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Bond No.:08712177 CITY OF SANTA ANA (One of Two Originals) BONDS PROJECT NO.: 20-7535 LOCAL STILET CURB RAMP IMPROVEMENTS (PHASE II) PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that Vido Samarzich, Inc. as CONTRACTOR, and Fid=_lity 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 thzState of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of Three Hundred Ninety Eight Thousand Seven Hundred and 00/100 ($ 398,700.0owhic Dollars project, for the payment of which sum, CONTRACTOR and SURETY a0 percent of the total contract u eent f to be bouor the nd jointly and severally, firmly by these presents. g y 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 May 5th 2020 for Project No. 20-7535 Local Street Curb Ramp Improvements (Phase II) if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used ill 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 Mal! 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 14th day of May , 20 20 . CONTRACTOR* Vjdo>5�}r c Inc. By: SURETY* _ t Matthew R. Dobyns , Anorn 8fibscribed and sworn to beforeme, _ 20 of 6829 Billings Place Rancho Cucamonga CA 91701 Telephone: (909) 987-6377 777 S. Figueroa Street, Suite 3900 Los Angeles CA 90017 Telephone: (619) 235-1388 ,this day of Signature: Notary Public in and for the Co� my of , State of Rate of premium on this bond is $ included in the performance bond per thousand. Total amount of premium charge is $ included in the performance bond , To be filled in by Surety *Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2 of 3