29858-1 RJT HomesCITY OF LA QUINTA
SUBDIVISION IMPROVEMENT AGREEMENT
Tract 29858-1
THIS SUBDIVISION IMPROVEMENT AGREEMENT (the "Agreement") is made and entered into this
Z `f /,( day of Mfg , 2001, by and
between RJT Homes, LLC, an Arizona Limited Liability Company Ifereinafter referred to as "Subdivider," and the
City of La Quinta, a municipal corporation of the State of California, hereinafter referred to as "City."
RECITALS:
A. Subdivider has prepared and filed a final map or parcel map (the "Map") of a unit of land in the City of La
Quinta, County of Riverside, which unit of land is known as Tract No. 29858-1 (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 Map, Subdivider is required to install or agree to install certain public and private
improvements (the "Improvements").
C. The 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. Improvement Plans. Prior to submittal of the Map for approval by the City Council, Subdivider shall furnish
original improvement 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 in
Exhibit "A", 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. One class of security to be provided by Subdivider, hereinafter referred to as "performance security,"
shall assure the faithful performance of this Agreement including construction of the Improvements, payment of
Subdivider's fair share of Improvements which have been or will be constructed by others ("Participatory
Improvements"), and payment of 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 "warranty 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. Subdivider shall furnish
performance and payment security prior to and as a condition of City Council approval of the Map. Subdivider shall
provide warranty security after Improvements are complete and accepted by the City Council and prior to or
concurrently with the final release of performance security. Warranty security shall not be required for
Monumentation or Participatory Improvements. However, the City may utilize Monumentation Security for
performance of or payment for the work in accordance with the Subdivision Map Act.
As part of the obligation secured by each of the performance security, payment security and warranty
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 City in
successfully enforcing the obligations thereby secured.
B. Improvement security shall conform with Section 66499 of the California Government Code and one
or more of the following:
1) A cash deposit with City or a responsible escrow agent or trust company, at City's option.
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2) Surety bonds, of the form specified in subsection 66499.2 of the California Government Code,
issued by a surety or sureties listed in the U.S. Department of Treasury Circular 570 (latest version).
3) Certificates of deposit, in City's name, from one or more financial institutions subject to regulation
by the state or federal government and having a financial quality rating of "A" or better and a commitment reliability
rating of "R-2" or better on the Investment Data Exchange (of the Los Angeles County Treasurer's office).
4) Irrevocable letters of credit, issued by one or more financial institutions meeting the requirements
of Paragraph (3), pledging that the funds necessary to carry out the completion of the Improvements 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 City. Letters of credit shall guarantee that all or any portion of the funds available
pursuant to the letters of credit will be paid upon the written demand of City and that such written demand need not
present documentation of any type as a condition of payment, including proof of loss. The duration of any such
letter of credit shall be for a period of not less than one year from the execution of the agreement with which it is
provided and shall state, on its face, that the letter of credit will be automatically renewed until such time that City
authorizes its expiration or until sixty (60) days after City receives notice from the financial institution of intent to
allow expiration of the letter of credit.
5) A lien upon the subdivided property, if City finds that it would not be in the public interest to
require the installation of the Improvements sooner than two (2) years after recordation of the final map or parcel
map for which the Improvements are required. The lien shall provide a collateral value of three (3) times the
estimated cost of the Improvements and shall include the power of sale of the real property, all buildings and
improvements thereon, or that may be erected upon or made thereto, together with all hereditaments and
appurtenances thereunto belonging, or in any wise appertaining, and the reservations, remainders, rents, issues,
and profits thereof. The collateral value of the property shall be established at Subdivider's expense through an
appraisal approved by City.
6) 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.
7) When Subdivider is a non-profit organization, security may be negotiable bonds, of the kind
approved for securing deposits of public moneys with City or in favor of City, as specified in Section 16430 of the
California Government Code, deposited, at City's option, with City or a responsible escrow agent or trust company.
C. All securities shall be furnished in accordance with the provisions of Exhibit A. 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. The amount of Payment security shall equal the amount of the
amount of performance security, except as otherwise set forth in Exhibit A, and shall be furnished as a separate
security. Warranty security shall equal Ten Percent (10%) of the amount of performance security except as
otherwise set forth in Exhibit A.
D. At the time of submittal of security, Subdivider shall pay to City administrative fees applicable to the
form of security provided. Administrative fees shall apply to the subdivision (final map, parcel map or waiver of
parcel map) rather than to individual security instruments. The fees shall be paid separately for each different form
and/or source (surety or financial institution) of security initially submitted and for substitution of securities but shall
not be required for submittal of warranty security if the warranty security is of the same form and from the same
source as the performance security it replaces. Administrative fees for security shall be as follows:
1) For certificates of deposit, bonds and letters of credit as described in Paragraphs 2), 3) and 4)
of SECTION 3.B., which require the establishment of evidence of the reliability of the surety or financial institution,
the administrative fee shall be One Hundred Fifty Dollars ($150.00).
2) For liens on real property as described in Paragraph 5) of SECTION 3.B., for which City will
prepare lien agreements and subordination agreements, administer valuation of the real property and administer
the agreements over the life of the lien, all of which require legal assistance and financial advice, Subdivider shall
pay to City an administration fee of One Half of One Percent (0.5%) of the estimated cost of the improvements
secured but not less than Five Hundred Dollars ($500.00) nor more than Five Thousand Dollars ($5,000.00).
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3) For other forms of security listed in Section 3 B, above, there will be no administrative fee.
E. Participatory Improvements, if any, are identified in Exhibit A. Security for Participatory Improvements
shall remain in place until the Participatory Improvements are constructed and actual costs are known and paid
by Subdivider, or until Subdivider pays to City the estimated cost of the Participatory Improvements, and shall
guarantee the reimbursement by Subdivider of Subdivider's share of the cost of the Participatory Improvements.
Payment security and warranty security shall not be required for Participatory Improvements.
Upon written demand from City, Subdivider shall deposit cash with City in lieu of or in replacement of security
guaranteeing Participatory Improvements. If Subdivider fails to deposit said cash within 30 days of the date of the
written demand from City, City may present a written demand to Subdivider's Surety for payment of said cash and
Subdivider's Surety shall pay to City the lesser of: 1) the amount demanded, or 2) the amount of the security.
F. Security shall not expire, be reduced or become wholly or partially invalid for any reason, including
non-payment of premiums, modifications of this Agreement and/or expiration of the time for performance stated
in this Agreement, without express authorization from City unless the surety provides City with sixty (60) days
written notice by registered or certified mail, return receipt requested.
G. Security shall be released in the following manner:
1) Performance security shall be released upon the final completion and acceptance or approval,
by the City Council of the Improvements subject to the provisions of paragraph B.
2) The City Engineer may authorize partial reduction of performance security as work progresses,
upon application by Subdivider. However, no such reduction shall be for an amount less than Ten Percent (10%)
of the total performance security provided for the faithful performance of the act or work. In no event shall security
be reduced below that required to guarantee the completion of the act or work or obligation secured, plus Ten
Percent (10%). The City Engineer shall not allow more than two partial reductions of security furnished for any
improvement agreement.
3) Participatory Improvement security shall be released upon payment by Subdivider of
Subdivider's share of the cost or estimated cost of the Participatory Improvements.
4) If City receives no notice of recorded claims of lien, labor and materials security shall be released
in full 90 days after final acceptance and/or approval by the City Council, of the Improvements. If City receives
notice of any recorded lien, the provisions of the Subdivision Map Act shall apply.
5) Warranty security not utilized during the warranty period shall be released one year after final
acceptance or approval by the City Council of all Tract Improvements. However, if at the end of the one-year
warranty period, there are one or more outstanding requests by City for performance of work or provision of
materials under the terms of the warranty, warranty security shall be retained until the outstanding requests are
satisfied or until Subdivider has made other arrangements satisfactory to the City Engineer.
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 requires or
necessitates the acquisition of real property not owned by Subdivider or City, Subdivider shall use its best efforts
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 in a form acceptable
to the City Attorney. Said separate agreement shall provide that Subdivider advance to City One Hundred Fifty
Percent (150%) of the appraised fair market value of the real property. Any unexpended portion of said advance
shall be refunded to Subdivider. Any additional funds required for acquisition of the real property shall be paid by
Subdivider to City upon the conveyance of said 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 of Approval.
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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 or as set forth in Exhibit
A. Failure by Subdivider to begin or complete construction of the Improvements within the specified time periods
shall constitute cause for City, in its sole discretion and when it deems necessary, to declare Subdivider in default
of this agreement, to revise improvement security requirements as necessary to ensure completion of the
improvements, and/or to require modifications in the standards or sequencing of the Improvements in response
to changes in standards or conditions affecting or affected by the Improvements. Said failure shall not otherwise
affect the validity of this agreement or Subdivider's obligations hereunder.
7. Force Majeure. 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 securities, similar in form and substance to those
required in SECTION 3 hereinabove, to cover the period of extension. The value of the securities shall be sufficient
to ensure the performance of and payment for Improvements that remain incomplete at the time of the extension,
and to provide warranty 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 of the La
Quinta Municipal Code. Subdivider shall provide the City Engineer written proof that the monuments have been
set, evidence of payment and receipt thereof by the engineer or surveyor setting the monuments, and intersection
monument tie -outs for monuments set in public streets.
10. Final Acceptance of Improvements. At the completion of construction and prior to acceptance of the
Improvements by City, Subdivider shall submit a request for final approval by City. The request shall be
accompanied by any required certifications from Subdivider's engineers or surveyors, approval letters from other
agencies having jurisdiction over and approval authority for improvements required by this Agreement or the
Conditions of Approval, and any required construction quality documentation not previously submitted.
Upon receipt of said request, the City Engineer or a duly -authorized representative will review the required
documentation and will inspect the Improvements. If the Improvements are determined to be in accordance with
applicable City standards and specifications, and as provided herein, obligations required by the Conditions of
Approval and this Agreement have been satisfied, and Subdivider has provided revised plans as required in
Paragraph 11, hereinafter, the City Engineer shall recommend acceptance of the Improvements by the City Council.
11. Revisions to Plans. When the Improvements have been inspected and approved by the City Engineer,
Subdivider shall make any necessary revisions to the original plans held by City so the plans depict the actual
Improvements constructed. When necessary revisions have been made, each separate sheet of the plans shall
be clearly marked with the words "As -Built," "As -Constructed," or "Record Drawing," the marking shall be stamped
by an engineer or surveyor, as appropriate for the improvements thereon, who is licensed to practice in California,
and the plans shall be resubmitted to the City Engineer.
12. Improvement Warranty. Subdivider hereby guarantees the Improvements to City for a period of one (1)
year, beginning on the date of final acceptance of the Improvements by the City Council, against any defective work
or labor done, or defective materials furnished, and shall repair or replace such defective work or materials.
13. Release of Security. City shall retain and release securities in accordance with the provisions of Section
3 of this agreement. Prior to the release of payment security, the City Engineer may require Subdivider to provide
a title report or other evidence sufficient to show claims of lien, if any, that may affect the amount of payment
security released.
14. City Right to Cure. If Subdivider fails to perform any obligation hereunder and such obligation has not
been performed within sixty (60) days after written notice of default from City, then City may perform the obligation,
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and Subdivider shall pay the entire cost of such performance by City including costs of suit and reasonable
attorney's fees incurred by City in enforcing such obligation. In cases of emergency or compelling public interest,
as determined by the City Engineer, the requirement for written notice of default and/or the passage of sixty (60)
days shall be deemed waived and all other provisions of this Article shall remain in effect.
15. Indemnification. Subdivider hereby binds itself, its officers, employees, agents, representatives, executors,
administrators, guarantors, heirs, and assigns, and agrees to indemnify, defend and hold City and its officers,
employees, agents, representatives, and assigns harmless from and against any losses, claims, demands, actions,
or causes of action of any nature whatsoever, arising out of or in any way connected with Subdivider's performance
herein under, including costs of suit and reasonable attorneys' fees.
16. No Modification of Conditions. This Agreement shall in no respect act to modify or amend any provision
of the Conditions of Approval. In the event that any requirement or condition of this Agreement is inconsistent with
or fails to include one or more provisions of the Conditions of Approval, which document(s) is (are) incorporated
herein by reference, the provisions in the Conditions of Approval shall remain in effect and shall control.
17. Severability. In the event that any provision or provisions of this Agreement are held unenforceable, all
provisions not so held shall remain in full force and effect.
18. General Provisions
A. All notices pursuant to this Agreement shall be in writing and shall be personally delivered or sent
by registered or certified mail, return receipt requested, to the parties at their respective addresses indicated
hereon. Notices personally delivered shall be effective upon delivery. Notices mailed as provided herein and sent
postage prepaid shall be effective upon the date of delivery or refusal indicated on the return receipt. Either party
may change its address for notices hereunder by notice to the other given in the manner provided in this
subparagraph.
B. The terms, conditions, covenants, and agreements set forth herein shall apply to and bind the heirs,
executors, administrators, assigns, and successors of the parties hereto.
C. Neither party to this Agreement relies upon any warranty or representation not contained in this
Agreement.
D. This Agreement shall be governed by and interpreted with respect to the laws of the State of
California.
E. In the event of any dispute between the parties with respect to this Agreement, the prevailing party
shall be entitled to prompt payment of its reasonable attorneys' fees from the non -prevailing party.
F. Any failure or delay by either party in asserting any of its rights and remedies as to any default shall
not operate as a waiver of any default or of any such rights or remedies provided for hereunder.
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written
above.
��
Thomas P. Genovese, City Manager
ATTEST:
SUBDIVIDER:
Date
By: c n 6
Date
Title: 10RD T'e'GT A &AQ69
By:
Date
Title:
Reviewed and Approved:
City Engineer
Approved as to Form:
CAAtto�ne'yL/--'
City of La Quinta
78-495 Calle Tampico
La Quinta, CA 92253
760/777-7075
RJT Homes, LLC, a Arizona
Limited Liability Company
79-700 Avenue 50
P. O. Box810
La Quinta, CA 92253
(760)564-6555
� g ZO I
Date
Date
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Exhibit A
SECURITY - TRACT 29858-1
Except as otherwise provided herein, Subdivider shall furnish performance security and labor & materials security
prior to agendization of the Map for approval by the City Council.
Improvements designated as "Participatory" have been or will be constructed by others. Security for Participatory
Improvements shall remain in place indefinitely until called upon or released by City.
Monumentation security shall guarantee performance of or payment for the work and shall be utilized or released
as specified in Chapter 4, Article 9 of the Subdivision Map Act.
The "Engineering & Plans" security will be released when the City has possession of complete, approved, original
plans, signed and sealed by a design professional(s), for all required improvements. The "No -Plan Contingency",
which may be utilized for any listed item or for other cost found necessary in the design or construction of the
required improvements, may be released in whole or part by the City Engineer, at any time after construction plans
are complete and the scope and nature of improvements are fully known. These releases shall be separate from
and in addition to the reductions discussed below.
As elements of the work are completed, Subdivider may request a maximum of two partial releases of performance
security. Partial releases shall be for not less than ten percent (10%) of the total performance security for the tract
and shall not reduce total performance security below the amount necessary to complete the Improvements plus
ten percent (10%) of the original amount. Partial releases of performance security 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.
Labor & materials security shall remain in place until 90 days after all required tract improvements are complete
and accepted by the City Council.
Improvement Description
Performance
Labor & Materials
Grading (On -site)
590,888
590,888
Street Improvements (On -site)
692,966
692,966
Storm Drainage (On -site)
788,653
788,653
Domestic Water (On -site)
678,300
678,300
Sanitary Sewer (On -site)
682,295
682,295
Electrical (On -site)
352,500
352,500
Street Improvements (Off -site)
174,792
174,792
Offsite Jefferson Street Imp. (Participatory)
55,000
0
Perimeter Wall (Off -site)
253,000
253,000
Perimeter Landscape (Off -site)
616,765
616,765
Monumentation
49,880
0
Construction Subtotal:
$4,935,039
$4,830,159
Engineering & Plans (20% of Construction)
987,008
No -Plans Contingency (25% of Project)
1,480,512
Total:
$7,402,559
State of California
County of Riverside
On May 25, 2001 before me, Regenia Hensley Notary Public, personally appeared
Chad Meyer , proven 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.
WITNESS my hand and official seal.
(Seal)
REGENIA HENSLEY
LeCommission # 12744M
Notvy Public - Carftff io
Riverside COMV
IvyC,omrn. E�ies�19.�4
Document Description: Subdivision Improvement Agreement - Tract 29858-1 (RJT Homes)
Number of Pages: Eight (8)pages, including acknowledgment page
Date of Document: Undated at present time
Bond No. BE2616493
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of
y La 'nta), State of California, and RJT Homes, LLC., 1425 E. University Drive, Phoenix, Arizona 85034
(hereinafter designated as "principal") have entered into an agreement whereby principal agrees to install
g «p p ") g Y P� p g
and complete certain designated public improvements, which said agreement, dated March 5, 2001 and
identified as project Tract No. 29858, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and
firmly bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal
sum of Thirty Six Thousand and No/100 dollars ($36,000.00) 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 The City of La Quinta, 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 therefore,
there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees,
incurred by county (or city) in successfully enforcing such obligation, all to be taxed as costs and included
n any judgment rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to
the terms of the agreement or to the work to be performed thereunder or the specification 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 March 5, 2001.
Appropriate modifications shall be made in
performance of an act not provided for by agreement.
such form if the bond is being furnished for the
{Amended, Chapter 1308, Statutes of 1988}
RJT HOMES, LLC.
BY;
GULF INSURANCE COMPANY
Labor and Material Payment Bond
Bond No. BE2616493
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of
La uinta), State of California, and RJT HOMES, LLC , 1425E University Drive, Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees
to install and complete certain designated public improvements, which said agreement, dated March 5,
2001, and identified as project Tract No. 29858, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or
the City of La QuinLaI 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, said principal and the GULF INSURANCE COMPANY as corporate surety,
are held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Thirty Six Thousand
and No/100 dollars ($36,000.00), for materials furnished or labor thereon of any kind, or for amounts
due under the Unemployment Insurance Act with respect to such work or labor, that said 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 county (or city) in successfully enforcing such
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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition
to the terms of said 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 March 5, 2001.
RJT HOMES, LLC.
m
GULF INSURANCE COMPANY
B
eila TVlontoy , torney-In-F t
I
I�
I
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616497
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes Palmilla LLC , 1425E University Drive, Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof; and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Five Hundred Ninety Thousand Eight Eighty Eight and No/100 dollars ($590.888.00) 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, for the Grading Improvements 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. {Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC.
BY: �v�
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616497
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla, LLC , 1425E University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
29, 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La Quinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Five Hundred Ninety
Thousand Eight Eighty Eight and No/100 dollars ($590,888.00), for materials furnished or labor thereon of
any kind, or for amounts due under the Unemployment Insurance Act with respect to Grading
Improvement work or labor, that said 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
county (or city) in successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29., 2001.
RJT HOMES, LLC .
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616498
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
Uinta), State of California, and RJT Homes — Palmilla LLC 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29. 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof; and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Six Hundred Ninety Two Thousand Nine Sixty Six and No/100 dollars ($692,966.00) 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, for the Street Improvements ,On -
Site 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 The City, of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. {Amended, Chapter 1308, Statutes of 1988)
RJT HOMES, LLC .
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616498
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla, LLCM 1425 E. University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
295 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Six Hundred Ninety Two
Thousand Nine Sixty Six and No/100 dollars ($692,966.00), for materials furnished or labor thereon of any
kind, or for amounts due under the Unemployment Insurance Act with respect to Street Improvements
On -Site work or labor, that said 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
county (or city) in successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC.
BY: 'W" 3z...-
GULF INSURANCE COMPANY
I WIN
►- •Jaw—
�il•Allorney-ln-At
0
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616499
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
Quint ), State of California, and RJT Homes — Palmilla, LLC , 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Seven Hundred Eighty Eight Thousand Six Fifty Three and No/100 dollars ($788,653.00) 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, for the Storm Drainage (On -Site) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. {Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC.
BY; ���j'/eyA4
GULF INSURANCE COMPANY
e
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616499
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
Quint ), State of California, and RJT HOMES - Palmilla, LLC., 1425 E. University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
292 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Seven Hundred EightX
Eight Thousand Six Fifty Three and No/100 dollars ($788,653.00), for materials furnished or labor thereon
of any kind, or for amounts due under the Unemployment Insurance Act with respect to Storm Drainage
On -Site work or labor, that said 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
county (or city) in successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC .
BY:
Vw
"�Olai. •,� •
i
so
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616500
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes Palmilla, LLC , 1425E University Drive Phoenix Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La Quinta) hereinafter called ("owner"), in the penal sum of
Six Hundred Seventy Eight Thousand Three Hundred and No/100 dollars ($678,300.00) 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, for the Domestic Water (On -Site) 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 The City of LaQuint a, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. {Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC.
BY;
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616500
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla, LLC .1425 E. University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
29. 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La Quinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Six Hundred Seventv
Eight Thousand Three Hundred and No/100 dollars ($678,300.00), for materials furnished or labor thereon
of any kind, or for amounts due under the Unemployment Insurance Act with respect to Domestic Water
On -Site work or labor, that said 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
county (or city) in successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC.
BY:
4�-
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616501
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes — Palmilla LLC 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Six Hundred Eighty Two Thousand Two Ninety Five and No/100 dollars ($682,295.00) 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, for the Sanitary Sewer (On -Site) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. {Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC.
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616501
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla LLC , 1425E University Drive, Phoenix.
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
29, 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Six Hundred Eighty Two
Thousand Two Ninety Five and No/100 dollars ($682,295.00), for materials furnished or labor thereon of
any kind, or for amounts due under the Unemployment Insurance Act with respect to Sanitary Sewer On -
Site work or labor, that said 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 county (or city) in
successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC.
BY:
:. J. Montic" ".torney-In-Fact
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616502
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes — Palmilla, LLC , 1425E University Drive, Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Three Hundred Fifty Two Thousand Five Hundred and No/100 dollars ($352,500.00) 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, for the Electrical (On -Site) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in
performance of an act not provided for by agreement.
such form if the bond is being furnished for the
{Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC .
BY;
GULF INSURANCE COMPANY
:. .,a In -Fact
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616502
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla, LLC , 1425E University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
293 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Three Hundred Fifty Two
Thousand Five Hundred and No/ 100 dollars ($3 52, 500.00), for materials furnished or labor thereon of any
kind, or for amounts due under the Unemployment Insurance Act with respect to Electrical On -Site) work
or labor, that said 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 county (or city) in
successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC .
BY:
GULF INSURANCE COMPANY
SUBDIVISION -IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616503
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes — Palmilla LLC , 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
One Hundred Seventy Four Thousand Seven Ninety Two and No/100 dollars ($174,792.00) 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, for the Street Improvements (Off -
Site 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. { Amended, Chapter 1308, Statutes of 1988 )
RJT HOMES, LLC.
BY.
CE COMPANY
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616503
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
Uinta), State of California, and RJT HOMES - Palmilla, LLC.,1425E University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
293 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of One Hundred Seventy
Four Thousand Seven Ninety Two and No/100 dollars ($174,792.00), for materials furnished or labor
thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to Street
Improvements (Off -Site) work or labor, that said 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 county (or city) in successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC.
BY: Ih .
GULF INSURANCE COMPANY
BY
h ' a J. Montoya, for ey-In-Fact
w s
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616504
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
Quint ), State of California, and RJT Homes — Palmilla, LLC , 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter. called ("owner"), in the penal sum of
Fiftv Five Thousand and No/100 dollars ($55,000.00) 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, for the Offsite Jefferson Street Imp.
(Participatory) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. {Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC.
BY;
GULF INSURANCE COMPANY
d.�M9I/iy,A �0 IPA
/
• r
J�®rne
SUBDIVISI0;4 IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616505
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
Uinta), State of California, and RJT Homes — Palmilla, LLC , 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Two Hundred Fifty Three Thousand and No/100 dollars ($253,000.00) 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, for the Perimeter Wall (Off -Site) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. (Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC .
BY;
GULF INSURANCE COMPANY
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616505
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla, LLC , 1425E University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
29, 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Two Hundred Fifty Three
Thousand and No/100 dollars ($253,000.00), for materials furnished or labor thereon of any kind, or for
amounts due under the Unemployment Insurance Act with respect to Perimeter Wall (Off -Site) work or
labor, that said 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 county (or city) in
successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC.
BY:
GULF INS
CE COMPANY
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616506
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes — Palmilla LLC y 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Six Hundred Sixteen Thousand Seven Sixty Five and No/100 dollars ($616,765.00) 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, for the Perimeter Landscap�Off-
Site 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in
performance of an act not provided for by agreement.
such form if the bond is being furnished for the
{Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC.
BY; ��
SUBDIVISION, IMPROVEMENTS
LABOR AND MATERIAL PAYMENT BOND
Bond No. BE2616506
Whereas, The Board of Supervisors of the County of Riverside (or City Council of the City of La
uinta), State of California, and RJT HOMES - Palmilla, LLC., 1425 E. University Drive, Phoenix,
Arizona 85034 (hereinafter designated as "principal") have entered into an agreement whereby principal
agrees to install and complete certain designated public improvements, which said agreement, dated May
293 2001 and identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Under the terms of said agreement, principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the County of Riverside (or the
City of La uinta) 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, said principal and the GULF INSURANCE COMPANY as corporate surety, are
held firmly bound unto the County of Riverside (or the City of La uinta) and all contractors,
subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid
agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Six Hundred Sixteen
Thousand Seven Sixty Five and No/100 dollars ($616,765.00), for materials furnished or labor thereon of
any kind, or for amounts due under the Unemployment Insurance Act with respect to Perimeter Landscape
Off -Site work or labor, that said 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
county (or city) in successfully enforcing such 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
person, 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 if full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to
the terms of said 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 May 29, 2001.
RJT HOMES, LLC.
BY:
GULF INSURANCE COMPANY
SUBDIVISION IlV H?ROVEMENTS
PERFORMANCE BOND
Bond No. BE2616507
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes Palmilla LLC 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof; and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Fortv Nine Thousand Eight Eighty and No/100 dollars ($49.880.00) 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, for the Monumentation 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in
performance of an act not provided for by agreement.
such form if the bond is being furnished for the
{Amended, Chapter 1308, Statutes of 1988)
RJT HOMES, LLC.
BY; �v�...
GULF INSURANCE COMPANY
+ SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616508
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
Uinta), State of California, and RJT Homes Palmilla LLC 1425E University Drive Phoenix, Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29. 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof, and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
Nine Hundred Eighty Seven Thousand Eight and No/100 dollars ($987.008.00) 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, for the Engineering & Plans 20% of
Construction) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May_29, 2001.
Appropriate modifications shall be made in
performance of an act not provided for by agreement.
such form if the bond is being furnished for the
{Amended, Chapter 1308, Statutes of 19881
RJT HOMES, LLC .
BY;
,s
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Bond No. BE2616509
Whereas, The Board of Supervisors of the County of Riverside (or the City Council of the City of La
uinta), State of California, and RJT Homes Palmilla, LLC 1425E University Drive Phoenix. Arizona
85034 (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to
install and complete certain designated public improvements, which said agreement, dated May 29, 2001 and
identified as project Tract No. 29858-1, is hereby referred to and made a part hereof; and
Whereas, Said 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 GULF INSURANCE COMPANY as surety, are held and firmly
bound unto the County of Riverside, (or City of La uinta) hereinafter called ("owner"), in the penal sum of
One Million Four Hundred Eighty Thousand Five Twelve and No/ 100 dollars ($1,480, 512.00) 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, for the No -Plans Contingency (25%
of Project) 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 The City of La Quinta, 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 therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by
county (or city) in successfully enforcing such obligation, all to be taxed as costs and included n any judgment
rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration of addition to the
terms of the agreement or to the work to be performed thereunder or the specification 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 May 29, 2001.
Appropriate modifications shall be made in such form if the bond is being furnished for the
performance of an act not provided for by agreement. { Amended, Chapter 1308, Statutes of 19881
RJT HOMES. LLC.
BY;
CE COMPANY
Certificate of Deposit receipt
Tax ID#
008506124
T
This receipt is issued to:
Account Number:
8203660 / 9
IRA Number:
Flomes Llc
Payable To The City Of La Quinta
Amount $
15,000.00
1425 E University Dr.
Date Opened
April 6, 2001
Phoenix. A"/. 85034
Term
6 Months
Tract: 29858 Dust Control
Maturity Date
,.... ....,
Interest Rate
4,300 %
Annual Percentage Yield 4.390 %
Interest Paid
Monthly
The account evidenced by this receipt is subject to and further explained in the terms and conditions contained in the account
agreement and account disclosures. The account is Not Negotiable and Not Transferable. Only the items checked apply.
N Fixed Interest Rate ❑ Variable interest Rate
❑ Additions Permitted
N Automatically Renewable ❑ Single Maturity (not automatically renewable) ❑ Callable ❑ Notice Account
Interest will be:.
❑ mailed to the ow,ier(s). Valley Independent Bank
N added to principal (compounded). 51-290 Avenida Bermudas
El ❑ paid to --account No. La Quinta, CA 92253
® 1994 Bankers Systems, Inc., St. Cloud, MN (1-800-397-2341) Firm COIiEC-BK-LAZ 3/1 /95
(page 1 of 1)
OUTSTANDING BOND REPORT
Name: RJT Homes LLC
Tract No. 29858-1
Date of Contract: May 29, 2001
Required Bond Amounts:
Grading
$ 590,888
Street Imp.(onsite)
$ 692,966
Drainage
$ 788,653
Water
$
678,300
Sewer
$
682,295
Electrical
$ 352,500
Street Imp (offsite)
$
174,792
Offsite Jefferson St.
$
55,000
Perimeter wall
$
253,000
Perimeter landscape
$
616,765
Monumentation
$
49,880
Engineering Plans
$ 987,008
No -Plans Contingency
$1,480,512 same
Dates of Bond Reductions:
Outstanding Bonds:
Amount:
$ 36,000
$ 36,000(dust)
$ 590,888
$ 590,888
$692,966
$692,966
$788,653
$788,653
$ 678,300
$ 678,300
$682,295
$682,295
$352,500
$352,500
$174,792
$174,792
$ 55,000
$ 253,000
$ 253,000
$616,765
$616,765
$ 49,880
$ 987,008
$1,480,512
$ 15,000(dust)
:• a �•
BE2616493
same
BE2616497
same
BE2616498
same
BE2616499
same
BE2616500
same
BE2616501
same
BE2616502
same
BE2616503
same
BE2616504
BE2616505
same
BE2616506
performance & labor
same
same
same
same
same
same
performance only
performance & labor
same
performance only
same
same
BE2616507
BE2616508
BE2616509
CD#008506124
Date Cancelled/Released:
PLEASE COMPLETE THIS INFORMATION
RECORDING REQUESTED BY:
VERONICA J. MONTECINO
City Clerk / Agency Secretary
AND WHEN RECORDED MAIL TO:
Veronica J. Montecino, CMC, City Clerk
CITY OF LA QUINTA
P O Box 1504
La Ownta, California 92247-1504
DOC # 2008-0541404
10/06/2008 08:00R Fee:NC
Page 1 of 3
Recorded in Official Records
County of Riverside
Larry U. Ward
Assessor, County Clerk & Recorder
1111111111111111111111111111111111111111111111111111111111111
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T:
CERTIFICATE OF CORRECTION
(Monument Substitution)
Tract No. 28858-1
(Owner: RJT Homes, LLC, an Arizona Limited Liability Company) FM
Title of Document
THIS PAGE ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION
Recording Requested By
and
When Recorded Mail To:
City of La Quinta
P.O. Box 1504
La Quinta, CA 92247
Attn: City Engineer
CERTIFICATE OF CORRECTION
(MONUMENT SUBSTITUTION)
TRACT NO.29858-1
Owner: RJT HOMES, LLC,
an Arizona Limited Liability Company
Page 1 of 2
I, Ken Nussbaum, certify that I am a Licensed Land Surveyor of the State of California; that Tract Map No.
29858-1 was prepared by Gary W. Dokich L.S. No. 4693 and is filed in Book 306, Pages 8-20 of Maps, Records of
Riverside County, California, and that the following corrections to said map are made by me in accordance with Chapter
3, Article 7, Section 66469 through Section 66472 of the Subdivision Map Act.
I am the Land Surveyor assuming the responsibility for placement of final monuments, in accordance with
Chapter 4, Article 9, Section 66498 of the Subdivision Map Act. I hereby certify that a survey was performed by me
or under my direction in December, 2006 which verified information contained on said map. Monument descriptions
are corrected as follows:
INCORRECT DATA O INDICATES SET 1" I.P., TAGGED L.S. 4693, FLUSH, UNLESS
OTHERWISE INDICATED.
CORRECT DATA O INDICATES SET 1" I.P., TAGGED L.S. 6298, FLUSH, UNLESS
OTHERWISE INDICATED.
INCORRECT DATA 1" IRON PIPE, TAGGED L.S. 4693, OR 6" SPIKE W/WASHER, L.S.
4693, OR A LEAD AND TACK, TAGGED L.S. 4693 IN CONCRETE;
OR IF LOT CORNER FALLS ON FACE OF CURB, SET LEAD AND
TACK, TAGGED L.S. 4693 IN TOP OF CURB ON A 0.25' OFFSET, TO
BE SET AT ALL LOT CORNERS, EXCEPT AT B.C.'S, E.C.'S, P.R.C.'S
THAT ABUT A STREET WHICH ARE NOT LOT CORNERS
MARKING SIDE LOT LINES; TO BE SET AT ALL TRACT CORNERS,
AND TO BE SET AT ALL CENTERLINE INTERSECTIONS, B.C.'S,
E.C.'S AND ALL OTHER CENTERLINE POINTS OF CONTROL,
UNLESS OTHERWISE NOTED.
CORRECT DATA 1" IRON PIPE, TAGGED L.S. 6298, OR 6" SPIKE W/WASHER, L.S.
6298, OR A LEAD AND TACK, TAGGED L.S. 6298 IN CONCRETE;
OR IF LOT CORNER FALLS ON FACE OF CURB, SET LEAD AND
TACK, TAGGED L.S. 6298 IN TOP OF CURB ON A 0.25' OFFSET, TO
BE SET AT ALL LOT CORNERS, EXCEPT AT B.C.'S, E.C.'S, P.R.C.'S
THAT ABUT A STREET WHICH ARE NOT LOT CORNERS
MARKING SIDE LOT LINES; TO BE SET AT ALL TRACT CORNERS,
AND TO BE SET AT ALL CENTERLINE INTERSECTIONS, B.C.'S,
E.C.'S AND ALL OTHER CENTERLINE POINTS OF CONTROL,
UNLESS OTHERWISE NOTED.
Page 2 of 2
There are no fee property owners affected by these corrections.
TRI-STATE LAND SURVEYORS & CIVIL ENGINEERS, INC.
I<en Nussbaum
L.S. 6298, Expires 9/30/08 LAND
O S�jh�
KEN G(1
U� NUSSBAU,,A
No 629a M
(P
9T�DFCAL�F�P�
State of California
County of-16yereida� 2aodo-"
On
before me,
personally appeared - — — V
who proved to me on the basis of satisfactory evidence to be the personKwhose name bscribed to the within
instrument and acknowledged to me thatEomalley executed the same �r au orized capacity(W), and that
by ti dhe;• signature(4 on the instrument the person(ej or the entity upon behalf of which the person(Wacted,
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.
JO ANN PETERSEN
WITNESS my hand and official seal.
Commission # 1560466
rl 010
Notary Public - California
San Bernardino County
My Comm. Expires Apr 13, 2009
Si tore of Notary Public (Notary Seal)
CITY ENGINEER'S CERTIFICATE
This Certificate of Correction has been examined by the undersigned and my examination discloses that the changes
indicated herein are authorized by and comply with Government Code Section 66469 of the Subdivision Map Act.
Dated: L Z 10
T' othy R.Jonasson, .E.
ty Engineer, City o La
R.C.E. 45843, Expires 12/: