Laserfiche WebLink
CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 19-6921 & 19-6945 <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that All American <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryk <br />Bond No.7660532 <br />Premium: $2,921.00 <br />Premium is for contract term and is subject <br />to adjustment based on final contract price <br />Executed in: 3 Counterparts <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Seven Hundred Thirty Nine Thousand Five <br />Hundred Ninety Six and 00/100 Dollars <br />($ 739,596.00 ), 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. *of Illinois <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 />May 7, 2019 for Project Nos. 19-6921 and 19-6945 -1st Street and Raiff Street Slurry Seal and Resurfacing <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 />23rd day of May , 2019 . <br />All American Asphalt - 400 East Sixth Street, Corona, CA 92879 - Phone <br />SURETY* Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 <br />TiaAQXIIJ" a 12§QmbQtQ kaj� David Wei (213)270-0600 <br />Rebecca Haas -Bates, Attorney -in -Fact <br />Subscribed and sworn to before me, "Please See Attached" this day of <br />20 <br />Signature: <br />Notary Public in and for the County of <br />State of <br />Rate of premium on this bond is $ 3.95 per thousand. <br />Total amount of premium charge is $ 2.921.00 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 />