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Bond No. 7661790 <br /> Premium: $6,572.00 <br /> CITY OF SANTA ANA Premium is for contract term and is subject <br /> BONDS to adjustment based on final contract price <br /> PROJECT NO.: 17-6885 Executed in:2 Counterparts <br /> EDINGER PROTECTED BIKE LANES <br /> FROM SANTA ANA RIVER TO BRISTOL ST. ATPL-5063(172) <br /> FAITHFUL PERFORMANCE BOND <br /> KNOW ALL MEN BY THESE PRESENTS that All American Asphalt , <br /> as CONTRACTOR, and Fidelity and Deposit Company of Maryland , <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 One Million Six Hundred Sixty Three <br /> Thousand Nine Hundred Six and 00/100 Dollars <br /> ($1,663,906.00 ), 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 /> October 15, 2019 for Project No.17-6885-Edinger Protected Bike Lanes From Santa Ana River To Bristol St.ATPL-5063(172), <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 /> 15th day of October , 20 19 . <br /> CONTRAC OR*All American Asphalt -400 East Sixth Street, Corona, CA 92879-Phone (951)736 7600 <br /> btu Ti C414.L. OAvt v.P. <br /> SURETY*Fidelity and Deposit Company of Maryland-777 S. Figueroa Street, Suite 3900, Los Angeles,CA 90017 <br /> - �in1Q—Shirlia 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 , State of <br /> Rate of premium on this bond is $ 3.95 per thousand. <br /> Total amount of premium charge is $ 6,572.00 . To he 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 />