Cities Index.
Att #3 Guarantee and Warranty Bond

City Council/Public Financing Authority
May 19, 2026

Document
Att #3 Guarantee and Warranty Bond
Meeting
May 19, 2026
Body
City Council/Public Financing Authority
Original file
877 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.

BOND NO. DVHNSU0832094-W

PREMIUM NIA

GUARANTEE AND WARRANTY BOND
WHEREAS, NASH-Holland 18750 Delaware Investors, LLC _ as a Principal, and Harco National Insurance Company - a
corporation organized under the laws of the State of Illinois 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 Forty-Two Thousand Seven Hundred Fifty Dollars & 00/100($142,750.00), 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 May 26, 2022 for work described as follows:

Improvements at Tract 18750 Delaware Apartments (PM2022-106) 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 December 19 _ 20 25
NASH-Holland 18750 Delaware Investors, LLC _ as Principal APPROVED AS TO FORM By
By: Pel parew
k MICHAEL J. VIGLIOTTA Jaren A. Marx, Attorney-In-Fact

CITY ATTORNEY

CITY OF HUNTINGTON BEACH

JOSH SCOTT SIMPSON
COMM. #2403533
Notary Public • California
STATE OF CALIFORNIA Orange County
) SS My Comm. Expires June 3, 2026(

COUNTY OF ORANGE

LOS ANGELES
ON January 20,2026, BEFORE ME, JOSH SCOTT SIMPSON A

NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED GEORGE ELUM 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 ORANGE _COUNTY

JOSH SCOTT SIMPSON
PRINTED NAME MY COMMISSION EXPIRES JUNE 3,2026

STATE OF CALIFORNIA
*SEE ATTACHED CALIFORNIA NOTARY ACKNOWLEDGMENT*

COUNTY OF ORANGE
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
2 CLEAR
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 Los Angeles
DEC 1 9 2025 before me, Ethan Spector, Notary Public
On
Date Here Insert Name and Title of the Officer
Personally appeared Jaren A. Marx
Name(s) of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/ai subscribed to the within instrument and acknowledged to me that ka/she/sex executed the same in kks/her/*beix authorized capacity(ies), and that by**s/her/*xei signature(s) on the instrumentthe 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.

ETHAN SPECTOR
Notary Public - California
Los Angeles County
Commission # 2466163 Signature
My Comm. Expires Oct 11, 2027 Signature of Notary Public Place Notary Seal Above
....................

Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document.

Description of Attached Document
Title or Type of Document _ Document Date
Number of Pages . Signers) Other Than Named Above
Capacity(ies) Claimed by Signers)
Signer's Name Signer's Name
• Corporate Officer-Title(s) • Corporate Officer-Title(s) •Partner • Limited • General Partner • Limited •General • Individual • Attorney in Fact Individual • Attorney in Fact • Trustee • Guardian or Conservator • Trustee • Guardian or Conservator •other •other.

Signer Is Representing Signer Is Representing
© 2014 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 POWER OF ATTORNEY Bond # DVHNSU0832094-W

HARCO NATIONAL INSURANCE COMPANY

INTERNATIONAL FIDELITY INSURANCE COMPANY
Member companies of lAT Insurance Group, Headquartered: 4200 Six Forks Rd, Suite 1400, Raleigh, NC 27609 RANDI TEPPER, STEPHANIE SWINKOSKI, MB NEELY, ERIN BROWN, D-ANN KLEIDOSTY, JAREN A. MARX Scottsdale, AZ
their true and lawful attorneys)-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of been duly executed and acknowledged by their regularly elected officers at their principal offices.

This Power of Attorney is executed, and may be revoked, pursuant to and by authority of the By-Laws of HARCO NATIONAL INSURANCE COMPANY nd INTERNATIONAL FIDELITY INSURANCE COMPANY and is granted under and by authority of the following resolution adopted by the Board o irectors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting duly held on the 13th day of December, 2018 and by the Board c Directors of HARCO NATIONAL INSURANCE COMPANY at a meeting held on the 13th day of December, 2018. "RESOLVED, that (1) the Chief Executive Officer, President, Executive Vice President, Senior Vice President, Vice President, or Secretary of the Corporation shall have the power to appoint, and to revoke the appointments of, Attorneys-in-Fact or agents with power and authority as defined or limited in their respective powers of attorney, and to execute on behalf of the Corporation and affix the Corporation's seal thereto, bonds, undertakings, recognizances, contracts of indemnity and other written obligations in the nature thereof or related thereto; and (2) any such Officers of the Corporation may appoint and revoke the appointments of joint-control custodians, agents for acceptance of process, and Attorneys-in-fact with authority to execute waivers and consents on behalf of the Corporation; and (3) the signature of any such Officer of the Corporation and the Corporation's seal may be affixed by facsimile to any power of attorney or certification given for the execution of any bond, undertaking, recognizance, contract of indemnity or other written obligation in the nature thereof or related thereto, such signature and seals when so used whether heretofore or hereafter, being hereby adopted by the Corporation as the original signature of such officer and the original seal of the Corporation, to be valid and binding upon the Corporation with the same force and effect as though manually affixed."
IN WITNESS WHEREOF, HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY have each executed and attested these presents on this 31st day of December, 2023

DELIT MAL INSURA

STATE OF NEW JERSEY STATE OF ILLINOIS

ORPO CORPORATE
County of Essex County of Cook

SEAL SEAL
1904 1984

YEW JER ELINOIS
Michael F. Zurcher
ANYS
Executive Vice President, Harco National Insurance Company and International Fidelity Insurance Company
On this 31st day of December, 2023 , before me came the individual who executed the preceding instrument, to me personally known, anc eing by me duly sworn, said he is the therein described and authorized officer of HARCO NATIONAL INSURANCE COMPANY anc NTERNATIONAL FIDELITY INSURANCE COMPANY; that the seals affixed to said instrument are the Corporate Seals of said Companies; that th said Corporate Seals and his signature were duly affixed by order of the Boards of Directors of said Companies IN TESTIMONY WHEREOF, I have hereunto set my hand affixed my Official Seal, at the City of Newark, CẠTHY CRU New Jersey the day and year first above written.

NOTARY
PUBLIC carty 9uf
Cathy Cruz a Notary Public of New Jersey
My Commission Expires April 16, 2029

CERTIFICATION
1, the undersigned officer of HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY do hereby certify IN TESTIMONY WHEREOF, I have hereunto set my hand on this day, December 19, 2025 Que tate
A02886
irene Martins, Assistant Secretary
VER2 2/2019 e POA

ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individua who signed the document to which this certificate i
attached, and not the truthfulness, accuracy, or
State of California
County of Los Angeles
On January 20,2026 _ before me, Josh Scott Simpson, Notary Public, (insert name and title of the officer)
personally appeared GEORGE ELUM
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. JOSH SCOTT SIMPSON
COM. #2403533
Notary Public - California NR01
Orange County
My Comm. Expires June 3, 2026 f
Signature (Seal)

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