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HomeMy WebLinkAboutReso 1972-6548 Form No. 352 Rev. 11-67 RESOLUTION NO. 6548 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AGREEMENT FOR THE COMPLETION OF IMPROVEMENTS IN EL RANCHO DEL REY UNIT N0. 2 AND AUTHORIZING THE MAYOR TO EXECUTE SAME The City Council of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED that that certain agreement between the CITY OF CHULA VISTA, a municipal corporation, and Sub- divider, EL RANCHO DEL REY CORPORATION dated the 28th day of July 19 72 for the completion of improvements in that certain subdivision known~as EL RANCHO DEL REY UNIT NO. 2 a copy of which is attached hereto and by reference made a part here- of, the same as though fully set forth herein be, and the same is hereby approved. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said agreement for and on behalf of the City of Chula Vista. Presented by Approved as to form by Lane F. Co e, Directo o Pu is George in erg, icy A~ own Works ADOPTED AND APPROVED by the -CLTY COUNCIL of VISTA, CALIFORNIA,. this 8th day of August following vote, to-wit: AYES : Councilmen Hob el, Hamilton, Egdahl, Scott NAYES : Councilmen None the CITY OF CHULA _, 19 ~ 2 by the ABSENT: Councilmen Hyde r 1. '~ ~~ Mayor of the City of Chula Vista ATTEST ,~ ,,. ~> ,' j ~ ~- City Clerk /~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I~ ~ City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above is a full, true and correct copy of Resolution No. and that the same has not been amended or repealed. DATED City Clerk ' ~ r ,7 '~,, .~ :_~. :~UI,1~a.V1:~1.Oid IT1!'I'i)VI,Pii~;P1'L' ~~t_;I<I,~:FI(;fJP ~~`' TIlI5 AGRLliMIsNT, made and c~nter_~,d i_n~c~ tllis_!~ ~/~~ day of 1~~~ by and hctween '1'111:; CITY O1' CllUL~~ VIS'T'A, a munic 1 corporation, hereinafter called "Ci.t~y", and EL RANCHO DEL REY, CORPORATION, 9777 WILSHIRE BLVD., BEVERLY HILLS, CA. 90212 her~;inafter called "Subdivider"; W I T N E S S E T H ~J~iEREAS, Subdivider is about to present to the City Council of the City of Chula Vista for approval and recordation, a final sub- division map of a proposed subdivision, to be known as EL RANCHO DEL REY UNIT NO. 2 pursuant to the provisions of the Subdivision Map Act of the State of California, and in compliance with the provisions of Chapter 28 of the Chula Vista City Code relating to the filing, approval and recordation of subdivision maps, and WHEREAS, the Code provides that before said map is finally approved by the Council of the City of Chula Vista, Subdivider must have either installed and completed all of the public improvements and/or land development work required by the Code to be installed in subdivisions before final reaps of subdivisions are approved by the Council for purpose of recording in the Office of the County Recorder of San Diego County, or, as an alternative thereof, Subdivider shall enter into an agreement with City, secured by an approved improvement security to insure the performance of said work pursuant to the require- ments of Chapter 28 of the Chula Vista City Code, agreeing to install and complete, free of liens, at Subdivider's own expense, all of the public improvements and/or land development work required in said sub- division within a definite period of time prescribed by said Council, and WIiEREAS, Subdivider is willing, in consideration of the approval and recordation of said map by the Council, to enter into this agreement wherein it is provided that Subdivider will install and com- plete, at Subdivider's own expense, all the public improvement work required by City in connection with the proposed subdivision and will deliver to City improvement securities as approved by the City Attorney, and WHEREAS, a tentative map of said subdivision has heretofore been approved, subject to certain requirements and conditions, as con- tained in Resolution No. 6243, approved on the 26th day of October 1971, and WHEREAS, complete plans and specifications for the construction, installation and completion of said public improvement work have been prepared, submitted to and approved by the Director of Public Works, as shown on Drawings No. 72-91D through 72-98D on file in the Office of the Director of Public Works, and ~~IFIEREAS, an estimate of the cost of constructing said public improvements according to said plans and specifications has been sub- mitted and approved by the City, in the amount of ONE HUNDRED SEVENTY- TWO THOUSAND, EIGHT HUNDRED FIFTY-TWO DOLLARS, ($172,852) WHEREAS, the estimated cost as approved by t11e City for the installation of all monuments is attached hereto, marked "Exhibit A" and made a part hereof. NOW, THEREFORE, IT IS MUTUALLY UNDERSTOOD AND AGREED AS FOLLOWS 1. Subdivider agrees to comply with alt of the requirements of. the tentative map resolution; to do and perform or cause to be done and performed, at its own expense, without cost to Cit~Y~, in a good and worl~.manlike manner, under the direction and to the satisfaction and _'. y,~4Sy~' a ~ ~! ~~ ,~ sx.: ap"proval of the Director of Public Works, all of the public improvement and/or land development work required to be done in and adjoining said subdivision; and will furnish the necessary materials therefor, all in strict conformity and ir. accordance with the plans and specifications, which documents have heretofore been filed in the Office of the Director of Public Works and by this reference are incorporated herein and made a part hereof. 2. It is expressly understood and agreed that all monuments have been or will be installed within thirty (30) days after the com- pletion and acceptance of the required improvements, and that Subdivider has installed or will install temporary street name signs if permanent street name signs have not been installed. 3. It is expressly understood and agreed that Subdivider will cause all necessary materials to be furnished and all improvements re- quired under the provisions of this contract to be done on or before the first anniversary date of the recordation of the map of said sub- division. 4. It is expressly understood and agreed that Subdivider will perform said improvement work as set forth hereinabove or that portion of said improvement work serving any buildings or structures ready for occupancy in said subdivision prior to the issuance of any certificate of clearance for utility connections for said buildings or structures in said subdivision, and such certificate shall not be issued until the Director of Public Works has certified in writing the completion of said public improvements or the portion thereof serving said buildings or structures approved by the City; provided, however, that the improvement security shall not be required to cover the provisions of this paragraph. 5. It is expressly understood and agreed to by Subdivider that, in the performance of said work, Subdivider will conform to and abide by all of the provisions of the ordinances of the City of Chula Vista, and the laws of the State of California applicable to said work. 6. Subdivider further agrees to furnish and deliver to the City of Chula Vista, simultaneously with the execution of this agreement, an approved improvement security in the sum of EIGHTY-SIX THOUSAND, FOUR HUNDRED TWENTY-SIX DOLLARS ($86,426.00) which security shall guarantee the faithful performance of this contract by Subdivider and is attached hereto, marked "Exhibit B" and made a part hereof . 7. Subdivider further agrees to furnish and deliver to the City of Chula Vista, simultaneously with the execution of this agreement, an approved improvement security in the sum of EIGHTY-SIX THOUSAND, FOUR HUNDRED TWENTY-SIX DOLLARS ($86,426.00) to secure the payment of material and labor in connection with the instal- lation of said public improvements, which security is attached hereto, marked "Exhibit C" and made a part hereof. 8. Subdivider further agrees to furnish and deliver to the City of Chula Vista, simultaneously with the execution of this agreement, an approved improvement security in the sum of SIX THOUSAND FOUR HUNDRED DOLLARS ($6,400.00) to secure the installation of monuments, which security is attached hereto, marked "Exhibit D" and made a part hereof. 9. It is further agreed that if the public improvements are not completed within the time agreed herein, the sums provided by said improvement securities may be used by City for the completion of the public improvements within said subdivision in accordance with the specifications contained herein. Upon certification of completion by the Director of Public Works and acceptance of said work by City, and after certification by the Director of Finance that all costs hereof are fully paid, the whole amount, or any part thereof not required for payment thereof, may be released to Subdivider or its successors in interest, pursuant to the terms of the improvement security. ~~ ~~ 3 ~;~ ~ `' 10. It is also expressly agreed and understood by the parties hereto that in no case will the City of Chula Vista, or any department, board or officer thereof, be liable for any portion of the costs and expenses of the work aforesaid, nor shall any officer, his sureties or bondsmen, be liable for the payment of any sum or sums for said work or any materials furnished therefor, except to the limits established by the approved improvement security in accordance with the requirements of the State Subdivision Map Act and the provisions of Chapter 28 of the Chula Vista City Code. 11. It is further understood and agreed by subdivider that any engineering costs (including plan checking, inspection, materials furnished and other incidental expenses) incurred by City in connection with the approval of the improvement plans and installation of public improvements hereinabove provided for, and the cost of street signs and street trees as required by City and approved by the Director of Public Works shall be paid by Subdivider, and that Subdivider shall have deposited with City a sum of money sufficient to cover said cost. 12. It is understood and agreed that until such time as all improvements are fully completed and accepted by City, Subdivider will be responsible for the care, maintenance of, and any damage to, the streets, alleys, easements, water and sewer lines within the proposed subdivision. It is further understood and agreed that Subdivider shall guarantee all public improvements for a period of one year from date of final acceptance and correct any and all defects or deficiencies arising during said period as a result of the acts or omissions of Subdivider, its agents or employees in the performance of this agreement, and that upon acceptance of the work by City, Subdivider shall grant to City, by appropriate conveyance, the improvements constructed pursuant to this agreement; provided, however, that said acceptance shall not constitute a waiver of defects by City as set forth hereinabove. 13. It is understood and agreed that City, or any officer or employee thereof, shall not be liable for any injury to person or property occasioned by reason of the acts or omissions of Subdivider, its agents or employees, in the. performance of this agreement. Subdivider further agrees to protect and hold harmless City, its officers 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 Subdivider, its agents or employees, in the performance of this agreement; 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 damages or taking of property resulting from the construction of said subdivision and the public improvements as provided herein, to adjacent property owners as a con- sequence of the diversion of waters in the construction and maintenance of drainage systems and shall not constitute the assumption by City of any responsibility for such damage or taking, nor shall City, by said approval, be an insurer or surety for the construction of the subdivision pursuant to said approved improvement plans. 14. It is further understood that the fees imposed on the subdivision for temporary sewer connections to the sewer in Otay Lakes Road are to be used for the future construction of a Rice Canyon Trunk Sewer. -3- ~~ ~~~~ ,` ~'~, ;~~ ~ ,- ~^ 15. In the event that suit is brought upon this contract by City to enforce the terms hereof, City shall be entitled to a reasonable sum as attorney's fees. IN WITNESS WHEREOF, the parties here ment to be executed the day and year first hereinabove THE CITY OF CHULA VISTA ~( Mayor o t e ity of C1' -, ATTEST ~ ~., fi Approved as to form by .y_ ~ ~ Dula Vista ...{ SUBDIVIDER: EL ve caused this agree forth. DEL REY L?% JZS ,~' 4 George D.7~indberg, City Attorne~" r' Attach Notary Acknowledgment here. t TO 447 C O (Individual) I w w x w J a a m ~I STATE OF CALIFORNIA ~~ qS SAN DIEGO AUgU~ 197 - before me, the undersigned. a Notary Public in and for said On - __ ' ------ State, personally appeared ---- ---------------- CITY OF CHULA VISTA~_CALIFORNIA---------" known to me whose name- 1S _ subscribed to he the person _- ~~~ ~~~~. within instrument and acknowledged that- he_ ~ executed the same. i WITNESS my haftd, and official seal. Signature - -- PAMELA A. HANNA Name (Typed or Printed) -4- ~,a,.,,.gty, . ~.-, ~ ' ... r \\a / i ~ ~/ mi__~ MY ~ -~vtir-M (This area for official notarial seal) ~i'lvS ~d LIST OF EXHIBITS Exhibit "A" Estimate of Cost of Monuments Exhibit "B" Improvement Security - Faithful Performance: Form: Amount: Exhibit "C" Improvement Security - Material and Labor: Form: Amount: Exhibit "D" Improvement Security - Monuments: Form: Amount: Securities approved as to form and amount by City Attorney Improvement Completion Date: ~~s~~' Bond No. H40317 SUI?VL;Y MONUP•il?NT 7NSTZIL~LATIOIv' BOI:D xraOw Az,a, tvti;I~ I3Y TII~;sL PRa',SE:IITS, That ~/t,7e_ _E1 Rancho del Rey as the subdividez- and Princip~~.l_ , and thc~ Houston General Insurance Company a Corporation of the State of Texas as Surety, are held and firmly bound unto the City of Chula Vista, a municipal corporation, in the County of San Diego, State of California, and to and. for the benefit of any and all pF,rsons who may suffer d~in~age by reason of_ the breach of the conditions hereof , in the penal. sum of Six thousand four hundred dollars ($6,400.00 ) lawful_ money of_ the United States of America, to be paid. to the said City of Chula Vista. WHEREAS, the said Principal is presently engaged in subdividing certain lands to be known as E1 Rancho del Rey Unit 2 subdivision in the City of Chula Vista, in accordance with the Contract for Completion of Improve?~~ents authorized by resolution and WHEREAS, the said Principal desires not to set durable monuments prior to the recordation of the final map of the subdivision and desires to get same at a later date, PdOW, THEREFOP.E, the condition of the above obligation is that i_f the Principal shall have set durable monuments of the survey by Wi 1 sey & Hom ~~name of as per tyre final map of said subdivision, a copy of angineer) which is on~file witiz the City Engineer of the City of Chula Vista, refer- ence to which said map is hereby made and same is incorporated herein as though here set forth in full, and accordir_g to the ordinances of tl~e City of Chula Vista in force and effect at the time of giving of this bond., on or before the expiration of. thirty (30) consecutive days following completion and acceptance of public improvements within said subdivision, then the obligation shall be void, otherwise to remain in full force and effect. IN WITNESS WHEREOF, the said Principal and Su y hs.ve hereunto set their hands, this 27th day of July 19 2 E1 Rancho del Rey ~- FiPPROVED AS TO FOP~I`i: ~~ , - ~X~ `. i ~o City :1t -ncy Houston General Insurance Company (su re t~~) UY Schrader, Att-~7~n`'Y-in-3~ act .,.: i; ~';~_;--3~ ~ ~/ ~~/~ ~M: >~,:_; STATE OF CALIFORNIA, ~ ay ss. ~ ~r COUNTY OF Los Angeles __ L.y,~ ON July 27 before me, the undersigned, a Notary Public in and for said State, personally IONMINIIIIIIIIIIIIIIIIII I II IIIIIIIIIilllllllllllllllllllllllll Illlilnl IInIIIIIIInIII Iunnl I I IIIIIII I l i In n l nnnll I I Inul ainns n I r ~o~ ~ OFFICIAL SEAL s ~°~ yw yCa - S 9 MARY BUQaGE o~ Y,~LLo NOTARY PUBLIC-CALIFORNIA ,~ PRINCIPl1L CFI=ICE IN c 11ipP~ LCS ANGELES COUNTY MY Commission Expires lure 23, 1916 Y I"' I N I n" Albert Gersten known to me to=ps President of the E1 Rancho Del Rey the Corporation that executed the within Instrument, known to me to be the executed the within Instrument, on behalf of the Corporation, therein named, and to me that such Corporation executed the same. tr p~IIIIIIIIWtIl01IIIIpIIIIJIIIII(IIIIIIIIIIIiI,IIIIiItIIIIIIIIII~llllllllllllllnlllli,.III„~.IIIIIIIIII iLIill~ll lllllll IIIIII VIII III. WI~ESS my hand and official seal.. ~ ~ , • Mar Bu e' NAME (TYPED OR PRINTED) Notary Public in and for said State. Acknowledgment -Attorney in Fact M-7 STATE OF CALIFORNIA COUNTY OF Los Angeles SS. On July 27 19 72, before me, the undersigned a Notary Public in and for the said County and State, personally appeared James Schrader known to me to be the person whose name is subscribed to the within instrument, as the Attorney-in-Fact of HouStOn General__Insuranee Company and acknowledged to me thathe subscribed the name of Houston General Insurance Co~a~ _ _ __ ___ _ thereto as principal and h is own name as Attorney-in-Fact. IN-WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. ~,~'/1 , ~ /~f ~_ _ ~,_ if .c l± ___ Notary Public in and for said County and State Notaryy seal Iu6C1ti1rae.s:t 3.sass[ssts:elszsdvac4rseos[sssnsestssasn OTr'": r,L aE:iL ~ ~ ~ ~ ~ ~!t L~ i3LAN~ w .P~ NCI' RY PJ~CIi; -;A.LIFOkN1.4 N `' PRII-Ci' rl ~:FS~I~ f_ IN \\~,% L0~ AN~~LCS COUNTY 4 My ConJml~slon E>:plres May E3, 197 .. _ }~ ,- - Bond No. H40319 BJ1~~ i'~~ 1"T.niri'I~t:~1L'..T~ At~i~ Lf~~CJ~[ KNQG~7 ALL P~!v`~ BY TFIEST; ?F;L~ SI',iITS , Th~~t I/t~,e E1 . Rancho del Bev _.____ , the contractor i.n t}~~ c-ontr~~-pct. ?iereto anne:~oci, as PYinci;.)al, anc7 Houston General Insurance Company ~__ _ , as ;>ure;~y, aYe ~:~E_~1d and firmly bound unto `the CITY OF CiiLi':p, ~rI_ST~,, a municipal cGrz~c,ratian, located in San llieaG CGUnty, CalifG:~r..a; in the sum of Eiaht six thoia~nd four hundred twenty six and no 100-------- (fi __._._____L__._ ~ 86 , 426.00 ? , 1 a~a f ~~ 1 rr:c n e v G f the united States, for which payment, we.11 ~=:nc trtil~= t;> Ise made, t::'e }-rind ourselves, jointly ar.f~ s~~~°erall_y, firmly by t:~ese pY~~s~ nt;~,. Signed, sealed and dated July 27, 1972 The COnC:1t1GI1 O~ the a~OVE' O~?llgc~i=1_nri i. ,5 tnat 1~ ~.=1d P1"inClpal, aS COnt`"aCtOr i t}7 P_ C!~ltrci;:t }1E'_rF? ~'n a::n<?XPC~ . QI" };~.C. C~1" It:; SU}~~;'i_:1t-'"•aCtC'r, fazlS tO pay for any mater~'_al, pr^~,'1S1GT'1=', ::rUV°rider, or teams, :1~F'C~ .in, upon, for Gr about t}":E' ~E'rfO.~f~'.an~^A o~ t}i~? F '.:~r}; COnt.?"c1C~tC: tO :~C' C~nn° }~V Sald COntraCtGr, z'.amely, tO fu_riz' SYl al.l tOOIS ei~1~1 ~I:1f'?1t, aL'p?Ycit US , faC111t1eS, trariSpUrtatlOn, Labor, rl".d P1 d'-.e S'1~%~.. Ot}`?r?Y' t}7ai1 matC:_'._r?.1, 1f any, agreed to be furnished b_y the City, nec~~s~:ary t:~~ >e.rforr~ and complete and to perform and comr~lete in a rood arld wo.x :manlike rzanrer, t}~e work of Public improvements except water as shown on approved plans Number 72-990 through 72-128D for E1 Rancho del Rey Unit 2 in Str1Ct COnfOrlllanCe Tn1t~t tht? tCrIIiS aced CG?1C11_t1OI`;S SE:'- forth lr~ t}2e Con- tract hereto annexed, Gr. for any work Gr labor done t~:c~r~eon of any kind, said Surety will pay ;she sane .in and a.n^unt no+_ exce~:c~i~~cY 1-he s1.1--~ herei.n- above set forth and alsG, in case suit iS brc~l:;'rlt ur~on t}pis bony?, :a reasonable attorney fee to be fixed by tree courts. Thi e; bond shall inure tO t}2e beneflt Ui anv aT:d a~_1 ~f'rSOI~S, COm~3i11E?S, 2.ild ^Ur~:Or.~tl(~71s en tit:l_ed to file claims urlcier and }:, _v ~~irtue. oi_ the ~r.o~-isions of ar. pct of thc, Legslati:Y'C-'. OL ti~!~ ~~i.c tC= Cii (.:al1.fC)rn~_c Gi":tlt+?C~ '~?`ii7 p.Ct '-'.) ~~~C"111'C' the Payment of the C`l~:i_ms c,t I'ersc,_ ~- ~~;::^la~j,'c .-: n~~ Ccr tr<;ct~~~s u~~o~l ~`,~blir Works , and the C7-a.ims cf Persor:s cti'h;:~ ^;lrnisn : ~;ate_ i;~ls , Supn1; es , Tealus , zr',plements Gr Pachlnery i)Sc'~C1 O1" C.',O'ilsiu^~1C~~ ~,7y SUCr'i CO"?tr:iCtUrS , l.n the Performance of Suc'tl 6dor};.s, and. ~'rescribi:~c t:lie '~ati_es of Certain Pub11C nff1CP_r5 i~T1th ~E'S'.~'~c?Ct `I'~"iP_ret ) , " c.L)L)rO'J~:d ray 1(~) , lal9 , a.S c~.PiP_T'id_E?d and the said Surety for. ~~a_Lue rec~~ ~ ~~c },~ -~~~," ~'t~ti?L11 at_e~s and are e~,s that t ~- ~ r0 Chan~E , i X E=;ZS1OiZ O~ I:: l~,lt~ , a l tE~Y "tiO"? _'?" ~1G.;:1_ C1(~:~ t!~ t}1~'-. tE?:"I'iS C)~ `ice. COT1t1aCt. Jr tO file 4101-r' 1~U ~C'_ ~ r;Z 1C'Y ~ `~ t}7°~."':'.~("°r, ._ tri:? S l~'C1__'.- i C~i'i.1C`1S aCCU';?)~1n1'1nC~ ti1~' SaMU, Shcxl~ In arid' Gi'_SF' a~ {i.^'-. .lt;~ ~a_1_ ~-3~'.1Cin:I U'~. ~'i1'! s bonc.~ and i t d - ' - r /~~ _rE'1`'V i'1"1T,re ii:~t1CC of a2;V ~I1G}"'i (~i,~x~C;C'S, e}: "tE'T?~1C~n Of t>.I<<e , alterat; cz/ or , adrv_t-ion to t~,e terms of the co:~ t. act or to '-he ~ti~ork or to the spe iiica ices, E1 Rancho del Rey\ ,' Z ~_e_~_~_ Houston General Insurance Company _Y _~ .. Cont:racto~ ~~ ~ ~` j/ ~ ~~ Piv-L.-3~1 James Schrader, Attorney-in-Fact _ -...____.~_ t ~. :~ ,,~.~ ~; ~., ~<~` STATE OF CALIFORNIA, COUNTY OF Los Angeles IIIYfl11W11WIIIIgI11III1nI1110111UIIIINNnllnll1111111~~,Illlrlnluinl~nl~illlnliiinn:iiiriiuin~~i~:~i.~~~i~~ii ~, ~ ~ r~ OFFICIAL SEAL ~ i ~~<~ 'C i e' , y - MARY BllGG~ f ua~ ~ o ~ r NOTARY PU C3LIC-CALIFORNIA ~lr~l" i PRINCIPAL OFFICE IN IIFJAN'~ LOS ANGELES' COUNTY My Commission Expires June 23, 1916 ~ ss. ~ Jul 27 , lg 7~- ON - before me, the undersigned, a Notary Public in and for said State, personally appeared Albert Gersten ,known to me to be the President of the E1 Rancho Del Rey the Corporation that executed the wlthln Instrument, known to me to be the person whe executed the within Instrument, on behalf of the Corporation, therein named, and acknowledged to me that such Corporation executed the same. WITNESS my hand and official seal. Ma y Bugg ' NAME (TYPED OR PRINTED) Notary Public In and for said State. Form 222-Rev. 3.64 Acknowledgment -Attorney in Fact STATE OF CALIFORNIA ~ SS. COUNTY OF Los Angeles On July 27 1972 ,before me, the undersigned , a Notary Public in and for the said County and State, personally appeared James Schrader _ ___ known to me to be the person whose name is subscribed to the within instrument, as the Attorney-in-Fact of HO 5 Ori General ~~~uY^ii%^ ^Oritnany and acknowledged to me thathe subscribed the name of Houston General Insurance. Como~ann~ -. - - thereto as principal and h ~ a own name as Attorney-in-Fact. IN-WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. r / ~~jJ ~~12 x G~ tLA ~~ JE ! !I rL C~ \~ ~ / } M_7 Notary Public in and for said County and State Notary Seal isi•eee•a•aee•ara.a•••sa:eOFFtrtP L °,°ALn~ee•a••~, `~" ~ 1 SA.'+DRA LE C3LANC ll ... ~ NOT?,RY I JB~IC - CALIFORNIA d _ I ~`^`~ ~ [LES COUNTY = ~ I': t;,; , 6 Aqy Commission Expires UIaY 8, 197 •.ununnw.uoum' •n•uuuu••nu•nomuuosu• ~- Co`'~~ Bond No. H4031g BOND FOR FAITHFUL PERFORMANCE KNOW ALL MEN BY THESE PRESENTS,. That I/We E1 Rancho Del Rey Principal , and Houston General Insurance Company as Surety, are held. and firmly bound unto the City of Chula Vista, State of California, in the sum of Eighty six thousand four hundred twenty six & no/100--- ($ 86,426.00 ), lawful money of the United States, for the payment of which sum, well and truly to be made, we bind ourselves, jointly and severally, firmly by these presents. The condition of the foregoing obligation is such that whereas said Principal(s) has-have entered into o.r is-are about to enter into the annexed contract with the City of Chula Vista, pursuant to the authority of an act of the legislature of the State of California, approved P.pril 13, 1943, known as the "Subdivision .Map Act" {Chapter 2, Part 2, Divisior_ 4, Business and Professions Code} and any amendments thereto, for the grading and surfacing of streets and the construction of curbs, sidewalks and gutters and sewers, and other improvements, all as shown on the improvement plans for E1 Rancho del Rey Unit 2 which improvement plans are on file in the office of the City Engineer of the City of Chula Vista, and the payment thErefor by Principal(s) and; whereas the Principal(s) is-are required by said City to give this bond in con- nection with the execution of said contract; NOW, THEREFORE, if said Principal, as Contractor in the contract hereto annexed, shall faithfully perform each and all of the conditions of said contract to be performed by him, and shall furnish all tools, equipment, apparatus, facilities, transportation, labor, and materials, other than material, if any, agreed to be furnished by the City, neces- sary to perform and complete and to perform and complete in a good and workmanlike manner the work of E1 Rancho del Rey Uni t 2 in strict conformity with the terms and conditions set forth in the con- tract hereto annexed, and shall pay or cause to be paid, all persons who perform labor for, or furnish materials to said contractor, or to any sub-contractor, in the execution of said contract, then this obligation shall be null and void - otherwise to remain in full force and effect; and the Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the contract or to the caork to be performed thereunder, or the specifications accompanying the same, shall in any raise affect its obligations on this bone!, and it doe s er y waive notice of any such change, extension of time, alteration or ad ition to the terms of the contract or to the work or to the specif'cati ns. E1 Rancho del Re, _~ Houston General Insurance Company v Contractor APPROVED AS TO FOR2<? C' y Attorney PW-E-34 James Schrader, Attorney-in-Fact Surety Y~ o`~~5~~~ STATE OF CALIFORNIA, ss. COUNTY OF T O~ANC~EL .~ ~ JULY 27th , 19 72 , ON before me, the undersigned, a Notary Public in and for said State, personally appeared ,,..,,,.~~~~.'tic-,,.,.,,,,..,,,,....,,..OFFICIAL SEA.L ............... ~' ~ MARY BUGGY am m ': ~o N07ARY PUBLIC-CALIFORNIA - PRINCIPAL OFFICE. tN I ~"OPn~ LOS ANGELES COUNTY Expires June 23, 1976 t ..................~h'.xCommission............................ _............................,..... - ALBERT GERSTEN ,known to me to be the PRESIDENT of tf€ex E T . ~A1~I dun r~~ T u ~'y the Corporation that executed the within Instrument, known to me to be the person who executed the within Instrument, on behalf of the Corporation, therein named, and acknowledged to me that such Corporation executed the same. ' WITNESS my hand and official seal. MA.R BUGG ' NAME (TYPED bR PRINTED) Notary Public in and for said State. OWLEOGMEN7---Coryontion-Wolcotts Form 222-I~ev. 3.64 Acknowledgment -Attorney in Fact STATE OF CALIFORNIA SS. COUNTY OF Los Angeles On July 27 1972 ,before me, the undersigned a Notary Public in and for the said County and State, personally appeared James Schrader known to me to be the person whose name is subscribed to the within instrument, as the Attorney-in-Fact of Houston General IriSUr~11Ce Company __ and acknowledged to me thathe subscribed the name of Firnoa on ~ neral TnG ~r_anc Comt~any _ thereto as principal and h ~g own name as Attorney-in-Fact. IN-WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. _ IE9tIT:[15E8S!!3{1 :cac~r~_~!F.T~';,L ~.EAL o. r.._ ~, - ., , , e ~ . ~~`~, ;~ F'~'r.:Irr~l UFiCE Ifs NtY Commission Expires fJlay_8a19'6.,,,,i M-7 ~ Notary Public in and for said County and State ~s ~~