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HomeMy WebLinkAboutT-6091 - Cashier Memo - 8/2/2017 `:'Vo` MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: August 2, 2017 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR TRACT NO 6091 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING. 1. Performance Bond in the amount of$304,000.00 2. Payment Bond in the amount of$152,000.00 3. 5% Performance Security a. Check in the amount of$15,000.00 (United Security Bank N.A. No. 266970) 4. Warranty Security a. Check in the amount of$7,000.00 (United Security Bank N.A. No. 266971) 5. The Balance on Exhibit B of the Subdivision Agreement a. Check in the amount of$45,832.80 (United Security Bank N.A. No. 266973) 6. Document preparation fees deposit into 180203 10101 34559 a. Check in the amount of$5,572.00 (United Security Bank N.A. No. 266965) 7. 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 iirn�—�!��y► PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: August 1, 2017 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR THE FINAL MAP OF TRACT NO. 6091 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: $304,000.00 2 Payment Bond in the amount of: $152,000.00 If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel HISK >YIANMEMIll! OI ION Approved [ A prove /Cho goo U Iq he Bond No.: 4414673 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas,the City Council of the City of Fresno,State of California,and Gary McDonald Development Co., Inc. ('principal")will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements,which said agreement, identified as Subdivision Agreement for the Final Map of Tract No.6091 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 SureTec Insurance Company as surety, are held and firmly bound unto the City of Fresno("City"), in the penal sum of Three Hundred Four Thousand&00/100 dollars ($304,000.00 ) 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 July 26th , 2017 Prinopal: ry McDon Dev to t Qb., Inc. By: ri ip rr' :iurety Sure Insurance p ny By:_ ;sur ) James R. Olsen,Attorney-in-Fact POA#: 510031 StirerT`ee Insurance Company LIMITED POWER OF ATTORNEY Know All Men by These Presents, That SURETEC INSURANCE COMPANY (the "Company"), a corporation duly organized and existing under the laws of the State of Texas, and having its principal office in Houston, Harris County, Texas, does by these presents make,constitute and appoint James R.Olsen its true and lawful Attorney-in-fact,with full power and authority hereby conferred in its name,place and stead,to execute, acknowledge and deliver any and all bonds,recognizances, undertakings or other instruments or contracts of suretyship to include waivers to the conditions of contracts and consents of surety for,providing the bond penalty does not exceed Five Million and 00/100 Dollars($5,000,000.00) and to bind the Company thereby as fully and to the same extent as if such bond were signed by the President,sealed with the corporate seal of the Company and duly attested by its Secretary,hereby ratifying and confirming all that the said Attorney-in-Fact may do in the premises. Said appointment shall continue in force until 12/3112019 and is made under and by authority of the following resolutions of the Board of Directors of the SureTec Insurance Company: Be it Resolved, that the President, any Vice-President, any Assistant Vice-President, any Secretary or any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more suitable persons as Attomey(s)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions: Attorney-in-Fact may be given full power and authority for and in the name of and of behalf of the Company, to execute, acknowledge and deliver,any and all bonds,recognizances,contracts,agreements or indemnity and other conditional or obligatory undertakings and any and all notices and documents canceling or terminating the Company's liability thereunder, and any such instruments so executed by any such Attomey-in-Fact shall be binding upon the Company as if signed by the President and sealed and effected by the Corporate Secretary. Be it Resolved, that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed to any power of attorney or any certificate relating thereto by facsimile,and any power of attorney or certificate bearing facsimile signature or facsimile seal shall be valid and binding upon the Company with respect to any band or undertaking t0 which it is attached. (Adoplerl at a meeting held on 200 afApril, 1999) In Witness Whereof, SURETEC INSURANCE COMPANY has caused these presents to be signed by its President, and its corporate seal to be hereto affixed this 19th day of April ,A.D. 2017 . CUM SURETEC. RAN E ANY ' �RAtVCI� y'0. i y 3 By: John Knox resi ut State of Texas ss: �s 1 d rY County of Harris - On this 19th day of April A.D. 2017 before me personally came John Knox Jr.,to me known,who,being by me duly sworn,did depose and say,that he resides in Houston, Texas,that he is President of SURETEC INSURANCE COMPANY, the company described in and which executed the above instrument;that he knows the seal of said Company;that the seal affixed to said instrument is such corporate seal;that it was so affixed by order of the Board of Directors of said Company;and that he signed his name thereto by like order. '"""''■ XENIA CHAVEZ �*qr nye r5'�' k_Notary Public,State of Texas "'= Comm.Expires 09-10-2020 '��FOf'� X to avez No Public •�,,,,j15��` Notary ID 129117659 y commission expires September 10,2020 I,M.Brent Beaty,Assistant Secretary of SURETEC INSURANCE COMPANY,do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney,executed by said Company,which is still in full force and effect;and furthermore,the resolutions of the Board of Directors,set out in the Power of Attorney are in full force and effect. Given under my hand and the seal of said Company at Houston, Texas this 26th rla of 0,:AssistantJSt,&etary 2017 A.D. B^ nt B Any instrument issued in excess of the penalty stated above is totally void and without any validity. For verification of the authority of this power you may call(7-13)812-0800 any business day between 8:00 am and 5:00 pm CST. CALIFORNIA ALL-PURPOSE CE 101FICATE OF ACKNOWLEDGMENT A notazy public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California County of Los Angeles On 07/26/2017 before me, Esteban Flores Notary Public, (Here incar t name and title of the officer) personally appeared James R. Olsen who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies),and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s)acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. ESTEBAN FLORES L Notary Public.California C WITNESS my hand and official seal. Los Angeles County Z Z Commisew 0 2159770 � M Corm.gx 0.+7870 (Notary Seal) € Signature of Notary Public F i ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM Any acknowledgment completed in California must contain verbiage exacth, as DESCRIPTION OF THE ATTACHED DOCUMENT appears above in the notary section or a separate acknowledgment,form must be properly completed and attached to that document. The only exception is if a Bond No.4414673 document is to be recorded outside of California. hi such instances,atry alternative (Title or description of attached document) acknowledgment verbiage as may be printed on such a document so long as the verbiage does not require the notary to do something that is illegal for a notary in N/A California (i.e. certifying the authorized capacity of tire signer).Please check the (Title or description of attached document continued) document carefully for proper notarial wording and attach this form if required. two 07/26/2017 • State and County information must be the Stale and Count,where the document F Number of Pages Document Date signer(s)personally appeared before the notary public For acknowledgment. • Date of notarization must be the date that the signer(s)personally appeared which N/A must also be the same date the acknowledgment is completed. (Additional information) • The notary public must print his or her name as it appears within his or her commission followed by a comma and then your title(notary public). • Print the name(s) of document signer(s) who personally appear at the time of notarization. CAPACITY CLAIMED BY THE SIGNER • Indicate the correct singular or plural forms by crossing orf incorrect forms(i.e. he/she/they-is/are)or circling the correct forms.Failure to correctly indicate this ❑ Individual(s) information may lead to rejection of document recording. ❑ Corporate Officer • The notary seal impression must be clear and photographically reproducible. ' Impression must not cover text or lines. If seal impression smudges,re-seal if a (Title) sufficient area permits,otherwise complete a different acknowledgment form. ❑ Partner(s) • Signature of the notarypublic must match the signature on file with the office of the county clerk-Attorney-in-Fact Additional information is not required but could help to ensure this ❑ Trustee(s) acknowledgment is not misused or attached to a different document. ❑ Other Indicate title or type of attached document,number of pages and date. € . Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer,indicate the title(i e.CEO,CFO,Secretary). • Securely attach this document to the signed document C2004-2015 Pror.ink Signing Senice,Inc.-AR Rights Reserved www.TheProLinkcom-Nationwide Notary Semite Bond No.: 4414673 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas,the City Council of the City of Fresno, State of California, and _Gary McDonald Development Co., Inc. ("principal") have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, identified as Subdivision Agreement for the Final Map of Tract No. 6091 , 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 Califomia. Now, therefore, the principal and SureTec 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 One Hundred F&-Two Thousand &00/100 dollars ($152,000.00 ), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor, that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or addition. In witness whereof,this instrument has been duly executed by the principal and surety above named, on July 26th , 2017 Principal: G onald qevto ment Co., lAc. By,-- /')( rinci Surety:. S ec Insura ce any (Surety) mes R. Olsen,Attorney-in-Fact POA#: 510031 SureTec Insurance Company MUTED POWER OF ATTORNEY Know All Men by These Presents, That SURETEC INSURANCE COMPANY (the "Company"), a corporation duly organized and existing under the laws of the State of Texas, and having its principal office in Houston, Harris County, Texas, does by these presents make,constitute and appoint James R.Olsen its true and lawful Attorney-in-fact,with full power and authority hereby conferred in its name,place and stead,to execute, acknowledge and deliver any and all bonds, recognizances, undertakings or other instruments or contracts of suretyship to include waivers to the conditions of contracts and consents of surety for,providing the bond penalty does not exceed Five Million and 00/100 Dollars($5,000,000.00) and to bind the Company thereby as fully and to the same extent as if such bond were signed by the President, sealed with the corporate seal of the Company and duly attested by its Secretary, hereby ratifying and confirming all that the said Attorney-in-Fact may do in the premises. Said appointment shall continue in force until 12131/2019 and is made under and by authority of the following resolutions of the Board of Directors of the SureTec Insurance Company: Be it Resolved, that the President, any Vice-President, any Assistant Vice-President,any Secretary or any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more suitable persons as Attomey(s)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions: Attorney-in-Fact may be given full power and authority for and in the name of and of behalf of the Company,to execute, acknowledge and deliver,any and all bonds,recognizances,contracts,agreements or indemnity and other conditional or obligatory undertakings and any and all notices and documents canceling or terminating the Company's liability thereunder, and any such instruments so executed by any such Attomey-in-Fact shall be binding upon the Company as if signed by the President and sealed and effected by the Corporate Secretary. Be it Resolved,that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed to any power of attorney or any certificate relating thereto by facsimile,and any power of attorney or certificate bearing facsimile signature or facsimile seal shall be valid and binding upon the Company with respect to any bond or undertaking to which it is attached. (Adopted at a mee{ing held on 2&of April, 1999) In Witness Whereof, SURETEC INSURANCE COMPANY has caused these presents to be signed by its President, and its corporate seal to be hereto affixed this 19th day of April ,A.D. 2017 . ORANC SUIRETEC T!!kF- N AY 4rG,f X q0 By: w' w n John Knox nt State of Texas ss: L County of Harris On this 19th day of April A.D. 2017 before me personally came John Knox Jr.,to me known,who,being by me duly sworn,did depose and say,that he resides in Houston, Texas,that he is President of SURETEC INSURANCE COMPANY,the company described in and which executed the above instrument;that he knows the seal of said Company;that the seal affixed to said instrument is such corporate seal;that it was so affixed by order of the Board of Directors of said Company;and that he signed his name thereto by like order. ,p11R!!y �a�firrAts,,+ XENIA CHAVEZ Notary Public,State of Texas Comm.Expires 09-10-2020 y ...•e6 �`••;°;, `� Notary ID 129117659 �, is avez,Notary Public y commission expires September 10,2020 I,M.Brent Beaty,Assistant Secretary of SURETEC INSURANCE COMPANY,do hereby certify that the above and foregoing is a true and correct copy of a Power of Attomey,executed by said Company,which is still in full force and effect; and furthermore,the resolutions of the Board of Directors,set out in the Power of Attorney are in full force and effect. Given under my hand and the seal of said Company at Houston, Texas this 2 6 til da of Ju 2 01 7 A.D. xtt Be ,Assistant Se etary Any instrument issued in excess of the penalty stated above is totally void and without any validity. For verification of the authority of this power you may call(713)812-0800 any business day between 8:00 am and 5:00 pm CST. CALIFORNIA ALL-PURPOSE CERTIFICATE OF ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the dociunent to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California County of Los Angeles On 07/26/2017 before me, Esteban Flores ,Notary Public, (Here insert name and title of the officer) personally appeared James R. Olsen who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized j capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. ESTE84NFLORES Notary Pubk-California WITNESS my hand and official seal. Los Angslas County Z Commission xM �►Ave 9 TO M Com.!<Ce9.2020 Signature of Notary Public (Notary,ca ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM Ain, acknowledgment completed in California must contain verbiage exactly as DESCRIPTION OF THE ATTACHED DOCUMENT appears above in the notary section or a separate aeknowled_gmew form must be properly completed and attached to that document. The only exception is if a Bond No.4414673 document is to be recorded outside of California.hu such instances,any alternative (Title or description of attached document) acknowledgment verbiage as may be printed au such a document so long as the verbiage does not require the notary to do something that is illegal for a notary in N/A California (i.e. certifying the authorized capacity of the signer). Please check the (Tide or description of attached document continued) document carefully for proper notarial wording and attach this form iJ'required. twO 07/26/2017 - State and County information must be the State and County where the document Number of Pages Document Date signers)personally appeared before the notary public For acknowledgment. - Date of notarization must be the date that the signer(s)personally appeared which N/A _ must also be the same date the acknowledgment is wmpleted. (Additional information) - The notary public must print his or her name as it appears within his or her commission followed by a comma and then your title(notary public). - Print the nanre(s) of document signer(s) who personally appear at the time of notarization. CAPACITY CLAIMED BY THE SIGNER - Indicate the correct singular or plural forms by crossing off incorrect forms(i.e. he/she/they-is/are)or circling the correct forms.Failure to correctly indicate this ❑ Individual(s) information may lead to rejection of document recording. ❑ Corporate Officer - The notary seal impression must be clear and photographically reproducible. impression must not cover text or lines. if seal impression smudges,re-seal if a (Title) sufficient area permits,otherwise complete a different acknowledgment form. ❑ Partner(s) - Signature of the notary public must match the signature on file with the office of the aiunty clerk. ❑✓ Attorney-in-Fact . Additional information is not required but could help to ensure this ❑ Trustee(s) acknowledgment is not misused or attached to a different document. ❑ Other indicate title or type of attached document,number of pages and date. Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer,indicate the title(i.e.CEO,CFO,Secretary). - Securely attach this document to the signed document i CM14-2015 ProIJnk Signing Service,Inc—All Rights Reserved mvw TheProT ink_corn—Nationwide Notary Service 8/2/2017 Company Profile CALIFORNIA DEPARTMENT OF INSURANA COMPANY PROFILE Company Profile Company Search Company Information Company Information SURETEC INSURANCE COMPANY Old Company 1330 POST OAK BLVD., SUITE 1100 Names HOUSTON, TX 77056 Agent for Service Reference Old Company Names Effective Date Information NAIC Group List Lines of Business Agent For Service Workers' Vivian Imperial Compensation 818 WEST SEVENTH STREET Complaint and SUITE 930 Request for LOS ANGELES CA 90017 Action/Appeals Contact Information Financial Statements Reference Information PDF's Annual Statements NAIC #: 10916 Quarterly California Company ID #: 4914-8 Statements Company Complaint Date Authorized in California: 10/24/2005 Company Performance & License Status: UNLIMITED-NORMAL Comparison Data Company Type: Property & Casualty Company Enforcement Action State of Domicile: TEXAS Composite Complaints Studies Additional Info back to top Find A Company Representative In NAIC Group List Your Area View Financial Disclaimer NAIC Group # 0785 MARKEL CORP 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. SURETY back to top © 2008 California Department of Insurance https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfile&doFunction=getCompanyProfile&eid=105670 1/1 8/2/2017 SureTec Insurance Company-Company Profile-Best's Credit Rating Center A.M. Best Rating Services SureTec Insurance Company u A.M.Best 8:012227 NAIC M 10916 FEIN N:760569746 Domiciliary Address Fina.W 6trrrplh Rein0 1330 Post Oak Blvd.Suite 1100 p�sr Houston,TX 77056 A Bte1lont United States e Assigned to insurance companies that have,in our opinion, Web:www.suretec.com an excellent ability to meet their ongoing insurance Phone:713-812-0800 obligations. Fax:713-812-0406 View additional news,reverts and products for this company. Based on A.M.Best's analysis,051533-SureTec Financial Com 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 u(Excellent) Financial Size Category: VII($50 Million to$100 Million) Implication: Positive Action: Under Review Effective Date: February 03,2017 Initial Rating Date: September 20,2002 Long-Term Issuer Credit Rating View Definition Long-Term: a u Implication: Positive Action: Under Review Effective Date: February 03,2017 Initial Rating Date: January09,2008 u Denotes Under Review Best's Rating i Best's Credit Rating Analyst Rating Issued by:A.M Best Rating Services,Inc. Director:Jennifer Marshall,CPCU,ARM Senior Director:Michael J.Lagomarsino,CFA,FIRM Disclosure Information J, it View A.M.Best's Rating Disclosure Form Best Places Credi a5n uw-Tec.I risurance Co and SureTec I ndernnity Ca,Under f3eyjeW with P s Wye I rf1pliaaln February 03.2017 Rating History A.M.Best has provided ratings&analysis on this company since 2002. Financial Strength Rating Effective Date Rating 2/3/2017 A u 2/24/2016 A 2/6/2015 A 1/31/2014 A 12/20/2012 A Long-Terre Issuer Credit Rating Effective Date Rating 2/3/2017 au 2/24/2016 a 2/6/2015 a. 1/31/2014 a 12/20/2012 a http://www3.ambest.com/ratings/entities/SearchResults.aspx?AltSrc=9 1/2 8/2/2017 SureTec Insurance Company-Company Profile-Best's Credit Rating Center Related Financial and Analytical Data The following links provide access to related data records that A.M.Best utilizes to provide financial and analytical data on a consolidated or branch basis. AMB# Company Name Company Description 019152 SureTec Insurance Group(C) Represents the"as filed"Company Consolidated financials for the Property/Casualty business of this legal entity. 018838 SureTec Insurance Group(G) Represents the A.M.Best Consolidated financials for the Property/Casualty business of this legal entity- Rating Unit 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. I Report Revision Date:4/18/2017(represents the latest significant change). Historical Reports are available in AMB Credit Report Archive. View additional news,reports and products for this company. Press Releases Date Title — .. ........... Feb 03,2017 AN-ftst Plages Credit Ratings of 5ureTeC,Insurance Co.end SureTec lndem_nibr CQUder Review with Pmitlye Im ri licati ans Feb 06,2015 A.M.Best Revises Outlook of Issuer Credit Rating to Positive for SureTec Insurance Company Jan 31,2014 A-M-Best Affi rms Ratings of SijreTec Insura re Corn pa n y and Assl U ns Ratin Els to Its 5uIasi dia SureTec I nd em n i ty Co Apr 23,2009 A.M.Best Upgrades Ratings of SureTec Insurance Company 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. Australian Disclosures A.M Best Asia-Paciflc 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- 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 A.M.Best I Site Map I Customer Service I Member Center I Contact Info l Careers I Terms of Use l Privacy Policy I Security l Legal&Licensing Regulatory Affairs-Form NRSRO-Code of Conduct-Rating Methodology-Historical Performance Data Copyright©2017 A.M.Best Company,Ind and/or its affiliates ALL RIGHTS RESERVED- http://www3.ambest.com/ratings/entities/SearchResuIts.aspx?AltSrc=9 2/2 �F?i171�I+1.1xH;i.1_ I:i�f.l�[v7:1 .1:a[►k:trl:{vllf:l.]_I:iaId+3.l fmll114j, ]�.SIIMIk&'ajyF. 11:3 '>7t�=14�:f i *i�,i �1r:L.� ' GARY McDONALD DEVELOPMENT CO. UNITED EAST SECURITY BVENUEN.A. ga411 266970 1041 EAST SHAW AVENUE 1211 11326 N.GLENCASTLE WAY FRESNO,CA 93710 FRESNO,CA 93730-7003 07/31/17 PAY TO THE City of Fresno ****151000 . 00* ORDER OF $ *FIFTEEN THOUSAND DOLLARS AND NO CENTS DOLLARS City of Fresno Fresno CAP�SENS,T Qi L r m MEMO 0003015 v266970li' i: L2LL4L495': 002 L272370 GARY MCDONALD DEVELOPMENT CO. UNITED SECURITY BANK N.A. 90-4149 266971 11326 N.GLENCASTLE WAY 1041 EAST SHAW AVENUE 1211 FRESNO,CA 93710 FRESNO,CA 93730-7003 07/31/17 PAY TO THE City of Fresno *****7, 000 . 00* ORDER OF $ *SEVEN THOUSAND DOLLARS AND NO CENTS DOLLARS City of Fresno Fresno CA r m MEMO 0003015 To GARY MCDONALD DEVELOPMENT CO. UNITEDASTSHA EIANK AVENUE N.A. 9D 4149 266973 11326 N.GLENCASTLE WAY 1�FRE NO,CA 99710 UE 1211 FRESNO,CA 93730-7003 08/01/17 PAYTOTHE City of Fresno ****45, 832 . 80* ORDER OF $ *FORTY FIVE THOUSAND EIGHT HUNDRED THIRTY TWO DOLLARS AND 80 CENTS DOLLARS City of Fresno Fresno CA tSENg, 4,P L r m MEMO 0003015 �* TO 11026697311' i: L2LL40t95i: 002 L2723711 GARY DATEcDoINVOICE NONALD NCOMMENT AMOUNT DISCOUNT NETA,'?pA 73 )8/01/17 17-0801 Subdivision Agreement 45, 832 . 80 . 00 45, 832 . 80 BANK GARY McDONALD DEVELOPMENT CO. U1041 EAST SHA AVENUE sa411 266965P 11326 N.GLENCASTLE WAY 1041 EAST CA X10 uE 1211 FRESNO,CA 9373x7003 07/25/17 'AYTOTHE City of Fresno *****5, 572 . 00* )RDER OF $ *FIVE THOUSAND FIVE HUNDRED SEVENTY TWO DOLLARS AND NO CENTS .DOLLARS City of Fresno } Fresno CA r' m MEMO 0003015 TO 116 2C36965,10 i: 1210, 1495i: 002 12723Tia