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CITY OF SANTA ANA <br />CONTRACT <br />KNOW ALL MEN BY THESE PRESENTS that <br />as CONTRACTOR and a corporation organized and existing <br />under the laws of the State, and duly authorized to transact business under the laws of the State of <br />California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal <br />sum of Dollars ($ ), <br />which is 100 percent of the total contract amount for the above stated project, for the payment of <br />which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is <br />about to enter into the annexed Contract Agreement with AGENCY dated <br />for <br />if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the <br />performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit <br />amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay <br />for the same in an amount not exceeding the sum set forth above, which amount shall insure to the <br />benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any <br />alterations in the work to be done, materials to be furnished, or time for completion made pursuant to <br />the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and <br />notice of said alterations is hereby waived by SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />day of , 20_ <br />CONTRACTOR* <br />SURETY* <br />Subscribed and sworn to before me <br />,20 <br />Signature: <br />Notary Public in and for the County of <br />, State of <br />this day of_ <br />Rate of premium on this bond is $ per thousand. <br />Total amount of premium charge is $ . To be filled in by Surety <br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, <br />address, and telephone number of authorized representative. <br />Section 4- c CoohoctEmds 09 22_ 2014 23A!.54 <br />