SURVEY MONUMENT BOND
MENIFEE CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code section 66496)
Survey Monuments: $ 581,400.00 Tract/Parcel Map #: TM38994 581,400.00 Other Project Ref: Menifee Valley
TOTAL SECURITY: $ Residential TM
Bond No. 902042667-
800251133
Premium Amount: $2,325.60
Surety: Atlantic Specialty Insurance Company Principal: Minor Ranch, LLC Address: 605 Highway 169 North, Suite 800 Address: 3200 Park Center Drive, Suite 1000 City/State: Plymouth, MN City/State: Costa Mesa, CA
Zip Code: 55441 Zip Code: 92626
Phone: 416 575 7403 Phone: (714) 427-6868
WHEREAS, the City Council of the City of Menifee, State of California, and MINOR RANCH LLC (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to install and complete certain public and/or private improvements, including survey monuments and tie-ins, which said agreement, dated and
identified as TRACT MAP NO. 38994 FOR THE CONSTRUCTION OF STREET, DRAINAGE,
DOMESTIC WATER, RECYCLED WATER, SEWER IMPROVEMENTS, FLOOD CONTROL IMPROVEMENTS AND SURVEY MONUMENTS is hereby referred to and made a part hereof; and
WHEREAS, interior survey monuments will not be set at the time of the recordation of the map for the improvements; and
WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the payment of setting of the above-indicated survey monuments; and WHEREAS, pursuant to Section 66496 of the Government Code, principal's engineer or surveyor has certified on the map that survey monuments will be set on or before NOW, THEREFORE, we, the principal and Atlantic Specialty Insurance Company as surety, are held and firmly bound unto the City of Menifee hereinafter called (city"), in the penal sum of Five Hundred Eighty One Thousand Four Hundred...- 00/100 dollars ($581,400.00) lawful money of the United States, for the payment of which sum well and truly to 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 bounded 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 agreement and any alteration thereof made as therein provided, on his or their part, to be kept
SURVEY MONUMENT BOND
* MENIFEE CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code section 66496)
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 city, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by city 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 obligations 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.
The 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 24th June, 2026.
NAME OF PRINCIPAL: Minor Ranch, LLC
AUTHORIZED SIGNATURE(S):
By:
Name: Nicole Burdette
Division President
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Atlantic Specialty Insurance Company
AUTHORIZED SIGNATURE:
Tina McEwan, Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
intact
INSURANCE Power of Attorney
KNOW ALL MEN BY THESE PRESENTS, that ATLANTIC SPECIALTY INSURANCE COMPANY, a New York corporation with its principal office in Plymouth, Minnesota, does hereby constitute and appoint: Don E. Cornell, Joshua Saunders, Kelly A. Westbrook, Mikaela Peppers, Ricardo J. Reyna, Robbi Morales, Sophinie Hunter, Tina McEwan, Tonie Petranek, each individually if there be more than one named, its true and lawful Attorney-in-Fact, to make, execute, seal and deliver, for and on its behalf as surety, any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof; provided that no bond or undertaking executed under this authority shall exceed in amount the sum of: unlimited and the execution of such bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof in pursuance of these presents, shall be as binding upon said Company as if they had been fully signed by an authorized officer of the Company and sealed with the Company seal. This Power of Attorney is made and executed by authority of the following resolutions adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012:
Resolved: That the President, any Senior Vice President or Vice-President (each an "Authorized Officer") may execute for and in behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and affix the seal of the Company thereto; and that the Authorized Officer may appoint and authorize an Attorney-in-Fact to execute on behalf of the Company any and all such instruments and to affix the Company seal thereto: and that the Authorized Officer may at any time remove any such Attorney-in-Fact and revoke all power and authority given to any such Attorney-in- Fact.
Resolved: That the Attorney-in-Fact may be given full power and authority to execute for and in the name and on behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and any such instrument executed by any such Attomey-in-Fact shall e as binding upon the Company as if signed and sealed by an Authorized Officer and, further, the Attorney-in-Fact is hereby authorized to verify any affidav equired to be attached to bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereo This power of attorney is signed and sealed by facsimile under the authority of the following Resolution adopted by the Board of Directors of ATLANTIC SPECIALTY INSÚRANCE COMPANY on the twenty-fifth day of September, 2012:
Resolved: That the signature of an Authorized Officer, the signature of the Secretary or the Assistant Secretary, and the Company seal may be affixed b asimile to any power of attorney or to any certificate relating thereto appointing an Attorney-in-Fact for purposes only of executing and sealing any bonc indertaking, recognizance or other written obligation in the nature thereof, and any such signature and seal where so used, being hereby adopted by the Compar s the original signature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as thoug manually affixed.
IN WITNESS WHEREOF, ATLANTIC SPECIALTY INSURANCE COMPANY has caused these presents to be signed by an Authorized Officer and the seal of the Company to be affixed this first day of January, 2023.
CORPORATE
SEAL
1986 By
STATE OF MINNESOTA NEW YORK Sarah A. Kolar, Vice President and General Counsel HENNEPIN COUNTY ....
On this first day of January, 2023, before me personally came Sarah A. Kolar, Vice President and General Counsel of ATLANTIC SPECIALTY INSURANCE COMPANY, to ALISON D. NASH-TROUT
NOTARY PUBLIC - MINNESOTA
My Commission Expires
January 31, 2030 Notary Public
Signed and sealed. Dated 24th
This Power of Attorney expires
January 31, 2030 Kara L.B. Barrow, Secretary
Please direct bond verifications to [email protected] State of Texas
County of Dallas
June 241h 2026
On before me, Tonie G. Petranek, Notary Public, personally appeared Tina McEwan who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person. or the entity upon behalf of which the person acted, executed this instrument.
WITNESS, my hand and seal on this W4kh day of Jun
2026
Tonie G Petranek
My Commission Explres
Signature 2/26/2030
Signature of Notary Public Tonie G. Petranek Notary ID125187204 A notary public or other officer completing this
truthfulness, accuracy, or validity of that
document.
STATE OF CALIFORNIA
ss.
COUNTY OF Orange
June 25th 2026, before me, _ Vanessa Shaw _ Notary Public, personally appeared _ Nicole Burdette, 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 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.
VANESSA SHAW
Notary Public - California
Orange County
Commission # 2539195
My Comm, Expires Nov 17, 2029
Notary Public