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Duplicate Orlginal supersedes Bonds Dated: July 7, 2015 <br />CITY OF SANTA ANA <br />Bond No. 7645257 <br />BONDS Premium: $9,766.00 <br />Premium is for contract term and is subject to <br />PROJECT NO.: 15-6839 adjustment based on final contract price <br />LOCAL STREET SLURRY SEAL 2014-15 Executed in Three Counterparts <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that All American Asphalt <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <br />a corporation, organized and existing under the laws of the State*and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Two Million Four Hundred Seventy Two <br />Thousand Five Hundred & 00/100------- Dollars <br />($ 2,472,500.00 ), 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 Maryland <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 />July 7, 2015 for Project No. 15-6839: Local Street Slurry Seal <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 />13th day of August ___12015 . <br />400 East Sixth Street, Corona, CA 92879 <br />SURETY* Fidelity mid Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 <br />Rebecca Haas -Bates, Attorney -in -Fact <br />Subscribed and sworn to before me, **See Attached** <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 $ _t- <br />766.00 <br />13) 270-0600 David Wei <br />this _ day of <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 />