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CITY OF SANTA ANA <br />BONDS <br />PROJECT NOS.: 21-6980, 21-6979 <br />17TH STREET REHABILITATION <br />FAITHFUL PERFORMANCE BOND <br />Bond No. 7670937 <br />Premium: $7,505.00 <br />Premium is for contract term and is subject <br />to adjustment based on final contract price <br />Executed in: 2 Counterparts <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 Eight Hundred Ninety <br />Nine Thousand Nine Hundred Eighty Three and 00/100 Dollars <br />($1,899,983.00 �, 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 />October 17, 2023 for PROJECT 21-6979 & 21-6980 - 17TH STREET REHABILITATION FROM FAIRVIEW ST TO FLOWER ST <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 />17th day of October 2023 <br />GG VW g4rpar a . l-.Q✓ f y I CC l'Y!J 8G99'#4' f <br />S-(_jRET y* Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900 Los Angeles, CA 90017 <br />Jorge Correa270-0600 <br />Relb&ca Haas -Bates, Attorney -in -Fact <br />Subscribed and sworn to before me, **Please see attached** , this day of <br />20 <br />Signature: <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 $ 7,505.00 <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 />