CITY OF
FAITHFUL PERFORMANCE BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
Streets and Drainage: $ 0.00 Tract/Parcel Map#: _TM38994 Riv. Co. Flood Control: $ 8,267,972.00 Other Project Ref: _IP25-044 Water System: $ 0.00 Bond No. 038010128
Recycled Water: $ 0.00 Premium Amount: $33.071.88
Sewer System: $ 0.00
Landscape: $ 0.00
TOTAL SECURITY: $ 8,267,972.00
Surety: Liberty Mutual Insurance Company Principal: Minor Ranch LLC Address: 175 Berkeley Street Address: 3200 Park Center Drive, Suite 1000 City/State: Boston, MA City/State:
Costa Mesa, CA
Zip Code: 02116 Zip Code: 92626
Phone: +1 617-357-9500 Phone: 714-200-1571
WHEREAS, the City Council of the City of Menifee, State of California (hereinafter designated as "city"), and Minor Ranch LLC (hereinafter designated as "principal") have entered into an agreement whereby the principal agrees to install and complete certain designated public and/or private improvements, which agreement, dated
identified as Subdivision Improvement Agreement, Tract 38994 is hereby referred to and made a part hereof; and
WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement.
NOW, THEREFORE, we, the principal and Liberty Mutual Insurance Company as surety, are held and tirmly bound unto the city, in the penal sum of Eight Million Two Hundred Sixty Seven Thousand Nine Hundred Seventy Two-- 00/100 Dollars ($8,267,972.00) 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 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
CITY OF
FAITHFUL PERFORMANCE BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
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.
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 May 21st, 2026.
NAME OF PRINCIPAL: Minor Ranch LLC
AUTHORIZED SIGNATURE(S):
By: Ши В
Name: Nicole Burdette
Division President
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Liberty Mutual Insurance Company
AUTHORIZED SIGNATURE: Tie MS
Tina McEwan, Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
Liberty POWER OF ATTORNEY
Mutuál. Certificate No: 8213587-022020
Liberty Mutual Insurance Company
SURETY The Ohio Casualty Insurance Company
West American Insurance Company
KNOWN ALL PERSONS BY THESE PRESENTS: That The Ohio Casually Insurance Company is a corporation duly organized under the laws of the State of New Hampshire, that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American insurance Company is a corporation duly organized under the laws of the State of Indiana (herein collectively called the "Companies"), pursuant to and by authority herein set forth, does hereby name, constitute and appoint, DonE.
Cornell; Sophinie Hunter; Tina McEwan; Robbi Morales: Mikaela Peppers: Tonie Petranek; Ricardo J. Reyna; Joshua Saunders; Kelly A. Westbrook all of the city of Dallas state of TX each individually if there be more than one named, its true and lawful attomey-in-fact to make, execute, seal, acknowledge and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings, bonds, recognizances and other surety obligations, in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons.
IN WITNESS WHEREOF, this Power of Attomey has been subscribed by an authorized officer or oficial of the Companies and the corporate seals of the Companies have been affixed thereto this 2nd day of April 2025
Liberty Mutual Insurance Company
The Ohio Casualty Insurance Company
INSURANCE West American Insurance Company
«CORPORATED I CORPORATE
1912 1919 1991 Math1 L
INDIANA
3Н1 LSEM Ву: inquiries,
Nathan J. Zangerle, Assistant Secretary
State of PENNSYLVANIA
SS
credit, County of MONTGOMERY verification [email protected].
On this 2nd day of April 2025 before me personally appeared Nathan J. Zangerle, who acknowledged himself to be the Assistant Secretary of Liberty Mutual insurance Company, The Ohio Casually Company, and West American Insurance Company, and that he, as such, being authorized so to do, execute the foregoing instrument for the purposes letter of therein contained by signing on behalf of the corporations by himself as a duly authorized officer.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my notarial seal at Plymouth Meeting, Pennsylvania, on the day and year first above written. POA loan, PASTELL
Commonwealth of Pennsylvania - Notary Seal
currency rate, interest rate or residual value guarantees TER Teresa Pastella, Notary Public Mongomery County Pastella or email
note, My commission expires March 28, 2029 By: of Attorney Commission number 1126044
Teresa Pastella, Notary Public
Member, Pennsylvania Association of Nolaries
This Power of Attomey is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company, Liberty Mutual ower Insurance Company, and West American Insurance Company which resolutions are now in full force and effect reading as follows:
ARTICLE IV - OFFICERS: Section 12. Power of Attorney. ОГ Not valid for mortgage Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President, and subject to such limitation as the Chairman or the and/ please call 610-832-8240 President may prescribe, shall appoint such attorneys-in-fact, as may be necessary to act in behalf of the Corporation to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys-in-fact, subject to the limitations set forth in their respective powers of attorney, shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so executed, such For bond instruments shall be as binding as if signed by the President and attested to by the Secretary. Any power or authority granted to any representative or attomey-in-fact under the provisions of this article may be revoked at any time by the Board, the Chairman, the President or by the officer or officers granting such power or authority.
ARTICLE XIII - Execution of Contracts: Section 5. Surety Bonds and Undertakings.
Any officer of the Company authorized for that purpose in writing by the chairman or the president, and subject to such limitations as the chairman or the president may prescribe, shall appoint such attomeys-in-fact, as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attomeys-in-fact subject to the limitations set forth in their respective powers of attomey, shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so executed such instruments shall be as binding as if signed by the president and attested by the secretary.
Certificate of Designation - The President of the Company, acting pursuant to the Bylaws of the Company, authorizes Nathan J. Zangerle, Assistant Secretary to appoint such attomeys-in-fact as may be necessary to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations.
Authorization -By unanimous consent of the Company's Board of Directors, the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company, wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with the same force and effect as though manually affixed.
1, Renee C. Llewellyn, the undersigned, Assistant Secretary, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company do hereby certify that the original power of attorey of which the foregoing is a full, true and correct copy of the Power of Attorney executed by said Companies, is in full force and effect and has not been revoked.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seals of said Companies this 21st day of May 2026.
RICAN INSURANCE
CORPORATE
1912 1919 1991
By:
3Н1 ANY NOD 1S3N Renee C. Liewellyn, Assistant Secretary LMS-12873 LMIC OCIC WAIC Multi Co 02/24
State of Texas
County of Dallas
On May aist 2024 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 21st _ day of May
2026е
Tonie G Petranek
Soni Co Petrand My Commlesion Expres
Signature 2/26/2030
Signature of Notary Public Tonie G. Petranek Notary ID125197204 A notary public or other officer completing this
ertificate verifies only the identity of the
individual who signed the document to whick
this certificate is attached, and not the
truthfulness, accuracy, or validity of that
document.
STATE OF CALIFORNIA )
) ss.
COUNTY OF Orange
May 26th , 2026, before me, Vanessa Shaw
personally appeared Nicole Burdette _ Who proved to me on the basis of satisfactory evidence t 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.
VANESSA SHAW
Notary Pubile - Caltformia
Orange County
Commissien # 2539195
My Comm. Expires Nav 17, 2029
CITY OF
PAYMENT BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
Streets and Drainage: $ 0.00 Tract/Parcel Map #: TM38994 Riv. Co. Flood Control: $ 8.267.972.00 Other Project Ref: IP25-044 Water System: $ 0.00 Bond No. 038010128
0.00 Premium Amount: $33.071.88
Recycled Water: $
Sewer System: $ 0.00
Landscape: $ 0.00
TOTAL SECURITY: $ 8.267.972.00
Surety: Liberty Mutual Insurance Company Principal: Minor Ranch LLC Address: 175 Berkeley Street Address: 3200 Park Center Drive, Suite 1000 City/State: Boston, MA City/State:
Costa Mesa, CA
Zip Code: 02116 Zip Code: 92626
Phone: +1 617-357-9500 Phone: 714-200-1571
WHEREAS, the City Council of the City of Menifee, State of California (hereinafter designated as "city"), and Minor Ranch LLC (hereinafter designated as "principal") have entered into an agreement whereby the principal agrees to install and complete certain designated public and/or private improvements, which agreement, dated and identified as Subdivision Improvement Agreement, Tract 38994 is hereby referred to and made a part hereof; and
WHEREAS, under the terms of the agreement, the principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the city 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.
NOW, THEREFORE, the principal and the undersigned as corporate surety, are held firmly bound unto the city and all contractors, subcontractors, laborers, material suppliers, and other persons employed in the performance of the agreement and referred to in Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sum of Eight Million Two Hundred Sixty Seven Thousand Nine Hundred Seventy Two -- 00/100 Dollars ($8,267,972.00), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor, that the 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 thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by city in successfully enforcing this 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 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.
CITY OF
PAYMENT BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
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.
The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or addition.
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 May 21st, 2026.
NAME OF PRINCIPAL: Minor Ranch LLC
AUTHORIZED SIGNATURE(S):
By: UuB
Name: Nicole Burdette
Division President
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Liberty Mutual Insurance Company
AUTHORIZED SIGNATURE:
Tina McEwan, Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
Liberty POWER OF ATTORNEY
Mutual. Certificate No: 8213587-022020
Liberty Mutual Insurance Company
SURETY The Ohio Casualty Insurance Company
West American Insurance Company
KNOWN ALL PERSONS BY THESE PRESENTS: That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the State of New Hampshire, that iberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American Insurance Company is a corporation duly organize nder the laws of the State of Indiana (herein collectively called the "Companies"), pursuant to and by authority herein set forth, does hereby name, constitute and appoint, Don! Cornell; Sophinie Hunter; Tina McEwan; Robbi Morales: Mikaela Peppers: Tonie Petranek; Ricardo J. Reyna; Joshua Saunders; Kelly A. Westbrook all of the city of Dallas state of each individually if there be more than one named, its true and lawful attomey-in-fact to make, execute, seal, acknowledge and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings, bonds, recognizances and other surety obligations, in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons.
IN WITNESS WHEREOF, this Power of Attomey has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 2nd day of April 2025
Liberty Mutual Insurance Compan
INSURA The Ohio Casualty Insurance Compar
CASUALTY INSURANCE West American Insurance Company
MUTUAL СОКРОВАТИ CORPORATE
1912 8 1919 1991 Math1 L
OHIO
INDIANA
SHI ISEM ANTO By: inquiries,
guarantees. Nathan J. Zangerle, Assistant Secretary
State of PENNSYLVANIA
SS
credit, County of MONTGOMERY [email protected].
On this 2nd day of April 2025 before me personally appeared Nathan J. Zangerle, who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance verification letter of value Company, The Ohio Casually Company, and West American Insurance Company, and that he, as such, being authorized so to do, execute the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my notarial seal at Plymouth Meeting, Pennsylvania, on the day and year first above written. (POA) loan. ASTELL
Commonwealth of Pennsylvania - Notary Seat
Teresa Pastella, Nolary Public
Montgomery County teresa Pastella
, note My commission expires March 28, 2029 By:
Commission number 1126044
Member, Pennsylvania Association of Nolaries Teresa Pastella, Notary Public currency rate, interest rate or residual or Power of Attornev This Power of Attomey is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company which resolutions are now in full force and effect reading as follows: •lease call 610-832-8240 or emai ARTICLE IV - OFFICERS: Section 12. Power of Attomey.
Not valid for mortgage Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President, and subject to such limitation as the Chairman or the and President may prescribe, shall appoint such attorneys-in-fact, as may be necessary to act in behalf of the Corporation to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys-in-fact, subject to the limitations set forth in their respective powers of attomey, shali have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so executed, such For bond instruments shall be as binding as if signed by the President and attested to by the Secretary. Any power or authority granted to any representative or attomey-in-fact under the provisions of this article may be revoked at any time by the Board, the Chairman, the President or by the officer or officers granting such power or authority.
ARTICLE XIlI - Execution of Contracts: Section 5. Surety Bonds and Undertakings.
Any officer of the Company authorized for that purpose in writing by the chairman or the president, and subject to such limitations as the chairman or the president may prescribe, shall appoint such attomeys-in-fact, as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, onds, recognizances and other surety obligations. Such attomeys-in-fact subject to the limitations set forth in their respective powers of attomey, shall have full power to bind th Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so executed such instruments shall be as binding as i signed by the president and attested by the secretary.
Certificate of Designation - The President of the Company, acting pursuant to the Bylaws of the Company, authorizes Nathan J. Zangerle, Assistant Secretary to appoint such attoreys-in-fact as may be necessary to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations.
Authorization -By unanimous consent of the Company's Board of Directors, the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company, wherever appearing upon a certified copy of any power of attomy issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with the same force and effect as though manually affixed.
1, Renee C. Llewellyn, the undersigned, Assistant Secretary, The Ohio Casually Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company do hereby certify that the original power of attomey of which the foregoing is a full, true and correct copy of the Power of Attomey executed by said Companies, is in full force and effect and has not been revoked.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seals of said Companies this 21st day of May 2026.
INSURANCE INSURANCE ERICAN INSURANCE
(CORTORAT
1912 1919 1991
SARACHUSE ДІнО ANTINO By:
142391 INDIANA Renee C. Llewellyn, Assistant Secretary
LMS-12873 LMIC OCIC WAIC Multi Co 02/24
State of Texas
County of Dallas
Man 2lst 2026 before me, Tonie G. Petranek, Notary Public, personally appeared Tina McEwan who proved to me on the basis of satistactory 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 sigrature 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 2tst day of May
гоги
Tonie G Petranek
true 6. Petron My Commission Expres
Signature 2/26/2030
Signature of Notary Public Tonie G. Petranek Notary ID 125197204 A notary public or other officer completing this
truthfulness, accuracy, or validity of that
document.
STATE OF CALIFORNIA
ss.
COUNTY OF _Orange
May 26th , 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