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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 16-2665 <br />PAYMENT BOND <br />Bond # 6d 747053 <br />Premium: Included <br />KNOW ALL MEN BY THESE PRESENTS that Foddrill Construction Corporation <br />as CONTRACTOR, and Nationwide Mutual Insurance Company <br />a corporation, organized and existing under the laws of the State, 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 />($ 720,999,33" ), which is 100 percent of the total contract amount fort he above stated <br />project, for the payment of which sum, 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 />5e tember 7; 2016 for SecurRy Lighting at B Parks <br />if CONTRACTOR or any subcontractor fails to pay for any labor or material of any 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 under the State Unem ployment Insurance Act with respect to said labor, <br />SURETY will pay for the sam a in an am ount 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, in aterials to be furnished, <br />or time for completion made pursuant to the terns of the contract docum ents 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 />8th day of September . 20 <br />CONTRACTOR* <br />SURETY* <br />Subscribed and sworni'te-bec e me, <br />20 <br />Signature: <br />Notary Public in and for the County of I State of <br />Rate of premium on this bond is $ Various <br />Total amount of premium charge is S included <br />this day of <br />per thousand. <br />To be filled in by Surety <br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the <br />name, rifle, address, and telephone number of authorized representative. <br />2of3 <br />