23-0914_PACIFIC POINT DEVELOPMENT PARTNERS, LLC_Bond No. SUR21000003 - Bond Reduction RiderSurety Bond Rider
To be attached to and form a part of Bond No. LICX1165649
Bond Amount: $54,181.00
Executed by: Pacific Point Development Partners, LLC as
Principal
and by: Lexon Insurance Company as Surety
in favor of. City of San Juan Capistrano as Obligee
in consideration of the mutual agreements herein contained, the Principal and Surety
hereby consent to changing:
Bond Amount From: $54,181.00 To: $13,545.25
Nothing herein contained shall vary, alter or extend any provision or condition of this
bond except as herein expressly stated.
Signed and Sealed: September 14, 2023
Pacific Point Development Partners, LLC
Principal
By:
Lexon Insurance Company
Surety
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ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.
State of California
County of Orange
On September 22, 2023
personally appeared Sean Doyle
before me, Charnette Neal, Notary Public
(insert name and title of the officer)
who 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.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal. g�°F rqf s CHARNETTE NEAL
C`+ COMM. # 2416701
NOTARY PUBLIC•CALIFORNIA N
�. r ORANGE COUNTY N
°� +"" MY COMM. EXP. SEPT18.2026
Signature Lla==e aj (Seal)
SOMPO INTERNATIONAL POWER OF ATTORNEY
KNOW ALL BY THESE PRESENTS, that Endurance Assurance Corporation, a Delaware corporation ("EAC"), Endurance American Insurance Company, a Delaware
corporation ("EAIC"), Lexon Insurance Company, a Texas corporation ("LIC"), and/or Bond Safeguard Insurance Company, a South Dakota corporation ("BSIC"), each,
a "Company" and collectively, "Sompo International," do hereby constitute and appoint: Stephen T. Kazmer
as true and lawful Attorney(syln-Fact to make, execute, seal, and deliver for, and on its behalf as surety or co -surety; bonds and undertakings given for any and all
purposes, also to execute and deliver on its behalf as aforesaid renewals, extensions, agreements, waivers, consents or stipulations relating to such bonds or undertakings
provided, however, that no single bond or undertaking so made, executed and delivered shall obligate the Company for any portion of the penal sum thereof in excess of
the sum of One Hundred Million Dollars (5100,000,000.00).
Bond No.: LICX1165649
Principal: Pacific Point Development Partners, LLC
Obligee: City of San Juan Capistrano
Such bonds and undertakings for said purposes, when duly executed by said attomey(s)-in-fad, shall be binding upon the Company as fully and to the same extent as if
signed by the President of the Company under its corporate seal attested by its Corporate Secretary.
This appointment is made under and by authority of certain resolutions adopted by the board of directors of each Company by unanimous written consent effective the 301h
day of March, 2023 for BSIC and LIC and the 17th day of May, 2023 for EAC and ERIC, a copy of which appears below under the heading entitled "Certificate".
This Power of Attomey is signed and sealed by facsimile under and by authority of the following resolution adopted by the board of directors of each Company by
unanimous written consent effective the 30th day of March, 2023 for BSIC and LIC and the 17" day of May, 2023 for EAC and EAIC and said resolution has not since
been revoked, amended or repealed:
RESOLVED, that the signature of an individual named above and the seal of the Company may be affixed to any such power of attorney or any certificate relating thereto
by facsimile, and any such power of attorney or certificate bearing such facsimile signature or seal shall be valid and binding upon the Company in the future with respect
to any bond or undertaking to which it is attached.
IN WITNESS WHEREOF, each Company has caused this instrument to be signed by the following officers, and its corporate seal to be affixed this 25th day of
May, 2023.
En canoe Assurance
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On this 25th day of May, 2023, before me, personally came the above signatories Itnown to me, who being duty swum, did depose and say that 1,10 4bos vlycor of oath
of the Companies; and that he executed said instrument on behan or each Company by authority of lus ]cthc under 1h by of each ComparIy 4 `-
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Amy aylor Not ublie My Comm isskn Expires 3'9r27a
CERTIFICATE %.;;'- t.is, «rr;.+
I, the undersigned Officer of each Company, DO HEREBY CERTIFY that:
1. That the original power of attorney of which the foregoing is a copy was duly executed on behalf of each Company and has not since been revoked amended or modified;
that the undersigned has compared the foregoing copy thereof with the original power of attorney, and that the same is a true and correct copy of the original power of
attorney and of the whole thereof;
2. The following are resolutions which were adopted by the board of directors of each Company by unanimous written consent effective 300, day of March, 2023 for BSIC
and LIC and the 171h day of May, 2023 for EAC and EAIC and said resolutions have not since been revoked, amended or modified:
"RESOLVED, that each of the individuals named below is authorized to make, execute, seal and deliver for and on behalf of the Company any and all bonds,
undertakings or obligations in surety or co -surety with others: RICHARD M. APPEL. MATTHEW E. CURRAN, MARGARET HYLAND, SHARON L. SIMS,
CHRISTOPHER L SPARRO,
and be it further
RESOLVED, that each of the individuals named above is authorized to appoint attomeys-in-fact for the purpose of making, executing, sealing and delivering bonds,
undertakings or obligations in surety or co -surety for and on behalf of the Company."
3. The undersigned further certifies that the above resolutions are true and correct copies of the resolutions as so recorded and of the whole thereof.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate seal this 21st day of September 2023
By:
Dante S. rie, relary
NOTICE: U. S. TREASURY DEPARTMENT'S OFFICE OF FOREIGN ASSETS CONTROL 0FAC
No coverage is provided by this Notice nor can it be construed to replace any provisions or any surety bond or other surety coverage provided. This Notice provides information concerning
possible Impact on your surety coverage due to directives issued by OFAC_ Please read this Notice carefully.
The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of "national emergency. OFAC has Identified and listed
numerous foreign agents, front organizations, terrorists, terrorist organizations, and narcotics traffickers as "Specially Designated Nationals and Blocked Persons-. This list can be located
on the United Slates Treasury's websile — httPsfwrww treasu ovir DN -List.
In accordance with OFAC regulations, If It is determined that you or any other person or entity claiming the benefits of any coverage has violated U.S. sanctions law or Is a Specially
Designated National and Blocked Person, as identified by OFAC, any coverage will be considered a blocked or frozen contract and all provisions of any coverage provided are Immediately
subject to OFAC. When a surety bond or other form of surety coverage Is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without
authorization from OFAC. Other limitations on the premiums and payments may also apply
Any reproductions are void.
Surety Claims Submission: LexanClaimAdministration(Bsomi2o-intl.com
Telephone: 613-553-9500 Mailing Address: Sompo International; 12890 Lebanon Road; Mount Juliet, TN 37122-2870
STATE OF ILLINOIS }
COUNTY OF DU PAGE}
On September 21, 2023, before me, Diane M. Rubright, a Notary Public in and for said County
and State, duly commissioned and sworn, personally appeared, James I. Moore, known to me to
be Attorney -in -Fact of Lexon Insurance Company, the corporation described in and that
executed the within and foregoing instrument, and known to me to be the person who executed
the said instrument on behalf of the said corporation, and he duly acknowledged to me that such
corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and
year stated in this certificate above.
My Commission Expires March 23, 2027
- /'C.'
Diane M. Rubright, Notary Public
Commission No. 817036
OFFICIAL SEAL
DIANE M RUBRIGHT
NOTARY PUBLIC, STATE OF ILLINOIS
My Commission Expires 3/23/27