Cities Index.
Att#2 Bonds FP LM Mon (Shea)

City Council/Public Financing Authority
September 6, 2022

Document
Att#2 Bonds FP LM Mon (Shea)
Meeting
September 6, 2022
Body
City Council/Public Financing Authority
Original file
864 KB
Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

JUNU NU. CMS0349976
PREMIUM_$$67,00

FAITHFUL PERFORMANCE BOND
WHEREAS, the City Council of the City of Huntington Beach, State of California, and Shea Homes Limited Partnership, a California limited partnership (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to install and complete designated public improvements, which said agreement, date... 20 and identified as project Cameron Lane, Tao No. 12158 hereby referred to and made a part hereof; and WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement.

Now, therefor, we, the principal and_RLI Insurance Company as surety, are held and firmly bound unto the City of Huntington Beach, hereinafter called "City", the penal sum of_Ninety Four Thousand Four Hundred Ninety Five and 50/100 _dollars ($94,495.50 lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally firmly by these presents.

The condition of this obligation is such that if the above bounded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenant, condition and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless "City", its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.

As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees incurred by " City in successfully enforcing such obllgation, all to be taxed as costs and included in any judgment rendered
FAITHFULL PERFORMANCE BOND PM...doc
The surety hereby stipulates and agrees that no charge, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications.

In witness whereof, this instrument has been duly executed by the principal and surety above named, on. July 2lst 12022
Shea Homes Limited Partnership, a California limited partnership, as Principal By *See attached signature block
By.
- as Surety
By_Edward C. Spector, Attorney-in-Fact

APPROVE D AS TO FORM
By:_

CEOF HUMNETOT BEALL
FAITHFULL PERFORMANCE BOND FM..doc
Bond Number: CMS0349976

SHEA HOMES LIMITED PARTNERSHIP,
a California lil lited partnership
Name: Gina Gordon
Title: Authorized Agent
Name:

Title:

John C. Danvers
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
County of Los Angeles
JUL 2 1 2022
before me, Marina Tapia, Notary Public, personally appeared Edward C. Spector who proved to me on the basis of satisfactory evidence to be the person(8) whose name(g) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/het/theit authorized capacity(ies), and that by his/he#/theit signature(8) on the instrument the person(8), or the entity upon behalf of which the person(8) 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.

MARINA TAPIA WITNESS my hand and official seal.

COMM. # 2333302
VRS5 NOTARY PUBLIC - CALIFORNIA C

LOS ANGELES COUNTY
My Comm. Expires Oct 7, 2024
Marix Use
Signature
Signature of Notary Public

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
County of Orange
On July 25, 2022 before me, - Bonnie MacEwan-Campbell, Notary Public (insert name and title of the officer)
personally appeared ----_-- Gina Gordon and John C. Danvers - who proved to me on the basis of satisfactory evidence to be the person(s) whose names) 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.

I 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
Commission #2407104
My Comm. Expires Jun 6, 2026
Signature De (Seal)

POWER OF ATTORNEY
RLI Insurance Company
Contractors Bonding and Insurance Company
25 N. Lindbergh Dr. Peoria, IL 616
none: 800-645-24
Know All Men by These Presents:

That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired.

That RLI Insurance Company and/or Contractors Bonding and Insurance Company, each an Illinois corporation, (separately and together, the "Company") do hereby make, constitute and appoint: ( Janina Monroe, Michelle Haase, Timothy Noonan, Adriana Valenzuela, Jennifer Ochs, Martha Barreras, Sarah Campbell, Rhonda Larson. Charles R. Teter, III, B. Aleman, Erin Brown, D. Garcia, Simone Gerhard, Edward C. Spector, Ethan Spector, Marina Tapia, KD Wapato, Rachel A. Mullen, Lisa Marie Saumur, jointly or severally California _ its true and lawful Agents) and Attorneys) in Fact, with fil power and authority hereby confered, to sign, execute, acknowledge and deliver for and on is bchalf as Surety, in general, any and als bonds and undertakings in an amount not to exceed Twenty Five Million ($25,000,000.00 _ for any single obligation.

The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon the Company as if such bond had been executed and acknowledged by the regularly elected officers of the Company.

Rul Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted by the Board of Directors of each such corporation, and is now in force, to-wit:
"All bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation. The ignature of any such officer and the corporate seal may be printed by tacsimile.

IN WITNESS WHEREOF, the RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have caused these presents to be executed by its respective _ Vice President _ with its corporate seal affixed this 21st day of February _ 2022
RLI Insurance Company
INCE CHAN Contractors Bonding and Insurance Compan

CORPORATE CORPORATE
SEAL IT SEAL! By: _
Barton W. Davis Vice President
State of Illinois
SS
County of Peoria CERTIFICATE
personally appeared
act and deed of said corporation. whereof, I have hereunto set my hand and the seal of the RLI Comance Corpany andor Uractors B202i2g and Insurance
Catherined. Elvet RLI Insurance Company
By: Contractors Bonding and Insurance Company
Catherine D. Glover Notary Public
CATHERINE D. GLOVER

OFFICIAL SEAL
Notary Public - State of Illinola
My Commission Expirea Corporate Secretary
March 24, 2024
0415930020212 A0058D19
BOND NO. CMS0349976
PREMIUM included in Performance
Bond

LABOR AND MATERIAL BOND
WHEREAS, the City Council of the City of Huntington Beach, State of California, and Shea Homes Limited Partnership, a California limited partnership (hereinafter designated as "Principal") have entered into an agreement whereby principal agrees to install and complete designated public improvements, which said agreement, dated _ 20 and Identified as project Cameron Lane, Tract No. 19154 is hereby referred to and made a part hereof; and
WHEREAS, under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Huntington Beach to secure the claims to which reference is made In Title 15 (commencing with Section 3082) of Part 4 of Division 3 of Civil Code of the State of California.

Now, therefore, said Principal and the undersigned as corporate surety, are held firmly bound unto the City of Huntington Beach and all contractors, subcontractors, laborers, materialmen and other persons employed in the performance of the aforesald agreement and referred to in the aforesald Civil Code in the sum of Forty Seven Thousand Two Hundred Twenty Nine and 75/100 dollars ($_47,229.75 , for materials furnished for labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by "City" in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is hereby expressly stipulated and agreed that this bond shall insure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall become null and vold, otherwise it shall be and remain in full force and effect. 1 The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligation on this bond, and it does hereby waive notice of any such change, extension, alteration or addition.

In witness whereof, this instrument has been fully executed by the principal and surety above named, on July 21st _ 20.22
Shea Homes Limited Partnership, a California limited partnership, as Principal By - *See attached signature block
By
RLI Insurance Company _ as Surety
ByEdward C. Spector, Attorney-in-Fact

APPROVED AS TO FORM
BY MICHAEL E. GATES OU

CITY ATTORNEY

CITY OF HUNTINGTON BEACH
2 Bond Number: CMS0349976

SHEA HOMES LIMITED PARTNERSHIP,
a California limited partnership
By: _
Name: Gina Gordon
Title: Authorized Agent
By: _
Name: John C. Danvers
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
County of Los Angeles
JUL 2 1 2022
before me, Marina Tapia, Notary Public, personally appeared Edward C. Spector who proved to me on the basis of satisfactory evidence to be the person(e) whose name(8) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacityies), and that by his/her/their signature(8) on the instrument the person(s), or the entity upon behalf of which the person(8) 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.

MARINA TAPIA WITNESS my hand and official seal.

LOS ANGELES COUNTY
My Comm. Expires Ocl 7, 2024
Mares Vesia
Signature _
Signature of Notary Public

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 ruthfulness, accuracy, or validity of that document
State of California
County of Orange
On July 25, 2022 before me,- Bonnie MacEwan-Campbell, Notary Public (insert name and title of the officer)
personally appeared -- Gina Gordon and John C. Danvers - 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.

I 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
Commission # 2407104
My Comm. Expires Jun 6, 2026
signature a ta Sia Capl
(Seal)

POWER OF ATTORNEY
RLI Insurance Company
Contractors Bonding and Insurance Company
025 N. Lindbergh Dr. Peoria, IL 61615
Phone: 800-645-2401
Know All Men by These Presents:

That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired.

That RLI Insurance Company and/or Contractors Bonding and Insurance Company, each an Illinois corporation, (separately and together, the "Company") do hereby make, constitute and appoint:

Janina Monroe, Michelle Haase, Timothy Noonan, Adriana Valenzuela, Jennifer Ochs, Martha Barreras, Sarah Campbell, Rhonda Larson, Charles R. Teter, III, B. Aleman, Erin Brown, D. Garcia, Simone Gerhard, Edward C. Spector, Ethan Spector, Marina Tapia, KD Wapato, Rachel A. Mullen, Lisa Marie Saumur, jointly or severally in the City of Los Angeles _ State of California _ its true and lawful Agents) and Attorneys) in Fact, with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds and undertakings in an amount not to exceed Twenty Five Million ($25,000,000.00 _ for any single obligation.

The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon the Company as if such bond had been executed and acknowledged by the regularly elected officers of the Company.

RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted by the Board of Directors of each such corporation, and is now in force, to-wit "All bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have caused these presents to be executed by its respective Vice President with its corporate seal affixed this 2lst day of February 2022.

RLI Insurance Company
SURANCE COME Contractors Bonding and Insurance Company

CORPORATE GORPORATE
SEAL By: _
(SEAL)) Barton W. Davis Vice President

ILLINOIS
State of Illinois
SS
County of Peoria CERTIFICATE
personally appe day abrua. Davi 302 Who being my, a dary sublic, ,. 2022.

Barton W.
acknowledged that he signed the above Power of Attorney as the aforesaid officer of the RLI Insurance Company and/or Contractors Bonding and Insurance Company and acknowledged said instrument to be the voluntary Company Company andor Contractors Bonding and Insurance _day of JUL 21 2022 Catherined. Elver
By: {LI Insurance Compan
Notary Public Contractors Bonding and Insurance Compan
Catherine D. Glover
CATHERINE D. GLOVER®.

OFFICIAL SEAL
Notary Public - State of Illinois
My Commission Expires Corporate Secretary
March 24, 2024
0415930020212 A00S8D19

MONUMENT BOND
KNOW ALL MEN BY THESE PRESENTS:

THAT Shea Homes Limited Partnership, a California limited partnership as Subdivider of Tract No. 19154 In the City of Huntington Beach, County of Orange, State of California, has submitted to said City a Final Map of said tract containing an engineer's or surveyor's certificate stating that all final monuments will be set in the positions indicated on or before the date specified in said certificate:

That said Shea Homes Limited Partnership, a California limited partnership (Subdivider)
as principal, and _RLI Insurance Company.
as surety, hereby guarantee to the City of Huntington Beach the payment of the cost of setting all such monuments within or in connection with said tract, as are not already set prior to the recording of said Final Map, in accordance with said map and said certificate up to but not in excess of the sum of $1,800.00 .. in which sum we are held and firmly bound to the City of Huntington Beach, all in accordance with and subject to the terms, conditions and provisions of Article 9, Chapter 4 of the Government Code of the State of California.

IN WITNESS WHEREOF, we have executed this instrument this _2lst _ day of July _20_22
Shea Homes Limited Partnership, a California limited partnership _ as Principal By *See attached signature block
By
_ as Surety
By._Edward C. Spector, Attorney-in-Fact
1 Bond Number: CMS0349977

SHEA HOMES LIMITED PARTNERSHIP,
a California limited partnership
Gina Gordon
Title: Authorized Agent
By:.

Name:

Title: John C. Danvers
Authorized Agent

APPROVED AS TO FORM
BYGAMICHAEL E. GATES TU

CITY ATTORNEY

CITY OF HUNTINGTON BEACH

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
State of California
County of Orange
on July 25, 2022 before me, Bonnie MacEwan-Campbell, Notary Public (insert name and title of the officer)
personally appeared ----- Gina Gordon and John C. Danvers - 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.

I 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 • Callfornia
Orange County
Commission # 2407104
My Comm. Expires Jun 6, 2026
signature ritzeal
(Seal)

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
County of Los Angeles
JUL 2 1 2022
before me, Marina Tapia, Notary Public, personally appeared Edward C. Spector 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/theit signature(8) on the instrument the person(8), or the entity upon behalf of which the person(e) 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.

MARINA TAPIA WITNESS my hand and official seal.

COMM. # 2333302

LOS ANGELES COUNTY
My Comm. Expires Oct 7, 2024
I Narena Ussea
Signature.

Signature of Notary Public

POWER OF ATTORNEY
RLI Insurance Company
Contractors Bonding and Insurance Company
9025 N. Lindbergh Dr. Peoria, IL 61615
Phone: 800-645-2402
Know All Men by These Presents:

That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired.

That RLI Insurance Company and/or Contractors Bonding and Insurance Company, each an Illinois corporation, (separately and together, the "Company") do hereby make, constitute and appoint:

Janina Monroe, Michelle Haase, Timothy Noonan, Adriana Valenzuela, Jennifer Ochs, Martha Barreras, Sarah Campbell, Rhonda Larson, Charles R. Teter, III, B. Aleman, Erin Brown, D. Garcia, Simone Gerhard, Edward C. Spector, Ethan Spector, Marina Tapia, KD Wapato, Rachel A. Mullen, Lisa Marie Saumur, jointly or severally in the City of Los Angeles → State of California _ its true and lawful Agents) and Attorneys) in Fact, with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds and undertakings in an amount not to exceed Twenty Five Million (_$25,000,000.00 ) for any single obligation.

The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon the Company as if such bond had been executed and acknowledged by the regularly elected officers of the Company.

RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted by the Board of Directors of each such corporation, and is now in force, to-wit:
"All bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have caused these presents to be executed by its respective Vice President with its corporate seal affixed this 21st day of February 2022
RLI Insurance Company
... INS ICE CO Contractors Bonding and Insurance Company CORPORAT" CORPORATE Bit W.D
SEAL! By: _
Barton W. Davis Vice President

ILLINOIS
State of Illinois
SS
County of Peoria CERTIFICATE
Barton w. Davis 2022 before me, a Notary Public,
peroily ed that he signed e, Dare Pover of betoney as the l end, BEERS officer of the RLI Insurance Company and/or Contractors Bonding and Insurance Company and acknowledged said instrument to be the voluntary act and deed of said corporation.

Compance Company andor Contractors Bonding and Insurance day of JUL 2 1 2022 Catherined Ever
By: _ RLI Insurance Company
Contractors Bonding and Insurance Company
Catherine D. Glover Notary Public
CATHERINE D. GLOVER

OFFICIAL SEAL
- Notary Public - State of Illinols By Jerfrey Do piffry D fick My Commission Expires Corporate Secretary
March 24, 2024
0415930020212 A0058D19

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