Loading...
HomeMy WebLinkAboutT-5592 - Cashier Memo - 2/13/2019 City of lees I---, MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: February 13, 2019 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO. 5592 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$5,587,000.00 2. Payment Bond in the amount of$2,940,500.00 3. 5% Performance Security a. Check in the amount of$294,000.00 (BBVA Compass No. 00243757) 4. Document preparation fees deposit into 180503 10101 34559 a. Check in the amount of$10,669.00 (BBVA Compass No. 00243756) 5. The Balance on Exhibit B of the Subdivision Agreement a. Check in the amount of$768,174.39 (BBVA Compass No. 00243758) 6. Copy of the Subdivision Agreement identifying itemized applicable charges. Thank you, Jonathan Bartel City Of ITIM MEMORANDUM ff -Illrnci ;., PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: February 12, 2019 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 5592 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: $5,587,000.00 2. Payment Bond in the amount of: $2,940,500.00 Thank you 1 ISK AAA it4vlmf,101V16101A Jonathan Bartel Pow d 1�� p proved w sages L� sty � ,, RECEIVCITY OF FRESNO A 12 2019 �+ , DocuSlgn Envelope ID:E73AB6DO-B269-46BF-8D99-B7A7B7CECOEi Bond No.: SU 1152673 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno, State of California, and BMCH California LLC ("principal")will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for the Final Map of Tract No. 5592 is hereby referred to and made a part hereof; and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we, the principal and Arch Insurance Company_ , as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of Five Million rive Hundred E3gh�y Seven Thousand and 001I0b dollars ($ 5,587,000.00 } 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. I In witness whereof, this instrument has been duly executed by the principal and surety I above named, on February 8 , 20 1.9 Principal: BMCH California,LLC I By: ( in al) Surety:d"J, Ar h Insurance om a By: (Su ety) Mirk W.Edwards,II,Attorney-in-Fact CA License No.OC90780 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 February 12, 2019 before me, Patricia L. Gavello, NotaryP ublic, personally appeared James W. Fletcher, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. 0 PATRICIA L.GAVELLO , '"" NOTARY PUBLIC•C 21393NIA � COMMISSION+�2219939 FRE8N0 COUNTY My Comm,Exp.Ontnber e,2021 r,�, Signature of Notary Public AIC 0000263078 POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON BLUE BACKGROUND. -. ....... This Power--of Attorney limits the acts of those named herein, and they have no authorky to bind the Company except in the manner and to the extent herein stated. Not valid for Note, Loan, Letter of Credit, Currency Rate, Interest Rate or Residential Value Guarantees. POWER OF ATTORNEY Know All Persons By These Presents: That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey[hereinafter referred to as Alisa B. Ferris Anna Childress, Jeffrey M. Wilson, Mark W. Edwards Il, Richard H. Mitchell. Robert nald B. Gia rosich of Birmingham, AL(EACH) R. E. Daniels and Shelby E. Daniels of Pensacola, FL(EACH) its true and lawful Attorney(s)in-Fact,to make,execute,seal, and deliver from the„date;of issuance of this power for and on Its behalf as surety,and asi-t-s-act and deed: Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding Ningty Million Dollars($90,000,00p.00). This authority does not permit the same obligaton to be it into twc r more bonds in order to bring bond within the dollar limit of authority as set forth her-In. The execution of such bonds, undertakings, recognizances and other surety obligations in pursuan presents shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey. This Power of Attorney is executed by authority of resolutions adopted by'ynani'tnous consent ofi,th'e,Board of Directors of the Company on September 15, 2011, true and accurate copies.of which are hereinafter,'set°forth'i and are hereby certified to by the undersigned Secretary as being in full force and effect: 1 "VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set:forth In their respective powers of attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on September 15,2011: VOTED,Thai the signature of the Chairman of the Board,the President, or the Executive Vice President, or any Senior Vice President. of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so executed, -sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. OOMLOO13 00 03 03 Page 1 of 2 Printed in U.S.A. CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT 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 truthfullness, accuracy or validity of that document. State of Alabama County of Jefferson On February 8, 2019 before me, Courtney Hitt Weiss, Notary Public Date Name a Tale O 'Nahry personally appeared Mark W. Edwards, II,Attorney-in-Fact _ Name and or Names o(SlgnaKs) 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 helshe/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 persons), acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand an official so! Signature Jt W uric S1grwwrc. Place Notary Public Seal Above My commission expires.NAi,,1, z OPTIONAL Though the information below is not required by law,if may prove valuable to the persons retying 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 Name: ❑ Individual ❑ Individual ❑ Corporate Officer—Title(s): ❑ Corporate Officer--Title(s): ❑ Partner-❑Limited ❑General ❑ Partner- ❑Limited ❑General ❑ Guardian or Conservator Top of murnb ❑ Guardian or Conservator Top of IIWMD 0 Attomey-in-Fact ❑Attorney-in-Fact ❑ Trustee ❑ Trustee ❑ Other: ❑ Other: Signer is representing Signer is representing Arch Insurance Company Docu5lgn Envelope ID:E73A86DO-13269-4513F-81D99-B7A7137CECOEI Bond No.: SU 1152673 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the City Council of the City of Fresno, State of California, and BMCH California LLC ("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. 5592 , 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 Arch Insurance_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 Two Million Nine Hundred Forty Thousand Five Hugdred and 001100 dollars ($ 1940,500.00 ), 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 i i right of action to them or their assigns in any suit brought upon this bond. i 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. #' I 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 _ _._ February.8 2019 Principal: BMCH California LLC By:- -A Q9Z t��J, in ' al) Suren rangy om an By —� (Surety) Mark W.Edwards,II,Attorney-in-Fact CA License No.OC90780 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 February 12, 2019 before me, Patricia L. Gaveilo, Notary_P , personally appeared James W. Fletcher, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. s m RNIA88081 , Signature of Notary Public AIC 0000263079 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON BLUE BACKGROUND. This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except In the manner and to the extent herein stated. Not valid for Note,Loan, Letter of Credit, Currency Rate, Interest Rate or Residential Value Guarantees. POWER OF ATTORNEY _ _-- Know All Persons By These Presents: That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey(hereinafter referred to as the"Company")doer,hereby appoint: Alisa B. Ferris, Anna Childress, Jeffrey',M. Wilson, Mark W: Edwards II, Richard H. Mitchell, Robert R. Freel, Ronald B. Giadrosich of Birmingham.AL(EACH) R. E. Daniels and Shelby E. Daniels of Pensacola, FL(EACH) -its true and lawful-Attorney(s)in-Fact, to make,execute,seal,and deliver from the date of issuance of this power for and-onAts-behalf-as surety,and as; act and deed: Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding Ninety Million Dollars $90 000.000.00). This authority does not permit the same obligation to f5e's :I lit into two or more bonds In order to bring each such bond within the dollar limit of authority as set forth herein: The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey. This Power of Attorney is executed by authorlty of resolutions adopted by u'nan,imou's consent ofjhe'Board of Directors of the Company on September 15, 2011, true and accurate copies of which are hereinafter :set forth,and are hereby certified to by the undersigned Secretaryy as being in full force and effect: "VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powers of attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on September 15, 201 V VOTED, That the signature of the Chairman of the Board, the President, or the Executive Vice President,or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon-the Company, OOML0013 00 03 03 Page 1 of 2 Printed in U.S.A. CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT 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 truthfullness,accuracy or validity of that document. State of Alabama County of Jefferson On February 8,2019 before me C_ou_r_tney Hitt Weiss, Notary Public_ Date ' Tmme aodl x�u�oLioy personally appeared Mark W. Edwards, II,Attorney-in-Fact Name and or Name of 9l()nee(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/shelthey executed the same in his/her/their authorized capacity(ies), and that by his/herltheir signature(s)on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and o Iclal sea L Signature _4 • X/Nobry Punic Si, aEurr Place No' Pu61ic Ssal Above My commission expires:,;,)wn,r, ms,zoza OPTIONAL Though the information below is not required by law,it may prove valuable to the persons Ovrng 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 Name: ❑ Individual ❑ Individual ❑ Corporate Officer—Title(s): ❑ Corporate Officer—Title(s): ❑ Partner-❑Limited ❑General ❑ Partner- ❑Limited ❑General ❑ Guardian or Conservator ba of murnn ❑ Guardian or Conservator Top of ttwmt� © Attorney-in-Fact ❑ Attorney-in-Fact ❑ Trustee ❑ Trustee ❑ Other: ❑ Other: Signer is representing Signer is representing Arch Insurance Company Company Profile Page 1 of 2 CALIFORNIA b DEPARTMENT Of INSURA14CE COMPANY PROFILE Company Profile Company Search Company Information Company Information Old Company ARCH INSURANCE COMPANY Names 210 HUDSON STREET,SUITE 300 HARBORSIDE 3 Agent for Service JERSEY CITY, NJ 07311 Reference 877-688-2724 Information NAIC Group List Old Company Names Effective Date Lines of Business Workers' FIRST AMERICAN INSURANCE COMPANY 01/05/1987 Compensation FIRST AMERICAN INSURANCE COMPANY DBA AMERICAN FIRST 11/06/2002 Complaint and INSURANCE COMPANY Request for Action/Appeals Agent For Service Contact Information Financial Statements Karissa Lowry PDF's 2710 Gateway Oaks Dr., Ste. 150N Annual Statements Sacramento CA 95833-3505 Quarterly Statements Reference Information Company Complaint Company NAIC#: 11150 Performance& Comparison Data California Company ID #: 3005-6 Company Enforcement Action Date Authorized in California: 07/19/1985 Composite Complaints Studies License Status: UNLIMITED-NORMAL Additional Info Company Type: Property&Casualty Find A Company Representative In State of Domicile: MISSOURI Your Area View Financial Disclaimer back to top NAIC Group List NAIC Group #: 1279 Arch Ins Grp Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY DISABILITY FIRE LIABILITY MARINE https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyP... 2/12/2019 Company Profile Page 2 of 2 SURETY TEAM AND VEHICLE WORKERS' COMPENSATION back to top © 2008 California Department of Insurance https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyP... 2/12/2019 Arch Insurance Company - Company Profile - Best's Credit Rating Center Page 1 of 5 Arch Insurance Company A.M. Best#: 003186 NAIC#: 11150 FEIN #: 430990710 Administrative Office View Additional Address Financial Strength Rating Harborside 3 210 Hudson Information Street Suite 300 4ci I Jersey City, NJ 07311-1107 A+ Superior United States Assigned to insurance companies that have, in our Web: www.archinsurance.com opinion, a superior ability to Phone: 201-743-4000 meet their ongoing Fax: 201-743-4005 insurance obligations. View additional news, reports and products for this company. Based on A.M. Best's analysis, 058459 -Arch Capital Group Ltd. 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+ (Superior) Affiliation Code: g (Group) Financial Size Category: XV ($2 Billion or greater) Outlook: Stable Action: Affirmed Effective Date: October 11, 2018 Initial Rating Date: June 30, 1977 Long-Term Issuer Credit Rating View Definition http://ratings.ambest.com/CompanyProfile.aspx?ambnum=3186&URatingId=2392449&bl... 2/12/2019 Arch Insurance Company - Company Profile - Best's Credit Rating Center Page 2 of 5 Long-Term: aa- Outlook: Stable Action: Affirmed Effective Date: October 11, 2018 Initial Rating Date: October 26, 2004 u Denotes Under Review Best's Rating Best's Credit Rating Analyst Rating Office: A.M. Best Rating Services, Inc. Director: Steven M. Chirico, CPA Senior Director: Robert B. DeRose Note: See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. Disclosure Information Disclosure Information Form View A.M. Best's Rating Disclosure Form Press Release A.M. Best Revises Outlooks to Stable for Arch Reinsurance Ltd. and Its Subsidiaries October 11, 2018 Rating History A.M. Best has provided ratings & analysis on this company since 1977. Financial Strength Rating Effective DateRating 10/11/2018 A+ 8/30/2017 A+ http://ratings.ambest.com/CompanyProfile.aspx?ambnum=3186&URatingId=2392449&bl... 2/12/2019 Arch Insurance Company - Company Profile - Best's Credit Rating Center Page 3 of 5 8/17/2016 A+ u 8/21/2015 A+ 3/20/2014 A+ Long-Term Issuer Credit Rating Effective DateRating 10/11/2018 aa- 8/30/2017 aa- 8/17/2016 aa- u 8/21/2015 aa- 3/20/2014 aa- Best's Credit Reports Best's Credit Report -Where applicable, includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed business overview and key financial data. Report Revision Date: 11/28/2018 (represents the latest significant change). Historical Reports are available in Best's Credit Report Archive. View additional news, reports and products for this company. http://ratings.ambest.com/CompanyProfile.aspx?ambnum=3186&URatingld=2392449&bl... 2/12/2019 Arch Insurance Company - Company Profile - Best's Credit Rating Center Page 4 of 5 Press Releases Date Title Oct 11, 2018 A.M. Best Revises Outlooks to Stable for Arch Reinsurance Ltd.and Its Subsidiaries Aug 30,2017 A.M. Best Removes From Under Review, Affirms Credit Ratings of Arch Capital and Its Subsidiaries;Assigns Negative Outlooks Jan 03, 2017 A.M. Best Comments on Credit Ratings of Arch Capital Group and Its Subsidiaries Following Closing of United Guaranty Corporation Aug 17, 2016 A.M. Best Places Ratings of Arch Capital Group Ltd.and Its Subsidiaries Under Review With Developing Implications Aug 21,2015 A.M. Best Affirms Ratings of Arch Capital Group Ltd.and its Subsidiaries Jan 24, 2013 A.M. Best Affirms Ratings of Arch Reinsurance Ltd.and Its Operating Affiliates Jan 23, 2012 A.M. Best Upgrades Ratings of Arch Re Ltd.and Its Operating Affiliates Feb 01, 2011 A.M. Best Revises Outlook to Positive for Arch Capital Group Ltd and Its Subsidiaries Dec 15, 2009 A.M. Best Affirms Ratings of Arch Reinsurance Ltd.and Its Affiliates Oct 08, 2008 A.M. Best Upgrades Issuer Credit Ratings of Arch Reinsurance Ltd.and Affiliates 1 2 Page size: 10 17 items in 2 pages Find a Best's Credit Rating Enter a Company Name FGo Advanced Search How to Get a A+ Best's Credit Rating Best's Credit Ratings Moble App 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. A.M. Best(EU) Rating Services B.V. (AMB-EU), a subsidiary of A.M. Best Rating Services, Inc., is an External Credit Assessment(ECAI) in the EU.Therefore,credit ratings issued and endorsed by AMB-EU may be used for regulatory purposes in the EU as per Directive 2006/48/EC. http://ratings.ambest.com/CompanyProfile.aspx?ambnum=3186&URatingld=2392449&bl... 2/12/2019 Arch Insurance Company - Company Profile - Best's Credit Rating Center Page 5 of 5 Australian Disclosures A.M. Best Asia-Pacific Limited (AMBAP),Australian Registered Body Number(ARBN No.150375287), is a limited liability company incorporated and domiciled in Hong Kong.AMBAP is a wholesale Australian Financial Services(AFS) Licence holder(AFS No.411055) under the Corporations Act 2001. Credit ratings emanating from AMBAP are not intended for and must not be distributed to any person in Australia other than a wholesale client as defined in Chapter 7 of the Corporations Act. AMBAP does not authorize its Credit Ratings to be disseminated by a third-party in a manner that could reasonably be regarded as being intended to influence a retail client in making a decision in relation to a particular product or class of financial product.AMBAP Credit Ratings are intended for wholesale clients only, as defined. Credit Ratings determined and disseminated by AMBAP are the opinion of AMBAP only and not any specific credit analyst. AMBAP Credit Ratings are statements of opinion and not statements of fact. They are not recommendations to buy, hold or sell any securities or any other form of financial product, including insurance policies and are not a recommendation to be used to make investment/purchasing decisions. i Important Notice:A.M. Best's Credit Ratings are independent and objective opinions, not statements of fact. A.M. Best is not an Investment Advisor, does not offer investment advice of any kind, nor does the company or its Ratings Analysts offer any form of structuring or financial advice.A.M. Best's credit opinions are not recommendations to buy, sell or hold securities, or to make any other investment decisions. For additional information regarding the use and limitations of credit rating opinions, as well as the rating process, information requirements and other rating related terms and definitions, please view Understanding Best's Credit Ratings. About Us I Site Map I Customer Service I My Account I Contact I Careers I Terms of Use I Privacy Policy I Security Legal&Licensing Regulatory Affairs-Form NRSRO-Code of Conduct-Rating Methodology-Historical Performance Data Copyright©2019 A.M. Best Company, Inc. and/or its affiliates ALL RIGHTS RESERVED. http://ratings.ambest.com/CompanyProfile.aspx?ambnum=3186&URatingld=2392449&bl... 2/12/2019 ar- OBVA Compass 2805 Dublin Blvd 7 azz:ati W- co Springs. co 8o9 is Cencury m7lniele 3 8390 E Crescent Parki�,Vav- -- '4 i ra 650 Greenwood Village, CO 80111 Date Check Number Feb 7, 2019 00243757 5- - I 2 Amount W TV Hundred.Ninety Four Thousand Dollar's 00 CenA V, $294,000.00 Century Communities Inc The WORKS .': To CITY OF FRESNO PUBLIC Order 2600 FRESNO STREET Of FRESNO, CA 93721 ,M- Fill =-Z .... ...... a 5 S. F.,5 WN ......... 11800 243757iin 1: 10 700 12393123111: 25355L090.111 11121N P BSVA Compass Century Communities ommun es nF 2805 Dublin Blvd 82-531 ,F 7 k4j —cifw Peirkvvay 8390 E C�c-, Co Springs, CO B091 8 1070 650 Greenwood Village, CO 80111 Date Check Number Feb 7, 2019 00243756 A Amount P #-ze Thousand Six Hohdrdid-Sixty Nine Dollars 00 Cents $10,669.00 !NT. Century Communities Inc To JR. I The CITY OF FRESNO PUBLIC WORKS Order 2600 FRESNO STREET Of FRESNO, CA 93721 ,In 0 0 2 L, 3 ? S C311' 1: 10 700 6 9 3 61 253551091411, 88VA Compass x j: 2805 Dublin Blvd 82-531 :Century Cqmm�nitiiw It Co Springs, CO 80918 1070 814�1:0 rell 650 Greenwood Village, CO 80111 Date Check Number M Feb 7, 2019 00243758 T�Ae-I qk J R - '. Amount 01 Hawked 0. Seven Sixty Eight Thousand One Hundred Seventy Four Dollars* $768,174.39 *39 Cents' Century Comnjun�liplls Inc—) To The CITY OF FRESNO PUBLIC WORKS Order 2600 FRESNO STREET Of FRESNO, CA 93721 SIGNATURE HAS COLORED BACKGROUND•BORDER CONTAINS Nil CROF-RINT-Il Ill 2 4 3 7 5E10 1: 10 700 6 9 361: 25355109L4II"