Cities Index.
Attachment C - Existing Securities

Victorville City Council
October 21, 2025

Document
Attachment C - Existing Securities
Meeting
October 21, 2025
Body
Victorville City Council
Original file
437 KB
Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

Attachment C
Existing Securities

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract Map No.: N/A Bond No.: 100436975
Case No.: N/A Premium: $464.00
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and Uriel Lee
(hereinafter "Principal") • have entered into a Subdivision Improvement Agreement (hereinafter referred to as "agreement") whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated N/A _ 20 _, and identified as Tract Map No. and
Case No.: N/A for Permit No. EWTR23-00420: 8-Inch Waterline Extension Improvements), 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 Victorville 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 of the State of California.

NOW THEREFORE, said Principal and Merchants Bonding Company (Mutual) _, doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, 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 Twenty-Three Thousand Two Hundred Twenty-One and 55/100 dollars, ($ 23,221 _ 55), lawful money of the United States, 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 City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 3 (commencing with Section 9000) of Part 6 of Division 4, of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise, it shall be and remain in full force and effect.

Public Improvements
Labor & Materials Bond
Tract Map No.: N/A
Case No.:, N/A
Bond No.: 100436975
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 any manner 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 IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on May 13 ,20_24
Uriel Lee Merchants Bonding Company (Mutual)
Name of Principal (Applicant) Name of Surety Company
By: milo tee By:

Uriel Lee, Owner Blake Beverly, Attorney-in-Fact
By: N/A By: N/A
By: N/A By: N/A
Mailing Address:
12064 Nahoa Way 6700 Westown Parkway
Address of Principal Address of Surety Company
Victorville, CA 92392 West Des Moines, IA 50266
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:
sandia bostick
Risk Manager City Attorney
(scaredi Development/Projects/SurelyRecovery/Forms/. 3M Bond. Blank 030520

ACKNOWLEDGMENT
A notary public or other officer completing this
State of California
County of Sacramento
On May 13, 2024 before me, David M. Neeley, Notary Public (insert name and title of the officer)
personally appeared_ Blake Beverly
ho proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) Is/ar ubscribed to the within instrument and acknowledged to me that he/she/they executed the same i 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.

DAVID M. NEELEY
Notary Public - California
WITNESS my hand and official seal. Sacramento County
Commission #2389312
My Comm. Expires Jan 3, 2026
Signature Neeley (Seal)

MERCHANTS
BONDING COMPANY™

POWER OF ATTORNEY
Dot belig corporatons of tre stat of low ella Merchant alone ely Company CaRe ., "Companies") do hereby make, constitute and appoint, individually, Blake Beverly; David Neeley; Jacob Ellen; James Drake; Jesse Newbor; Maureen Hallett or proceedings allowed by law.

Of rectors of Merchants Bonding Corpany dad on Ap 3, 207% i em and us 14, the al diged by need or the orde Merchants National Bonding, Inc., on October 16, 2015.
"The President, Secretary, Treasurer, or any Assistant Treasurer or any Assistant Secretary or any Vice President shall have power and authority to appoint Attorneys-in-Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature thereof." The signature of any authorized officer and the seal of the Company may be affixed by facsimile or electronic transmission to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligations of the Company, and such signature and seal when so used shall have the same force and effect as though manually fixed." In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and authorty hereby given to the Attorney-in-Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety company of any of its obligations under its bond.

In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the Attorney-in-Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner- Department of Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation.

In Witness Whereof, the Companies have caused this instrument to be signed and sealed this 3rd day of February • 2024

MERCHANTS BONDING COMPANY (MUTUAL)
IONAL MERCHANTS NATIONAL BONDING, INC.

ORPORAN AP d/b/a MERCHANTS NATIONAL INDEMNITY COMPANY
ті:
-0- -0-
2003 1933 By Larry Tayto
Presideni

STATE OF AWA
COUNTY OF DALLAS ss.

On this 3rd day of February 2024 , before me appeared Larry Taylor, to me personally known, who being by me duly swom did say that he is President of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC.; and that the seals affixed to the foregoing instrument are the Corporate Seals of the Companies; and that the said instrument was signed and sealed in behalf of the Companies by authority of their respective Boards of Directors.

SARIAL Penni Miller
Commission Number 787952
My Commission Expires
tOWA January 20, 2027
(Expiration of notary's commission does not invalidate this instrument) I, William Warner, Jr., Secretary of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC., do hereby certify that the above and foregoing is a true and correct copy of the POWER-OF-ATTORNEY executed by said Companies, which is still in full force and effect and has not been amended or revoked.

In Witness Whereof, I have hereunto set my hand and affixed the seal of the Companies on this 13th day of May ,2024 .

SORPORATO ÖRPO
Willane Earne, gs.
- 0- -0-
1933 Secretary
2003
#
POA 0018 (1/24)

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract Map No.: N/A Bond No.: 100436975
Case No.:_N/A Premium: $464.00
WHEREAS, the City Councile the City of Victorville, County of San Bernardino, _ (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "Agreement") whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated_ _ and identified as Tract Map No.
for Permit No. EWTR23-00420: 8-Inch Waterline Extension 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 faithful performance of said Agreement.

NOW THEREFORE, we, the Principal and Merchants Bonding Company (Mutual) _ a corporation of the State of → doing business under
and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City"), in the penal sum ofForty-Six Thousand Four Hundred Forty-Three and 10/100 dollars, ($ 46.443 10), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that if the above bounded Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions, and provisions in the said Agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise, it shall be and remain in full force and effect.

As 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.

CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank.030520 Public Improvements
Faithful Performance Bond
Tract Map No.: N/A
Case No.:

Bond No.: 100436975
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.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on May 13 .20_24
Uriel Lee Merchants Bonding Company (Mutual)
Name of Principal (Applicant) Name of Surety Company
By: Triflee By:

Uriel Lee, Owner Blake Beverly, Attomey-in-Fact
By: N/A By: N/A
By: N/A By: N/A
Mailing Address:
12064 Nahoa Way 6700 Westown Parkway
Address of Principal Address of Surety Company
Victorville, CA 92392 West Des Moines, IA 50266
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:
nandia bastick
Risk Manager City Attorney
CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank.030520

ACKNOWLEDGMENT
A notary public or other officer completing this
State of California Sacramento
County of
May 13, 2024 before me, David M. Neeley, Notary Public
On
(insert name and title of the officer)
personally appeared Blake Beverly
subscribed to the within instrume said converged to me that personer secure 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. DAVID M. NEELEY
Notary Public - California
Sacramento County
Commission # 2389312
My Comm. Expires Jan 3, 2026
Signature M. Neely (Seal)

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