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Bond No. 7664629 <br />CITY OF SANTA ANA <br />BONDS <br />Premium: $7,771.00 <br />Premium is for contract term and is subject <br />to adjustment based on final contract price <br />Executed in: 2 Counterparts <br />FEDERAL PROJECT NO. CML-5063(183) <br />CITY PROJECT NO. 18-6908 <br />BRISTOL STREET PROTECTED BIKE LANES FROM EDINGER TO IST <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that All American Asphalt <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <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 One Million Nine Hundred Sixty Seven Thousand <br />Four Hundred Thirty Six & 00/100---------------------- <br />Dollars <br />($1,967.436.00 ), 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. ' of Illinois <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 />December 15, 2020 for Feder.i P.Jec[ No. CML5063 (IB3)-City Pmjod Na.1M90B-Bdslol5tree1 PmlOdBlke L---hom Edio,.rMon told <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 effect <br />in favor of AGENCY; provided that any alterations in the obligations or time for completion made <br />pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR <br />or 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 />15th day of December 2020 <br />CONTRACTOR* All American Asphalt_ 490 --ast Sixth St, Corona, CA, 92879 (951) 736-7600 <br />of Maryland 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 <br />David Wei (213) 2704190r <br />Subscribed and sworn to before me, <br />,20_ <br />Signature: "See Attached" <br />Notary Public in and for the County of <br />Rate of premium on this bond is $ 3.95 <br />Total amount of premium charge is $ <br />7,771.00 <br />this day of <br />State of <br />per thousand. <br />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 />1 of 3 <br />