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HomeMy WebLinkAboutPM 2010-07 - Cashier Memo - 5/10/2016 City of I M d M I k I MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: May 10, 2016 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR PARCEL MAP NO. 2010-07 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of $218,000.00 2. Payment Bond in the amount of$114,900.00 3. Certificate of Deposit in the amount of $11,000.00 (California Bank &Trust) 4. Check in the amount of$5,572.00 (California Bank & Trust No. 1820) a. Deposit into 180203 10101 34559 for document preparation fees 5. Check in the amount of$62,426.55 (California Bank&Trust No. 1821) a. The balance is identified on Exhibit B of the Subdivision Agreement. 6. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8684. Thank you, Ie-"?- Jonathan Bartel City ofI IN 115 1 MEMORANDUM rn=w:-.. ..`_ PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: April 29, 2016 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR PARCEL MAP NO. 2010-07 Attached are original bonds required for the subdivision agreement for the Parcel Map. Please review the following bonds for conformity to City acceptance policies: 1. Performance Bond in the amount of: $218,000.00 2. Payment Bond in the amount of: $114,900.00 If you have any questions, please contact me at 621-8684. Thank you,;W� Jonathan Bartel gIjX MANA001W0i $ION Approved 'Aproved W/C 983 U ned ail :� ° r •• ..2 - �I Bond No.: 51BSBHK9304 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas the City Council of the City of Fres o, State of Callfornla, an Fresno 46 Limited Partnership, LP, a Calitgornia Limited Partners ip ("principal") will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for Parcel Map No, 2010-07 , is hereby referred to and made a part hereof; and Whereas, principal Is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we, the principal and Hartford Fire Insurance Company as surety, are held and firmly bound unto the Clty of Fresno ("City"), in the penal sum of Two Hundred Eighteen Thousand Dollars&001100 dollars ($ 218,000.00 ) 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 April 27 20 16 . Fresno 40 Limited Partnership,LP,A California Limited Partnership By:DeWayne Zinkin Family Partnership,LP,A California Limited Partnership,Its Sole General Partner Principe : Zinkin Management,LLC,A California Limited Liability Company,Its Sole General Partner By: (Principal) eWa sic Zinkin, its Sole Manager surety: Hartford F' a Insuralice Company By: (Surety) y111 rney-in-Fact ACKNOWLEDGMENT 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 Fresno 7 On April 28, 2016 before me, Mary K. Copeland, notary public (insert name and title of the officer) personally appeared DeWayne Zinkin 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. MARY K. COPELAND :{ �` WITNESS my hand and official seal. Commission # 1979989 Notary Public -California z Z n Fresno County M Comm.Expires Jun 24,2016 Sign ure (Seal) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT Civil Code § 1189 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California ) ss County of Fresno ) On before me, Bonnie Gonzalez, Notary Public, personally appeared Cc14'Lyma'n , who proved to me on the basis of satisfactory evidence to be the persons} whose names} is/af-e subscribed to the within instrument and acknowledged to me that he/`h executed the same in his/4ef4e+f authorized capacityt+es , and that by his/4efA4e4 signatures} on the instrument the personts4, or the entity upon behalf of which the persons}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. V. , BONNIEGONZALEZ NOTARY PUBLIC-CALIFORNIA COMMISSION#2033118FRESNO COUNTY My Comm.Exp.July 12,2017 ? Y-rf.�y-tp^yYIV•}v rT�-'•i'-r'• Signature., ' c7 (Seal) Bonnie onzalez, Notary Public Bond No.: 51BSBHK9304 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas the City Council of the City of Fresno State of California and Fresno 40 Limited Partnership,LY, a California Limited Partnership ("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 Parcel Map No, 2010-07 , 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 Hartford Fire Insurance Company , as corporate surety, are held 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 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of One Hundred Fourteen Thousand Nine Hundred Dollars &00/100iollars ($ 114,900.00 J, 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 April 27 , 24 Fresno 4ttJ Limitedartners ip, allforma Lim.i[ed Partnership By:DeWayne Zinkin Family Partnership,LP,A California Limited Partnership,Its Sole General Partner Princip BY. Zinkin Management,LLC.A California Limited Liability Company,Its Sole General Partner By: Waae,4� 21-/�,E. - (Principal) D ayn inlcin, its Sole Manager Surety: Hartford Fire-JAKrance om an By: (surety) Cad yrnan, o e •in-Fact ACKNOWLEDGMENT 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 Fresno On April 28, 2016 before me, Mary K. Copeland, notary public (insert name and title of the officer) personally appeared DeWayne Zinkin 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. MARY K. COPELAND WITNESS my hand and official seal. Commission # 1979989 a =a Notary Public - California T Z z Fresno County r My Comm.Expires Jun 24,2016 Sign Lure - (Seal) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT Civil Code § 1189 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. J State of California ) ss County of Fresno ) On t4bZor before me, Bonnie Gonzalez, Notary Public, personally appeared Codd Lyman , who proved to me on the basis of satisfactory evidence to be the person(S4 whose name{} is/a�e subscribed to the within instrument and acknowledged to me that he/she/theyexecuted the same in his/he4theiF authorized capacity4e4, and that by his/ ei-F signature464 on the instrument the person(-5}, or the entity upon behalf of which the persons}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. .a... BONNIE GONZALEZ l°` NOTARY PUBLIC-CALIFORNIA COMMISSION#2033118 f�r,� FRESNO COUNTY « My Comm.Exp.July 12,2017 1 Signature..___ -�- 62UL(� 9��V-v (Seal) Bonnie nzalez, Notary Public Direct Inqulrles/Clalms to: P O VVER OF ATTORNEY THE HARTFORD Bond T-4 One Hartford Plaza Hartford,Connecticut 06155 call:888-266-3488 or fax:860-757-5835) KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Code: 51-135669 © Hartford Fire insurance Company,a corporation duly organized under the laws of the State of Connecticut 0 Hartford Casualty Insurance Company,a corporation duly organized under the laws of the State of Indiana Hartford Accident and Indemnity Company,a corporation duly organized under the laws of the State of Connecticut Hartford Underwriters Insurance Company,a corporation duly organized under the laws of the Slate of Connecticut Twin City Fire Insurance Company,a corporation duly organized under the laws of the State of Indiana Hartford insurance Company of Illinois,a corporation duly organized under the laws of the State of Illinois QHartford insurance Company of the Midwest,a corporation duly organized under the laws of the State of Indiana Hartford insurance Company of the Southeast, a corporation duly organized under the laws or the State of Florida having their home office in Hartford,Connecticut(hereinafter collectively referred to as the'Companies')do hereby make,constitute and appoint, up to the amount of $500,000 Steven P. Edwards, Lyn Genito, Bonnie Gonzalez, Cody Lyman of FRESNO, California their true and lawful Attomey(s)_in-Fact,each in their separate capacity if more than one Is named above,to sign its name as surety(ies)only as delineated above by®,and to execute,seal and acknowledge any and all bonds,undertakings,contracts and other written instruments in the nature thereof,on behalf of the Companies in their business of guaranteeing the fidelity of pentons,guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted In any actions or proceedings allowed by law. In Witness Whereof,and as authorized by a Resolution of the Board of Directors of the Companies on August 1,2009,the Companies have caused these presents to be signed by its Vice President and its corporate seals to be hereto affixed,duly attested by Its Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies,the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. a;w„w`• �vvr s ti ra; r�ez • s �'"� gg ���� :��,�irw'N1*; aa•M� �1�p70� �t0T0.� 4 ]979 • John Gray,Assistant Secretary M Ross Fisher, Vice President STATE OF CONNECTICUT ss. Hartford COUNTY OF HARTFORD ) On this 12th day of July,2012,before me personally came M.Ross Fisher,to me known,who being by me duly swom,did depose and say:that he resides in the County of Hartford,State of Connecticut;that he is the Vice President of the Companies,the corporations described in and which executed the above instrument;that he knows the seals of the said corporations;that the seals affixed to the said instrument are such corporate seals;that they were so affixed by authority of the Boards of Directors of said corporations and that he signed his name thereto by like authority. i . •tarrF 1Cav"T�1�a�..u� Kathleen T.Maynard Notary Public My Commission Expires July 31,2016 I,the undersigned,Vice President of the Companies,DO HEREBY CERTIVY that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies,which is still in full force effective as of Signed and sealed at the City of Hartford. 1 ti;�to70 000@ (D �y\,NAS ��M v 4�K-- Kevin Heckman,Assistant Vice President POA 2012 5/5/2016 Hartford Fire Insurance Company-Company Profile-Best's Credit Rating Center A.M,Best Company 1AA101,rest Ratin0 A.fil,fest Irtfermatic-j"ue'r a-ices Aboire t Ca mars)Events SUpllort J Contar,S Rating Services Home Rating Search: Search »Advanced Search Print this page Ratings »Recent Rating Activity Hartford Fire Insurance Company (2) »Search for a Rating AM,Best#:002231 NAIC#:19682 FEIN M 060383750 Regional Centers Domiciliary Address One Hartford Plaza Assigned Fnancialt3trergth semis Rating Process&Definitions � to rst=sT »Understanding s Best' Ratings Hartford,CT 06155-0001 A+Sa or g United States insurance l� Guide to Best's Ratings companies »Financial Strength Rating Guide Web:www.thehartford.com that have,in our opinion,a »Issuer Credit Rating Guide Phone:860-547-5000 superior ability to meet their »Issue Rating Guide ongoing insurance obligations. »National Scale Rating Gukle »Country Risk Information »Market Segment Outlook Based on A.M.Best's analysis,058707-Hartford Financial Services Group Inc is the AMB Ultimate Parent and identifies the Rating Methodology topmost entity of the corporate structure.View a list of operating insurance entities in this structure. Industry Research f t;J:'F:.l kn,r�. n ustry&Market Centers Financial Strength.Rating View Definition Best's Credit Rating Analyst - - Contact an Analyst Rating: A+(Superior) Rating Issued by:A.M.Best Rating Services,Inc. Conferences&Events Affiliation Code: p(Pooled) Senior Financial Analyst:Michael W.Russo Awards&Recognitions Financial Size Category: XV($2 Billion or greater) Assistant Vice President:Jennifer Marshall,CPCU,ARM Data Submission Center Outlook: Stable Regulatory Information = Action: Upgraded Effective Date: May 01,2015 Initial Rating Date: December 31,1907 View A.M.Best's Rating Disclosure Statement Find a Best's Credit Rating - Enter a Company Name Long-Term Issuer Credit Rating View Definition A.M.Best Upgrades Ratings of The Hartford Financial Long-Term: aa- ;�� Services Group.Inc.and Its Property/Casualty r liiiiJ� ( Outlook: Stable ` Subsidiaries »Advanced Search i May 01,2015 Action: Upgraded i Effective Date: May 01,2015 A.M.BBS/RBtirig Services : Initial Rating Date: July 14,2005 Comact Intotmatiol",a u Denotes Under Review Be rs Retina aFItio ,f T A.M.Best has provided ratings&analysis on this company since 1907„ .............. . Lan Term Iss "' Financial Strength uer Credit i Effective Date Rating; Effect[ve Date Rating 5/1/2015 A+ 5!112015 aa- 4/3/2014 A 41312014 a+ 3/1/2013 AZ 3/112013 a+ 3/21/2012 A u 3121/2012 a+u f,4/12/2011 A 4/12/2011 a+ iPu:Wyd Fftmfi it l aILEI Aeti:fyIIca]hitt;. - The raltowirrq!lois provide access to related dale records that A.M.Best utilizes to provide frnartcW and aitalytical data on a conWiidated ar txanch basis. AMB# Company Name Cam pany Description D871749 Hartford Fire Insurance Company CAB Represents the Property/Casualty financials for the Canada Branch of this legal entity. i AMB Credit Report -includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary,detailed business overview and key financial data, Report Revision Date:4/1/2016(represents the latest significant change). .j— Historical Reports are available in AMB Credit Report Archive 's View additional news,reports and products for this company. YeI,Is Rio Ieaner i Date Title http://www3.am best.com/rati ngs/entities/SearchResults.aspx?AltSrc=9 1/2 5/5/2016 Hartford Fire Insurance Company-Company Profile-Best's Credit Rating Center Mar 18,2016 AN,Best Pla ces.Rali W Q1 Memb Positive Implications May 01,2015 A,M,BqJ UggradeLflptings of The Hartford Rnaricial Servicesr Ilic.and Its Prnoert_v(malty Subsidiaries Apr 03,2014 6.M.SeSt Revi 505 OU tIQQk to P iti e for T n i Sgiodges G o yip.Inc.a ad It Property/Casualty Subsidiaries Mar 01,2013 A-M Bev A ff irms Rating f Ha r tford Fi noincial Se rvicqGrft 12 and ' i i n r d Ratings of Hartford Life Mar 21,2012 t Places Ratilrms of T .H,)rtlord FinancialIts Subsidiaries,Under Apr 12,2011 "—Best Revpsg5 OutlipokStable for Tile Hartford Financial Setvires Groyp. n LifelHealth Subsidiaries Mar 24,2010 rd F nancial Sa(vices Grosja Inc.and Its Subsidiaries Feb 27,2009 A.M.Sgst❑ iociA of The Hartford Financial SeWres Groman -And fts SuWdiarier� Dec 23,2008 A.M.Best Removes From Under Review and Affirms Ratings of The Hartford's❑Defalin( Comoant 1 2 Page size: 10 19 items in 2 pages European Union Disclosures A.M.Best-Europe Rating Services Limited(AMBERS),a subsidiary of&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. Australian 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 AcL 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 statements of fact.They are not recommendations to buy,hold or sell any securities or any other form of financial product,including insurance policies and are not a recommendation to be used to make investment/purchasing decisions. Important Notice:AM.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 Security I Legal&Licensing Regulatory Affairs-Form NRSRO-Code of Conduct-Rating Methodology-Historical Performance Data Copyright©2016 A.M.Best Company,Inc.and/or its affiliates ALL RIGHTS RESERVED, http://www3.am best.com/rati ngs/entities/SearchResults.aspx?AltSrc=9 2/2 5/5/2016 Company Profile CALIFORNIA DEPARTMENT OF COMPANY PROFILE Company Profile Company Search Company Information Company Information HARTFORD FIRE INSURANCE COMPANY Old Company Names ONE HARTFORD PLAZA HARTFORD, CT 06115 Agent for Service Reference Old Company Names Effective Date Information NAIC Group List Lines of Business Agent For Service Workers' Vivian Imperial Compensation 818 WEST SEVENTH STREET Complaint and SUITE 930 Request for LOS ANGELES CA 90017 Action/Appeals Contact Information Financial Statements Reference Information PDF's Annual Statements NAIC #: 19682 Quarterly California Company Ip #: 0085-1 Statements Company Complaint Date Authorized in California: 01/07/1870 Company Performance & License Status: UNLIMITED-NORMAL Comparison Data - Company Cornpany Type: Property&Casualty Enforcement Action State of Domicile: CONNECTICUT Composite Complaints Studies Additional Info back to top Find A Company Representative In NAIC Group List Your Area View Financial Disclaimer NAIC Group #: 0091 HARTFORD FIRE &CAS 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 LEGALINSURANCE LIABILITY MARINE MISCELLANEOUS https:/finteracbve.web.i nsurance.ca.gov/com panyprofile/com panyprofi le?event=com panyProfi le&doFuncti on=getCom panyProfi I e&ei d=2664 1/2 5/5/2016 Company Profile PLATE GLASS SPRINKLER SURETY TEAM AND VEHICLE WORKERS' COMPENSATION back to top © 2008 California Department of Insurance https://i nteractive.web.i nsurance.ca.gov/com panyprofil etcom panyprofi I e?event=com panyProfi le&doFuncti on=getCom panyProfi le&eid=2664 2/2 W AUTOMATICALLY RENEWABLE Q C B CALIFORNIA BANK _U Tnusr TRUST T• Y ISSUED AT OFFICE DATE LU (CITY OR TOWN) IS1ATE= W WAV V/I/ Z/.✓k ice/ �`�J'�J 44�r3 8 J o IDUSTOMER NAMCy rClfsrnMETI NIydAB£FlI 7? ]�•!5 4 A/, 0"* D o Lt_A R s $ -- � � � w Cl T T+ y, j HAS TODAY BEEN DEPOSITED WITH CALIFORNIA BANK & TRUST PAYABLE TO J OT ,y OR ORDER UPON MATURITY Qu7 AS HEREINAFTER SPECIFIED AND UPON PRESENTATION AND SURRENDE FTHIS CERTIFICATE.PROPERLY ENDORSED.ATTHE ABOVE OFFICE aA THE MATURITY OF THIS CERTIFICATE WILL BE S��9 '-�� AFTER DATE.AND SUCH MATURITY WILL BE AUTOMATICALLY EXTENDED FOR SUCCESSIVE LIKE PERIODS . z UNLESS (A)AT LEAST TEN DAYS PRIOR TO SUCH ORIGINAL OR ANY EXTENDED MATURITY-THIS BANK HAS SENT WRITTEN NOTICE TO THE PAYEE OR OTHER HOLDER THEN DESIGNATED ON ITS I' RECORDS OF BANK'S ELECTION TO PAY THE DEPOSIT AT SUCH ORIGINAL OR ANY EXTENDED MATURITY, OR(B)UPON OR WITHIN TEN DAYS AFTER SUCH ORIGINAL OR ANY EXTENDED MATURITY DATE.THIS CERTIFICATE IS PRESENTED AND SURRENDERED FRR PAYMENT SAID DEPOSIT BEARS SIMPLE INTEREST AT THE RATE 0. - ✓G T.PER ANNUM FROM DATE HEREOF UNTIL ULTIMATE MATURITY,AS ABOVE PROVIDED. AND SUCH INTEREST WILL BE PAID OR CREDITED AT EACH SUCCESSIVE MATURITY DATE IN ACCORDANCE WITH THE WRITTEN l� INSTRUCTIONS OF THE PAYEE OR OTHER HOLDER THEN DESIGNATED ON THE RECORDS OF THIS BANK THE RATE OF INTEREST IS SUBJECT TO CHANGE BY BANK WITHOUT NOTICE.TO THE EXTENT NECESSARYTO COMPLY WITH ANY LAW OR GOVERNMENTAL REGULATION AFFECTING THE DEPOSIT AUTHORIZED SIGNATURE OPS-1(05/09) �s-3TF')t�E3T11Ulm CALIFORNIA BANK&TRUST 11-204/1210 30-F40 PROF/RETAIL 7060 N FRESNO STREET 5 RIVER PARK PLACE WEST STE 203 FRESNO,CA 93720 FRESNO,CA 93720 Check Date Check Number Amount 05/09/2016 1820 ***$5,572.00*** f PAY Exactly Five Thousand Five Hundred Seventy Two Dollars And No Cents VOID AFTER 180 DAYS TO THE CITY OF FRESNO ORDER 2600 Fresno Street OF FRESNO, CA 93727 f II■ l8 2011' is L 2 L00 201L, 21: L 3404 3 709 LII' •;1C•;EFIL€ �eTltiT#i:� l 7i�T itaim WE a=t'mr4'D CALIFORNIA BANK&TRUST 11-204/1210 30-F40 PROF/RETAIL 7060 N FRESNO STREET 5 RIVER PARK PLACE WEST STE 203 FRESNO,CA 93720 FRESNO,CA 93720 Check Date Check Number Amount 05/09/2016 1821 ***$62,426.55*** PAY Exactly Sixty Two Thousand Four Hundred Twenty Six Dollars And 55 Cents VOID AFTER 180 DAYS TO THE CITY OF FRESNO ORDER 2600 Fresno Street OF FRESNO, CA 93727 II' L8 2 LII' 1: 1 2 L00 204 21: L 340L, 3 709 LII■ Account Number: fj90V00 8,3/ Security Amount: $11,000.00 f ASSIGNMENT SECURITY FOR: DEWAYNE ZINKIN hereinafter called ASSIGNOR, whose principal place of business is: 5 E. RIVER PARK PLACE WEST, SUITE #203, FRESNO, CA 93720 Street City State Zip Code do (does) hereby assign, and set over to the City of Fresno of the State of California, all right, title and interest of whatever nature. of assianor. in and to the insured account of assignor In the CALIFORNIA BANK&TRUST. 7060 N. FRESNO ST. FRESNO, CA 93720 evidenced by CERTIFICATE OF DEPOSIT in the amount of $ 11. 000.00 Number S��fv�}y��3I _ which is to be delivered to the City of Fresno herewith, Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Deposit Insurance Corporation, and includes and gives the right to the City of Fresno to redeem, collect, and withdraw the full- amount as indicated above at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for PERFORMANCE SECURITY PURSUANT TO SUBDIVISION AGREEMENT FOR PARCEL MAP NO 2010-07 IMPROVEMENTS - including interest and penalties, and to insure compliance with the applicable code or ordinances of the City of Fresno, State of California. Assignor hereby notifies the above-named Bank of this assignment. Dated this 29th day of April, 2016 Name &Tit ef Assi or DEWAYNE ZINI IN RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of Fresno of the State of California of written notice of the assignment to the City of the account-identified above. We have noted in our records the City's interest in the account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Deposit Insurance Corporation and that we have .received no notice of any lien, encumbrance, hold, claim or obligation of the above-identified account prior to the assignment to the City of Fresno. We agree to make payment to the City of Fresno upon request in accordance with the Commercial Banking laws applicable to the institution. Dated this day of 4-1'R/�- :r�,, 70e,O . '7 G�q L��OR.tI/�1 /34�c1K 7�Pi�lsT 7=A,;;'5A0 0'4 137 Bank Name Branch Loc n State grn_ By: U — Name Title of Officer