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Bond No. 7663418 <br />Premium: $7,839.00 <br />CITY OF SANTA ANA Premium is for contract term and is subject <br />to adjustment based on final contract price <br />BONDS Executed in: 2 Counterparts <br />PROJECT NO.: 20-6907 <br />LOCAL STREET PREVENTATIVE MAINTENANCE FY 2019-20 <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that All American <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <br />a corporation, organized and existing under the laws of the State*, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of one Million Nine Hundred Eighty Four Thousand <br />Five Hundred Eighty Eightand 001100 Dollars <br />($ 1,984,588.00 ), 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. *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 />May 19, 2020 for Project No.: 20-6907 Local Street Preventative Maintenance FY 2019-20 <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 />19th day of May , 7020 <br />CONTRACTOR* All Am fican Asphalt- 400 East Sixth Street, Corona, CA 92879 -Phone (951)736-7600 <br />Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles. CA 90017 <br />bed and sworn to before me, **Please see Attached** <br />20_ <br />Signature: <br />Notary Public in and for the County of , State of <br />Rate of premium on this bond is S 3.95 <br />Total amount of premium charge is $ $7,839.00 <br />this day of <br />perthousand. <br />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 ofauthorized representative. <br />I of 3 <br />