Docusign Envelope ID: 230BDF11-02E7-4310-B470-BE2B21C97CB1 BOND NO. US00121915SU22A-M
PREMIUM Included with Perf & Pay Bond
GUARANTEE AND WARRANTY BOND
WHEREAS, Lennar Homes of California, LLC, a California Limited Liability Company, as Principal, and XL Specialty 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 One Hundred Sixty Thousand Dollars ($160,000.00), 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 20. 2022 for work described as follows:
Tract 19136 (Seamark) Public Improvements
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 November 25 , 20 24
Docusign Envelope ID: 230BDF11-02E7-4310-B470-BE2B21C97CB1.
Lennar Homes of California, LLC, a California Limited Liability Company, as Principal By:
Derek Kegley
Printed Name
XL Specialty Insurance Company as Surety
wulh
By:
Mechelle Larkin, Attorney-in-Fact
Printed Name
APPROVED AS TO FORM
By: PeDem
for MICHAEL E. GATES
CITY ATTORNEY
CITY OF HUNTINGTON BEACH
2 Docusign Envelope ID: 230BDF11-02E7-4310-B470-BE2B21C97CB1
STATE OF CALIFORNIA
SS
COUNTY OF ORANGE
ON November 26,24, BEFORE ME, Andrea M, Gunzales _ A
NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Derek Kegley _AND
PROVED TO ME ON THE BASIS OF STATISFACTORY EVIDENCE TO BE THE PERSONS
WHOSE NAMES ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGES TO
ME THAT THEY EXECUTED THE SAME IN THEIR AUTHORIZED CAPACITIES, AND THAT BY
THEIR SIGNATURES ON THE INSTRUMENT THE PERSONS, OR THE ENTITY UPON BEHALF OF WHICH THE PERSONS ACTED, EXECUTED THE INSTRUMENT.
WITNESS MY HAND
SIGNATUREUL oma MY PRINCIPAL PLACE OF BUSINESS IS
NOTARY PUBLIC IN AND FOR SAID STATE Oranese _ COUNTY
Andrea M. Gunzales
PRINTED NAME MY COMMISSION EXPIRES 4/8/26
ANDREA M. GONZALES
Notary Public - California
Orange County
Commission # 2400182
My Comm. Expires Apr 8, 2026
STATE OF CALIFORNIA
SS
COUNTY OF ORANGE
ON , BEFORE ME, _A
NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED AND
PROVED TO ME ON THE BASIS OF STATISFACTORY EVIDENCE TO BE THE PERSONS
WHOSE NAMES ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGES TO
ME THAT THEY EXECUTED THE SAME IN THEIR AUTHORIZED CAPACITIES, AND THAT BY
THEIR SIGNATURES ON THE INSTRUMENT THE PERSONS, OR THE ENTITY UPON BEHALF OF WHICH THE PERSONS ACTED, EXECUTED THE INSTRUMENT.
WITNESS MY HAND
SIGNATURE MY PRINCIPAL PLACE OF BUSINESS IS
NOTARY PUBLIC IN AND FOR SAID STATE COUNTY
PRINTED NAME MY COMMISSION EXPIRES
3 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE §1189 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 NOV 25 2024
before me, _ Kathy R. Mair, Notary Public
personally appeared Mechelle Larkin _ 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.
KATHY R. MAIR
Notary Publie - California Keenner
Orange County Signature
Commission # 2355508
My Comm, Expires May 22, 2025 Kathy R. Mair, Notary Public (seal)
DocuSign Envelope ID: F0F49B8B-9F37-4F31-BFAD-792435532B40 Power of Attorney
XL Specialty Insurance Company THIS IS NOT A BOND NUMBER XL Reinsurance America Inc. LIMITED POWER OF ATTORNEY
AA XL 1625507
KNOW ALL MEN BY THESE PRESENTS: That XL Specialty Insurance Company, a Delaware insurance companies with offices located at 50 Eagleview Bld., / Exton, PA 19341, and XL Reinsurance a New York insurance company with offices located at 67 Washington Blvd., 10th Floor, Stamford, CT 06901, do hereby nominate, constitute, and appoint:
Tenzer V. Cunningham, Mechelle Larkin, Kathy R. Mair, My Hua, Brenda Wong, Martha Gonzales, Sokha Evans each its true and lawful Attorney(s)-in-fact to make, execute, attest, seal and deliver for and on its behalf, as surety, and deed, where required, any and all bonds and undertakings in the nature thereof, for the penal sum of no one of which is in any exceed $100,000,000.00.
Such bonds and undertakings, when duly executed by - in - Fact shall be binding upon each said Company as same extent as if such bonds the alongs ate signed or President and Secretary of the the Company and sealed
with its corporate seal.
The Power of Attorney is granted and is signed by
facsimile under and by the authority of the following Resolutions adopted by the Board of Directors of each of the Companies on the 26th day of July 2017. that Gary Kaplan, Daniel Riordan, Duhart, Gregory Boal and Kevin Mirsch are hereby appointed by the Board as authorized for and on behalf of the Company, any and all bonds, undertakings, or obligations in surety or Secretary or any Assistant Secretary of the Company be and that undertakings, contracts or obligations in surety
FURTHER, that Gary Kaplan, Daniel Riordan, Maria Duhart, Gregory Boal and Kevin Mirsch each is hereby authorized to execute In others, and that the Secretary or any Assistant Secretary of the Company be, and that each of them is hereby authorized to attest the execution of any such power of attorney, and to attach thereto the corporate seal of the Company.
RESOLVED, FURTHER, that the signature of such officers named in the preceding resolutions and the corporate seal of the Company may be affixed to such powers of attorney or to any any such power of attorney or certificate bearing signatures or facsimile seal valid and binding upon with respect to any bond, undertaking, contract or obligation in surety or co-surety with others to which it is attached.
IN WITNESS WHEREOF, SPECIALTY INSURANCE COMPANY has caused corporate seal to be hereunto affixed, and these presents to be signed by its duly authorized officers this November 29th, 2023.
XL SPECIALTY INSURANCE COMPANY
ORPORATIO
by: BORe
• SEAL INV
DELAWARE Gregory Boal, VICE PRESIDENT
STATE OF PENNSYLVANIA
COUNTY OF CHESTER Attest: Kein MMun
Kevin M. Mirsch, ASSISTANT SECRETARY
before me personally came Gregory Boal to me known, who, being duly sworn, did depose say: that he is Vice President of XL SPECIALTY INSURANCE COMPANY, described in and which executed the above instrument; Companies; that the seals affixed to the aforesaid instrument is such corporate seals and were thereto by order and authority of the Boards of Directors of said Companies; and that he executed the said instrument by Commonwealth of Pennsylvania - Notary Seal
$ Grace Freed-Brown, Notary Public
Chester County
My commission expires March 5, 2026
Commission number 1322812 S. Grace Freed-Brown, NOTARY PUBLIC Meriber. Pannsylvania Asscciation of Notaries
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