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T-6097 - Cashier Memo - 10/21/2016
City of MEMORANDUM PUBLIC WORKS DEPARTMENT - LAND DIVISION 2600 FRESNO STREET - FRESNO,CA 93721 DATE: October 21, 2016 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: 2ND ADDITIONAL SUBMITTAL OF PAYMENT FOR TRACT NO. 6097 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1 Check in the amount of $127,600.00 (California Bank & Trust No. 22-00078690) replacing check in the amount of$128,692.83 (California Bank &Trust No. 22-00078232) 2 Revised Exhibit B to the subdivision agreement. If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel California Bank&Trust GV Holdings, Inc. 7060 N. Fresno 11-204/1210 1396 W. Herndon Ave.,#101 Fresno, CA 93720 Fresno, CA 93711 Date Check Number Oct 20, 2016 22-00078690 Amount Pay *One Hundred Twenty Seven Thousand Six Hundred Dollars 00 Cents* $127,600.00 GV_Holdings, Inc. 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EA )L7 m w 00 — es �/1 (D t a0 N N N O O (O W a) N z � V N N m ti u O F 6R LO +9 fA E9 fA E9 E fA w `� d W (, w LU Q Q b U LU O m C V > > -+ O a a) a a x CL O D O O O O C O '10 N O LU U o 7 �► psi en U Q C Y j E N W wa CD CD m a� CD v a ° E y m d) x Y U m m m _ U Q V w m Q U Q O C _ U m U U c O m 3 m wy to LU N O G WU U 3 m Z w ' a' U w a) m u, �' ° Z L U LL �yLU _ (> z Um K N to m U m m aE W °� W O 01 m U) m W .0 m w CL � m T W a m N F y (J (n �+ W Q U U ¢ 2 `m LL v E v ~ t W -m° aa) LL W LL Q F3 e 0 Q h L F N N N C m L = O F m a) U U 2 m a� « U $ LL U - y U m co m Q p Q r. m m 3 v m ° ad y w m a z - � � J O E � Q E m a E _rn 0 m E Z W LU w (n 2 ,� N m w YS y N W U W CO o. o U z w J o N in m U W 01 m 0) U = r a LL a a 3 y Q 3 N O C V J C N .� N m U O J 0 _ y F - Z M a w OQ .z .3 w W J U O Q J U F Q J 2 F Q H a ca m I U U.�, ti p L)Lu p LLw LL a a a m U z CL = F N m k a mC7 (n m W w MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: October 11, 2016 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: ADDITIONAL SUBMITTAL OF PAYMENT FOR TRACT NO. 6097 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Certificate of Deposit in the amount of$25,000.00—California Bank&Trust If you have any questions, please contact me at 621-8684- Thank you, Jonathan Bartel Account Number:-S7(JyC= Security Amount: $25,000.00 ASSIGNMENT (Subdivision Agreement) SECURITY FOR: FOWLER DEVELOPMENT COMPANY,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 $25,000.00 numberfa!�n4Gc%_ 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 6097—Fowler Development Company 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. Dated this lith day of October _2016 Fowler Development Company,Inc a California Corporation By: etsy ar a,itontrollel 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 day of October ,2016 California Bank&Trust, 7060 N.Fresno Street Fresno,CA 93720 Bank Name Branch Location City State By Name Title of Officer f co I J W AUTOMATICALLY RENEWABLE CALIFORNIA BANK U CuusY TRUST i '.. U ISSUED AT FIRi j_il) i'::j,l•-\ OFFICE FRESNO CA DATE 10/11/1 ti (y W (CITY OR TOWN) ( ATE) W 0 r 'QW ,FR DEV:�;iArL LLV1' CONIPANY ILVL 5790400906 U0 (CUSTOMER NAME) (CUSTOMER NUMBER) " DOLLARS $ 125,000-00 Lu 0 HAS TODAY BEEN DEPOSITED WITH CALIFORNIA BANK&TRUST PAYABLE TO CITY OF F_-ZESIQO OR ORDER UPON MATURITY QU) AS HEREINAFTER SPECIFIED AND UPON PRESENTATION AND SURR NDER O THIS CERTIFICATE,PROPERLY ENDORSED,AT THE ABOVE OFFICE. /� O THE MATURITY OF THIS CERTIFICATE WILL BE 1 1 1 0 72 0.7.6 AFTER DATE,AND SUCH MATURITY WILL BE AUTOMATICALLY EXTENDED FOR SUCCESSIVE LIKE PERIODS w Z UNLESS:(A)AT LEAST TEN DAYS PRIOR TO SUCH ORIGINAL OR ANY EXTENDED MATURITY,THIS BANK HAS SENT WRITTEN NOTICE TO THE PAYEE OR OTHER HOLDER THEN DESIGNATED ON ITS RECORDS OF BANK'S ELECTION TO PAY THE DEPOSIT AT SUCH ORIGINAL OR ANY EXTENDED MATURITY,OR (B) UPON OR WITHIN TEN DAYS AFTER SUCH ORIGINAL OR ANY EXTENDED Q MATURITY DATE,THIS CERTIFICATE IS PRESENTED AND SURRENDERED FOR PAYMENT. SAID DEPOSIT BEARS SIMPLE INTEREST AT THE RATE OF .--QT q PER ANNUM .. FROM DATE HEREOF UNTIL ULTIMATE MATURITY,AS ABOVE PROVIDED,AND SUCH INTEREST WILL 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. QIKD 17.E0 SIGNATURE City of MEMORANDUM rn�-�: grow PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: October 3, 2016 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO. 6097 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$474,000.00 2. Payment Bond in the amount of$249,500.00 3. Certificate of Deposit in the amount of$25,000.00) - PENDING 4. Check in the amount of$6,666.00 (California Bank & Trust No. 22-00077937) a Deposit into 180203 10101 34559 for document preparation fees 5. Check in the amount of$128,692 83 (California Bank &Trust No. 22-00078232) a. The balance is identified on Exhibit B of the Subdivision Agreement. 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 GV Holdings, Inc. California Bank &Trust 7060 N. Fresno 11-204/1210 1396 W. Herndon Ave., #101 Fresno, CA 93720 Fresno, CA 93711 Date Check Number Sep 14, 2016 22-00077937 Amount Pay *Six Thousand Six Hundred Sixty Six Dollars 00 Cents* $6,666.00 l GV Holdings, Inc. To City of Fresno The 2600 Fresno Street Order Fresno, CA 93721-5017 Per Of PAS ABLE IN US DOLLARS 1100007793711' ii: L 2 L00 204 2i: L340593917 LII' 1 , • 1 California Bank&Trust GV Holdings, Inc. 7060 N. Fresno 11-204/1210 1396 W. Herndon Ave., #101 Fresno, CA 93720 =r Fresno, CA 93711 ,.- - � Date Check Number Sep 26, 2016 22-00078232 Amount Pay *One Hundred Twenty Eight Thousand Six Hundred Ninety Two Dollars 83 Cents* $128,692.83 GV Holdings, Inc. To City of Fresno ! The 2600 Fresno Streeti Order Fresno, CA 93721-5017 Per ------ Of � PAYABLE IN US DOLLARS • 1■ 1 / a 110000 78 2 3 211■ is L 2 L00 20 4 211: L 3 40 5 9 3 9 7 Lli' CAV OfMEMORANDUM CdCd r"lam-:�■V.;s��6p-- PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: September 20, 2016 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 6097, PHASE 2 OF VESTING TENTATIVE MAP NO. 6033 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: $474,000.00 2. Payment Bond in the amount of: $249,500.00 If you have any questions, please contact me at 621-8684 Thank you, Jonathan Bartel RISK MAHAGfMENT DIV IOM Approved Approved WC ges [_] -�� -� SI ate Bond No.: 705212S Premium: $2,370 Annually SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno, State of California, and Fowler Development Co., Inc., a California Corporation ("principal') will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for the Final Map of Tract No 6097 is hereby referred to and made a part hereof; and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we, the principal and _Developers Surety and Indemnity Company as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of Four Hundred Seventy Four Thousand and 001100 dollars ($ 474,000.00 ) 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 September 20 . 2016 Princip -FOWLER DEVELOPMENT COMPANY, INC. By: (Princi Surety: DEVELOPERS SURETY AND INDEMNITY COMPANY (Surety) Nicole Caskey, Attorne 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 viae?yl❑ } On 5�� v,,er 0 20_{before me, Date Here Insert Name and Title of the fficer personally appeared cwi�S Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(a) War-& subscribed to the within instrument and acknowledged to me that hehsheAhey executed the same in his/her/their authorized capacity(fes),and that by his/herAter signatures)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. MADELYN CUELLAR WITNESS my hand and official seal. Commission*2103017 x O!U Notary Public-California x ZFresno County A Comm.E ices Mar 13,2019 Signature r l Sign.44e of Notary Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(lies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Corporate Officer — Title(s): ❑Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact ❑Trustee ❑ Guardian or Conservator ❑Trustee ❑ Guardian or Conservator ❑ Other: ❑ Other: Signer Is Representing: Signer Is Representing: 02014 National Notary Association •www.NationalNotary.org • 1-800-US NOTARY(1-800-876-6827) Item #5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this car rli fieate is attached, and not the truthfulness, accuracy, or validity of that document. State of CALIFORNIA County of FRESNO On September 20, 2016 before me, KIMBERLY WILSON,NOTARY PUBLIC, personally appeared Nicole Caskey, 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. .µms Commission#t 2062659 r Notary Public-California Fresno County M Comm.Expires Apr 10,2016 ( )gnature 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 ❑ 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, Donna M Smith, Kimberly Wilson,Nicole Caskey,Wayne Lamb,jointly or severally*** as their true and lawful Attorney(s)-In-Fact,to make,execute,deliver and aanewledge,for and on behalf of said corporations,as sureties,bonds,undertakings and contracts of suretyship giving and granting unto said Attorney(s)-in-f=act full power and autho6t to do and to perform every act necessary,requisite or proper to be done in connection therewith pursuant to these as each of said corporations could do,but reserving to each of said oorporations full ower of substitution and revocation,and all of the acts of said Attorneys)-' 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,2DOS. RESOLVED,that a combloation of any two of the Chairman of the Board,the PresWent,Executtve VimPresidenl,Senior Vice-President or any VICe President of[he 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 la execute,on behalf of the corporatlons,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; Rfficers may be affixed to any such Power of Attorney or to any Certificate relating thereto by facsimile,and any such ESOLVE D,FURTHER,Ihat the signatures of such o Power of AttomBy or certificate bearing such fats€mlle signatures shall be valid and binding upon the Corporations when so affaced 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 18th day of April,2016. By: ` oQ4t6 rL{ �r spp POR � Y _ _ Daniel Young,Senior Vice-President c a QCT, z OCT,5 ¢ ^ 10 n t o 1836 U n 1967 B : 7� 101111a 2f �z1poIvri b Y Q *. Mark Lansdon,Vice-President # eting y the identity of he dual who gned dA notary ocument blit or this certer complr-ate is attached,andlnot the truthfulness,ficate verifies accuracy,ortvaf{dltile of that docurment the State of California County of Orange Lucille Ra and,Nola Public On A 11118 2016 _ -before me, _ — Hee]n�!Name and Title of he of4caf Dale Dante!you and Marti Lansdon personally appeared Hsne[c1 d slgnar{sy who 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 helshelthey executed the same in histherltheir authorized capacity(ies),and that by his/her/their signature(s)on the instrument the person(s),or the entity upon behalf of LUCILLE RAYMOND which the person(s)acted,executed the instrument. Commission#t 2081915 Notary Public-California true certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is x true and correct. Oranp COOMY AA Comm.E Tres Oct 13 201f1 WITNESS my hand and official seal. Place Notary Seal Above Signature LucNl' y nd,Notary Public CERTIFICATE The undersigned,as Secretary cr 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. pANY day ofZY ANo1No� C¢QQaR c+ This Certificate is executed in the City of Irvine,California,this 20th September 2016 5� eRar �'� .ti G �} r_ -° CCT. z? OCT.5 ¢ '^ ¢ 1 a W 1967 o By. � 1936 �J. ff �Assilta�ottl"'Y�� ���, rowA CIFOH ID-1380(Rev.04116) Bond No.: 705212S Premium: Included SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the City Council of the City of Fresno, State of California, and Fowler Development Company, 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. _6097 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 Developers 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 (Fompenarin��cith S ctiort3R0821of Pert 4qf D. ..on � $f t Civil Code in the sum of wo un re ortyIlne ous nd, ive un re an 0 �0 dollars ($-149,500-00 } 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 September 20 2016 Print' FOWLER DEVELOPMENT COMPANY, INC. By: Surety: DEVEL I�URETY AND INDEMNITY COMPANY ---------------- BY= (Suretyicole CasIX Attorney-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 -CSYI Q _ ) On Swi�W1� (q .2bi to before me, aa,_-,t �-� � N&� &bV Tt CI Date Hee Insert Name and Title of the ❑ er personally appeared . �0�-Y 1 y S Ae_-es t Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the persons} whose name(s) is/axe subscribed to the within instrument and acknowledged to me that he/sheAheq executed the same in his/f err authorized capacity(ies), and that by his/herA-I;tL r signature( on the instrument the person*), or the entity upon behalf of which the person(e) 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. MADELYN CUELLAR WITNESS my hand and official seal. Commission#2103017 Notary Public-California s Z Fresno County a Signature Ml MY Comm.Expires Mar 13,2019 Signa of Notary Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(lies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Corporate Officer — Title(s): ❑Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact ❑Trustee ❑ Guardian or Conservator ❑Trustee ❑ Guardian or Conservator ❑ Other: ❑ Other: Signer Is Representing: Signer Is Representing: 02014 National Notary Association • www.NationalNotary.org - 1-800-US NOTARY(1-800-876-6827) Item#5907 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT 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 FRESNO On September 20, 2016 before me, KIMBERLY WILSON,NOTARY PUBLIC,personally appeared Nicole Caskey, 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. Commission#2062659 Notary Pubflc-Calilornia, x Fresno Courrty y My Comm.Expires A r 10,2018 gna re of Notary Op'I CONAL 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,Donna M Smith, Kimberly Wilson, Nicole Caskey,Wayne Lamb,jointly or severally*** as their true and lawful Atlorney(s)-in-Fact,to make,execute,deliver and acknowledge,for and on hehalf of said corporations,as sureties,bonds,undertakings and contracts of suretyship 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 corporations could do,but reserving to each of said corporations full power of substitution and revocation,and all of the acts of said Aftorney(s)dn-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 Mi;e President of the corporations be,and that each of them hereby Is,authorized io execute this Power of Attorney,qualifying the anomey(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 Attorney: RESOLVED,FURTHER,that the signatures of such officers may be affixed to any such Power of Attomey or to any cartificate relating thereto by facsimile,and any such Power of Attorney or catficate hearing such facsimile signatures shall to 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 18th day of April,2016. �T,IANDrNo Ox}PAHYOfi �`� d�ORIT �'y +� GOA ��M By Daniel Young,Senior Vice-President �aR [� OCT. { = OCT.510 d O O 1936 W 1887 By: ��� /CWP ap2i�"0[JF041'`=�4 L Marie Lansdon,Vice-President O 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 Orange A ril 18 2016. before me, Lildite Ra and NotaPubllC On Here Iraarl Name and Tiikrnf 6ron 0><cer 9a1e personally appeared Daniel Young and Mark Lansdon Namiat of sl"(;) who proved to me on the beefs of satisfactory evidence to be the persons)whose name(s)Ware subscribed to the within Instrument and acknowledged to me that helshelthey executed the same in InWhenhheir authorized capactly[es),and that by hWherltheir signature(s)on the instrument the person(s),or the e0ty upon behalf of LUCILLE RAYMOND which the person(s)acted,executed the instrument. Commission N 2081945 =i Notary Public•California I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is Orange County true and correct. M Comm. Ex fres Oct 13,21718 WITNESS my hand and official seal. GAO"- Place Notary Seal Above Signature Lutl11 ond,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. day of PAN Y This Certificate is executed in the City of Irvine,California,this 20th September, 2 01 p yo R4 0 PnR a'V aOCT. a= OCT 5 �D ri {/ , a 1936 O ref► 1887 _0 By: Cassie J. rtisford,Assistant 5 tary 3y9� row r`aa ❑y�gG1r 0s+ `�i ID-1380(Rev.04116) 9/23/2016 Company Profile CALIFORNIA DEPARTMENT OF COMPANY PROFILE Company Profile Company Search Company Information Company Information DEVELOPERS SURETY AND INDEMNITY COMPANY Old Company 17771 COWAN, SUITE 100 Names IRVINE, CA 92614 Agent for Service Reference Old Company Names Effective Date Information NAIC Group List Lines of Business Agent For Service Workers' KARISSA LOWRY Compensation 2710 GATEWAY OAKS DRIVE Complaint and SUITE 15ON Request for SACRAMENTO CA 95833 Action/Appeals Contact Information Financial Statements Reference Information PDF's Annual Statements NAIL #: 12718 Quarterly California Company ID #: Statements Company Complaint Date Authorized in California: 08/30/1999 Company Performance & License Status; UNLIMITED-NORMAL Comparison Data - -- Company Company Type: Property &Casualty Enforcement Action State of Domicile; I EIOWA Composite I - - — Complaints Studies Additional Info back to top Find A Company Representative In NAIC Group List Your Area View Financial Disclaimer NAIC Group #: 2538 AmTrust NGH 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. AUTOMOBILE BOILER AND MACHINERY BURGLARY FIRE LEGAL INSURANCE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER SURETY back to top https:/fi nteractive.web.insurance.ca.gov/com panyprofil a/com panyprofi le?event=com panyProfi le&doF uncti on=getCom panyProfi le&ei d=100170 1/2 9/23/2016 Developers Surety and Indemnity Company-Company Profile-Best's Credit Rating Center A.M. Best Rating Services Rating Search: Search Advanced Search A Print lhis❑aoe Developers Surety and Indemnity Company (?) A.M.Best#: 011752 NAIC M 12718 FEIN M 420429710 Mailing Address View Additional Address Information F�iviiil Shinoth RaCmg P.O. Box 19725eesr Irvine, CA 92623-9725 A FkWlsnt United States Assigned to insurance companies that have, in our Web: www.amtrustsurety.com opinion, an excellent ability to Phone: 949-263-3300 meet their ongoing insurance Fax: 949-252-1959 obligations. Based on A.M. Best's analysis, 051002 - AmTrust Financial Services. Inc is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure. Best's Credit Ratings Financial Strength Rating View Definition Rating: A(Excellent) Affiliation Code: r (Reinsured) Financial Size Category: XIV($1.5 Billion to $2 Billion) Outlook: Stable Action: Affirmed Effective Date: July 08, 2016 Initial Rating Date: January 29, 1996 Long-Tenn Issuer Credit Rating View Definition Long-Term: a Outlook: Stable Action: Affirmed Effective Date: July 08, 2016 Initial Rating Date: June 06, 2007 u Denotes Under Review Best's Ratino http://www3.am best.com/ratings/entities/Com panyProfiI e.aspx?am bnum=11752&U RATIN GID=2392449&M CToken=24711748881227488100114281366224780. . 1/4 9/23/2016 Developers Surety and Indemnity Company-Company Profile-Best's Credit Rating Center oGaL a %.iGun rNauny rAuaIyaL Rating Issued by: A.M. Best Rating Services, Inc. I Assistant Vice President: Jennifer Marshall, CPCU, ARM Vice President: Michael J. Lagomarsino, CFA, FRM Disclosure Information x,E +% View A.M. Best's Rating Disclosure Form f` A.M. Best Affirms Ratin s of AmTrust Financial Services Inc. and Its Subsidiaries; July 08, 2016 Rating History i A.M. Best has provided ratings & analysis on this company since 1996. Financial Strength Effective Date Rating 7/8/2016 A 5/29/2015 A I 5/30/2014 A 1/8/2014 A 9/20/2013 A- u 6/17/2013 A- 5/31/2012 A- Long-Term Issuer Credit Effective Date Rating 7/8/2016 a 5/29/2015 a 5/30/2014 a 1/8/2014 a 9/20/2013 a- u 6/17/2013 a- 5/31/2012 a- http://www3.am best.com/ratings/entities/CompanyProfiI e.aspx?am bnum=11752&U RATI N GID=2392449&M CToken=24711748881227488100114281366224780. . 2/4 9/23/2016 Developers Surety and Indemnity Company-Company Profile-Best's Credit Rating Center AMB Credit Reports ±—: AMB Credit Report - includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed business overview and key financial data. Report Revision Date: 9/14/2016 (represents the latest significant change). {1 Historical Reports are available in AMB Credit Report Archive. f5t�� View additional news, reports and products for this company. Press Releases Date Title Jul 08,2016 A.M. Best Oirrn5 R in f ArriTr st Financial ServicesInc.and Its Subsidiaries May 29,2015 A.M. Best Affirms Ratings of AmTrust Financial Services, frit.and Its Subsidiaries Apr 23,2015 A.M. Best Places Ratings of Springfield Insurance Company Under Review With Positive Implications I Jan 08,2014 AN.Best Up_grades Ratings of Develaraers Surety+and Indemnity Comps and_irtdemniIV Cvmany of California n r.e o..�.nr n �_ Sep 20,2013 M 1VL. Desi Places n_athngs of_Develapers Surety and Indemnity Company and irsaemnity Company of California Under Review i May 31,2012 A.M.8es#Fleyises Outlook to Negative for Developers Surety and Indemnity and Its,Subsidiary,Indemnity J Company of California I r European Union Disclosures A.M.Best-Europe Rating Services Limited(AMBERS),a subsidiary of A.M.Best Rating Services, Inc.,is an External Credit Assessment Institution(ECAI)in the European Union(EU).Therefore,Credit Ratings issued and endorsed by AMBERS may be used for regulatory purposes in the EU as per Directive 2006/48/EC. 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