FAITHFUL PERFORMANCE BOND
MENIFEE CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR: Landscape $_2,253,500.00 Tract Map TM37671-1
Total $ 2,253,500.00
Surety Arch Insurance Company Principal_ PULTE HOME COMPANY, LLC Address Harborside 3, 210 Hudson Street, Suite 300 Address 27401 Los Altos, Ste. 400 City/State Jersey City, NJ City/State Mission Viejo, CA Zip code 07311-1107 Zip 92691
Phone 201-743-4000 Phone_949-330-8544
WHEREAS, the City Council of the City of Menifee, State of California, and PULTE HOME COMPANY, LLC, (hereinafter designated as "principal") have entered into, or are about to enter into, the attached agreements) whereby principal agrees to install and complete the above designated public improvements relating to _ TM37671-1, which agreements), dated , is/are hereby referred to and made a part hereof; and, WHEREAS, said principal is required under the terms of said agreements) to furnish bond(s) for the faithful performance of said agreements);
NOW, THEREFORE, we the principal and Arch Insurance Company _ as surety, are held and firmly bound unto the City of Menifee in the penal sum of Two Million Two Hundred Fifty-Three Thousand Five Hundred and No/100, Dollars, ($2,253,500.00) lawful money of the United States, for the payment of which sum will and truly 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 bonded 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 covenants, conditions and provisions in the said agreements) 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 the City of Menifee, its officers, agents and employees, as therein stipulated, then this obligation shall 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.
FAITHFUL PERFORMANCE BOND
MENIFEE
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreements) 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 agreements) 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.
When the work covered by the agreements) is complete, the City of Menifee will accept the work and thereupon, the amount of the obligation of this bond is reduced by 90% with the remaining 10% held as security for the one-year maintenance period provided for in the agreements).
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on December 26
NAME OF PRINCIPAL: Pulte Home Company, LLC
AUTHORIZED SIGNATURE(S):
SEE ATTACHED
By:
Name: Darren Warren Gregory S. Rives
Title: VP of Land Acquisition and Dev- Assistant Treasurer (IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Arch Insurance Comp
AUTHORIZED SIGNATURE:
Its Attorney-in-Fac s Forker Title
(IF CORPORATION, AFFIX SEAL
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
executed this Ilt day of December _, 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 December Z6m 2024, appeared Gregory s. Rives as Assistant 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 Public - State of Georgia
Fulton County
My Commission Expires Jul 14, 2026
Signature of Notary Public
Shirley E. Hutchins
Notary Public State of Georgia
My Commission Expires: July 14, 2026
20927
This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated.
Not valid for Note, Loan, Letter of Credit, Currency Rate, Interest Rate or Residential Value Guarantees.
POWER OF ATTORNEY
Know All Persons By These Presents:
That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey (hereinafter referred to as the "Company") does hereby appoint:
Peter S. Forker, Rebecca Johlie, Nick Joslyn and William C. Behnke of Chicago, IL (EACH) Tammy L. Whicker, Mary E. Corley, Darla R. Ganley of Decatur, IL (EACH) its true and lawful Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as its act and deed; Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding One Hundred Fifty Million Dollars (S150.000.000.00.
This authority does not permit the same obligation to be split into two or more bonds In order to bring each such bond within the dollar limit of authority as set forth herein.
The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presents shall be as binding upon the said Company as ully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey.
This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company on August 31, 2022, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect:
"VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powers of attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process."
This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on August 31, 2022:
VOTED, That the signature of the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on August 31, 2022, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. In Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers, this 4" day of May, 2023. ance
Attested and Certified Insur Arch Insurance Company
CORPORATE Тивашо
A. 8H
arch SEAL
1971
Regan Shulman, Secretary Stephen C. Ruschak, Executive Vice President
STATE OF PENNSYLVANIA SS
COUNTY OF PHILADELPHIA SS Missouri
I, Michele Tripodi, a Notary Public, do hereby certify that Regan A. Shulman and Stephen C. Ruschak personally known to me to be the same persons whose names are respectively as Secretary and Executive Vice President of the Arch Insurance Company, a Corporation organized and existing under the laws of the State of Missouri, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary gets for the uses and purposes therein set forth.
Cormonwealth of Pennsylvania - Notary Seal hickele
MICHELE TRIPODI, Notary Public
Philadelphia County
My Commission Expires Juty 31, 2025
Commission Number 1168622 My commission expires 07/31/2025
CERTIFICATION
I, Regan A. Shulman, Secretary of the Arch Insurance Company, do hereby certify that the attached Power of Attorney dated May 4, 2023 on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said Stephen C. Ruschak, who executed the Power of Attorney as Executive Vice President, was on the date of execution of the attached Power of Attorney the duly elected Executive Vice President of the Arch Insurance Company IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the Arch Insurance Company on this Daay of December, 20 24.
A. ONL
Re A. Shulman, Secretary
his Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Compan except in the manner and to the extent herein stated
PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADDRESS:
Arch
Missoari
To verify the authenticity of this Power of Attorney, please contact Arch Insurance Company at [email protected] Please refer to the above named Attorney-in-Fact and the details of the bond to which the power is attached.
AICPOA040120 Printed in U.S.A.
ACKNOWLEDGMENT BY SURETY
STATE OF Illinois
ss.
County of Cook
260tn day of December 2024 , before me personally
On this
appeared Peter S. Forker _, known to, me to be the Attorney-in-Fact of Arch Insurance Company
, the corporation
that executed the within instrument, and acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County, the day and year in this certificate first above written.
OFFICIAL SEAL
г
NICHOLAS S JOSLYN Notary Public in the State of Illinois
NOTARY PUBLIC, STATE OF ILLINOIS
County of Cook
MY COMMISSION EXPIRES 03/03/27
S-0230/GE 10/99
XDP
MENIFE: MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.2)
FOR: Landscape $_1,126,750.00 Tract/Parcel Map TM37671-1 Total 1,126,750.00 Other Project Ref. IP23-039L
Bond No. SU1208453
Premium $ 4,225
Surety Arch Insurance Company Principal PULTE HOME COMPANY, LLC Address Harborside 3, 210 Hudson Street, Suite 300 Address 27401 Los Altos, Ste. 400 City/State Jersey City, NJ City/State _ Mission Viejo, CA Zip_ 07311-1107 Zip. 92691
Phone 201-743-4000 Phone 949-330-8544
WHEREAS, the City Council of the City of Menifee, State of California, and PULTE HOME COMPANY, LLC, (hereinafter designated as "principal") have entered into, or are about to enter into, the attached agreements) whereby principal agrees to install and complete the above designated public improvements relating to TM37671-1, which agreements), dated _ is/are hereby referred to and made a part hereof; and, WHEREAS, under the terms of said agreements), principal is required, before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Menifee to secure the claims to which reference is made in Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code of the State of California; NOW, THEREFORE, said principal and the undersigned, as corporate surety, are firmly bound unto the City of Menifee and all contractors, subcontractors, laborers, material suppliers, and other persons employed in the performance of the agreements) and referred to Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sum of One Million One Hundred Twenty-Six Thousand Seven Hundred Fifty and No/100 Dollars, ($1,126,750.00) for materials furnished or 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 thereot, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City of Menifee 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 upon that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 3 (commencing with Section 9000) of Part 6 of Division 4 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 void; otherwise, it shall be and remain in full force and effect. 10/26/20
MATERIAL AND LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreements) or to 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.
Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code are not a condition precedent to surety's obligations hereunder and are hereby waived by surety.
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on. December 26 2024
NAME OF PRINCIPAL: Pulte Home Company, LLC
AUTHORIZED SIGNATURE(S):
SEE ATTACHED
By:
Name: Darren Warren Gregory S. Rives
Assistant Treasurer
Title: VP of Land Acquisition and Dev
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Arch Insyrance g
AUTHORIZED SIGNATURE:
Its Attorney-in-Fact Peter S. Forker
(IF CORPORATION, AFFIX SEAL):
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
10/26/20
executed this 26 day of December , 2024.
Pulte Home Company, LLC
PRINCIPAL
Ballia
Notary Attached
NOTARY ACKNOWLEDGEMENT
STATE OF GEORGIA)
) sS.
COUNTY OF FULTON)
This record was acknowledged before me on Decembe- 26r ,2024, appeared aragery s. Rives as _ Assistant Treasure:
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 Public - State of Georgia
Fulton County
My Commission Expires Jul 14, 2026
Thile, Elepha
Signature of Notary Public
Shirley E. Hutchins
Notary Public State of Georgia
My Commission Expires: July 14, 2026
20927
This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated.
Not valid for Note, Loan, Letter of Credit, Currency Rate, Interest Rate or Residential Value Guarantees.
POWER OF ATTORNEY
Know All Persons By These Presents:
That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey (hereinafter referred to as the "Company") does hereby appoint:
Peter S. Forker, Rebecca Johlie, Nick Joslyn and William C. Behnke of Chicago, IL (EACH) Tammy L. Whicker, Mary E. Corley, Darla R. Ganley of Decatur, IL (EACH) its true and lawful Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as its act and deed:
ny and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding One Hundred Fifty Million Dollars S150.000.000.0 his authority does not permit the same obligation to be split into two or more bonds In order to bring each such bond within the dollar limit of authority as set for herein.
he execution of such beds, underakings, recognize name had ole sury ole and acknowledged by is presenty all ed as birds at us on theipaid Compay y Ily and amply to all intents and purposes, as it th
office in Jersey City, New Jersey.
This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company on August 31, 2022, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect:
"VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to uthorize them subject to the limitations set forth in their respective powers of attorney, to execute on behalf of the Company, and attach the seal of the Compan hereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents fo acceptance of process."
This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on August 31, 2022:
VOTED, That the signature of the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on August 31, 2022, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. In Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers, this 4" day of May, 2023.
Attested and Certified Arch Insurance Company
CORFORATE
A.8I
Arch SEAL
1971
Regan Shulman, Secretary Stephen C. Ruschak, Executive Vice President
STATE OF PENNSYLVANIA SS
COUNTY OF PHILADELPHIA SS Missouri
I, Michele Tripodi, a Notary Public, do hereby certify that Regan A. Shulman and Stephen C. Ruschak personally known to me to be the same persons whose names are respectively as Secretary and Executive Vice President of the Arch Insurance Company, a Corporation organized and existing under the laws of the State of Missouri, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary acts for the uses and purposes therein set forth.
Commonwealth of Pennsylvania - Notary Seal
MICHELE TRIPODI, Notary Public Kiefeli
Philadelphia County Michele Tripodi, Notary Public
My Commission Expires July 31, 2025 My commission expires 07/31/2025 Commission Number 1168622
CERTIFICATION
I, Regan A. Shulman, Secretary of the Arch Insurance Company, do hereby certify that the attached Power of Attorney dated May 4. 2023 on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said Stephen C. Ruschak, who executed the Power of Attorney as Executive Vice President, was on the date of execution of the attached Power of Attorney the duly elected Executive Vice President of the Arch Insurance Company 2N TESTIMONY WHEREOF, 1 have hereunto subscribe my name and affixed the corporate seal of the Arch Insurance Compary on this lay or December, A.8N
Res A. Shulman, Secretary
bis Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Compar ‹cept in the manner and to the extent herein state
PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADDRESS:
Missouri
To verify the authenticity of this Power of Attorney, please contact Arch insurance Company at [email protected] Please refer to the above named Attorney-in-Fact and the details of the bond to which the power is attached.
AICPOA040120 Printed in U.S.A.
ACKNOWLEDGMENT BY SURETY
STATE OF Illinois
ss.
County of Cook
On this day of December , 2024 before me personally
appeared Peter S. Forker _, known to, me to be the Attorney-in-Fact of Arch Insurance Company
, the corporation
that executed the within instrument, and acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County, the day and year in this certificate first above written.
OFFICIAL SEAL
NICHOLAS S JOSLYN
NOTARY PUBLIC, STATE OF ILLINOIS
MY COMMISSION EXPIRES 03/03/27 Notary Public in the State of Illinois County of Cook
S-0230/GE 10/99
XDP