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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 15-6447 <br />Bond No. 30035151/190039245 <br />]FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that Michels Pipeline Construction, a Division of Michels Cqrporation <br />as CONTRACTOR, and Continental Casualty Company and Liberty Mutual Insurance Company , <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of <br />Two Million Three Hundred Eighty Eight Thousand Seventy Six Dollars and 00/100 Dollars <br />($ 2,388,076.00 ), which is 100 percent of the total contract amount for the above stated <br />project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly <br />and severally, firmly by these presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated <br />March 6, 2018 for Project 15-6447, West Grove Valley Neighborhood Water Main Improveiyents <br />if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work <br />of Improvement to be done under said Contract Agreement in the manner and time specified <br />therein, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY; provided that any alterations in the obligations or time for <br />completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice of such alterations is hereby waived by <br />SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />14th day of March —'20 18 . <br />CONTRACTOR* <br />817 W. Main S <br />SURETY* Continental Casualty Company and Liberty Mutual InsurConlan 33 <br />, 3 go. *abash A <br />Chicano, IL 60604 and 175 Berkeley Street, Boston, MA 02116 B ance x9rx-l.l a at <br />Subscribed and sworn to before me, Jill N Swanson this 14th day of <br />March 20 18 <br />a JILL N. SGVANSON <br />O.���„�,q"NOTARY PUBLIC -MINNESOTA <br />Signature: O1,Cf CJ/ �,".My Commission Expires <br />January 31, 2020 <br />Notary Pub ' in and for the County of Hennepintate of i u ota `� <br />Rate of premium on this bond is $ 4.00 per thousand. <br />Total amount of premium charge is $ 9,552.00 . To be filled in by Surety <br />*Provide CONTRACTOR/ ADMITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />* 1600 Utica Ave. S.. Suite 600 <br />Minneapolis, MN 55416 <br />Ph: 763 302.7100 <br />1 of 3 <br />