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CITY OF SANTA ANA <br />BONUS Bond No, 9279993 <br />PROJECT NO.: 17-6893 <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that Elecnor Belco Electric, Inc. <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <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 />Seventy Seven Thousand Seven Hundred Fifty Two and 00/100 Dollars <br />($ 77,752.00 ), 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. <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 />April 3, 2018 for Project No. 17-6893 Warner Avenue & Flower Street Traffic Signal Modification <br />if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work <br />of Irnprovement 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 />oth _ day of April , 20 18 . <br />Belco Electna, Inc., 1432C Albers Way, China, CA 91710, bapq.6�0/agyl('mPeroaitlemkTwArsepa2aGioss9wls�®m, Tel'. 909 993-5470 ext 254 <br />Fidelity and Deposil Company of Maryland, 1299 ZURIUH WAY, 5TH FLOOR, SCHAUMBURG, IL 60196-1056, Tel (847) 60543000 <br />SURETY* Margaret Hartz 717 South Figueroa SL qge , CA 90 (213-270-075 <br />i" a Sanford, Attomey-In-Fact <br />Subscribed and sworn to before me, this day of <br />20 <br />Signature: <br />Notary Public in and for the County of State of <br />Rate of premium on this bond is $ 3.87 Sliding Scale per thousand. <br />Total amount of premium charge is $ snl on . To be filled in by Surety <br />*Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />MD <br />I of 3 <br />Yt <br />I <br />