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HomeMy WebLinkAboutT-5466 - Cashier Memo - 7/1/2015 City of MEMORANDUM C�CI�\��u�, rn�w:%V,Igo_ - PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: July 1, 2015 TO: MARIE GERDES Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO. 5466 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$1,156,000.00 2. Payment Bond in the amount of$608,500.00 3. Check in the amount of$61,000.00 (Citibank, N.A. No. 02687890) 4. Check in the amount of$52,686.95 (Citibank, N A. No. 02687884) 5. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bar#el ity I ff MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: July 1, 2015 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 5466 Attached are original bonds required for the subdivision agreement for the Final Map. Please review the following bonds for conformity to City acceptance policies: 1. Performance Bond in the amount of: $1,156,000.00 2. Payment Bond in the amount of: $608,500.00 If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel N b W Approved pproved wl gas U _ Igned Bond No.: 024062358 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno, State of California, and KB Home Central Valley Inc. ("principal')will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements,which said agreement, identified as Subdivision Agreement for the Final Map of Tract No. 5466 , is hereby referred to and made a part hereof;and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now therefore,we, the principal and Liberty Mutual Insurance Company , as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of One Million One Hundred Fifty Six Thousand and 001100 dollars ($ 1.156.000.00 ) 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 June 25th .20 15 Principal: KB Home C a e i By: (Princip1) S rety: b ny Witual lnsurance Company (.S Y Br nda Wong, Attorney-in-FaCt CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE §1189 1 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 Los Angeles JUN 2 5 2015 On before me, Kari Davis, Notary Public, personally appeared Brenda Wong who proved to me on the basis of satisfactory evidence to be the person(-,) whose name(&) is/aFesubscribed to the within instrument and acknowledged to me that 4e/she/t4ey executed the same in 4i-,/her/the4 authorized capacity(ie6}, and that by 4+s/her/the+l=signature(-,) on the instrument the person(&), or the entity upon behalf of which the person(&) 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. (seal) Signature ; Kari Davis, Notary Public KAKI DAVIS Commission#2042909 1=`� Notary Public-California z Los Angeles County n MV Comm.Ex (res Se 26.2017 THIS,POWFR OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. This Power of Attorney limits the acts of those named herein,and they have no authority to bind the Company except in the manner and to the extent herein stated. ' Certificate No. G333413 American Fire and Casualty Company Liberty Mutual Insurance Company The Ohio Casualty Insurance Company West American Insurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS: That American Fire&Casualty Company and The Ohio Casualty Insurance Company are corporations duly organized under the laws of the State of New Hampshire,that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts,and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies'),pursuant to and by authority herein set forth,does hereby name,constitute and appoint, Brenda Wan •Irene La u;Jeff re y Strassnor•Kari Davis;Kai hy R-Mair,•Machette Larkin•Natalie K.Trofimoff•Patricia S.Talavera;Tenzer V. Cunningham all of the city of Los Angeles state of CA each individually if there be more than one named,its true and lawful attomey-in-fact to make,execute,seal,acknowledge and deliver,for and on its behalf as surety and as its act and deed,any and all undertakings,bonds,recognizances and other surety obligations,in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF,this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 30th day of October 2013 - American Fire and Casualty Company M - The Ohio Casualty Insurance Company y Liberty Mutual Insurance Company m _ West American Insurance Company N ami BY: C STATE OF WASHINGTON ss Gregory VV-Davenport.Assistant Secretary C COUNTY OF KING ra � d On this 30th day of October , 2013, before me personally appeared Gregory W. Davenport,who acknowledged himself to be the Assistant Secretary of American C I-- c) 4) Fire and Casualty Company,Liberty Mutual Insurance Company,The Ohio Casualty Company,and West American Insurance Company,and that he,as such,being authorized so to do, Tf~ C 2 execute the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. =W a`) > IN WITNESS WHEREOF,I have hereunto subscribed my name and affixed my notarial seal at Seattle,Washington,on the day and year first above written. O G �..: By: Imo, o G i KO Riley.NoO4 Public d _ - � 3M aiC of o� ; IL L This Power of Attorney is made and executed pursuant to and by authority ofthe following By-laws and Authorizations of American Fire and Casualty Company,The Ohio Casualty Insurance to p Company,Liberty Mutual Insurance Company,and West American Insurance Company which resolutions are now in full force and effect reading as follows: e t3)U) to i ARTICLE IV-OFFICERS-Section 12.Power of Attorney.Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President,and subject p r- d) to such limitation as the Chairman or the President may prescribe,shall appoint such attomeys-in-fact,as may be necessary to act in behalf of the Corporation to make,execute,seal, >4) p= acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attorneys-in-fact,subject to the limitations set forth in their respective 3 E powers of attorney,shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so y G executed,such instruments shall be as binding as if signed by the President and attested to by the Secretary.Any power or authority granted to any representative or attomey-in-fact under > 4- '- the provisions of this article may be revoked at any time by the Board,the Chairman,the President or by the officer or officers granting such power or authority. 04 _RT = ARTICLE XIII-Execution of Contracts-SECTION 5.Surety Bonds and Undertakings.Any officer of the Company authorized for that purpose in writing by the chairman or the president, 00 > i and subject to such limitations as the chairman or the president may prescribe,shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Company to make,execute, N p seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attorneys-in-fact subject to the limitations set forth in their � Z v respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so v o executed such instruments shall be as binding as if signed by the president and attested by the secretary. C rp Certificate of Designation-The President of the Company,acting pursuant to the Bylaws of the Company,authorizes Gregory W.Davenport,Assistant Secretary to appoint such ~ attomeys-in-fact as may be necessary to act on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Authorization-By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with the same force and effect as though manually affixed. I,David M.Carey,the undersigned,Assistant Secretary,of American Fire and Casualty Company,The Ohio Casualty Insurance Company,Liberty Mutual Insurance Company,and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full,true and correct cop ygft¢@�o�verrofAttorney executed by said Companies, is in full force and effect and has not been revoked. JJ��JJ jN� L J C IN TESTIMONY WHEREOF,I rave hereunto set my hand and affixed the seals of said Companies this day of .20 By: rtt�r /`' David M.Carey,Assistant Secretary 295 of 500 LMS 12873 092012 A notary public or other officer completing this certificate verifies only the CALIFORNIA ALL-PURPOSE identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. CERTIFICATE O F State of California ) ACKNOWLEDGMENT = County of ) Onbefore me, �- r (here inse nam4 and title of the officer) personally appeared ���_ � n o i�• _-_ ^_ F E f 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. _ ' :; tl,rr:!�'1*.Ut:.OpawtftrRtilA�` WITNESS my hand and official seal. ~`' �f' Signature (Seal) OPTIONAL INFORMATION Although the information in this section is not required by law,it could prevent fraudulent removal and reattachment of this acknowledgment to an unauthorized document and may-prove useful to persons relying on the attached document. Description of Attached Document The preceding Certificate of Acknowledgment is attached to a document Method 770 ation Proved to me onf satisfactory evidence: titled/for the purpose of ry LQ form(s)of icredible witness(es) E Notarial event is detailed in notaryjournal on: containingpages,and dated Page# Entry H s The signer(s) capacity or authority is/are as: Notary contact: ❑ Individual(s) other s ❑ Attorney-in-Fact � E] Additional Signer(s) E] Signer(s)Thumbprint(s) El Corporate Officer(s) Tltls(31 ❑ _ F ❑ Guard ian/Conservator p ❑ Partner-Limited/General ❑ Trustee(s) ❑ Other: i representing: Name(s)of Person(s)or Entity(les)Signer is Representing rer.>n.n•m+w.rmnr�r�+e.,r,wrru�w.,.r.nmw.•.c.,.rry:.aa..,:yc+�wmixyas+.e.o.m.newea+nr+.vwc,n.vnanmv...r>.,�,.neiE�..an,iron:w.,r,nMo,v.umx...jai.,norvmsorwafai.aherw�.rwrmnewrm..xrxw.,,.rxrcwrr ®Capyright 2007-2014 Notary Rotary,Inc PO Box 41400,Des Moines,IA 50311-0507. All Rights Reserved- Item Number 101772 Please contact your Authorized Reseller to purchase copies of this form- Bond No.: 024062358 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the City Council of the City of Fresno, State of California,and KB Home Central Valley Inc. ("principal") have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, identified as Subdivision Agreement for the Final Map of Tract No. 5466 . 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 Liberty Mutual insurance GompanX as corporate surety, are held firmly bound unto tiro City and all contractors, subcontractors, laborers, material men, and other persons employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of Six Hundred Eight Thousand Five Hundred and 00/100 dollars ($608,500.00 ),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 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 June 25th 20 15 Principal; K8 Home Central aIle Inc. By: (principal ^ y Gw t?}: i rb itua u ce Cc y By: a Z (Surety) eBrendaWon ttorney-in-Fact 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 County of Los Angeles JUN 2 5 2015 On before me, Kari Davis, Notary Public, personally appeared Brenda Wong who proved to me on the basis of satisfactory evidence to be the person(&) whose name(&) is/aFe-subscribed to the within instrument and acknowledged to me that 4e/she/#,,,-y executed the same in 4i-,/her/the+F authorized capacity4es4, and that by 4is/her/the+-signature(-') on the instrument the person(&), or the entity upon behalf of which the person(&) 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. (seal) Signature �� � Kari ❑aVis, Notary Public KARI DAVIS i Commission#2042909 a {�+► Notary Public-California a Los Angeles County MY Comm.Expires Sep 26.2017 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. This Povkr of Attorney limits the acts of those named herein,and they have no authority to bind the Company except in the manner and to the extent herein stated. Certificate No. 6333412 American Fire and Casualty Company Liberty Mutual Insurance Company The Ohio Casualty Insurance Company West American Insurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS: That American Fire&Casually Company and The Ohio Casualty Insurance Company are corporations duly organized under the laws of the State of New Hampshire,that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts,and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies"),pursuant to and by authority herein set forth,does hereby name,constitute and appoint, Brenda Won •Irene Lau:Jeffrey Strassner Kari Davis•Kathy A.Mair•Mechelle Larkin Natalie K.Trofimotf=Patricia S.Talavera-Tenzer V. Cunningham all of the city of Los Angeles state of CA each individually if there be more than one named,its true and lawful attomey-in-fact to make,execute,seal,acknowledge and deliver,for and on its behalf as surety and as its act and deed,any and all undertakings,bonds,recognizances and other surety obligations,in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF,this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 301h day of October 2013 American Fire and Casualty Company The Ohio Casually insurance Company �+ Liberty Mutual Insurance Company e West American Insufance Company N N � By. Gregory&Davenporl,Assistant Secretary = C STATE OF WASHINGTON ss � COUNTY OF KING = dis _ On this 301h day of October , 2013,before me personally appeared Gregory W. Davenport,who acknowledged himself to be the Assistant Secretary of American m� u d Fire and Casually Company,Liberty Mutual Insurance Company,The Ohio Casually Company,and West American insurance Company,and that he,as such.being authorized so to do. Ural 0.2 execute the foregoing insirumenI for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. > IN WITNESS WHEREOF,I have hereunto subscribed my namea nd affixed my notarial seal at Seattle,Washington,on the day and year first above written, 0 C c•N Sy. 04 0 i KD Riley,NoO4 Public L do ++ � ✓y � =L This Power of Attorney is made and executed pursuant to and by authority of the following By-laws and Authorizations of American Fire and Casually Company,The Ohio Casually Insurance to p Company,Liberty Mutual Insurance Company,and West American Insurance Company which resolutions are now In full force and effect reading as follows: C a t3Y N w Gi ` ARTICLE IV—OFFICERS—Section 12.Power of Attorney.Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President,and subject p N to such limitation as the Chairman or the President may prescribe,shall appoint such attomeys•in•fact,as may be necessary to act in behalf of the Corporalion to make,execute,seal, o= acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surely obligations.Such attorneys-in-fact,subject to the limitations set forth in their respective C3 E powers of attorney,shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so G executed,such instruments shall be as binding as if signed by the President and attested to by the Secretary.Any power or authority granted to any representative or attomeyin•fact under > the provisions of this article may be revoked at any time by the Board,the Chairman,the President or by the officer or officers granling such power or authority. .0 ARTICLE XIII—Execution of Contracts—SECTION 5.Surety Bonds and Undertakings.Any officer of the Company authorized for that purpose in writing by the chairman or the president, 00 > L and subject to such limitations as the chairman or the president may prescribe,shall appoint such allomeys-in-fact,as may be necessary to act in behalf of the Company!o make,execute, E seal,acknowledge and deliver as sure an and all undertakings, bonds,recognizances and other sure obligations. Such attome O � 9 h' Y 9 � 9 surety $ ys•in•facl subject to the ilmilations set forth in their Z 0 respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so 0 o executed such instruments shall be as binding as if signed by the president and attested by the secretary. V- o""? Certificate of Designation—The President of the Company,acting pursuant to the Bylaws of the Company,authorizes Gregory W.Davenport,Assistant Secretary to appoint such ~r attomeys-in-fact as may be necessary to act on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Authorization—By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with the same force and effect as though manually affixed. I,David M.Carey,the undersigned,Assistant Secretary,of American Fire and Casualty Company,The Ohio Casualty Insurance Company,Liberty Mutual Insurance Company,and West American Insurance Company do hereby certify that the original power of attomey ofwhich the foregoing is a full,true and correct copy of the Power ofAttomey executed by said Companies, is in full force and effect and has not been revoked. JUN IAI A 5 2015 IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed the seals of said Companies this day of J U IV G J .20 By. rr David M_Carey,Assistant secretary 294 of 500 LMS 12873 092012 .... .. . . ... .. �:.Yiif•[fi o.5ii..,ifi....: �fyn.yn iy_fn�;.ie•5fu- r.1i[v:.i A notary public or other officer completing this certificate verifies only the CALIFORNIA A L L-PURPOSE identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. CERTIFICATE OF State of California ) ACKNOWLEDGMENT County of G IP ) c. On KP7 before me, U. rrr i v ( ere nsett name and title of the a cer) personally appeared r 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 t 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. IV- �:.- J a�'%, G[1f�✓.� 2(192473 IIpp &r rlc*raYlfiretic•efit.iPaeIRA u! �•'µ' c7mllf or PIAcER a WITNESS my hand and official seal. ;,o l�Ycor: -2�' i 3 Signature (Seal) OPTIONAL INFORMATION Although the information in this section is not required by law,it could prevent froudulenr removal and reattachment of this acknowledgment to an unauthorized document and may prove useful to persons relying on the attached document. 3 Description of Attached Document The preceding Certificate of Acknowledgment is attached to a document Method of Signer Identification titled/for the purpose of Proved to me on the basis of satisfactory evidence: Lo form(s)of identification Q credible witness(es) - Notarial event is detailed in notaryjournal on: containing pages,and dated Page# Entry# Kr The signer(s) capacity or authority is/are as: Notary contact: ❑ Individual(s) Other 4 ❑ Attorney-in-Fad ❑ ❑ Additional Signer(s) ❑ Signer(s)Thumbprint(s) Corporate Officer(s) i _ 7irfefsl ❑ e R ❑ Guardian/Conservator R ❑ Partner-Limited/General ❑ Trustee(s) ❑ Other: % representing: Name(s)of Person(s)or Entity(tes)Signer is Representing y >•f•r<xfrr;*,rnw..n rwwr,an.>rnarrsfnn.nrnfxvaf+w.na>woo„nrrxnrxomwnr.oaa...renwnn...a,•„w.:,..xrwwn.rr»rrumn.vrrm�...>.,.m-afv.n.r�n.amr wnn..,,,.rxr»�m.r..nor..o..rawf.n:nw..M.eyar.,wn..m-.or rran� OCapyright 2007-2014 Notary Rotary,Inc.PO Box 41400,Des Moines,IA 503 11-0507. All Rights Reserved. Item Number 101772 Please contact your Authorized Reseller to purchase copies of this form Company Profile Pagel of 2 CALIFORNIA bDEPARTMENT OF , COMPANY PROFILE Company Profile Company Search Company Information Company Information LIBERTY MUTUAL INSURANCE COMPANY Old Company 175 BERKELEY ST Names BOSTON, MA 02116 Agent for Service 800-526-1547 Reference Information Old Company Names Effective Date NAIC Group List Lines of Business Agent For Service Workers' Compensation KARISSA LOWRY Complaint and C/O CORPORATION SERVICE COMPANY Request for 2710 GATEWAY OAKS DRIVE, SUITE 150N Action/Appeals SACRAMENTO CA 95833 Contact Information Financial Statements Reference Information PDF's Annual Statements Quarterly NAIC #: 23043 Statements California Company ID #: 1022-3 Company Complaint Company Date Authorized in California: 08/30/1929 Performance& Comparison Data License Status: UNLIMITED-NORMAL Company Company Type: Property&Casualty Enforcement Action Composite I State of Domicile: MASSACHUSETTS Complaints Studies Additional Info back to top Find A Company Representative In Your Area NAIC Group List View Financial Disclaimer NAIC Group #: 0111 LIBERTY MUT GRP Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT DISABILITY FIRE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyPr... 7/1/2015 Company Profile Page 2 of 2 SURETY TEAM AND VEHICLE WORKERS' COMPENSATION back to top © 2008 California Department of Insurance https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyPr... 7/1/2015 Liberty Mutual Insurance Company - Company Profile - Best's Credit Rating Center Page 1 of 2 Ratings & Criteria Center I0 Welcome Back Heidi Briggs My Member Center,Log Out Regional Centers:Asia-Pacific I Canada I Europe,Middle East and Africa I Latin America I MENA&SCA Home I About Us I Contact Us I Sitemale Rating Search: Search »Advanced Search R�i Add to BestAlert Ratings&Criteria Print This page »Rating Process and Definitions+ _ »Methodology+ Credit Rating Releases+ Liberty Mutual Insurance Company (2) »Get a Credit Rating »Best's Special Reports A.M.Best#:002283 NAIC#:23043 FEIN#:041543470 »Add Best's Credit Ratings Search Domiciliary Address Assigned to �� Rip To Your Site 175 Berkeley Street insurance nisi »BestMark for Secure-Rated Boston,MA 02117 Insurers United States companies t »Contact an Analyst that have,in »Awards and Recognitions Web:www.LibertvMutualGrouD.com our opinion,an excellent ability to Phone:617-357-9500 meet their ongoing insurance News&Analysis Fax:617-574-5955 obligations. Products&Services Industry Information Based on A.M.Best's analysis,0511 14•DWirly Mutual Holding C.Atnpany Ir)C.is the AMB Ultimate Parent and identifies the Corporate „ topmost entity of the corporate structure View a list of operating insurance entities in this structure. Regulatory Affairs . Best's Credit Ratings Support&Resources ,> ,Financial Strength Rating View Definition _ ___ _ Best's Credit Rating Analyst Conferences and Events a Rating Issued b A-M Best Company,Inc. Rating: A(Excellent) 9 >' P y� Affiliation Code: p(Pooled) Senior Financial Analyst:W.Dolson Smith,Ph.D.,CFA Financial Size Category: XV($2 Billion or greater) Assistant Vice President:Michael J-Lagomarsino,CFA Outlook: Stable Action: Affirmed Disclosure lnforrnel Ion Effective Date: September 24,2014 1 Initial Rating Date: June 30,1922 1. ! View A-M Best's Rating Disclosure Statement A.M-Best Mating Sery{CBS Lon Term Issuer Credit RatingView Definition t Contact Inforrna0gn. —9..• — A.M.tlest Affirms Ratings of Liberty Mutual Holding Long-Term: a Comaany Inc and 11s 5utl7!idiades Outlook: Stable September 24,2014 Action: Affirmed Effective Date: September 24,2014 Initial Rating Date: November 23,2004 I u Denotes I1rWr I�YAIW erns FLYa Rating History A,M Best has provided ratings&analysis on this company since 1922 and it has received Secure ratings every year during the most recent 5 year historical period, Financial Strength _ 1 Long-Term Issuer Credit_ ] Effective Date Rating Effective Date Rating 9/24/2014 A(Excellent) 9/24/2014 a(Excellent) 8/14/2013 A(Excellent) 8/14/2013 a(Excellent) 7/26/2012 A(Excellent) 7/26/2012 a(Excellent) 6/16/2011 A(Excellent) 6/16/2011 a(Excellent) 6/11/2010 A(Excellent) 6/11/2010 a(Strong) Raled Issues Issue Ratings Datr�sauad Amount Coupon fc iie I= alln Effectivo bale Oud-kn-plication 05[71!1995 150,000,000 USD 8.505% Surplus Notes bbb+ 09/24/2014 Stable 10/09/1997 500,000,000 USD 7.697% Surplus Notes bbb+ 09/24/2014 Stable 10/16/1996 250,000,000 USD 7.875% Surplus Notes bbb+ 09/24/2014 Stable (i)Denotes Indicative Rating Related Financial and Analytical Data The following links provide access to related data records that A.M.Best utilizes to provide financial and analytical data on a consolidated or branch basis. AMB#Company Name Company DescNption 80 7069 Liberty Mutual Insurance Company CAB Represents the Property/Casualty financials for the Canada Branch of this 1!!221 enllty. RgpgrtS and News Visit Best's News and Analysis site for the latest news and Dress releases for this company and its A-M.Best Group- AMB Credit Report -includes Best's Financial Strength Rating and rationale along with comprehensive analytical II ; commentary,detailed business overview and key financial data. Report Revision Date:4/8/2015(represents the latest significant change). Historical Reports are available in AMB Credit Report Archive. http://www3.ambest.com/ratings/entities/CompanyProfile.aspx?ambnum=2283&URatingld... 7/1/2015 Liberty Mutual Insurance Company - Company Profile - Best's Credit Rating Center Page 2 of 2 Best's Executive Summary Reports(Financial Overview)-available in three versions,these presentation style reports feature balance sheet,income statement,key financial performance tests including profitability,liquidity and reserve analysis Data Status:2015 Best's Statement File-P/C,US Contains data compiled as of 6/30/2015 Quality Cross Checked, Single Company-five years of financial data specifically on this company. Comparison -side-by-side financial analysis of this company with a peer group of up to five other companies you select- Composite -evaluate this company's financials against a peer group composite.Report displays both the average and total composite of your selected peer group. 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ImportantNotice: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-5 Credit Ratings. 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DATE DESCRIPTION GROSS DEDUCTIONS AMOUNT PAID RCR 062415 06/24/15 REFUND PERFORMANCE DEPOSIT 61,000.00 61,000.00 ----------- ----- 61,000.00 61,000.00 VENDOR 1336821 City of Fresno THIS CHECK IS VOID W1 --TA GREEN&' '.UE BORDER AND BACKGROUND PLUS A KNIGHT&F1N4tRPRIN7 WATERMARK ON THE BACK_HOLD AT ANGLE T^-4W "HOME. 62.20,311 KB HOME Sacramento Inc. Citlbank,N.A NO. 02687890 One Penn's Way { 3005 Douglas Blvd.,Suite 250 New Castle DE 19720 38864461 Roseville,California 95661 VENDOR DATE AMOUNT 1336821 06/24/15 $****61, 000 . 00 PAY SIXTY ONE THOUSAND AND 00/100 ****************************************************** VOID IF NOT CASHED IN 60 DAYS TO City Of Fresno THE 2600 Fresno St . , 3rd F1 . ORDER Fresno CA 93721 OF �. ED S1-11-RE1 - V0 2 68 78 9011' 1:0 3 1 L 0 0 2091: 3886446 LII' REORDER 905-U 5 PATENT NO 5536290,5575508,5641183,5/85353,5984364 6030000 Ke HOME Sacramento Inc Account: 38864461 Stub 1 of 1 Date: 06/24/15 NO. 02687884 INVOICE NO. DATE DESCRIPTION GROSS DEDUCTIONS AMOUNT PAID RCR 062415 06/23/15 Final Map fees 52,686.95 52,686.95 -------- - - - ----- 52,686.95 52,686.95 VENDOR 1336821 City of Fresno "HOME_ Ke HOME Sacramento Inc Stub 1 of 1 Date: 06/24/15 NO. 02687884 INVOICE NO. DATE DESCRIPTION GROSS DEDUCTIONS AMOUNT.PAID RCR 062415 06/23/15 Final Map fees 52,686.95 52,686.95 ----------- ----------- ----------- 52,686.95 52,686.95 VENDOR 1336821 City of `TH'S CHECK IS VOID WITHOUT A GREEN l )RIDER AND BACKGROUND PLUS A KNIGHT&FINGERPRINT WATERMARK ON THE BACK--HOLD AT ANGLE 70 VIEW KB H O M Er 62.20,3„ `�",k KB HOME Sacramento Inc. Citlbank,N.A. NO. 02687884 .r One Penn's Way . 3005 Douglas Blvd.,Suite 250 New Castle DE 19720 38864461 Roseville, California 95661 VENDOR DATE AMOUNT 1336821 06/24/15 $****52, 686 . 95 PAY FIFTY TWO THOUSAND SIX HUNDRED EIGHTY SIXAND 951100 ******************************* VOID IF NQ HED IN 60 DAYS TO City Of Fresno / THE 2600 Fresno St . , 3rd Fl . ORDER Fresno CA 93721 11117S. r OF THp Ef,SIONATVRES 1110 268 788411' 1:0 3 L L00 2091: 3886446 LII'