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Company of Maryland <br />Home Office: P.O. Box 1227. Baltimore. MD 21203-1227 <br />KNOW ALL MEN BY THESE PRESENTS: <br />and FIDELITY AND DEPOSIT COMPANY OF MARYLAND as Principal, (hereinafter called the 'Principal"), <br />P.O. Box 1227, Baltimore, Maryland 21203, a corporation duly organized under the laws of the State of Maryland, as <br />Surety, (hereinafter called the "Surety"), are held and firmly bound unto <br />City of Santa Ana <br />as Obligee, (hereinafter called the "Obligee"), in the sum of TEN PERCENT OF THE TOTAL BID PRICE IN-------- <br />Dollars($ 10% OF TOTAL BID PRICE )J or the payment of which sum well and truly to be made, the said Principal <br />and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, <br />firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for Hazard Avenue Rehabilitation from Euclid to Harbor <br />ject No. 11-6749 <br />Date: March 21, 2012 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a contract <br />with the Obligee in accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding <br />or contract documents with good and sufficient surety for the faithful performance of such contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />into such contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the <br />penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith <br />contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise <br />to remain in full force and effect. <br />Signed and sealed this 12th day of March <br />A.D., 2012 <br />ALL AMERICAN ASPHALT (SEAL) <br />P! 7 <br />Witness <br />et?t? Or <br />ue l p(j`ti ??- <br />FIDELITY AND DEPOSIT COMPANY OF MARYLAND <br />Surety <br />A. Wdklson, Notary Public r By ?" <br />Witness Rebecca Haas-Bates (SEAL) <br />, Attorney-in-Fact <br />Printed in cooperation with the American Institute of Architects (AIA) by Fidelity and Deposit Company of Maryland . Fidelity and Deposit Company of <br />Maryland vouches that the language in the document conforms exactly to the language used in AIA Document A-310, February 1970 Edition. <br />BID70000ZZ0701f <br />