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BOND# 08739254 <br />CITY OF SANTA ANA PREMIUM: NIL <br />PROPOSAL <br />Project No. 13-2638: Portola Park Improvements (Parking Lot, Basketball, Tennis Court <br />Renovation) <br />BID BOND <br />KNOW ALL PRESENT that, <br />BEN'S ASPHALT, INC. as BIDDER, and <br />FIDELITY AND DEPOSIT COMPANY OF MARYLAND as SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of _ <br />TEN PERCENT OF AMOUNT BID_ Dollars ($ 10% 1, which is ten percent (10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sum, BIDDER and. SURETY agree to be bound, jointly and severally, firmly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to <br />submit a bid to AGENCY for fixe above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time <br />specified, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />_Jt TH clay of JUNE 120 15, <br />BIDDER* 2200 S. YALE STREET <br />RFN'CZ ASPHALT, INC. SANTA ANA, CA 92704 PH. 714-540-1700 <br />SURETY* C/O ZURICH 1400 AMERICAN LANE <br />FIDELITY AND DEPOSIT COMPANY OF MARYLAND SCHAUMBURG, IL 60196 213-270-0600 <br />Subscribed and sworn to before me <br />Signature: <br />Notary Public 't and he County of <br />, Stats of <br />this day of <br />*Provide BIDDER/`SURETY name, address, and telephone number and the name, title, address, <br />and telephone number of authorized representative. <br />CULBERTSON INSURANCE SERVICES, INC. <br />5500 E SANTA ANA CANYON ROAD, STE. 201 <br />ANAHEIM, CA 92807 714-921-0530 <br />BP -8 <br />