD M. ROHM, D. J. PICARD, BEATA A. SENSI,
JOINTLY OR SEVERALLY'
the true and lawful Attomey(s)-In-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations as sureties, bonds, undertakings and contracts of suretyship
in an amount not exceeding Two Million Five Hundred Thousand Dollars ($2,500,000) in any single undertaking; giving and granting unto said Attorneys) -In -Fact full power and authority
to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of mid corporations could do, but reserving to each of said corporations full
power of substitution and revocation; and all of the acts of said Attomay(s)-In-Fact, pursuant to these presents, are hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of INDEMNITY
COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, effective as of September 24, 1986:
RESOLVED, that the Chairman of the Board, the President and any Vice President of the corporation be, and that each of them hereby is, authorized to execute Powers of
Attorney, qualifying the attorney(s) named in the Powers of Attorney to execute, on behalf of the corporation, bonds, undertakings and contracts of suretyship; and that the Secretary
or any Assistant Secretary of the corporation be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney;
RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such
Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking
or contract of suretyship to which it is attached.
IN WITNESS WHEREOF INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY have severally caused these presents to be signed by their respective
Presidents and attested by their respective Secretaries this 14th day of June, 1995.
INDEMNITY COMPANY OF CALIFORNIA DEVELOPERS INSURANCE COMPANY
By Q16f DAULUS, By amu.
DoVe F. Vincenti, Jr.ON,pANYO� D to F. Vincenti, Jr. ' 9\NSUR
President PO qr President Q4rQ F OF
3 = OCT. 5 iA ATTEST -MAR. 27 ;
2 1957 .a 1979 T
y r
O'yi /F PNJ+2 D IF <
BY * BY It
WatterCrowell Wafter rowel)
Secretary Secretary
STATE OF CALIFORNIA )
) SS.
COUNTY OF ORANGE )
On June 14, 1995, before me, C.V. Brink, personally appeared Dante F. Vincenti, Jr. and Walter Crowell, personally known to me (or proved to me on the basis of satisfactory
evidence) to be the person(s) whose name(s) islare subscribed to the within instrument and acknowledged to me that hershe/they executed the same in his/her/their authorized
capactty(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the persc n(s) acted, executed the instrument.
WITNESS my hand and official seal.
C. V. BRINK
g
comm. #1036712 D
Signature -sti NOTARY PUBLIC -CALIFORNIA
17RA1Xo'c COUNTY
AN Comm. Exp. Aug. 21, 1900
CERTIFICATE
The undersigned, as Senior Vice President of INDEMNITY COMPANY OF CALIFORNIA, and Senior Vice President of DEVELOPERS INSURANCE COMPANY, does hereby
certify that the foregoing and attached Power of Attorney remains in full force and has not been revoked; and furthermore, that the provisions of the resolutions of the respective
Boards of Directors of mid corporations set forth in the Power of Attorney, are in force as of the date of this Certificate.
This Certificate is executed in the City of Irvine, California, this l5f h- day ofSe D� 199 1
(INDEMNITY COMPANY OF CALIFORNIA pAN Y DEVELOPERS INSURANCE COMPANY
OM O,n y\NSURgN
By/y_
i 2 OCT. S a9+i B // 1 • \
�— L.C. Fiebiger WO 1967 P � L.C. Fiebiger y 1979
Senior Vice President 1� IF F� j Senior Vice President o rF t
I0-310 REV. (2/96)
VX(9 0
lnscqblCO
(ER(D p
February 5, 2001
CITY OF SAN JUAN CAPRISTRANO
32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CA 92675
RE: Bond Number: 423568S -* 31 a& C'l /Sy
Principal Name: SJD PARTNERS LTD
Dear Obligee:
P�
RECEIVED
FEB 12 3 27 PM '01
CTr C Ear;
DEPT, -,mENT
CI F SAN
JUAN ISTRAND
/4l -?b S
� �C�JC�IVI� IC.%✓F r�'r
. J
You have recently received a letter regarding the merger of Developers Insurance
Company (DICO) into Developers Surety and Indemnity Company (DSI). The merger
was effective December 29, 2000, at which time all active DICO bonds, including yours,
referenced above, were automatically transferred into the name of DSI. Please accept
this letter and the attached Merger Endorsement as an additional legal notice of the
merger.
As approved within the merger agreement, please use the attached Merger Endorsement
as the official notice for the transfer of bonded liability from DICO to DSI for all of the
listed active bonds. If this letter and endorsement are not sufficient vehicles of
notification of the merger, please contact our Service Department at 800-782-1546 to
request further information.
Thank you for your cooperation during our merger process.
Sincerely,
David H. Rhodes
Executive Vice President
Chief Underwriting Officer
Insco Insurance Services, Inc. • CA Lic. 0403172
17780 Fitch • Suite 200 a Irvine, CA 92614 • (800) 782-1546 • (949) 263-3300 • Fax (949) 252-1955 • http�//w .InscoDico.com
Underwriting Manager for:
Developers Surety and Indemnity Company • Indemnity Company of Califomia
0 0
MERGER ENDORSEMENT
In accordance with the merger of Developers Insurance Company with and into Developers
Surety and Indemnity Company, effective the 29th day of December, 2000, your insurance
company is now Developers Surety and Indemnity Company (the "Company"). The address of
the Company's administrative office is:
17780 Fitch, Ste. 200
Irvine, California 92614
No terms, conditions or benefits of your bond have changed. All servicing of your bond will be
done by the Company or its affiliated representatives.
Please keep this endorsement with your bond. If you have any questions, you may write the
Company at the above address.
President Secretary
/G'v /, iAi r ` A r/
�r15C��C0 BOND NO: 423568 S
INITIAL PREMIUM: $32,662.00
SUBJECT 10 RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL. MEN BY THESE PRESENTS:
That we, SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP., ITS GENERAL PARTNER , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
as Obligee, in the sum of THREE MILLION TWO HUNDRED SIXTY SIX THOUSAND ONE HUNDRED FIFTY EIGHT ----
(S 3,266,158.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors. jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SI CH THAI`.
WHEREAS, the abo%c named Principal, as a condition of the tiling of the lural subdisision map of (Tract: Parcel) Map No. ,
RAW CUT ROUGH GRADING AT CAMINO LAS RAMBLAS AND I-5 IN SOUTH SAN JUAN CAPISTRANO
(PACIFIC POINT) entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE_ the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF', the seal and signature of said Principal is hereto allixed and the corporate seat and the name of the said
Surety is hereto aflixed and attested byits duly authorized Attorney' -in -Fact at PLACENTIA
California, this 1 STH day of — SEPTEMBER , ig 97
"PRINCIPAL" "SURETY"
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP., DEVELOPERS INSURAN� CPANY
ITS GENERAL PARTNER
TODD M. ROHM Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714)263-3300
D1113 Rev 2/91
STATE OF CALIFORNIA 40
SS.
COUNTY OF ORANGE
On 9/15/97
before me,
BEATA A.
SENSI, NOTARY PUBLIC
PERSONALLY APPEARED
TODD M.
ROHM
personally known to me
to be the person(h) whose name(K)
is/YYdCsubscribed to the within instrument and acknowl-
edged to me that he/" executed the same in his/
DC940U CiX authorized capacity(Ydtjf and that by his/KKW
ffaV& signaturef4 on the instrument the personK or the
entity upon behalf of which the personQWacted, executed
the instrument.
WITNESS my hand and official seal.
Signature / ILIAL.) / 1 5141'a„ J
OPTIONAL
W"- _ -
CJViI�J�. M993373
>xit?w"! FV9llQ • CAUFOMt
CriPMaEGWt4 ,�9
W Comm. ExP Apt. 1,�.M
This arras for Official Notarial Sml
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
TME(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
91 ATTORNEY-IN-FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSONS) OR ENTIMIES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
10-081 Rcv.6/94 ALL-PURPOSE ACKNOWLEDGEMENT
0
32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CA 92675
(949) 4931171
(949) 493-1053 PA
www, sanjuancapistrano. org
March 12, 2007
dear,
j In( OR PAR At( A
• tsuwsem 1961
1776
Developers Surety and Indemnity Company
17780 Fitch, Ste 200
Irvine, CA 92614
Re: Release of Bonds -- SJD Partners, Ltd., Tract 14196
Dear Sir or Madam:
MEMBERS OF THE CITY COUNCIL
The bonds listed below for Tract 14196 are released as of March 12. 2006.
SAM ALLEVATO
THOMAS W. HRIBAR
MARK NIELSEN
JOE SOTO
DR. LONDRES USO
BOND NO. PURPOSE AMOUNT
42371 S Erosion Controls at Camino Las Ramblas $ 67,850.00
Performance Bond
Labor and Material Bond
The City of San Juan Capistrano hereby fully and forever releases and discharges Developers
Surety and Indemnity 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,
MMC
res as noted
cc: (Letter copy only) Brad Gates, SJD Partners, Ltd., 28546 Paseo Diana San Juan
Capistrano, CA 92675; Sam Shoucair, Senior Engineer
San Juan Capistrano: Preserving the Past to Enhance the Future
�J
Printed on 100 % recycktl paper
0
"d
insico BONDNO: 4623571 4
CEinoo UF?) INITIAL PREMIUM: $679-00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP., ITS GENERAL PARTNER , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN CAPISTRANO
as Obligee, in the sum of SIXTY SEVEN THOUSAND EIGHT HUNDRED FIFTY --------------------------------
(S 67,850.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/ Parcel) Map No. ,
EROSION CONTROLS AT CAMINO LAS RAMBLAS AND I-5 IN SOUTH SAN JUAN CAPISTRANO
(PACIFIC. POTNT)_ entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at PLACENTIA
California, this 15TH day of SEPTEMBER jg 97
"PRINCIPAL" "SURETY"
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP., DEVELOPERSINSUR E OMPANY
ITS GENERAL PARTNEk
BY_�A4k t�& Am t BY: �G _
TODD M. ROHM Attorney -in -Fact
City of
of t 13 Rev. 251
17780 Fitch
Irvine, Califomia 92714
(714) 263-3300
STATE OF CALIFORNIA
SS.
COUNTY OF ORANGE
On 9/15/97 ,before me, BEATA A. SENSI, NOTARY PUBLIC .
PERSONALLY APPEARED
personally known to me
to be the person(K) whose name(it)
is/lYdCsubscribed to the within instrument and acknowl-
edged to me that he/SH*1fr executed the same in his/
D(9jNXXM authorized capacity(Yd4 and that by his/KU/
ffi)EBr signaturef4 on the instrument the personFA or the
entity upon behalf of which the person(E)Kacted, executed
the instrument.
WITNESS my hand and official seal.
Signature J� J, . 514aA-T
Lj
OPTIONAL
M. ROHM
gEATAX SENSI
(10MM. NU33739
IC • CALFCRNN�
a ..� .,. rl tttT7A5Tf t'IIBL CpUN7Y
o �s"t«%� bRMtti6 eta.�t
a My Comm. ExP M
This area for Offuial Notarial Seal
Though the data below is not required by law, it may prove valuable to persons retying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
❑ INDIVIDUAL
❑ CORPORATE OFFICER
TFT E(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
❑% ATTORNEY-IN-FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NP of PERSON(S) OR EN (IES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
01
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
9/15/97
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
I06081 Rev. 6/94 ALL-PURPOSE ACKNOWLEDGEMENT
OPOWER OF ATTORNEY OF
EMNITY COMPANY OF CALIFOhr�
AND DEVELOPERS INSURANCE COMPANY N° 2 9 3 215
P.O. BOX 19725, IRVINE, CA 92713 • (714) 263-3300
NOTICE: 1. All power and authority herein granted shall in any event terminate on the 31st day of March, 1999.
2. This Power of Attorney is void if afiered or if any portion is erased.
3. This Power of Attorney is void unless the seal is readable, the text is in brown ink, the signatures min blue ink and this notice is in red ink.
4. This Power of Attorney should not be returned to the Attorney(s)-In-Fact, but should remain a permanent part of the obliges's records.
KNOW ALL MEN BY THESE PRESENTS, that except as expressy limited, INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, do each
severally, but not jointly, hereby make, constitute and appoint
"*C. J. GRANGER, JR., ROBERT J. HANNA, TODD M. ROHM, D. J. PICARD, BEATA A. SENSI,
JOINTLY OR SEVERALLY*"
the true and lawful Attomey(s)-In-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations as sureties, bonds, undertakings and contracts of suretyship
in an amount not exceeding Two Million Five Hundred Thousand Dollars ($2,500,000) in any single undertaking; gI and granting unto said Attomey(s)-In-Fact full power and authority
to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of said corporations could do, but reserving to each of said corporations full
power of substitution and revocation; and all of the acts of said Attomey(s)-In-Fact, pursuant to these presents, are hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of INDEMNITY
COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, effective as of September 24,1986:
RESOLVED, that the Chairman of the Board, the President and any Vice President of the corporation be, and that each of them hereby is, authorized to execute Powers of
Attorney, qualifying the attomey(s) named in the Powers of Attorney to execute, on behalf of the corporation, bonds, undertakings and contracts of suretyship; and that the Secretary
or any Assistant Secretary of the corporation be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney;
RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such
Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking
or contract of suretyship to which it Is attached.
IN WITNESS WHEREOF, INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY have severally caused these presents to be signed by their respective
Presidents and attested by their respective Secretaries this 14th day of June, 1995.
INDEMNITY COMPANY OF CALIFORNIA DEVELOPERS INSURANCE COMPANY
By - oBy Qmu V
Da"a F. Vincenfi, Jr. Ok,PAN Ir D to F. Vincenti, Jr. ' QSyNSUgg4,c
President �4 PO q O Presitlent
ti r o n
OCT 5 o ATTEST w 1978
,y 1967 � $
By * By
Walter Crowell Wager mwol
Secretary Secretary
STATE OF CALIFORNIA )
) SS.
COUNTY OF ORANGE )
On June 14,1995, before me, C.V. Brink, personally appeared Dante F. Vmcenti, Jr. and Walter Crowell, persmally known to me (or proved to me on the basis of satisfactory
evidence) to be the per.on(s) whose nar e(s) is/are subscribed to the within instrument and acknowledged to me that he/sheflhey executed the same in hisAw/Meh authorized
capacity(les), and that by his/herRheir signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
NMM4MM�M�
C. V. BRINK
COMM. M1036712
Signature / -Its NOTARY PUBLIC -CALIFORNIA
ORANGE COUNTY
kN Comm. Exp. Atlg. 261990
CERTIFICATE
The undersigned, as Senor Vie President of INDEMNITY COMPANY OF CALIFORNIA, and Senior Vaca President of DEVELOPERS INSURANCE COMPANY, does hereby
certify that the foregoing and attached Power of Attorney remains in full force and has not been revoked; and furthermore, that the provisions of the resolutions of the respective
Boards of Directors of said corporations set forth in the Power of Attorney, are In face as oda date of this Certificate.
This Certificate is executed in the City of Irvine, California, this J -&h day of SP-DkM &,'- 199 .
INNDEMNITY COMPANY
F OF CALIFORNIIAA�Q�J ELOPERSSIINSU(RRAVNNCE COMPANY OD
B \ , !✓ % / ID
B // \ • \ • yL.C. Fiebigar yP L.C. FiebigerSenior Vice President Senior Vice President
4x19 • i
insc%ico RECEIVED
(HE�up
FEo 12 3 27 PM '01
CITY CLERK
February 5, 2001 DENT
CEPY OF SAN
JUAN CAPISTRANO
CITY OF SAN JUAN CAPISTRANO
32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CA 92675
RE:BondNumber: 4235715.��/��
Principal Name: SJD PARTNERS LTD
Dear Obligee:
oc'4 %
You have recently received a letter regarding the merger of Developers Insurance
Company (RICO) into Developers Surety and Indemnity Company (DSI). The merger
was effective December 29, 2000, at which time all active DICO bonds, including yours,
referenced above, were automatically transferred into the name of DSI. Please accept
this letter and the attached Merger Endorsement as an additional legal notice of the
merger.
As approved within the merger agreement, please use the attached Merger Endorsement
as the official notice for the transfer of bonded liability from DICO to DSI for all of the
listed active bonds. If this letter and endorsement are not sufficient vehicles of
notification of the merger, please contact our Service Department at 800-782-1546 to
request further information.
Thank you for your cooperation during our merger process.
Sincerely,
David H. Rhodes
Executive Vice President
Chief Underwriting Officer
Iosco Insurance Services, Inc.. CA Lic. 0403172
17780 Fitch . Suite 200 . Irvine, CA 92614 . (800) 782-1546 . (949) 263-3300 . Fax (949) 252-1955 . http,//www.InscoDico.com
Underwriting Manager for:
Developers Surety and Indemnity Company . Indemnity Company of California
0
MERGER ENDORSEMENT
0
In accordance with the merger of Developers Insurance Company with and into Developers
Surety and Indemnity Company, effective the 29th day of December, 2000, your insurance
company is now Developers Surety and Indemnity Company (the "Company"). The address of
the Company's administrative office is:
17780 Fitch, Ste. 200
Irvine, California 92614
No terms, conditions or benefits of your bond have changed. All servicing of your bond will be
done by the Company or its affiliated representatives.
Please keep this endorsement with your bond. If you have any questions, you may write the
Company at the above address.
President bf Secretary
11 CgICO
0
BOND NO: 423571 S
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP. , ITS GENERAL PARTNER. , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN CAPISTRANO
as Obligee, in the sum of SIXTY SEVEN THOUSAND EIGHT HUNDRED FIFTY ------------------------------
(g 6,850.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION 1S SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
CITY OF SAN JUAN CAPISTRANO as Obligee for the improvements in the
EROSION CONTROLS AT CAMINO LAS RAMBLAS AND I-5
subdivision designated as (Tract/Parcel) Map No. IN SOUTH SAN JUAN CAPISTRANO (PACIFIC POINT) , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond Will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at PLACENTIA
California, this 15TH day of SEPTEMBER , 1997
"PRINCIPAL" "SURETY"
5JD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP., DEVELOrINSUR CE OMPANY
ITS GEN RAL PARTN)KR:: d�
BY:
BY:
7 TODD M. ROHM Attorney -in -Fact
Date:
SI naturt 33 Wilshire Ave.
City Cier c Anaheim, CA 92801
city of San Jua Lapis acro, CA
(714)999-1471
FORM DI 112 (Rev. 10/90)
a
STATE OF CALIFORNIA AW
MW SS.
COUNTY OF ORANGE
On 9/15/97 , before me, BEATA A. SENSI, NOTARY PUBLIC .
PERSONALLY APPEARED
personally known to me
to be the person(K) whose name(if)
is/XY&subscribed to the within instrument and acknowl-
edged to me that he/DL� executed the same in his/
=40= authorized capacity(W4 and that by his/KW
ffi*k signatureN on the instrument the persona or the
entity upon behalf of which the personCX)Kacted, executed
the instrument.
WITNESS my hand and official seal.
Signature �(
TODD M. ROHM
OPTIONAL
E0 ,A II{{33739
C, :OM' 811r%• CAVppt1V
W1 Nt
OR�GE_GOUN'i�( Zp01
This area for Offuial Notarial Seal
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 forth.
CAPACITY CLAIMED BY SIGNER
❑ INDIVIDUAL
❑ CORPORATE OFFICER
TIRES)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
ATTORNEY-IN-FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSONS) OR ENi (IES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
TITLE OR TYPE OF DOCUMENT
Ol
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
1P-081 Rc' 6/99 ALL-PURPOSE ACKNOWLEDGEMENT
`u'G�fl[F�
BOND NO: 423569 S
INITIAL. PREMIUM: $27,913.00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BYIHESE PRESENTS:
'That we, SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP. , ITS GENERAL PARTNER , as Principal,
and DLVELOPERS INSURANCE. COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duhlicensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN CAPISTRANO
as Obligee, in the sum of TWO MILLION SEVEN HUNDRED NINETY ONE THOUSAND TWO HUNDRED SIXTY THREE ----
(S 2,791,26= 00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDII-ION OF THE OBLIGATION IS SUCH THAI:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/ Parcel) Map No.
REMEDIAL GRADING AT CAMINO LAS RAMBLAS AND I-5 IN SOUTH SAN JUAN CAPISTRANO
(PACIFIC POINT) entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE_ the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety. this obligation shall he void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -l -act at PLACENTIA
California, this 15TH day of
"PRINCIPAL."
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP.,
ITS GENERAL PARTN9R
BY: AW 40•^1.1t;
DI 113 Rev. 2/91
19 97
"SURETY"
DEVELOPERS INSUR NCE .OMPANY
BY:
TODD M. ROBM Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
STATE OF CALIFORNIA 4D
SS.
COUNTY OF ORANGE
On 9/15/97 ,before me, BEATA A. SENSI, NOTARY PUBLIC
PERSONALLY APPEARED
personally known to me ({UX�M74K736X�0{8�{ER
to be the person(R) whose name(K)
is/NMsubscribed to the within instrument and acknowl-
edged to me that he/%kNXf &)4 executed the same in his/
DWjNXGi authorized capacity(Y&4 and that by his/KKK
t$E& signatureM on the instrument the persons or the
entity upon behalf of which the person(KXacted, executed
the instrument.
WITNESS my hand and official seal.
Signature
OPTIONAL
ROHM
W
EATAASENSI
COMld.07133739
ARY RJBLIC - CALFORNIA
ORANGEOWNTr
00m.9*W..14, x001
This area for Official Notarial Seal
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
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
❑% ATTORNEY-IN-FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTM(IES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
TITLE OR TYPE OF DOCUMENT
01
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
)o-ost rl o, 6/94 ALL-PURPOSE ACKNOWLEDGEMENT
POWER OF ATTORNEY OF
MftNITY COMPANY OF CALIFO
AND DEVELOPERS INSURANCE COMPANY N° 293213
P.O. BOX 19725, IRVINE, CA 92713 • (714) 263-3300 -
NOTICE: 1. All power and authority herein granted shall in any event terminate on the 31st day of March, 1999.
2. This Power of Attorney is void if altered or if any portion is erased.
3. This Power of Attorney is void unless the seal is readable, the text is in brown ink, the signatures are in blue ink and this notice is in red ink.
4. This Power of Attorney should not be returned to the Attorney(s)-In-Fact, but should remain a permanent part of the obligee's records.
KNOW ALL MEN BY THESE PRESENTS, that except as expressly limited, INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, do each
severally, but not jointly, hereby make, constitute and appoint
"*C. J. GRANGER, JR., ROBERT J. HANNA, TODD M. ROHM, D. J. PICARD, BEATA A. SENSI,
JOINTLY OR SEVERALLY'
the true and lawful Attorney(s)-In-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations as sureties, bonds, undertakings and contracts of suretyship
in an amount not exceeding Two Million Five Hundred Thousand Dollars ($2,500,000) in any single undertaking; giving and granting unto said Attorney(s)-In-Fact full power and authority
to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of said corporations could do, but reserving to each of said corporations full
power of substitution and revocation; and all of the acts of said Attomey(s)-In-Fact, pursuant to these presents, are hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of INDEMNITY
COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, effective as of September 24,1986:
RESOLVED, that the Chairman of the Board, the PmIdent and any Vice President of the corporation be, and that each of them hereby is, authorized to execute Powers of
Attorney, qualifying the afforney(s) named in the Powers of Attorney to execute, on behalf of the corporation, bonds, undertakings and contracts of suretyship; and that the Secretary
or any Assistant Secretary of the corporation be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney;
RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such
Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future wtth respect to any bond, undertaking
or contract of suretyship to which it is attached. -
IN WITNESS WHEREOF, INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY have severally caused Mese presents to be signed by their respective
Presidents and attested by their respective Secretaries this 14th day of June, 1995.
INDEMNITY COMPANY OF CALIFORNIA DEVELOPERS INSURANCE COMPANY
QJ&By V By
DaVe F. Vincenti, Jr. ON,PAN YO.� Its F. Vincenti, Jr. ' �1NSUggN
President 4 P Rq� p Presitlent Q4Q P q cF
i OCT 5 �9+r
ATTEST �— MAR. 27 O
`/ 1967 > 1979 y
C///r1l.I �i (fF C///^1\./C y0 q IF
P F�
By * By
WatterCrowell Wafter rowel)
Secretary Secretary
STATE OF CALIFORNIA )
) SS.
COUNTY OF ORANGE )
On June 14, 1995, before me, C.V. Brink, personally appeared Dante F Vincemi, Jr. and Walter Crowell, personally known to me (or proved to me on the basis of satisfactory
evidence) to be the person(s) whose name(s) islam subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacily(ies), and that by his/hentheir signature(s) on the instrument the person(s), or the entity upon behalf of which the pemon(s) acted, executed the instrument.
WITNESS my hand and official seal.
�~ �N�NM��11�M�1NMw��
C. V. BRINK
g COMM. #1036712
Signature U EGD NOTARY PUBLIC -CALIFORNIA
ORANGE COUNTY
w * Corn. Exp. Aug. 21,1998
CERTIFICATE ��eNNw
The undemigned, as Senior Vice President of INDEMNITY COMPANY OF CALIFORNIA, and Senior Vice President of DEVELOPERS INSURANCE COMPANY, does hereby
certify that the foregoing and attached Power of Attorney remains in full force and has not been revoked; and furthermore, that the provisions of the resolutions of the respective
Boards of Directors of said corporations set forth in the Power of Attorney, are in force as of the date of this Certificate.
This Certificate is executed in the City of Irvine, California, this J✓(/ -1_ day of Se&
f 1 199—.
INDEMNITY COMPANY OF CALIFORNIA DEVELOPERS INSURANCE COMPANY
BY\ B // \ • \ _ C��.�� Q MAR. 27�c O
i L.C. Fiebiger o 1967 p 2-y By L.C. Fiebiger ?y 1979
Senior Vice President Z IF Nx r Senior Vice President�-
ID-310 REV. (2/96)
4rm(m 0
lnscqbIC0
C,0E�OMp
February 5, 2001
CITY OF SAN JUAN CAPISTRANO
32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CA 92675
RE: Bond Number: 423569S
Principal Name: SJD PARTNERS LTD
Dear Obligee:
E
RECEIVED
FED I Z 3 28 PM '01
CITY CLERK
DEFAFTM%NT
CITY OF ;;AN
JUAN CA,,,, FANJ
You have recently received a letter regarding the merger of Developers Insurance
Company (DICO) into Developers Surety and Indemnity Company (DSI). The merger
was effective December 29, 2000, at which time all active DICO bonds, including yours,
referenced above, were automatically transferred into the name of DSI. Please accept
this letter and the attached Merger Endorsement as an additional legal notice of the
merger.
As approved within the merger agreement, please use the attached Merger Endorsement
as the official notice for the transfer of bonded liability from DICO to DSI for all of the
listed active bonds. If this letter and endorsement are not sufficient vehicles of
notification of the merger, please contact our Service Department at 800-782-1546 to
request further information.
Thank you for your cooperation during our merger process.
Sincerely,
David H. Rhodes
Executive Vice President
Chief Underwriting Officer
Insco Insurance Services, Inc. • CA Lie. 0403172
17780 Fitch • Suite 200 • Irvine, CA 92614 • (800) 782-1546 • (949) 263-3300 • Fax (949) 252-1955 • htto://www.InscoDico.com
Underwriting Manager for:
Developers Surety and Indemnity Company • Indemnity Company of California
0
MERGER ENDORSEMENT
0
In accordance with the merger of Developers Insurance Company with and into Developers
Surety and Indemnity Company, effective the 24th day of December, 2000, your insurance
company is now Developers Surety and Indemnity Company (the "Company"). The address of
the Company's administrative office is:
17780 Fitch, Ste. 200
Irvine, California 92614
No terms, conditions or benefits of your bond have changed. All servicing of your bond will be
done by the Company or its affiliated representatives.
Please keep this endorsement with your bond. If you have any questions, you may write the
Company at the above address.
President Secretary
ins
cwico M
BOND NO: 423569 S
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY T HESE; PRESENTS:
That we, SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP. , ITS GENERAL PARTNER as Principal.
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and dulv licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN
as Obligec, in the sum of TWO MILLION SEVEN HUNDRED NINETY ONE THOUSAND TWO HUNDRED SIXTY THREE ----
(S 2,791,263.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
"THE CON DTF[ON OF'I HF OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements- which are made a part of this bond, with the
CITY OF SAN JUAN CAPISTRANO as Obligee for the improvements in the
REMEDIAL GRADING AT CAMINO LAS RAMBLAS AND I-5
subdivision designated as (Tract; Parcel) Map No. IN SOUTH SAN JUAN CAPISTRANO (PACIFIC POINT) , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvcmcrn security. and shall inme to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surcty.
IN W11 N1 SS WHFRFOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surcty is hereto affixed and attested by its duly authorized Attorney -in -Fact at PLACENTIA
Celil of rna, this 15TH day of — SEPTEMBER I9 97
"PRINC'IPAl "SURETY"
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP.. DEVELOPFRS[NSU AN COMPANY
ITS GENE L PA jIER R
TODD M. ROHM Attorney -in -Fact
333 Wilshire Ave.
Anaheim, CA 92801
(714) 999-1471
FORM n1112(Rev 10190)
STATE OF CALIFORNI_A� M
SS.
COUNTY OF ORANGE
On 9/15/97 before me, BEATA A. SENSI, NOTARY PUBLIC
PERSONALLY APPEARED
personally known to me �h
fil;&idfi>3ifd�CRR1fSf�+� to be the person(R) whose name(];)
is/NMsubscribed to the within instrument and acknowl-
edged to me that hem executed the same in his/
D(93ZOM authorized capacity(X4 and that by his/iCtlif(/
113M signature" on the instrument the persont, or the
entity upon behalf of which the person(ITacted, executed
the instrument.
WITNESS my hand and official seal.
Signature / 1 �• I J'L
OPTIONAL
M.
V('0MM81138 X0 1
d.rifaSYOUjU .CA
OR;'!IGCCOUN'y
My cc mm. E p. Mrd
This arra for Official Notarial Seal
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
nn.E(S(
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
ATTORNEY-IN-FACT
TRUSTEE(S)
GUARDIAN/CONSERVATOR
OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTIV(IES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
01
TITLE OR TYPE OF DOCUMENT
15
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
ID -081 Re .6/9i ALL-PURPOSE ACKNOWLEDGEMENT
4G;]C�
lnscc SCO BOND NO: 423570 S
INITIAL PREMIUM: 2,217.00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL, MEN BY THESE PRESENTS:
That we, _SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP., ITS GENERAL PARTNER , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN CAPISTRANO
as Obligce, in the sum of TWO HUNDRED TWENTY ONE THOUSAND SEVEN HUNDRED THIRTY FIVE ---------------
(S 221 735.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF I HE OBLIGATION IS SUCH I HAI:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tracts Parcel) Map No.
SLOPE DRAINAGE AT CAMINO LAS RAMBLAS AND I-5 IN SOUTH SAN JUAN CAPISTRANO
(PACIFIC POINT) entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE. the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorised Attorney -in -Fact at PLACENTIA
California, this 15TH day of SEPTEMBER 19 97
"PRINCIPAL"
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP.,
ITS GENE ARTN
BY: �O
DI 113 Rev 2/91
"SURETY"
DEVELOPF�[2S INS/U� NCE .OMPANY
TODD M. ROHM Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714)263-3300
STATE OF CALIFORNIA
SS.
COUNTY OF ORANGE
On 9/15/97 before me, BEATA A. SENSI, NOTARY PUBLIC .
PERSONALLY APPEARED TODD M. ROHM
personally known to me (✓U[)v4I&U
�aE} Yri M x>slfptf�Si Mt to be the person(R) whose name(g)
is/NMsubscribed to the within instrument and acknowl-
edged to me that he/ (ff1LT executed the same in his/
D(doMM authorized capacity(Y&X and that by his/KKK
9*k signaturef4 on the instrument the persona or the
entity upon behalf of which the person(KKacted, executed
the instrument.
WITNESS my hand and official seal.
SignaturelC
OPTIONAL
Q
SEATENSI
fiiOMe\d. Mt5337NOTFl:Y PUi3LIC • CALIORAiJOE COUNT
ah Comm. ExD• APT. 14, 2001
This area for Official Notarial Seal
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
TnLE(5(
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
ATTORNEYAN-FACT
TRUSTEE(S)
GUARDIANICONSER VATOR
OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTIT (IES)
DEVELOPERS INSURANCE COMPANY
DESCRIPTION OF ATTACHED DOCUMENT
BOND
TITLE OR TYPE OF DOCUMENT
01
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
Io-ost R". 6/94 ALL-PURPOSE ACKNOWLEDGEMENT
POWER OF ATTORNEY OF
MNITY COMPANY OF CALIFO
AND DEVELOPERS INSURANCE COMPANY N° 2 9 3 214
P.O. BOX 19725, IRVINE, CA 92713 • (714) 263-3300
NOTICE: 1. All power and authority herein granted shall in any event terminate on the 31st day of March, 1999.
2. This Power of Attorney is void if altered or if any portion is erased.
3. This Power of Attorney is void unless the seal is readable, the text is in brown ink, the signatures are in blue ink and this notice is in red ink.
4. This Power of Attorney should not be returned to the Attorney(s)-In-Fact, but should remain a permanent part of the obligee's records.
KNOW ALL MEN BY THESE PRESENTS, that except as expressly limited, INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, do each
severally, but not jointly, hereby make, constitute and appoint
"'C. J. GRANGER, JR., ROBERT J. HANNA, TODD M. ROHM, D. J. PICARD, BEATA A. SENSI,
JOINTLY OR SEVERALLY'
the true and lawful Attomey(s)-In-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations as sureties, bonds, undertakings and contracts of suretyship
in an amount not exceeding Two Million Five Hundred Thousand Dollars ($2,500,000) in any single undertaking; giving and granting unto saki Attorney(s)-In-Fact full power and authority
to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of said corporations could do, but reserving to each of said corporations full
power of substitution and revocation; and all of the acts of said Attomey(s)-In-Fact, pursuant to these presents, are hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of INDEMNITY
COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY, effective as of September 24,1986:
RESOLVED, that the Chairman of the Board, the President and any Vice President of the corporation be, and that each of them hereby is, authorized to execute Powers of
Attorney, qualifying the attorney(s) named in the Powers of Attorney to execute, on behalf of the corporation, bonds, undertakings and contracts of suretyship; and that the Secretary
or any Assistant Secretary of the corporation be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney;
RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such
Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking
or contract of suretyship to which it is attached.
IN WITNESS WHEREOF INDEMNITY COMPANY OF CALIFORNIA and DEVELOPERS INSURANCE COMPANY have severally caused these presents to be signed by their respective
Presidents and attested by their respective Secretaries this 14th day of June, 1995.
INDEMNITY COMPANY OF CALIFORNIA DEVELOPERS INSURANCE COMPANY
By Quw
By D e F. Vincent. Jr. OV,?ANY Via
O� F. Vincent, Jr. g\NSURg4,
President �4 PO Oro Presitlent 4rQ0 cF
9 Q
i =
TS ATTEST — MAR. 27 ;
1979
ey* By
Walter Crowell Wafter rowel)
Secretary Secretary
STATE OF CALIFORNIA )
) SS.
COUNTY OF ORANGE )
On June 14, 1995, before me, C.V. Brink, personally appeared Dante F. Vincenti, Jr. and Walter Crowell, personally known to me (or proved to me on the basis of satisfactory
evidence) to be the person(s) whose name(s) is/am subscribed to the within instrument and acknowledged to me that ba/she/they executed the same in his/herRheir 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.
WITNESS my hand and official seal.
C. V. BRINK
g COMM. #1036712
Sinature NOTARY PUBLIC • CALIFORNIA
ORANGE COUNTY
LNCgmm.Exp.Aup.21, 1gW
CERTIFICATE
The undersigned, as Senior Vice President of INDEMNITY COMPANY OF CALIFORNIA, and Senior Vice President of DEVELOPERS INSURANCE COMPANY, does hereby
certify that the foregoing and attached Power of Attorney remains in full force and has not been revoked: and furthermore, that the provisions of the resolutions of the respective
Boards of Directors of mid corporations set forth in the Power of Attorney, tare in force as of the date of this Certificate.
I
This Certificate is executed in the City of Irvine, California, this �tl day of l—, 199_2_.
INDEMNITY COMPANY OF CALIFORNIA pANY DEVELOPERS INSURANCE COMPANY
By
By
2 = OCT. 5 a�rj'm Y+ MAR. 27 O
L.C. Fiebiger O 1%7 P 2 L.C. Fiebiger
Senior Vice President y, (/F F� .� Senior Vice President O /F
ID -310 REV. (2/96)
VX19 0
InscribICO
(95��Mp
February 5, 2001
CITY OF SAN JUAN CAPISTRANO
32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CA 92675
RE: Bond Number: 4235705 4 0,� t, q 3
Principal Name: SJD PARTNERS LTD
Dear Obligee:
0
RECEIVED
FEB 12 3 2e PM '01
(-,;TY C ERK
UfF `,i7 iHEN7
CITf OF SAN
JUAtI CAP'IstRANi1
i iy/ 94
SLope Dretir'^?&
You have recently received a letter regarding the merger of Developers Insurance
Company (DICO) into Developers Surety and Indemnity Company (DSI). The merger
was effective December 29, 2000, at which time all active DICO bonds, including yours,
referenced above, were automatically transferred into the name of DSI. Please accept
this letter and the attached Merger Endorsement as an additional legal notice of the
merger.
As approved within the merger agreement, please use the attached Merger Endorsement
as the official notice for the transfer of bonded liability from DICO to DSI for all of the
listed active bonds. If this letter and endorsement are not sufficient vehicles of
notification of the merger, please contact our Service Department at 800-782-1546 to
request further information.
Thank you for your cooperation during our merger process.
Sincerely,
David H. Rhodes
Executive Vice President
Chief Underwriting Officer
Inco Insurance Services, Inc. • CA Lic. 0403172
17780 Fitch • Suite 200 • Irvine, CA 92614 • (800) 782-1546 • (949) 263-3300 • Fax (949) 252-1955 • httn://www.InscoDico.com
Underwriting Manager for:
Developers Surety and Indemnity Company • Indemnity Company of California
0
MERGER ENDORSEMENT
0
In accordance with the merger of Developers Insurance Company with and into Developers
Surety and Indemnity Company, effective the 29th day of December, 2000, your insurance
company is now Developers Surety and Indemnity Company (the "Company"). The address of
the Company's administrative office is:
17780 Fitch, Ste. 200
Irvine, California 92614
No terms, conditions or benefits of your bond have changed. All servicing of your bond will be
done by the Company or its affiliated representatives.
Please keep this endorsement with your bond. If you have any questions, you may write the
Company at the above address.
President Secretary
11" s
--CICO
�...�I�t ill,-;] t)il_JU�)
M
BOND NO: 42
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALI, MEN BY THESE PRESENTS:
That we SJD PARTNERS, LTD. BY: SJD DEVELOPMENT CORP., ITS GENERAL PARTNER , as Principal.
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF SAN JUAN CAPISTRANO
as Obligee, in the sum of TWO HUNDRED TWENTY ONE THOUSAND SEVEN HUNDRED THIRTY FIVE ----------------
(5 221,735.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the abosc named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
CITY OF SAN JUAN CAPISTRANO as Obligee for the improvements in the
SLOPE DRAINAGE AT CAMINO LAS RAMBLAS AND I-5
subdivision designated its (Tract.Parcel) Map No. IN SOUTH SAN JUAN CAPISTRANO (PACIFIC POINT) , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such. that if the above Principal fails to make payment to any contractor. his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and Including Section 66499.10 of the Government Code of
California as improremem security. and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surcts.
IN W'I"I NESS WHFREOF. the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at PLACENTIA
California, this 15TH day of SEPTEMBER I9 97
"PRINCIPAL" "SURETY"
SJD PARTNERS, LTD.
BY: SJD DEVELOPMENT CORP., DEVELOPERSINSUR E C MPANY
ITS GENERAL PARTTNNEEER�
BY:—/�LJJ�AAn'.%P BY:
TODD M. ROHM Attorney -in -Fact
333 Wilshire Ave.
Anaheim, CA 92801
(714)999-1471
FORM nl 112 (Rev 10/90)
STATE OF CALIFORNIA#
SS.
COUNTY OF ORANGE
On 9/15/97 ,before me, BEATA A. SENSI, NOTARY PUBLIC
PERSONALLY APPEARED
personally known to me
to be the person(ll) whose name(I,)
is/XKKsubscribed to the within instrument and acknowl-
edged to me that hebMKjlH** executed the same in his/
DoWtAM authorized capacity(W4 and that by his/KKW
B>ks& signatures on the instrument the persona or the
entity upon behalf of which the personQ[racted, executed
the instrument.
WITNESS my hand and official seal.
Signature / 1 ✓�/YI/.1�J
OPTIONAL
M. ROHM
eATA
e Ot+tUW'. a%.f0Wy
W PtlBt'1G�OUSV
-. .N4.0
This armfor Oficial Notarial SwI
Though the data below is not required by law, K may prove valuable to persons relying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
❑ INDIVIDUAL
❑ CORPORATE OFFICER
TM-E(s)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
M ATTORNEY-IN-FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR EWI Y(IES)
DEVELOPERS INSURANCE COMPANY
ID -081 Rev. 6/94
DESCRIPTION OF ATTACHED DOCUMENT
BOND
TITLE OR TYPE OF DOCUMENT
01
9/1
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
ALL-PURPOSE ACKNOWLEDGEMENT
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Developers Surety and Indemnity Company
pmemberor17M Ni 111
A. M.Besre ll]at XNC a: 13]1e FEIN e: e201$9710
Address: 17780 Fitch, Suite 200 Phone: 949-263-3300
Irvine, CA 92614 Fax: 949-252-1959
Web:. nacomoo_com
Best's Ratings
Financial Strength Ratings View Definitions;
Rating: A. (Excellent)
Affiliation Code: g (Group)
Financial Size Category: VII ($50 million to $100 million)
outlook: stable
ActionAffirmed
Effective Dste: June 16, 2006
* Denotes Under Review Best's -Ratings
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0
E
MEMORANDUM Mach 12, 2007
TO: Maria Morris, Deputy City Clerk
FROM: Sam Shoucair, Senior Engineer 7
SUBJECT: Tract 14196, SunCal, Bond release
Please release the original SJD Partners bond No. 423571S for $67,850 associated with
the development of the subject project, as the erosion control work at that particular
location along Las Ramblas was completed some time ago.
Attachment: SunCal's letter requesting release of their bond (posted by SJD Partners).
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