HomeMy WebLinkAboutT-5312 - Cashier Memo - 5/21/2007 City of
I e-- _. ,O
PLANNING AND DEVELOPMENT DEPARTMENT
Building & Safety Services Division
Land Division & Engineering Section f RECEIVED ry
MAY 2007
PIANNiNq ANd
DATE: April 24, 2007 `�''�, DEVEIoPMFNT
tee:
TO: ROSE SALDIVAR, Senior Account Clark \`
Public Works Department, Engineering Administration
FROM: RICK SOMMERVILLE, Supervising Engineering Technician
Development Department, Building & Safety Services Division
SUBJECT: SUBMITTAL OF FEES, CHARGES AND SECURITIES FOR TRACT NO 5312/UGM
ATTACHED PLEASE FIND THE FOLLOWING ITEMS FOR TRACT NO. 5312/UGM.
1. Copy of the Subdivision Agreement for Tract No. 5312/UGM.
2. Bonadelle Homes, Inc., paid by company check the amount totaling $ 419,730.07
representing total fees and charges due final map as noted of page 4 of 4 of the itemized
Exhibit "B" at the rear of subdivision agreement.
3. A Califonia Bank Certificate of Deposit (Certificate No. 1380014573) in the amount of
$ 86,000.00, which represents the five percent Performance Security, as noted on page 1,
of Exhibit "A' at the rear of said subdivision agreement.
4. City's Faithful Performance Bond in the amount of$ 1,642,000.00
5. City's Subdivider's Payment Bond in the amount of$ 864,000.00
Please provide copies of the Cashier Memorandum for our records. If you should have any questions
please feel free to contact me at 621-8075.
Respectfully
Finance Control No.
City of Fresno
Security Deposit Form
To: Finance Department - Accounting Division
From: Rose Saldivar - Public Works Department
CD X Passbook Other
Deposited At: California Bank & Trust
Certificate/Acct. No: 1380014573
Deposit Amount: $86,000.00 Maturity Date: 03/13/08
Depositor: Name: Bonadelle Homes, Inc.
Address: 7030 N. Fruit, Suite 100 Fresno, Ca. 93711
Street City/State Zip
Job Address: Tract 5312
Received By: Rose Saldivar, Public Works Engineering Date: 4/24/07
Authorization to Release
Signature Date
Release To: Name:
Address:
Street City/State Zip
GCQ,
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It, 11t1� e k a � 6 ti` rho
W " ')CtiTOMATICALLY RENEWABLE
CALIFORNIA BANK
V THUST TRU ST
H V ISSUED AT Palm OFFICE Fresno, CA DATE March 13, 2007
W (CITY OR TOWN) (STATE)
W U `'�:.;�������������;�y .�����������V;�;�;fir :is i;'.;�:�;�;�;�::is iC
Ronad llP Hom � Inc- Acct #1380014573
U0 (CUSTOMER NAME) (CUSTOMER NUMBER) _
} � Eihtg , Six Thr�usand an nn/� DOLLARS $ 86, ,-,
HW cc
%'-T% it of
HAS TODAY BEEN DEPOSITED WITH CALIFORNIA BANK 8 TRUST PAYABLE TO y OR ORDER UPON MATURITY
OAS THE MATURITY OF THIS CERTIFICATE WILLEREINAFTER SPECIFIED AND UPON PRESENTATIONrCI IAND URJEJ�DER QF jItI CERTIFICATE, OFFICE.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
RECORDS OF BANK'S ELECTION TO PAY THE DEPOSIT AT SUCH ORIGINAL OR ANY EXTENDED MATURITY,OR(B)UPON WIT N TEN DAYS AFTER SUCH ORIGINAL OR ANY EXTENDED
0 MATURITY DATE,THIS CERTIFICATE IS PRESENTED AND SURRENDERED FOR PAYMENT.
11 SAID DEPOSIT BEARS SIMPLE INTEREST AT THE RATE OF %- �L� _08 %PER ANNUM _
FROM DATE HEREOF UNTIL ULTIMATE MATURITY,AS ABOVE PROVIDED,AND SUCH INTEREST WILL
PAID OR CREDITED AT EACH SUCCESSIVE MATURITY DATE IN ACCORDANCE WITH THE WRITTEN
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
NECESSARY TO COMPLY WITH ANY LAW OR GOVERNMENTAL REGULATION AFFECTING THE DEPOSIT. AUTHORIZED SIGNATURE
Account Number: 1380014573
Security Amount:
............:::::::::::::::::::::.:::::::::::::::::::::: .....::....AMS:MNM NT.-.- ..........................................
(Subdivision Agreement)
SECURITY FOR: 8onade11P Homes, T_nc.
hereinafter called ASSIGNOR, whose principal place of business is
7030 N Fra if—Ave 41-00 Fresno, CA g-171 1
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 assignor, in and to the insured account of assignor in the
California Bank & Trust , evidenced by Assignment Account in the amount of
$ RG noo number R7R7 ' 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
Warranty Security Tract 5312
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=assign nt.
Dated this 13 day of March 19
e & Title of Assignor
R.: ::,:",'.j:.`.::`:>.:::; ::.:::::.., GN ENT
N . t.:....::..:1111:...:.:...:..::.....................:...:.::.
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 13 . day of March , 197nn7
California Bank & Trust 5240 N.Palm Ave Fresno CA 93704
Bank Name Branch Location City State
By
Name Title of officer
I)bIr 1] K , -kw"4P_'T- %5A_
Finance Control No.
City of Fresno
Security Deposit Form
To: Finance Department - Accounting Division
From: Rose Saldivar - Public Works Department
CD Passbook Other. Subdivision Improvement Performance Bond
Deposited At: Developers Surety & Indemnity Company
Certificate/Acct. No: 569475S
Deposit Amount: $1,642,000.00 Maturity Date:
Depositor: Name: Bonadelle Homes, Inc.
Address: 7030 N. Fruit, Suite 100 Fresno, Ca. 93711
Street City/State Zip
Job Address: Tract 5312
Received By: Rose Saldivar, Public Works Engineering Date: 4/24/07
Authorization to Release
Signature Date
Release To: Name:
Address:
Street City/State Zip
n
i
Board No. 569475S
Premium: $14,778.00
SUBDrMrON 1:14PROVEM9NT
PERFORMANCE BOND
1lUhargag,++,a rov rrrtlinril of the City of Fresno,State of California, and
_ BN5312 L.P ("principal')will
be enteringlnto an agreement whereby principal agrees to install and complete certaln designated
public imprm—ments which said agreement,identified as Subdivision Agreement for the Final Map
of Tract No. 5312/UC6M ,is hereby referred to and made a part hereof; and
Whereas,principal is required under the terms of said agreement to furnish a bond for the
faithful performance of said agreement.
Now,therefore,we,the principal and DEVELOPERS SURETY AND INDEMNITY COMPANY as
Ai.%MtF• ."h"A hnund tmto the city of r %no( City"),in the bonml slim of OR MIIlion
Six Hundred Forty-Two Thousand& No/100 dollars($. 1,642,000.QD_..._,)lawful
money of the United States,for the payment of wnach 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 wosigns, 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 Caty, Its officers,agents and employees,as
therein stipulated, then this obligation shall become null and vold;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 attomey's
fees,Incurred by City in succmfully 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 witnese whamnf.th+c rns`-rument has peen duly executed by the principal and surety above
named,on February 20 .20. 07.
Principal: BN 312 L. .. ��
By:
(Pri
1 .
Surety; ELOPER SURETY A NDEMNITY COMPANY
By,
(Surety)
Cynthia Tcag,,TTORNTEY-IN-FACT
City of Fresno Subdivision Bonds.max
SubDiv-City of Fresno.max
i
CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT
State of California
County of Fresno
On February 20,2007 before me, Donna M. Smith
Name and Title of Officer(e.g.,"Jane Doe,Notary Public")
personally appeared Cynthia Sauceda
Name(s)of Signer(s)
® personally known to me -OR- ❑ 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
DONNA M.SMITH signature(s) on the instrument the person(s), or the entity upon
COMM. #1563385 behalf of which the person(s) acted, executed the instrument.
�-
NOTARY PUBLIC CALIFORNIA
FRESNO COUNTY WITNESS my hand d official seal.
My Comm.Expires Apr.19,2009
Signature of Notary Public
----------------------------------------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 Document
Title or Type of Document:
Document Date: Number of Pages:
Signer(s)Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: Signer's Name:
❑ Individual ❑ Individual
❑ Corporate Officer ❑ Corporate Officer
❑ Titles(s): ❑ Title(s):
❑ Partner- ❑ Limited ❑ General ❑ Partner- ❑ Limited ❑ General
❑ Attorney-in-Fact ❑ Attorney-in-Fact
❑ Trustee ❑ Trustee :gC1=1 fill
❑ Guardian or Conservator . ❑ Guardian or Conservator
❑ Other: To of Thumb here ❑ Other: Top of Thumb here
Signer Is Representing: Signer Is Representing:
BID-1 133 09/00
POWER OFATT'ORNEY FOR
DEVELOPERS SURET'YAND INDEMNITY COMPANY
INDEMNITY COMPANY OFC.ALIFORNIA
I'O BOX 19725,IRVINI.CA 92623 (949)263-3300
KNOW ALL MEN BY THESE:['RESENTS,that except as expressly limited. DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY
COMPANY OF CALIFORNIA,do each,hereby make,constitute and appoint:
***Wayne Lamb, Mark E. Smith, Cynthia Sauceda, Donna M. Smith, jointly or severally***
as their true and lawful Attorney(s)-in-Fact,to make,execute,deliver and acknowledge,for and on behalfof said corporations,as sureties,bonds,undertakings
and contracts of suretyship giving and granting unto said Attorney(s)-in-Fact full power and authority to do and to perform every act necessary,requisite or proper
to be done in connection therewith as each of said corporations could do,but reserving to each of said corporations full power of substitution and revocation,and
all of the acts ofsaid Attorney(s)-in-Fact,pursuant to these presents,are hereby ratified and confirmed.
']'his Power ofAnorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of
DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA.effective as of November 1.2000:
RESOLVED,that the Chairman of the Board.the President and any Vice President of the corporation be,and that each of themm hereby is,authorized to
execute Powers ofAttornev,qualifying the attornev(s)named in the Powers ofAnorney to execute,on behalfof the corporations,bonds,undertakings and contracts
of suretyship;and that the Secretary or any Assistant Secretary of the corporations be,and each of them hereby is,authorized to attest the execution of any such
Power of Attorney;
RESOLVED,FURTHER,that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by
facsimile,and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in
the future with respect to any bond,undertaking or contract of suretyship to which it is attached.
IN WITNESS WHEREOF,DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused
these presents to be signed by their respective Executive Vice['resident and attested by their respective Secretary this Ist clay of December. 2005.
13y: o� AND��0., OPANVO
David H.Rhodes,Executive Vice-President :'Q �e' G� �POq
yJ:VORPORA 'y ti 00 q�� .7
?� OCT. i< z ? OCT.5 T'
'_y`: 10 :0 W 1967
Walter A.Crowell,Secretary i�7�O,./OWP. ,*�aa,,z OFOR� a
STATE OF CALIFORNIA
COUNTY OF ORANGE
On December I,2005 before me,Gina L.Gamer, Notary Public(here insert name and title of the officer), personally appeared David H.Rhodes and
Walter A.Crowell,personally known to me(or proved to me on the basis of satisfactory evidence)to be the person(s)whose nanme(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 behalfof which the person(s)acted•executed the instrument.
WITNESS my hand and official seal.
GINA L.GARNER
COMM.# 1569561
Signature. (SEAL) NOTARY PUBLIC CALIFORMA
ORANGE COUNTY
My comet.expires May 13,2009
CERTIFICATE
The undersigned,as Assistant Secretary,of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,
does hereby certify that the foregoing Power ofAttomey remains in full force and has not been revoked,and furthermore,that the provisions of the resolutions of
the respective Boards of Directors of said corporations set forth in the Power of Attorney,are in force as of the date of this Certificate.
This Certificate is executed in the City of Irvine,California,the 2 0 fty of �_
ih ,
By JJ'
Albert Hillebrand, Assistant Secretary
ID-13S0(Rev. I2/05)
Finance Control No.
City of Fresno
Security Deposit Form
To: Finance Department - Accounting Division
From: Rose Saldivar - Public Works Department
CD Passbook Other Subdivision Improvement Payment Bond
Deposited At: Developers Surety &Indemnity Company
Certificate/Acct. No: 569475S
Deposit Amount: $864,000.00 Maturity Date:
Depositor: Name: Bonadelle Homes, Inc.
Address: 7030 N. Fruit, Suite 100 Fresno, Ca. 93711
Street City/State Zip
Job Address: Tract 5312
Received By: Rose Saldivar, Public Works Engineering Date: 4/24/07
Authorization to Release
Signature Date
Release To: Name:
Address:
Street City/State Zip
,..�� e.�� ! 3,.. .�" °.�-sue � �'��'�� %•- _&�- - ... ,.,:fir .xw��„_. �- �, 3�.,. : ,:; k ,.;w �'�'w�" � �
■
r
Bond No., 569475S
Premium Included in Performance Bond
SUBDIYISX0"IMPROVEMENT
PAYMENT BOND
whereas ti,m m4—r..,.. , sf the City of Fresno,State of California,and
BN5312 L.P.. ('principal")
have entered or will be entering into an agmement whereby the principal agrees to install and
complete certain designated public ImprouAments,which agreement,identified as Subdivision
Agreement for the Final map of Tract No. 5312/UGM is hereby referred to and made a part
hereof; and
Whereas,under the terms of the agreement,the principal is required before entering upon the
perrormance of the work,to file a good and sufficient payment bond with the City of Fresno
("Clty')to secure the claims to which reference is made In'intle 15(commencing with Section
3082)of Part 4 of Division 3 of the Civil Code of the State of California.
Now,therefore,the principal and DEVELOPERS SURETY AND INDEMNITY COMPANY ,as
Corporate surety,are held firmly bound unto the City and all contractors,subcontractors,laborers,
materialmen,and other persons employed in the performance of the agreement and referred to In
TIN 15 (commencing with Section 30821 of Rwrt 44 of Division 3 of the Civil Code in the sum of
Eig�i e t Hundred Sixty-Four Thousand and No/100------------------------- dollars
( , 864 ng�0(1n j,far materials furn)$hed or labor thereon of any kind,or for amounts due
under the Unemployment Insurance Act rvlth 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 at'torney'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 forte 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, is instrument has "en duly executed by the principal and surety above
named,on Fe a 20 ,24 07
Principals B 312 L. ..
By.,
(Princl 1)
su;�tFTTORNEY-IN-FACT
SURETY INDEMNITY COMPANY
By. rety)
Cynthia Sau
City of Fresno Subdivision Bonds.max
SubDiv-City of Fresno.max
e
CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT
State of California
County of Fresno
On February 20,2007 before me, Donna M. Smith
Name and Title of Officer(e.g.,"Jane Doe,Notary Public")
personally appeared Cynthia Sauceda
Name(s)of Signer(s)
Z personally known to me -OR- ❑ 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
Al signature(s) on the instrument the person(s), or the entity upon
DONNA M.SMITH behalf of which the person(s) acted, executed the instrument.
COMM. #1563385 -�
NOTARY PUBLIC-CALIFORNIA WITNESS m
~ FRESNO COUNTY y hand avq official seal.
%FIMY
Comm.Expires Apr.19,2009
Signature of Notary Public
----------------------------------------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 Document
Title or Type of Document:
Document Date: Number of Pages:
Signer(s)Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: Signer's Name:
❑ Individual ❑ Individual
❑ Corporate Officer ❑ Corporate Officer
❑ Titles(s): ❑ Title(s):
❑ Partner-❑ Limited ❑ General ❑ Partner- ❑ Limited ❑ General
❑ Attorney-in-Fact ❑ Attorney-in-Fact
❑ Trustee . El Trustee
❑ Guardian or Conservator . ❑ Guardian or Conservator -
❑ Other: Top of Thumb here ❑ Other: Top of Thumb here
Signer Is Representing: Signer Is Representing:
BD-1133 09/00
o
POWER OFATT•ORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
INDEMNITY COMPANY OF CALIFORNIA
PO 130X 19725,IRVINEi.CA 9262.3 (949)263-3300
KNOW ALL MEN BY THESE" PRESENTS,that except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY
COMPANY OF CALIFORNIA,do each,hereby make,constitute and appoint:
***Wayne Lamb, Mark E. Smith, Cynthia Sauceda, Donna M. Smith, jointly or severally***
as their true and lawful Attorney(s)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf of said corporations,as sureties•bonds,undertakings
and contracts of suretyship giving and granting unto said Attorneys)-in-Fact full power and authority to do and to perform every act necessary.requisite or proper
to be done in connection therewith as each of said corporations could do.but reserving to each of said corporations full power of substitution and revocation,and
all of the acts of said Attortcy(s)-in-Fact,pursuant to these presents,are hereby ratified and confirmed.
This Power of Atlomey is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of
DEVELOPERS SURF,TY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA.effective as oFNovember I.2000:
RESOLVED,that the Chairman of the Board,the['resident and any Vice President of the corporation be,and that each of them hereby is,authorized to
execute Powers of Attorney,qualifying the atiorney(s)named in the Powers ofAttomey to execute,on behalfof the corporations,bonds,undertakings and contracts
of suretyship;and that the Secretary or any Assistant Secretary of the corporations be,and each of them hereby is,authorized to attest the execution of any such
Power of Attorney;
RESOLVED,FURTHER,that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by
facsimile,and any Such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in
the future with respect to any bond,undertaking or contract of suretyship to which it is attached.
IN WITNESS WHEREOF,DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused
these presents to be signed by their respective Executive Vice President and attested by their respective Secretary this I st day of December, 2005.
Bv: .•��( AND j�o., OM?ANY
David H.Rhodes,Executive Vice-President F Q F O PPOq
yJ;GOµPORgTF.�ti;' ti 00 '1F
-'Cf= OCT. <5 Z ? OCT.5 Tt
a 10 c c� W 1967
By: 1 9 3 6 a �Ti Oq(lF
Walters.Crowell,Secretary 7 .low, ,;*'•a••,, O
STAI"E OF CALIFORNIA
COUNTY OF ORANGE:
On December I,2005 before me,Gina L.Gamer, Notary Public(here insert name and title of the officer), personally appeared David H.Rhodes and
Walter A.Crowell,personally known to me(or proved to me on the basis of satisfactory evidence)to be the person(s)whose nante(s)is./are subscribed to the within
instrument and acknowledged to me that he/she"they executed the same in hisilier./their authorized capacity(ies),and that by his/her/their signature(s)on the instrument
the person(s),or the entity upon behalfof which the person(s)acted•executed the instrument.
WITNESS my hand and official seal.
GINA L.GARNER
COMM.# 1569561
NOTARY PUBLIC CALIFORNIA
Signature (SEAL) 3 ORANGE COUNTY
iMy comm.expires May 13,2009
CERTIFICATE,
The undersigned,as Assistant Secretary,of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,
does hereby certify that the foregoing Power ofAttomey remains in full force and has not been revoked,and furthermore,that the provisions of the resolutions of
the respective Boards of Directors of said corporations set forth in the Power ofAttomey,are in force as of the date of this Certificate.
This Certificate is executed in the City of Irvine,California,the_2_()t�day of
i
By
Albert Hillebrand, Assistant Secretary
ID-1390(Rev. 12/05)
d '
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