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Bond No. 7665272 <br />Premium: $1,207.00 <br />Premium is for contract term and is subject <br />CITY OF SANTA ANA to adjustment based on final contract price <br />BONDS Executed in: 2 Counterparts <br />PROJECT NO.: 21-6976 <br />FLOWER STREET REHABILITATION FROM MCFADDEN AVENUE TO 111' STREET <br />FAITHFUL PERFORMANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS that All American Asphalt <br />as CONTRACTOR, and Fidelity and Deposit Company of Maryland <br />a corporation, organized and existing under the laws of the State; and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Three Hundred Five Thousand Five Hundred <br />Ninety Eight and 00/100 Dollars <br />($ 305,598.00 ), 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 Illinois <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 16, 2021 for Project No. 21-6976 Flower Street Rehabilitation from McFadden Avenue to 1 st Street <br />if CONTRACTOR faithfully performs and fitlfills 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 terns 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 sea[ this <br />16th day of March , 2021 <br />Shalt - 400 East Sixth Street, Corona, CA 92879 - (951) 736-7600 <br />and Deposit Company of Maryland - 777 S. <br />2MWartrSyrkin, Attorney -in -Fact <br />Subscribed and sworn to before me, <br />20 <br />Signature: **Please See Attached** <br />Notary Public in and for the County of <br />Suite 3900, Los Angeles, CA 90017 <br />State of <br />this -- day of <br />Rate of premium on this bond is $ 3.95 per thousand. <br />Total amount of premium charge is $ 1,207.00 To be filled in by Surety <br />*provide CONTRACTOR /ADiWITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number ofauthorized representative. <br />I of 3 <br />