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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 18-6916/18-6917 <br />FAITHFUL PERFORMANCE BOND <br />Bond No. 7656858 <br />Premium: $2,249.00 <br />Premium is for contract term and is subject <br />to adjustment based on final contract price <br />Executed in: 3 Counterparts <br />KNOW ALL MEN BY THESE PRESENTS that All American Asphalt ' <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Five Hundred Sixty Nine Thousand Threi~7 <br />Hundred Sixty Six and 00/100 Dollars <br />($ 569,366.00 ), 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. *of Maryland <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 />May 15, 2018 for Project Nos. 18-6916 & 18-6917 - Flower Street and MacArthur Boulevard** <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. **Slurry Projects <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />17th day of May '2018 <br />CONTRACTOR* All American Asphalt - 400 East Sixth Street, Corona, CA 92879 - Phone (951)736-7600 <br />SURETY* Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 <br />David Wei (213)270-0600 <br />Rebecca Haas -Bates, Attorney -in -Fact <br />Subscribed and sworn to before me, "Please See Attached** this ____day of <br />_ 20 <br />Signature:' <br />F-6lt,.G0il Dal)Q va -0 l eW <br />Notary Public in and for the County of State of <br />Rate of premium on this bond is $ 3.95 per thousand. <br />Total amount of premium charge is $ 2,249.00 To be.rlled 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 />I of 3 <br />