CITY OF
FAITHFUL PERFORMANCE BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
Streets and Drainage: $ 2,430,000.00 Tract/Parcel Map #: 38303 Riv. Co. Flood Control: $ 0.00 Other Project Ref: IP24-021S IP24-021SL
IP24-021SS
Water System: $ 0.00 Bond No. TCS0172939
Recycled Water: $ 0.00 Premium Amount: $9,720.00
Sewer System: $ 0.00
Landscape: $ 0.00
TOTAL SECURITY: $ 2,430,000.00
Surety: Trisura Insurance Company Principal: Minor Ranch LLC Address: 210 Park Avenue, Suite 1300 Address: 3200 Park Center Drive, Suite 1000 City/State: Oklahoma City, OK City/State Costa Mesa, CA Zip Code: 73102 Zip Code: 92626
Phone: 405-583-6203 Phone: 714-427-6868
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 November 6, 2024 and identified as SUBDIVISION IMPROVEMENT AGREEMENT TRACT MAP NO. 38303 FOR THE
CONSTRUCTION OF STREET, DRAINAGE, DOMESTIC WATER, RECYCLED WATER, AND SEWER IMPROVEMENTS 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 TRISURA INSURANCE COMPANY as surety, are held and firmly bound unto the city, in the penal sum of Two Million Four Hundred Thirty Thousand-... - 00/100 Dollars ($2,430,000.00) 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.
CITY OF
FAITHFUL PERFORMANCE BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
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.
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 wid, on thereuty, his instrument has been duly executed by the principal and surety above NAME OF PRINCIPAL: MINOR RANCH LLC
AUTHORIZED SIGNATURE(S):
By: JuB
Name: Nicole Burdette
Division President
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: TRISURA INSURANCE COMPANY
VienK
AUTHORIZED SIGNATURE:
Tina McEwan, Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
A notary public or other officer completing this
truthfulness, accuracy, or validity of that
document.
STATE OF CALIFORNIA
SS.
COUNTY OF Orange
, 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 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 Public - Caltfornia
Orange County
Commission # 2539195
My Comm. Expires Nov 17, 2029
2 Stamford Plaza
Suite 1504, 281 Tresser Boulevard
TRISURA Stamford, Connecticut 06901
[email protected]
POWER OF ATTORNEY
TRISURA INSURANCE COMPANY
Bond # TCS0172939
KNOW ALL MEN BY THESE PRESENTS: That TRISURA INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Oklahoma, authorized to conduct a surety business, and having its principal place of business at 2 Stamford Plaza, Suite 1504, Tresser Boulevard, Stamford, Connecticut 06901, does hereby constitute and appoint:
Tracy Aston, Samantha Russell, Rosa E. Rivas, Meghan Curry, Mary L. Yohnke, Tina McEwan, Vanessa Fong, Sandy McElhaney
cont arus of identity and the witches ebieute, seat an native for and on its be or maybe lane, dealed or per under by law, tatute, rule, regulation, contract or otherwise, and the execution of such instruments) in pursuance of these presents, shall be as inding upon the said TRISURA INSURANCE COMPANY, as fully and amply, to all intents and purposes, as if the same had been dul 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 TRISURA INSURANCE COMPANY and is granted under and by authority of the following resolution adopted by the Board of Directors of TRISURA INSURANCE COMPANY.
"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, TRISURA INSURANCE COMPANY have each executed and attested these presents on this 24th day of June, 2025.
STATE OF Connecticut
County of Fairfield SEAL
George James, Chief Underwriting Officer, Surety
On this 24th day of June, 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 TRISURA 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 Official Seal, at the County of Fairfield, State of Connecticut the day and year first above written.
Tysheena Holeyfield TYSHEENA HOLEYFIELD
_ a Notary Public of Connecticut Notary Public, Connecticut 430-30 My Commission Expires 06/30/2030
My Commission Expires:
1, the undersigned officer of TRISURA 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, ate at the said Pre of satorey a not behree and is orice are an herect, and of the whole of the said IN TESTIMONY WHEREOF, I have hereunto set my hand on this_17TH_ day of _JULY _ 2026 By: _
Name: Terry Michalakos
Title: Senior Vice President
TO CONFIRM AUTHENTICITY OF THIS BOND OR DOCUMENT EMAIL: [email protected] State of Texas
County of Dallas
July i7th oze 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. 17th Jadly
WITNESS, my hand and seal on this day of
2024
Tonio G Petranek
6 Petrina My Commission Expires
Signature Sena 2/26/2030
Signature of Notary Public Tonie G. Petranek Notary ID 125197204
CITY OF
PAYMENT BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
Streets and Drainage: $ 2,430,000.00 Tract/Parcel Map #: TM38303 Riv. Co. Flood $ 0.00 Other Project Ref: IP24-021S
Control: IP24-021SL
IP24-021SS
Water System: $ 0.00 Bond No. TCS0172939
Recycled Water: $ 0.00 Premium Amount: $9,720.00
Sewer System: $ 0.00
Landscape: $ 0.00
TOTAL SECURITY: $ 2,430,000.00
Surety: Trisura Insurance Company Principal: Minor Ranch LLC Address: 210 Park Avenue, Suite 1300 Address: 3200 Park Center Drive, Suite 1000 City/State: Oklahoma City, OK City/State Costa Mesa, CA Zip Code: 73102 Zip Code: 92626
Phone: 405-583-6203 Phone: 714-427-6868
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 November 6, 2024 and identified as SUBDIVISION IMPROVEMENT AGREEMENT TRACT MAP NO. 38303 FOR THE
CONSTRUCTION OF STREET, DRAINAGE, DOMESTIC WATER, RECYCLED WATER, AND SEWER IMPROVEMENTS 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 Two Million Four Hundred Thirty Thousand --.. - 00/100 Dollars ($2,430,000.00) 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.
CITY OF
PAYMENT BOND
MENIFEE IMPROVEMENT PROJECTS
CITY OF MENIFEE, STATE OF CALIFORNIA
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.
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.
n witness whereof, this instrument has been duly executed by the principal and surety above named, on 17* July, 2026.
NAME OF PRINCIPAL: MINOR RANCH LLC
AUTHORIZED SIGNATURE(S):
By:
Name: Nicole Burdette
Division President
Title:
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: IRISURA INSURANCE COMPANY
AUTHORIZED SIGNATURE:
Tina McEwan, Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT.
A notary public or other officer completing this
truthfulness, accuracy, or validity of that
document.
STATE OF CALIFORNIA
SS.
COUNTY OF _Orange
July 20th _, 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 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 Public - California
Orange County
Commission / 2539195
My Comm. Expires Nov 17, 2029
Notary Public
2 Stamford Plaza
Suite 1504, 281 Tresser Boulevard
TRISURA Stamford, Connecticut 06901
[email protected]
POWER OF ATTORNEY
TRISURA INSURANCE COMPANY
Bond # TCS0172939
KNOW ALL MEN BY THESE PRESENTS: That TRISURA INSURANCE COMPANY, a corporation organized and existing under the laws of the State of Oklahoma, authorized to conduct a surety business, and having its principal place of business at 2 Stamford Plaza, Suite 1504, Tresser Boulevard, Stamford, Connecticut 06901, does hereby constitute and appoint:
Tracy Aston, Samantha Russell, Rosa E. Rivas, Meghan Curry, Mary L. Yohnke, Tina McEwan, Vanessa Fong, Sandy McElhaney
sit trus or deful attorneyier wac s execute, eat an nativet ferent, nis are al assure til oved, deal bonds andined aking eir true and lawful attorney(s)-in-tact to execute, s tatute, rule, regulation, contract or otherwise
taline, rule relation, rtracre on the eatin and am in to intent pursuase of shese seen all a 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 TRISURA INSURANCE COMPANY and is granted under and by authority of the following resolution adopted by the Board of Directors of TRISURA INSURANCE COMPANY.
"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, TRISURA INSURANCE COMPANY have each executed and attested these presents on this 24th day of June, 2025.
STATE OF Connecticut
County of Fairfield SEAT
George James, Chief Underwriting Officer, Surety
On this 24th day of June, 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 TRISURA 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 Official Seal, at the County of Fairfield, State of Connecticut the day and year first above written.
Tysheena Holeyfield TYSHEENA HOLEYFIELD
Italyine → a Notary Public of Connecticut Notary Public, Connecticut 1 30-30 My Commission Expires 06/30/2030
My Commission Expires:
I, the undersigned officer of TRISURA 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 saic 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 17TH day of _JULY 2026 By: _
Name: Terry Michalakos
Title: Senior Vice President
TO CONFIRM AUTHENTICITY OF THIS BOND OR DOCUMENT EMAIL: [email protected] State of Texas
County of Dallas
July 17th 2026 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.
WETNESS. my hand and seal on this 17th day of July
Tonio G Petranek
y Commission Expre
Signature 126/203
Signature of Notary Public Tonie G. Petranek Notary ID125197204