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BOND# 4427865 <br />CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 20-6956 & 20-6437 <br />PAYMENT BOND <br />PREMIUM: INCLUDED IN <br />PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that EBS GENERAL ENGINEERING, INC. <br />as CONTRACTOR, and SURETEC 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 TWO MILLION FIVE HUNDRED <br />FORTY—SIX THOUSAND ONE HUNDRED FIFTY—FOUR & NO/100 Dollars <br />($ 2,546,154.00 ), 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 />* TEXAS <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 />JANUARY 21, 2020 for GAS TAX LOCAL STREET IMPROVEMENTS FY 19/20 ** <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 />** AND FLOWER STREET SEWER MANHOLE IMPROVEMENTS <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />23RD day\tof JANUARY 20 20. <br />1345 QUARRY STREET, STE. 101 <br />CORONA, CA 92879 PH. 951-279-6869 <br />3131 CAMINO DEL RIO N. #1450 <br />SAN DIEGO, CA 92108 PH. 619-400-4100 <br />CHARLES L. FLAKE / ATTORNEY —IN —FACT <br />Subscribed and sworn to before me, <br />20 <br />Signature: <br />Notary Public in and for the County of <br />State of <br />this _—day of <br />Rate of premium on this bond is $ NIL per thousand. <br />Total amount of premium charge is $ NIL . 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 />AUTHORIZED REPRESENTATIVE: <br />CULBERTSON INSURANCE SERVICES, INC. <br />5500 E SANTA ANA CANYON RD., #201 <br />ANAHEIM, CA 92807 2 of <br />PH. 714-921-0530 <br />