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EXECUTED IN 1 ORIGINAL COUNTERPART CITY OF SANTA ANA BOND NUMBER: 367373-P <br />BONDS <br />PROJECT NO.: 17-0151 <br />COUNCIL CHAMBERS CONFERENCE ROOM RENOVATION <br />WARRANTY PERFORMANCE AND PAYMENT BOND <br />(To be submitted upon project completion as a condition of project acceptance) <br />KNOW ALL MEN BY THESE PRESENTS that RS CONSTRUCTION & DEVELOPMENT, INC. <br />as CONTRACTOR, and INDEMNITY COMPANY OF CALIFORNIA <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 sure of TWENTY TWO THOUSAND FIVE HUNDRED & 00/100 <br />Dollars <br />($22,500.00 ), which is 25 percent of the final 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 2ND, 2019 for COUNCIL CHAMBERS CONFERENCE ROOM RENOVATION <br />if CONTRACTOR faithfully warrants the work done under said Contract Agreement against <br />material or quality defects for a period of one year after acceptance by the AGENCY, then this <br />obligation shall be null and void, otherwise it shall remain in full force and effect in favor of <br />AGENCY; provided that any alterations in the obligations or time for completion made pursuant <br />to the terms of the contract documents shall not in any way release either CONTRACTOR or <br />SURETY, and notice of such alterations is hereby waived by SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />9TH day of JULY 2019 <br />** R_S CONSTRUCTION & DEVELOPMENT, INC. -1042 N. MOUNTAIN AVE. SUITE B $552 UPLAND, CA 91786; 909-920- i 144 <br />�� I2-iCGv610 Sernc-19ve&tde✓Ar <br />SURETY* INDEMNITY CO) fANY OF CALIFOP -17771 COWAN 4100 IRVINE, CA 92614; 714-784-5539 <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 premlUrn on this bond Is $ INCLUDED IN THE PERFORMANCE BOND per thousand. <br />Total amount Of premium charge Is $INCLUDED IN THE PERFORMANCE BOND , 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 />3 of 3 <br />