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Bond No.: PB 115104 00457 <br />Premium: $6,690.00 <br />Attachment B <br />BOND FOR FAITHFUL PERFORMANCE <br />KNOW ALL MEN BY THESE PRESENTS THAT: <br />WHEREAS, The City of Santa Ana, State of California, and <br />Green Giant Landscape, Inc. <br />(hereinafter designated as "Principal") have entered into an agreement whereby Principal agrees to install and <br />complete certain designated public improvements, which said agreement, <br />dated July 7, 2015 <br />entitled" Project No. 14-7515; Memorial Park Security Lighting <br />is hereby referred to and made a part hereof; and <br />WHEREAS, said Principal is required under the terms of said agreement to furnish a Bond for Faithful <br />Performance of said agreement. <br />NOW, THEREFORE, we, the principal and Philadelphia Indemnity Insurance Company <br />as Surety, are held and firmly bound unto the City of Santa Ana (hereinafter called "City"), in the penal sum of <br />Three hundred Thirty Four Thousand Five Hundred and 001100s DOLLARS (S 334,500.00 ) lawful <br />money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our <br />heirs, successors, executors and administrators, jointly and severally, firmly by these presents. <br />The condition of this obligation is such that if the above bounded Principal, his or its heirs, executors, <br />administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and <br />perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as <br />therein provided, an his or their part, to be kept and performed at the time and in the manner therein specified, <br />and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its <br />officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it <br />shall be and remain in full force and effect. <br />As part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be <br />included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in <br />successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. <br />1 <br />