BELL BUILDING MAINTENANCE COMPANY 1A - 2008

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Bond #SB036000 1 1 9 Premium: $1,260.00 CONTRACTOR'S PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the City .of Santa Ana, State of California, end Bell Building Maintenance Co. (hereinafter designated as "Principa[ "} have entered into an ageement whereby Principal agrees to install and complete certain designated public improvements, which said agreement, dated Yl�ay_22, 201 1 , entitled " Park Restroom Maintenance Contract ," 15 hereby Teferred to and made a part hereof; and the subsequent amendment to the agreement extending the term from May 22, 20�'I to May 28, 2012. WHEREAS, under the teens of said agreement, Principal is required before entering upon the performance of the work, to file a good and sufficient Contractor's Payment Bond with the City of Santa Ana to secure the claims to which reference is made in Title I5, (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW THEREFORE, said Principal and the undersigned as corporate Surety, are held firmly bound unto the CITY OF SANTA ANA, and all contractors, subcontractors, Laborers, materislmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Civil Code, in the sum of Fifty Thousand Three Hundred Elehty -Eieht and 00 /100 Dollar for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor or for any amounts required to be deducted, withheld and paid over to the Franchise Tax Board fi-om the wages of employees of the Principal and his subcontractors pursuant to Section 18806 of the Revenue and Taxation Code, with respect to such work and labor; that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this Bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. IT IS HEREBY EXPRESSLY STIPULATED AND AGREED that this Bond shall inane to the benefit of any and all persons, companies and corporations entitled to file claims Lander Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this Bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect.