Loading...
HomeMy WebLinkAbout2006 CON T Avenue - Bond Subdivision Improvement AgreementRECORDING REQUESTED BY CITY OF NATIONAL CITY AND WHEN RECORDED MAIL DEED TO AND UNLES =OTHERWISE SHOWN BELOW, MAIL " AX STATEMENTS TO: Name: City of National City Address: 1243 National City Boulevard City of State: National City, CA 91950 Attn: Adam Landa CID# 2006-0518079 111113 III11 111111 I II 11 IIII 11111 111 JUN 21 „ 2005 9:06 AM OFFI:ALHEI;OFDS COUNTY RECORDER'S OFFICE GREGOF`TTA. SMITH, COUNTY FECORDER FEES: 147.01i RAGES: 47 111111111111111111111111111 III IIIIIII IIIII IIIII IIIII IIIII llil iIII SPACE ABOVE THIS LINE FOR RECORDER'S USE SUBDIVISION IMPROVEMENT AGREEMENT DOCUMENT TITLE SEPARATE PAGE — PURSUANT TO GOVERNMENT CODE 27361.6 III SUBDIVISION S MPROVEMENT AGREEMENT DATE OF AGREEMENT: /1A-1 12 / U 'J NAME OF SUBDIVIDER: Rillrloe/�,// tqM2 &ie.. J� -7/NV 40790 ADDRESS OF SUBDIVIDER: 9c P /4 f'/ c , 4 V / e/ /147 yw 2/ ( , /1 % f/95 - NAME OF SUBDIVISION: CITY COUNCIL/PLANNING COMMISSION RESOLUTION OF APPROVAL NO.: Y-073 ��jjrr��z (�ADOPTED:').eC g/ IMPROVEMENT DRAWING NO.: "I Z- 7 _ Q THR J .012 4 3 - P ESTIMATED TOTAL COST OF IMPROVEMENTS: (OFF -SITE AND ON -SITE):, 3g g fo q(p,OO ESTIMATED TOTAL COST OF MONUMENTATION.: $ ,J,5'ad-Q0 ESTIMATED TOTAL COST OF LANDSCAPING AND IRRIGATION: TIME LIMIT FOR COMPLETION OF IMPROVEMENTS: l 7O`pJ45. NAME OF SURETY AND BOND/LETTER OF CREDIT NUMBERS:Z,4,,, ia4e,,,pr.R/14/(ar'wcc This agreement is made and entered into by and between the City of National City, California, a Municipal Corporation of the State of California, hereinafter referred to as City; and the Subdivider named on Page 1 hereof, hereinafter referred to as Subdivider. RECITALS WHEREAS, Subdivider has presented to City for approval and recordation, a final subdivision map/parcel map of a proposed subdivision as stated on Page 1 hereof pursuant to provisions of the Subdivision Map Act of the State of California, and in compliance with the provisions of Title 17 of the National City Municipal Code, hereinafter referred to as Code, relating to the Filing, approval and recordation of subdivision maps; and WHEREAS, a Tentative Map of the Subdivision has been approved, subject to the requirements and conditions contained in the resolution listed on Page 1 hereof. Said resolution is on file in the office of the City Clerk and is incorporated herein by reference and made a part hereof; and -1- WHEREAS, the Code provides that before the final subdivision or parcel map is approved by the City Council or the City Engineer, Subdivider must have complied with the requirements of said resolution and must have entered into an agreement with the City, secured by an approved improvement security to insure the performance of the work and payment to the contractor and to all persons furnishing labor, materials and equipment, pursuant to the requirements of the Code, agreeing at its own expense to install and complete, free of liens, all of the public improvements, land development and landscaping and irrigation work required in the subdivision within a definite period of time prescribed by the Council or City Engineer; and WHEREAS, Subdivider, in consideration of the approval and recordation of this map by the Council or the City Engineer, desires to enter into this agreement wherein it is provided that the Subdivider will install and complete at its own expense, all of the improvement work required in connection with the proposed subdivision and will deliver to the City an improvement security as approved by the City Attorney; and WHEREAS, complete plans and specifications for the construction, installation and completion of all of the improvement work have been prepared and approved by the City Engineer; as shown on the drawings listed on Page 1 hereof which have been filed in the office of the City Engineer and are incorporated by reference herein and made a part hereof; and WHEREAS, it is necessary that certain monuments and stakes as specified on the final map shall be installed within thirty days after completion of the required improvements and their acceptance by the City, and that street signs be placed at intersections, as required by the Code; and WHEREAS, an estimate of the cost of constructing the public improvements, and the necessary land development work in connection therewith according to said plans and specifications has been made and has been approved by the City Engineer in an amount stated on Page 1 hereof, which estimate is attached hereto, marked Exhibit "A" and made a part hereof; and WHEREAS, an estimate of the cost for the installation of all monuments has been approved by the City Engineer in an amount stated on Page 1 hereof, which estimate is attached hereto, marked Exhibit B and made a part hereof; NOW, THEREFORE, in consideration of the approval and recordation by the City Council or the City Engineer of the final map of this subdivision, and other valuable consideration, Subdivider and City agree as follows: 1. Subdivider shall: a. Comply with all the requirements of said tentative map resolution, and any amendments thereto and with the provisions of the Code. b. Complete at its own expense, in accordance with the plans and specifications and to the satisfaction and approval of the City Engineer, all of the public improvement, land development, and landscaping and irrigation work required in and adjoining the subdivision as follows: IMPROVEMENT DEADLINE DATE -3- IMPROVEMENT DEADLINE DATE Including East Half of Street Export Curb & Gutter Cutoff Wall Driveway A/C 3" on 6" Base .CTB Water Main Valves and Tees New Sewer Laterals New Water Services Remove Water Services A/C Overlay Sidewalk Street Lights Fire Hydrant Relocate Gas Main (1 —1/2" HP) Repair /Replace Existing Driveways Area Drain D-27 Sidewalk Underdrain Swale (ABM/Concrete) Sound Wall Retaining Wall Erosion Control/BMPs Monumentation Rip Rap Dissipator AL:jha Subv. 3A 2'J,�', .7a05 'u\Ni3l RY.g s),A,/ 30 2t i vAo 2-" i u � B 3 we 7,)62 � LLk 9 - �\- sk4 v to 2.tv ►a,bo15) - JbNE y _ siu st 4 = — ukAi i'-c, c. Furnish the necessary materials therefor, in conformity with the plans and specifications on file in the office of the City Engineer. d. Notify City Engineer in writing at least fifteen days prior to the commencement of the work hereunder. No construction shall begin until approved authorization has been obtained and the official Preconstruction conference has been held. e. Complete the improvements listed in 1.(b) above, under this contract on or before the time limits stated hereof. f. Install all monuments required by law within thirty days after the completion and acceptance of the improvements by the City Engineer. g. Install temporary street name signs if permanent street name signs have not been installed. 2. All utilities shall be underground as per National City Municipal Code Section 17.07.032 and SDG&E approval. Cable for TV shall be provided. 3. Subdivider agrees to install and maintain landscaping and irrigation as per City approved plans ( 4; sheets) dated S(J0(C)S. Such work shall be secured by a faithful performance security in the amount of 100% of the total estimated cost of the work, and a payment security in the Ste- ATTAcqc>250041), amount of 50% of the total estimated cost of the work. k). Subdivider shall maintain all areas of landscape in a manner that is satisfactory and acceptable to the City, and shall indemnify and save City harmless from original or developed defects in materials and workmanship supplied by the developer appearing within one year from the date of acceptance of the work by the City. -4- 4. If any of the public improvement, land development and landscape and irrigation work contemplated by this agreement is to be constructed or installed on land not owned by Subdivider, no construction or installation shall be commenced prior to the dedication and acceptance by the City of the appropriate easements. 5. The City Engineer or his duly authorized representative, upon request of the Subdivider, shall inspect at Subdivider's expense, the improvements herein agreed to be constructed and installed by Subdivider, and if determined to be in accordance with applicable City standards and the terms of this agreement, shall recommend the acceptance of such improvements by the City. Subdivider shall at all times maintain proper facilities, and provide safe access for inspection by City, to all parts of the work, and to the shops wherein the work is in preparation. 6. Subdivider shall furnish to the City good and sufficient security on forms approved by the City, in the amount of 100% of the estimated cost of said improvements as stated on Page 1, hereof, to assure faithful performance of this agreement in regard to said improvements; and in the additional amount of 50% of said amount for securing payment to contractor, his subcontractors and persons renting equipment or furnishing labor or materials to them for the improvements required to be constructed or installed hereby. Ten percent (10%) of the amount of the faithful performance bond shall continue in effect to guarantee or warranty the work done pursuant to this agreement for a period of one year following acceptance thereof by the City against any defective work or labor done or defective materials furnished. Subdivider shall furnish to the City such security in the amount of 100% of the estimated cost of setting subdivision monuments as stated on Page 1, hereof and as required by this agreement. The securities required by this agreement shall be filed with the City Clerk or the Director of Finance Department, and when so filed, shall be incorporated by reference herein. -5- 7. Any changes, alterations or additions to the improvement plans and specifications or to the improvements, not exceeding 10% of the original estimated cost of the improvement, which are mutually agreed upon by City and Subdivider, shall not require additional improvement security given for faithful performance of the improvement. In the event such changes, alterations, or additions exceed 10% of the original estimated cost of the improvement, Subdivider shall provide improvement security for faithful performance as required by this agreement for 100% of the total estimated cost of the improvement as changed, altered, or amended, minus any completed partial releases thereof as allowed by this agreement. 8. The securities required by this agreement shall be released as follows: a. Security given for faithful performance of any act or agreement shall be released upon the final completion and acceptance of the act or work, subject to the provisions of Subsection (b) hereof. b. The City Engineer may release a portion of the security in conjunction with the acceptance of the performance of this act or work as it progresses upon application therefor by the Subdivider; provided, however, that no such release shall be for an amount less than 25% of the total improvement security given for faithful performance of the act or work and that the security shall not be reduced to an amount less than 50% of the total improvement security given for faithful performance until final completion and acceptance of the act or work. In no event shall the City Engineer authorize a release of the improvement security which would reduce such security to an amount below that required to guarantee the completion of the act or work and any other obligation imposed by the Code, the Subdivision Map Act or this agreement. -6-- otherwise unsatisfactory part or parts of the work or structure. Should Subdivider fail to act promptly or in accordance with this requirement, Subdivider hereby authorizes City, at City's option, to perform the work twenty days after mailing written notice of default to Subdivider and agrees to pay the cost of such work by City. Should the exigencies of the case require repairs or replacements to be made before Subdivider can be notified, City may, at its option, make the necessary repairs or replacement or perform the necessary work and Subdivider shall pay to City the cost of such repairs. 14. Neither Subdivider nor any of Subdivider's agents or contractors are or shall be considered to be agents of City in connection with the performance of Subdivider's obligations under this Agreement. 15. Nothing contained in this agreement shall preclude City from expending monies pursuant to agreements concurrently or previously executed between the parties, or from entering into agreements with subdividers for the apportionment of costs of water and sewer mains pursuant to the provisions of the National City Municipal Code providing therefor, nor shall anything herein stated commit City to any such apportionment. 16. Until such time as all improvements required by this agreement are fully completed and accepted by the City, Subdivider will be responsible for the care, maintenance of and any damage to such improvements. Subdivider shall give good and adequate warning to the travelling public of each and every dangerous condition existent in said improvements, and will protect the travelling public from such defective or dangerous conditions. The Subdivider hereby agrees to pay for such inspection of such improvements as may be required by the City Engineer of the City. 17. Upon acceptance of the work on behalf of the City and recordation of the Notice of Completion, ownership of the improvements constructed pursuant to this agreement shall vest in the City. -9- 18. Acceptance of the work on behalf of the City shall be made by the City Engineer upon authorization of the City Council. Such acceptance shall not constitute a waiver of defects by the City. 19. The City or any officer or employee thereof shall not be liable for any injury to persons or property occasioned by reason of the acts or omissions of the Subdivider, its agents or employees in the performance of this agreement. Subdivider further agrees to protect and hold harmless the City, its officials and employees from any and all claims, demands„ causes of action, liability or loss of any sort because of, or arising out of acts or omissions of the Subdivider, its agents or employees in the performance of this agreement, including all claims, demands, causes of action, liability, or loss because of, or arising out of, in whole or in part, the design or construction of the improvements: provided, however, that the approved improvement security shall not be required to cover the provisions of this paragraph. Said indemnification and agreement to hold harmless shall extend to injuries to persons and damages or taking of property resulting from the design or construction of said subdivision and the improvements as provided herein, to adjacent property owners as a consequence of the diversion of waters from the design, construction or maintenance of drainage systems, streets and other improvements. Acceptance by the City of the improvements shall not constitute an assumption by the City of any responsibility for any damage or taking covered by this paragraph. City shall not be responsible for the design or construction of the subdivision or the improvements pursuant to the approved improvement plans regardless of any action taken by the City on approval of the plans. The Subdivider shall remain obligated to eliminate any defect in design or dangerous condition caused by the design, other than routine maintenance, or damage -10- to the improvements by an act of God for the time period specified in this agreement. Provisions of this paragraph shall remain in full force and effect for ten years following the acceptance by the City of the improvements. 20. City shall not, nor shall any officer or employee thereof, be liable or responsible for any accident, loss or damage happening or occurring to the work or improvements specified in this agreement prior to the completion and acceptance of same, nor shall said City, nor any officer or employee thereof, be liable for any persons or property injured by reason of said work or improvements, but all of said liabilities shall be assumed by Subdivider. 21. Sale or other disposition of this property will not relieve Subdivider from the obligations set forth herein. 22. Time is of the essence of this agreement. Subdivider shall commence substantial construction of the improvements required by this agreement not later than nine months prior to the time for completion. Provided that in the event good cause exists as determined by the City Engineer, the time for commencement of construction or completion of the improvements hereunder may be extended. Any such extension may be granted without notice to Subdivider's Surety and shall in no way affect the validity of this agreement or release the Surety or Sureties on any bond given for the faithful performance of this agreement. The City Engineer shall be the sole and final judge as to whether or not good cause has been shown to entitle Subdivider to an extension. As a condition of such extensions the City Engineer may require Subdivider to furnish new security guaranteeing performance of this agreement as extended in an increased amount as necessary to compensate for any increase in construction costs as determined by the City Engineer. -11- Failure of Subdivider to comply with the terms of this agreement shall constitute consent to the filing by the City of notice of violation against all the lots in the Subdivision. 23. In the event that suit is brought by City to enforce the terms of this contract, City shall be entitled to process such suit and a reasonable sum as attorney's fees. IN WITNESS WHEREOF, the City has caused this agreement to be executed by having affixed thereto the signature of an authorized City representative and the Subdivider has caused this agreement to be executed, as dule authorized, the day and year first hereinabove written. Dated this (ri day of 4fr"y/ am Subdivider APPROVED AS TO FORM: VED AS TO FORM CITY ATT ggOt\TE9i ty Attorney CITY OF NATIONAL CITY, a Municipal Corporation of the State of California By: Chris Zapata, City Manager (NOTARIAL ACKNOWLEDGMENT OF EXECUTION OF OWNERS MUST BE ATTACHED) STATE OF CALIFORNIA ) ) ss. COUNTY OF SAN DIEGO ) -12- aZdOS— On this �5.' ' day of # L- , -14 , before me the Undersigned, a Notary Public in and for said County and State, personally appeared \T{/ / Cs 'Y LAAIP and known to me to be the persons whose name are subscribed to the within instrument, and acknowledged to me that they executed the same. WITNESS whereof, my hand and affixed my notarial seal, the day and year in this certificate first above written. Folder 5/Sub improvement Agreement tiff -a , Q/ My Commission Expires Notary Public -13- ACKNOWLEDGMENT State of CALL /f0AAI ,q County of .fM -D/FG d }SS. On ARIL /t , -z1 , before me 4SZPIRO iy , /tf4 L G 1,R / Date Name and Title of Officer (e.g., "Jane Doe, Notary Public") personally appeared y C�eVEth ARTURO M. MALLARI Commission # 1478939 Notary Public - California San Diego County MVConm• Expires Mar 26. 2008 Place Notary Seal Above Name(e of Signer Oil [ rsonally known to me [ ] 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. WITNESS my hand and official seal Signatyfe of Notary Public 5 Exhibit A SEE ATTACHMENT COST ESTIMATE FOR PUBLIC IMPROVEMENTS, GRADING & MONUMENTATION "T" AVENUE CASE FILE NO. S-2004-8/2-2004-6 For: Jay Cleveland "T" AVENUE National City, CA Job No.: 6497 BY: James H. Algert Checked By: JHA Date 1/18/05 No. ITEM QUANTITY . UNIT UNIT ITEM , . PUBLIC , . - ; , - : • • PRICE . • PRICE. • 1..• Including East Half of Street 1300 •CY 9.50 $ • 12,350 2. Export 1300 CY 8.00 $ 10,400 3. Curb & Gutter 424 LF 14.50 $ 6,148 4. Cutoff Wall 2 EA 950.00 $ 1,900 5. Driveway 840 SF 5.00 $ 4,200 6. NC 3" on 6" Base CTB 7200 SF 2.25 $ 16,200 7. Water Main 650 LF 58.00 $ 37,700 8. Valves and Tees 2 EA 1800.00 $ 3,600 9. New Sewer Laterals 8 EA 600.00 $ 4,800 10. New Water Services 8 EA 2389.00 $ 19,112 11. Remove Water Services 3 EA 1000.00 $ 3,000 12. NC Overlay 4700 SF 0.90 $ 4,230 13. Sidewalk 2480 SF 4.00 $ 9,920 14. Street Lights 2 EA 2800.00 $ 5,600 15. Fire Hydrant 1 EA 4000.00 $ 4,000 16. Relocate Gas Main (1 1/2" HP) 200 LF 40.00 $ 8,000 17 Repair/Replace Existing Driveways 1600 SF 5.00 $ 8,000 18 Area Drain 1 EA 200.00 $ 200 19 D-27 Sidewalk Underdrain 2 EA 325.00 $ 650 20 Swale (ABM/Concrete) 850 SF 4.00 $ 3,400 21 Sound Wall 4460 SF 20.00 $ 89,200 22 Retaining Wall 3200 SF 30.00 $ 96,000 23 Erosion Control/BMPs 1 LS 2400.00 $ 2,400 24 Monumentation 1 LS 2200.00 $ 2,200 25 r Rip Rap Dissipator 1 TON 150.00 $ 150 _4'0 'q TOTAL ESTIMATE $ 353,360 �� / Cr'� `� With 10% Contingency $ 35,336 4. ATOTAL AMOUNT $ 388,696 No, C 19073 cc ` En. s-3n- i , y4,t 6A1;" PAYMENT BOND NAME OF DEVELOPER: Baldock Holding, Inc. & Diaz Development, LLC DATE OF AGREEMENT: TITLE OF AGREEMENT: NAME OF DEVELOPMENT: T Avenue NAME OF SURETY: Lincoln General Insurance Company ADDRESS: 701 B Street, Suite 2100 San Diego, CA 92101 AMOUNT OF BOND: $388,696.00 BOND NUMBER: 661113134 EFFECTIVE DATE: PREMIUM: Included in Performance Bond 4/14/2005 WHEREAS, the City of National City, State of California, hereinafter referred to as CITY, and the DEVELOPER named on Page 1 hereof, hereinafter referred to as DEVELOPER, have entered into an agreement whereby DEVELOPER agrees to install and complete certain designated public improvements, which said agreement, dated as shown on Page 1 hereof and entitled as shown on Page 1 hereof, for public improvements appurtenant to the Development name on Page 1 hereof, is hereby referred to and made a part hereof; and WHEREAS, under the terms of the agreement, DEVELOPER is required before entering upon the performance of the work to file a good and sufficient payment bond with the CITY of 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, we, DEVELOPER and the undersigned as 1 corporate Surety, are held and firmly bound unto the City and all contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of the agreement and referred to in Title .15 of the Civil Code in the sum of $388,696.00 , 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 Surety will pay the same in an amount not exceeding the amount set forth. If suit is brought on this bond, Surety will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the city in successfully enforcing the obligation, to be awarded and fixed by the Court, to be taxed as costs, and to be included in the 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 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. If the condition of this bond is fully performed, then this obligation shall become null and void; otherwise, it shall be and remain in full force and effect. The Surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the agreement shall in any manner affect its obligations on this bond. The Surety 2 hereby waives notice of any such change, extension, alteration, or addition. IN WITNESS WHEREOF, this instrument has been duly„ executed by DEVELOPER and The Surety above named on April 14th 2005 Baldock Holding, Inc. & Diaz Development, LLC Lincoln General Insurance Company DEVELOPER SURETY P ELOPER APPROVED AS TO FORM: GEORGE H. EISER, III City Attorney TY Gloria S. Russell, Attorney -in -Fact OVED AS TO FORM Rudolf Hra-aecky --- Sr. Asst. City Attorney (Notarial acknowledgement of execution by DEVELOPER and SURETY must be attached.) 3 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of San Diego On 4/14/05 before me, Allison J. Fernandez personally appeared Gloria S. Russell ® personally known to me -OR- ❑ I 1 Auu J. FERNANDEZ I C M. #1565765 NOTARY PUBUC.CAUFORNA 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. WITNESS my hand and official seal. TL ature of Notary Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER ❑ INDIVIDUAL ❑ CORPORATE OFFICER ❑ PARTNER(S) ❑ LIMITED ®ATTORNEY -IN -FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) DESCRIPTION OF ATTACHED DOCUMENT Lincoln General Insurance Company tii The Commonwealth of Pennsylvania York County On this 4th day of September, 2002, before me 4.on111l ca ie C. Bhojwani, to me known, who being duly sworn, did depose and say: that he is the President of the Corp&MinektoillAd in and which executed the above instrument: that he knows the seal affixed to the aforesaid instrument is such corporate seal and was affixed thereto by order and authority of the Board of Directors of said Company; and that he executed the said instrument by like order and authority and the same was his free act and deed. hojwani, Presid t these presents to Notarial Seal The Commonwealth of Pennsylvania Catherine Mane Loose, Notary York County Spnngettsbury Twp., York C My Commission Expires June 1 LINCOLN GENERAL INSURANCE COMPANY POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Lincoln General Insurance Company, organized and existing by virtue of the Laws of the Commonwealth of Pennsylvania, does hereby nominate, constitute and appoint: Gloria S. Russell its true and lawful attorney(s)-in-fact to sign, seal and execute for and on its behalf, as surety, bonds, undertakings, and other obligatory instruments of similar nature in an amount not to exceed Three Million Dollars ($3,000,000) and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation, and all the acts of said Attorney, pursuant to the authority hereby given are hereby ratified and confirmed. RESOLVED that this Power of Attorney is granted and is signed, sealed and notarized with facsimile signatures and seals under authority of the following resolutions adopted by the Board of Directors of Lincoln General Insurance Company on the 4th day of September, 2002. RESOLVED that the President, an Executive or Senior Vice President, or any Vice President of the Company, together with the Secretary or any Assistant Secretary are hereby authorized to execute Powers of Attorney appointing the person(s) named as Attorney(s)-in-Fact to date, execute, sign, seal and deliver on behalf of the Company, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. RESOLVED FURTHER that the signatures of the officers making the appointment, and the signature of any officer certifying the validity and current status of the appointment, may be facsimile representations of those signatures; and the signature and seal of any notary, and the seal of the Company, may be facsimile representations of those signatures and seals, and such facsimile representations of those signatures and seals, and such facsimile representations shall have the same force and effect as if manually affixed. The facsimile representations referred to herein may be affixed by stamping, printing, typing, or photocopying. IN WITNESS WHEREOF, Lincoln General Insurance Company has caused its corpora be signed by its duly authorized officers this 4th day Orptemi% 2002. INSiIp����i, Attest: � „QORATES ''.'1 z 1977 toff OJ • '1/1VSYLN Nt. a Notary Publi I, Gary Orndorff, Secretary of Lincoln General Insurance Company, a corporation of the Commonwealth of Pennsylvania do hereby certify that the above and foregoing is a full, true and correct copy of Power of Attorney issued by said Company, and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked, and furthermore that the Resolution of the Board of Directors, set forth in the said Power of Attorney is now in force. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Company, at York, Pennsylvania, this 14th day of April , 2005 • ,�ORAPE� .• • . , Secretary y27, �: i9T7�� /pn�^ ti'.e,. — Bond No. 661113134 TERRORISM RIDER NOTICE — FEDERAL TERRORISM INSURANCE COVERAGE AND DISCLOSURE OF PREMIUM Any loss applicable to a peril covered under this bond that is caused by a certified act of terrorism pursuant to the terms of the Terrorism Risk Insurance Act of 2002 ("the Act"), will be partially reimbursed by the United States under a formula established by federal law. Under this formula, the United States pays 90% of covered terrorism losses exceeding a statutorily established deductible to the insurance company providing this bond. The portion of your annual premium attributable to certified acts of terrorism under this bond is $0.00. COVERAGE LIMITATIONS Payment for a loss will not exceed the limit of liability under this bond. This bond will not pay for any portion of certified terrorism loss beyond any applicable annual liability cap set forth in the Act. The terms of this rider do not provide coverage for any loss that would otherwise be excluded by the terms of this bond. SU 0009 12 02 FAITHFUL PERFORMANCE BOND NAME OF DEVELOPER: DATE OF AGREEMENT: NT: TITLE OF ACC': NAME. OF DEVECOPMIT: Baldock Holding, Inc. & Diaz Development, LLC T Avenue NAME OF SURETY: Lincoln General Insurance Company AMOUNT OF BOND: $388,696.00 BOND NCO: 661113134 EFFECTIVE DATE: 4/14/2005. PREMIUM: $8,774.00 WHEREAS, the City of National City, State of California, hereinafter referred to as City, and the Developer named on Page 1 hereof, hereinafter referred to as DEVELOPER, have entered into an agreement whereby DEVELOPER agrees to install and complete certain designated public improvements, which said agreement, dated as shown on Page 1 hereof and entitled as shown on Page 1 hereof, for public improvements appurtenant to the Development named an Page 1 hereof, is hereby referred to and made a part hereof; and WHEREAS, said DEVELOPER is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement, NOW, THEREFORE, WE, the DEVELOPER and the Surety named on Page 1 hereof, hereinafter referred to as SURETY, are held and firmly bound unto CITY in the penal sum of the amount stated on Page 1 hereof, 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, jointly and severally, firmly by these presents. Page 1 of 3 The condition of this obligation is such that if the above bounden DEVELOPER,, his/her or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well 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 indemnity and save harmless the CITY, its officers, agents and employees, as therein stipulated, then this obligation shall became null and void; otherwise, it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the CITY in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. The SURETY hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or the work to be performed thereunder or the specifications accompanying the same shall in any way affect its obligations on this bond, and it does hereby waive of any 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 DEVELOPER and SURETY above named on April 14th , 19 2005 Page 2 of 3 Baldock Holding, Inc. & Diaz Development, LLC APPROVED AS TO G�'Ea H EISI R, III CITY ATIIY Lincoln General Insurance Company Gloria S. Russell, 'Attorney -in - Fact APP1"iOVED S TO FORM Rudolf radecky Sr. Asst. City Attorney (NOTARIAL ACKNOVILEDGMENT OF ExEcuTioN BY DEVELOPER AND SURETY MUST BE ATTACHED) Page 3 of 3 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of San Diego On 4/14/05 before me, Allison J. Fernandez personally appeared Gloria S. Russell ® personally known to me -OR- ❑ J. �#1 NOTARYPUBLIC-CAIJFOANIA ARCH 31, 2009 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. WITNESS my hand and official seal. �18 Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER ❑ INDIVIDUAL O CORPORATE OFMCER ❑ PARTNER(S) ®ATTORNEY -IN -FACT ❑ TRUSTEE(S) O GUARDIAN/CONSERVATOR OTHER: 0 LIMITED SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) DESCRIPTION OF ATTACHED DOCUMENT Lincoln General Insurance Company • LINCOLN GENERAL INSURANCE COMPANY POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Lincoln General Insurance Company, organized and existing by virtue of the Laws of the Commonwealth of Pennsylvania, does hereby nominate, constitute and appoint: Gloria S. Russell its true and lawful attorney(s)-in-fact to sign, seal and execute for and on its behalf, as surety, bonds, undertakings, and other obligatory instruments of similar nature in an amount not to exceed Three Million Dollars ($3,000,000) and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation, and all the acts of said Attorney, pursuant to the authority hereby given are hereby ratified and confirmed. RESOLVED that this Power of Attorney is granted and is signed, sealed and notarized with facsimile signatures and seals under authority of the following resolutions adopted by the Board of Directors of Lincoln General Insurance Company on the 4d' day of September, 2002. RESOLVED that the President, an Executive or Senior Vice President, or any Vice President of the Company, together with the Secretary or any Assistant Secretary are hereby authorized to execute Powers of Attorney appointing the person(s) named as Attomey(s)-in-Fact to date, execute, sign, seal and deliver on behalf of the Company, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. RESOLVED FURTHER that the signatures of the officers making the appointment, and the signature of any officer certifying the validity and current status of the appointment, may be facsimile representations of those signatures; and the signature and seal of any notary, and the seal of the Company, may be facsimile representations of those signatures and seals, and such facsimile representations of those signatures and seals, and such facsimile representations shall have the same force and effect as if manually affixed. The facsimile representations referred to herein may be affixed by stamping, printing, typing, or photocopying. IN WITNESS WHEREOF, Lincoln General Insurance Company has caused its corpora to be ixed • these presents to be signed by its duly authorized officers this 4th day` �eptomberJ 2002. ��� ,r; �2.P�. INgV ���1� Attest: ��?; o�QORATES �'����L� Gary J. ' do , Se tary O — Ch C9 �� S' •4 On hojwani, Presid= =z 1977o o *II' 0, \ 41SY0tk .. as On this 4th day of September, 2002, before me" onallj�'cam� C. Bhojwani, to me known, who being duly sworn, did depose and say: that he is the President of the Corplhaigplfiloceilk in and which executed the above instrument: that he knows the seal affixed to the aforesaid instrument is such corporate seal and was affixed thereto by order and authority of the Board of Directors of said Company; and that he executed the said instrument by like order and authority and the same was his free act and deed. The Commonwealth of Pennsylvania York County Notarial Seal The Commonwealth of Pennsylvania Catherine Mario Loose, Notary York County Spnngettsbury Twp., York C My Commission Expires June t Notary Publi I, Gary Omdorff, Secretary of Lincoln General Insurance Company, a corporation of the Commonwealth of Pennsylvania do hereby certify that the above and foregoing is a full, true and correct copy of Power of Attorney issued by said Company, and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked, and furthermore that the Resolution of the Board of Directors, set forth in the said Power of Attorney is now in force. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Company, at York, Pennsylvania, this 14th day of April 22 05 �,,illPirrrfj , .1. i°-l$P 9494. `���� ORATES 'S' J. e ' d ' , Secretary Exhibit B SEE ATTACHMENT BOND ESTIMATE FOR MONUMENTATION "T" AVENUE CASE FILE NO. S-2004-8/2-2004-6 For: Jay Cleveland "T" AVENUE National City, CA Job No.: 6497 BY: James H. Algert Checked By: JHA Date 4/14/05 No. ITEM QUANTITY UNIT UNIT . ITEM PUBLIC PRICE PRICE 1 Monumentation 1 LS 2500.00 $ 2,500.00 �Qt,UFESSo0 44, /4. 1 (( No. C1907a E. 9-30-0 1*) eP nm C TOTAL ESTIMATE $ 2,500.00 TOTAL AMOUNT $ 2,500.00 SUBDIVISION MONUMENTATION BOND NAME OF DEVELOPER: Baldock Holding, Inc. & Diaz Development, LLC DATE OF AGREEMENT: NAME OF DEVELOPMENT: T Avenue NAME OF SURETY: Lincoln General Insurance Company AMOUNT OF BOND: $ 2 , 500.00 BOND NO.: 661113186 PREMIUM: $100.00 EFFECTIVE DATE: 4 / 14 / 2005 WHEREAS, the City of National City, State of California, hereinafter referred to as City, and Developer named on Page 1 hereof, hereinafter referred to as DEVELOPER, have entered into a subdivision improvement agreement whereby DEVELOPER agrees to install and complete certain subdivision monumentation, which said agreement, dated as shown on Page 1 hereof, for public improvements and subdivision monumentation appurtenant to the development named on page 1 hereof, is hereby referred to and made a part hereof; and WHEREAS, said DEVELOPER is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement; and WHEREAS, the certificate of the engineer of surveyor on the subdivision map of said development provides that the monuments will be set on or before a specified later date; and WHEREAS, the Subdivision Map Act of the State of California, Section 66496 of the Government Code, requires said DEVELOPER to file a good and sufficient bond guaranteeing payment of the cost of setting the monuments; NOW, THEREFORE, WE, the DEVELOPER and the Surety named on Page 1 hereof, hereinafter referred to as SURETY, and held and firmly bound unto CITY in the penal sum of the amount stated on Page 1 hereof, 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. If said DEVELOPER, within 30 days after the setting of the said final monuments, furnishes written notice thereof to the City Engineer and pays the engineer or surveyor for setting said subdivision monumentation, and presents evidence of such payment and receipt thereof to the City Engineer, together with a request that this bond be released, then this obligation shall cease and be void; otherwise, it shall remain in full force and effect. As a part of the obligation secured hereby and in addition to the far' amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the CITY in successful enforcing such obligation, all to be taxed as costs and included in any judge nt rendered. The SURETY hereby stipulates and agrees that no change, extension of time, alteration or adr1i tion to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same 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 to the .terms of the agreement or to the work or to the scifications. IN WITNESS WHEREOF, this instrument has been duly executed by the DEVELOPER05 and SURETY above na' i, on April 14th ,MN • .Lincoln General Insurance Company 'ria SURETY S. Russell, ttorney-in-Fact APPROVED AS TO FORM: GEORGE H. EISER, III, CITY ATIOPNEY Baldock Holding, Inc. & Diaz Development, LLC APPRO - ED S.TO FORM Rudolf radecky Sr. Asst. City Attorney (NOTARIAL ACKNCATLEDGMIENT OF EXECUTION BY DEVELOPER AND SURETY MIST BE ATTACHED) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of San Diego On 4/14/05 before me, Allison J. Fernandez personally appeared Gloria S. Russell ® personally known to me -OR- 0 AMJ. FERNANDEZ I . #1505785 NOTARY PUBLIC-CALIFORMA NAa, 2000 t" MARCH 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. WITNESS my hand and official seal. 4-Yof Notary 1/1k\82 Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER D INDIVIDUAL ❑ CORPORATE OFFICER ❑ PARTNER(S) El LIMITED ®ATTORNEY -IN -FACT ❑ TRUSTEF(S) ❑ GUARDIAN/CONSERVATOR OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) DESCRIPTION OF ATTACHED DOCUMENT Lincoln General Insurance Company LINCOLN GENERAL INSURANCE COMPANY POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Lincoln General Insurance Company, organized and existing by virtue of the Laws of the Commonwealth of Pennsylvania, does hereby nominate, constitute and appoint: Gloria S. Russell its true and lawful attorney(s)-in-fact to sign, seal and execute for and on its behalf, as surety, bonds, undertakings, and other obligatory instruments of similar nature in an amount not to exceed Three Million Dollars ($3,000,000) and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation, and all the acts of said Attorney, pursuant to the authority hereby given are hereby ratified and confirmed. RESOLVED that this Power of Attorney is granted and is signed, sealed and notarized with facsimile signatures and seals under authority of the following resolutions adopted by the Board of Directors of Lincoln General Insurance Company on the 4s' day of September, 2002. RESOLVED that the President, an Executive or Senior Vice President, or any Vice President of the Company, together with the Secretary or any Assistant Secretary are hereby authorized to execute Powers of Attorney appointing the person(s) named as Attorney(s)-in-Fact to date, execute, sign, seal and deliver on behalf of the Company, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. RESOLVED FURTHER that the signatures of the officers making the appointment, and the signature of any officer certifying the validity and current status of the appointment, may be facsimile representations of those signatures; and the signature and seal of any notary, and the seal of the Company, may be facsimile representations of those signatures and seals, and such facsimile representations of those signatures and seals, and such facsimile representations shall have the same force and effect as if manually affixed. The facsimile representations referred to herein may be affixed by stamping, printing, typing, or photocopying. IN WITNESS WHEREOF, Lincoln General Insurance Company has caused its corpora to be • ed be signed by its duly authorized officers this 4th day Ooplumbirfil 2002. Attest: �� 01ORATEs �y� O Z G 1977 0 O— °F -- t. 0'•. ' 4/SYLVAa rya On this 4th day of September, 2002, before meona110.4C. Bhojwani, to me known, who being duly sworn, did depose and say: that he is the President of the CorpCorp&StivapiNiganAd in and which executed the above instrument: that he knows the seal affixed to the aforesaid instrument is such corporate seal and was affixed thereto by order and authority of the Board of Directors of said Company; and that he executed the said instrument by like order and authority and the same was his free act and deed. Gary J. The Commonwealth of Pennsylvania York County Notarial Seal The Commonwealth of Pennsylvania Catherine Marie Loose, Notary York County Spnngettsbury Twp., York C • My Commission Expires June 1 4K9 Notary Pubh I, Gary Omdorff, Secretary of Lincoln General Insurance Company, a corporation of the Commonwealth of Pennsylvania do hereby certify that the above and foregoing is a full, true and correct copy of Power of Attorney issued by said Company, and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked, and furthermore that the Resolution of the Board of Directors, set forth in the said Power of Attorney is now in force. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Company, at York, Pennsylvania, this 14th day of April , 2005 . -Ntily �r������� i . U. QQORATF Secreta ry =Z: 1977 G_ • s hojwani, Presid= t these presents to FAX 1 751 0 'C. Box3709, York PA. 174024136 Bond No. 661113186 TERRORISM RIDER NOTICE — FEDERAL TERRORISM INSURANCE COVERAGE AND DISCLOSURE OF PREMIUM Any loss applicable to a peril covered under this bond that is caused by a certified act of terrorism pursuant to the terms of the Terrorism Risk Insurance Act of 2002 ("the Act"), will be partially reimbursed by the United States under a formula established by federal law. Under this formula, the United States pays 90% of covered terrorism losses exceeding a statutorily established deductible to the insurance company providing this bond. The portion of your annual premium attributable to certified acts of terrorism under this bond is $0.00. COVERAGE LIMITATIONS Payment for a Toss will not exceed the limit of liability under this bond. This bond will not pay for any portion of certified terrorism loss beyond any applicable annual liability cap set forth in the Act. The terms of this rider do not provide coverage for any loss that would otherwise be excluded by the terms of this bond. SU 0009 12 02 FAITHFUL PERFORMANCE BOND (LANDSCAPING AND IRRIGATION) Subdivisions NAME OF DEVELOPER: Baldock Holding, Inc. and Diaz Development, LLC DATE OF AGREEMENT: TITLE OF AGREEMENT: (Surety) F .. rrt4 FA) (, f e n.l <:/2 ,a.,n►c eE C62, 1- 44-e St...46P1 xt e, NAME OF DEVELOPMENT: T Avenue 701 B Street, Ste.2100 NAME OF SURETY & ADDRESS: Lincoln General Insurance Company San Diego, CA 92101 AMOUNT OF BOND: BOND NUMBER: $8,000.00 661113458 PREMIUM: $240.00 EFFECTIVE DATE: 5/12/2005 WHEREAS, the City of National City, State of California, hereinafter referred to as CITY, and the Developer named on Page 1 hereof, hereinafter referred to as DEVELOPER, have entered into an agreement whereby DEVELOPER agrees to install and complete certain designated landscaping and irrigation improvements, which said agreement, dated as shown on Page 1 hereof and entitled as shown on Page 1 hereof, for landscaping and irrigation improvements appurtenant to the development named on Page 1 hereof, is hereby referred to and made a part hereof; and WHEREAS, said DEVELOPER is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement; NOW, THEREFORE, WE, the DEVELOPER and the Surety named on Page 1 hereof, hereinafter referred to as SURETY, are held and firmly bound unto CITY in the penal sum of the amount stated on Page 1 hereof, 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. Page 1 of 3 The condition of this obligation is such that if the above bounden DEVELOPER, his/her 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 end 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, 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 a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the CITY in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. The SURETY hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any way 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 DEVELOPER and SURETY above named on May 12th Page 2 of 3 2005VX Baldock Holding, Inc. and Diaz Development, LLC Lincoln General Insurance Company DEVELOPER APPROVED AS TO FORM: APPROVFATO FORM GEORGf!"A".'•fio Hr deC CITY ATTORNE t. City Attorney SURETY SURETY , Attorney n-Fact (NOTARIAL ACKNOWLEDGMENT OF EXECUTION BY DEVELOPER AND SURETY MUST HE ATTACHED) Page 3 of 3 Folder Misc.-Faithful/Landscaping CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of San Diego On �J12(p5 before me, Allison J. Fernandez personally appeared Gloria S. Russell ® personally known to me -OR- ❑ proved t_ _- n the b sis cf uati faotef e.i? ,nce to be the persons) whose names) is/afe 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/heif signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER ❑ INDIVIDUAL ❑ CORPORATE OFFICER ❑ PARTNER(S) ® ATTORNEY -IN -FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR OTHER: ❑ LIMITED ❑ GENERAL SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) Lincoln General Insurance Company DESCRIPTION OF ATTACHED DOCUMENT P-revynoihc.L Edna - ('l= tit 3 5 ' Title or Type of Document Number of Pages /(7IQ5 Dof Document Signer(s) other than named above LINCOLN GENERAL INSURANCE COMPANY POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Lincoln General Insurance Company, organized and existing by virtue of the Laws of the Commonwealth of Pennsylvania, does hereby nominate, constitute and appoint: Gloria S. Russell its true and lawful attorney(s)-in-fact to sign, seal and execute for and on its behalf, as surety, bonds, undertakings, and other obligatory instruments of similar nature in an amount not to exceed Three Million Dollars ($3,000,000) and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation, and all the acts of said Attorney, pursuant to the authority hereby given are hereby ratified and confirmed. RESOLVED that this Power of Attorney is granted and is signed, sealed and notarized with facsimile signatures and seals under authority of the following resolutions adopted by the Board of Directors of Lincoln General Insurance Company on the 4e day of September, 2002. RESOLVED that the President, an Executive or Senior Vice President, or any Vice President of the Company, together with the Secretary or any Assistant Secretary are hereby authorized to execute Powers of Attorney appointing the person(s) named as Attorneys) -in -Fact to date, execute, sign, seal and deliver on behalf of the Company, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. RESOLVED FURTHER that the signatures of the officers making the appointment, and the signature of any officer certifying the validity and current status of the appointment, may be facsimile representations of those signatures; and the signature and seal of any notary, and the seal of the Company, may be facsimile representations of those signatures and seals, and such facsimile representations of those signatures and seals, and such facsimile representations shall have the same force and effect as if manually affixed. The facsimile representations referred to herein may be affixed by stamping, printing, typing, or photocopying. IN WITNESS WHEREOF, Lincoln General Insurance Company has caused its corpora - - : to be + a ed these presents to be signed by its duly authorized officers this 4th day` m�2002. /0..- ‘%INS(' p�i4 7... A.. Attest: �Z G�QORArFs �e� � � L�� Nn hojwani, Presid t gZ 1977 o= i�JJ' tNHSYLVP��; aa�1 On this 4th day of September, 2002, before mi onall4came r C. Bhojwani, to me known, who being duly sworn, did depose and say: that he is the President of the Corppjgpgad in and which executed the above instrument: that he knows the seal affixed to the aforesaid instrument is such corporate seal and was affixed thereto by order and authority of the Board of Directors of said Company; and that he executed the said instrument by like order and authority and the same was his free act and deed. The Commonwealth of Pennsylvania York County Notarial Seal The Commonwealth of Pennsylvania Catherine Mane Loose, Notary York County Spnngettsbury Twp., York C My Commission Expires June 1 • Notary Publi I, Gary Omdorff, Secretary of Lincoln General Insurance Company, a corporation of the Commonwealth of Pennsylvania do hereby certify that the above and foregoing is a full, true and correct copy of Power of Attorney issued by said Company, and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked, and furthermore that the Resolution of the Board of Directors, set forth in the said Power of Attorney is now in force. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Company, at York, Pennsylvania, this 12th day of May , 2005 `\`pAdltutiSU rd apt;, •, 0RAFEs�'� J. a d. Secretary :0= Bond No. 661113458 TERRORISM RIDER NOTICE — FEDERAL TERRORISM INSURANCE COVERAGE AND DISCLOSURE OF PREMIUM Any loss applicable to a peril covered under this bond that is caused by a certified act of terrorism pursuant to the terms of the Terrorism Risk Insurance Act of 2002 ("the Act"), will be partially reimbursed by the United States under a formula established by federal law. Under this formula, the United States pays 90% of covered terrorism losses exceeding a statutorily established deductible to the insurance company providing this bond. The portion of your annual premium attributable to certified acts of terrorism under this bond is $0.00. COVERAGE LIMITATIONS Payment for a loss will not exceed the limit of liability under this bond. This bond will not pay for any portion of certified terrorism loss beyond any applicable annual liability cap set forth in the Act. The terms of this rider do not provide coverage for any loss that would otherwise be excluded by the terms of this bond. SU 0009 12 02 Subdivisions (Surety) Bond No. 661113458 Premium Included in Performance Bond PAYNSM V'T 1sQ1 w (LANDSCAPING -IRRIGATION ) NAME OF DEVELOPER: Diaz Development, LLC and Baldock Holding, Inc. DATE OF AGRE . MENT: TITLE OF AGREEMENT: /11/9( /.2. f_ , dc3,1 PA�merv/ /®ici NAME OF DEVELOPMENT : T Avenue NAME OF SURETY: Lincoln General Insurance Company DRESS: 701 B Street, Ste. 2100 San Diego, CA 92101 AMOUNT OF BON BOND NUMBER: PREMIUM: $8,000.00 661113458 WHEREAS, EFFECTIVE DATE: Included in Performance Bond 5/12/2005 City of National City, State of Californ hereinafter re errec to as CITY, and the DEVELOP _R named on Page 1 hereof, hereinafter referred to as DEVELOPER, have entered into an agreement whereby DEVELOPER agrees to install and complete certain designated landscaping/irrigaticn improvements, which said agreement, dated as shown on Page 1 hereof, for landscaping/irrigation improvements appurtenant tc the development named on Page 1 hereof, is hereby referred to and made a part hereof; and WHEREAS, under the terms of the agreement, DEVELOPER is required before entering upon the performance of the work to file a good and sufficient payment bond with the CITY of National City 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; -1- NOW, THERE1TORE, we the DEVELOPER and the undersigned as corporate Surety, are held and firmly bound unto the City and all contractors, subcontractors, laborers, material men, and other persons employed in the perform ce of the agreement and referred to in Title 15 of the Civil Code in the sum of $8,000.00 , for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work labor, that Surety will pay the same in amount not exceeding the amount set forth. If suit is brought on this bond,Surety will pay, in addition to the face amount thereof, costs and reasonable expenses fees, including reasonable attorney's fees, incurred by the City in successfully enforcing the obligation, to be awarded and fixed by the Court, to be taxed as costs, and to be included in the judgment rendered. It is hereby expressly stipulate.d 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. If the condition of this bond is fully performed, then this obligation shall become null and void; otherwise, it shall be remain in full force and effect. -2- The Surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the agreement shall in any manner affect its obligations on this bona. The Surety hereby waives notice of any such change, extension, alteration, or addition. IN WITNESS WHEREOF, this instrument has been duly executed by DEVELOPS and the Surety above named on May 12th Diaz Development, LLC and Baldock Holding, Inc. EVELOPER DEVELOPER APPROVED AS TO GEORGE H. EIS CITY ATTORNEY 2005 Lincoln General Insurance Company Gloria S. Russell Attorney -in -Fact (NOTARIAL ACKNOWLEDGEMENT OF EXECUTION BY DEVELOPER AND SURETY MUST SE ATTACHED). Folder 5-Payment Bond/Surety -3- CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of San Diego On 5/ l3 / 0 3 before me, Allison J. Fernandez personally appeared Gloria S. Russell personally known to me -OR- ❑ p ` '. FERNIDEZ NOTARY�CAUFORI/A p4mai MARCH 31, ion - 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 signatures) on the instrument the persons), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER ❑ INDIVIDUAL ❑ CORPORATE OFFICER ❑ PARTNER(S) ❑ ATTORNEY -IN -FACT ❑ TRUS I'Eh(S) ❑ GUARDIAN/CONSERVATOR OTHER: ▪ LIMITED ❑ GENERAL SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) Lincoln General Insurance Company DESCRIPTION DOCUMENT tl r of Document LtC' (" 34 5g 3 Number of Pages ji!o3 Datof Document Signer(s) other than named above LINCOLN GENERAL INSURANCE COMPANY POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Lincoln General Insurance Company, organized and existing by virtue of the Laws of the Commonwealth of Pennsylvania, does hereby nominate, constitute and appoint: Gloria S. Russell its true and lawful attorney(s)-in-fact to sign, seal and execute for and on its behalf, as surety, bonds, undertakings, and other obligatory instruments of similar nature in an amount not to exceed Three Million Dollars ($3,000,000) and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation, and all the acts of said Attorney, pursuant to the authority hereby given are hereby ratified and confirmed. RESOLVED that this Power of Attorney is granted and is signed, sealed and notarized with facsimile signatures and seals under authority of the following resolutions adopted by the Board of Directors of Lincoln General Insurance Company on the 4th day of September, 2002. RESOLVED that the President, an Executive or Senior Vice President, or any Vice President of the Company, together with the Secretary or any Assistant Secretary are hereby authorized to execute Powers of Attorney appointing the person(s) named as Attorney(s)-in-Fact to date, execute, sign, seal and deliver on behalf of the Company, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. RESOLVED FURTHER that the signatures of the officers making the appointment, and the signature of any officer certifying the validity and current status of the appointment, may be facsimile representations of those signatures; and the signature and seal of any notary, and the seal of the Company, may be facsimile representations of those signatures and seals, and such facsimile representations of those signatures and seals, and such facsimile representations shall have the same force and effect as if manually affixed. The facsimile representations referred to herein may be affixed by stamping, printing, typing, or photocopying. IN WITNESS WHEREOF, Lincoln General Insurance Company has caused its corpo to be : i ixed these presents to be signed by its duly authorized officers this 4th dayniy 2002. IIIIIII.AIW-'- ..,11.111r Attest: r���!!.•' 0 TE /��' t ifl1'{7.i. tin Can 4er.. G�`(` s •••�t �_•—�� Q 4 _ " hojwani, Presides t �• '• 1977 p0 04 NHSYLNN :;aa -47 On this 4th day of September, 2002, before and onallyCcamel C. Bhojwani, to me known, who being duly sworn, did depose and say: that he is the President of the Corp/A*1%410 34d in and which executed the above instrument: that he knows the seal affixed to the aforesaid instrument is such corporate seal and was affixed thereto by order and authority of the Board of Directors of said Company; and that he executed the said instrument by like order and authority and the same was his free act and deed. The Commonwealth of Pennsylvania York County The Commonwealth of Pennsylvania Notarial Seal Catherine Mane Loose, Notary York County Springesbury Twp., York My Commission Expires June 1 Notary Publ I, Gary Omdorff, Secretary of Lincoln General Insurance Company, a corporation of the Commonwealth of Pennsylvania do hereby certify that the above and foregoing is a full, true and correct copy of Power of Attorney issued by said Company, and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked, and furthermore that the Resolution of the Board of Directors, set forth in the said Power of Attorney is now in force. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Company, at York, Pennsylvania, this 12th day of May 2005 ��‘ .1,,t it r:31.rift, , �1.�� : q ORA:re J 6IS. J. a 'd.. , Secretary .. • — r e 0 • "IVSYt`10- .:b Bond No. 661113458 TERRORISM RIDER NOTICE — FEDERAL TERRORISM INSURANCE COVERAGE AND DISCLOSURE OF PREMIUM Any loss applicable to a peril covered under this bond that is caused by a certified act of terrorism pursuant to the terms of the Terrorism Risk Insurance Act of 2002 ("the Act"), will be partially reimbursed by the United States under a formula established by federal law. Under this formula, the United States pays 90% of covered terrorism losses exceeding a statutorily established deductible to the insurance company providing this bond. The portion of your annual premium attributable to certified acts of terrorism under this bond is $0.00. COVERAGE LIMITATIONS Payment for a loss will not exceed the limit of liability under this bond. This bond will not pay for any portion of certified terrorism loss beyond any applicable annual liability cap set forth in the Act. The terms of this rider do not provide coverage for any loss that would otherwise be excluded by the terms of this bond. SU 0009 12 02