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Bond - Monuments

Menifee City Council
December 4, 2024

Document
Bond - Monuments
Meeting
December 4, 2024
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Menifee City Council
Original file
245 KB
Text extracted from the city's file for reading and search. Open the original on cityofmenifee.primegov.com. That file is the official record.

CITY OF

MENIFEE

SUBDIVISION MONUMENT BOND

CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66496)
Tract Map No. TM36658-4
Bond No. 0264057
Surety Premium $363
Surety Berkley Insurance Company Principal _Pulte Home Company, LLC Address 475 Steamboat Rd Address 27401 Los Altos, Suite 400 City/State Greenwich, CT City/State Mission Viejo, CA
Zip code 06830 Zip 92691
Phone 203-542-3800 Phone 949-330-8544
That, Pulte Home Company, LLC, subdivider, as principal, and Berkley Insurance Company, a corporation, as surety, are hereby jointly and severally bound to pay to the City of Menifee the sum of Ninety-Six Thousand Eight Hundred Forty and 00/100, Dollars ($96,840.00).

The condition of this obligation is that, whereas the subdivider, as a condition of the filing of the final map of TM36658-4, entered into an agreement with the City of Menifee to set Survey Monuments and Tie Points in said tract and furnish Tie Notes therefore and to pay the engineer or surveyor performing the work, in full, within 30 days after completion.

NOW, THEREFORE, if the subdivider shall well and truly perform said agreement during the original term thereof, or of any extension of said term that may be granted by the City of Menifee, with or without notice to the surety, then this obligation shall become null and void; otherwise, it shall remain in full force and effect.

As a part of the obligation secured hereby and in addition to the face amount specified therefore, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City of Menifee in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.

The surety hereby stipulates and agrees that no change, 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 obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications.

Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and commencement of construction are not conditions precedent to surety's obligations hereunder and are hereby waived by surety.

SUBDIVISION MONUMENT BOND
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on October 23, 2024
NAME OF PRINCIPAL: Pulte Home Company, LLC
AUTHORIZED SIGNATURE(S):

By: SEE ATTACHED
Name:Gregory S. Rives
Title: Assistant Treasurer
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Berkley Insurance Company
AUTHORIZED SIGNATURE:

Jegemy Pok, His Attoney-in-Fact Title

KLE CORPORATION, AFFIX SEAL)

ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
executed this 73r+ day of_ Ôcrober
- 2024.

Pulte Home Company, LLC

PRINCIPAL
BY: Gregory S. Rives, Assistant Treasurer
Notary Attached

NOTARY ACKNOWLEDGEMENT

STATE OF GEORGIA)
) ss.

COUNTY OF FULTON)
This record was acknowledged before me on October 235d _2024, appeared Grejiry s Bives as Assistent Treasurer
of Pulte Home Company, LLC. who provided to me on the
basis of satisfactory evidence to be the person who appeared before me and is personally known to me.

WITNESS my hand official seal.

SHIRLEY E HUTCHINS
Notary Puoilc - State of Georgia
Signature of Notary Public Fulton County
My Commission Expires Jul 14, 2026
Shirley E. Hutchins
Notary Public State of Georgia
My Commission Expires: July 14, 2026

ACKNOWLEDGEMENT
State of Arizona
County of Maricopa
on 10/23/24 before me personally appeared Jeremy Polk whose identity was proven to me on the basis of satisfactory evidence to be the person who he or she claims to be, and acknowledged that he or she signed the attached document.
(Seal)

MATTHEW STANTON ERRA
NOTARY PUBLIC • ARIZONA Notary Signature

MARICOPA COUNTY
COMMISSION # 622269
MY COMMISSION EXPIRES Matthew Stanton Erra
MARCH 09, 2026
Commission Expires March 9th, 2026
No. BI-7991 h-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: Jeremy Polk or Matthew Erra of UST Insurance Services, LLC of Phoenix, AZ its true and lawful Attorney-in-Fact, to sign its name as surety only as delineated below and to execute, scal, 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 sane 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 Delawarc, without giving effect to the principles of conflicts of laws thercof. 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 Surely 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, or other suretyship obligations specifically named therein, and they have no authority to bind the Company except in the 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 12th day of
Attest: Berkley Insurance Company

INSURANCE

ORPORATE
BERKLEY COMPANY By
SEAL
IraS. Lederman
Executive Vice President & Secretary Senili Vice Prest Vice President

DELAWARE

STATE OF CONNECTICUT)
) SS:

COUNTY OF FAIRFIELD
Swom to before me, a Notary Public in the State of Connecticut, this 12th day of April 2023 - by Ira S. Lederman ad Jeffrey M. Hafter who are sworn to me to be the Executive Vice President/abd Secretary, and th • Senior Vice President, respectively, of Berkley Insurance Company, MARIAC RUNOBAKEN Merin C. Rudbaker

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 Artomey-in Fact set forth therein, who executed the bond or undertaking to which this Power of AERANS arached, is in 'full forre and effect as of this date.

Jarden en under my hand and scal of the Company, this 23rd day of Octobe 2024 SEAL)

DELAWARE
Vincent P. Forte

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