Loading...
HomeMy WebLinkAboutT-5963 - Cashier Memo - 4/30/2013 City 0i IeI MEMORANDUM ff aV..y.►`_ PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: April 30, 2013 TO: BETH REUSCH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO. 5963 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of $219,000.00 2. Payment Bond in the amount of $115,000.00 3. Certificate of Deposit in the amount of $12,000.00 (California Bank &Trust) 4. Copy of receipt of credit card payment on 04/16/13 in the amount of $40,627.06 5. Copy of the Subdivision Agreement identifying itemized applicable charges If you have any questions, please contact me at 621-8684. Thank you. Jonath Bartel City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: April 29, 2013 TO: HEIDI BRIGGS �v Personnel Services Department ry <� FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 5963 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: $219,000.00 2. Payment Bond in the amount of: $115,000.00 If you have any questions, please contact me at 621-8684. Thank you, r'! d MAN ^ pnr Ved. ElN1ENj DIVISION 'N� veci a Jonathan Bartel S: Date 3 Bond No.: 7841705 Premium: $2,190.00 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas,the City Council of the City of Fresno, State of California, and Copper River Southwest, Inc., a California Corporation ("principal") will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for the Final Map of Tract No. 5963 is hereby referred to and made a part hereof;and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we, the principal and Developers Surety and Indemnity Company , as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of Two Hundred Nineteen Thousand and 001100 dollars($ 219,000.00 ) lawful money of the United States,for the payment of which sum well and truly to be made,we bind ourselves, our heirs, successors, executors and administrators,jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bounded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part,to be kept and performed at the time and in the manner therein specified,and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor,there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. In witness whereof, this instrument has been duly executed by the principal and surety above named, on April 10 2013 Principal:Co ear ' er Southwest, Inc. By: (Principal Surety: Pers Surety an mn- Company By: - ( U 'Y'1 .ayne amb,Attorney-in-Fact CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of FRESNO On April 10, 2013 before me, KIMBERLY WILSON,NOTARY PUBLIC, personally appeared Wayne Lamb, 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 the PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 5£a aF, KIMBERLY WILSON WITNESS my hand and official seal. COMM.#1885445 m 4 NOTARY PUBLIC-CALIFORNIAi FRESNO COUNTY n My Comm.Exp.April 10,2014 Si _ ture of Notary Wm OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER ❑ PARTNER(S) ❑ LIMITED ® ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) CA-ICw 24(7/00) POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO Box 19725,IRVINE,CA 92623 (949)263-3300 KNOW ALL 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: """Kyle Wilson, Cynthia Sauceda, Donna M Smith, DeAnna Slater, Gary E. Richards, Wayne Lamb,jointly or severally— as their true and lawful Attorneys)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf of said corporations,as sureties,bonds,undertakings and contracts of surety- ship giving and granting unto said Aftorney(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 of said Aftomey(s)-in-Fact,pursuant to these presents, are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Boards of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of January 1st,2008. RESOLVED,that a combination of any two of the Chairman of the Board,the President,Executive Vice-President,Senior Vice-President or any Vice President of the corporations be,and that each of them hereby is,authorized to execute this Power of Attorney,qualifying the attomey(s)named in the Power of Attorney to execute,on behalf of the corporations,bonds,undertakings and contracts of suretyship;and that the Secretary or anyAssistant Secretary of either 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 Attomey or to any certificate relating thereto by facsimile,and any such Power of Attomey or certificate bearing such facsimile signatures shall be valid and binding upon the corporations 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 officers and attested by their respective Secretary or Assistant Secretary this October 4th,2011, By. I ,,•APIi7, MPAN Y,, Daniel Young,Senior Vice-President 99oR .,Fy s, G� PPO,q 0 �`�`�=gip `w OCT. By: OCT.5 O B :o= 1967 Steve A.Tvedt,Vice-President =0�'• 1 9 36 a O Q State of California County of Orange On October 4,2011 before me, Antonio Alvarado,Notary Public Date Here Insert Name and Title of the Officer personally appeared Daniel Young and Steve A.Tvedt Name(s)of Signer(s) 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 At4TON10 ALVARADO capacity(ies),and that by hismer/their signatures)on the inst ument the person(s),or the entity upon behalf of COMM10643 which the person(s)acted,executed the instrument. � NOTARY PUf3iJC CALIFORNIA ORANGE COl1NTY � I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. My comm.expires 8,2'013 WITNESS my hand and official seal. Place Notary Seal Above Signature ' Antonio Alvarado,Notary Public CERTIFICATE The undersigned,as Secretary or Assistant Secretary of DEVELOPERS SURETY AND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA,does hereby certify that the foregoing Power of Attorney 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 isexecutedin the City of Irvine,California,this 10th day of April 2013 . By: ' Gregg Oku , istant Secretary ID-1380(Rev.10/11) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§ 1189 State of California County of Fresno On _Ao(%t a Z0( 3 before me, Cristina G. Lopez, Notary Public Date" J Here Insert Name and Title of the Officer personally appeared Darius Assemi Name(s)of Signer(s) 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 CRiSTINA G. his/her/their authorized capacity(ies), and that by Commission i 20" his/her/their signature(s) on the instrument the Notary Public-CdNwo person(s), or the entity upon behalf of which the Fresno County person(s) acted, executed the instrument. M. Expires Feb it,My I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature: �_ i� Place Notary Seal Above Signature bt 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: Corporate Officer—Title(s): ❑Corporate Officer—Title(s): ❑ Individual ❑ Individual ❑ Partner— I Limited ❑General Top of thumb here ❑ Partner—❑Limited ❑General Top of thumb here ❑ Attorney in Fact LI Attorney in Fact EI Trustee ❑Trustee ❑ Guardian or Conservator ❑Guardian or Conservator ❑ Other: ❑Other: Signer Is Representing: Signer Is Representing: .`�G'�Sa`��'�>e„���G't hS�`�=�:x,C:`� ^c�tF��= ���St✓4>'t=r�:.kr�,�:�-�^�s.�s,����.^ U'��u^�.:fca�Sa'!?.4'�=[i`��`�G`r-k�`�%U`�`f_.5'�-'K'�=4�. 02010 National Notary Association•NationalNotary.org•1-800-US NOTARY(1-800-876-6827) Item 95907 Bond No.: 784170S Premium: Included SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the City Council of the City of Fresno, State of California, and Copper River Southwest Inc. a California Corporation ("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. 5963 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 Develoers Surety and Indemnity Company ,as corporate surety, are held firmly bound unto the City and all contractors, subcontractors, laborers, material men, and other persons employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of One Hundred Fifteen Thousand and 001100 dollars ($ 115,000.00 ), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor, that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond,will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. it is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on April 10 2013 Principal:Coo er River Southwest, Inc. _ By: 'P .ncipal) Surety:-Q , rs Suret and emni C n By: `uret WayneXamb. Att ey-in-Fact CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of FRESNO On April 10, 2013 before me, KIMBERLY WILSON,NOTARY PUBLIC, personally appeared Wayne Lamb, 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 the PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. KIMBERLY WILSON WITNESS my hand and official seal. COMM.#1885445 N hIOTARY PUBLIC-CALIFORNIAV, r FRESNO COUNTY OF My Comm.Exp,April 10,2014 Signature Notary OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER ❑ PARTNER(S) ❑ LIMITED ® ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTITY(IES) CA-ICW 24(7/00) POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO Box 19725,IRVINE,CA 92623 (949)263-3300 KNOW ALL 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: """Kyle Wilson, Cynthia Sauceda, Donna M Smith, DeAnna Slater, Gary E. Richards,Wayne Lamb,jointly or severally— as their true and lawful Attomey(s)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf of said corporations,as sureties,bonds,undertakings and contracts of surety- ship 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 of said Attomey(s)-in-Fact,pursuant to these presents, are hereby ratified and confirmed. This Power of Attomey is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Boards of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effective as of January 1st,2008. RESOLVED,that a combination of any two of the Chairman of the Board,the President,Executive Vice-President,Senior Vice-President or any Vice President of the corporations be,and that each of them hereby is,authorized to execute this Power of Attorney,qualifying the attomey(s)named in the Power of Attorney to execute,on behalf of the corporations,bonds,undertakings and contracts of suretyship;and that the Secretary or any Assistant Secretary of either of the corporations be,and each of them hereby is,authorized to attest the execution of any such Power of Attomey; RESOLVED,FURTHER,that the signatures of such officers may be affixed to any such Power of Attomey 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 corporations 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 officers and�attested by their respective Secretary or Assistant Secretary this October 4th,2011. G2'�su�' By: o��NAMD,jyO,., OMpANY0�c Daniel Young,SeniorVice-President ,=J`r;:?,go P.4 ,F�, s GV POR G, UJ OCT. c ? OCT.5 ��9n Z. 10 By. 1 9 3 6 t o E W 1967 Zu Steve A.Tvedt,Vice-President Q IF State of California County of Orange On October 4,2011 before me, Antonio Alvarado,Notary Public _ Date Here Insert Name and Title of the Officer personally appeared Daniel Young and Steve A.Tvedt Name(s)of Signer(s) 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 helshelthey executed the same in hislheritheir authorized ANTONIO ALVARADO 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. CQMM.M 1660643 NOTARY PUBLIC CAL FORNIA I certify under PENALTY OF PERJURY under the laws of the State of Californiainia that the fore ORNG AE COUNTY ra foregoing paragraph is true and correct. My comm,mplres A_%8,2013 �� WITNESS my hand and official seal. Place Notary Seal Above Signature ' Antonio Alvarado,Notary Public CERTIFICATE The undersigned,as Secretary or Assistant Secretary of DEVELOPERS SURETYAND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA,does hereby certify that the foregoing Power of Attorney 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 isexecutedin the City of Irvine,California,this 10th day of April 2013 . By: '!r ezzel� regg Okur, slant Secretary ID-1380(Rev.10/11) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE§ 1189 State of California County of Fresno On � I lIIJJJ �(1 before me, Cristina G. Lopez, Notary Public r Date r Here Insert Name and Title of the Officer personally appeared Darius Assemi Name(s)of Signer(s) 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 CRISTIN A G. LOPEZ his/her/their signature(s) on the instrument the Ca1tMlMeeion 0 2004140 Newy Public-CAINN ly person(s), or the entity upon behalf of which the fnsno County person(s) acted, executed the instrument. MY Caaun.Ex .pIreS Feb 12, I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature: Place Notary Seal Above OPTIONAL Signature of Notary Public 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: 0 Corporate Officer—Title(s): 0 Corporate Officer—Title(s): ❑ Individual M. ❑ Individual ❑ Partner—❑Limited ❑General Top of thumb here ❑Partner—❑Limited D General Top of thumb here n Attorney in Fact 0 Attorney in Fact ❑ Trustee ❑Trustee ❑ Guardian or Conservator ❑Guardian or Conservator ❑ Other: ❑Other: l Signer Is Representing: Signer Is Representing: ©2010 National Notary Association•NationalNolary.org•1-800-US NOTARY(1-800-876-6827) Item#5907 Company Profile Page 1 of 2 Company Profile DEVELOPERS SURETY AND INDEMNITY COMPANY 17771 COWAN, SUITE 100 IRVINE, CA 92614 Agent for Service of Process SUSAN M. MOORE, 17771 COWAN SUITE 100 IRVINE, CA 92614 Unable to Locate the Agent for Service of Process? Reference Information NAIC #: 12718 NAIC Group #: 0075 California Company ID #: 4606-0 Date authorized in California: August 30, 1999 License Status: UNLIMITED-NORMAL Company Type: Property & Casualty State of Domicile: IOWA Lines of Insurance Authorized to Transact The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms,please refer to the glosspa. AUTOMOBILE BOILER AND MACHINERY BURGLARY FIRE LEGAL INSURANCE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER SURETY http://interactive.web.insurance.ca.gov/webuser/idb_Co_prof utl.get_coprof?p_EID=100... 4/29/2013 Company Profile Page 2 of 2 Company Complaint Information Company Enforcement Action Documents Company Performance & Comparison Data Composite Complaint Studies Want More? Help Me Find a Company Representative in My Area Last Revised-November 10,2012 10:58 AM Copyright©California Department of Insurance http://interactive.web.insurance.ca.gov/webuser/idb_Co_prof utl.get_co_prof?p_EID=100... 4/29/2013 w AUTOMATICALLY RENEWABLE C B CALIFORNIA BANK Nro u Txus3 ['RUST LL Y ISSUED AT FRESNO MAIN OFFICE FRESNO CA DATE 4/12/2013 W (CITY OR TOWN) (STATE) W 0 COPPER RIVER SOUTHWEST INC 1340023323 4 U0 (CUSTOMER NAME) (CUSTOMER NUMBER) - XXXXXTWF.T.VF. TNOITRANTI nnT.T.ARS ANT) Nn/1 nnXXXXXXXXXXXXXXXXXXXX DOLLARS $ **1 9.e nnn_nn** �j HAS TODAY BEEN DEPOSITED WITH CALIFORNIA BANK & TRUST PAYABLE TO CITY OF FRESNO OR ORDER UPON MATURITY 'Q U) AS HEREINAFTER SPECIFIED AND UPON PRESENTATION AND SURRENDER OF THIS CERTIFICATE,PROPERLY ENDORSED,AT THE ABOVE OFFICE. 0. THE MATURITY OF THIS CERTIFICATE WILL BE AFTER DATE,AND SUCH MATURITY WIL_BE AUTOMATICALLY EXTENDED FOR SUCCESSIVE LIKE PERIODS 0 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 Q RECORDS OF BANK'S ELECTION TO PAY THE DEPOSIT AT SUCH ORIGINAL OR ANY EXTENDED MATURITY,OR(B)UPON OR WITHIN TEN DAYS AFTER SUCH ORIGINAL OR ANY EXTENDED MATURITY DATE,THIS CERTIFICATE IS PRESENTED AND SURRENDERED FOR PAYMENT SAID DEPOSIT BEARS SIMPLE INTEREST AT THE RATE OF %PER ANNUM DATE HEREOF UNTIL ULTIMATE MATURITY,AS ABOVE PROVIDED,AND SUCH INTEREST WILL BE PA 1 J jam—i BE 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 OPS-1(05/09) r Account Number: 1-34009-3-923 Security Amount: $12,000.00 ASSIGNMENT (Subdivision Agreement) SECURITY FOR: COPPER RIVER SOUTHWEST, INC. Hereinafter called ASSIGNOR, whose principal place of business is 1396 W. Herndon 4101, Fresno, CA 93711 do (does) hereby assign, and set over to the City of Fresno of the State ofcalifornia, all right, title, and interest of whatever nature,of assignor, in and to the insured account of assignor in the CITY OF FRESNO, evidenced by CERTIFICATE OF DEPOSIT in the amount of $12,000.00 number i 34009 339 3 which is to be delivered to the City of Fresno herewith. Assignor agrees that this assignment caries 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 Tract 5963 Performance Security- —Year Term 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 the assignment. Dated this IOth day of April 12013 Copper River Southwest, Inc. a California Corporation By• Derek Hayashi, CF RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of Fresno of the State of California of written notice of the assignment to the City of the account identified above. We have noted in our records the City's interest in the account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Deposit Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim or obligation of the above identified account prior to the assignment to the City of Fresno. We agree to make payment to the City of Fresno upon request in accordance with the Commercial Banking laws applicable to the institution. Dated this 12TH day of April ,2013 California Bank&Trust, 7060 N. Fresno Street Fresno,CA 93720 Bank Name Branch Location City State By Name Title of Officer KRISTI SCHULTE — VICE PRESIDENT CUSTOMER SERVICE MGR m x cn r D X m ED 003 3 ti O m m CD m s - - _ o r m Z o N mm 3 m w H o CA C Q. c y Cz u W 0 N N S - a N N m R. m m Q m Ro Za w CITY OF FRESNO PARKING z N n T � z o v 2600 FRESNO ST RM go6q 'T1O m 0• FRESNO CA 93i'21 m > d H m m ` c 599 621-8816 ° u) o m v� m m Sg1619161303196 01 N " C ' n cc: + C D Merchant 10: 19101303196b1 f) a m o �` _W 1 S CD m N n " o ' n �D o a b Sale m -4 Z 2664 0 y M[y i C AI ICA - w a m Q .o C Entry Method: Swiped Total; a w a $ 90,62i,Ei6 co os 09I16113 m a 19:25:Sq 3 Inv4: 600002 z APPr Code: 582843 -+ m 4pprud: Online Batcha: 0006�8 Cn w °' o z m o I agree to Pao abovo total V according to card 1554er ayaeem itt (Merchant aerreioent if credit voucher} v Z m O w 1+ w C> --- rn m -4 r A co V z i-OPEZ'CRISTINA G -�� 0 0 0 rn o m Merchant Copy THANK YOO$ O COME AGAIN! 0o m D -n g poo SCO m Imo c 00 00 Z m 0 0 o to cz mcc �r 41 'o O m 00 0 03 c07 c M W D0 �v C 0 o 0 CD 0 0 v a w m m 0 0