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CITY OF SANTA ANA Bond No. CAC717602
<br />BONDS
<br />PROJECT NO.: 17-2675
<br />CIVIC CENTER STORMWATER LIFT STATION RENOVATION
<br />PAYMENT BOND
<br />KNOW ALL MEN BY THESE PRESENTS that ARNAZ Engineering Contractors, Inc.
<br />as CONTRACTOR, and Merchants Bonding Company (Mutual)
<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 Citv of Santa Ana, as. AGENCY, in the venal sum of One Million Twenty Two Thousand R 001100
<br />Dollars
<br />($ 1,022,000.00 ), 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 />for Project No. 17-2675; Civic Center Stormwater Lift Station Renovation
<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 amount
<br />shall insure to the benefit of all persons entitled to file claims under the State Code of Civil
<br />Procedures; provided that any alterations in the work to be done, materials to be furnished, or time
<br />for completion made pursuant to the terms of the contract documents shall not in any way release
<br />either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY.
<br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this
<br />18th day of June 2019
<br />* ARNAZ Engineering Contractors, Inc., 1035 Armando Street, Ste. X, Anaheim, CA 92806, (714)666-1765
<br />Bonding gompany (Mutual), P.O. Box 14498, Des Moines, IA 50306, (515)243-8171
<br />Vanessa CopMand, Attorney -in -Fact,, l51 Kalmus Dr., Ste A201, Costa Mesa, CA 92626, (714)546-5100
<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
<br />Rate of premium on this bond is $
<br />Total amount of premium charge is $
<br />State of
<br />per thousand.
<br />To be filled in by Surety
<br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the
<br />name, title, address, and telephone number of authorized representative.
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