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CITY OF SANTA ANA <br />Executed in 2 Counterparts <br />Bond No. 7662240 <br />Premium: $2,401.00 <br />BONDS Premium is for contract term and is subject to <br />PROJECT NOO.:.: 18-6906 adjustment based on final contract price <br />EDINGER AVE. AND BRISTOL ST. CLASS II BICYCLE LANES <br />FEDERAL PROJECT NO: HSIPL 5063(180) <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 />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 Six Hundred Seven Thousand Eiqht <br />Hundred Thirty Nine & 66/100---------------------- Dollars <br />($607,839.66 ), 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 18-6906 - Edinger Avenue and Bristol Street Class 11 Bike Lanes (CML-506 <br />r <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 />17th day of December , 2019 . <br />*All <br />SURETY* Fidelity and <br />1RM-V� Aciu <br />Rebecca Haas -Bates, ) <br />Subscribed and sworn to before me, <br />20_ <br />Signature: <br />Notary Public in and for the County of <br />400 East Sixth Street, Corona, CA 92879 (951) 736-7600 <br />of Maryland 777 S. <br />**See Attached** <br />State of <br />David Wei <br />this day of <br />Rate of premium on this bond is $ 3.95 per thousand. <br />Total amount of premium charge is $ 2,401.00 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 />80)) <br />CA 90017 <br />I of 3 <br />