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PREMIUM IS FOR THE CONTRACT TERM Bond No. 613-100602-8 <br />AND IS SUBJECT TO ADJUSTMENT BASED CITY OF SANTA ANA Executed in Triplicate <br />ON FINAL CONTRACT PRICE BONDS <br />PROJECT NO.: 17-6801 & 17-6886 <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that Aramexx Group Inc. dba Aramexx Construction <br />as CONTRACTOR, and United States Fire 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 Two Million Eight Hundred Fifty Six <br />Thousand Four Hundred Eighteen & 00/100 Dollars <br />($ 2,856,418.00 ), 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. V Delaware <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract A reement with AGENCY dated <br />September 3, 2019 Pmlect No:17-6801- Civic Center Bike Boulevard A L-5063(178) & Project No. 17-6886- Safe Route to School <br />p for Enhancements for Sepulveda Elementary Scholl ATPL-5063(174) , <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 />20th day of September 20 19 . <br />Group Inc. dba Aramexx Construction, 532 W. First Street, Suite 202, Claremont, CA 91711, (909)746-8066 <br />Fire Insurance Company, 305 Madison Avenue, Morristown, NJ 07962, (973)490-6600 <br />'Shawn Blume, Attorney -in -Fact, 151 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 State of <br />Rate of premium on this bond is $ * per thousand. <br />Total amount of premium charge is $ 33,963.00 . 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 />-1.875%(100k)/1.813p/p (400k)/1.088p/o (2 m m)/.863%(thereafter <br />1 of 3 <br />