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CITY OF SANTA ANA BONDS PROJECT NO.: 18-6613 Bond No.: 72BCSHK5927 C-5-F CHANNEL REPAIR PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that Bosco Constructors Inc. as CONTRACTOR, and Hartford Fire Insurance Company a corporation, organized and existing under the laws of the State, and duly authorized to transact business under the laws of the State of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of One Hundred Sixteen Thousand and No/100 Dollars ($ 116,000.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which ,sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated June 18, 2019 for Project No.: 18-6613 C-5-F Channel Repair if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 27th day of June 20 19 Bosco Constructors Inc. CONTRACTOR* 21353 Mayall Street. Chatsworth, CA 91311/818-306-3884 Hartford Fire Insurance Company SURETY* 'Oggl?n�te Drive• Brea, CA 92821/714-674-1307 Subscribed and sworn to before me, See attached ACKNOWLEDGMENT this day of 20 Signature: 7M Notary Public in and for the County of , State of Rate of premium on this bond is $ Included on tee Faunae Performance Bond per thousand. Total amount of premium charge is $ N/A . To be filled in by Surety *Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2 of 3