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Bond No.: 7661790 <br /> Premium is included in the performance bond <br /> CITY OF SANTA ANA Executed in: 2 Counterparts <br /> BONDS <br /> PROJECT NO.: 17-6885 <br /> EDINGER PROTECTED BIKE LANES <br /> FROM SANTA ANA RIVER TO BRISTOL ST_ ATPL-5063(l72) <br /> PAYMENT 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 or any subcontractor fails to pay for any labor or material of any kind used in <br /> the performance of the Work of Improvement to be done under said Contract Agreement, or fails <br /> to submit amounts due under the State Unemployment Insurance Act with respect to said labor, <br /> SURETY will pay for the same in an amount not exceeding the sum set forth above, which <br /> amount shall insure to the benefit of all persons entitled to file claims under the State Code of <br /> Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, <br /> or time for completion made pursuant to the terms of the contract documents shall not in any <br /> way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived <br /> by SURETY. <br /> IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br /> 15th day of October , 2019 <br /> CONTRACTOR*All American Asphalt -400 East Sixth Street, Corona, CA 92879-Phone (951) 736-7600 <br /> ebro tb • 04412.c.4.04) v.P. <br /> SURETY*Fidelity and Deposit Company of Maryland-777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 <br /> 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 /> S ignature: <br /> Notary Public in and for the County of , State of <br /> Rate of premium on this bond is $ N/A per thousand. <br /> Total amount of premium charge is $ is included in the performance bond . 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 /> 2 of 3 <br />