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Bond Number: 3704697
<br />CITY OF SANTA ANA
<br />BONDS
<br />PROJECT NO.: 17-9001, 18-6911, 19-6940,20-6958, 21-6451
<br />SOUTH MAIN STREET CORRIDOR IMPROVEMENT
<br />KNOW ALL MEN BY THESE PRESENTS that Cs. Legacy Construction, Inc., 5781 Schaefer Ave Chino, CA 91710
<br />as CONTRACTOR, and Great American Insurance Company, 301 E Fourth Street, Cincinnati, OH 45202
<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 />twelve million, seven hundred fifty nine thousand, six hundred and
<br />five and 00/100 Dollars
<br />($ 12,759,695.00 ), 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 />January 28, 2021 for SOUTH MAIN STREET CORRIDOR IMPROVEMENT
<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 />2nd day of February 20 21
<br />CONTRACTOR* C.S. L**}ronst vction, Inc.
<br />SURETY*
<br />Subscribed and swom to before me, ****' See attached acknowledgment this day
<br />i1
<br />20
<br />Signature: s�j'•. »� ``1�� 3
<br />Notary Public in and for the County of State of t;
<br />Rate of premium on this bond is $ ** per thousand.
<br />Total amount of premium charge is $ 87,843.00 . To be filled in by Surety
<br />*Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the
<br />name, title, address, and telephone number of authorized representative.
<br />**$14.40 per thousand on the first $500,000 of the contract amount
<br />* *$8.70 per thousand on the next $2,000,000 of the contract amount
<br />* *$6.90 per thousand on the next $2,500,000 of the contract amount
<br />* *$6.30 per thousand on the next $2,500,000 of the contract amount
<br />**$5.75 per thousand on the remaining $5,259,695 of the contract amount
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