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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 18-6916 /18-6917 <br />PAYMENT BOND <br />Bond No.: 7656858 <br />Premium is included in the performance bond <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 Three <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 or any subcontractor fails to pay for any labor or material of any kind used in <br />the performance of the Work of Improvement to be done under said Contract Agreement, or fails <br />to submit amounts due under the State Unemployment Insurance Act with respect to said labor, <br />SURETY will pay for the same in an amount not exceeding the sum set forth above, which <br />amount shall insure to the benefit of all persons entitled to file claims under the State Code of <br />Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, <br />or time for completion made pursuant to the terms of the contract documents shall not in any <br />way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived <br />by SURETY. *"Slurry Projects <br />1N WITNESS WHEREOF the parties hereto have set their naives, titles, hands, and seal this <br />17th day of <br />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 />AZ _Q f&nr. 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 a <br />Sig nahtre: <br />-�dl . GafrVsont oe rosi on <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 $ Included in performance bond . To be filled in by Surety <br />*.Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />2of3 <br />