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CITY OF SANTA ANA <br />PROPOSAL <br />PROJECT NO.: 17-6897 <br />FLOWER STREET BIKEWAY <br />FEDERAL PROJECT NO: HSIPL 5063 (187) <br />1171i7Tildi 7 <br />KNOW ALL PRESENT that, <br />Elecnor Belco Electric. Inc. <br />as BIDDER, and <br />Fidelity and Deposit Company of Maryland , as SURETY, <br />arc held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of <br />Ten Percent of Amount Bid Dollars (S 10% ), which is ten percent (10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sum, BIDDER and SURETY agree to be bound, jointly and severally, firmly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to <br />submit a bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time specified, <br />then this obligation shall be null and void, otherwise it shall remain in full force and effect in favor <br />of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />19th day of May 12020. <br />%l ., Donna M. Planets Attorn8!y ,n-Fait <br />Subscribed and sworn to before me <br />120. <br />Signature: <br />Notary Public in and for the County of <br />, State of <br />this day of <br />* Provide BIDDER/ SURETY name, address, and telephone number and the name, title, address, <br />and telephone number of authorized representative. <br />P-8 of P-52 <br />23A-17 <br />