ALL AMERICAN ASPHALT (ADAMS PARK PARKING LOT IMPROVEMENTS)

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Bond No. 7664609 Premium: $268.00 CITY OF SANTA ANA Premium is for contract term and is subject BONDS to adjustment based on final contract price Executed in: 3 Counterparts PROJECT NO.: 20-2707 ADAMS PARK PARKING LOT IMPROVEMENTS FAITHFUL PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS that All American Asphalt as CONTRACTOR, and Fidelity and Deposit Company of Maryland a corporation, organized and existing under the laws of the State; and duly authorized to transact business under the laws of the State of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sure of Sixty Seven Thousand Seven Hundred Sixty Seven and 00/100------ _ — Dollars ($ 67,767.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, finely by these presents. *of Illinois THE CONDITIONS OF 'PHIS OBLIGATION ARE SUCH that. whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated November 23, 2020 for Project No.: 20-2707 Adams Park Parking Lot Improvements if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work of Improvement to be done under said Contract Agreement in the manner and time specified therein, then this obligation shall be null and void, otherwise it shall remain in full force and effect in favor of AGENCY; provided that any alterations in the obligations or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY and notice of such alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 23rd day o1' November 2020 CONTRACTOR* All American Asphalt- 400 East Sixth Street, Corona, CA 92879 - Phone (951)736-7600 SURETY* Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 David Wei (213)270-0600 is in, Attorney -in -Fact Subscribed and sworn to before Inc. "Please See Attached" this day of 20_ Signature: Notary Public in and for the County of State of Rate of premium on this bond is $ 3.95 per thousand. Total amount of premium charge is $ 268.00 To be filled in by Surety *Provide CONTRACTOR / ADM/TIED SURETY name, address, and telephone number and the name, Wle, address, and telephone number ofauthorized representative. 1 of')