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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 18-6903 <br />FAITHFUL PERFORMANCE BOND <br />Bond #1001143631 <br />Bond Premium: $15,893.00 <br />KNOW ALL MEN BY THESE PRESENTS that HYM Engineering, Inc. <br />as CONTRACTOR, and American Contractors Indemnity Company <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of <br />Eight Hundred Eighty Two Thousand Nine Hundred Nineteen & 00/100 Dollars <br />($ 882,919.00 ), 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 />May 11, 2020 for Hazard Avenue Protected Bike Lanes <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 />22nd day of May , 2020 . <br />CONTRACTOR* HYM Engineering, Inc. <br />SURETY* American Contractors Indemnity Company <br />801 S. Figueroa St., #700 Los Angeles, CA 90017 (310) 649-0990 Frank Morones Attorney -in -Fact <br />Subscribed and sworn to before me, <br />20 <br />Signature: <br />Notary Public in and for the County of State of <br />this day of <br />Rate of premium on this bond is $ 18.00 per thousand. <br />Total amount of premium charge is $ 15,893 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 />1 of 3 <br />