Cities Index.
Attachment C - Existing Securitites

Victorville City Council
August 18, 2026

Document
Attachment C - Existing Securitites
Meeting
August 18, 2026
Body
Victorville City Council
Original file
642 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

DUPLICATE ORIGINAL

REVISED ORIGINAL

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract Map No.: Bond No.: 9465189
Case No.: EROW24 - 00001 Premium: $3,788.00
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and PROLOGIS SCLC INVESTMENTS/LOT 45 LLC _ 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. _and
Case No. ERO 2400001
for Lot 45
Drainage and Street 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 Fidelity and Deposit Company of Maryland _ a corporation of the State of Illinois _ 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 of Seven Hundred One Thousand Four Hundred Eighty Three and 86/100 dollars, ($ 701,483.86- ), 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, 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 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.:

Case No.: EROW24-00001
Bond No.: 9465189
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 March 19 _ 2025
PROLOGIS SCLC INVESTMENTS/LOT 45, LLC,
a Delaware limited liability company Fidelity and Deposit Company of Maryland Name of Principal (Applicant) Name of Surety Company
By: Authorized Person By: man
By: By: Tanya Chinshilla
Name: " Jon Ethan Payme
By: It rologis, Inc, a Maryland corporation VP Developmen By: Attorney-in-Fact Mailing Address:
1800 Wazee Street, Suite 500 1299 Zurich Way, 5th Floor, Address of Principal Address of Surety Company
Denver, CO 80202 Schaumburg, IL 60196-1056
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:
sanchabastick
Sandra Bostick, Risk Manager City Attorney
CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank.030520 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 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 Contra Costa
on june 30,2024 before me, Lisa M. Lucas, Notary Public Here Insert Name and Title of the Officer
personally appeared Tanya Chinchilla
Name(s) of Signers)
who proved to me on the basis of satisfactory evidence to be the person* whose name» is/are subscribed to the within instrument and acknowledged to me that Ke/she/ke* executed the same in 4s/her/toek authorized capacity(lex), and that by his/her/tXeiXsignature(6) on the instrument the person (s), or the entity upon behalf of which the person(e) 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.

AAAAAA WITNESS my hand and official seal.

LISA M. LUCAS
COMM. # 2431224
NOTARY PUBLIC - CALIFORNIA O LiaM. Leva
CONTRA COSTA COUNTY O Signature_
COMM. EXPIRES JAN, 13, 2027 5) Signature of Notary Public Place Notary Seal Above
- OPTIONAL -
Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document.

Description of Attached Document
Title or Type of Document: Document Date:

Number of Pages: _ Signers) Other Than Named Above:

Capacity(ies) Claimed by Signer(s)
Signer's Name: Signer's Name:
• Corporate Officer - Title(s): ] Corporate Officer - Title(s): _ • Partner - O Limited • General ] Partner - • Limited • General •Individual D Attorney in Fact ] Individual • Attorney in Fact • Trustee • Guardian or Conservator J Trustee • Guardian or Conservator L Other: 1 Other:

Signer Is Representing: Signer Is Representing: _

TTY TXXXXXXXXXXXXXXXXXXXXXXXXX C
©2014 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 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 San Bernardino )
on 119/2026 _ before me, _ D. Agredano, Notary Public
Date Here Insert Name and Title of the Officer
personally appeared Jonathan Paune
Name(s) of Signer(s)
I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph is true and correct.

D. AGREDANO
Notary Public - California WITNESS my handland official seal.

San Bernardino County
Commission # 2455913
My Comm. Expires Jul 30, 2027 Dig
Signature
Signature of Notary Public
Place Notary Seal Above
- OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document.

Description of Attached Document
Title or Type of Document:

Document Date: Number of Pages:

Signer(s) Other Than Named Above:

Capacity(ies) Claimed by Signer(s)
Signer's Name: Signer's Name:

Corporate Officer - Title(s): 1 Corporate Officer - Title(s):

Partner - * Limited General Partner - - Limited • General Individual Attorney in Fact Individual Attorney in Fact Trustee Guardian or Conservator Trustee : Guardian or Conservator : Other: Other:

Signer Is Representing: _ Signer Is Representing:
©2015 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907

DUPLICATE ORIGINAL

REVISED ORIGINAL

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract Map No.: Bond No.: 946589
Case No.: EROW24-00001 Premium: included in the Performance bond.

WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and PROLOGIS SCLC INVESTMENTS/LOT 45 LLC (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 , 20 _, and identified as Tract Map No. _ _and
Case No.: EROW24-00001 for Drainage and Street
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 Fidelity and Deposit Company of Maryland _ 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 Three Hundred Fifity Thousand Seven Hundred Forty One and 93/100 dollars, ($350,741.93- ), 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.:

Case No.: EROW24-00001
Bond No.: 9465189
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 specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on March 19 _ 2025
PROLOGIS SCLC INVESTMENTS/LOT 45, LLC,
a Delaware limited liability company Fidelity and Deposit Company of Maryland Name of Principal (Applicant) Name of Surety Company
By: Authorized Person By: _
By: By: Tanya/Chinchilla
Name:

DeveloaMen By: Attorney-in-Fact
inc., a Maryland corporation
Mailing Address:
1800 Wazee Street, Suite 500 1299 Zurich Way, 5th Floor, Address of Principal Address of Surety Company
Denver, CO 80202 Schaumburg. Il. 60196-1056
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:
sandeabasticle
Sandra Bostick, Risk Manager City Attorney
CCP:ccp
Ishared/Development/Projects/SuretyRecovery/Forms/L&MBond.Blank.030520 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 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 San Bernardino )
on 1/9/2026 before me, _ D. Agredano, Notary Public
Date Here Insert Name and Title of the Officer
personally appeared Jonathan Payne
Name(s) of Signers)
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.

D. AGREDANO
Notary Public - California WITNESS my hand and official seal.

San Bernardino Count
commission # 2455911
My Comm. Expires Jul 30, 2027 P
Signature of Notary Public
Place Notary Seal Above
- OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document.

Description of Attached Document
Title or Type of Document:

Document Date: Number of Pages:

Signer(s) Other Than Named Above:

Capacity(ies) Claimed by Signer(s)
Signer's Name: Signer's Name:

Corporate Officer - Title(s): ] Corporate Officer - Title(s):

Partner - _ Limited = General Partner - • Limited General Individual Attorney in Fact Individual Attorney in Fact Trustee _ Guardian or Conservator Trustee - Guardian or Conservator ' Other: Other:

Signer Is Representing: Signer Is Representing: _
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx:
©2015 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 sarasarasadosasada asseracadasadasasacasadasasataracasasacasaacaravacara casac cacar caracas.

A nume tolerate retire ate an entire verties, era, or athly a it documened ther State of California )
County of Contra Costa )
on june 30, 2026 before me, Lisa M. Lucas, Notary Public Here Insert Name and Title of the Officer
personally appeared Tanya Chinchilla
Name(s) of Signers)
who proved to me on the basis of satisfactory evidence to be the person 3) whose names) is/ar subscribed to the within instrument and acknowledged to me that Ke/she/t% executed the same in Xix/her/e* authorized capacity(6x), and that by Kis/her/tKøiKsignature(f) on the instrument the person (a), 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.

ISA M. LUCAS WITNESS my hand and official seal.

COMM. # 2431224
LiesM. Lue
2027- Signature _
Signature of Notary Public
Place Notary Seal Above
- OPTIONAL -
Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document.

Description of Attached Document
Title or Type of Document: Document Date:

Number of Pages: Signer(s) Other Than Named Above:

Capacity(ies) Claimed by Signers)
Signer's Name: Signer's Name:
• Corporate Officer - Title(s): • Corporate Officer - Title(s):

Partner - O Limited • General ] Partner - • Limited • General Individual • Attorney in Fact • Individual • Attorney in Fact ] Trustee • Guardian or Conservator • Trustee • Guardian or Conservator ] Other: • Other:

Signer Is Representing: _ Signer Is Representing:
©2014 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 Power of Attorney
Federal Insurance Company | Vigilant Insurance Company | Pacific Indemnity Company Westchester Fire Insurance Company| ACE American Insurance Company Know All by These Presents, that FEDERAL INSURANCE COMPANY, an Indiana corporation, VIGILANT INSURANCE COMPANY, a New York corporation, PACIFIC INDEMNITY COMPANY, a Delaware corporation, WESTCHESTER FIRE INSURANCE COMPANY and ACE AMERICAN INSURANCE COMPANY corporations of the Commonwealth of Pennsylvania, do each hereby constitute and appoint A.W. Brown, Tanya Chinchilla, Lisa M. Lucas, and D Richard Stinson of San Ramon, California --. each as their true and lawful Attorney-in-Fact to execute under such designation in their names and to affix their corporate seals to and deliver for and on their behalf as surety thereon or otherwise, bonds and undertakings and other writings obligatory in the nature thereof (other than bail bonds) given or executed in the course of business, and any instruments amending or altering the same, and consents to the modification or alteration of any instrument referred to in said bonds or obligations.

In Witness Whereof, said FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, PACIFIC INDEMNITY COMPANY, WESTCHESTER FIRE INSURANCE COMPANY and ACE AMERICAN INSURANCE COMPANY have each executed and attested these presents and affixed their corporate seals on this 22ed day of January, 2025. alls
Ruper: HD Swindells Assistant Secretary Warren Richhom Vice President 212.

STATE OF NEW JERSEY
County of Hunterdon
On this 22od day of January, 2025 before me, a Notary Public of New Jersey, personally came Rupert HD Swindells and Warren Eichhorn, to me known to be Assistant Secretary and Vice President, respectively, of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, PACIFIC INDEMNITY COMPANY, WESTCHESTER FIRE INSURANCE COMPANY and ACE AMERICAN INSURANCE COMPANY, the companies which executed the foregoing Power of Attorney, and the said Rupert HD Swindells and Warren Eichhorn, being by me duly sworn, severally and each for himself did depose and say that they are Assistant Secretary and Vice President, respectively, of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, PACIFIC INDEMNITY COMPANY, WESTCHESTER FIRE INSURANCE COMPANY and ACE AMERICAN INSURANCE COMPANY and know the corporate seals thereof, that the seals affixed to the foregoing Power of Attorney are such corporate seals and were thereto affixed by authority of said Companies; and that their signatures as such officers were duly affixed and subscribed by like authority.

Notarial Seal Albert Contursi

NOTARY PUBLIC OF NEW JERSEY
Abut Contun
No 50202369
Commission Expires August 22.2027 Notary Public

CERTIFICATION
Resolutions adopted by the Boards of Directors of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, and PACIFIC INDEMNITY COMPANY on August 30, 2016; WESTCHESTER FIRE INSURANCE COMPANY on December 11, 2006; and ACE AMERICAN INSURANCE COMPANY on March 20, 2009:
"RESOLVED, that the following authorizations relate to the execution, for and on behalf of the Company, of bonds, undertakings, recognizances, contracts and other written commitments of the Company entered into in the ordinary course of business (each a "Written Commitment"):
(1) Each of the Chairman, the President and the Vice Presidents of the Company is hereby authorized to execute any Written Commitment for and on behalf of the Company, under the seal of the Company or otherwise.
(2) Each duly appointed attorney-in-fact of the Company is hereby authorized to execute any Written Commitment for and on behalf of the Company, under the seal of the Company or otherwise, to the extent that such action is authorized by the grant of powers provided for in such person's written appointment as such attorney-in-fact. (3) Each of the Chairman, the President and the Vice Presidents of the Company is hereby authorized, for and on behalf of the Company, to appoint in writing any person the attorney-in- fact of the penal it listen apa sent to aspect for an on be by are ye or tas of the sea one Comes or ty speciation at one or more pati wite. (4) Com at the hairy te prestor and the alter the company the cohe company ut or steve, such wite cooter fee company s are pete in suit write delegation, which specification may be by general type or class of Written Commitments or by specification of one or more particular Written Commitments. (5)
Theismile use ye orienter reen amerite lemment or appointment or delegation pursuant to this Resolution, and the seal of the Company, may be affixed t RTHER RESOLVED, that the foregoing Resolution shall not be deemed to be an exclusive statement of the powers and authority of officers, employees and other persons to act for and on behalf of apany, and such Resolution shall not limit or otherwise affect the exercise of any such power or authority otherwise validly granted or veste COMPAN and ACE AMERICAN INSURANCE COMPAN Neompanies A hereby cet SaRANCE COMPANY, PACIFIC INDEMNITY COMPANY, WESTCHESTER FIRE INSURANCE (il) the foregoing Reser orns anted bye fred and in til for the Companies are true, correct and inful force and effect, Given under my hand and seals of said Companies at Whitehouse Station, Ny, this March 19, 2025 b's
Ruper HO Swindell Assistant Seetary
IN THE EVENT YOU WISH TO VERIFY THE AUTHENTICITY OF THIS BOND OR NOTIFY US OF ANY OTHER MATTER, PLEASE CONTACT US AT:

Telephone (908) 903-3493 Fax (908) 903-3656 e-mail: [email protected] Combined: FED-VIG-PI-WFIC-AAIC (rev. 11-19)

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