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D Fidelity and Deposit Company of Maryland Home Office: P.O. Box 1227. Baltimore, MD 21203-1227 BID BOND KNOW ALL MEN BY THESE PRESENTS: That we, ALL AMERICAN ASPHALT BOND NO. 085 97 423 , as Principal, (hereinafter called the "Principal'), and FIDELITY AND DEPOSIT COMPANY OF MARYLAND P.O. Box 1227, Baltimore, Maryland 21203, a corporation duly organized under the laws of the State of Maryland, as Surety, (hereinafter called the "Surety"), are held and firmly bound unto City of Santa Ana as Obligee, (hereinafter called the "Obligee"), in the sum of TEN PERCENT OF THE TOTAL BID PRICE IN -------- Dollars ($ 10% OF TOTAL BID PRICE )Jor the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for Project No. 13-6796 — Chestnut Avenue Class 11 Bikeway from Standard Ave. to Grand Ave.; CM -5063(148), Project No. 14-6813 — Alley Improvement— FY 13/14, No. 14-6803 — Chestnut Avenue Rehabilitation From Broadway to Main Street. Bid Date: Auaust 14. 2014 NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a contract with the Obligee in accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding or contract documents with good and sufficient surety for the faithful performance of such contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter into such contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee. may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. Signed and sealed this 31st day of duly A D 2014 R. Paiamo, Notary Public 6Yitness ALL AMERICAN ASPHALT_ (SEAL) y P tncrpat 7erf Pcra ltr� =ANYOFMARYLAND elgk FIDELITY AND DEPOSIT CO ,Surety By.57 fi'*'E6.r.yQo �cio .....�.._ (SEAL) Rebecca Haas -Bates Attorney -in -Fact Printed in cooperation wish the American Ins ti tutc of Architects (AIA) by Fidelity and Deposit Company of Maryland . Fidelity and Deposit(, oropany of Maryland vouohas that the language in the document contbmis exactly to the language used in AIA Dooumcat Ad 10, February 1970 Edition 131 D7000OZZ0701f