ARNAZ ENGINEERING CONTRACTORS, INC. (3)

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CITY OF SANTA ANA BONDS PROJECT NO.: 17-6613 P(liiiltA�Cq Bond No.CA0715830 KNOW ALL MEN BY THESE PRESENTS that ARNA7 Engineering Contractors, Ino. as CONTRACTOR, and Merchants Bonding Company (Mutual) a corporation, organized and existing tinder the laws of the State,*and duly authorized to transact business under the lacus of the State of California, as SURETY„ are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of Four Hundred Thirty One Thousand Two Hundred Fifty & 001100— ---------------- Dollars (5,431.250.00 ), which is 140 percent of the total contract amount for the above stated project, for the payment of which surn, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. * of Lowe THE CONTDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated March 21, 2017 for Emergency Construction , if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts dile under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the'same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file ,Maims under the State Code of Civil procedures; provided that any alterations in the work to be done, materials to be furnished, or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names; titles, hands, and seal this 13th day of February 2018 Engineering Contractors, Inc., 1935 Armando Street, Ste. X, Anaheim, CA 92806 Bonding Subscribed and sworn to before me, 24 Signature. See Attached (Mutual), P.O. Box 14498, Des Moines, IA 50306 Notary Public in and for the County of State of this day of Rate of premium on this bond is $ 10.00 for the first S500m per thousand. Total amount of premium charge is $ 4,313.00 To ire filled in By Surety *-Provide C0KTREICT0.R f ADIVITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2 of 3