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Exhibit 3 <br />CITY OF SANTA ANA <br />CONSTRUCTION CONTRACT <br />PROJECT NO. 16 -6859 <br />LOCAL STREET SLURRY SEAL FY 2015 -2016 <br />This CONSTRUCTION CONTRACT is made and entered into this 2 °d day of August, 2016, by <br />and between the CITY OF SANTA ANA, CALIFORNIA, a charter city and municipal <br />corporation organized and existing under the Constitution and laws of the State of California, <br />hereinafter referred to as "CITY" and Petrochem Materials Innovation, LLC., hereinafter <br />referred to as "CONTRACTOR ". <br />WITNESSETH: <br />The CITY and the CONTRACTOR, for the consideration hereinafter named, mutually agree as <br />follows: <br />1. CONTRACTOR agrees to perform all the work and furnish all the materials at its own cost <br />and expense necessary to construct and complete in a good and workmanlike manner and to <br />the satisfaction of the City Engineer of the CITY, the LOCAL STREET SLURRY SEAL FY <br />2015 -2016- Project, hereinafter referred to as the "Work of Improvement" identified in and in <br />accordance with the Contract Documents prepared by the City's Public Works Agency and <br />approved by the City Council. <br />2. The complete Construction Contract consists of the "Contract Documents" as defined by the <br />Standard Specifications for Public Works Construction and which include the following: <br />• Notice Inviting Bids <br />• Information to Bidders <br />• Bid Proposal <br />• Bid Bond <br />• Contract Form <br />• Contract Bonds <br />• General Provisions <br />• Special Provisions <br />• Technical Provisions and Project Plans <br />• Appendices <br />In case of conflict between the Contract Documents, the precedence of documents shall be as <br />established in the Standard Specifications for Public Works Construction. <br />3. CITY agrees to pay and CONTRACTOR agrees to accept in full payment to complete the <br />Work of Improvement the sum total amount not to exceed $1,515,876.00 — One Million Five <br />Hundred Fifteen Thousand Eight Hundred Seventy -Six Dollars and no cents, as set forth and <br />identified in the BID PROPOSAL, which is attached hereto and incorporated herein as <br />Exhibit "A." <br />Exhibit 3 <br />Page 1 of 3 <br />23A -29 <br />