Laserfiche WebLink
Bond Ni 08712174 <br />In Duplicate THL -ANAL PREMIUM IS <br />** ** <br />CITY OF SANTA ANA PREDICATED ON THE <br />BONDS FINAL CONTRACT PRICE <br />PROJECT NO.; 19-7528 <br />RESIDENTIAL, STREET REPAID. PROGRAM FY 18/19 <br />HENINGER PARK NEIGHBORHOOD <br />FAITHFUL, PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that Vido Samarzich, Inc. <br />as CONTRACTOR, andEidiality and Deposit Comigany 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 Eight Hundred Seventy -Six Thousand <br />One Hundred Eighty -Three and 00/100 Dollars <br />($ 876 183.00 ), 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 />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 />for Project No 19-7528 Residential Street Repair Program FY 18119 *; <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 planner and time specified <br />therein, then this obligation shall be null and void, otherwise it shall remain in frill force and <br />effect in favor of AGENCY; provided that any alterations in the obligations or time for <br />completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice of such alterations is hereby waived by <br />SURETY. <br />** Hettinger Park Neighborhood <br />IN WITNESS WHEREOF the parties hereto have set their names, tittles, hands, and seal this <br />5th ,y q December 20119. <br />Vido Samarzich, Inc. 6829 Billings Place <br />SURETY* <br />Matthew R. Dobyns , Attorney -in -Fact, 163 <br />Subscribed and sworn to before me, <br />_ 20_ <br />Signature: <br />Notary Public in and for the County of <br />Fourth <br />777 S. Figueroa Street, Suite 3900 <br />Suite 228, Santa Ana, CA 92701, Tel: 1(714) 441-4700 <br />this day of <br />State of <br />Rate of premium on this bond is $15.31 1st $500K & $9.25 Balance per thousand. <br />Total amount of premium charge is $ 11 135.00 To be <br />,Tlled in by Surety <br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number cuxrl the <br />name, title, address, and telephone marr;ber oJ'authorized representative. <br />I of 3 <br />