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Bond No.7661912 CITY OF SANTA ANA Premium: $2,405.00 Premium is for contract term and is subject BONDS to adjustment based on final contract price PROJECT NO.: 19-6946 Executed in: 2 Counterparts EDINGER AVE. REHABILITATION: RAITT ST. TO BRISTOL ST. FAITHFUL PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS that All American Asphalt as CONTRACTOR, and Fidelity and Deposit CompaMaryland a corporation, organized and existing under the laws of the State and duly authorized to transact business under the laws of the State of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of Six Hundred Eight Thousand Nine Hundred Fifty Six and 00/100 Dollars ($ 608,956.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. *of Illinois THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated November 19, 2019 for Project No. 19-6946 - Edinger Ave. Rehabilitation: Raitt St. To Bristol St. if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work of Improvement to be done under said Contract Agreement in the manner and time specified therein, then this obligation shall be null and void, otherwise it shall remain in full force and effect in favor of AGENCY; provided that any alterations in the obligations or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of such alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 19th day of November , 2019 . CONTRACTOR*All 4Aq perican Asphalt - 400 East Sixth Street, Corona, CA 92879 - Phone (951)736-7600 Ed (6006J df OWN[) V166 M61IJON SURETY* Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 Rebecca Haas -Bates, Attorney -in -Fact Subscribed and sworn to before me, **Please See Attached** this day of ,20 Signature: Notary Public in and for the County of , State of Rate of premium on this bond is $ 3.95 per thousand. Total amount of premium charge is $ 2,405.00 To be filled in by Surety *Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 1 of 3