Cities Index.
Att#3 Guarantee & Warranty Bond

City Council/Public Financing Authority
May 3, 2022

Document
Att#3 Guarantee & Warranty Bond
Meeting
May 3, 2022
Body
City Council/Public Financing Authority
Original file
2.5 MB
Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

BOND NO._ 0195161M
PREMIUM Included in the Performance Bond

GUARANTEE AND WARRANTY BOND
WHEREAS,_ Shea Homes Limited Partnership, a California Limited Partnership _ as a Principal, and Berkley Insurance Company _ a
corporation organized under the laws of the State of Delaware and duly authorized to do business in the State of California, as Surety, are held and firmly bound unto the City of Huntington Beach, California, as Obligee, in the penal sum of Two Hundred Thirty Seven Thousand Three Hundred Seventy-Seven and 10/100 - - - ($237,377.10), representing 10 percent of the contract price entered into between the Principal and Obligee, to which payment well and truly to be made we do bind ourselves, and each of our heirs, executors, administrators, successors and assigns jointly and severally.

WHEREAS, the said Principal entered into a contract with said Obligee, dated December 7, 2015 for work described as follows:

Parkside Estates - Subdivision Improvements Tract No. 15377(R) and 15419(R) Slater Pump Station (Plan L14-146)
WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee and warrant for the period of one year after completion of the work and acceptance thereof by the Obligee, against all defects in workmanship and materials during said one-year period.

WHEREAS, said work has been completed, and accepted by Obligee on NOW, THEREFORE, the Principal and Surety, jointly and severally shall indemnify the Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship, which become apparent during the period of one year from and after date of completion of work and acceptance thereof by Obligee.

In witness whereof, this instrument has been duly executed by the principal and surety above named, on March 8th , 20_22
Shea Homes Limited Partnership, a California Limited Partnership *see attached signature block , as Principal
By _Berkley Insurance Company
By
JANINA MONROE, Attorney-in-Fact
Bond Number: 0195161M

SHEA HOMES LIMITED PARTNERSHIP,
a California limited partnership
Name:

Title: Cory Yoder
Authorized Agent
Name: T Gina Gordon
Title: Authorized Agent

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

State of California Orange
County of
March 29, 2022 before me,_ Bonnie MacEwan-Campbell, Notary Public On
(insert name and title of the officer)
personally appeared -- Cory Yoder and Gina Gordon
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 1 certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal. BONNIE MACEWAN-CAMPBELL Notary Public - California
Orange County INN
Commission# 2239892
My Comin. Expires May 24, 2022
signature Billia (lapo
(Seal)

ALL- PURPOSE

CERTIFICATE OF ACKNOWLEDGMENT
State of California
County of Orange }
MAR 0.8 2022 Gina L Garner, Notary Public
On before me, _
(Here insert name and title of the officer)
personally appeared Janina Monroe
who proved to me on the basis of satisfactory evidence to be the persons whose name(s) is/axe subscribed to the within instrument and acknowledged to me that e/she/they executed the same in his/her/their authorized capacity(iøs) and that by kis/her/tixexix signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

GINA L. GARNER
Notary Public - California
WITNESS my hand and official seal. Orange County
Commission # 2361777
My Comm. Expires Jun 18, 2025
Notary Public Signature (Notary Public Seal)

ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM This form complies with current California statutes regarding notary wording and, DESCRIPTION OF THE ATTACHED DOCUMENT if needed. should be completed and attached to the document. Acknolwedgents from other states may be completed for documents being sent to that state so long as the wording does not require the California notary to violate California notary law. (Tille or description of attached document) • State and County information must be the State and County where the document signer(s) personally appeared before the notary public for acknowledgment. • Date of notarization must be the date that the signer(s) personally appeared which (Title or description of attached document continued) must also be the same date the acknowledgment is completed. • The notary public must print his or her name as it appears within his or her Number of Pages. Document Date commission followed by a comma and then your title (notary public). • Print the names) of document signers) who personally appear at the time of notarization.

CAPACITY CLAIMED BY THE SIGNER • Indicate the correct singular or plural forms by crossing off incorrect forms (i.e. he/she/they, is /ere) or circling the correct forms. Failure to correctly indicate this • Individual (s) information may lead to rejection of document recording. • Corporate Officer • The notary seal impression must be clear and photographically reproducible.

Impression must not cover text or lines. If seal impression smudges, re-seal if a (Title) sufficient area permits, otherwise complete a different acknowledgment form. • Signature of the notary public must match the signature on file with the office of • Partners)
the county clerk.
• Attorney-in-Fact Additional information is not required but could help to ensure this | Trustee(s) acknowledgment is not misused or attached to a different document.

Indicate title or type of attached document, number of pages and date. • 1 Other Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer, indicate the title (i.e. CEO, CFO, Secretary). 2015 Version www.NotaryClasses.com 800-873-9865 • Securely attach this document to the signed document with a staple.

No. BI-7798e-el

POWER OF ATTORNEY

BERKLEY INSURANCE COMPANY

WILMINGTON, DELAWARE
KNOW ALL MEN BY THESE PRESENTS, that BERKLEY INSURANCE COMPANY (the "Company"), a corporation duly organized and existing under the laws of the State of Delaware, having its principal office in Greenwich, CT, has made, constituted and appointed, and does by these presents make, constitute and appoint: Janina Monroe; Thomas G. McCall; Michelle Haase; Timothy J. Noonan; or Martha Barreras of Lockton Companies, LLC dba Lockton Insurance Brokers, LLC of Irvine CA its true and lawful Attorney-in-Fact, to sign its name as surety only as delineated below and to execute, seal, acknowledge and deliver any and all bonds and undertakings, with the exception of Financial Guaranty Insurance, providing that no single obligation shall exceed Fifty Million and 00/100 U.S. Dollars (U.S.$50,000,000.00), to the same extent as if such bonds had been duly executed and acknowledged by the regularly elected officers of the Company at its principal office in their own proper persons.

This Power of Attorney shall be construed and enforced in accordance with, and governed by, the laws of the State of Delaware, without giving effect to the principles of conflicts of laws thereof. This Power of Attorney is granted pursuant to the following resolutions which were duly and validly adopted at a meeting of the Board of Directors of the Company held on January 25, 2010:

RESOLVED, that, with respect to the Surety business written by Berkley Surety, the Chairman of the Board, Chief Executive Officer, President or any Vice President of the Company, in conjunction with the Secretary or any Assistant Secretary are hereby authorized to execute powers of attorney authorizing and qualifying the attorney-in-fact named therein to execute bonds, undertakings, recognizances, or other suretyship obligations on behalf of the Company, and to affix the corporate seal of the Company to powers of attorney executed pursuant hereto; and said officers may remove any such attorney-in-fact and revoke any power of attorney previously granted; and further RESOLVED, that such power of attorney limits the acts of those named therein to the bonds, undertakings, recognizances, manner and to the extent therein stated; and further
RESOLVED, that such power of attorney revokes all previous powers issued on behalf of the attorney-in-fact named; and RESOLVED, that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any power of attorney or certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligation of the Company; and such signature and seal when so used shall have the same force and effect as though manually affixed. The Company may continue to use for the purposes herein stated the facsimile signature of any person or persons who shall have been such officer or officers of the Company, notwithstanding the fact that they may have ceased to be such at the time when such instruments shall be issued.

IN WITNESS WHEREOF, the Company has caused these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this 8th
Attest: Berkley Insurance Company

NSURANCE

SORPORATT
By By
SEA Ira S. Lederman
firey M. Hafi
1975
Executive Vice President & Secretary eniar Vice Preside

DELAWARE

STATE OF CONNECTICUT)

COUNTY OF FAIRFIELD
Sworn to before me, a Notary Public in the State of Connecticut, this 14th day of December 2021 - by Ira S. Lederman and Jeffrey M. Hafter who are sworn to me to be the Executive Vice President and Secretary, and the Senior Vice President, respectively, of Berkley Insurance Company. MARIA C RUNDBAKEN NOTARY PUBLIC lain C. ludbaker

CONNECTICUT

MY COMMISSION EXPIRES
APHIL 30, 2024 Notary Public, State of Connecticut

CERTIFICATE
I, the undersigned, Assistant Secretary of BERKLEY INSURANCE COMPANY, DO HEREBY CERTIFY that the foregoing is a true, correct and complete copy of the original Power of Attorney; that said Power of Attorney has not been revoked or rescinded and that the authority of the Attorney-in-Fact set forth therein, who executed the bond or undertaking to which this Power of Attorney ff attached, is in full force and effect as of this date.

ORPORtive under my hand and seal of the Company, this day of SEAL
1975
DELAWARE Vincent P. Forte

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