24197-4 Monticello 01CITY OF LA QUINTA
SUBDIVISION IMPROVEMENT AGREEMENT
Tract 24197-4
THIS SUBDIVISION IMPROVEMENT AGREEMENT (the "Agreement') is made and entered into this
15th day of November , 2001
by and between Monticello, LLC, a California Limited Liability Company hereinafter 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. 24197-4 (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. Imlrovement 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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ATTACIEWEENT 3
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 Subdividers 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 3.13., for which City will
prepare lien agreements and subordination agreements, administer valuation of the real property and administer
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ATTACHMENT 3
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).
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
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ATTACHMENT 3
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 Subdividers
obligation to construct the applicable improvement pursuant to this Agreement or the Conditions of Approval.
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 Subdividers 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 Subdividers 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 Subdividers 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.
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ATTACHMENT 3
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, 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.
016
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ATTACHMENT 3
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written
above.
CITY:
omas P. Genovese,
ATTEST:
SUBDIVIDER:
By:
Title: Gary Weintraub, Vice President
By:
Title:
City of La Quinta
78-495 Calle Tampico
La Quinta, CA 92253
760/777-7075
/o io
Date
Monticello LLC, A California Limited
Liability Co.
By: Century Crowell Communities,
LP, A California Limited Partnership,
ITS: Managing Member,
By: Century Homes Communities
a California Corporation,
ITS: General Partner
1535 So. "D' Street, Suite 200
San Bernardino, CA 92408
(909)381-6007
November 15, 2001
Date
Date
Reviewed and Approved: m
ity ineer -- ' Date
Approved as to Form:
City Attomey Date
0 1 "'
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ATTACHMENT 3
Exhibit
SECURITY - TRACT 24197-4
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
Perimeter Wall, Off Site
$25,500
$25,500
Perimeter Improvements, Off site
9,630
9,630
Grading, On Site
171,650
171,650
Streets, On Site
177,700
177,700
Domestic Water, On Site
98,300
98,300
Sanitary Sewer, On Site
43,000
43,000
Dry Utilities, On Site
97,200
97,200
Monumentation
10.000
0
Construction Subtotal:
$632,980
$622,980
Engineering & Plans (20% of Construction)
126,600
$759,580
No -Plans Contingency (35% of Project)
265,850
Total: $1,025,430
018
CALIFORNIA
ALL-PURPOSE ACKNOWLEDGEMENT
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN BERNARD/NO )
On this 15th day of November, 2001 before me, Doris A. Benoit, Notary Public,
personally appeared Gary Weintraub, personally known to me, 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.
this area for official Notarial Seel
WITNESS my hand and official seal.
Signature of Notary Public
DORIS A. BENOiT
Commission # 131 "51 Z
i Notary Public - Caww% nnia y
San Bernardino County
My Comm. Expires Jun 24, 2006
SUBDIVISION IMPROVEMENT AGREEMENT
TRACT 24197-4
CITY OF LA QUINTA
6 PAGES
DATED November 15, 2001
NOTICE OF SPECIAL -MEETING OF THE BOARD OF DIRECTORS
OF CENTURY HOMES COIVIlVIUNITIES, A CALIFORNIA CORPORATION
')n February 2, 2001, at 10:00 a.m., a Special Meeting of the Board of Directors of Century Homes Communities was
Meld at the Corporation's office at 1535 So. "D" Street, San Bernardino, California:
SIGNING AUTHORIZATION: RATIFICATION OF PRIOR ACTS
WBEREAS, the Corporation is the general partner of Century Crowell Communities, L.P., a
California limited partnership ("Century Crowell");
WIIEREAS, Century Crowell was formed for the purpose of acquiring land and developing same
with single family homes;
W]HEREAS, the Corporation has determined that it is in the best interests of Century Crowell that
ownership in each Century Crowell project (`Project') be vested in a limited liability company or limited partnership
("Project Entity');
WBEREAS, primary responsibility for management of the Projects has been delegated to the
corporation's Project Managers, who are Kenny Felkel, Marty Butler, Rod Grinberg and Dave Cooper.
RESOLVED, that in connection with the development of any Project, any Project Manager (or
Gary Weintraub as Vice President or Assistant Secretary) is authorized to sign on behalf of the Corporation, as general
partner of Century Crowell, acting in its capacity as Manager or General Partner of any Project Entity, and as general
contractor to- the Projects, any and all documents in connection with plan checks, permits, entitlements, and all other
documents relating to city, county, water district and other governmental agency actions respecting the Projects.
RESOLVED, that in connection with the development of any Project, either Gary Weintraub, as
Jice President, or David J. Miller, as Assistant Secretary, signing alone (or, if required, either Gary Weintraub or David J.
Miller, together with any Project Director) are authorized to sign on behalf of the Corporation, as General Partner of
Century Crowell, acting in its capacity as Manager or General Partner of any Project Entity, surety bonds, and all
documents relating to same, in connection with the Projects.
RESOLVED, that Joyce Montgomery or David J. Miller are authorized to sign on behalf of the
Corporation, as general partner of Century Crowell, acting in its capacity as Manager or General Partner of any Project
Entity and as general contractor to the Projects, all documents as required for the issuance of the DRE Public Report for
the Projects.
RESOLVED, that copies .of these Minutes may be provided to any person or public agency
requiring evidence of authorization. ALL SUCH PERSONS OR PUBLIC AGENCIES ARE HEREBY PUT ON
NOTICE THAT ALL AUTHORIZED SIGNATORIES HEREUNDER ARE SIGNING ONLY Di THE
CAPACITIES SET FORTH HEREIN AND ARE NOT INDIVIDUALLY OR PERSONALLY T. LAIBItiE FOR ANY
DEBTS OR OBLIGATIONS OF THE CORPORATION, CENTURY CROWELL OR ANY FROIECT ENTITY.
All Directors were present and unanimously consented to the above.
DATE: February 2, 2001
ATTEST:
��U
W. Pavelak,
Ernest-O. Vincent, Assistant Secretary
Upa\minu eskarporat1020201.doc
OUTSTANDING BOND REPORT
Name: Monticello LLC
Tract No. 24197-4
Date of Contract: November 15, 2001
Required Bond Amounts:
Perimeter Wall (offsite) $ 25,500
Perimeter Imp. (offsite) $ 9,630
Grading
$ 171,650
Streets
$ 177,700
Water
$ 98,300
Sewer
$ 43,000
Dry Utilities
$ 97,200
Monumentation
$ 10,000
Engineering & Plans
$ 126,600
No -Plans Contingency
$ 265,850
Dates of Bond Reductions:
Outstanding Bonds:
performance / labor & materials
both
both
both
both
both
both
performance
performance
performance
Amount:
Bond No. Date Cancelled/Released:
$ 25,500 (P)
BE2619572
$ 25,500 (L&M)
same
$ 9,630 (P)
BE2619573
$ 9,630 (L&M)
same
$171,650 (P)
BE2619574
$171,650 (L&M)
same
$177,700 (P)
BE2619575
$177,700 (L&M)
same
$ 98,300 (P)
BE2619576
$ 98,300 (L&M)
same
$ 43,000 (P)
BE2619577
$ 43,000 (L&M)
same
$ 97,200 (P)
BE2619578
$ 97,200 (L&M)
same
$ 10,000 (P)
BE2619579
$126,600 (P)
BE2619580
$265,850 (P)
BE2619581
Gulf Insurance Group'
^^ 01Cft U 1rkBond No.: BE 26195 7 2
Initial Premium: $ 306.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Perimeter Wall, Off Site
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
Citv of La Quinta
as Obligee, in the sum of
Twenty-five Thousand Five Hundred 00/ 100 -----------------
-------- ($ 25 , 500.00-----) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California Gulf Insur C
limited liability company B:
BY: Century Crowell Communities, L.P.y
a California limited partnership Lyle L . San in , Attorn%y-in-Fact
Its: Managing Member
BY: Century Homes Communities, West "A", Suite 1805
a California corporatibn an Diego, CA 92101
Its : G eral par e-
BY:
Gary ein rau , Vice President
B.--
Davi&. J . Mt A sista ecretary
akok
Gulf Insurance Group' I Bond No: BE2619572
Amwb"°'`""mw Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Perimeter Wall, Off Site
KNOW ALL MEN BY THESE PRESENTS:
That we, Monticello LLC, a California limited liability company
as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta as
Obligee, in the sum of Twenty-f ive Thousand Five Hundred 00/ 100-------------------
------f$ 259500.00------Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract #24197-4
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attomey-in-Fact on November 28, , 2001.
Monticello LLC, a California
limited liability company
By: Century Crowed Communities, L.P.,
a California limited partnership
Its: Managing Member
By: Century Homes Communities,
a California corporation
Its: eneral P to
By:
G Weintraub Vice President
By:
David J. Mil , Ass'stan ecretary
Gulf Ins
By:
Lyle L. Sandlin , Attorney -in -yacht
Van
est "A", Suite 1805
Diego, CA 92101
Gulf Insurance Group' j
AmenlWof CA N" Bond No.: BE 26195 7 3
Initial Premium: $115.56
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Perimeter Improvements, Off Site
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC. a California limited liability compan
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
CJ ty of T,a Qui nta
as Obligee, in the sum of Nine Thousand Six Hundred Thirty''00/ 100------------------
------- ($ 9 , 630.00------ ) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California Gulf Insur ce Co y
limited liability company By.
BY: Century Crowell Communities, L.P.,
a California limited partnership
Its: Managing Member yle L. Sandlin
BY: Century Homes Communities, West "A", Suite 1805
a California corporation an Diego, CA 92101
Its: G neral Par r
BY:
Ga W n aub, Zce��d t
BY
David J. Mi A ist Secretary
J0
, Attorney -in -Fact
A44r
Gulf Insurance Group Bond No: B E 2 619 5 7 3
Amwtxrolcftrwa Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Perimeter Improvements, Off Site
KNOW ALL MEN BY THESE PRESENTS:
That we, MontipplIn T.LC, a California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
Citv of La Quinta as
Obligee, in the sum of Nine ThousandSix Hundred Thirty 00/ 100-----------------------
----- $ 9, 630. 00-------) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract #24197-4
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, , 2001.
Monticello LLC, a California
limited liability company
BY :__Century Crowell Communities, L.P.,
Gul71;nsu ;efpa
a California limited partnership By.
Its: Manag_Jn2 Member /
BY: Century domes Communities,
.a California corporation _
Its : eneral Par
BY:
Goy Wezntra,6b, Vice ,Vresd
Lyle L . Sandlin
0 West "A", Suite 1805
an Diego, CA 92101
, Attorney -in -Fact
David J. M er, As nt Secretary
Gulf Insurance Group I
Arnvn `01CftMW Bond No.: BE2619574
Initial Premium: $ 2 , 059.80
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Grading, On Site
KNOW ALL PEOPLE BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of One Hundred Seventy-one Thousand Six Hundred Fif ty 00 100--
-------- ($171, 6 50.00-----Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California Gulf Insura o y
limited liability company
BY: Century Crowell Communities, L.P.,
a California limited partnership
Its: Managing Member e L. Sandlin
BY: Century Homes Communities, Fa
'Diego,
est "A", Suite 1805
a California corporation CA 92101
Its: General Part
BY:
Gayf 'Weintylaub, Vice Presiden
David J. �er_,.sistant S cretary
, Attorney -in -Fact
ftk
Gulfinsurance Group' Bond No: BE2619574
A"wmtw`d`Mwm � Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Grading, On Site
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
. as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta as
Obligee, in the sum of One Hundred Seventy-one Thousan Six Hundred Fifty 00/ 100----
------- 171, 650.00-- --) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract #24197-4
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attomey-in-Fact on November 28. , 2001.
Monticello LLC, a California
limited liability company Gulf Insur c o ny
BY: Century Crowell Communities, L.P.,
a California limited.�partnership By:,
Its: Managing Member
BY: Century- domes Communities, Lyle L. Sandlin , Attorney -in -Fact
a California. corporation 0 West "A", Suite 1805
Its: �GeJneral Partner San Diego, CA 92101
BY: /74 - -
BY:Gar eintraub, Vice Presider.
David J. Miller, Ass' Secretary
Gulf Insurance Group
^"P'"b"d`tww" Bond No.: BE2619575
Initial Premium: $ 2 ,13 2.4 0
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Streets, On Site
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monti rPl 1 o LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
as Obligee, in the sum of One Hundred Seventy-seven" Thousand Seven Hundred 00/ 100----
-------- ($17 7 , 7 00.00-----Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract # 2419 7-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a
California
Gulf
limited liability
company
By:
BY: Century 'Crowell Communities, L.P.,
a California
limited partnership
Its: Managing Member
110
BY: Century Homes Communities,
a California
corporation
S
Its: G neral.
Partner
BY:
Ga �Te ntX
Vice Pre sid t
DavJtd J. , 4ssistantAecretary
)"le L . SanMin
est "A", Suite 1805
ego, CA 92101
, Attorney -in -Fact
Gulf Insurance Group'�
Bond No: BE2619575
Amwbu'"'"'°'�
Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Streets, On Site
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City bf La Quinta as
Obligee, in the sum of One Hundred Seventy-seven Thousar4 Seven Hundred 00/ 100-------
------($ 17 7 , 700.00-----Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract#24197-4
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
W WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, , 2001.
Monticello LLC, a California
limit&d liability company
BY: Century Crowell Communities, L.P.,
a California ]Limited partnership
Its: Mana3gligPNether
BY: Century Domes Comurities,
a California corporat.i_on
----",
Its: ners I. Part
BY
Ga eintr b, Vice Presiders
B
Gulf Ins
By:
U Lyle L . Sandlin , Attorney -in -Fact
West "A", Suite 1805
an Diego, CA 92101
David J. Milder, AI�sista ecretary
Gulf Insurance Group
��
Ammo rdtMorvO Bond No.: BE2619576
InitiatPremium: $1,179.60
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Domestic Water, Onc-Site
KNOW ALL PEOPLE BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Nii.ety-eight Thousand Three Hundred 00/ 100----------------
--------($ 98, 300.0Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California
limited liability company
BY: Century Crowell Communities, L.P.,
a California limited partnership
Its: Managing Member
BY: CentutylHomes Communities,
a California Corpo 0
Its: neral Pa e
BY: _
G We nt 'ub, Vi"' Pr&side
Gulf In
By:
yle L . Sairnin
110Jilego,
"A", Suite 1805
S CA 92101
David J. M,,--Tler, Assistant ,S'ecretary
, Attorney -in -Fact
Gulf Insurance Gmup'f` Bond No: BE26195 76
AmanbudcANmao Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Domestic Water, On Site
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability compan
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta -- as
Obligee, in the sum of Ninety-eight Thousand Three Hundred 00/ 100------------------
----- (§8, 300.00------- ) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract #24197-4 •
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, , 2001.
Monticello LLC, a California
limited liability company
By; Century Crowell Communities, L.P.,
a California limited partnership
Its: Managing Member
By: Century Homes Communities,
a California c.ornoration
Its: General Par
By:
ar eintraub, Vice
By.
Davidr-J. Miller, Assistant Secretary
Gulf Ins
By:
L. Sandlin
West "A", Suite 1805
Diego, CA 92101
, Attorney -in -Fact
Galf Insurance Group`
AMffn 0f CM019°0 Bond No.: BE 26195 7 7
Initial Premium: $ 516.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Sanitary Sewer, On Site
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC, a California limited liability company
as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Forty-three Thousand 00/100 -------------------------------
------- ($ 43 , 000.00------Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California Gulf Insurance ompa
limited liability company By:
By: Century Crowell Communities, L.P.,
.001
a California limited partnershiprego,
L. Sa in , Attorney -in -Fact
Its: Managing Member
By: Century Homes Communities,
110, Suite 1805
a California Corporation San 92101
Its: G eral Par
By:
�ein aub, Vice Preside t
By.
David J. Millers Assista Sccretary
Gulf Insurance Group' I
Bond No: BE2619577
"mtmberol` emw
Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Sanitary Sewer, On Site
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta
as
Obligee, in the sum of Forty-three Thousan 00/ 100-----------------------------------
------- 439000.00------) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract # 2419 7-4 ..
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attomey-in-Fact on November 28, 2001.
Monticello LLC, a California
limited liability company
By: Century Crowell Communities, L.P.,
Gulf Insura
a California limited partnership By:
Its: Managing Member
By: Century Homes Communities, _ le L. Sand1in , Attorney -in -Fact
a California rorporat n--- " 1 West "A", Suite 1805
B Its : eneral Parn Diego, CA 92101
y�
G weintra Vice President
B--
David J. Mi er, A 'st ecretary
Gulf Insurance Group I
A,,M,bK01CM010W Bond No.: BE2619578
Initial Premium: $1,16 6.40
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Dry Utilities, On Site
KNOW ALL PEOPLE BY THESE PRESENTS:
Thatwe. Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Ninety-seven Thousadd Two Hundred 00/ 100-----------------
------- 97,200.00----- payment, Y
($ � Dollars, for which a ent, well and truly to be made, we bin
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Traat #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California Gulf Ir
limtited liability company
By: Century Crowell Communities, L.P.,
By:
a California limited partnership -
Its: Managing Member
By: Century Homes Communities, 110
a California corporation-,.
orporation-Sa i
Its : neral P - n�3
By•
Ca Weintp�aub, Vice,Iresident
David ,T. er,ssistant S retary
yle L. Sandlin
st "A", Suite 1805
ego, CA 92101
, Attorney -in -Fact
Gulflnsurance Group J Bond No: BE2619578
Amemberdc '°'° Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Dry Utilities, On Site
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
Citv of La Quinta as
Obligee, in the sum of Ninety-seven ThousandTwo Hundred 00/ 100---------------------
=----- ($ 979200.00------) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. Tract # 24197-4
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, 2001.
Monticello LLC, a California
limited liability company
By: Century Crowell Communities, L.P.,
a California limited partnership
Its: Managing Member
By: Century domes Communitiez3,
a California corporaon.
Its- neral Pa er
By �
(Ga ein aub, Vice Presiden
By:
David J. Miller, A Secretary
Gulf Ins
By:
JLyle L. Sandlin , Attorney -in -Fact
est "A", Suite 1805
ego, CA 92101
Gulf Insurance Group
AmenAwrofMa"w Bond No.: BE2619579
Initial Premium: $120.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Monumentation
KNOW ALL PEOPLE BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
,as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Ten Thousand 00/ 100--------------------------------------
--------($ 109 000.00------ ) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC a California Gulf Insurance
91
limited liability company By:
By: Century Crowell Communities, L.P.,
a California limited partnership
Its: Managing Member 11C
By: Century Homes Communities,
a California corporati6n Sv
�
Its: G neral Pa
By:
in aub, V c ~id nt
By ,�We
�-�- .._�
David ,.J ` rl-l1er �Assisto Secretary
l S//%lfisiI
rest "A", Suite 1805
iego, CA 92101
, Attorney -in -Fact
Gulf Insurance Group'��
A�ro Bond N¢.: BE2619580
Initial Premium: $1, 519.20
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Engineering & Plans (20% of Construction)
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of One Hundred Twenty-six Thousand Six Hundred 00/100 --------
-------- ($126 , 600.00-----� Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, ,2001.
Monticello LLC, a California Gulf Insuran
limited liability company
By: Century Crowell Communities, L.P.,
By: ,
a California limited partnership
Its: Managing Member yle L . Sandlin , Attorney -in -Fact
By: Century Homes Communities, 110eest"A", Suite 1805
a California corporation S ,CA 92101
Its: General Pa nef—
By.
Gar eint ub, Vice Pruden
By : 2
David,,J. ', ssistant S cretary
Gulf Insurance Group
Amemtw`o1cMo w Bond No.: BE2619581
Initial Premium: $3,190.20
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
No -Plans Contingency (35% of Project)
KNOW ALL PEOPLE BY THESE PRESENTS:
Thatwe, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Two Hundred Sixty-f ive Thousand Eight Hundred Fif ty 00/ 100
-------- ($265 , 850.0Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. Tract #24197-4
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on November 28, 12001.
Monticello LLC, a California Gulf Insuran pa
limited liability company By:
By: Century Crowell Communities, L.P.,
a California limited partnershipOiego
Lyle L. Sandlin Attorney -in -Fact
Its: Managing Member st "A" Suite 1805
By: Century Homes Communities, 'a California corporation S, CA 92101
Its: Ge eral Partn.e
B ref
Y'
ar Wei n ab, Vice t
c_
Davide J. Mf. er, ssistant ecretary