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THE FINAL PREMIUM IS This bond was issued in two (2) <br />PREDICATED ON THE CITY OF SANTA ANA original counterparts <br />FINAL CONTRACT AMOUNT <br />BONDS Bond No. 1001075862 <br />PROJECT NO.: 17-6437 Premium:$22,844.00 <br />CITYWIDE SEWER MAIN IMPROVEMENTS <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that Garrett J. Gentry General Engineering Incorporatel <br />as CONTRACTOR, and U.S. Specialty Insurance Company <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 Two Hundred Sixty -Nine Thousand Eighty -Nine and 84/100 Dollars <br />($1,269,089.84 ), 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 />.of Texas <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 />August 20th, 2019 for Project No. 17-6437 Citywide Sewer 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 />11th day of September 12019 . <br />General <br />Insurance <br />Subscribed and sworn to before me, <br />20 <br />Signature: <br />Notary Public in and for the County of <br />I w 9th street <br />ind, CA 91786, (909) 693-33! <br />The City Drive So., Ste. 205 <br />1411 N. Batavia St., Suite 201, Orange, <br />. this <br />State of <br />day of <br />Rate of premium on this bond is $ 18.00 per thousand. <br />Total amount of premium charge is $22,844.00 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 />