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THE FINAL PREMIUM IS <br />PREDICATED ON THE <br />FINAL CONTRACT AMOUNT <br />KNOW ALL MEN BY' <br />as CONTRACTOR, and <br />CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 15-6448 <br />IVA-ty" • ' 1_I <br />This bond was issued in three (3) <br />original counterparts <br />Bond No. 2290055 <br />Premium: $14,341.00 <br />PRESENTS that Stephen Doreck Equipment Rentals. Inc. <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 <br />One Million Six Hundred Sixty Thousand Three Hundred Seventy and 00/100 Dollars <br />($1,660,370.00 ), 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 />June 4th, 2019 for Project No.: 15-6448, Thornton Park Neighborhood Water Main Improvements <br />if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work <br />of Improvement to be done under said Contract Agreement in the manner and time specified <br />therein, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY; provided that any alterations in the obligations or time for <br />completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice of such alterations is hereby waived by <br />SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />6th day of June , 2019 <br />Inc. <br />-V1 <br />Subscribed and sworn to before me, <br />20 <br />Signature: <br />9075 Telegraph Road <br />6 Hutton Center Drive, Suite 850 <br />Orange, CA 92867, (714 516-1232 <br />'s day of <br />Notary Public in and for the County of State of <br />Rate of premium on this bond is $ 14.40 / $10.80 / $7.395 per thousand. <br />Total amount of premium charge is $ 14,341.00 . 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. <br />1 of 3 <br />