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CITY OF SANTA ANA <br />PROPOSAL <br />PROJECT NO.: 18-2692 <br />NEW PARK AT 6'H AND LACY STREET <br />u:m <br />KNOW ALL PRESENT that, <br />D D Systems Inc DBA Ace CD Inc , as BIDDER, and <br />Developers Surety and Indemnity Company , as SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of <br />Ten Percent of Total Amount Bid Dollars ($ 10% of Bid ), which is ten percent (10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sum, BIDDER and SURETY agree to be bound, jointly and severally, firmly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to <br />submit a bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time <br />specified, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />11th day of January 2019, <br />BIDDER* <br />D D Systems Inc DBA Ace CD Inc 1199 Englewild Drive, Glendora, CA 91741 (626) 523-1141 <br />SURETY* <br />Developers Surety and Indemnity Company 500 South Kraemer Blvd., Suite 300, Brea, CA 92821 <br />Vu Ho (714) 784-5660 <br />Rebecca Haas -Bates, Attorney -in -Fact <br />Subscribed and sworn to before me *'See Attached" this day of <br />20 <br />Signature— <br />Notary Public in and for the County of State of <br />Provide BIDDER/ SURETY name, address, and telephone number and the name, title, <br />address, and telephone number of authorized representative. <br />P-9 of P-18 <br />