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CITY OF SANTA ANA Bond No.; GOLST-332 <br />PROPOSAL <br />PROJECT NO.: 16-2671 <br />BOMO KORAL SIDEWALK. RENOVATION <br />KNOW ALL PRESENT that, <br />Golden State Constructors , as BIDDER, and <br />North American Specialty Insurance Company , as SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of <br />Ten Percent Of The Total Amount Bid Dollars ($ 10% Of Bid ), which is ten percent (10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sura, BIDDER and SURETY agree to be bound, jointly and severally, firinly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to <br />submit a bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time <br />specified, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their naives, titles, hands, and seal this <br />_6th day of December 2016 <br />BIDDER* <br />Golden State <br />SURETY* <br />North AmericA Specialty Insurance <br />Matthew R. Dobyns, Attorney -in -Fact <br />Subsc_xibed.and sworn to before nae <br />20_ <br />Signature: <br />Notary Public in and for the County of <br />, State of <br />208 E. Orangethorpe Ave. <br />Placentia, CA 92870 <br />Telephone: (714) 625-8758 <br />6 Hutton Centre Drive, Suite 850 <br />Santa Ana, CA 92707 <br />Telephone: (714) 550-7799 <br />this day of <br />* Provide BIDDER/ SURETY naive, address, and telephone number and the name, title, <br />address, and telephone number of authorized representative. <br />P-8 of P-17 <br />