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Bond No.: 08712169-M <br />CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 20-7532 <br />LOCAL STREET CURB RAMP IMPROVEMENTS <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 Vido Samarzich, 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 One Hundred Thirty Five Thousand Two Hundred <br />Sixty Six and 06/100 Dollars <br />($ 135,266.06 ), which is 25 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 ARE SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated <br />July 16th, 2019 for Local Street Curb Ramp Improvements <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 />4th day of March ,2020 <br />CONTRACTOR* <br />SURETY* Fidelity and <br />Matthew R. Dobyns, Al <br />Subscribed and sworn to before me, <br />20 <br />Signature: <br />Notary Public in and for the County of . State of <br />6829 Billings Place <br />Rancho Cucamonoa. CA 91701 <br />Telephone:(909) 987-6377 <br />777 S. Figueroa Street, Suite 3900 <br />this day of <br />Rate of premium on this bond is $ Included with performance/payment bondsper thousand. <br />Total amount of premium charge is $ Included with performance/payment bonds , 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 />3 of 3 <br />