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Bond No.: 08712176 CITY OF SANTA ANA (One of Three Originals) BONDS PROJECT NO.: 20-7536 RESIDENTIAL STREET IMPROVEMENT BISHOP PROJECT NO.: 20-7537 RESIDENTIAL STREET IMPROVEMENT RAITT PAYMENTBOND KNOW ALL MEN BY THESE PRESENTS that Vido Samarzich, Inc. as CONTRACTOR, and Fidelity and Deposit Company of Maryland 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 One Million Two Hundred Seventy Eight Thousand Eight Hundred Twenty and 00/100 Dollars ($ 1,278,820.00 ), 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, 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 February 4th, 2020 for Praeot20-7536 &20-7537 Residential Street Improvement Bishop And Residential Street Improvement Raid Project if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, 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 said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 5th day of February 2020. 6829 Billings Place CONTRACTOR* Vida arz' h Inc. Rancho Cucamonga, CA 91701 By. 1 ,r,,- / pv itS,4,nrgaUC tf Telephone: (909) 9 77-6377 VI l fafs r- T- 777 S. Figueroa Street, Suite 3900 SURETY* Fidelity and De sit Company of Ma land Las Angeles, CA 90017 By: IT Telephone: (619) 235-1388 Matthew R. Dobyns , Attorney -in -Fact Subscribed and sworn to before me, this day of s 20— ,- Signature: n-r C Notary Public in and for the County of State of ; Rate of premium on this bond is $ Included on the Performance Bond per thousand. Total amount of premium charge is $ Included on the Performance Bond , To befilled in by Surety r *Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2 of 3