C.S. LEGACY CONSTRUCTION, INC. (2)

Home Browse Search

CITY OF SANTA ANA Bond Number: 3704697 BONDS PROJECT NO.: 17-9001, I8.6911,19-6940, 20.6958, 21-6451 SOUTH MAIN STREET CORRIDOR IMPROVEMENT PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that C.S. Legacy Construction, Inc. as CONTRACTOR, and Great American Insurance Company 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 sum of twelve million, seven hundred fifty nine thousand, six hundred and ninety five and 00/100 Dollars ($_ 12,759,695.00 ), 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, firmly by these presents. THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated January 28, 2021 for SOUTH MAIN STREET CORRIDOR IMPROVEMENT if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, 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 said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 2nd day of February t 2021 . CONTRACTOR* C.SJ4g&ey Construction, Inc. SURETY* Great Tmerfcan Insurance Subscribed and sworn to before me, ******see attached acknowledgment 20_ Signature: this day of M1 '? t^�,�NfYj•S •.�ri Notary Public in and for the County of State of ` f i ; ------------- ,r Vc)1.3 Rate of premium on this bond is $ N/A per thousand. Total amount of premium charge is $ included in performance bond • To be filled in by Surety *Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2of3