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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 16-6467 <br />Bond No. 024068664 <br />**Premium Included on <br />Performance Bond** <br />KNOW ALI, MEN BY THESE PRESENTS that Lonerock, Inc. <br />as CON,rRACTOR, and The Ohio Casualty Insurance <br />a corporation, organized and existing Linder 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 Four million five hundred nip <br />,three th-omond-th-ree-h.un.drgdmventy.-five-&.......____. . ...... . ...... -- Dollars <br />($-4,s93,a7s.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, finely by these presents, <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 />November 15 2016 _ for Santa Ana Delhi Channel Diversion / Pro'ect # 16-6467 � <br />if CONTRACTOR or any subcontractor fails to pay for any labor or material orany kind used in <br />the performance of the Work of Improvement to be done under said Contract Agreement, or fails <br />to submit amounts due Linder the State Unemployment Insurance Act with respect to said labor, <br />SURETY will pay for the same in an amount not exceeding the sum set forth above, which <br />amount shall insure to the benefit of all persons entitled to file claims under the State Code of <br />Civil Procedures; provided that any alterations in the work, to be done, materials to be furnished, <br />or time for completion made pursuant to the terms of the contract documents shall not in any <br />way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived <br />by SURETY, <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />14tb-- day of 20-16,. <br />Dragan <br />Dean E. Brown - Attorney -In -Fact <br />Subscribed and sworn to before me, this _day of <br />20—, <br />Signature: <br />Notary Public in and for the County of State of <br />Rate of premium on this bond is inched thousand. <br />Total amount of premium charge is $ jnctuded-------.,--, To befilled in by Surety <br />"Ilro vide CONTRA CTOR / ADM7TED SURFE TY naive, address, and tc lephone manher and die <br />rune, fide, address, and telephone number oJ'anthorized representative. <br />2 of 3 <br />