Bond - Wright Constructors - 2009-08-27 FAITHFUL PERFORMANCE BOND
BOND I 0 05 731'3
COSTA MESA SANITARY DISTRICT
FAITHFUL PERFORMANCE BOND
(District Contract)
KNOW ALL MEN BY THESE PRESENTS
THAT WHEREAS COSTA MESA SANITARY DISTRICT a California sanitary
district, by minute order OT the Board of Directors adopted on Aunust 27. 2n09
has a'marded to
noward Wrtcht Constructor,,, LP
NAME OF CONTRACTOR
2121 Alton Parkway Suite 150-P *vane CA 92606
ADDRESS OF CONTRACTOR
hereinafter designated as the 'Principal' a Contract for the work described as follows:
Costa Mesa Sanitation Distract Corpora,, and New Bu_l in9 & ,.e TmPro„^m
JOB NAME AND JOB ADDRESS
WHEREAS the said Principal is required under the terms of said Contract and
District's Operations Code Section 7 05.030 to furnish a bond for the faithful
performance or said Contract, including a one-year guarantee of the work performed
NOW THEREFORE, WE, the undersigned CONTRACTOR, as Principal and
F_delity and Deposit Company of Maryland. P.O. Sox 3019, Bothell. WA 98041-301
(NAME AND ADDRESS OF SURETY)
duly authorized to transact business under the laws of the State of California, as Surety
are held and firmly bound unto the Costa Mesa Sanitary District, in the penal sum
OT Two Million One Hundred Sixty One Thousand Five Hundred Forty Six & Pin/inn Dollars
(S 2,161,546.00 ), said sum being not less than one hundred (100%) percent of
the contract price for the payment or wnicn sum well and truly to be ifldUe, we bldg
ourselves, our heirs executors administrators, and successors jointly and severally
firmly b' these, presents
THE CONDITION OF THIS OBLIGATION IS SUCH that, if the above burden
Principal his or its heirs, executors administrators successors or assigns, shall in all
things stand to and abide by and 'all and truly keep and perform all the undertakings,
terms covenants conditions and agreements in the said contract and any alteration
thereot 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 the Costa Mesa Sanitary
District, its officers and agents as therein stipulated then this obligation shall become
null and 'oid other 'ise it shall be and remain in full Toros and virtue. This obligation
covers a one-year guarantee on work performed after said vork has been completed.
1
a
The one-year period shall commence on the dd e the Notice of Competion has been
recorded
In case suit is brought upon this bond Surety further agrees to pay all court costs
and reasonable attorne"s tees as fixed by the court.
And the said Surety for value received, hereby stipulates and agrees that no
chance. extension of time alteration or addition to the terms of the Contract 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 or time alteration or addition to the terms of the Contract or to the
work or to the specifications
All signatures shall be properly notarized and a properly authenticated power of
attorney must be submitted.
IN WITNE�S W' �E OF we have hereunto set our hands and seals this
day of q �� I ( 20_
PRINCIPAL
CONTRACTOR Howard S. W.ioht Constructors LP
Com _ny Representative James C Constance CFO
In accordance with the Contract described above all bonds shall be issued by an
admitted surety insurer and the District reserves the right to object to any such surety in
accordance with Code or Civil Procedure Section 995 660
By signing below Surety certifies that the bonds are issued by admitted Surety
SURETY ride ty and Deposit Company of Maryland
By.
h% 4f , -
canner Representative
Julie M. Glover Pttorney—in—Fact
APPROVED "TO FORM.
By Is/ eL
/Van R. Burns District Counsel
a r,1ese S-n,ter District