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THE FINAL PREMIUM IS This bond was issued in two (2) PREDICATED ON THE CITY OF SANTA ANA original counterparts FINAL CONTRACT AMOUNT BONDS Bond No.7661122 PROJECT NO.: 18-7530 THORNTON PARK PARKING LOT IMPROVEMENTS (REBID) PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that Hardy & Harper, Inc. as CONTRACTOR, and Fidelity and Deposit Company of Maryland a corporation, organized and existing under the laws of the State; and duly authorized to transact business under the laws of the State of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of Two Hundred Thirty -Two Thousand Six Hundred and 00/100 Dollars ($232,600.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. .of Illinois THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated June 18th, 2019 for Project No. 18-7530, Thornton Park Parking Lot Improvements (Rebid) if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 18th day of July , 2019 32 Rancho Circle, Lake Forest CA 9; 777 South Figueroa Street, Suite 3900 SURETY* Fidelity and Deposit Company of Maryland Los Angeles CA 90017 (213) 270-0600 Dwight Reilly, Attorney -in -Fact 1411 N. Batavia Sr, Bulte 201, orange, CA 92561, (714) 516-1232 Subscribed and sworn to before me, ,20_ Signature: Notary Public in and for the County of , State of this day of Rate of premium on this bond is $ Incl. in Perf. Bond per thousand. Total amount of premium charge is $ Incl. in Perf. Bond . To be filled in by Surety *Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number ofauthorized representative. 2 of 3