23935-Final Topaz 95CITY OF LA QUINTA
SUBDIVISION IMPROVEMENT AGREEMENT
THIS SUBDIVISION IMPROUPMENT AGREEMENT (the "Agreement") is made and entered into this
+--,`' day of � ern, , 19 96 , by and between Topaz
Associates Limited Partnership a California Limited Partnership hereinafter referred to as "Subdivider," and the
City of La Quinta, a municipal corporation of the State of California, hereinafter referred to as "City."
A. Subdivider has prepared and filed a final map (the "Tract Map") of a tract of land in the City of La
Quinta, County of Riverside, which tract is known as Tract No. 23935 (Final) (the "Tract") pursuant to the
provisions of Section 66410, et sec. of the California Government Code (the "Subdivision Map Act").
B. Prior to approval of the Tract Map, Subdivider is required to install or agree to install certain public
and private improvements (the "Improvements")
C. The requisite improvements have not been installed and accepted at this time.
D. It is therefore necessary that Subdivider and City enter into an agreement for the installation of the
improvements as provided in Section 66462 of the Subdivision Map Act.
NOW, THEREFORE, it is agreed by and between the parties hereto as follows:
1. Revision of Plans. Subdivider shall, within thirty (30) days of City Council approval of the Tract Map,
complete final corrections and revisions to improvement plans and submit for approval original plans meeting
the requirements of the City Engineer.
2. Improvements. Subdivider shall construct the public and private street, drainage, utility, landscaping,
and other improvements required to be constructed or agreed to be constructed under this Agreement as listed
and described in the List of Improvements attached hereto as Exhibit "A" and incorporated herein (the
"Improvements"), and shall bear the full cost thereof. The methods, standards, specifications, sequence, and
scheduling of construction shall be as approved by the City Engineer.
3. Improvement Security.
A. As a condition of City Council approval of the Tract Map, Subdivider shall have furnished
performance and payment securities to City as a guarantee of the completion of the Improvements, as set forth
in Government Code Section 66499 et sec. One class of security to be provided by Subdivider, hereinafter
referred to as "performance security," shall assure the faithful performance of this Agreement including
payment of associated plan check and permit fees. A second class of security to be provided by Subdivider,
hereinafter referred to as "payment security," shall assure the payment of the cost of labor, equipment and
materials supplied to construct the Improvements. A third class of security to be provided by Subdivider,
hereinafter referred to as "guarantee security," shall serve as a guarantee and warranty of the Improvements
for a period of one year following the completion and acceptance of the Improvements.
B. Subject to the approval of the City Engineer, security may be furnished in the form of (1) a
deposit of cash or negotiable bonds, of the kind approved for securing deposits of public moneys with City or
in favor of City, with a responsible escrow agent or trust company, (2) bonds which are of the form specified
in Section 66499.2 of the Subdivision Map Act and satisfactory in form and substance to the City Attorney
and are executed by a corporation authorized to transact surety business in the State of California, (3) an
instrument of credit from an agency of the state, (3) an instrument of credit from an agency of the state,
federal, or local government when any agency of the state, federal, or local government provides at least
twenty percent (20%) of the financing for the Improvements to be completed, or from one or more financial
institutions subject to regulation by the state or federal government and pledging that the funds necessary to
carry out the completion of the Improvements are on deposit and guaranteed for payment, or a letter of credit
issued by such a financial institution, (4) a lien upon the Tract, created by contract between City and
Subdivider, if City finds that it would not be in the public interest to require the installation of the Improvements
sooner that two (2) years after the recordation of the Tract Map, (5) an irrevocable instrument of credit from
one or more financial institutions subject to regulation by the state or federal government pledging that the
funds necessary to carry out the agreements are on deposit, guaranteed for payment, and constitute a trust
fund which is not subject to levy or attachment by any creditor of the depositor until released by the City,
and/or (6) an irrevocable instrument of credit issued by a financial institution subject to regulation by the state
or federal government guaranteeing that all or any portion of the funds available pursuant to the letter of credit
will be paid upon the written demand of the City Engineer, and that such written demand need not present
documentation of any type as a condition of. payment, including proof of loss. Irrevocable instruments of credit
specified in (5) and (6) hereinabove shall be issued by financial institutions having a Moody's Financial Service
rating of "A" or better and evidence of such rating shall accompany the instruments when submitted to the
City for approval. The duration of any such bond or letter of credit shall be for a period of not less than one
year from the execution of the Agreement or such longer period for completion of the Improvements,
Subdivision Improvement Agreement - Tract 23935 (Final) Page 1 of 4
whichever is greater; further provided that the duration of such bond or letter of credit shall be extended to
provide the performance security holdback provided in Section 13 hereof.
C. All securities shall be furnished in accordance with the provisions of Exhibit A. Separate
security shall be furnished for performance security and payment security. The amount of the performance
security shall equal One Hundred Percent (100%) of the estimated cost of constructing the Improvements,
including payment of plan check and permit fees, as estimated by the City Engineer or a duly authorized
representative of the City Engineer. Payment security shall equal Fifty Percent (50%) of the amount of
performance security except as otherwise set forth in Exhibit A. City shall retain Ten Percent (10%) of the
performance security for one (1) year following acceptance or approval of the Improvements to support the
guarantee of the Improvements pursuant to Section 12 hereof. As part of the obligation secured by each of
the performance security, payment security and guarantee security, and in addition to the face amount of each
such security, each such security shall include and assure the payment of costs and reasonable expenses and
fees, including reasonable attorney's fees, incurred by the City in successfully enforcing the obligations thereby
secured.
D. Certain Improvements required herein may be deferred for construction by others at a later date.
Deferred improvements, if any, are identified in Exhibit A. Security furnished for deferred improvements shall
remain in place until the deferred improvements are constructed and costs are known and shall guarantee the
reimbursement by Developer of Developer's share of the cost of the deferred improvements.
Upon written demand from City, Developer shall deposit cash with City in lieu of or in replacement of
securities guaranteeing deferred improvements.
4. Permits Required. Prior to commencing any phase of work, Subdivider shall obtain all permits required
for that phase of work and pay all required fees. Work performed under a permit or permits shall comply with
all provisions of the required permits.
5. Off -site Improvements. When the construction of one or more of the Improvements required or
necessitates the acquisition of real property not owned by Subdivider or City, Subdivider shall use its best
efforts to purchase such real property at a reasonable price. In the event that Subdivider is unsuccessful,
despite its best efforts, to acquire such real property at a reasonable price, Subdivider may request in writing
that City attempt to acquire such real property. City may, but is not required to, agree to attempt to acquire
such real property on behalf of Subdivider. If City so agrees, City and Subdivider shall enter a separate written
agreement therefor in a form acceptable to the City Attorney. Such agreement shall provide that Subdivider
will advance City One Hundred Fifty Percent (150%) of the appraised fair market value of the real property,
with any unexpended funds refunded to Subdivider and any additional funds required for City's acquisition paid
by Subdivider upon the conveyance of such real property to Subdivider. In no event shall the failure of
Subdivider or City to acquire such real property excuse, waive, or otherwise terminate Subdivider's obligation
to construct the applicable Improvement pursuant to this Agreement or the conditions to approval of the Tract
Map.
6. Completion of Improvements. Subdivider shall begin construction of the Improvements within ninety
(90) days and shall complete construction within twelve (12) months after the approval of this Agreement.
Portions of the Improvements may be completed at a later date, as determined by the City Engineer as set forth
in Exhibit A.
7. Force Maieure. In the event that Subdivider is unable to perform within the time limits herein due to
strikes, act of God, or other events beyond Subdivider's control, the time limits for obligations affected by such
events will be extended by the period of such events.
8. Time Extension. Subdivider may make application in writing to the City Council for an extension of
time for completion of the Improvements. The City Council, in its sole and absolute discretion, may approve
or deny the request or conditionally approve the extension with additions or revisions to the terms and
conditions of this Agreement.
As a condition of the time extension, Subdivider shall furnish to City securities, similar in form and
substance to those required in Article 3 hereinabove, to cover the period of extension. The value of the
securities shall be sufficient to insure the performance of and payment for improvement work that remains
incomplete at the time of the extension, and to provide guarantee security on completed improvements.
9. Survey Monuments. Before final approval of street improvements, Subdivider shall place survey
monuments in accordance with the provisions of Sections 66495, et sec. of the Subdivision Map Act and
Section 13.20.100 of the City Subdivision Ordinance. Subdivider shall provide the City Engineer written proof
that the monuments have been set and evidence of payment and receipt thereof by the engineer or surveyor
setting of the monuments.
10. Approval of Improvements. At the completion of construction and prior to acceptance of the
improvements by the city, Subdivider shall submit a request for final approval by the city. The request shall
be accompanied by any required certifications from Subdivider's engineers or surveyors and any required
construction quality documentation not previously submitted.
Subdivision Improvement Agreement - Tract 23935 (Final) Page 2 of 4
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written
above.
CITY OF LA QUINTA:
SUBDIVIDER:
By: Topaz Associates, L.P., a
California limited partnership
By: Century Homes Communities, a
California Corporation, G.P.
By:
Gary We raub
Title: Assistant Secretary
Reviewed and Approved:
Approved as to Form:
12
Tom Genovese
City Manager
ADDRESS:
1535 South "D" Street, Ste.200
San Bernardino, CA 92408
is ZZ /ffj�
City Engine Da e
4"",C`
, "/" 4
City Attorney
Date
Subdivision Improvement Agreement - Tract 23935 (Final) Page 4 of 4
Exhibit A
LIST OF IMPROVEMENTS AND SECURITY AMOUNTS - TRACT 23935 (Final)
Except as otherwise provided herein, Subdivider shall furnish performance security and payment security
prior to City Council approval of the final map.
As elements of the work are completed, Subdivider may request a maximum of three partial releases of
performance security. Requested releases will be evaluated and may be granted, in whole or in part, by
the City Engineer. Requests for partial releases, setting forth in detail the amount of work completed and
the value thereof, shall be made in writing to the City Engineer.
Improvement Description
Grading:
Performance
$88,800
Labor & Materials
$44,400
Domestic Water:
41,800
20,900
Sanitary Sewer:
35,200
17,600
Underground Electric:
37,000
18,500
Off -site Retention Basin: '
39,000
19,500
On -site Streets:
114,800
57,400
Wall, Lndscpg & Sidewalk at 23935-6, 23935 (Final)
114,000
57,000
Site Restoration @ Model Complex:
10,600
5,300
Survey Monumentation
35.200
- 0
Totals:
$ 516,400
$240, 600
This amount represents the pro rata share of this tract's 32 lots of the total
315 lots proposed to drain
into a $384,000 shared basin
to be constructed on Tract 25363.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
No. 5907
State of Cal i forn i a
County of San Bernardino
On July 28, 1995
DATE
personally appeared
before me, Doris A. Benoit, Notary Public
Gary Weintraub **
NAME, TITLE OF OFFICER - E.G., -JANE DOE, NOTARY PUBLIC"
NAMES) OF SIGNER(S)
® personally known to me - OR Rrowspel
-
to be the person(-&) whose name(OQ�iqafe-
subscribed to the within instrument and ac-
knowledged to me tha he executed
the same in his authorized
capacity(+e&), and that by is
.� DORIS A. BENOIT signature(s) on the instrument the person(s},
cn Comm. No. 997106 X or the entity upon behalf of which the
M NOTARY PUBLIC - CALIFORNM
(5 SAN BERNARDINO COUNTY person( acted, executed the instrument.
My Comm. Exp. June 13, 1997
WITNESS my hand and official seal.
SIGNATURE OF NOTARY
OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
❑ INDIVIDUAL
I9 CORPORATE OFFICER
Assistant Secretary
TITLE(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
❑ ATTORNEY -IN -FACT
❑ TRUSTEE(S)
❑ GUARDIAN/CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
Ceitury Homes Communities
DESCRIPTION OF ATTACHED DOCUMENT
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE
01993 NATIONAL NOTARY ASSOCIATION • 8236 Remmet Ave., P.O. Box 7184 • Canoga Park, CA 91309-7184
�Lrz.l�
insc
q!ilco
C�G�OMG�
BOND NO:
192769S
INITIAL PREMIUM: $710.00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
GRADING BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
City of La Quinta
as Obliggee, in the sum of Eighty Eight Thousand Eight Hundred and 00/ 100 * * * * *
($ 88, 800.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. ,
23935 (Final) entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at Upland ,
California, this 26th day of July , 19 __ .
"PRINCIPAL"
Topaz Associates, L.P., A California Limited
rartnersnip
By: Century Homes Communities, a
California Corporation, G.P.
By*ar
- eo
Pi:ntraub, Assistant Secretary
"SURETY"
DEVELOPERS INSURANCE COMPANY
n
BY:
Mi ael Hensel Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
DI 113 Rev. 2/91
BOND NO: 192769S
� �Q��p PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR ANNDIMAB ER IAL BOND
GRADKNOW ALL MEN BY THESE PRESENTS:
Topaz Associates, L.P. , A California Limited Partnership , as Principal,
That we,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the tate
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
City of La Quinta
as Obliggee in the sum of Forty Four Thousand Four Hundred and 00/ 100 * * * *
($ 44 , 400.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
Citv of La Quinta as Obligee for the improvements in the
subdivision designated as (Tract/ Parcel) Map No.
23935 (Final) , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland
California, this 26th day of
JulV 119 —9-a_ .
"PRINCIPAL"
Topaz Associates, L.P., A California Limited
Partnership
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY:
Mich el J. ALIJensel Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
THE
PG(v--;,
ROUP
BOND NO:
192770S
INITIAL PREMIUM: $334.00
SUBJECT TO RENEWAL.
DOMESTIC WATER BOND
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obligee, in the sum of Forty One Thousand Eight Hundred and 00/100 * * * *
(S 41, 800.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. ,
23935 (Final)
said agreement or agreements.
entered into an agreement or agreements with said Obligee to complete the improvements specified in
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland
California, this 26 th day of July 119 5 .
"PRINCIPAL"
Topaz Associates, L.P., A California
Limited Partnership
By: Century Homes Communities, a
California Corporation, G.P.
By: ?-00'9S
Gar ntraub, Assistant Secretary
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY: I � 7 V �4d
Mich el J. ensel Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
DI 113 Rev. 2/91
BOND NO: 192770S
b1co PREMIUM INCLUDED
gF IN PERFORMANCE BOND.
DOMESTIC WATER BOND
SUBDIVISION IMPROVEMENTS IBOND
LABOR AND MATE
KNOW ALL MEN BY THESE PRESENTS:
That we,
Topaz Associates, L.P., A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing businessunder and
by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California y, are held and firmly bound unto
The City of La Quinta
as Obligee, in the sum of
Twenty -Thousand Nine Hundred and 0
($ 20, 900. 00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
The city of La Quinta as Obligee for the improvements in the
T , as required
subdivision designated as (Tract/Parcel) Map ?�o. 23935 (Final)
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland ,
26 th day of Jul , 19 �---
California, this y
"PRINCIPAL"
Topaz Associates, L.P., A California Limited
Partnership
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY: "^'
Mic ael Hensel Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 212 (Rev. 5/92)
I�Tmc�
in.g�q!ilco
C�G�OMC�
BOND NO:
192771S
INITIAL PREMIUM: $282.00
SUBJECT TO RENEWAL.
SANITARY SEWER BOND
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obliggee, in the sum of Thirty Five Thousand Two Hundred and 00 / 100 * * * * *
(S 35 , 200.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No.
23935— (Final)
said agreement or agreements.
entered into an agreement or agreements with said Obligee to complete the improvements specified in
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said. term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland
California, this 26 th day of July , 19 95 .
"PRINCIPAL" "SURETY"
Topaz Associates, L.P. , A California DEVELOPERS INSURANCE COMPANY
Limited Partnership
By: Century Homes Communities, a`'�"
California Corporation, G.P. BY:
B Y �S Micha 1 J. ensel Attorney -in -Fact
f
y Weintraub, Assistant Secretary 17780 Fitch
Irvine, California 92714
(714) 263-3300 a
DI 113 Rev. 2/91
BOND NO:
192771S
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SANITARY SEWER BOND
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
That we,
Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obligee, in the sum of Seventeen Thousand Six Hundred and 00%100 * * * * -
($ 17 , 600.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
The City of La Quinta as Obligee for the improvements in the
subdivision designated as (Tract/Parcel) Map No. 23935 (Final) , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland ,
California, this
26 th
"PRINCIPAL"
day of July , 19 95 —
Topaz Associates, L.P., A California Limited
Partnership
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY:
'� tikJ/0
Mi hael J Hensel Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
192772S
insc=%1r.0
BOND NO:
TIAL PREMIUM: $296.00
�OMp IN I ,
SUBJECT TO RENEWAL.
UNDERGROUND ELECTRIC BOND
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we,
Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obligee, in the sum of Thirty Seven Thousand and 00/ 100 * * * * *
(S 37 , 000.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. ,
23935 (Final)
said agreement or agreements.
entered into an agreement or agreements with said Obligee to complete the improvements specified in
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland
California, this 26 th day of July , 19 95 .
"PRINCIPAL"
Topaz Associates, L.P., A California
Limited Partnership
By: Century HoOns Communities, a
California Corporation, G.P.
By• %
r Weintraub Assistant Secretary
"SURETY"
DEVELOPERS INSURANCE COMPANY
01
BY:
Michae J. H sel Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714)263-3300
DI 113 Rev. 2/91
- --
d
BOND NO: 192772S
`CO PREMIUM INCLUDED
o LU! [� IN PERFORMANCE BOND.
UNDERGROUND ELECTRICIMPROVEMENTS
LABOR AND MATERIAL ATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS: , as Principal,
To az Associates, L.P., A California Limited Pa
rtnershider and b virtue of the laws of the State
d doing business
and
DEVELOPERS INSUR
That we, r
ANCE COMPANY, a corporation organized
s'intheSae of California as Surety, are held and firmly bound unto
of California and duly licensed to conduct a general surety usines
The (,1.Ly OI La �.,1u....
as Obligee, in the sum of——"Ei een ur heirs, executors an
($ 18, 500.00 ) Doll
ars, for which payment, well and truly to be made, we bind ourselves, o
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT: art of this bond, with the
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a p
as Obligee for the improvements in the
The City of La Quinta
as required
subdivision designated as (Tract/ Parcel) Map No. 2,93
5 F ina
by the Government Code of California. payment to an contractor, his
ake
NOW THEREFORE,
the condition of this obligation is such, that if the above Principolihelmtfort he mprovement required by said
subcontractors, or to persons renting equipment or furnishing labor
an amount notsexceeding the sum specified in this bond.
agreement or agreements, the Surety on this bond will pay the same. .10 of the Government Code of
executed and filed to comply with Section 66499 through and including
contractorslo hei66499.
subcontractors and persons renting
This bond is and all
California as improvement security, and shall inure hem for the improvement. Notice of extension of time for completion is waived by the
equipment or furnishing labor or materials to t
Surety.
signature of said Principal is hereto affixed and the corporate seal and the name of the said
g
1N WITNESS WHEREOF, the seal and
Upland
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
California, this
26 th day of Jul
"PRINCIPAL"
Topaz Associates, L.P., A California Limited
--Partnership
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY:
—Xi ael Hensel Attorney-in-Fac
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
insc-
m4blco
C�CC�O�G�
BOND NO:
192773S
INITIAL PREMIUM:
SUBJECT TO RENEWAL.
OFF SITE RETENTION BASIN BOND
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obl19,
ee, in the sum of Thirty Nine Thousand and 00/ 100 * * * * *
(S 000.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. ,
23935 (Final)
said agreement or agreements.
entered into an agreement or agreements with said Obligee to complete the improvements specified in
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland
California, this 26 th day of July , 19 _ 95 .
"PRINCIPAL"
Topaz Associates, L.P., A California
Limited Partnership
By: Century Homes Communities, a
California Corporation, G.P.
B
y Weintraub, Assistant Secretary
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY: 44
"Wl i I -
Mic ael J. Ifensel Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
D1113 Rev. 2/91
RICO
(�3s-go
t • It • 0yj�
PREMIUM INCLUDED
IN PERFORMANCE BOND.
OFF SITE RETENTION BASIN BOND
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obligee, in the sum of Nineteen Thousand Five Hundred and 00/ 100 * * * *
($ 19,500.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
The City of La Quinta as Obligee for the improvements in the
subdivision designated as (Tract/Parcel) Map No. 23935 (Final) , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at Upland
California, this 26 th day of July , 19 95 .
"PRINCIPAL"
Topaz Associates, L.P., A California Limited
Partners ip
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY:
/." - Z' y �- �
Mic ael J Hensel Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
lnscqo �c
C�G30MC�
BOND NO:
192774S
INITIAL PREMIUM: $918 * 00 ,
SUBJECT TO RENEWAL.
ON SITE STREET BOND
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, Topaz Associates, L.P. , A California Limited Partnership , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
The City of La Quinta
as Obligee, in the sum of One Hundred Fourteen Thousand Eight Hundred and 00/100 * * * *
(S 114, 800.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. ,
23935 (Final)
said agreement or agreements.
entered into an agreement or agreements with said Obligee to complete the improvements specified in
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
Upland
California, this 26 th day of July , 19 95 .
"PRINCIPAL"
Topaz Associates, L.P., A California
Limited Partnership
By: Century Homes Comnuntties, a
California Corporation, G.P.
By:'r��
ary ntraub, Assistant Secretary
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY: — "_g, 4 _T_
Micha 1 J. ilknsel Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
D1113 Rev. 2/91
BOND NO: 192774S
GROUP
PREMIUM INCLUDED
IN PERFORMANCE BOND.
ON SITE STREET BOND
SUBDIVISION IMPROVEMENTS BOND
LABOR AND MATERIAL
KNOW ALL MEN BY THESE PRESENTS:
Topaz Associates, L.P., A California Limited Partnership as Principal.
That we,
and DEVELO
PERS INSURANCE COMPANY, a corporation organized and doing business undeSurety, by vi ue of the law of the State
of California and duly licensed to conduct a general surety business in the State of California as y, are held and firmly bound unto
The City of La Quinta
in the sum of Fif t Seven Thousand Four Hundred and- 00 100
as Obligee,bind ourselves, our heirs, executors and
ly to be made, we
($ 57,400.00 ) Dollars, for which payment, well and tru
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS,
the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
as Obligee for the improvements in the
The City of La Quinta
subdivision designated as (Tract/ Parcel) Map No.
2 3 Final , as required
by the Government Code of California. his
NOW THEREFORE, the condition of this obligation is such, that if the above Principal to helmtfor1the ake improvement any
requ red bycontractor,
said
subcontractors, or to persons renting equipment or furnishahe sameing . in an amount notor and sexceeding the sum specified in this bond.
agreement or agreements, the Surety on this bond will pay
Gover
Code
of
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the and n ent renting
California as improvement security, and shall inure to the benefit of any and all contractors, xtensiontofltime for completion is waived by the
subcontrequipment or furnishing labor or materials to them for the improvement Notice of e
Surety.
WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
IN WITLESS
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at
U land
California, this 26 th day of
Jul , 19 �—'
"PRINCIPAL"
Topaz Associates, L.P., A California Limited
Partnership
"SURETY"
DEVELOPERS INSURANCE COMPANY
BY:
Mic el J.insel Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
in--tairmo
� C�G�30Mp
BOND NO:
192885S
INITIAL PREMIUM: $912.00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
WALL, LANDSCAPING & SIDEWALK
KNOW ALL MEN BY THESE PRESENTS:
That we, TOPAZ ASSOCIATES, L.P. , A CALIFORNIA LIMITED PARTNERSHIP , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF LA QUINTA
78-495 Calle Tampico, La Quinta, CA 92253
as Obligee, in the sum of ONE HUNDRED FOURTEEN THOUSAND AND N01100 --------------------------------
(s 114,000.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. 23 35- ,
& 23935-F
entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at Upland
California, this
5 th
"PRINCIPAL"
day of
TOPAZ ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
By: CENTURY HUMES COMMUNITIES, A
CALIFORNIA CBRPORATION, G.P.
G eintraub, Asst. Secretary
SEPTEMBER
"SURETY"
, 1995
DEVELOPERSINSURANCE OMPANY
BY:
MI HAEL , . HENSE Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
DI 113 Rev. 2/91
inscenco
C�G30Mp
BOND NO:
192885S
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, TOPAZ ASSOCIATES, L.P. , A CALIFORNIA LIMITED PARTNERSHIP , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF LA QUINTA
78-495 Calle Tampico, La Quinta, CA 92253
as Obligee, in the sum of FIFTY SEVEN THOUSAND AND NO/ 100-----------------------------------------
($ 57,000.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
CITY OF LA QUINTA as Obligee for the improvements in the
subdivision designated as Tract Parcel) Map No. 23935-6 & 23935—F , as required
by the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at Upland
California, this
5 th
"PRINCIPAL"
day of SEPTEMBER 119 95 .
TOPAZ ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
"SURETY"
DEVELOPERS INSURANCE MPANY
BY:
MICHfEL J1 HENSEL, Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
�LnJ�
insc
-saIc0
C�G�OMp
BOND NO:
192886S
INITIAL PREMIUM: $85.00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
SITE RESTORATIOM @ MODEL COMPLEX
KNOW ALL MEN BY THESE PRESENTS:
That we, TOPAZ ASSOCIATES, L.P. , A CALIFORNIA LIMITED PARTNERSHIP , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF LA QUINTA
78-495 Calle Tampico, La Quinta, CA 92253
as Obligee, in the sum of TEN THOUSAND SIX HUNDRED AND N01100 ------------------------------------
($ 10, 600.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/Parcel) Map No. 23935-6
& 23935—F
entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at Upland ,
California, this 5 th day of
"PRINCIPAL"
TOPAZ ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
BY: CENTURY HUMES COMMUNITIES, A
CALIFORNIA CORPORATION, G.P.
BY•
Gary i, aub, Ass i.. Secretary
SEPTEMBER
"SURETY"
, 19 95
DEVELOPERS INSURANCE NIPANY
w
BY: 4"4il�
MI HAEL J. HENSE , Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
DI 113 Rev. 2/91
C�GE30MDE)
BOND NO:
192886S
PREMIUM INCLUDED
IN PERFORMANCE BOND.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, TOPAZ ASSOCIATES L.P. A CALIFORNIA LIMITED PARTNERSHIP , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF LA QUINTA
78-495 Calle Tampico, La Quinta, CA 92253
as Obligee, in the sum of FIVE THOUSAND THREE HUNDRED AND NO --------------------------------
($ 5 , 300.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are made a part of this bond, with the
CITY OF LA QUINTA as Obligee for the improvements in the
subdivision designated as (Tract Parcel) Map No.
by the Government Code of California.
23935-6 & 23935—F , as required
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to make payment to any contractor, his
subcontractors, or to persons renting equipment or furnishing labor and materials to them for the improvement required by said
agreement or agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section 66499.10 of the Government Code of
California as improvement security, and shall inure to the benefit of any and all contractors, their subcontractors and persons renting
equipment or furnishing labor or materials to them for the improvement. Notice of extension of time for completion is waived by the
Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at Upland
'
California, this 5 th day of
SEP EMBER ,19 95
"PRINCIPAL"
TOPAZ ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
"SURETY"
DEVELOPERS INSURANCE COMPANY
+>
BY:-1,;144zi
MIC EL J. ENSEL, Attorney -in -Fact
17780 Fitch
Irvine, CA 92714
(714) 263-3300
FORM DI 112 (Rev. 5/92)
bUNU NO. 192775S
PREMIUM $282.00
MONUMENTING BOND
FOR SUBDIVISIONS
KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, Topaz Associates, L.P., A
California Limited Partnership
hereinafter called SUBDIVIDER, is the developer or
that certain s ubdivision
known as ,
monumets
have not yet been set in the positions noted in the proposed Final Subdivision
Map for said subdivision,
NOW, THEREFORE, we the subdivider as Principal, and the
Developers Insurance Company
(Legal Title and Address of Surety)
as Surety, are held and firmly bound unto the City of La Quinta
in the sum of
.,Th ity Five Thousand Two Hundred and 00/100 * * * * * ,i= 35.200.00 )
lawful money of the United States, for the payment of Which sum well and truly
to be made, we bind ourselves, our heirs, executors, administrators, SUCCessors,
or assigns, or any or all or either of them, shall fait, to pay any engineer or
surveyor for setting monuments in the positions noted in the proposed Final
Subdivision Map for said subdivision in accordance with the provisions of
Government Code Sec. 66495 et.seq., then said Surety will pay the same in an
amouc►t r►ut exceeding the amount hereinabove set forth, and A13o in case suit
is brought upon this Bond, will pay a reasonable attorney's rec to be awarded
and fixed by the Court, and to be taxed as costs and to be included in the
Judgement therein rendered.
IT IS HEREBY EXPRESSLY STIPULATED AND AGREED that this bond shall insure to the
benefit of any and all persons, companie',.and corporations entitled to file
claims against it.
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.
And the said Surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration or addition to the terms of the
Agreement or ContrAeL, or to the work to be performed thereunder, shall in
any way afftet'its obligations on the Bond, and it does hereby waive notice
of any Such change, extension of time, alteration Qr addition to the terms
or the Agreement or Contract.
IN WITNESS WHEREOF this Instrument has been duly executed by the Principal
and Surety above named on July 26 , 19 95
"Surety"
DEVELOPERS INSURANCE COMPANY
fix:
Michael J. Hensel
Attorney -in -Fact
"Principal"
Topaz Associates, L.P., A California
Limited Partnership
By: Century_ Homes Communities,_ a
'Ca ornia orporation, G.P.
G Weintraub, Assistant Secretary
insc
1C0
CC�G30MG�
BOND NO: 173181 S
INITIAL PREMIUM: $ 160.00
SUBJECT TO RENEWAL.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
DUST CONTROL
KNOW ALL MEN BY THESE PRESENTS:
That we, TOPAZ ASSOCIATES, L.P. , A CALIFORNIA LIMITED PARTNERSHIP , as Principal,
and DEVELOPERS INSURANCE COMPANY, a corporation organized and doing business under and by virtue of the laws of the State
of California and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto
CITY OF LA QUINTA
as Obligee, in the sum of TWENTY THOUSAND AND 00 / 100 * * * * * * * * * * * * * * * * * * *
($ 20,000.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, executors and
successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map of (Tract/ Parcel) Map No. ,
entered into an agreement or agreements with said Obligee to complete the improvements specified in
said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall well and truly perform said agreement or
agreements during the original term thereof or of any extension of said term that may be granted by the Obligee with or without notice
to the Surety, this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said
Surety is hereto affixed and attested by its duly authorized Attorney -in -Fact at UPLAND ,
California, this
28th
"PRINCIPAL"
day of
TOPAZ ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
.By: Century Homes Communities, a
California Corporation, as G.P.,
B '
Gar W ntraub, Assi s K ati ll- J�c� j,, ary
51
JUNE
"SURETY"
, 19 95
DEVELOPERS INSURANCE COMPANY
BY: t
M CHAEL . HENSEL Attorney -in -Fact
17780 Fitch
Irvine, California 92714
(714) 263-3300
DI 113 Rev. 2/91