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Bond No. 7662235 <br />CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 19-6943 <br />Premium: $2,135.00 <br />Premium is for contract term and is subject <br />to adjustment based on final contract price <br />Executed in: 2 Counterparts <br />BRISTOL ST. REHABILITATION: MACARTHUR BLVD. TO RAILROAD (N. OF <br />ALTON AVE.) <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that All American Asphalt <br />, <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <br />, <br />a corporation, organized and existing under the laws of the State; and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Five Hundred Forty Thousand Four <br />Hundred Eight and 001100 Dollars <br />($ 540,408.00 ), 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 />December 17, 2019 for Project No. 19-6943 Bristol St. Rehabilitation: Macarthur Blvd. to Railroad** <br />, <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 terns 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 />**(N. of Alton Ave.) <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />17th day of December , 2019 . <br />* All Ayn$rican Asphalt - 400 East Sixth <br />and Deposit Company of Maryland - 777 S. <br />Rebecca Haas -Bates, Attorney -in -Fact <br />Subscribed and sworn to before me, **Please See Attached** <br />20_ <br />Signature: <br />Notary Public in and for the County of <br />Rate of premium on this bond is $ 3_95 <br />Total amount of premium charge is $ 2 <br />135.00 <br />CA 92879 - Phone (951)736-7600 <br />Street, Suite 3900, Los Angeles, CA 90017 <br />David Wei (213)270-060 <br />this day of <br />State of <br />per thousand. <br />To be filled in by Surety <br />*Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />1 of 3 <br />