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BOND 11ES00001301 <br />CITY OF SANTA ANA PREMIUM: $13,992 <br />BONDS <br />PROJECT NO.: 19-6426 <br />KNOW ALL MEN BY THESE PRESENTS that LUCAS BUILDERS, INC. <br />as CONTRACTOR, and EVEREST REINSURANCE COMPANY <br />, <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of ONE MILLION THREE HUNDRED <br />NINETY-NINE THOUSAND TWO HUNDRED EIGHT & 00/100 Dollars <br />($ 1, 399, 208.00 ), 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 />JULY 7, 2020 for CITYWIDE SEWER IMPROVEMENTS PHASE II <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 <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 />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />15TH day of JULY <br />20 20. <br />CONTRACTOR* LUCAS BUILDERS, INC 510 E. JAMIE AVE., LA HABRA, CA 90631 <br />,kBY: — — (310) 853-0690 <br />REINSURANCE COMPANY. 725 TOWN & COUNTRY, #400, ORANGE, CA 92868 <br />SfENCER-PLAKE / ATTORNEY -IN -FACT <br />Subscribed and sworn to before me, this day of <br />20 <br />Signature: <br />Notary Public in and for the County of State of <br />Rate of premium on this bond is $ 1% FLAT RATE per thousand. <br />Total amount of premium charge is $ 13,992 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 />CULBERTSON INSURANCE SERVICES, INC.; 5500 E. SANTA ANA CANYON ROAD, SUITE 201 <br />ANAHEIM, CA 92897 (714) 921-0530 <br />I of 3 <br />