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CITY OF SANTA ANA Bond No. S001-7378 <br />BONDS <br />PROJECT NO.: 19-2703 <br />JEROME CENTER LANDSCAPE DRAINAGE <br />PAYMENTBOND <br />KNOW ALL MEN BY THESE PRESENTS that Aramexx Group Inc. dba Aramexx Construction <br />as CONTRACTOR, and Allied World 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 Eighty Three Thousand One Hundred Fifty <br />Five and 00/100 Dollars <br />($ 83,155.00 ), 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 />February 5, 2019 for Project No. 19-2703 - Jerome Center Landscape Drainage <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. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />21 ay 9,f Febrnery 20 19 <br />Inc. dba Aramexx Construction, 532 W. First Street, Suite 202, Claremont, CA 91711, (909)746-8066 <br />A IN SgnevR —IXE.Sl DFw1� <br />Allied Wor/d,lnsurance Compeny, 199 Water Street, New York, NY 10038, (646)794-0500 <br />Vanessa Copelknd, Attorney -In -Fact, 151 Kalmus Dr., Ste A201, Costa Mesa, CA 92626, (714)646-5100 <br />Subscribed and sworn to before me, See Attached this <br />--, 20. <br />Signature: <br />Notary Public in and for the County of <br />State of <br />Rate of premium on this bond is $ Listed on Performance Bond <br />Total amount of premium charge is $ Listed on Performance Bond <br />day of <br />per thousand. <br />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 />2 of 3 <br />