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Premium is subject to change based on the final contract amount Bond No. 6131006388 <br />CITY OF SANTA ANA Bond Premium: $6,063.00 <br />BONDS <br />PROJECT NO:4&3524: PACIFIC ELECTRIC BIKE TRAIL <br />PROJECT NO. I$-7533t SADDLEBACK VIEW PARK <br />SECURITY LIGHTING <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that California Professional Engineering Inc. <br />as CONTRACTOR, and United States Fire 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 Four Hundred Twenty One Thousand <br />Forty Three and 00/100 Dollars <br />($ 421.043.00 ), 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 />1 �- )-0 I q for Pacific Electric Bike Trail and Saddleback View Pads security Lighting Projects (Project No. 18-7524 & I8-7533) <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 />2nd day of December .20 i9 . <br />[Us ►ak3IM7IC�J:Li <br />me, <br />Signature: <br />T:626-710-1338 <br />SEE ATTACHED <br />Notary Public in and for the County of State of <br />this day of <br />Rate of premium on this bond is $ 14.4o per thousand. <br />Total amount of premium charge is $ $6,063.00 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 />1 of 3 <br />