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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 16.2565 t' <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that Foddrill Construction Corporation <br />Bond # Bd 747053 <br />Premium: $10,705.00 - Premium <br />based on final contract amount <br />as CONTRACTOR and Nationwide Mutual Insurance Company <br />a corporation, organized and existing under the laws of the S tate, and duly authorized to transact <br />business under the laws of the State of Califor nia, as SURETY, are held and firm ly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Seven Hundred Twenty Thousand Four Hundred <br />Ninety Nine and 33/100 Dollars <br />(S 720.499.33 1, which is 100 percent of the total contract amount for t he above stated <br />project, for the payment of which surn, CONTRACTOR and SURETY agree to be bound, jointly <br />and severally, firmly by these presents. <br />THE CONDITIONS OF THIS OBLIGATION AR E SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated <br />Soptember 7.2016 for Security Lighting 8 Parks <br />if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work <br />of Improvement to be done uncle r said Contract Agreem ent in the in armer and tim e specked <br />therein, then this obligation shall be null and void, other wise it shall rem ain in full f orce and <br />effect in favor of AGENCY; pr ovided that any alterations in the obligations or tim e for <br />completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice of such alte rations is hereb y waived by <br />SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />6th day of _;ti=mber 12016 <br />CONTRACTOR* <br />SURETY* <br />Subscribed and sworn to bchfore me, <br />20 <br />Signature: <br />Notary Public in and for die County of <br />State of <br />this day of <br />Rate of premium on this bond is S Various per thousand. <br />Total amount of premium charge is $ 8.705.00 To be filled in by Surety <br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />1 of 3 <br />