Laserfiche WebLink
CITY OF SANTA ANA <br />BONDS <br />Bond No,: 7652625 <br />Executed in: 3 Counterparts <br />PROJECT NO. 15-6840: WARNER AVENUE PAVEMENT MAINTENANCE <br />PROJECT NO. 16-6858: FIRST STREET PAVEMENT MAINTENANCE <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 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 iinnly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Six Hundred Forty Seven Thousand One <br />Hundred Seventy Four and 50/100 Dollars <br />($ 647,174.50 ), 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, Iinnly by these presents. *of Maryland <br />THE CONDITIONS OF THIS 013LIGATION ARE SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated <br />January 17, 2017 for Project No. 15-6840: Warner Avenue Pavement Maintenance" , <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 />"*Project No. 16-6858: First Street Pavement Maintenance <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />23rd day of March , 2017 <br />CONTRACUOR* A11,Arnerican Asphalt - 400 East Sixth Street, Corona, CA 92879 - Phone (951)736-7600 <br />SURETY* Fidelity and Deposit Company of Maryland - 777 S, Figueroa Street, Suite 3900, Los Angeles, CA 90017 <br />2RAkDavid Wei (213)270-0600 <br />Rebecca Haas -Bates, Attorney -Fn -Fact <br />Subscribed and sworn to before me, **Please See Attached** , this �__ day of <br />, 20_ <br />Signature: <br />Notary Public in and for the County of <br />Rate of premium on this bond is $ 3.95 <br />Total amount of premium charge is $ <br />State of <br />Included in Performance Bond <br />per thousand, <br />To be filled in by Surety <br />*Provide CON.TRAC.TO.R / ADMITTED SLIRETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />3 of 3 <br />