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HomeMy WebLinkAboutT-6045 - Cashier Memo - 1/30/2015 Cify of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: November 26, 2014 TO: JANE MOUANOUTOUA Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REVISED SUBMITTAL OF PAYMENT FOR TRACT NO. 6045 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$1,262,000.00 2. Payment Bond in the amount of$664,000.00 3. Certificate of Deposit in the amount of$66,000.00 (California Bank &Trust) 4. Certificate of Deposit in the amount of$10,000.00 (California Bank &Trust) 5. Copy of receipts of credit card payment from Granville Homes on 11/07/14 in the amount of $50,000.00, $60,000.00, $80,000, $10,000, $48,516.08 and a refund of $12,060.00 on 11126114, totaling $236,456.08. 6. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: November 10, 2014 TO: JANE MOUANOUTOUA Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO. 6045 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$1,262,000.00 2. Payment Bond in the amount of$664,000.00 3. Certificate of Deposit in the amount of$66,000.00(California Bank&Trust) 4. Certificate of Deposit in the amount of$10,000.00 (California Bank &Trust) 5. Copy of receipts of credit card payment from Granville Homes on 11/07/14 in the amount of $50,000.00, $60,000.00, $80,000, $10,000 and $48,516.08 totaling $248,516.08. 6. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel City 01 ��� LMEMORANDUM llCt+ • � PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: November 7, 2014 TO: LORI NAJERA Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 6045 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: $1,262,000.00 2. Payment Bond in the amount of: $664,000.00 If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel RISK MANAGEMENT DIVISION �ppmed H I Ap�rdved w/Changes [_] 4 DOB Bond No.:703636S Premium: $12,620.00 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno,State of California,and Copper River 74, Inc.,a California Corporation ("principal")will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for the Final Map of Tract No.6045 , is hereby referred to and made a part hereof;and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now,therefore, we,the principal and Developers Surety and Indemnitv Company as surety, are held and firmly bound unto the City of Fresno ("City"),in the penal sum of One Million,Two Hundred Sixt Two Thousand and 0o110o dollars($ 1,262,000.00 ) 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 it 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 November 3 . 2014 Principal:Copper River 74, Inc_, a Califomia Corporation (Principa Sur t _DevelCyo ger Suret Indemni Com an BY_ _ (Soret ) nthia Sauce a, Attomey-in-Fact CALIFORNIA ALL—PURPOSE ACKNOWLEDGMENT State of California County of FRESNO On November 3,201.4 before me,KIMBERLY WILSON,NOTARY PUBLIC,personally appeared Cynthia Sauceda, proved to me on the basis of satisfactory evidence to be the person(s) whose name(s)islare 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 Califomia that the foregoing paragraph is true and correct. KIMBERLYWiLSCN WI'INF.SS my hand and official seal. Commission#2062659 a -+ Notary Public-California z Fresno County My Comm.Ex fres AE 10.2018 ) Signature of 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 I ❑ INDIVIDUAL ❑ CORPORATE OFFICER I ❑ PARTNER(S) ❑ LIMITED ® ATTORNEY-IN-FACT ❑ TRUSTF.E(S) ❑ GUARDIAN/CONSERVATOR OTIiER: SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTITY(IES) CA•iCW 24(7100) 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 SURETYAND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,do each hereby make,constitute and appoint: "'Kyle Wilson,Cynthia Sauceda,Donna M Smith, DeAnna Slater,Wayne Lamb,jointly or severally— as their true and lawful Atiomey{s}in Fad,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)4n—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 subststu6on and revocation,and all of the acts of said Attomey{s}in-Fad,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 fst,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 eau of them hereby is,authorized to execute this Power of Attorney,qualifying the attomay(s)named in the Power of Aftorrey to execute,on behalf of the corporations,bonds,undertakings and contracts of suretyship;and that the Secretary or anyAssistant Secretary of either of rite 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 ofAttamey 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 attacked. 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 November 21,2013. By: ` ' "01-1 "ry•.a Daniel Young,SerdorVicePresidorkt ;=�4 •0."QQk co'•. y;`� Rrc�.�y All GdP AOT� a OCT. �' F g u�: f0 �` ' OCT.5 o BY: 1967 er�kn:Vice President �� 1936 ; 02 ;3 .. a_ 2 ° State of California '.�30.•fow P, }�a�r 'Q(1FpP� a County of Orange "'�"^ • •' ''' On _ November 21,2013 before me, _. Antonio Ahrarado,Nota Pry ublic Date Here Insert Name and Title of the Officer personally appeared __... _ — _ Daniel Young and Mark J.Landon Names)of Signers) who proved to me on the basis of satisfactory evidence to be the perso(s)whose name(s)isfare subscribed to the within instrument and acknowledged to me that helshelthey executed the same in hisrherlthak authorized capacily(ies),and that by hislherllheir signatute(s)on the instrument the person(s),or the entity upon behalf of which the person{s)acted,executed the instrument o cow,tt 2©335,56 NDTARYPAX C�.; 1 certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is ORANGE COUNt Y tare and correct IRy aonm+.a+q*ea Aug.9,2MT zwi WITNESS my hand and officio[seal. Place Notary Seal Above Signature ., ' Antonio Alvarado,Notary Public Tmm 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 provision 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 C'enifrcate is executed in the City of Irvine,California,this 3rd day of November . 2014 . GassieJ,Berrisfa, slan�S-tw ID-1380(Rev.11113) Band No.: 703636S Premium: Included SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas,the City Council of the City of Fresno,State of California, and Copper Riv_@r 74, 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._6045 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 Developers Sure 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 Six Hundred Sixtff our Thousand and 001100 dollars ($664,000.00 _J. for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor,that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond,will pay, in addition fo 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 November 3 2014 PrincipafC_tipper RiKer 74 Inc.,a California Corporation By: (Principal, Sure . Developers Sure and I emnf Com y By: (Surety) a Sauceda.Attorney-in-Fact CALIFORNIA ALL-PURPOSE: ACKNOWLEDGMENT State of California County of FRESNO On November 3,2414 before me,KIMBERLY WILSON,NOTARY PUBLIC,personally appeared Cynthia Sauceda, proved to me on the basis of satisfactory evidence to he 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. WITNESS my hand and official seal. KIMBERLY VYILSOiV Commission#2062659 a Ra Notary Public-California Z } Fresno County M1 Comm.Expires Apr 10,2018 l Sign titre of 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 ❑ PARTNFR(S) ❑ LIMITED ® ATTORNF,Y-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR OTHI:R: SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTITY(IES) CA-1Cw 24(7/6D) POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO Bax 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 stake,cons5tute and appoint: "`Kyle Wilson.Cynthia Sauceda,Donna M Smith,DeAnna Slater,Wayne Lamb,jointly or severally— as their true and lawfu!Attamey(s}in-Fact,to make.execute,deliver and acknowledge,for and an behalf of said Corporations,as sureties,bonds.undertakings and contracts of surety- ship giving and granting unto Said Attomey(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 corporabons could do,but reserving to each of said corporations full power of substitution and revocation,and art of the acts of said Attomey(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 resolutiaas adopted by the respective Boards of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA,effectve 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 Paver of Attorney,quarifying the attomey(s)earned 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 Attorney; RESOLVED,FUR?HER,that the signatures of such officers may be affixed to any such Power ofAttomey or to any certificate relating thereto by facsimile,and any such Power of Attorney or ciarrtificate bearing such facsimile signatures shall be valid and binding upon the corporations when so afPored and in the future with respect to any band,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 orAssistanl Secretary this November 21,2013. By: ` .. _ „��� ANb hyo•., 009ANY0c Daniel Young,Senior Urce President Q � 0gPOR4f ,�y' �GGQ"P]ggl 0 _ c= z OCT,5 ----- –_ _ o' 1936 'o= w 1967 Mark J.Lansdon,Vice•President ,?0 9OFOPk a State of Caiifomta County of Orange On November 21,2013 —before me, _ Antonio Alvarado,Notary Public Date Here Insert Name and Title of the Officer personally appeared -----_, _ _..._. Daniel Young and Mark J.Landon Name(s)of Signer(s) who proved to rice on the basis of satisfactory evidence to be the person(s)whose name(s)islare subsc bed to the within instrument and acknowledged to me that helshelthey executed the same in hisiberltheir authorized capacity(ies),and that by his1herfth6r signature(s)or:the instrrarhent the person(s),or the entity upon behalf of AN"IC,- which the person(s)acted.executed the instrument. a cow.#203M NOTAARy �CAEp I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is ORANGECOUNdtY true and correct [v>y aoeiii - Yes Aug.Ii,2017 MWwr WITNESS my hand and official seat. Place Notary Seal Above Signature Antonio AWrado,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 foregaing Power of Attorney remains in full force and has not been revoked and,furthermore,that the pmvisioms of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Atomey are in force as of the date of this Certificate. This CeOffule is executed in the City of Irvine,California,this 3rd day of November , 2014 - Cassie J.Bemsfor , sistant Secretary ID-1380(Rev.11113) W AUTOMATICALLY RENEWABLE aB CALIFORNIA SANK LL 7'xLtir TRUST ISSUED AT FRESNO MAIN OFFICE FRESNO CA DATE 11/3/2014 {CITY OR TOWN) {STAT!;} WL=i COPPER RIVER 74 INC 5790400039 UCUSTOMER NAME) {CUSTOMER NUMBER) **SIXTY SIX THOUSAND DOLLARS AND NO/100********************* **66 000.00** >- V DOLLARS $ j.., w HAS TODAY BEEN DEPOSITED WITH CALIFORNIA BANK$TRUST PAYABLE TO CITY OF FRESNO OR ORDER UPON MATURITY Q In AS HEREINAFTER SPECIFIED AND UPON PRESENTATION AND SURRENDER OF THIS CERTIFICATE.PROPERLY ENDORSED AT THE ABOVE OFFICE THE MATURITY I O TYOFTH;SCERTIFICATE WILL BE AFTER DATE.AND SUCH MATURITY WILL BE AUTOMATICALLY FOR SUCCESSIVE LIKE PERIODS a, 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 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 PRESENTEDAND SURRENDERED FOR PAYMENT. SAID DEPOSIT BEARS SIMPLE INTEREST AT THE RATE OF ti PER ANNUM FROM DATE HEREOF UNTIL ULTIMATE MATURITY.AS ABOVE PROVIDED.AND SUCH INTEREST WWILL RITTEN a BE PAID OR CREDITEDDA7 EACH SUCCESSIVE MATURITY GATE 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 NFCESSARY TO COMPLY WITH ANY LAW DR GOVERNMENTAL REGOLATIONAFFECTING THE DEPOSIT, AUTHORIZED SIGNATURE OPS 1(05109) W AUTOMATICALLY RENEWABLE U C B CALIFORNIA BANK IL. Tausr TRUST ISSUED AT FRESNO MAIN OFFICE FRESNO CADArE 11/3/2014 MTV OR TOWN) (STATE) V 0 COPPER RIVER 74 INC 5790400021 Q (CUSTOMER NAME) i **TEN THOUSAND DOLLARS AND NO j10O (CUSTOMER NUMBER} i *******************�r******* DOLLARS $ **10000.00** I- m D HAS TODAY BEEN DEPOSITFO WITH CALIFORNIA BANK& TRUST PAYABLE TO CITY OF FRESNO Q to ASHEREINAFTER SPECIFIED AND UPONPRESENTATIONANDSURRENDER OFTHISCERTiFFCATE,PROPERLY ENDORSED.ATTHEABOVEOFFICE OR ORDER JPON MATURITY j I-0 IL - TEE MATURITYOFTHISCERTIFICATEW!LLBE F AFTER DATE.AND SUCH MATURITY WILL 8E AUTOMATICALLY EXTENDED FOR SUCCESSIVE LIKE PERIODS UNLESSr(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 DE51GNATED ON ITS 0 RECORDS OF BANK'S ELECTION TO PAY THE DEPOSIT AT SUCH ORIGINAL CR ANY EXTFNDEO 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 _ FROM DATE HEREOF UNTIL ULTIMATE MATURITY.AS ABOVE PROVIDED,AND SUCH INTEREST WILL / �//'� BE PAID OR CREDITED AT EACH SUCCESSIVE MATUR!TY DATE IN ACCORDANCE WITH THE WRITTENi// �/ INSTRUCTIONS OF THE PAYEE OR OTHER HOLDER THEN DESIGNATED ON THE RECORDS OF THISj' 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 DPS-7(05109) Account Number: 5790400039 Security Amount:_jk§,000.00 ASSIGNMENT (Subdivision Agreement) SECURITY FOR: COPPER RIVER 74,INC. Hereinafter called ASSIGNOR,whose principal place of business is 1396 W.Herndon#101,Fresno CA 93711 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 CITY OF FRESNO,evidenced by CERTIFICATE OF DEPOSIT in the amount of $66.000.00 number 5790400039 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 6045--Copper River 74 Inc. -Yearly 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. 3RD NOVEMBER Dated this i day of W&WW ,2014 Copper River 74,Inc. a California Corporation By: Derek W.Hayashi,CFO 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. NOVEMBER Dated this 3RD day of )_M _,2014 California Bank_&Trust, 7060 N.Fresno Street Fresno_,_CA_93720 Bank Name Branch Location ity State =Y__. lam_ t Name Title of Officer MARGIE HILLS,VP & BRANCH MANAGER Account Number: 5790400021 Security Amount: $10.000.00 ASSIGNMENT (Subdivision Agreement) SECURITY FOR: COPPER RIVER 74,INC. Hereinafter called ASSIGNOR,whose principal place of business is 1396 W.Herndon#t01 Fresno CA 93711 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 CITY OF FRESNO,evidenced by CERTIFICATE OF DEPOSIT in the amount of $10,000.00 _ number 5790400021 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 6045--Cop ner River 74,Inc. -Monthly 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. 3RD NOVEMBER Dated this 29h day ofter ,2014 Copper River 74,Inc. a California Corporation By: Derek W. Hayashi,CFO 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. NOVEMBER Dated this 3RD day of OEM .2014 California Bank&Trust 7060 N.Fresno Street Fresno CA 93720 Bank Name Branch Location4� City State By Name Title of Officer MARGIE HILLS, VP & BRANCH MANAGER r:IIv 4 FRESNO PARKING 26011 FRESNu ST 1l uI FRE SNL PARKINI< FRESNO, CA 93721 5'9 621 8803 2606 FRESNO ST FRESNO, CA 937,21 553 621 8WA 11".chat ID. 1910130319602 Mel,hant ID. 19161.i1i;196u2 Sale sa e CT(y 04 FRESNO PARKLH(i ww7908 2617 FRESNO ST VISA o FRESNO, CA 93721 VISA Entry �}�&od; Swiped 559-621 6903 VISA Entry Method; Swiped Total; 53,000,00 MY,chant IL" 1910130319622 lot al; 60,owl.00 11�07�14 17;19;3G 5a].e 11/07/14 , ,wYd121 I�v�: oa���5 Appy Code: 08067f� l7;id;SO Jug: 000004 Aper Code; 055396 Apprvd; Online Batchh: 000347 tIASTERCAP,D Entry Ple�hod�� Su�ip9d A Nvr L i= kprvd; Online Batch: 000397 CuSion,er Cove +raA"/vILe,j" Total-, otak-, $ �Or000,N SHANK YOU! Customer Copy 1775 GONE AGA1.N' !73ANK YOu! SI I COME A6AIN! 11!07/14 Inv : 000003 Aper Code; 94205 A�°prvd: Oltiline Batch0. 000347 Cuetomel C�pr ifIANK Yale COME A(A)1N1 CI P OF FRESNO PARKING 2600 FRESNO ST CITY OF FRESNO PARKING FRESNO, CA 9:3(21 2600 FRESNO ST 55J-621 8&93 FRESNO CA 93721 559-621-8803 Clrr ut F4; 91iI PARKINAr M—h-1 Iu 15I013N319bv12 26F30{7k2FS1K) S( FRESNO. CA 93721 Mri'chart IU; 1910136339602 a 1 5.59 62-)-8803 ]1 15101303160? VISA Entry Method. Swiped -ale AMEX Entry Method; Swiped local, $ 10,000.00 ��-D1,11.41.3 Total; $ 12,060.N 1107/14 1712.;04 D Entry Method: Swiped 11i26/14 12;18;32 Inv ; 000007 Appr Code', S0145D Total; $ 40,516:0$ Apprvd; Online Batch�� 0007Inv ; 0002 Appr Code; 000042 11/0719 17;?3;36 Awvd; Online Batchg; 000360 . ,; l:ufv v lt-1 Invff: 000008 Appf code: 58435' GI�A 1v V) stonlel COPY 11IANV YOUt Apprvd: Online $atch'q; NON CusLomer COPY COME AGAIN! THANK YOU! COME AGAIN! C,15Lumcr�' CAVY THANK You, caw AL;A1N,