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CITY OF SANTA ANA BONDS PROJECT NO.; 17-6881 PAYMCINT HQN1) Bond No.: 7654839 Premium is included in the performance bond Executed in: 1 Counterpart KNOW ALL MEN k3Y ["HESE l Rt:SEN"1`S thatAll American Asphaltw as CONTRACTOR, and Fidelity and Deposit Company of Maryland a corporation. organized and existing, tinder the haws o1 the Stag, and duly authorized to transact business under die laws of the State ofCali[o-nia, ,is SURETY, are held and linnly bound unto the City of Santa Ana, its AGENCY, in the penal sum of' One Million Three Hundred Eighty Nine Thousand Two Hundred Ninety Seven and O�j(Q_0 _ Dollars ($_I,389 297.00 ), which is 100 peretent of the total contract amount for the above stated projectt, Por the payinent of'which sura, CONTRACTOR and SURETY agree to be bound, jointly and severally. firmly by tho*ie pt'eseolw, *©f Maryland THF.' CONDITIONS OF 'l'HIS OBLIGATION ARL; SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract AgiTotnent with AGENCY dated October 3, 2017 _for Project No. 17-6881, Fairview Street Pavement Mantena c� e if COINTRACTOR or any ,subcontractor fails to tray for any labor or material of any kind used in ilia per[ormance oPthe Work of lmprovetnent to he done under said Contract Agroemenl, or Pitta to submit amounts due under the Stott k Jnornploymcnt Insurance Act with respect to said labor, SURETY will pay rut the saute in an ainoutrt not exceeding the sutra set Borth above, which amount shall insure to the hencfit of"till persons entitled to file claims under the State Code of Civil f'rocedures; provided that any alterations in the work to he done, materials to be Furnished, or time [err completion made pursuant to the tont" of' the contract documents shall not in any wuy release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURELY. "from Segerstrom to North City Limit IN WETNESS WHEREOF the parties hereto have sct their names, titles, hands, and seal this 20th day of October _ -- , 2017 . C(0)NTRACTOR* All American Asphalt - 409 East Sixth Street, Corona, CA 92879 - Phone 1961}736:7600 _ _ SURETY* Fidelity and Deposa Campany of Maryland -777 S. Figueroa Street, Su Ito 3900, Los Angela s, CA 90017 Sufrsvribed and sworn to b6ore tie, *Please See Atkached** this ___ __._day of 20 Signature: �. ccr sous, la<G M'Gsi Notary public in and 'for the; County of__ _ State of Rate of premium on this bond is $ 3-95 _ per thousand. Total amount ofprcmiurn charge is S Included In performance bond , To befii/er7in by Surety *Provide CONTRACTOR I AJrA-tI77*hD SURETT trume, address, and lelephrnle nturthtrr unci the Inane. 1111c, address. ernd telephone- ntnuher of aatrthorisect rr/>re,crrtttrrit'e. 2 of 3