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HomeMy WebLinkAboutT-6073 - Cashier Memo - 2/7/2018 City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: February 7, 2018 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO. 6073 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING 1. Performance Bond in the amount of$2,599,000.00 2. Payment Bond in the amount of$1,368,000 00 3. 5% Performance Security a. Check in the amount of$137,000.00 (JPMorgan Chase Bank No. 1514516199) 4. The Balance on Exhibit B of the Subdivision Agreement a. Check in the amount of$176,495.70 (Wells Fargo Bank No. 541875) 5. Document preparation fees deposit into 180203 10101 34559 a. Check in the amount of$6,660.00 (Wells Fargo Bank No. 541876) 6. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8684 Thank you, Jonathan artel City of �� •�' MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: February 2, 2018 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 6073 Attached are original bonds required for the subdivision agreement for the Final Map. Please review the following bonds for conformity to City acceptance policies: 1 Performance Bond in the amount of: $2,599,000.00 2. Payment Bond in the amount of: $1,368,000.00 If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel (RISK MANASIEMEHfi"SIGN Ap� AppreVad fcved w/Chan es U r ,� SigZA(Z --j RECEIVED Ig•01Kf FF.R 0 2 2019 CITY OF FRES%', Persoyol OFFICIAL USI- U : ';' Bond No.: 0211814 Revised SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno, State of California, and Western Pacific Housing, Inc . ("principal") will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for the Final Map of Tract No. 6 0 7 3 is hereby referred to and made a part hereof; and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we,the principal and Berkley_ Insurance Com _any , as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of Two Million Five Hundred Ninety Nine Thousand 00/100dollars ($ 2,599,000.00 ) lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators,jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bounded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As 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 City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment 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 anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. In witness whereof, this instrument has been duly executed by the principal and surety above named, on December 20 _ 20 17 . Principal: We ,tern Paci is Housing, T.nc . By: (Prin pal) Surety: Berkley Insurance Company r c/o Willis of Florida, Inc By. 4211 K Boy Scout Blvd.,Ste (Surety) Margaret A. Ginem, Attorney in Fact Tampa, FL 33607 Inquiries:(813)281-2C'• ACKNOWLEDGEMENT BY SURETY STATE OF FLORIDA COUNTY OF HILLSBOROUGH I SS. On this 20th day of December, 2017 before me, personally came Margaret A. Ginem, who is personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed the within Instrument as Attorney-In-Fact on behalf of Berkley Insurance Company, and acknowledged to me that she executed the within instrument on behalf of said surety company and was duly authorized to do. In witness whereof, I have signed and affixed my official seal on the date in this certificate first above written. Signature Anett Cardinale En,� :�— TT CARDINALE misdon#FF X98482 res July 28,2018 iYr,: an Inww�;a crA 395.7019 This area for Official Notarial Seal Senate Bill 1050, amends Sections 1189 and 1195 of the Civil Code and Section 8202 of the Government Code, relating to notaries public. The below physical format of the new disclosure notice is an example, for purposes of illustration. A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy,or validity of that document. State of California County of_-T OnV Lk ax j before me, wtAsS NC]p[!-� � 1h�. (here insert name and tide of officer),personally appeared C-U. hMkAW , who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s)acted,executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct WITNESS my hand and official seal. Signature^ X11 (Seal) R. *NSLEY PUNC-C�1Nornia Uwe County � Cq Rlon•2112856 Comm.Ex IF�s flan 20,2020 No. BI 7756f POWER OF ATTORNEY BERKLEY INSURANCE COMPANY WILMINGTON, DELAWARE NOTICE: The warning found elsewhere in this Power of Attorney affects the validity thereof. Please review carefully. KNOW ALL MEN BY THESE PRESENTS, that BERKLEY INSURANCE COMPANY (the "Company"), a corporation duly r organized and existing under the laws of the State of Delaware,having its principal office in Greenwich,CT,has made, constituted and appointed, and does by these presents make, constitute and appoint: David H. Carr;Anett Cardinale; Margaret A. Ginem; — Eileen C. Heard; or Brandy L. Baich of Willis of Florida, Inc. of Tampa, FL its true and lawful Attorney-in-Fact, to sign its name as surety only as delineated below and to execute, seal, acknowledge and deliver any and all bonds and undertakings, with the exception of Financial Guaranty Insurance, providing that no single obligation shall exceed Fifty Million and 00/100 U.S. Dollars (U.S.$50,000,000.00), to the same extent as if such bonds had been duly executed and acknowledged by the regularly elected officers of the Company at its principal office in their own proper persons. U This Power of Attorney shall be construed and enforced in accordance with, and governed by, the laws of the State of Delaware, without giving effect to the principles of conflicts of laws thereof. This Power of Attorney is granted pursuant to the following o resolutions which were duly and validly adopted at a meeting of the Board of Directors of the Company held on January 25,2010: — o RESOLVED, that, with respect to the Surety business written by Berkley Surety Group, the Chairman of the Board, Chief c Executive Officer, President or any Vice President of the Company, in conjunction with the Secretary or any Assistant Secretary are hereby authorized to execute powers of attorney authorizing and qualifying the attorney-in-fact named therein o to execute bonds, undertakings, recognizances, or other suretyship obligations on behalf of the Company, and to affix the e corporate seal of the Company to powers of attorney executed pursuant hereto; and said officers may remove any such o attorney-in-fact and revoke any power of attorney previously granted;and further RESOLVED, that such power of attorney limits the acts of those named therein to the bonds, undertakings, recognizances, or other suretyship obligations specifically named therein, and they have no authority to bind the Company except in the . 'L manner and to the extent therein stated; and further RESOLVED, that such power of attorney revokes all previous powers issued on behalf of the attorney-in-fact named; and r further or RESOLVED, that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any power of attorney or certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligation of the Company; and such signature and seal when so used shall have the same force and effect as though manually affixed. The Company may continue to use for the purposes herein stated the facsimile signature of any c person or persons who shall have been such officer or officers of the Company, notwithstanding the fact that they may have ceased to be such at the time when such instruments shall be issued. IN WITNESS WHEREOF, the Company has cau 9d+these presents to be signed and attested by its appropriate officers and its 2 corporate seal hereunto affixed this j1 qday of ��?�f �� ,2015. Attest: Berkley Insurance Company 71: (Seal) y L.. S44,/ Seal B _ y Ira S.Lederman le Hafter r Senior Vice President& Secretary \\\\\ r V' e President WARNING: THIS POWER INVALID IF NOT PRINTED ON BLUE"BERKLEY" SECURITY PAPER. STATE OF CONNECTICUT) s ) ss: COUNTY OF FAIRFIELD ) 3-t Sworn to before me, a Notary Public in the State of Connecticut, this day of �� , 2015, by Ira S. Lederman and r Jeffrey M. Hafter who are sworn to me to be the Senior Vice President and Secreta ,and the Senior Vice P e ident, respectively, of Berkley Insurance Company. MARIA C.RUNDBAKSN NOTARY PUBLIC MY COMMISSION EXPIRES Notary Public, State of Connecticut C7 r APRIL 30,2019 z r CERTIFICATE N 'y I, the undersigned,Assistant Secretary of BERKLEY INSURANCE COMPANY, DO HEREBY CERTIFY that the foregoing is a < j true,correct and complete copy of the original Power of Attorney; that said Power of Attorney has not been revoked or rescinded s and that the authority of the Attorney-in-Fact set forth therein, who executed the bond or undertaking to which this Power of Attorney is attached, is in full force and effect as of this date, r r Given under my hand and seal of the Company,this a� day of ���� (Seal) Andr ma 0211814 Revised Bond No.: SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the City Council of the City of Fresno, State of California, and Western Pacific Housing, Inc. ("principal") have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, identified as Subdivision Agreement for the Final Map of Tract No. 6073 —. is hereby referred to and made a part hereof; and Whereas, under the terms of the agreement, the principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Fresno ("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. Now, therefore, the principal and Berkley Insurance Company as corporate surety, are held firmly bound unto the City and all contractors, subcontractors, laborers, material men, and other persons employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of One Million Three Hundred Sixty Eight Thousand and 00/100 dollars ($ 1,368,,000.00 ], for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor,that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 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. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. 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 same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on December 20, 20 17 West Pacific Housing, Inc. Principal: By; rincbal) Surety. Berkl y In r ce Company - c/o Willis of Florida, Inc. By: 4211 W.Boy Scout Bivd.,Ste. 1000 5uret Margaret A. Ginem, Attorney in Fact Tampa, FL 33607 ( Y) Inquiries: (813)281-2095 Senate Bill 1050. amends Sections 1189 and 1195 of the Civil Code and Section 8202 of the Government Code; relating to notaries public. The below physical format of the new disclosure notice is an example, for purposes of illustration. A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness, accuracy, or validity of that document. State of California County of_ 1 On V'Cbf-LW �lS before me, �Q '`�� t�-- (here insert name and ti4 of officer),personally appeared A who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signatures) on the instrument the person(s), or the entity upon behalf of which the person(s)acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct WITNESS my hand and official seal. Signature (Seal) q.HENSLEY Natary Publla•Calilornla x Tulare cc" n Coffe"lion 0 2172956 M Comm.Ex lrfs lion 20 2020 ACKNOWLEDGEMENT BY SURETY STATE OF FLORIDA COUNTY OF HILLSBOROUGH I SS. On this 20th day of December, 2017 before me, personally came Margaret A. Ginem, who is personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed the within Instrument as Attorney-In-Fact on behalf of Berkley Insurance Company, and acknowledged to me that she executed the within instrument on behalf of said surety company and was duly authorized to do. In witness whereof, I have signed and affixed my official seal on the date in this certificate first above written. Signature - Anett Cardinale ANETT C.ARDINALE Commiscion#FF 138482 = r € F-xpires July 28,2018 '�'•jt„�i''• U iIW d in.,r,.y Fan Insurance 000-385-1019 This area for Official Notarial Seal I No. BI 7756f POWER OF ATTORNEY BERKLEY INSURANCE COMPANY WILMINGTON,DELAWARE NOTICE: The warning found elsewhere in this Power of Attorney affects the validity thereof. Please review carefully. KNOW ALL MEN BY THESE PRESENTS, that BERKLEY INSURANCE COMPANY (the "Company"), a corporation duly r organized and existing under the laws of the State of Delaware,having its principal office in Greenwich,CT,has made, constituted and appointed, and does by these presents make, constitute and appoint: David H. Carr,Anett Cardinale, Margaret A. Ginem; Eileen C Heard, or Brandy L. Baich of Willis of Florida, Inc. of Tampa, FL its true and lawful Attorney-in-Fact, to sign its P = name as surety only as delineated below and to execute, seal, acknowledge and deliver any and all bonds and undertakings, with the exception of Financial Guaranty Insurance, providing that no single obligation shall exceed Fifty Million and 00/100 U.S. Dollars (U.S.$50,000,000.00), to the same extent as if such bonds had been duly executed and acknowledged by the regularly elected officers of the Company at its principal office in their own proper persons. This Power of Attorney shall be construed and enforced in accordance with, and governed by, the laws of the State of Delaware, without giving effect to the principles of conflicts of laws thereof. This Power of Attorney is granted pursuant to the following o resolutions which were duly and validly adopted at a meeting of the Board of Directors of the Company held on January 25,2010: � c — c RESOLVED, that, with respect to the Surety business written by Berkley Surety Group, the Chairman of the Board, Chief c Executive Officer, President or any Vice President of the Company, in conjunction with the Secretary or any Assistant Secretary are hereby authorized to execute powers of attorney authorizing and qualifying the attorney-in-fact named therein to execute bonds, undertakings, recognizances, or other suretyship obligations on behalf of the Company, and to affix the c corporate seal of the Company to powers of attorney executed pursuant hereto; and said officers may remove any such c attorney-in-fact and revoke any power of attorney previously granted;and further s RESOLVED, that such power of attorney limits the acts of those named therein to the bonds, undertakings, recognizances, wor other suretyship obligations specifically named therein, and they have no authority to bind the Company except in the manner and to the extent therein stated; and further > RESOLVED, that such power of attorney revokes all previous powers issued on behalf of the attorney-in-fact named; and F,: further n RESOLVED, that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any '-E power of attorney or certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or C, other suretyship obligation of the Company; and such signature and seal when so used shall have the same force and effect as c though manually affixed. The Company may continue to use for the purposes herein stated the facsimile signature of any person or persons who shall have been such officer or officers of the Company, notwithstanding the fact that they may have s _ ceased to be such at the time when such instruments shall be issued. IN WITNESS WHEREOF, the Company has caused,these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this_, `day of 6���(-�'` ,20]5. r r Attest: Berkley Insurance Company r (Seal). By .L( By Ira S. Lederman e r Halter Senior Vice President& Secretary \\\\ r e President WARNING: THIS POWER INVALID IF NOT PRINTED ON BLUE"BERKLEY" SECURITY PAPER. STATE OF CONNECTICUT) — ) ss: COUNTY OF FAIRFIELD ) ff Sworn to before me, a Notary Public in the State of Connecticut, this day of 2015, by Ira S. Lederman and Jeffrey M. Hafter who are sworn to me to be the Senior Vice President and Secretary, and the Senior Vice�ident ctively, of Berkley Insurance Company. MARIA C.RUNDBAKENNOTARY PUBLICh MYCOMMISSION EXPIRES Notary � o APRIL 30,2019 No a Public State of Connecticut z CERTIFICATE I, the undersigned, Assistant Secretary of BERKLEY INSURANCE COMPANY, DO HEREBY CERTIFY that the foregoing is a 4 true, correct and complete copy of the original Power of Attorney; that said Power of Attorney has not been revoked or rescinded and that the authority of the Attorney-in-Fact set forth therein, who executed the bond or undertaking to which this Power of Attorney is attached, is in full farce and effect as of this date. Given under my hand and seal of the Company,this day of "�— �. (Seal) Andr M. T rma 2/2/2018 Berkley Insurance Company-Company Profile-Best's Credit Rating Center A.M. Best Rating Services Berkley Insurance Company (7) A.M.Best p:003630 NAIC M 32603 FEIN M 470574325 Administrative Office View Additional Address Information nrunefst 1111irmio Rating 475 Steamboat Road Greenwich,CT 06830 BEsI AiySuW or United States Assigned to insurance companies that have,in our opinion, a superior ability to meet their ongoing insurance Web:www.wrberkley.com obligations. Phone:203-542-3800 Fax:203-542-3839 View additional news,reports and products for this company. Based on A.M.Best's analysis,058496-W.R.Berkley Corporation is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure.View a list of operating insurance entities in this structure. Best's Credit Ratings Financial Strength Rating View Definition I Rating: A+(Superior) Financial Size Category: XV($2 Billion or greater) Outlook: Stable Action: Affirmed Effective Date: May 25,2017 Initial Rating Date: June 30,1976 Long-Tenn Issuer Credit Rating View Definition Long-Term: aa- Outlook: Stable Action: Affirmed Effective Date: May 25,2017 Initial Rating Date: June 22,2005 u Denotes Under Review Best's Rating Best's Credit Rating Analyst j Rating Issued by:A.M.Best Rating Services,Inc. Director:Jennifer Marshall,CPCU,ARM Senior Director:Michael J.Lagomarsino,CFA,FRM Disclosure Information Disclosure Information Form View A.M.Best's Rating Disclosure Form Press Release A.M.Best Affirms Credit Ratings of W.R.Berkley Corporation and Most Subsidiaries May 25,2017 Rating History A.M.Best has provided ratings&analysis on this company since 1976. Financial Strength Rating Effective Date Rating 5/25/2017 A+ 2/26/2016 A+ 1/22/2015 A+ 12/13/2013 A+ 5/9/2013 A+ 12/14/2012 A+ Long-Term Issuer Credit Rating Effective Date Rating 5/25/2017 aa- 2/26/2016 aa- 1122/2015 aa- 12/13/2013 aa- 5/9/2013 aa- 12/14/2012 aa- http://ratings.ambest.com/SearchResuIts.aspx?AltSrc=9 1/2 2/2/2018 Berkley Insurance Company-Company Profile-Best's Credit Rating Center i Related Financial and Analytical Data The following links provide access to related data records that A.M.Best utilizes to provide financial and analytical data on a consolidated or branch basis. AMB# Company Name Company Description 066525 Berkley Insurance Company CAB Represents the Property/Casualty financials for the Canada Branch of this legal entity. 093155 Berkley Insurance Co(Singapore Branch) Represents the Property/Casualty financials for the Singapore Branch of this legal entity. 018252 W.R.Berkley Insurance Group(G) Represents the A.M.Best Consolidated financials for the Property/Casualty business of this legal entity. Rating Unit 019781 W.R.Berkley Insurance Group(CS) Represents Property/Casualty business of this legal entity. .... . ..... Best's Credit Reports I— Best's Credit Report -Where applicable,includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary,detailed business overview and key financial data. Report Revision Date:5/26/2017(represents the latest significant change). Historical Reports are available in Best's Credit Report Archive. j View additional news,reports and products for this company. Press Releases Date. Title May 25,2017 A.M.Best Affirms Credit Ratings of W.R.Berkley Corporation and Most Subsidiaries Oct 24,2016 A.M.Best Assigns Credit Ratings to Intrepid Insurance Company Feb 26,2016 A.M.Best Revises Issuer Credit Rating Outlook to Negative for W.R,Berkley Insurance(Europe),Limited Feb 26,2016 A.M.Best Affirms Ratings of W R.Berkley Corporation and Its Subsidiaries;Assigns Rating to Subordinated Debentures Nov 02,2015 A.M Best Assigns Ratings to W.R.Berkley Europe AG Apr 30,2015 A.M.Best Withdraws Ratings of Granada Insurance Company Jan 22,2015 A.M.Best Affirms Ratings of W.R_Berkley Insurance(Europe),Limited Jan 22,2015 A.M.Best Affirms Ratings for W.R.Berkley Corporation and its Subsidiaries Dec 13,2013 A M.Best Affirms Ratings of W.R.Berkley Corporation and Its Subsidiaries Dec 13,2013 A.M.Best Affirms Ratings of W.R.Berkley Insurance(Europe)Limited 1 2 3 Page size: 10 22 items in 3 pages European Union Disclosures A.M.Best-Europe Rating Services Limited(AMBERS),a subsidiary of A M Best Rating Services,Inc.,is an External Credit Assessment Institution(ECAI)in the European Union(EU).Therefore,Credit Ratings issued and endorsed by AMBERS may be used for regulatory purposes in the EU as per Directive 2006/48/EC. Atudragen Disclosures A.M.Best Asia-Pacific Limited(AMBAP),Australian Registered Body Number(ARBN No.150375287),is a limited liability company incorporated and domiciled in Hong Kong AMBAP is a wholesale Australian Financial Services(AFS)Licence holder(AFS No.411055)under the Corporations Act 2001.Credit Ratings emanating from AMBAP are not intended for and must not be distributed to any person in Australia other than a wholesale client as defined in Chapter 7 of the Corporations Act.AMBAP does not authorize its Credit Ratings to be disseminated by a third-party in a manner that could reasonably be regarded as being intended to influence a retail client in making a decision in relation to a particular product or class of financial product.AMBAP Credit Ratings are intended for wholesale clients only,as defined Credit Ratings determined and disseminated by AMBAP are the opinion of AMBAP only and not any specific credit analyst.AMBAP Credit Ratings are statements of opinion and not slalemenls of fact They are not recommendations to buy,hold or sell any securities or any other forth of financial product,including insurance policies and are not a recommendation to be used to make investment/purchasing decisions Important Notice:A.M.Best's Credit Ratings are independent and objective opinions,not statements of fact.A.M.Best is not an Investment Advisor,does not offer investment advice of any kind,nor does the company or its Ratings Analysts offer any form of structuring or financial advice.A.M.Best's credit opinions are not recommendations to buy,sell or hold securities,or to make any other investment decisions.For additional information regarding the use and limitations of Credit Rating opinions,as well as the rating process,information requirements and other rating related terms and definitions,please view Understanding Best's Credit Ratings. About A.M,Best I Site Map I Customer Service I Member Center I Contact Info I Careers I Terms of Use I Privacy Policy I Security I Legal 8 Licensing Regulatory Affairs-Forth NRSRO-Code of Conduct-Rating Methodology-Historical Performance Data Copyright©2016 A.M.Best Company,Inc.and/or its affiliates ALL RIGHTS RESERVED. http://ratings.ambest.com/SearchResults.aspx?AltSrc=9 2/2 2/2/2018 Company Profile 0R�-W .�, COMPANY PROFILE Company Profile Company Search Company Information Company Information BERKLEY INSURANCE COMPANY Old Company 47S STEAMBOAT ROAD Names GREENWICH, CT 06830 Agent for Service 800-866-2308 Reference Information Old Company Names Effective Date NAIC Group List Lines of Business SIGNET REINSURANCE COMPANY 01/01/1996 Workers' SIGNET STAR REINSURANCE COMPANY 07/10/2001 Compensation Complaint and Agent For Service Request for Action/Appeals Vivian Imperial Contact Information 818 WEST SEVENTH STREET SUITE 930 Financial Statements LOS ANGELES CA 90017 PDF's Annual Statements Quarterly Reference Information Statements -- Company Complaint NAIC #: 32603 Company California Company ID #: 13050-2 Performance& Comparison Data Date Authorized in California 06/04/1986 Company Enforcement Action License Status: UNLIMITED-NORMAL Composite Complaints Studies Company Type: Property &Casualty Additional Info State of Domicile: DELAWARE Find A Company Representative In Your Area back to top View Financial Disclaimer NAIC Group List NAIC Group #: 0098 WR Berkley Corp GRP Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT DISABILITY FIRE LIABILITY MARINE https:Hinteractive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfiile&doFunction=getCompanyProfile&eid=6785 1/2 2/2/2018 Cunipany Piurile MISCELLANEOUS PLATE GLASS SPRINKLER SURETY TEAM AND VEHICLE WORKERS' COMPENSATION back to top © 2008 California Department of Insurance https'/Iinteracbve.web.insurance.ca.govlcampanyprofiie/companyprofile?event=companyProfile&doFunction=getCompanyProfile&aid=6785 2/2 202111107 NEW 01/08 8810004306 HOL.,DOCUMENT UP TO HE u3riT TO /IEW TRUE S1'A Tr P!A,4Ry CASHIER'S CHECK HOLD DOCUMENT UP TO THE LIGHT TO VIEW TRUE LLIl1' MARK , CHASE �� 1514516199 ��3 - .� nate 02/05/2018 Void after 7 years 44� Remitter: D R HORTON INC/CORPORATE CHECKING Pay To The CITY OF FRESNO Order Of: Pay: ONE HUNDRED THIRTY SEVEN THOUSAND $`'' 137,000.00 "* DOLLARS AND 00 CENTS Drawer. JPMORGAN CHASE BANK,N.A. Do not write outside this box + - `C_a 7 �R- r.i_ +f C �L�'� �t;c C V �_\G1ly1L,—_ -------_-Cr=:---__--- - ------------------------ ------- Memo: _ _ _ Note:For information only.Cornmem has no effect on bank's I aynlert Ryan A.Crowley,Managing Director JPMorgan Chase Bank,N.A. COLumbus,0 1 II' L5 L45 L6 L99u' (:0 4 40000 3 71: 75866 L3 ? SIIv 0-R•H(IHUIN' File Copy-Du Not Mall f{ine.y'ra i r:sYA r Check Number 0541875 CITY OF FRESNO Date 01/18/18 2600 FRESNO STREET 3RD FLOOR DRH Inc. Controlled Disb Acct. Stub 1 of 1 2136427 PO Numb Invoice Number Subdv Lot# Lot Address Cost Cde Legal Desc Gross Deductions Amount Paid CK RQ 011618 1 32119 Willow Glen 176,495.70 176,495.70 176,495.70 176,495.70 Check Number 0541875 CITY OF FRESNO Date 01/18/18 2600 FRESNO STREET 3RD FLOOR DRH Inc. Controlled Disb Acct. Stub 1 of 1 2136427 01 PO Numb Invoice Number Subdv Lot# Lot Address Cost Cde Legal Desc Gross Deductions Amount Paid CK RQ 011618 1 32119 Willow Glen 176,495.70 176,495.70 176,495.70 176,495.70 r " THIS CHECK IS PRINTED IN RED AND BLUE INK ON THE FACE ON CHEMICAL AND BLEACH REACTIVE PAPER WITH INVISIBLE FLUORESCENT FIBERS AND BASKETWEAVE ON BACK Ir I 1;H111m1N' Check Number 541875 fi,,,R,,u, �jrrrldcr Controlled Disbursement Wells Fargo Bank,N.A. 56-1553 Date Amount DRH Inc.Controlled Dish Acct. Van Wert,Ox 1341 Horton Circle 412 01/18/18 $***176,495.70 Arlington,TX 76011 2136427 Void after 6 mo W Its Frani date of issue Pay ONE HUNDRED SEVENTY SIX THOUSAND FOUR HUNDRED NINETY FIVE AND 70/100 *************** To to the Order Of. CITY OF FRESNO 2600 FRESNO STREET 3RD FLOOR FRESNO CA 93721 �I 100054L87511' 1:041, 20313244 963948187911' U R lllllllll�' " File Copy-Do Not Mail f{�ner.tn's 4lrre�<rrr Check Number 0541876 CITY OF FRESNO Date 01/18/18 2600 FRESNO STREET 3RD FLOOR DRH Inc. Controlled Disb Acct. Stub 1 of 1 2136427 PO Numb Invoice Number Subdv Lot# Lot Address Cost Cde Legal Desc Gross Deductions Amount Paid CK RQ 011618 2 32119 Willow Glen 6,666.00 6,666.00 6,666.00 6,666.00 Check Number 0541876 CITY OF FRESNO Date 01/18/18 2600 FRESNO STREET 3RD FLOOR DRH Inc. Controlled Disb Acct. Stub 1 of 1 2136427 PO Numb Invoice Number Subdv Lot# Lot Address Cost Cde Legal Desc Gross Deductions Amount Paid CK RQ 011618 2 32119 Willow Glen 6,666.00 6,666.00 6,666.00 6,666.00 r THIS CHECK IS PRINTED IN RED AND BLUE INK ON THE FACE ON CHEMICAL AND BLEACH REACTIVE PAPER WITH INVISIBLE FLUORESCENT FIBERS AND BASKETWEAVE ON BACK RR•HUWUN'ase Controlled Disbursement Check Number 541876 rrilgnr Wells Fargo Bank,N.A. 56-1553 Date Amount DRH Inc. Controlled Dish Acct. Van Wert,oFl 1341 Horton Circle 412 01/18/18 $*****6,666.00 Arlington,TX 76011 2136427 Void attcl•6 months from date of issue Pay SIX THOUSAND SIXHUNDRED SIXTYSIXAND 00/100 ************************************** To to the Order Of CITY OF FRESNO 2600 FRESNO STREET 3RD FLOOR i FRESNO CA 93721 lis 0054 L876V 404 L 2038 241: 963948 L87911'