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LEONIDA BUILDER, INC.
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LEONIDA BUILDER, INC.
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Last modified
4/23/2021 4:31:49 PM
Creation date
11/27/2019 9:23:47 AM
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Contracts
Company Name
LEONIDA BUILDER, INC.
Contract #
P 18-7929 18-7528
Agency
Public Works
Council Approval Date
10/15/2019
Notes
CENTENNIAL PARK WALKWAY AND LIGHTING IMPROVEMENTS PROJECT
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EXECUTED IN 2 ORIGINAL COUNTERPA - BOND NUMBER: 2981951 <br />CITY OF SANTA ANA <br />BONDS <br />CENTENNIAL PARK IMPROVEMENTS: <br />PROJECT NO. 18-7929: CENTENNIAL PARK WALKWAY IMPROVEMENTS <br />PROJECT NO. 18-7528: CENTENNIAL PARK LIGHTING IMPROVEMENTS <br />PAYMENT BOND <br />KNOW ALL MEN BY THESE PRESENTS that LEONIDA BUILDERS, INC. <br />as CONTRACTOR, and GREAT AMERICAN 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 ONE MILLION FOUR HUNDRED TWENTY SEVEN <br />THOUSAND EIGHT HUNDRED FIFTY & 00/100 Dollars <br />($1,427,850.00 ), 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. <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 15TH, 2019 for CENTENNIAL PARK WALKWAY & LIGHTING IMPROVEMENTS PROJECT <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 amount <br />shall insure to the benefit of all persons entitled to file claims under the State Code of Civil <br />Procedures; provided that any alterations in the work to be done, materials to be furnished, or time <br />for completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice of said alterations is hereby waived 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* LEONIDA BUILDERS, INC. -15821 LIVE OAKS SPRINGS CANYON ROAD SANTA CLARITA, CA 91387; 951-532-7717 <br />S U RETY * GREAT AMERICAN INSURAt . E COMPANY - 750 THE CITY DRIVE SOUTH N470 ORANGE, CA 92868; 714-740-3117 <br />Subscribed and sworn to before me, <br />,20 <br />Signature: <br />Notary Public in and for the County of , State of <br />Rate of premium on this bond Is $ INCLUDED IN PERFORMANCESOND <br />Total amount of premium charge is $ <br />INCLUDED IN PERFORMANCE BOND <br />KEVIN <br />this <br />day Of <br />per thousand. <br />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 />2of3 <br />
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