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CITY OF SANTA ANA <br />PREMIUM IS FOR THE CONTRACT TERM AND IS SUBJECT BONDS <br />TO ADJUSTMFNT BASED ON FINAL. CONTRACT PRICE Bond No. CAC715831 <br />PROJECT NO.: 17-6612 Premium: $2,200.00 <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that ARNAZ Engineering Contractors, Inc. <br />as CONTRACTOR, and Merchants Bonding Company (Mutual) <br />a corporation, organized and existing under the laws of the State; and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of. <br />Two Hundred Twentv Thousand & 00/100 ------------------ <br />Dollars <br />($ 220,000.00 ), 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, firmly by these presents. * of Iowa <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 />March 21, 2017 for Urgent Repairs- Various Locations <br />if CONTRACTOR faithfully perforins and fulfills all obligations in the performance of the Work <br />of Improvement to be done under said Contract Agreement in the manner and time specified <br />therein, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY; provided that any alterations in the obligations or time 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 alterations is hereby waived by <br />SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands,--and-seal this <br />13th day of February 2018 . <br />Engineering Contractors, Inc., 1035 Armando Street, Ste. X, Anaheim, CA 92806 (714)666-1765 <br />Merchants Bonding Company (M;Aal), P.O. Box 14498, Des Moines, IA 50306 <br />Vanessa CopelAnd, Attorney -In -Fact, 151 Kalhvs Dr., A201, Costa Mesa, CA 92626, (714) 546-5100 <br />Subscribed and sworn to before me, this day of <br />20 <br />Signature: See Attached <br />Notary Public in and for the County of <br />State of <br />Rate of premiutn on this bond is $ 10.00 for the first $500m per thousand. <br />Total amount of premium charge is $ $2,200.00 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 <br />