BOND NO. 4470394W
PREMIUM Included in Performance Bond
GUARANTEE AND WARRANTY BOND
WHEREAS, Bonanni Development Company IV, LLC _ as
a Principal, and SureTec Insurance Company _ a
corporation organized under the laws of the State of Texas 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 Ninety-Seven Thousand Seven Hundred Twenty-Three & 00/100 ($97,723.00), 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 February 20, 2024 for work described as follows:
Subdivision Public Improvements Identified as Project TRACT NO. 19118 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 February 5 , 2026
Bonanni Development Company IV, LLC, as Principal
By
SureTec Insurance Company Ват
By
Esteban Flores, Attorney-in-Fact
APPROVED AS TO FORM
1 By: Pedan
/ MICHAEL J. VIGLIOTTA
AN 1141102020 CITY ATTORNEY
CITY OF HUNTINGTON BEACH
STATE OF CALIFORNIA
) SS
COUNTY OF ANGE
ON April 7, 2026, BEFORE ME, Jeanice A Myall _ A
NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Bret Bonanni 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
ACT aMY PRINCIPAL PLAGE OF BUSINESS IS
NOTARY PUBLIC IN AND FOR SAID STATE In Orang COUNTY
anice
PRINTED NAME MY COMMISSION EXPIRES NOV. 8, 2029
JEANICE A. MCFALL
Notary Public - California
Orange County
Commission # 2535242
My Comm. Expires Nov 8, 2029
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 IN COUNTY
PRINTED NAME MY COMMISSION EXPIRES
2 POA #: 3210005
SureTec Insurance Company
LIMITED POWER OF ATTORNEY
Know All Men by These Presents, That SURETEC INSURANCE COMPANY (the "Company"), a corporation duly organized and existing under the laws of the State of Texas, and having its principal office in Houston, Harris County, Texas, does by these presents make, constitute and appoint
Michael D. Lapre, Jaren A. Marx, Esteban Flores, Michelle Eldridge its true and lawful Attorney-in-fact, with full power and authority hereby conferred in its name, place and stead, to execute, acknowledge and deliver any and all bonds, recognizances, undertakings or other instruments or contracts of suretyship to include waivers to th conditions of contracts and consents of surety for, providing the bond penalty does not exceec Five Million and 00/100 Dollars ($5,000,000.00)
and to bind the Company thereby as fully and to the same extent as if such bond were signed by the President, sealed with the corporate seal of the Company and duly attested by its Secretary, hereby ratifying and confirming all that the said Attorney-in-Fact may do in the Said appointment is made under and by authority of the following resolutions of the Board of Directors of the SureTec Be it Resolved, that the President, any Vice-President, any Assistant Vice-President, any Secretary or any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more suitable persons as Attorneys)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions:
Attorney-in-Fact may be given full power and authority for and in the name of and of behalf of the Company, to execute, acknowledge and deliver, any and all bonds, recognizances, contracts, agreements or indemnity and other conditional or obligatory undertakings and any and all notices and documents canceling or terminating the Company's liability thereunder, and any such instruments so executed by any such Attorney-in-Fact shall be binding upon the Company as if signed by the President and sealed and effected by the Corporate Secretary Be it Resolved, that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed to any power of attorney or any certificate relating thereto by facsimile, and any power of attorney or certificate bearing facsimile signature or facsimile seal shall be valid and binding upon the Company with respect to any bond or undertaking to which it is attached. (Adopted at a meeting held on 20h of April, In Witness Whereof, SURETEC INSURANCE COMPANY has caused these presents to be signed by its President, and its corporate seal to be hereto affixed this 17th day of February , A.D. 2023 .
SURETEC INSURANCE COMPANY
INSURANCE
By: Mutu
Michael C. Keimig, Presiden
State of Texas SS:
County of Harris
On this 17th day of February , A.D. 2023 before me personally came Michael C. Keimig, to me known, who, being by me duly sworn, did depose and say, that he resides in Houston, Texas, that he is President of SURETEC INSURANCE COMPANY, the company described in and which executed the above instrument; that he knows the seal of said Company; that the seal affixed to said instrument is such corporate seal; that it was so affixed by order of the Board of Directors of said Company; and that he signed his name thereto by like order.
TANYA SNEED ISC
Notary Public State of Texas i
Commission # 128571231 Tanya Sneed, Notary Public
Commission Expires 03/30/2027 My commission expires March 30, 2027 I, M. Brent Beaty, Assistant Secretary of SURETEC INSURANCE COMPANY, do hereby certify that the above and foregoing is a true and correct copy f a Power of Attorney, executed by said Company, which is still in full force and effect; and furthermore, the resolutions of the Board of Directors, s ut in the Power of Attorney are in full force and effec Given under my hand and the seal of said Company at Houston, Texas this Assistant Secretar
Any ventration sued in erit is per you natal 131812y day dusiness day belen 920 am and 5:00 pm CST.
CALIFORNIA ALL-PURPOSE CERTIFICATE OF ACKNOWLEDGMENT
Anday alice tic angling his cotines actres, hiding ya locatedul who signed the document to State of California
County of Los Angeles
On 02/05/2026 before me, R. M. Friedik
- Notary Public,
(Here insert name and title of the officer)
personally appeared Esteban Flores
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.
R. M. FRIEDIK
WITNESS my hand and officiat seal. Notary Public - California Los Angeles County
Commission # 2539545
Hund
My Comm. Expires Dec 19, 2029
(Notary Seal)
Signature of Notary Public
ADDITIONAL OPTIONAL INFORMATION
INSTRUCTIONS FOR COMPLETING THIS FORM
Any acknowledgment completed in California must contain verbiage exactly as DESCRIPTION OF THE ATTACHED DOCUMENT appears above in the notary section or a separate acknowledgment form must be properly completed and attached to that document. The only exception is if a Bond No. 4470394W document is to be recorded outside of California. In such instances, any alternative (Title or description of attached document) acknowledgment verbiage as may be printed on such a document so long as the verbiage does not require the notary to do something that is illegal for a notary in N/A California (i.e. certifying the authorized capacity of the signer). Please check the (Title or description of attached document continued) document carefully for proper notarial wording and attach this form if required.
Number of Pages three Document Date 02/05/2026 • State and County information must be the State and County where the document signers) personally appeared before the notary public for acknowledgment.
N/A • Date of notarization must be the date that the signers) personally appeared which must also be the same date the acknowledgment is completed. (Additional information) • The notary public must print his or her name as it appears within his or her 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. • Individual (s) he/she/they, is /are) or circling the correct forms. Failure to correctly indicate this 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. • Partner (s) • Signature of the notary public must match the signature on file with the office of 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. • Other * Indicate title or type of attached document, number of pages and date. * Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer, indicate the title (i.e. CEO, CFO, Secretary). • Securely attach this document to the signed document
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