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HomeMy WebLinkAboutT-5294 - Agreement/Covenant - 8/31/2006 (2) City of Fes_.-w1 PUBLIC WORKS DEPARTMENT 2600 Fresno Street Fresno,California 93721-3616 (559)621-8650 P.W. File No. 10910 SUBDIVISION AGREEMENT FINAL MAP OF TRACT NO. 5294 W Subdivision Agreement Tract No.5294 Page 2 THIS AGREEMENT is made this 22n4 day of 20 D%, by and between the City of Fresno,a Municipal Corporation,hereinafter designated and called the"City,"and BEAZER HOMES HOLDINGS CORP.,a Delaware Corporation,7580 North Ingram Avenue,Suite 104,Fresno,California 93711,hereinafter designated and called the"Subdivider," without regard for number or Gender. RECITALS A. The Subdivider has presented to the City a certain final map of a proposed subdivision of land owned by the Subdivider and located within the corporate limits of the City known and described as the Final Map of Tract No.5294(hereinafter referred to as the"Final Map' and incorporated into this agreement by this reference)and has requested the City to accept the dedications delineated and shown on the Final Map for the use and purposes specified thereon, and to otherwise approve the Final Map in order that the same may be recorded,as required by law. B. The City requires,as a condition precedent to the acceptance and approval of the Final Map, the dedication of such streets, highways and public places and easements as are delineated and shown on the Final Map,and deems the same as necessary for the public use,and also requires that any and all streets delineated and shown on the Final Map shall be improved by the construction and the installation of the improvements hereinafter specified. C. Section 12-1014 of the Municipal Code of the City of Fresno requires the Subdivider to enter into this Agreement with the City whereby Subdivider agrees to do,perform and complete the work and matters required as Conditions of Approval for Vesting Tentative Map No.5294/UGM dated October 6,2004 issued by the City and any amendments thereto(hereinafter referred to as "Conditions of Approval"and incorporated into this agreement by this reference),hereinafter set forth in detail,within the time hereinafter mentioned, in consideration of the acceptance of the offers of dedication by the City of Fresno. Subdivision Agreement Tract No.5294 Page 3 D. The Subdivider desires to construct the improvements and develop the subdivision. E. The Subdivider hereby warrants that any and all parties having record title interest in the Final Map which may ripen into a fee have subordinated to this instrument and that all such instruments of subordination,if any,are attached hereto and made a part of this instrument. AGREEMENT In consideration of the acceptance of the offers of dedication of the streets, highways, public ways, easements and facilities as shown and delineated on the Final Map, and in consideration of finding of substantial compliance with said Tentative Map,it is mutually agreed and understood by and between the Subdivider and the City,and the Subdivider and the City do hereby mutually agree as follows: 1. The Subdivision is subject to the following: a. The work and improvements shall be performed hereinafter specified on or before one(1)year of the date of this agreement,except as noted below. b. The Sidewalk and driveway approach construction for the interior lots of the subdivision shall be completed on or before two (2) years of the date of this agreement. C. The Street Trees required for each lot shall be provided and planted by the Subdivider upon occupancy of each lot. All species of Street Trees to be planted in the subdivision shall be as approved by the City Engineer. The Subdivider shall notify the Public Works Department-Construction Management Division of the planting schedules and to schedule inspections. d. The Issuance of building permits forany structure within the subdivision shall conform to the requirements of the prevailing Uniform Fire Code (UFC). The Subdivider's attention is particularly called to Part III,Article 9 of UFC relating to Fire Department access and water supply. No building permit shall be issued until all Fire Department access and fire fighting water supply requirements have been met. No occupancy permit shall be issued until all Fire Department requirements for occupancy have been met. The issuance of any occupancy permits by the City for dwellings located within said subdivision shall not be construed in any manner to Subdivision Agreement Tract No.5294 Page 4 constitute an acceptance and approval of any or all of the streets and improvements in the subdivision. e. No certificates of occupancy will be issued nor any human occupancy allowed for any building on any lot of the subdivision until permanent sanitary sewer and water service is determined to exist by the Director of Public Utilities Department. f. When a delay occurs due to unforeseen causes beyond the control and without the fault or negligence of the Subdivider,the time of completion may be extended for a period justified by the effect of such delay on the completion of the work. The Subdivider shall file a written request for a time extension with the Director of Public Works prior to the above noted date,who shall ascertain the facts and determine the extent of justifiable delays, if any. Extension of time for completion of improvements(including street trees planting)may be granted by the Public Works Director with an extension fee from the current Master Fee Schedule based upon the initial estimated total improvement cost. The Director of Public Works shall give the Subdivider written notice of his determination in writing,which shall be final and conclusive. 2. The work and improvements,more specifically shown on the referenced plans and made a part hereof,shall be done in accordance with the construction standards contained in the 2002 Edition of the City of Fresno Standard Specifications and Drawings(City Council Resolution No.70-36 and Resolution No.84-361)and any amendments thereto,(hereinafter referred to as "Public Works Standards") at the sole cost and expense of the Subdivider including all costs of engineering,inspection and testing. 3. The work and improvements are as follows: a. Set all landmarks, monuments and lot corners required to locate land divisions shown on the Final Map. Pursuant to Section 66497 of the State Subdivision Map Act, prior to the City's final acceptance of the subdivision and release of securities, the Subdivider shall submit Subdivision Agreement Tract No.5294 Page 5 evidence to the City of Fresno of payment and receipt thereof by the Subdivider's engineer or surveyor for the final setting of all monuments required in the subdivision. b. All utility systems shall be installed underground. Subdivider's attention is directed to the installation of street lights in accordance with Resolution No.78-522 or any amendments or modifications which may be adopted by Council prior to the actual installation of the lights. The Subdivider shall construct a complete underground serviced street light system as approved by the City Engineer prior to final acceptance of the subdivision. Height,type,spacing,etc.of standards and luminaires shall be in accordance with Resolution Nos.78-522 and 88-229 or any amendments or modifications which may be adopted by Council prior to the actual installation of the lights and shall be approved by the City Engineer. C. Water main extensions and services shall be provided in accordance with applicable provisions of Chapter 14, Article 1 of the Fresno Municipal Code and all applicable charges shall apply. d. Sanitary sewer extensions and services shall be provided in accordance with applicable provisions of Chapter 9,Article 5 of the Fresno Municipal Code and all applicable charges shall apply. e. Lot drainage shall be in accordance with Section 13-120.3315 of the Fresno Municipal Code. f. All"Dead-End"Streets created by this subdivision shall be barricaded in accordance with Public Works Standards within seven(7)days from the time said streets are surfaced,or as directed by the City Engineer. g. Any temporary storm water retention basins constructed or enlarged to serve this subdivision shall be fenced in accordance with Public Works Standards within seven (7)days from the time said basins become operational,or as directed by the City Engineer. h. Wet-Ties shall be in accordance Sections 14-107 and 14-111 of the Fresno Municipal Code. The amounts identified below as"Wet-Tie Charges"are estimates only and serve as a deposit to cover the actual cost of construction. Should the actual construction cost be less than the deposit,the Subdivider shall be refunded the excess. Subdivision Agreement Tract No.5294 Page 6 Should the actual construction cost be greater than the deposit,the Subdivider shall be billed by the City of Fresno for the difference and shall be directly responsible for payment. i. The Subdivider shall install and maintain the fencing/walls, landscaping, irrigation system and certain miscellaneous improvements in accordance with the approved improvement plans (i.e., Landscape and Irrigation Plans, Grading Plans), within the designated easements or areas required in the Conditions of Approval and delineated on the Final Map. The improvement plans for such landscaping, irrigation system and miscellaneous improvements shall be prepared by a licensed Landscape Architect, certified irrigation designer or other persons with landscaping and irrigation design expertise acceptable to the Planning and Development Director,except that for improvements to be maintained by the City's Community Facilities District No.2(CFD-2),such improvement plans shall be approved by the City Engineer. The Subdivider has elected to satisfy Subdivider's maintenance obligation of such improvements by annexing the Subdivision into CFD-2 and shall maintain such improvements until such time as the City Engineer determines that CFD-2 is responsible for such maintenance thereafter. Additionally Subdivider shall provide each prospective purchaser,a"Notice of Special Tax"in accordance with the provisions of Section 53341.5 of the California Government Code and the Statement of Covenants Affecting Land Development for the Maintenance of Landscaping and Irrigation System,Tract No.5294 recorded as Document No. on Fresno County Records and incorporated into this agreement by this reference. (NOTE: The recording data for this Statement shall be added by the City Clerk) j. Perform and construct all work shown on the following construction plans and any amendments thereto: i. City Drawing Nos:10-C-10096 through 10-C-10105 inclusive(sewer and water),15-C-12234 through 15-C-12243 inclusive(street),and Drawing No.4-C-923 inclusive(street lighting),unless specifically omitted herein. ii. Fresno Metropolitan Flood Control District Drawing Nos: BM-22-1 through BM-22-2 inclusive,unless specifically omitted herein. Subdivision Agreement Tract No.5294 Page 7 Install and complete all other street improvements required by Section 12-1012 of the Fresno Municipal Code in accordance with the Public Works Standards and the construction plans. k. Prior to approval of the Final Map by the City,the Subdivider shall pay to the City and/or execute a covenant to defer certain impact fees due which are eligible to be deferred by relevant FMC provisions,the total fees and charges due as a condition of Final Map approval. The total fees and charges are more particularly itemized and made a part of this agreement in the attached Exhibit"B." I. In connection with assigning figures set forth in Exhibits"A"and"B,"the City has made its best faith efforts at predicting the amounts to be credited as reimbursements for improvements that will benefit other properties. Because the subject improvements have not been completed at the time of execution of this agreement,the actual cost of construction is not yet known.Some degree of reasonable estimation is incorporated into the calculations.Subdivider agrees that these figures represent City's best estimates only and that they are subject to fluctuation following calculation of actual construction costs after improvement completion and acceptance. It is further subject to Subdivider's submission and City review of a financial accounting which sets forth those actual costs, and the application,by City,of all relevant Fresno Municipal Code provisions which relate to the Subdivider's payment of fees and reimbursement thereto.This would include any pertinent provisions contained within City's Master Fee Schedule which would also apply to the payment of fees or reimbursements. 4. It is agreed that the City shall inspect all work. All of the work and improvements and materials shall be done, performed and installed in strict accordance with the approved construction plans for said work on file with the City Engineer and the Public Works Standards, which said construction plans and Public Works Standards are hereby referred to and adopted and made a part of this Agreement. In case there are not any Public Works Standards for any of said work,it is agreed that the same shall be done and performed in accordance with the standards and specifications of the State of California,Division of Highways. All of said work and improvements Subdivision Agreement Tract No.5294 Page 8 and materials shall be done,performed and installed under the inspection of and to the satisfaction of the City Engineer. 5. Prior to the approval by the Fresno City Council of the Final Map,the Subdivider shall furnish to the City the following improvement securities in the amounts more particularly itemized in Exhibit A. Bonds shall be by one or more duly authorized corporate sureties licenced to do business in California subject to the approval of the City and on forms furnished by the City. a. PERFORMANCE SECURITY. Total amount to equal to 100%of the Final Cost Estimated to be conditioned upon the faithful performance of this Agreement. i. 95%of the final Cost Estimate shall be in the form of a bond or irrevocable instrument of credit;and ii. 5% of the final Cost Estimate shall be in cash or a certificate of deposit. b. PAYMENT SECURITY. Total amount to equal to 50%of the Final Cost Estimated to secure payment to all contractors and subcontractors performing work on said improvements and all persons furnishing labor,materials or equipment to them for said improvements. Payment Security shall be in the form of a bond or irrevocable instrument of credit. C. Any and all other improvement security as required by Section 12-1016 of the Fresno Municipal Code. 6. On acceptance of the required work by the City Engineer,a warranty security shall be furnished to or retained by the City, in the minimum amount identified in said Exhibit A,for guarantee and warranty of the work for a period of one(1)year following acceptance against any defective work or labor done or defective materials furnished. In accordance with Section 12-1016 of the Fresno Municipal Code,said warranty security shall be in the form of cash or a Certificate of Deposit. The warranty security shall be returned to the Subdivider,less any amount required Subdivision Agreement Tract No.5294 Page 9 to be used for fulfillment of the warranty one(1)year after final acceptance of the subdivision improvement. 7. This Agreement shall in no way be construed as a grant by the City of any rights to the Subdivider to trespass upon land rightfully in the possession of,or owned by,another,whether such land be privately or publicly owned. 8. The City shall not be liable to the Subdivider or to any other person, firm or corporation whatsoever,for any injury or damage that may result to any person or property by or from any cause whatsoever in,on or about the subdivision of said land covered by this Agreement, or any part thereof. The Subdivider hereby releases and agrees to indemnify,defend,and save the City harmless from and against any and all injuries to and deaths of persons,and all claims, demands,costs,loss,damage and liability,howsoever same may be caused,resulting directly or indirectly from the performance of any or all work to be done in and upon the street rights-of-way in said subdivision and upon the premises adjacent thereto pursuant to this Agreement,and also from all injuries to and deaths of persons, and all claims, demands, costs, loss, damage and liability, howsoever same may be caused, either directly or indirectly made or suffered by the Subdivider, the Subdivider's agents, employees and subcontractors, while engaged in the performance of said work. The Subdivider further agrees that the use for any purpose and by any person of any and all of the streets and improvements hereinbefore specified,shall be at the sole and exclusive risk of the Subdivider at all times prior to final acceptance by the City of the completed street and other improvements thereon and therein. 9. The Subdivider shall remedy any defective work or labor or any defective materials and pay for any damage to other work resulting therefrom which shall occur within a period of one (1)year from the date of acceptance of the work. Subdivision Agreement Tract No.5294 Page 10 10. The Subdivider and his subcontractors shall pay for any materials,provisions,and other supplies used in,upon,for,or about the performance of the work contracted to be done,and forany work or labor thereon of any kind,and for amounts due under the Unemployment Insurance Act of the State of California,with respect to such work or labor,and shall file with the City pursuant to Section 3800 of the Labor Code,a Certificate of Workers'Compensation and shall maintain a valid policy of Workers'Compensation Insurance for the duration of the period of construction. 11. Initial soils compaction testing for public utility improvement work within the right-of-way shall be ordered by and paid for by the City of Fresno. Public utility improvements shall include street surface improvements, sanitary and storm sewers, City water facilities and irrigation lines. All other compaction testing for private utility installations shall be paid for by the Subdivider or his agent. Compaction testing performed for determination of compliance with Public Works Standards shall at all times remain under the control and direction of the City Engineer who shall determine locations and depths to be tested. Any compaction tests failing to meet the City's requirements shall be reordered by the City and paid for by the Subdivider or his agent. Billing for the private utility tests and any required retesting due to failures shall be made directly to the Subdivider or his agent. 12. The Subdivider shall comply with Street, Plumbing, Building, Electrical, Zoning Codes and any other codes of the City of Fresno. 13. It shall be the responsibility of the Subdivider to coordinate all work done by his contractors and subcontractors, such as scheduling the sequence of operations and the determination of liability if one operation delays another. In no case shall representatives of the City of Fresno be placed in the position of making decisions that are the responsibility of the Subdivider. It shall further be the responsibility of the Subdivider to give the City Engineer written notice not less than two(2)working days in advance of the actual date on which work is to be Subdivision Agreement Tract No.5294 Page 11 started. Failure on the part of the Subdivider to notify the City Engineer may cause delay for which the Subdivider shall be solely responsible. 14. Wheneverthe Subdivider varies the period during which work is carried on each day, he shall give due notice to the City Engineer so that proper inspection may be provided. If Subdividerfails to duly notify City as herein required,any work done in the absence of the Engineer will be subject to rejection. The inspection of the work shall not relieve the Subdivider of any of his obligations to fulfill the Agreement as prescribed. Defective work shall be made good, and unsuitable materials may be rejected, notwithstanding the fact that such defective work and unsuitable materials have been previously overlooked by the Engineer or Inspector and accepted. 15. Any damage to the sewer system,concrete work or street paving that occurs after installation shall be made good to the satisfaction of the City Engineer by the Subdivider before release of bond,or final acceptance of completed work. 16. Adequate dust control shall be maintained bythe Subdivider on all streets within and without the subdivision on which work is required to be done under this Agreement from the time work is first commenced in the subdivision until the paving of the streets is completed. "Adequate dust control"as used herein shall mean the sprinkling of the streets with water or the laying of an approved dust palliative thereon with sufficient frequency to prevent the scattering of dust by wind or the activity of vehicles and equipment onto any street area or private property adjacent to the subdivision. Whenever in the opinion of the City Engineer adequate dust control is not being maintained on any street or streets as required by this paragraph,the City Engineer shall give notice to the Subdivider to comply with the provisions of this paragraph forthwith. Such notice may be personally served upon the Subdivider or,if the Subdivider is not an individual,upon any person who has signed this Agreement on behalf of the Subdivider or,at the election of the City Engineer, Subdivision Agreement Tract No.5294 Page 12 such notice may be mailed to the Subdivider at his address on file with the City Engineer. If,within twenty-four(24)hours after such personal service of such notice or within forty-eight(48)hours after the mailing thereof as herein provided,the Subdivider shall not have commenced to maintain adequate dust control or shall at any time thereafter fail to maintain adequate dust control,the City Engineer may,without further notice of any kind,cause any such street or streets to be sprinkled or oiled,as he may deem advisable to eliminate the scattering of dust,by equipment and personnel of City or by contract as the City Engineer shall determine,and the Subdivider agrees to pay to City forthwith,upon receipt of billing therefor,the entire cost to City of such sprinkling or treated. When the surfacing on any existing street is disturbed,this surfacing shall be replaced with temporary or permanent surfacing within fourteen(14)calendar days,and the roadway shall be maintained in a safe and passable condition at all times between the commencement and final completion,and adequate dust control shall be maintained during these operations. 17. Concrete curbs and gutters, the sanitary sewer system and house connections, together with water mains,gas mains,and their respective service connections,shall be completed in the streets and alleys before starting the street and alley surfacing. 18. Time is of the essence of this Agreement,and the same shall bind and inure to the benefit of the parties hereto,their successors and assigns. 19. No assignment of this Agreement or of any duty or obligation of performance hereunder shall be made in whole or in part by the Subdivider without the written consent of City. 20. In the event that the actual cost or Final Cost Estimated is in excess of$1,000,all of the work and improvements and materials in the planning, design, pre-construction and construction phases of the work and improvements,and any maintenance of such improvements, Subdivision Agreement Tract No.5294 Page 13 constitutes a"public work"as defined in Chapter 1,Part 7,Division 2 of the California Labor Code to which Section 1771 thereof applies,and Subdivider shall cause the work to be performed as a "public work"in accordance with such Chapter of the California Labor Code;and(ii)Subdivider shall fulfill all its duties,if any,under the Civil Code or any other provision of law pertaining to the maintenance of bonds to secure payment of contractors, including the payment of wages to workers performing the work. Subdivision Agreement Tract No.5294 Page 14 The parties have executed this Agreement on the day and year first above written. CITY OF FRESNO, SUBDIVIDER a Municipal Corporation Jo�.1(Zu�2 lY-'AvrIrA BEAZER HOMES HOLDINGS CORP. ,Director a Delaware Corporation Public Works Department BY: L4.,,) BY: Michael T.Kim,P.E., Assistant Director Alan man,Vice President of Operations ATTEST: REBECCA E.KLISCH,CMC City Clerk By: Deputy cs lAWb6S APPROVED AS TO FORM: (Attach Notary Acknowledgment) JAMES C.SANCHEZ City Attorney By: :;)�'j,. h ) —,-�N' Deputy t CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT :rcrcr.rm.Gr.�r�.�r,�rir�:�.crcr.�rmm,�c,4r,<.r.ter.,-nsr�r.:cm.�r�.cccr.�r.r.�:c.�.r��rsr�r.�r�,r,4r.�.r.�r.�r.�,.• State of California County of Fi-t°.Sn Q }ss. On before me,`-��,,E. ✓_.on�f Data Name and Tide of O (.g.,`Jane Doe,Noifiry Public') personally appeared ALO J-19L)Mol yq Name(s)of Signers) sonally known to me ❑proved to me on the basis of satisfactory evidence to be the person(s)whose name(s)is/are subscribed to the within instrument and acknowledged to me that �+—r— he/she/they executed the same in his/her/their mrpyo E,tCl10 authorized capacity(ies), and that by his/her/their Car'.'1- tk1. signature(s)on the instrument the person(s),or the ►o"Rift-Cawonrla entity upon behalf of which the person(s) acted, Fr" COLNOY .204 L rCamm t0� a executed the instrument. WITNESS my hand nd of'cial seal. Place Notary Seal Above ` Sgnature of WotarejtC OPTIONAL Though the information below is not required by law,it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached DRculne(rttU �Q nc-� M" /'ra�f Title or Type of Document: L.L. lSl 6Y1 rP Pp'1-' Document Date: Number of Pages: Signer(s)Other Than Named Above: Capacity(ies)Claimed b fgner(s)�/1 Signer's Name: ( M.IAJ✓YtA.'►1 Signer's Name: ❑ Individual ❑ IndiZFact jXCorporate Officer—Title(s): ❑ Cor —Title(s ❑ Partner—❑Limited ❑General ❑ Pared eneral ❑ Attorney in Fact Top of thumb here ❑ AttoTop of thumb here ❑ Trustee ❑ Tru❑ Guardian or Conseryator ❑ Guarvator❑ Other: ❑ Oth Signer 1�`s�Rsepresenting: &-a ¢ Sig r Is Representing: ®2004 National Notary Association•9350 De Soto Ave.,PO.9o.2402•Chatsworth,CA 91313-2402 Item No.5907 Reorder:Calf Toll-Free 1800-876-8827 EXHIBIT A Subdivision Agreement for Tract 5294 A. APPROVED PUBLIC IMPROVEMENT CONSTRUCTION COST ESTIMATES Water System Construction Cost Estimate $277,970 Well Construction Cost Estimate $800,000 Sewer System Construction Cost Estimate $182,720 Street&Storm Drain Construction Cost Estimate $1,446,543 Final Cost Estimate(for Inspection Fee purposes) $2,707,233 206 Landmarks,Monuments,Lot&Block Corners($50/ea) $10,300 Sub-Total(for bonding purposes) $2,717,533 Construction Contingency(10%) $271,753 TOTAL COST ESTIMATE* (for improvement securities purposes) IL—$2,989,286 $2,989,000 *All amounts rounded to nearest$1000 B. IMPROVEMENT SECURITY REQUIREMENTS(due with subdivision agreement) Performance Security (100%of Total Cost Estimate) 95%of amount shall be in the form of a band by duly authorized corporate sureties or irrevocable letter of credit $2,840,000 5%of amount shall be in cash or a Certificate of Deposit $149,000 Payment Security (50%of Total Cost Estimate) 100%of amount shall be in the form of a bond by duly authorized corporate sureties or irrevocable letter of credit $1,494,500 Faithful Performance Security to Guarantee Completion of Plans Street Plans $0 Utility Plans(Sewer.Water,Storm Water) $0 Street Light Plans $0 Bridge Construction Plans $0 100%of amount shall be in cash or a Certificate of Deposit $0 C. WARRANTY SECURITY REQUIREMENT*(due as condition of acceptance of the work) 5%of first$50,000 of the Total Cost Estimate $3,000 3%of next$50,000 $2,000 1%of next$400,000 $4,000 0.5%of amount over$500,000 $12,400 Minimum amount $21,400 EXHIBIT A v4/28/00 Prepared By: Frank Date:07/19/06 Print Date:07/19/06 3:15:39 PM Page 1 of 1 EXHIBIT B Subdivision Agreement for Tract 5294 NETAMOUNT AMOUNT A. MISCELLANEOUS FEES&CHARGES EXTENSION DUE DEFERRED 1. INSPECTION FEE $2,707,233 Final Cost Estimate over$500K $111,289.55 ($20,793+4.1%of amount over$500K) Less Inspection Fees paid with Early Sewer/Water Construction Agreement $21,417.00 Less Inspection Fees paid with Early Street Construction Agreement $73,472.00 Inspection Fee 1 ,4 .55 $16,400.55 2.MONUMENT CHECK FEE 83 Lots and Outlots @ $30.00 per Lot (Min$200) 3.STREET SIGNS 0 Street Name Sign sets @ $173.00 per set na na 0 Waming/Regulatory signs @ $77.00 sign na na 4.STREET TREES 95 Inspection Fee(when planted by subdivider) @ $30.00 per Tree $2 850.00 $2,850.00 O Trees by Covenant(Resolution 98-129:2 trees/Lot fronting 50'streels) S.STAMPED CONCRETE STREET PAVING MAINTENANCE For the continued maintenance& 0 replacement of Stamped Concrete Paving @ $20.00 per SF na na 6.STREET RIGHTS OF WAY ACQUISITIONICONSTRUCTION CHARGE per FMC 11-226(f)(6) Lum Sum Charge as established by Public Works Director na na 7.LANDSCAPE MAINTENANCE DISTRICT FEES Lum Sum Loos(anticipated maintenance cost) Lum Sum Other maintained features Incidental expenses:legal fees,publications,mailings, Lum Sum engineering,assessment district proceedings $3,500.00 Lum Sum Landscape area Field Inspection Fee- @ $305.00 LS $305.00 Public Works Total $39453.35 $39453.35 $455.00 Estimated assessment per Lot(information only) S.IRRIGATION PIPELINE(one-time maintenance fee) O na OLineal Feet @ $5.00 per LF na 9.URBAN RESERVE 41 CORRIDOR NEXUS STUDY CONTRIBUTION Freewa 41/Friant Road I Hemdon Corridor 0.00001 Adjusted Gross Acres @ $250.00 per AG Ac TOTAL MISCELLANEOUS FEES&CHARGES $61,193.90 $61,193.901 EXHIBrr B v11/01f0l Printed07125106 1:33:40PM Page1of4 EXHIBIT B Subdivision Agreement for Tract 5294 NET AMOUNT AMOUNT EXTENSION DUE DEFERRED B. IMPACT FEES,CONSTRUCTION CREDITS&FEES TO BE DEFERRED 20.2523 Gross Acres 19.4086 Adjusted Gross Acres(AG Ac);excludes Area of Arterial 8 Collector Streets 82 Units(residential) R-1 Zoning u m Input"ugm"if within the Urban Growth Management Area or"no" 1. LOCAL DRAINAGE FEES -------B_M1 FMFCD Drainage Area 0.0000 Acres per FMFCD @ $0 per Acre Local Drainage Fee $0.00(B1) (B1)All or portion of fee obligation satisfied pursuant to FMFCD agreement. 2. SEWER CONNECTION CHARGES (a Lateral Sewer Charge 0 SF;sub-total Lateral Sewer Charge @ $0.10 per SF (b Oversize Sewer Charge undesignated UGM Reimbursement Area Frontage:IS.Temperance Avenue 66 B00 SF Total Square Fast ®SF 66 800 SF;sub-total Oversize Sewer Charge @ $0.05 per SF $3,340.00 Less estimated Oversize Credits Less estimated Overdepth Credits Oversize Sewer Charge $392.74' $2,947.26 Fee Due for Lots under Early Issuance of Building Permits Agreement (c)TrunkSewer Charge Fowler Trunk Sewer Service Area B2 Units @ $344.00 per Unit 0.00 $28 208.00 (d)Wastewater Facilities Charge Fee to be paid at the rate in effect at time of issuance of building permit.The fee rate currently in effect is$2,119 per Unit(FMC 9-503-1h) NSewer Ca city Enhancement Charge Fowler Trunk Sewer Service Area 82 Units @ $0.00 per Unit ( Fowler Trunk Sewer Interim Fee Surety 82 Units @ $1000.00 par Unit 3. WATER CONNECTION CHARGES (a Time 8 Materisal Ch "Wet-Tie") 20050527 Etimate arges(Number 5078 Water Job Number Estimated Deposit(FMC 14-111-f) $0.00(B3) (B3)Deposit paid with Early Construction Agreement (1,1)Service Connection Charges 68 1"Meters to existing services @ $330.00 each $0.00 $22 440.00 4 1-112"Meters to existing services @ $455.00 each 1 $1,820. $0.00 $1 620.00 EXHIBrr 8 v11101/01 PrinW 07/17106 9 54:05 AM Page 2 of 4 EXHIBIT B Subdivision Agreement for Tract 5294 NETAMOUNT AMOUNT EXTENSION DUE DEFERRED (b2 Lendsca Service Connection Charges 3 2"Meters to existing services @ $530.00 each $1,590.00 (c Front a Charge 0 LF;sub-total Frontage Charge(full rate) @ $6.50 per LF na (d 7ransmlaslon Grid Main Charge E UGM Reimbursement Area 20.2523 Gross Acres @ $643.00 per Gr Acre $13 022.23 Less Estimated TGM Construction Credits $41,734.00 Transmission Grid Main Charge $0.00' Paid w!Credits (e Transmission Grid Main Bond Debt Service Charge 20.2523 Gross Acres @ $243.00 per Gr Acre $4 921.31 Less Estimated TGM Bond Debt Service Charge Credits Transmission Grid Main Bond Debt Service Charge 4 921.31 $578.68' $4 342.63 ( UGM Water Supply Fee 501-5 Supply Well Service Area 82 Living Units(residential) @ $1 738.00 per Unit $142 51fi.00 Less Estimated UGM Water Supply Fee Construction Credits $800 000.00 UGM Water Supply Fee Paid w!Credits ( Well Head Treatment Fee 501 Well Head Treatment Service Area 82 Living Units(residential) @ $79.00 per Unit $6,478.00 Less Estimated Well Head Treatment Fee Construction Credits Well Head Treatment Fee 47. $6 478.00 (h Rechar a Fae 501 Recharge Service Area 82 Living Units(residential) @ $56.00 per Unit $4 592.00 Less Estimated Recharge Fee Construction Credits Recharge Fee (i 1994 8ontl Debt Service Fee 501 1994 Bond Debt Service Fee Service Area 82 Living Units(residential) @ $93.00 per Unit $7 626.00 Less Estimated 1994 Bond Debt Service Fee Construction Credits 1994 Bond Debt Service Fee 7 .00 $930.00' $6 696.00 4. URBAN GROWTH MANAGEMENT(UGM)FEES 8 CONSTRUCTION CREDITS (a UG�TATION FEE 15 Fire Station Service Area 20.2523 Gross Acres @ $605.00 per Gr Acre $12 252.64 $1 440.75' $10 811.89 (b)UGM NEIGHBORHOOD PARK FEE 2 Neighborhood Park Service Area 20.2523 Gross Acres @ $2 392.00 per Gr Acre $48 443.50 $5 696.31 2 747.19 EXHIB1r 8 x11101101 ftnt tl 07!171% 9:54:05 AM Page 3 of 4 EXHIBIT B Subdivision Agreement for Tract 5294 NETAMOUNT AMOUNT EXTENSION DUE DEFERRED (cUGR STREET CHARGE D-1/E-2 Major Street Zone 19.4086 Adjusted Gross Acres @ $371-6 1-0-01 per AG Ac $61 350.58 Less Estimated Major Street Charge Construction Credits $53 337.00 Major Street Charge 8 13.56 $942.24' $7 071.34 (tl UG�R STREET BRIDGE CHARGE D-1lE-2 Major Street Bridge Zone 19.4086 Adjusted Gross Acres @ $304.00 per AG Ac $5,900.21 Less Estimated Major Street Bridge Charge Construction Credits $400,000.00 Major Street Bridge Charge $0.00' Paid wl Credits (e UGE SEPARATION CHARGE Grade Separation Service Area 19.4086 Adjusted Gross Acres @ $0.00 per AG Ac na ( UGf) M TRUNK SEWER FEE Fowler Trunk Sewer Service Area 19.4086 Adjusted Gross Acres @ $0.00 per AG Ac na 5. NON-URBAN GROWTH MANAGEMENT(UGM)CITYWIDE IMPACT FEES&CONSTRUCTION CREDITS (a FIRE IMPACT FEE 82 Living Units(residential) @ $539.00 per Unit 1!$4;4,,1 d98S.70�01. Fire Impact Fee (b PARK FACILITY IMPACT FEE 82 Living Units(residential) @ $3 398.00 per Unit $276,636.00 Park Facility Impact Fee 278 636.00" $0.00' $0.00 (c POLICE FACILITIES IMPACT FEE 62 Living Units(residential) @ $624.00 per Unit $51,168.00 Police Facilities Impact Fee (tl TRAFFIC SIGNAL CHARGE 82 Living Units(residential) @ $414.69 per Unit $34 004.58 Less Estimated Traffic Signal Charge Construction Credits Traffic Signal Charge $4,146.90' $29,857.68 Total Im act Fees&Char es $567,831.61 $54,995.62 $128,733.99 Note: EXTENSION total includes net results of construction credits SUMMARY TOTAL(A)MISCELLANEOUS FEES&CHARGES $61.193.90 TOTAL(B)IMPACT FEES&CHARGES $54,995.62 $128,733.99 TOTAL SUBDIVISION FEES and CHARGES DUE WITH AGREEMENT cash $116,189.52 EXHIBIT B v11/01101 Printe407I26106 1'.34:29PM Page 4014 Beazer Homes California / Fresno Division BANKONF,NA NO. 71003141 ILUNO/\ .JLC 3721 Douglu. PAYAB Boulevard,Suite 100 CHICAGOLCMRO GH FCCNA I ONA Beazer Roseville,California 95601 WMRJGTON.DELAWARE`�NK B 70-2322/719 (916)773-3888 - _- ISSUE DATE AMOUNT 07/19/06 $***149,000.00 PAY ONE HUNDRED FORTY.NINE THOUSAND AND 00/100**+++++.+++++++++++++ Two signatures Required For Checks Excee ing$10,000.00 C1ttyy of Fresno T P.CS.Sox 45017 ORDER Fresno CA 93718-5017 . 01 OF - - - _ "' „ AUTHORIZED SIGNATURE .�- VOID IFNOT CASHED WITHIN 90 DAYS Y AUT!!PRJNEDS[GG NATURE —�— Ii'71003Lt. 111' 1:0719232261: 6992879 18 11' DETACH HERE FOR YOUR RECORDS .Invoice Date Contract# Voucher/Type/Pay Item Account Number Lot#Address/Remarks Cost Code Description ..Gross .Tax Discount Net 07/18/06 08499669 09790288 OV 000 71005019000.1515.22281149,000.00 149,000.00 9000 Fenn Property / 071806C !! ��-to Totals for Address Book#-00197913 --------------- ----------- ----------- --------------- 149,000.00 149,000.00 47/19/06 xuNf ER 71003141 r � Beazer Homes California / - Fresno Division EANKGNE,NA NO. 71003137 : 3721 DDU81a5130Uleverd,Suite 100 CHICAGO.ILLINOIS PAYABLE THROUGHFCC NATIONAL BANK ,. " "� Beazer Roseville,California 95661` wa.mNgTom,DELAWARE 702322819 -Homo.. (916)773-3888 ISSUE DATE AMOUNT 07/18/06 $****76,736.17 .PAY SEVENTY SIX THOUSAND SEVEN HUNDRED THIRTYSIX AND 17/100 y6o '! TwB signatures Required For Checks Exceeding$10,000.00 City- of Fresno i. T P Box 45017 ORDER Y4-0 0"Of, Fresno CA 43718 5017 W' OF. = — a I,n 1 ri, JN, t 8M. A s�oR D$l ATt x r Iu4 r I I �P� `i�rl r '4nu,4l' mi a rl a VOID IF NOT CASHED WITHIN i4 p 90 DAYS — �`— n AUTH—R D SIGNATURE �;q. _ _ �.,i� l' ' "I" " »� II 11'7100313711' 1:0719232261: 6 9 9 28 7 9 1811' DETACH HERE FOR YOUR RECORDS Invoice Date Contract# Voucher/rype/Pay.Item Account Number' Lot#Address/Remarks ( Cost Code Description Gross TaxDiscount Net 07/18/0608499669 09789418 OV 000 71005019000.1515.22281 76,736.17 76,736.17 9000 Fenn Property Fees&1 071806B �"��Cdr rr 3 Totals for Address Book#-00197913 --------------- ----------- ----------- --------------- 76,736.17 76,736.17 CHECK 07/18/06 £HECK 71003137 1) NUMBER PZ821U01 City of Fresno 8/02/06 Payment Due Selection 09:26:45 Project nbr/desc 05 00001240 FINAL TRACT MAP NO. 5294 Pro3ect type . . . FINAL TRACT MAP Select fees due, press Enter. 1=Select entire amount Amount yyDescription 0ns amt 1t t146pp00 Ba1460.00 LDeCOVENANT PREPARATION FEE Tra1460 00 Total 1460.00 F3=Exit FS=Select all fees F12=Cancel PZ821UO1 City of Fresno 8/02/06 Payment Due Selection 09:26:45 Project nbr/desc 05 00001240 FINAL TRACT MAP NO. 5294 Pro3ect type . . . FINAL TRACT MAP Select fees due, press Enter. 1=Select entire amount Amount yy pp Oamt pt to, 1460p00 Ba1460.00 LDeCOVENANTtPREPARATION FEE ion Trans PREPARATION Total 1460.00 Beazer Homes CaLforma _� prcsno Division ^ "°tis gm 'r1^, NO. rj-0031�m36 ✓V' - 721 Douglas Boulevard Su to 1"00^ ', '"y 'M�`L 1rt�" Bea i� !I r V , PAYABLETHAOOOH FEGtl'kT[ONALH t er' =Roseville,Califomia95661 � �� � "`� � -Wt'LtfmfaoWLAY7 nwAP.E , A C(r9161T 73-3888 trti "t �4 uWt+ q w u � :,ESSUE DATE. AMOUNT 07/18/06 $*****1 460 00 ° .� T _ PAY N�,DY.RFOUR HUNDRED SILT O Y�E NOUS D 00"/IO ' - 4EJ 4 ;Ntuhk YrAtl vann"W'YY far a TwostgnaturesRequlred �rChecksExceedtngS1000000 s�'bRDE[C OX 4501Allr e5n0-C 93718=5017 0a 5�x ' v m• cnsD tr 9a stoxALaw k 11111111L 11.7100313611' 1:0719232261: 69928791811' DETACH HERE FOR YOUR RECORDS Invoice Date ContractN VI Lot#AddresslRemarks CITY OF FRESNO at+WIDER RECEIPPTT Drawer: 1 irons Tax Discount Net Oper: KATHRYNN Type' DV 07/18/06 08499669 OS bate: 8102/06 01 Receipt no. 0 1,460.00 9000 Fenn Property Description Quantity Amount PI RNMIN6&1240 ZONING 1 $1460.00 Totals for -- _----_ BEAZER HONES OF CALIFORNIA i0 1,460.00 FRESNO DIVISION 3721 MIUfiLAS BLVD STE 100 MCA 95661 BB8 Tender detail $ CK CHECK 71003136 $1460.00 1460.00 Total tendered $1460.00 Total payment " Trans date: 8/02106 Time: 9:32:53 a «. Bond No.: SU5020898 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas,the City Council of the City of Fresno,State of California,and Beazer Homes Holdings Corp. ("principal') have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, identified as Subdivision Agreement for the Final Map of Tract No. 5294 is hereby referred to and made a part hereof;and Whereas,under the terms of the agreement,the principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Fresno ("City")to secure the claims to which reference is made in Title 15(commencing with Section 3082)of Part 4 of Division 3 of the Civil Code of the State of California. Now,therefore,the principal and Arch Insurance Company as corporate surety, are held firmly bound unto the City and all contractors, subcontractors, laborers, materialmen,and other persons employed in the performance of the agreement and referred to in Title 15(commencing with Section 3082)of Part 4 of Division 3 of the Civil Code in the sum of One Million Four Hundred Ninety Four Thousand Five •• dollars ($ 1,494,500.00), 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 herein above 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 attorneys 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. *.Hundred 6 00/100 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 July 20 .20 06 Principal: Beazer Homes�H 1p dings Corp. By: (Principal) Surety: c Insurance Company By: ( urety) Peggy Faust, Attorney—In—Fact ACKNOWLEDGMENT OF SURETY STATE OF ILLINOIS } } S.S. COUNTY OF DUPAGE } On July 20, 2006 before me,a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared Peggy Faust, known to me to be Attorney-in-Fact of Arch Insurance Company the corporation described in and that executed the within and foregoing instrument, and known to me to be the person who executed the said instrument on behalf of the said corporation executed the same. IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal,the day and year stated in this certificate above. ------------ ENotaryPublic, L SEAL" My Commission Ex ires on November 29,2008 J.KRUSE State of Illinois Expires 11149/08 Notary Public—Bo e J.Kru POWER OF ATTORNEY Know All Men By These Presents: That the Arch Insurance Company,a corporation organized and existing under the laws of the State of Missouri,having its principal office in Kansas City,Missouri(hereinafter referred to as the"Company")does hereby appoint Peggy Faust,Bonnie Kruse,Dawn Morgan,Jennifer J.McComb,Melissa Kotovsky,Kelly A.Jacobs,Stephen T.Kazmer,James I. Moore,Elaine Marcus and Mary Beth Peterson of Westmont,IL(EACH) its true and lawful Attomey(s)-in-Fact,to make,execute,seal,and deliver from the date of issuance of this power for and on its behalf as surety,and as its act and deed: Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make,execute,seal and deliver bonds or undertakings that guarantee the payment or collection of any promissory note,check,draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. The Company may revoke this appointment at any time. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes,as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office in Kansas This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company on March 3,2003,true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect "VOTED,That the Chairman of the Board,the President,or any Vice President,or their appointees designated in writing and filed with the Secretary,or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them to execute on behalf of the Company,and attach the seal of the Company thereto, bonds and undertakings,recognizances,contracts of indemnity and other writings, obligatory in the nature thereof,and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on March 3,2003: VOTED, That the signature of the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary,may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on March 3,2003,and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached,shall continue to be valid and binding upon the Company. OOML0013 00 03 03 Page 1 of 2 Printed in U.S.A. in Testimony Whereof,the Ccm;.any has c u.t+w this ins rLment tobe sgned and its corporate seal to be affixed by thele authorized officers,this. ft day of_May 20 Arch Insurance Company Attested and Certified saoe mow Martin J.Nilss tory Edward M.Tihis Vice President STATE OF NEW YORK SS COUNTY OF NEW YORK SS I Peter J.Callao,a Notary Public,do hereby certify that Edward M.Titus and Martin J.Nilsen personally known to me to be the same persons whose names are respectively as Yat President and Secretary of.the Arch Insurance Company,a Corporation organized and existing under the laws of the Stale of Missouri, subscrtbed to the foregoing Indrunwk appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free apkvoluntary ad of sawcorporation and as their own free and voluntary sets for the R and purposes tharein set forth. PLiin J.4AlLeO,aa0. Nab"pa o2CAe"w Nes Va* 01—*W In Naw�n4 P r J. x Co"""n Exprras May 3.20oa My comm expires 5-03-2005 CERTIFICATION 1,Martin J.Nilsen,Secretary of the Arch Insurance Company,do hereby certify that the attached Power of Attorney dated on behalf of the person(s)as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and Is in full force and effect on the date of this certificate;and I do further certify that the sNd Edward M.Titus,who executed the Power of Attomey as idiot President was on the date of execution of the attached Power of Attorney the duly elected Vice President of the Arch Insunuroe Company... IN TESTIMONY AIy� EOF I have h . t^s ubsoribed ;nems and t`ecorpc` s of the Arch Insurance Company on this 2Qth y day of f"xT~ 20_ Martin J.Nils ,Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Company except in the manna and to the extent herein stated. PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADDRESS: Arch Contractors 3 Developers Group 135 N.Robles Ave.,Ste.525 Pasadena,CA 51101 a� OOMLO013 00 03 03 slams Page 2 of 2 Printed In U.S.A. 6 Bond No.: SU5020898 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas,the City Council of the City of Fresno,State of California,and Beazer Homes Holdings Corp. ("principal'I will be entering into an agreement whereby principal agrees to install and complete certain designated public irtlpgrments,which said agreement,identified as Subdivision Agreement for Parcel Map No. 77 4 ,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, tttherefore,we,the �principal dand Arch Insurance �t�Co y Tiios�lillionhELXg HimydrbedpnFortythrnoo City saande�nU hta0 ,in the penal sum of dollars ($ 2.840.000.00 )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 Jtgy 20 ,20 06, Principal: Beazer Homes Holdings Corp. (Principal) ' Surety: c [mstirance Company By: (Surety) Peggy Faust, Attorney—In—Fact t ACKNOWLEDGMENT OF SURETY STATE OF ILLINOIS } } S.S. COUNTY OF DUPAGE } On July 20, 2006 before me,a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared Peggy Faust, known to me to be Attorney-in-Fact of Arch Insurance Company , the corporation described in and that executed the within and foregoing instrument, and known to me to be the person who executed the said instrument on behalf of the said corporation executed the same. IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal,the day and year stated in this certificate above. F 'OFFICIAL SEAL' My Commission Expires on November 29,2008 BONNIE J.KRUSE Notary public,State of Illinois My Commission Expires 71129108 Notary Public— ie J. POWER OF ATTORNEY Know All Men By These Presents: That the Arch Insurance Company,a corporation organized and existing under the laws of the State of Missouri,having its principal office in Kansas City,Missouri(hereinafter referred to as the"Company')does hereby appoint Peggy Faust,Bonnie Kruse,Dawn Morgan,Jennifer J.McComb,Melissa Kotovsky,Kelly A.Jacobs,Stephen T.Kazmer,James I. Moore,Elaine Marcus and Mary Beth Peterson of Westmont,IL(EACH) its true and lawful Attomey(s)-in-Fact,to make,execute,seal,and deliver from the date of issuance of this power for and on its behalf as surety,and as its act and deed: Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make,execute,seal and deliver bonds or undertakings that guarantee the payment or collection of any promissory note,check,draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. The Company may revoke this appointment at any time. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes,as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office in Kansas City, This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company on March 3,2003,true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED,That the Chairman of the Board,the President,or any Vice President,or their appointees designated in writing and filed with the Secretary,or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on March 3,2003: VOTED, That the signature of the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary,may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on March 3,2003,and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached,shall continue to be valid and binding upon the Company. 00ML0013 00 03 03 Page t of 2 Printed in U.S.A. In Testimony Whereof,ft Company has c.u:.e4.this imb"u-tent to be s`gned and its corporate seal to be affixed by their �- authorized officers,this 9nr day of—may 2005 Arch Insurance Company- Attested and Certified ecce . awrn UK �� lkrral Martin J.Nilser0ecretery Edward M s Ma President STATE OF NEW YORK SS COUNTY OF NEW YORK SS I Peter J.Callao,a Notary Public,do hereby certify that Edward M.Titus and Martin J.Nilsen personally known to me to be the some persons whose names are respectively as Vice President and Secretary of the Arch Insurance Company,a , Corporation organized and existing under the laws of the Stale of M'asouri, subscribed to the foregoing linWu neat, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free qKvolunlary act af mid corporation and as their own free and voluntary ads for the ggd�s and pDurposes therein set forth. rE11<II J.CALLi0.aft.. . Nohry Pul ft ataM of Now York No.02CAe1oe3ae J. OVINed In Now York County N Commwbn E)Wrss May 3.200e My comm expires 5-032005' CERTIFICATION I,Martin J.Nilsen.Secretary of the Arch Insurance Company,do hereby certify that the attached Power of Atfomey dated on behalf of the person(s)as listed above is a true and correct copy and that the same has been In full force and~ since the date thereof and is In full force and effect on the date of this certificate;and I do further certify that the said Edward M.Thus,who executed the Power of Attorney as Vim President,was on the date of execution of the attached Power of Attorney the duly elected Vice President of the Arch Insurance Company. IN TESTIMONY AnJcDhEOF,I have.. . to subscAbed d^y name and of! the corpora s of the Arch Insurance Company on this day of dui 40 d6 Martin J.NiIVK,Secretary This Power of Attorney Omits the ads of those named therein to the bonds and undertakings specifically named therein. , and they have no authority to bind the Company except In the manner and to the extent herein stated. PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADDRESS: Arch Contractors i Developers Group 135 N.Robles Ave.,Ste.526 Pasadena,CA$1101 O OOML0013 00 03 03 Page 2 of 2 Printed in U.S.A.