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Bond No.:08712174 ** In Duplicate ** CITY OF SANTA ANA BONDS PROJECT NO.: 19-7528 RESIDENTIAL STREET REPAIR PROGRAM FY 18119 HENINGER PARK NEIGHBORHOOD PAYMENT BOND 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 ofF-jght Hundred v my -Six T__ hn aannd, One Hundred Eighty -Three and 00/100 Dollars ($876,183.00 ), which is 100 percent of the total contract amount for the above stated project, Ior the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. of Illinois 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 for Project No.: 19-7528 Residential Street Repair Program FY 18/19 ** 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 Stan 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. Heninger Park Neighborhood IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 5th /day of December , 2019 . CON�do SamarzichInc Billings Place Rancho (ir^mnnJ,�/0GA 91701By •An_ • Cd,__a.�.�a _.•._r .. _ r .------- SURETY* [Aattheev R. Dobyns , Attorney -in -Fact, 1633 E. Fourth Subscribed and sworn to before me, Signature: 777 S. Figueroa Street, Suite 3900 19) 235-1388 Suite 228, Santa Ana, CA 92701, Tel: 1(714) 541-4700 _ this _ day of Notary Public in and for the County of State of Rate of premium on this bond is $ Included on the Performance Bond perthousand. Total amount of premium charge is $ Included on the Performance Bond. To befilled in /ry Surety "Provide CONTRACTOR /ADA11ITTED SURETY name, address, and telephone n1unber and the name, title, address, and telephone number ofauthorized representative. 2of3