ALL AMERICAN ASPHALT (19) - Laserfiche WebLink

Home Browse Search

Bond No.: 7661002 CITY OF SANTA ANA Premium is included in the performance bond Executed in: 2 Counterparts BONDS PROJECT NO.: 19-6942 PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that All American Asphalt 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 One Million Seven Hundred Sixteen Thousand Six Hundred Forty Nine and 00/100 Dollars ($1,716,649.00 ), 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 July 2, 2019 for Project.: 19-6942 - Local Street Preventative Maintenance FY 2018-19 Project 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 Sth day of July , 2019 . All American Asphalt - 400 East Sixth Street, Corona, CA 92879 - Phone (951)736-7600 SURETY* Fidelity and Deposit Company of Maryland - 777 S. Figueroa e ki O-Z P% a t c&n)O i-e Rebecca Haas -Bales, Attorney -in -Fact Subscribed and sworn to before me, *`Please See Attached** 20_ Signature: Notary Public in and for the County of State of Suite 3900, Los Angeles, CA 90017 this day of Rate of premium on this bond is $ 3.95 per thousand. Total amount of premium charge is $ Included in performance bond . To be filled in by Surety *Provide CONTRACTOR / ADMITTED SEPETY name, address, and telephone number and the name, title, address, and telephone number of'authorized representative. 2 of 3