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CITY OF SANTA ANA Bond No.9279993 <br />BONDS <br />PROJECT NO.: 17-6893 <br />WARRANTY PERFORMANCE AND PAYMENT BOND <br />(To be submitted upon project completion as a condition of project acceptance) <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 />Fourteen Thnusand Five Hundred Fifty and 401100 Dollars <br />($ 14 550 40 ), which is -2o— percent of the final 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 AR E 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 protect No 17-6893 Warner Avenue & Flower Street Traffic Signal Modification , <br />if CONTRACTOR faithfully warrants the work done under said Contract Agreement against <br />material or quality defects for a period of one year after acceptance by the AGENCY, then this <br />obligation shall be null and void, otherwise it shall remain in full force and effect in favor of <br />AGENCY; provided that any alterations in the obligations or time for completion made pursuant <br />to the terms of the contract documents shall not in any way release either CONTRACTOR or <br />SURETY, and notice of such alterations is hereby waived by SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />20th day of May , 20 19 <br />CONTRACTOR* <br />to before me, , this day of <br />Public in and for the County of State of <br />Rate of premium on this bond is $ o.00 per thousand. <br />Total amount ofpremium charge is $ o.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 />*ofIL <br />3 of <br />