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RUIZ CONCRETE & PAVING INC.
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RUIZ CONCRETE & PAVING INC.
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Last modified
10/5/2015 10:55:43 AM
Creation date
10/5/2015 10:21:32 AM
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Contracts
Company Name
Ruiz Concrete & Paving Inc.
Contract #
16-6849
Agency
Public Works
Council Approval Date
9/1/2015
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BOND NO. 07646170 <br />PREMIUM INCLUDED IN <br />PERFORMANCE BOND <br />Attacbment, A <br />CONTRACTOR'S PAYMENT BIND <br />KNOW ALL MEN BY THESE. PRESENTS, THAT; <br />WHEREAS, the City of Santa, Ana, State of California, and <br />RUIZ CONCRETE & PAVING,INC. <br />(hereinafter designated as "Principal") have entered into an ag oment whereby Principal agrees to install and <br />complete certain designated public itnprovernents, which said agreernent, dated SEPTEMBER 1 2015 <br />entitled " CITYWIDE CONCRETE IMPROVFMNTS, PROJECT NO. 16-6849" <br />is hereby referred to and made a part hereof; and } <br />WHEREAS, u4der the tarms'of said agreement, Principal is required before entering upon the performance of the <br />work, to file a good and suffiieient Contractor's Payment Bond with the City of Santa A,na to secure the claims to <br />which reference is made in Title 3, ('commencing with Section 9000) of fart 6 of Division 4 of the civil Cpde of <br />the State of California. <br />NOW THFF.F. QIP, said Principal and the undersigned as corporate Surety, are held firmly bound unto the C[TY <br />OF SANTA ANA. and all contractors, subcontractors, laborers, trratCrialuaerr and other persons employed in the <br />�pperformance of the aforesaid agreement find referred to in the aforesaid Civil Code, in the swn of <br />*SIX HUNDRED SEVEN THOUSAND NINETY—FOUR 33/1 @kLLApS (S 607,094.33 <br />for msterials f lmisbed or labor thereon of any lead, or for atnounts due under the Unennploytraent ]nsuraaoce p,� <br />with respect 4o such work or labor or for any amounts requixed to be deducted, withhold and paid over to the <br />i�ranchise Too Board fzam the wages of employees of the Principal and his subcontractors ,pursuant to section <br />18$06 of the Revenue and Taxation Code, with respect to suck► work and labor; that said Surety will pay the same <br />in an amount not exceeding the .arnoupt hereinabove set forth, and also in case suit is brought upon this Bond, will <br />pay, is addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attomey's <br />foes, incurred by the City iia successfully enforcing such obligation, to be awarded and fixed by the court, and to be <br />taxed as costs and to be included, iu the judginent therein rendered, <br />IT IS 1• MEBY"EXPRESSLY STIPULATED AND AGUED that this Bond Shall inure to the benefit of any and <br />all persons, companies and corporations itatitled to (ile claims Title 3, (commerrcirrg with Seatiori 9.q0©} of Fort b <br />of Division 4 of the Cavia Cade, so as to give a right of actioa to them or their assigns in any suit brought upon thus <br />Band. <br />Should the condition of this bond be Sully performed, then this obligation shell become mall and void, otherwise it <br />shall be and remain in full force acrd 4ect, <br />11 <br />
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