FAITHFUL PERFORMANCE BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
Streets and Drainage: $ 0 Tract/Parcel Map#: TM 31456
Riv. Co. Flood Control: $ Other Project Ref: IP24-055L
Water System: 0 Bond No. 3003931
Recycled Water: $ Premium Amount: ]
Sewer System: $ 0
Landscape: $ 650,000.00
TOTAL SECURITY: $ 650,000.00
HARCO NATIONAL INSURANCE COMPANY Principal: KB Home Cal Management Services LLC Surety:
Address: 4200 SIX FORKS ROAD, SUITE 1400 Address: 36310 inland Valley Drive, Suite 300 City/State: RALEIGH, NC City/State Wildomar, CA
Zip Code: 27609 Zip Code: 92595
Phone: (919) 833-1600 Phone: (951) 691-5282
WHEREAS, the City Council of the City of Menifee, State of California (hereinafter designated as "city"), and KB Home Cal Management Services 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 Ladera, TM 31456 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 Harco National Insurance Company as surety, are held and firmly bound unto the city, in the penal sum of_Six-Hundred Fifty Thousand and 00/100 dollars ($ 650,000.00 ) 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 attorney's fees, incurred by city in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.
FAITHFUL PERFORMANCE BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
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 March 20, 2026.
NAME OF PRINCIPAL: KB Home Cal Management Services LLC
AUTHORIZED SIGNATURE(S):
By:
Name: Scott Hansen
Vice President, Forward Planning
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Harco National Insurance Company
AUTHORIZED SIGNATURE:
My Hua, Its Attorney-in-Fact Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individual ho signed the document, to which this certificate is attached, and not the truthfulness, accurac validity of that documen
State of California
County of Riverside
MAR 2 3 2026 _ before me, Desiree A. Perez, Notary
Public, personally appeared Scott Hansen, 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.
DESIREE A. PEREZ
Notary Public - California
Riverside County
Commission 2398856
Av Camm. Exaires Mar 27,2026
Desiree A. Perez (SEAL)
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
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 _ Orange
MAR 20 2026
On before me, Kathy R. Mair, Notary Public
DATE [Name of Notary Public and Title "Notary Public")
My Hua - - - - - - --...
personally appeared [Name(s) of Signers)]
who proved to me on the basis of satisfactory evidence to be the personfs) 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.
KATHY R. MAIR
Notary Public - California
Orange County
Commission # 2518209 Keel Men
My Comm Expires May 22, 2029
Signature of Notary Public
Place Notary Seal Above
- OPTIONAL
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:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: My Hua 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:
POWER OF ATTORNEY Bond # 3003931
HARCO NATIONAL INSURANCE COMPANY
INTERNATIONAL FIDELITY INSURANCE COMPANY
Member companies of IAT Insurance Group, Headquartered: 4200 Six Forks Rd, Suite 1400, Raleigh, NC 27609 KNOW ALL MEN BY THESE PRESENTS: That HARCO NATIONAL INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Illinois, and INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Nev Jersey, and having their principal offices located respectively in the cities of Rolling Meadows, Illinois and Newark, New Jersey, do hereby constitute and appoint
MY HUA, KATHY R. MAIR, MECHELLE LARKIN
Irvine, CA
their true and lawful attorney(s)-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or permitted by law, statute, rule, regulation, contract This Power of Attorney is executed, and may be revoked, pursuant to and by authority of the By-Laws of HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY and is granted under and by authority of the following resolution adopted by the Board of Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting duly held on the 13th day of December, 2018 and by the Board of 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, 2025
INSUP
STATE OF NEW JERSEY STATE OF ILLINOIS
CORPORAT
CORPOR County of Essex County of Cook
SEAL SEAL
1904 1984
KLINOIS
Michael F. Zurcher
Executive Vice President, Harco National Insurance Company and International Fidelity Insurance Company
On this 31st day of December, 2025 , before me came the individual who executed the preceding instrument, to me personally known, anc being by me duly sworn, said he is the therein described and authorized officer of HARCO NATIONAL INSURANCE COMPANY anc IN TESTIMONY WHEREOF, I have hereunto set my hand affixed my Official Seal, at the City of Newark, CATHY CAU New Jersey the day and year first above written.
NOTARY
PUBLIC Carty Guy
TOENEW TE 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 that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Sections of the By-Laws of said Companies as set forth in said Power of Attorney, with the originals on file in the home office of said companies, and that the same are correct transcripts thereof, and of the whole of the said originals, and that the said Power of Attorey has not been revoked and is now in full force and effect.
IN TESTIMONY WHEREOF, I have hereunto set my hand on this day, March 20, 2026 Quellate
A01631
Irene Martins, Assistant Secretary
CITY OF
PAYMENT BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
Streets and Drainage: $ Tract/Parcel Map #: _TM 31456
Riv. Co. Flood Control: $ Other Project Ref: IP24-055L
Water System: $ Premium And unt: 1300303 Petamanoe Bond Bond No.
Recycled Water: $ 0
Sewer System: $ 0
Landscape: $ 650,000.00
TOTAL SECURITY: $ 650,000
Surety: HARCO NATIONAL INSURANCE COMPANY Principal: KB Home Cal Management Services LLO Address: 4200 SIX FORKS ROAD, SUITE 1400 Address: 36310 Inland Valley Drive, Suite 300 RALEIGH, NC City/State Wildomar, CA
City/State:
27609 92595
Zip Code: Zip Code:
Phone: (919) 833-1600 Phone: (951) 691-5282
WHEREAS, the City Council of the City of Menifee, State of California (hereinafter designated as "city"), and (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 Ladera, TM 31456 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 Six-Hundred Fifty Thousand and 00/100 dollars ($_650,000.00), 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
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.
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 March 20, 2026.
NAME OF PRINCIPAL: KB Home Cal Management Services LLC
AUTHORIZED SIGNATURE(S):
By:
Name: Seott Hansen
Vice Fresident, Forward Planning
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Harco National Insurance Company
AUTHORIZED SIGNATURE:
Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individua or v aside d the documen to which this certificate is attached, and not the truthfulness, accuracy.
State of California
County of Riverside
On MAR 2 3 2026 _ before me, Desiree A. Perez, Notary
Public, personally appeared Scott Hansen, 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.
DESIREE A. PEREZ
Notary Public - California
Riverside County
Commission#2398856
My Comm. Expires Mar 27. 2026
Desiree A. Pere (SEAL)
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
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 Orange
MAR 20 2026 Kathy R. Mair, Notary Public
On before me,
DATE [Name of Notary Public and Title "Notary Public"]
personally appeared My Hua - - - Name (s) of Signer i
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 signaturefs) 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.
KATHY R. MAIR WITNESS my hand and official seal.
Notary Public - California
Orange County ANNAT
Commission # 2518209
• Cr. mm Expires May 22, 2029 Kalun Main
Signature of Notary Public
Place Notary Seal Above
- OPTIONAL
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:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: My Hua Signer's Name:
Corporate Officer - Title(s): Corporate Officer - Title(s):
Partner - L Limited L General Partner - • Limited • General Individual X Attorney-in-Fact Individual Attorney-in-Fact Trustee Guardian or Conservator Trustee Guardian or Conservator Other: Other:
Signer Is Representing: _ Signer is Representing:
POWER OF ATTORNEY Bond # 3003931
HARCO NATIONAL INSURANCE COMPANY
INTERNATIONAL FIDELITY INSURANCE COMPANY
Member companies of IAT Insurance Group, Headquartered: 4200 Six Forks Rd, Suite 1400, Raleigh, NC 27609 KNOW ALL MEN BY THESE PRESENTS: That HARCO NATIONAL INSURANCE COMPANY, a corporation organized and existing under the laws o he State of Illinois, and INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Nev Jersey, and having their principal offices located respectively in the cities of Rolling Meadows, Illinois and Newark, New Jersey, do hereby constitute and appoint
MY HUA, KATHY R. MAIR, MECHELLE LARKIN
Irvine, CA
heir rule and ater tings feliang to eater, shere, deck are and obe aloved, required or permitted by law, and endle eiga, on cant o heir true and lawful attorney(s)-in-fact to execute or otherwise, and the execution of such instruments) in pursuance of these presents, shall be as binding upon the said HARCO NATIONAL NSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY, as fully and amply, to all intents and purposes, as if the same ha 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 and INTERNATIONAL FIDELITY INSURANCE COMPANY and is granted under and by authority of the following resolution adopted by the Board of Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting duly held on the 13th day of December, 2018 and by the Board of 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, 2025
AL INSUR
STATE OF NEW JERSEY STATE OF ILLINOIS CORPORAT
County of Essex County of Cook
SEAL SEAL
1984
-CLINOIS
Michael F. Zurcher
Executive Vice President, Harco National Insurance Company and Intemational Fidelity Insurance Company
On this 31st day of December, 2025 , before me came the individual who executed the preceding instrument, to me personally known, and, being by me duly sworn, said he is the therein described and authorized officer of HARCO NATIONAL INSURANCE COMPANY and NTERNATIONAL FIDELITY INSURANCE COMPANY; that the seals affixed to said instrument are the Corporate Seals of said Companies; that the 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, CẶTHY CRUS New Jersey the day and year first above written.
NOTARY
PUBLIC carty Gag
STATE OF NEN 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 INTERMATIONAL FIDELITY INSURANCE COMPANY do hereby certify that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Sections of the By-Laws of said Companies as set forth in said Power of Attorney, with the originals on file in the home office of said companies, and that the same are correct transcripts thereof, and of the whole of the said originals, and that the said Power of Attorney has not been revoked and is now in full force and effect.
IN TESTIMONY WHEREOF, I have hereunto set my hand on this day, March 20. 2026 RenaMato
A01631
Irene Martins, Assistant Secretary