AGREEMENT FOR CONSTRUCTION OF IMPROVEMENTS
WHEREAS, the undersigned, Bushnell Povelopment Wreferred to herein as the "Developer" whose principal street address
5001 Bushnell Ave, Riverside CA _ whose mailing address, if different, and whose telephone number is
(114)Say-5295, has made application to the City of Riverside, referred to herein as the "City", for approval of project designated Tract Map 37740; and WHEREAS, the Developer has not completed all of the work, or made all of the improvements required as a condition of approval of the project and desires to enter into a contract for the completion of the work and the installation of the improvements and to furnish security for the performance of this contract;
NOW, THEREFORE, in consideration of the approval of above designated project by the City, and as a condition of such approval, the Developer promises and agrees at the Developer's own expense to do all of the work and make all of the improvements required which work and improvements, without limitation by enumeration, consist of the following:
Curb and gutter, A.C. Berm, cross gutters and apron, sidewalk, driveway approaches, wheelchair ramps, A.C. paving, aggregate base material, A.C. overlay, Driveway removal, A.C. Berm Removal, Street Name signs, sanitary sewer laterals, sanitary sewer mains and appurtenances, street lighting system and underground utilities, water and appurtenances; all or some of which as shown on street, water, electric and sewer plans.
The above enumeration of items is understood to be only a general designation of the work and improvements, and not a binding description thereof. All of the work shall be done and improvements made and completed as shown on and in strict compliance with applicable plans and specifications, and any subsequent alterations thereto. Alterations in the plans and specifications and the work to be performed may be accomplished without giving prior notice thereof to the surety; however, the amount of the surety's obligations shall not be changed. In no event shall such change result in exonerating the surety's obligations. Such work shall be completed and improvements made within one year from the date of this agreement, unless such time be extended by the City upon written application of the Developer.
As a condition of granting a time extension, the City at its option may require a new security and agreement to reflect any revised estimated cost, as determined by the City, of the work and the improvements for the city of the period covered by the time extension.
security for this agreement, the
nderstood that to preading security e
311-56/CL 212 (Rev. 5/87) 1
City to the Developer and waives notices of such extension. The making of an application for an extension of time by the Developer shall, upon granting of the application by the City, constitute a waiver by the Developer and by the surety of all defenses of laches, estoppel, statutes of limitations, and other limitations of action, in any action, or proceeding filed by the City within the period of four years immediately following the date to which the time of performance was extended.
The Developer further agrees that any and all grading done or to be done in conjunction with the herein described project shall conform to the requirements of the Riverside Municipal Code and any other applicable ordinances regulating excavations and fills (e.g., grading regulations) and shall be completed within the period of time described above and prior to the acceptance by or on behalf of the City of the work and improvements and prior to the release by the City of the surety guaranteeing performance of this agreement.
The Developer promises and agrees to maintain all of the improvements required by this agreement after any construction has been started under this contract in a state of good repair, until all of the work and improvements are completed and accepted by the City in writing and until the security for the performance of this agreement is released in its entirety. It is further agreed that once work has started that all work shall be performed in an expedient and diligent manner as determined by the city. i Should the City determine that cessation of work or incomplete construction poses possible health or safety hazards or inconvenience to the public, the City may, upon giving written notice, declare the Developer to be in default.
The Developer shall be responsible for maintaining all improvements for a period of one year following completion of the work, and acceptance by the City in writing, against any defective work or labor done, or defective materials furnished, in the performance of the contract. It is further agreed that upon completion and acceptance of the improvements by the City of Riverside, the liability of the surety for no less than ten percent (10%) of the face amount thereof, or $300.00, whichever is greater, will continue for the purpose of guaranteeing maintenance improvements for a period year following the completion and acceptance by the City in writing against any defective work or labor done, or defective materials furnished in the performance of this contract with the City of Riverside. Said maintenance shall include, but shall not be limited repair of pavement, curbs, gutters, sidewalks, parkways, slopes, sewers, storm drains and of debris from sewers and storm drains; said maintenance shall also include, but not be limited to by this enumeration, sweeping, repairing and maintaining good and condition all streets and street improvements as required by the City. It shall be the Developer's responsibility to initiate this work, but if the Developer should fail to do so, such maintenance shall be promptly 311-56/CL 212 (Rev. 5/87) 2
performed when the Developer is notified to do so by the Public Works Director of the City. Upon failure of the Developer to properly maintain the improvements as determined by the City, the City may do all necessary work required by this paragraph, the cost thereof being chargeable to the Developer and the surety by this agreement.
If the Developer and the surety fail to install all or any of the work or to install all or any part of the improvements required by this contract within the time set forth herein, or fail to comply with any other obligation contained herein, they shall be jointly and severally liable to the City for any administrative expenses and attorney's fees incurred in obtaining compliance with this agreement and any such expenses and fees incurred in processing any action for damages or for any other remedies permitted by law.
It is further understood and agreed that upon default of any obligation hereunder, and at any time after any such default, the City may make written demand upon the Developer or surety or both to immediately remedy the default or complete the work. If the remedial activities or the completion of work are not thereafter diligently prosecuted to completion and fully completed and to such one a so ay within thirty days after the making of such demand (or such other time as may be contained in the demand), the City may then complete or arrange for completion of all remaining work or conduct such remedial activity as in the sole judgment of the City may be required, all at the full expense ano obligation of the Developer and surety and all without the necessity of giving any further notice to the Developer or surety before the City performs or arranges for performance of any remaining work or improvements, whether or not the Developer or surety have constructed any of the required improvements at the time. In the event the City elects to complete or arrange for completion of the remaining work and improvements, the Public Works Director, upon such election, may require all work by the Developer or surety to cease in order to permit adequate coordination by the City for completing any remaining work and improvements not yet completed. The Developer and the surety further agree under this agreement to hold the City and its officers and employees free and harmless from any claim, demand or action for damages, injury or death, and to indemnify the City for any loss, arising out of or incurred as the result of or in connection with improper maintenance or dangerous conditions or any act or omission in connection with any of the improvements required, existing or occurring or arising out of any act or omission occurring prior to written release by the City of the security guaranteeing maintenance.
It is agreed that all work and improvements done pursuant to this agreement shall conform to the standards applicable at the time work is actually commenced.
For purposes of enforcing this agreement, the term "City" includes the City Council, the City Manager, the City Attorney, the Public Works Director, or any of them, or any of their authorized representatives. 311-56/CL 212 (Rev. 5/87) 3
It is further agreed that the amount of security to guarantee the performance of this contract will be Eight Hundred Iwenty Eight Thousand One Hundred Dollars ($828,100.00). In addition, the Developer shall provide security in the amount of Four Hundred Fourteen Thousand Fifty Dollars ($414,050.00) to guarantee payment to any contractors, subcontractors, and persons furnishing labor, materials, and equipment to them for the performance of the work herein described. The labor and material security may be released six months after written acceptance of the improvements by the City providing no claims have been filed with the City against the security. The security to guarantee performance and payment to laborers and material
Surety Bond iletter of credit, time certificate of deposit, passbook cash deposit, or corporate surety bonds) .
The Developer acknowledges and agrees to City regulations governing signs and advertising structures. Developer agrees and consents to removal by the City of all signs erected, placed, or situated in violation of any City ordinance governing size, location or required permits. Removal shall be at the expense of the Developer and Developer shall indemnify and hold the City free and harmless from any claim or demand arising out of or incurred as a result of such removal, excepting negligent acts or omissions by the City, its agents or employees. Developer agrees that said signs may be erected only pursuant to a permit issued by the City upon payment of necessary fees or deposits.
Developer acknowledges that installation required
improvements under this agreement is the Developer's sole responsibility and the Developer is not relieved of this responsibility should the Developer sell or transfer title to the property for which these improvements are required. Should the Developer wish to transfer responsibility for the required improvements, written application be made to the City requesting agreement and bond forms be prepared for the new Developer reflecting the current estimated cost, as determined by the City, to construct all of the required improvements. Upon submittal by the new Developer, and acceptance of the new agreement and security by the City, the previous agreement and security may be released in its entirety. 311-56/CL 212 (Rev. 5/87) 4
IN WITNESS WHEREOF, this agreement has been duly executed by the Developer above named on November 4 " 202).
(Names and signatures must be & Bushnell Development LLC the same as on security and Developer
City Attorney's Office must
approve both this agreement ву /
and the security) Signature
Dean Cook owner
Name and Title
Approved as to Form:
By: Untry aum?
CITY OF RIVERSIDE
Anthony L/ Beaumon
Deputy City Attorney City Engineer
BY
m
Name: Gilbert Hernande
311-56/CL 212 (Rev. 5/87)
Surety Bond No. 4450899
Premium: Included in Performance Bond
LABOR AND MATERIAL BOND
(CONSTRUCTION)
WHEREAS, the City of Riverside, a municipal corporation of the State of calitornia, and Bushnell Development, LLC • hereinafter referred to as "Principal" , have entered into an agreement whereby Principal agrees to install and complete certain designated public improvements, which said agreement, dated November y _ 202), and identified as Agreement for Construction of Improvements for project designated as Tract Map 37740, is hereby referred to and made a part hereof; and
WHEREAS, under the terms of said agreement, Principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Riverside to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California; NOW THEREFORE, said principal and Markel Insurance Company _ a corporation organized and doing business under and by virtue of the laws of the State of Illinois → and duly licensed by the State of California for the purpose of making, guaranteeing or becoming sole surety upon bonds or undertakings required or authorized by the laws of the State of California, as Surety, and held firmly bound unto the City of Riverside and all contractors, subcontractors, laborers, material suppliers and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Four Hundred Fourteen Thousand Fifty Dollars ($414,050.00) 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 thereof, costs and reasonable expenses and fees, including reasonable attorney's fees incurred by the City of Riverside in successfully enforcing such obligations, 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 thereby 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 15 (commencing with Section 3082) of Part 4 of Division 3 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.
1 311-59/CL 427B (Rev. 6/88)
The Surety hereby stipulates and agrees that no change, extension of said agreement or the
specifications accompanying shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition.
IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named on November 4 _ 20 21.
Bushnell Development, LLC Markel Insurance Company
Principal Surety
By By
Attorney-in-fact Lourdes Landa
_ 3131 Camino del Rio North, Suite 1450
Address of Corporate Surety
San Diego, CA 92108
city Zip Code
619-400-4104
Phone
Approved as to Form:
McGriff Insurance Services
Producer (Bond Issuing Agent)
By: Beauman
2400 E. Katella Avenue, Suite 1100
Address
Deputy City Attorney
Anaheim, CA 92806
City Zip Code
714-941-2800
Phone
NOTE: Signature of Attorney-in-fact to be acknowledged before a Notary Public.
Attach Power of Attorney.
2 311-59/CL 427B (Rev. 6/88)
POA#_ 510769 - Anahelm
JOINT LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS: That SureTec insurance Company, a Corporation duly organized and existing under the laws of the State of Texas and having its principal office in the County of Harris, Texas and Markel Insurance Company (the "Company"), a corporation duly organized and existing under the laws of the state of illinois, and having its principal administrative office in Glen Allen, Virginia, does by these presents make, constitute and appoint:
Lourdes Landa, Mark Rosskopf, Lisa Saumur, Terri Amsbury Their true and lawful agents) and attorney/s)-in-fact, each in their separate capacity if more than one is named above, to make, execute, seal and deliver for and or ther ole pentat, oldualy sure rentes co serend ar at he exen he my and all bonds and other undertaking in sureyhip provided, however, Twenty Five Million and 00/100 Dollars ($25,000,000.00) This Power of Attorney is granted and is signed and sealed under and by the authority of the following Resolutions adopted by the Board of Directors of SureTec Insurance Company and Markel Insurance Company:
• "RESOLVED, That the President, Senior Vice President, Vice President, Assistant Vice President, Secretary, Treasurer and each of them hereby is authorized to execute powers of attorney, and such authority can be executed by use of facsimile signature, which may be attested or acknowledged by any officer or attorney, of the company, qualiying the attorney or attorneys named in the given power of attorney, to execute in behalf of, and acknowledge as the act and deed of the SureTec Insurance Company and Markel Insurance Company, as the case may be, all bond undertakings and contracts of suretyship, and to affix the corporate seal thereto." IN WITNESS WHEREOF, Markel Insurance Company and SureTec Insurance Company have caused their official seal to be hereunto affixed and these presents to be signed by their duly authorized officers on the 8th day of Apell 12021.
SureTec Insurance Company Markel Insuragce Company
or Mudala SEAL : Willems
By: __
Michael C. Keimig, President Røbin Russo, Senior Vice President Commonwealth of Virginia
County of Henrico SS:
On this ath day of April, 2021 A. D., before me, a Notary Public of the Commonweaith of Virginia, in and for the County of Henrico, duly commissioned and qualified, came THE ABOVE OFFICERS OF THE COMPANIES, to me personally known to be the individuals and officers described in, who executed the preceding instrument, and they acknowledged the execution of same, and being by me duly sworn, disposed and said that they are the officers of the said companies aforesaid, and that the seals affixed to the proceeding instrument are the Corporate Seals of said Companies, and the said Corporate Seals and their signatures as officers were duly affixed and subscribed to the said instrument by the authority and direction of the said companies, and that Resolutions adopted by the Board of Directors of sald Companies referred to in the preceding Instrument is now in force.
IN TESTIMONY WHEREOF, I have hereunto set my hand, and affixed my be NA DONA Seat he Coup ot Henrico, the day and year first above written.
MY
COMMISSION By:
NUMBER
Donna Donavant, Notary Public
7083968 My commission expires 1/31/2023
We, the undersigned Officers of SureTec Insurance Company and Markelsurf Company de herby certify that the original POWER OF ATTORNEY of which the foregoing is a full, true and correct copy is still in full force and effect and has nat, been reveked.
IN WITNESS WHEREOF, we have hereunto set our hands, and affixed the Seals of said Companies, on the _ 4th day of_ November 2021 Markel Insurance Company
TORA
1. Breht Beaty, Assistant Secre Richard R. Grinnan, Vice President and Secretary Any Instrument Issued In excess of the penalty stated above is totally vold and without any valldity. 510769 For verlfication of the authority of this Power you may call (713)812-0800 on any business day between 8:30 AM and 5:00 PM CST.
CALIFORNIA CERTIFICATE OF ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of he 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 )
11-4-31
On before me, Lisa Marie Saumur, Notary Public
(here insert name and title of the officer)
personally appeared Lourdes Landa
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 LISA MARIE SAUMUR State of California that the foregoing paragraph is true and correct. COMM. #2327312 NR 01 Notary Public • California
Orange County
My Comm. Expires May 3, 2024(
WITNESS my hand and official seal
Signature
(Seal)
Optional Information
Although the information in this section is not required by law, it could prevent fraudulent removal and reattachment of this acknowledgment to an unauthorized document and may prove useful to persons relying on the attached document.
Description of Attached Document
Additionalinformation
The preceding Certificate of Acknowledgment is attached to a document Method of Signer Identification titled/for the purpose of Proved to me on the basis of satisfactory evidence:
O formis) of identification • credible witnesses)
Notarial event is detailed in notary journal on:
containing pages, and dated Page # Entry #
The signer(s) capacity or authority is/are as: Notary contact:
Individual(s) Other
• Attorney-in-Fact
| Additional Signer (s) Saners) Thumbprints)
• Corporate Officers)
fillets)
• Guardian/Conservator
• Partner - Limited/General
Trusteels)
• Other
representing:
Namerst of Persontst of Entityitest Signer is Representing 000/03: 20372018 Hotan Rolan P0 0x41400 Des Moner 14 50331-050= All Bahts Reserved Iter: Nondes 201772 Please contact your Authored Reselles to purchase topies of this fomo Surety Bond No. 4450899
Premium: $15,422.00
FAITHFUL PERFORMANCE BOND
(CONSTRUCTION)
WHEREAS the City of Riverside, a municipal corporation of the State of Calitornia, and Bushnell Development, LLC _ hereinafter referred to as "Principal" • have entered into an agreement whereby Principal agrees to install and complete certain designated public improvements, which said agreement, dated November 4 _ 2021, and identified as Agreement for Construction of Improvements for project designated as Tract Map 37740, 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 Markel Insurance Company a corporation organized and doing business under and by virtue of the laws of the State of Illinois • and duly licensed by the State of California for the purpose of making, guaranteeing or becoming sole surety upon bonds or undertakings required or authorized by the laws of the State of California, as Surety, are held and firmly bound unto the City of Riverside, in the penal sum of Eight Hundred Iwenty Eight Thousand One Hundred Dollars ($828,100.00), 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 is the above bounded principal, his, her or its heirs, executors, administrators, successors, or assigns, shall in all things stand to or 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, her 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 Riverside, 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.
The Surety and Principal further agree that in the event the work and improvements are not completed within the time allowed by the said agreement or any extension or extensions thereof as may be granted by the City of Riverside, the City of Riverside may, at its option, and in addition to any other remedies available by law, complete or arrange for completion of said work and improvements, and all costs and expenses therefor shall become a debt due and owing said City of Riverside, as set forth in said agreement. 311-57/CL 215B (Rev. 6/86) 1
IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named on November 4 • 2021.
Principal Bushnell Development, LLC Surety
By. By
Dean Cook Attorney-in-fact Lourdes Landa
3131 Camino del Rio North, Suite 1450
Address of Corporate Surety
_San Diego. CA 92108
City (Zip Code)
619-400-4104
Phone
Approved as to Form:
McGriff Insurance Services
Producer (Bond Issuing Agent)
By mom Aroman
2400 E. Katella Avenue, Suite 1100
Address
Deputy City Attorney
_Anaheim., CA 92806
City (Zip Code)
714-941-2800
Phone
Note: Signature of Attorney-in-fact to be acknowledged before a Notary Public. Attach Power of Attorney.
311-57/CL 215B (Rev. 6/86)
POA# 510769 - Anaheim
JOINT LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS: That SureTec Insurance Company, a Corporation duly organized and existing under the laws of the State of Texas and having its principal office in the County of Harris, Texas and Markel Insurance Company (the "Company"), a corporation duly organized and existing under the laws of the state of lilinois, and having its principal administrative office in Glen Allen, Virginia, does by these presents make, constitute and appoint:
Lourdes Landa, Mark Rosskopf, Lisa Saumur, Terri Amsbury Their true and lawful agent(s) and attorneys)-in-fact, each in their separate capacity if more than one is named above, to make, execute, seal and deliver for and on their own behalf, individually as a surety or jointly, as co-sureties, and as their act and deed any and all bonds and other undertaking in suretyship provided; however, that the penal sum of any one such instrument executed hereunder shall not exceed the sum of:
Twenty Five Million and 00/100 Dollars ($25,000,000.00) his Power of Attorney is granted and is signed and sealed under and by the authority of the following Resolutions adopted by the Board of Directors of SureT surance Company and Markel Insurance Compan
• "RESOLVED, That the President, Senior Vice President, Vice President, Assistant Vice President, Secretary, Treasurer and each of thei hereby is authorized to execute powers of attorney, and such authority can be executed by use of facsimile signature, which may be attested or acknowledged by any officer or attorney, of the company, qualifying the attorney or attorneys named in the given power of attorney, to execute in behalf of, and acknowledge as the act and deed of the SureTec Insurance Company and Markel Insurance Company, as the case may be, all bond undertakings and contracts of suretyship, and to affix the corporate seal thereto." IN-WITNESS WHEREOF, Markel Insurance Company and SureTec Insurance Company have caused their official seal to be hereunto affixed and these presents to be signed by their duly authorized officers on the ath day of April • 2021 SureTec Insurance Company
Markel Insuragce Company
Midala SEAL Miles
By:
Michael C. Keimig, President Robin Russo, Senior Vice President Commonwealth of Virginia
County of Henrico SS:
On this 8th day of April, 2021 A. D., before me, a Notary Public of the Commonwealth of Virginia, in and for the County of Henrico, duly commissioned and qualified, came THE ABOVE OFFICERS OF THE COMPANIES, to me personally known to be the individuals and officers described in, who executed the preceding instrument, and they acknowledged the execution of same, and being by me duly sworn, disposed and said that they are the officers of the said companies aforesaid, and that the seals affixed to the proceeding instrument are the Corporate Seals of said Companies, and the said Corporate Seals and their signatures as officers were duly affixed and subscribed to the said instrument by the authority and direction of the said companies, and that Resolutions adopted by the Board of Directors of said Companles referred to in the preceding instrument is now in force.
MY
COMMISSION By:
NUMBER
Donna Donavant, Notary Public
7083968
My commission expires 1/31/2023
We, the undersigned Officers of SureTec Insurance Company and Marketinsurefige Company daverby certify that the original POWER OF ATTORNEY of which the foregoing is a full, true and correct copy is still in full force and effect and has tat, been revoked IN WITNESS WHEREOF, we have hereunto set our hands, and affixed the Seals of said Companies, on the _.. 4th day of November 2021 Markel Insurance Company
TOTA
By:(
1. Breft Beaty, Assistant Secr
Richard R. Grinnan, Vice President and Secretary
Any Instrument Issued in excess of the penalty stated above is totally void and without any valldity. 510769 For verification of the authority of this Power you may call (713)812-0800 on any business day between 8:30 AM and 5:00 PM CST.
CALIFORNIA CERTIFICATE OF 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 )
11421 Lisa Marie Saumur, Notary Public
On before me,
(here insest name and title of the officer
personally appeared Lourdes Landa
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to he within instrument and acknowledged to me that he/she/they executed the same in his/her/thei uthorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entit upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the LISA MARIE SAUMUR State of California that the foregoing paragraph is true and correct. COMM. #2327312 Notary Public - California NR01
Orange County
WITNESS my hand and official seal My Comm. Expires May 3, 2024( Signature
(Seal)
Optional Information
Although the information in this section is not required by law, it could prevent fraudulent removal and reattachment of this acknowledgment to an unauthorized document and may prove useful to persons relying on the attached document Description of Attached Document
Addition inform tion
The preceding Certificate of Acknowledgment is attached to a document Method of Signer Identification titled/for the purpose of Proved to me on the basis of satisfactory evidence C form(s) of identification) credible witnesses)
Notarial event is detailed in notary journal on:
containing pages, and dated Page # Entry #
The signer(s) capacity or authority is/are as: Notary contact (Individuals
Other
Attorney-in Fact
Additional Signers) Signers) Thumbprintist
[ Corporate Officers)
: Guardian/Conservator
Partner - Limited/General
Trusteetsi
• Other
representing:
Nametst of Persons or ErDriest Signed is Repesentingl
Public Works Department
RIVERSIDE
City of Arts & Innovation
June 24, 2021
Subject: TRACT 37740
Dear Sir:
This Department has processed this case and determined the sureties, cash deposits, and cash payments required. Before this case may be presented to the City Council for their approval, the following checked items MUST BE SUBMITTED to the Department of Public Works, except as noted below, BEFORE 5 P.M. TUESDAY in order to present this case to the City Council for their approval on the TUESDAY OF THE SIX WEEKS FOLLOWING.
= $ 828,100.00 Performance Surety.
$414,050.00 Labor & Materialmen Surety.
Sureties to be: 1) Corporate Surety Bond, 2) Time Certificate of Deposit, or 3) Cash Deposit.
Agreement for Improvements: The sureties and agreement must be approved by the City Attorney's Office before they are submitted to the Public Works Department. [] $5,000.00 Cash deposit to guarantee placement of survey monuments. [] $ 89,964.00 Cash payment for sewer connection.
= $6,422.76 Plan check fee balance.
$ 80,229.55 Cash payment for Water Fees. (Water fees paid under PUW18- 0218}
$ 169.79 Regional Park Fee
3900 Main Street, Riverside, CA 92522| Phone: (951) 826-5311 | RiversideCA.gov