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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 COUNTERPAf CITY OF SANTA ANA BOND NUMBER: 2981951 <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 />FAITHFUL PERFORMANCE 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 HUNDREDTWENTY SEVEN <br />THOUSAND EIGHT HUNDRED FIFTY & 001100 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 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 effect <br />in favor of AGENCY; provided that any alterations in the obligations or time for completion made <br />pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR <br />or SURETY, and notice of such 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 BUILDW, INC,4821 LIVE OAK SPRINGS CANYON ROAD SANTA CLARITA, CA 91387; 951-532-7717 <br />SURETY* GREAT AMER� INaIRANtE-CQjM,2Y -750 THE CITY DRIVE SOUTH #470 ORANGE, CA 92868; 714-740-3117 _ <br />��,G KEVIN VEGA, ATTORNEY-in-FACI <br />Subscribed and sworn to before me, 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 $10.69 per thousand. <br />Total amount of premium charge is $ 15.272 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 />
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