Bond No.: GSI1700040
GRADING PERFORMANCE BOND
KNOW ALL PERSONS BY THESE PRESENTS:
THAT WHEREAS. the City of San Bernardino, California ("City") and Verdemont Ranch 20 LLC
executed an agreement for work consisting of, but not limited to, the furnishing all labor, materals, tools, equipment, services, and incidentals for the grading and installation of related improvements connected with issuance of grading permits including the construction of drainage and protection devices and any other corrective work to remove and eliminate engineering and geological hazards for Parcel/Tract Map No. _ (the Work"); WHEREAS, the Work to be performed by Principal are more particularly set forth in thai certain Agreement for Completion of Public Improvements ir Tract No. 17329-4 , 20 ("Improvement Agreement");
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Improvement Agreement to provide a good and sufficient bond for performance of the Improvement Agreement, and to guarantee and warranty the Work performed thereunder.
NOW, THEREFORE, Principal and The Gray Casualty & Surety Company ("Surety"), a corporation organized and existing under the laws of the State of- and duly authorized to transact business under the laws of the State of California, are held and one Million Nine Hundred Sixty One Thousand Five Hundred Five and No/100 Sum _ DOLLARS ($_1,961,505.00 _), said sum being not less than one hundred percent (100%) of the total cost of the Work as set forth in the Improvement Agreement, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such, that if 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, agreements, guarantees, and warranties for the Work in the Improvement Agreement and any alteration thereof made as therein provided, to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, and to indemnify and save harmless City, its officers, employees, and agents, as stipulated in the Improvement Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.
As 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.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Work to be performed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this _ 23rd of February - 20,24.
Verdemont Ranch 20 LLC
(Corporate Seal)
Principal
By.
TilePresident & Jke Entepm/ne
Its: Mgr
(Corporate Seal) The Gray Casualty & Surety Company
Surety
By Deri Apodaca
Attorney-in-Fact
(Attach Attorney-in-Fact Certificate) Title_Jeri Apodaca, Attorney-in-Fact The rate of premium on this bond is_$17.50 per thousand. The total amount of premium charges is $ 34,326.00 / 2 years
(The above must be filled in by corporate attorney.)
THIS IS A REQUIRED FORM
Any claims under this bond may be addressed to:
(Name and Address of Surety) The Gray Casualty & Surety Company P.O. Box 6202
Metairie, LA 70009-6202
(Name and Address of Agent or Alliant Insurance Services, Inc.
Representative for service of 18100 Von Karman Avenue, 10th Floor process in California, if different Irvine. CA 92612
from above)
(Telephone number of Surety Surety: (206) 465-4141 Agent: (949) 756-0271 and Agent or Representative for
service of process in California)
Notary Acknowledgment
document to wie it certie eg elected, ang not ne
truthfulness, accuracy, or validity of that document.
TATE OF CALIFORNI
on March 4 2024, beforeme,. Arlene Anaya _ Notary Public, personally appeared Folizade Rebles _ 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.
ARLENE ANAYA
Notary Public - California
an Bernardino Count
ommission # 246692 Signature af Notary Public
My Comm. Expires Oct 17, 2027
OPTIONAL
"hough the information below is not required by law, it may prove valuable to persons relying on the documen and could prevent fraudulent removal and reattachment of this form to another documen
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT o Individual
• Corporate Officer
Tities) Title or Type of Document
• Partners) Limited
General Number of Pages
• Attorney-In-Fact
• Trustee(s)
• Guardian/Conservator Date of Document
Signer is representing:
Name Of Person(s) Or Entity(ies)
Signer(s) Other Than Named Above
NOTE: This acknowledgment is to be completed for Principal.
Notary Acknowledgment
STATE OF CALIFORNIA
COUNTY OF Orange
On February 23 _ 2024 _ before me, Kim Luu , Notary Public, personally appeared Jeri Apodaca _ 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.
KIM LUU
Commission # 2472703
TUS4 Notary Public - Califoria
ORANGE County Signature of Notary Public
My Comm. Expires DEC 17, 2027
OPTIONAL
Though the int out preven is not et ted ay law la proe at to to an rey dog on the document.
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
• Partners) Limited
General Number of Pages
& Attomey-In-Fact
• Trustee(s)
• Guardian/Conservator Date of Document
Signer is representing:
Name Of Person(s) Or Entity(ies)
Signer(s) Other Than Named Above
NOTE: This acknowledgment is to be completed for the Attorney-in-Fact for Surety. The Power-of Attorey to local representatives of the bonding company must also be attached.
Alliant Insurance Services, Orange County
03/01/2024 09:16 486376803528
THE GRAY INSURANCE COMPANY
THE GRAY CASUALTY & SURETY COMPANY
GENERAL POWER OF ATTORNEY
Bond Number: GSI1700040 Principal: Verdemont Ranch 20 LLC Project: Tract 17329-4
KNOW ALL BY THESE PRESENTS, THAT The Gray Insurance Company and The Gray Casualty & Surety Company, corporations duly organized and existing under the laws of Louisiana, and having their principal offices in Metairie, Louisiana, do hereby make, constitute, and appoint: Heather Rose Saltarelli, Reece Joel Diaz, Kim Luu, Rachelle Rheault, Jeri Apodaca, Carlos A. Albelo, and Leigh C McDonough of Irvine, California jointly and severally on behalf of each of the Companies named above its true and lawful Attorney(s)-in-Fact, to make, execute, seal and deliver, for and on its behalf and as its deed, bonds, or other writings obligatory in the nature of a bond, as surety, contracts of suretyship as are or may be required or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed the amount of $25,000,000.00.
This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of Directors of both The Gray Insurance Company and The Gray Casualty & Surety Company at meetings duly called and held on the 26th day of "RESOLVED, that the President, Executive Vice President, any Vice President, or the Secretary be and each or any of them hereby is authorized to execute a power of Attorney qualifying the attorney named in the given Power of Attorney to execute on behalf of the Company bonds, undertakings, and all contracts of surety, and that each or any of them is hereby authorized to attest to the execution of such Power of Attorney, and to attach the seal of the Company; and it is
FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be binding upon the Company now and in the future when so affixed with regard to any bond, undertaking or contract of surety to which it is attached.
IN WITNESS WHEREOF, The Gray Insurance Company and The Gray Casualty & Surety Company have caused their official seals to be hereinto affixed, and these presents to be signed by their authorized officers this 4 day of November, 2022.
Michel Gogg CUAL
By: Michael T. Gray Cullen S. Piske SEAL
SEAL
President President
The Gray Insurance Company The Gray Casualty & Surety Company State of Louisiana
SS:
Parish of Jefferson
On this 4'h day of November, 2022, before me, a Notary Public, personally appeared Michael T. Gray, President of The Gray Insurance Company, and Cullen S. Piske, President of The Gray Casualty & Surety Company, personally known to me, being duly sworn, acknowledged that they signed the above Power of Attorney and affixed the seals of the companies as officers of, and acknowledged said instrument to be the voluntary act and deed, of their companies.
Leigh tunne Herican
Leigh Anne Henican
Notary Public
Leigh Anne Henican
Notary ID No.92653 Notary Public, Parish of Orleans State of Louisiana Orleans Parish, Louisiana
My Commission is for Life
1, Mark S. Manguno, Secretary of The Gray Insurance Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREO, I have set my hand and affixed the seals of the Company this 23rd day of February Mauto Mangans
I, Leigh Anne Henican, Secretary of The Gray Casualty & Surety Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Company this 23rd day of February , 2024 Leigh fume Herican
SEAL SEAL
Bond No. GSI1700039
PERFORMANCE BOND
KNOW ALL PERSONS BY THESE PRESENTS:
THAT WHEREAS. the City of San Bernardino, California ("City") and Verdemont Ranch 20 LLC ("Principal"), have
executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, fools, equipment, services, and incidentals for all grading, roads, paving, curbs and gutters, pathways, storm drains, sanitary sewers, utilities, drainage facilities, traffic controls, landscaping, street lights, and all other required facilities for Parcel/Tract Map No. ("Public Improvements");
WHEREAS, the Public ingreements to be performed by Principal are more particularly that certain Public improvements in
Tract No. 17329-4 _ ("Improvement Agreement");
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Improvement Agreement to provide a good and sufficient bond for performance of the Improvement Agreement, and to guarantee and warranty the Public Improvements constructed thereunder.
NOW, THEREFORE, Principal and The Gray Casualty & Surety Company ("Surety"), a corporation organized and existing under the laws of the State of LA and duly authorized to transact business under the laws of the State of California, are held and firmly
Eight Hundred Twenty Seven Thousand and no/100 DOLLARS
($ 827,000.00 _), said sum being not less than one hundred percent (100%) of the total cost of the Public Improvements as set forth in the Improvement Agreement, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
warranties in the Improvement Agreement and any alteration thereof made as therein provided, to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, and to indemnify and save harmless City, its officers, employees, and agents, as stipulated in the Improvement Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.
As 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.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition.
This bond is executed and filed to comply with Section 66499, et seq., of the California Government Code as security for performance of the improvement.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 23rd day of February , 2024.
(Corporate Seal) Verdemont Ranch 20 LLC
Principal
"Hey re
Title 11251dent of Jer Enteross ie
Its: Manager
(Corporate Seal) The Gray Casualty & Surety Company
Surety
By Deri apodaca
Attorney-in-Fact
(Attach Attorney-in-Fact Certificate) Title Jeri Apodaca, Attorney in Fact The rate of premium on this bond is $17.50 per thousand. The total amount of premium charges is $ 14.473.00/2 years
The above must be filled in by corporate attorney.)
THIS IS A REQUIRED FORM
Any claims under this bond may be addressed to:
(Name and Address of Surety) The Gray Casualty & Surety Company P.O. Box 6202
Metairie, LA 70009-6202
(Name and Address of Agent or Alliant Insurance Services, Inc.
Representative for service of 18100 Von Karman Avenue, 10th Floor process in California, if different Irvine, CA 92612
from above)
(Telephone number of Surety Surety: (206) 465-4141 Agent: (949) 756-0271 and Agent or Representative for
service of process in California)
Notary Acknowledgment
A notary public or other officer completing this certificate verifies only the identity of the individual
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
STATE OF CALIFORNIA
COUNTY OF San Benardino
on March 4 _ 2024, before me, Arlen Anaya _ Notary Public, personally appeared Felizand Roble _ 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, executec 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.
ARLENE ANAYA
Notary Public - California
San Bernardino County
Commission #2466926
Signature of Nolary Puolic
My Comm. Expires Oct 17, 2027
OPTIONAL
Though the inf out preven a duent red a land real mount of this for to anthe dogun the document
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
• Partners) Limited
General Number of Pages
• Attorney-In-Fact
• Guardian/Conservator Date of Document
Signer is representing:
Name Of Person(s) Or Entity(ies)
Signer(s) Other Than Named Above
NOTE: This acknowledgment is to be completed for Principal.
Notary Acknowledgment
STATE OF CALIFORNIA
COUNTY OF Orange
On _ February 23 - 2024 _ before me, _ Kim Luu _ Notary Public, personally appeared Jeri Apodaca _. 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.
KIM LUU
Commission#2472703
Notary Public - California 2
ORANGE County
My Comm. Expires DEC 17, 2027 Signature of Notary Public
OPTIONAL
Though the int could preven a not end redy and lema pront of l too per sant er ing um the document
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
• Partners) Limited
General Number of Pages
• Attorney-In-Fact
• Guardian/Conservator Date of Document
Same risersores er Entity ies)
Signer(s) Other Than Named Above
NOTE: This acknowledgment is to be completed for the Attorney-in-Fact for Surety. The Power-of Attorney to local representatives of the bonding company must also be attached.
Alliant Insurance Services, Orange County
03/01/2024 09:16 486376803528
THE GRAY INSURANCE COMPANY
THE GRAY CASUALTY & SURETY COMPANY
GENERAL POWER OF ATTORNEY
Bond Number: GSI1700039 Principal: Verdemont Ranch 20 LLC Project: Tract 17329-4
suretyship executed under this authority shall exceed the amount of $25,000,000.00.
This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of Directors of both The Gray Insurance Company and The Gray Casualty & Surety Company at meetings duly called and held on the 26h day of "RESOLVED, that the President, Executive Vice President, any Vice President, or the Secretary be and each or any of them hereby is authorized to execute a power of Attorney qualifying the attorney named in the given Power of Attorney to execute on behalf of the Company bonds, undertakings, and all contracts of surety, and that each or any of them is hereby authorized to attest to the execution of such Power of Attorney, and to attach the seal of the Company; and it is
FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be binding upon the Company now and in the future when so affixed with regard to any bond, undertaking or contract of surety to which it is attached.
IN WITNESS WHEREOF, The Gray Insurance Company and The Gray Casualty & Surety Company have caused their official seals to be hereinto affixed, and these presents to be signed by their authorized officers this 4th day of November, 2022.
Midad 74ey
Michael T. Gray Cullen S. Piske SEAL
SEAL By:
President President
The Gray Insurance Company The Gray Casualty & Surety Company State of Louisiana
SS:
Parish of Jefferson
On this 4th day of November, 2022, before me, a Notary Public, personally appeared Michael T. Gray, President of The Gray Insurance Company, and Cullen S. Piske, President of The Gray Casualty & Surety Company, personally known to me, being duly sworn, acknowledged that they signed the above Power of Attorney and affixed the seals of the companies as officers of, and acknowledged said instrument to be the voluntary act and deed, of their companies.
Leigh fume denican
Lsigh Anne Henican
Notary Public
Leigh Anne Henican
Notary ID No. 92653 Notary Public, Parish of Orleans State of Louisiana Orleans Parish, Louisiana My Commission is for Life
1, MarkS. Manguno, Secretary of The Gray Insurance Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Company this 23rd day of February Mando Mangamo
I, Leigh Anne Henican, Secretary of The Gray Casualty & Surety Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Company this 23rd day of February
TABURANCE
SEAL
Bond No. GSI1700039
Premium Included in Performance Bond
PAYMENT (LABOR AND MATERIALS) BOND
KNOW ALL PERSONS BY THESE PRESENTS:
THAT WHEREAS. the City of San Bernardino, California • ("City") and Verdemont Ranch 20 LLC ("Principal"), have
executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for all grading, roads, paving, curbs and gutters, pathways, storm drains, sanitary sewers, utilities, drainage facilities, traffic controls, landscaping, street lights, and all other required facilities for Parcel/Tract Map No. 17329-4
WHEREAS, the Public Improvements to be performed by Principal are more particularly set forth in Agreement for Completion of Public Improvements in Tract No. 17329-4 _ ("Improvement Agreement");
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Improvement Agreement before entering upon the performance of the work to provide a good and sufficient payment bond to secure the claims to which reference is made in Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the California Civil Code.
NOW, THEREFORE, Principal and The Gray Casualty & Surety Company ("Surety"), a corporation organized and existing under the laws of the State of LA and duly authorized to transact business under the laws of the State of California, are held and firmly bound unto City and all contractors, subcontractors, laborers, material suppliers, and other persons employed in the performance of the Improvement Agreement and referred to in DOLLARS ($_413,500.00 ), said sum being not less than one hundred percent (100%) of the total cost of the Public Improvements as set forth in the Improvement Agreement, 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.
As 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.
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.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans profiles, and specifications related thereto, or to the Public Improvements to be constructec thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice his bond, and it does hereby waive notic of any such change, extension of time, alteration, or addition.
This bond is executed and filed to comply with Section 66499, et seq., of the California Government Code as security for labor performed and materials provided in connection with the performance of the Improvement Agreement and construction of the Public Improvements.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 23rd _ day of February _ 2024
Verdemont Ranch 20 LLC
(Corporate Seal)
Principal
By_
Title
The Gray Casualty & Surety Company
(Corporate Seal)
Surety
dari
By Apodaca
Attorney-in-Fact
(Attach Attorey-in-Fact Certificate) Title_ Jeri Apodaca, Attorney in Fact Charges 85 Intume Petoman. 81750 per thousand. The total amount of premium (The above must be filled in by corporate attorney.)
THIS IS A REQUIRED FORM
Any claims under this bond may be addressed to:
(Name and Address of Surety) The Gray Casualty & Surety Company P.O. Box 6202
Metairie, LA 70009-6202
(Name and Address of Agent or Alliant Insurance Services, Inc.
Representative for service of 18100 Von Karman Avenue, 10th Floor process in California, if different Irvine, CA 92612
from above)
Surety: (206) 465-4141 Agent: (949) 756-0271
(Telephone number of Surety
and Agent or Representative for
service of process in California)
Notary Acknowledgment
Verites optie dethy office ideal there are
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
STATE OF CALIFORNIA
COUNTY OF
On - 20 _ before me, _ Notary Public, personally
appeared _ 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 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.
Signature of Notary Public
OPTIONAL
Though the ind out preven a out entrod by and real ront of late to for ans her ding on the document
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
o Partners) Limited
General Number of Pages
• Attorney-In-Fact
Trustees)
• Guardian/Conservator Date of Document
• Other:
Name or Persores or Entityres)
Signers) Other Than Named Above
NOTE: This acknowledgment is to be completed for Principal. •
Notary Acknowledgment
STATE OF CALIFORNIA
COUNTY OF Orange
February 23 _ 20 24, before me, _ Kim Luu _ Notary Public, personally On_
appeared Jeri Apodaca _. 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.
KIM LUU WITNESS my hand and official seal.
Commission #2472703
Notary Public - California
ORANGE County
My Comm. Expires DEC 17, 2027
Signature of Notary Public
OPTIONAL
Though the int could preven a not ent rid by and it may prove of lie to to another gun the document.
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
• Partners) Limited
General Number of Pages
• Attorney-In-Fact
• Guardian/Conservator Date of Document
Name or persores or Entryies)
Signer(s) Other Than Named Above
NOTE: This acknowledgment is to be completed for the Attorney-in-Fact for Surety. The Power-of Attorney to local representatives of the bonding company must also be attached.
Alliant Insurance Services, Orange County
03/01/2024 09:16 486376803528
THE GRAY INSURANCE COMPANY
THE GRAY CASUALTY & SURETY COMPANY
GENERAL POWER OF ATTORNEY
Bond Number: GSI1700039 Principal: Verdemont Ranch 20 LLC Project: Tract 17329-4
KNOW ALL BY THESE PRESENTS, THAT The Gray Insurance Company and The Gray Casualty & Surety Company, corporations duly orean eat eating ta relats or us biaz, i having herpricia alice in Apaca, Culina do herby make gon Me nough of Irvine, California jointly and severally on behalf of each of the Companies named above its true and lawful Attorney(s)-in-Fact, to make, execute, seal and deliver, for and on its behalf and as its deed, bonds, or other writings obligatory in the nature of a bond, as surety, contracts of suretyship as are or may be required or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed the amount of $25,000,000.00.
This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of Directors of both The Gray Insurance Company and The Gray Casualty & Surety Company at meetings duly called and held on the 26th day of "RESOLVED, that the President, Executive Vice President, any Vice President, or the Secretary be and each or any of them hereby is authorized to execute a power of Attorney qualifying the attorney named in the given Power of Attorney to execute on behalf of the Company bonds, undertakings, and all contracts of surety, and that each or any of them is hereby authorized to attest to the execution of such Power of Attorney, and to attach the seal of the Company; and it is
FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be binding upon the Company now and in the future when so affixed with regard to any bond, undertaking or contract of surety to which it is attached.
IN WITNESS WHEREOF, The Gray Insurance Company and The Gray Casualty & Surety Company have caused their official seals to be hereinto affixed, and these presents to be signed by their authorized officers this 4'h day of November, 2022.
HS.H.RAM Milan 79 SUA
Michael T. Gray Cullen S. Piske SEAL
SEAL By:
President President
The Gray Insurance Company The Gray Casualty & Surety Company State of Louisiana
SS:
Parish of Jefferson
On this 4' day of November, 2022, before me, a Notary Public, personally appeared Michael T. Gray, President of The Gray Insurance Company, and Cullen S. Piske, President of The Gray Casualty & Surety Company, personally known to me, being duly sworn, acknowledged that they signed the above Power of Attorney and affixed the seals of the companies as officers of, and acknowledged said instrument to be the voluntary act and deed, of their companies.
Leigh Anne Henican
Notary Public
Leigh Anne Henican
Notary ID No. 92653 Notary Public, Parish of Orleans State of Louisiana Orleans Parish, Louisiana
My Commission is for Life
, Mark S. Manguno, Secretary of The Gray Insurance Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand anc affixed the seals of the Company this 23rd day of February I, Leigh Anne Henican, Secretary of The Gray Casualty & Surety Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Company this 23rd dav of February Leigh fume Herican NEURANCE
SEAL SEAL
Bond No.: GS/1700043
SURVEY MONUMENTS BOND
KNOW ALL PERSONS BY THESE PRESENTS:
THAT WHEREAS, the City of San Bernardino, California ("City") and Verdemont Ranch 20 LLC (Principal"), have
executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for the setting of survey monumentation as shown in Parcel/Tract Map No. 17329-4 , which is not to be completed prior to the recording of the final map or parcel map;
WHEREAS, the survey monumentation to be performed by Principal is more particularly set forth in that certain Agreement for Completion of Public Improvements in Tract No. 17329-4 _ ("Improvement Agreement");
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Improvement Agreement to provide a good and sufficient bond to insure the setting of the monuments as required therein and payment to the engineer or surveyor who sets such monuments thereunder.
NOW, THEREFORE, Principal and The Gray Casualty & Surety Company ("Surety"), a corporation organized and existing under the laws of the State of LA and duly authorized to transact business under the laws of the State of California, are held and Six Thousand and No/100 Dollars ($6,000.00 _, said sum
being not less than one hundred percent (100%) of the total cost of the setting of monuments as set forth in the Improvement Agreement and payment due to the engineer or surveyor for setting such monuments, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such that if 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, agreements, guarantees, and warranties for the setting of survey monumentation in the Improvement Agreement and any alteration thereof made as therein provided, to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, and to indemnify and save harmless City, its officers, employees, and agents, as stipulated in the Improvement Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.
As 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.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition.
This bond is executed and filed to comply with Section 66496 of the California Government Code as security for installation and payment of survey monumentation as set forth in the Improvement Agreement.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 3rd of April , 2024
(Corporate Seal) Verdemont Ranch 20 LLC
principal. Tel polly
elizardo noble or
Title President o Fee. Enterprise he
It's try.
(Corporate Seal) The Gray Casualty & Surety Company
By kahh Plaus
Attorney-in-Fact
(Attach Attorney-in-Fact Certificate) Title Rachelle Rheault, Attorney-in-Fact The rate of premium on this bond is $17.50 per thousand. The total amount of premium charges is $ 105.00 / 2 years
(The above must be filled in by corporate attorney.)
THIS IS A REQUIRED FORM
Any claims under this bond may be addressed to:
(Name and Address of Surety) The Gray Casualty & Surety Company P.O. Box 6202
Metairie, LA 70009-6202
(Name and Address of Agent or Alliant Insurance Services, Inc.
Representative for service of 18100 Von Karman Avenue, 10th Floor process in California, if different Irvine, CA 92612
from above)
(Telephone number of Surety Surety: (206) 465-4141 Agent: (949) 756-0271 and Agent or Representative for
service of process in California)
Notary Acknowledgment
A notary public or other officer completing this certificate verities 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 SeA Bennisdio
on Lppril 4 _ 2024 before me, Do lane Abraye _ Notary Public, personally appeared Felids Roble JI _ 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.
ARLENE ANAYA
Notary Public • California
San Bernardino County
Commission # 2466926
My Comm. Expires Oct 17, 2027 Signature of Notary Publie
OPTIONAL
Though the informat rebel a not re red by and lema prove of this for to anther dog on the document
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
• Partners) Limited
General Number of Pages
• Attorney-In-Fact
• Trustee(s)
• Guardian/Conservator Date of Document
• Other:
Signer is representing
Vame Of Person(s) Or Entityies
Signers) Other Than Named Above
NOTE: This acknowledgment is to be completed for Principal.
Notary Acknowledgment
verifies only the identity of the individual
STATE OF CALIFORNIA
COUNTY OF Orange
On April 3 - 20 24 _ before me, Kim Luu , Notary Public, personally appeared Rachelle Rheault _ 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/thei 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.
KIM LUU WITNESS my hand and official seal.
Commission # 2472703
Notary Public - California
ORANGE County
My Comm. Expires DEC 17, 2027
Signature of Notary Public
OPTIONAL
Though the information ben a i reguled by and let grove aluate to persons her in on the document.
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT • Individual
• Corporate Officer
Title(s) Title or Type of Document
• Partners) Limited
General Number of Pages
@ Attorney-In-Fact
• Trustee(s)
• Guardian/Conservator Date of Document
• Other:
Signer is representing:
Name Of Person(s) Or Entity(ies)
Signers) Other Than Named Above
NOTE: This acknowledgment is to be completed for the Attorney-in-Fact for Surety. The Power-of Attorney to local representatives of the bonding company must also be attached.
Alliant Insurance Services, Orange County
04/03/2024 14:48 303710403395
THE GRAY INSURANCE COMPANY
THE GRAY CASUALTY & SURETY COMPANY
GENERAL POWER OF ATTORNEY
Bond Number: GS11700043 Principal: Verdemont Ranch 20 LLC Project: Tract No. 17329-4
KNOW ALL BY THESE PRESENTS, THAT The Gray Insurance Company and The Gray Casualty & Surety Company, corporations duly xecute, seal and deliver, for and on its behalf and as its deed, bonds, or other writings obligatory in the nature of a bond, as surety, contracts ( uretyship as are or may be required or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract o This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards o Directors of both The Gray Insurance Company and The Gray Casualty & Surety Company at meetings duly called and held on the 26h day o "RESOLVED, that the President, Executive Vice President, any Vice President, or the Secretary be and each or any of them hereby is authorized to execute a power of Attorney qualifying the attorney named in the given Power of Attorney to execute on behalf of the Company bonds, undertakings, and all contracts of surety, and that each or any of them is hereby authorized to attest to the execution of such Power of Attorney, and to attach the seal of the Company; and it is
PURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be binding upon the Company now and in the future when so affixed with regard to any bond, undertaking or contract of surety to which it is attached.
IN WITNESS WHEREOF, The Gray Insurance Company and The Gray Casualty & Surety Company have caused their official seals to be hereinto affixed, and these presents to be signed by their authorized officers this 4th day of November, 2022.
SURANG Mided Hey, CASUALTY
F..O
SE By: Michael T. Gray Cullen S. Piske SEAL
President President 1 00
The Gray Insurance Company The Gray Casualty & Surety Company State of Louisiana
SS:
Parish of Jefferson
On this 4th day of November, 2022, before me, a Notary Public, personally appeared Michael T. Gray, President of The Gray Insurance Company, and Cullen S. Piske, President of The Gray Casualty & Surety Company, personally known to me, being duly sworn, acknowledged that they signed the above Power of Attorney and affixed the seals of the companies as officers of, and acknowledged said instrument to be the voluntary act and deed, of their companies.
Leigh tume Hercan
Leigh Anne Henican
Notary Public
Notary ID No. 92653 Leigh Anne Henican
Notary Public, Parish of Orleans State of Louisiana
Orleans Parish, Louisiana
My Commission is for Life
I, Mark S. Manguno, Secretary of The Gray Insurance Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Company this 3rd
Monto Mangans
1, Leigh Anne Henican, Secretary of The Gray Casualty & Surety Company, do hereby certify that the above and forgoing is a true and correct copy of a Power of Attorney given by the companies, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Company this 3rd day of April , 2024 Leigh tune wenion TABURANOEN
SEAL