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OBR & Released BondsOUTSTANDING BOND REPORT Tract Number: 37683 Development: MARRIOTT RESIDENCE INN Developer/Owner: LQ HOSPITALITY GROUP (Previously SUNRIDGE PROPERTIES) Bond Company: HARTFORD CASUALTY INSURANCE COMPANY 501 Pennsylvania Pkwy, Ste 400 Indianapolis, IN 46280 Attn: Kris Kopp Outstanding / Released Bonds: Bond Type Bond No. Amount: Date Replaced or Released Performance 59BSBHP1343 $145,823 Released 08/19/2021 Labor & Material 59BSBHP1343 $145,823 Released 08/19/2021 August 19, 2021 LQ Hospitality Group, LLC Attention: Paul Welker 7255 E. Hampton Ave, Ste 122 Mesa, AZ 85209 RE: PARCEL MAP 37683 RESIDENCE INN BY MARRIOTT RELEASE OF BONDS Dear Mr. Welker, Per authorization of the City of La Quinta Public Works Department, the City Clerk’s Office has hereby released the following bonds and notified Hartford Casualty Insurance Company on 8/19/2021. Bond Number Performance Security Labor & Materials Security 59BSBHP1343 $145,823 - 59BSBHP1343 - $145,823 Please do not hesitate to contact me should you have any questions. Sincerely, Monika Radeva, City Clerk Email: MRadeva@LaQuintaCA.gov Tel: (760) 777 - 7035 c: Bryan McKinney, Public Works Director/City Engineer Hartford Casualty Insurance Company File Please note that the City is not able to locate the original paper bonds; however, enclosed for your reference are copies of the released bonds. August 19, 2021 Hartford Casualty Insurance Company Attn: Kris Kopp 501 Pennsylvania Pkwy, Ste 400 Indianapolis, IN 46280 RE: PARCEL MAP 37683 RESIDENCE INN BY MARRIOTT RELEASE OF BONDS Dear Mr. Kopp, Per authorization of the City of La Quinta Public Works Department, the City Clerk’s Office hereby releases the following bonds: Bond Number Performance Security Labor & Materials Security 59BSBHP1343 $145,823 - 59BSBHP1343 - $145,823 Please note that the City is not able to locate the original paper bonds; however, enclosed for your reference are copies of the released bonds. LQ Hospitality Group, LLC., the developer, was also notified of the above bonds release on 08/19/2021. Please do not hesitate to contact me should you have any questions. Sincerely, Monika Radeva, City Clerk Email: MRadeva@LaQuintaCA.gov Tel: (760) 777 - 7035 MEMORANDUM Date: August 16, 2021 To: Monika Radeva, City Clerk Via: Bryan McKinney, P.E., Public Works Director / City Engineer From: Amy Yu, Associate Engineer Re: Residence Inn by Marriott, PM 37683 On-Site and Off-Site Improvements Bonds Upon recording of the Notice of Memorializing Reciprocal Access for the above referenced project, please release the following performance and labor & materials bonds for on-site and off-site improvements held in your files. City Council final accepted the off-site and on- site improvements on May 4, 2021. The amounts and addresses to the developer and the surety company are as follows: Developer: LQ Hospitality Group, LLC 7255 E. Hampton Ave, Ste 122 Mesa, AZ 85209 Attention: Paul Welker Surety: Hartford Casualty Insurance Company 501 Pennsylvania Pkwy, Ste 400 Indianapolis, IN 46280 Attn: Kris Kopp If you have any questions, please contact me at extension 7047. Thank You. Bond Number Performance Security Labor & Materials Security 59BSBHP1343 $145,823 - 59BSBHP1343 - $145,823 AY SUBDIVISION IMPROVEMENTS Parcel Map No. 37683 PERFORMANCE BOND BOND NO. 59BSBHP1343 KNOW ALL MEN BY THESE PRESENTS: THAT, the City Council of the City of La Quinta has approved the final map for Parcel Map No. 37683 , prior to installation of certain designated public improvements required by the Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code Section 66462) WHEREAS, the City Council of the City of La Quinta, State of California, and LQ HospitaliLy Group, LLC hereinafter designated as ("principal") have entered into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, dated April 23 201 9 and identified as Parcel Map No. 37683 , is hereby referred to and made a part hereof, and WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. NOW, THEREFORE, we, the principal and Hartford Casualty Insurance Company , as surety, are held and firmly bound unto the City of La Quinta hereinafter called ("City"), in the penal sum of One Hundred Forty Five Thousand Eight Hundred Twenty Three & 001100----------- ❑OLLAR S ($ 145,823.00 __)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, 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 City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed hereunder 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 of time, alteration or addition to the terms of the agreement or to the work or to the specifications. T Drive/Checklists — Forms & Applications/Standard Bond Form -Performance Bond -Labor & Materials Bond for Parcel Map In witness whereof, this instrument has been duly executed by the principal and surety above named, 25 , 2019 . LQ Hospitality Group, LLC . ncipal (Seal) 64 ignature of Principal 1V1Wr_'6d Title of Signatory H rtford Casualty Insurance Compan S re (Seal) Signature f Surety Taylor Wilstead, Attorney -In -Fact Title of Signatory 501 Pennsylvania Parkway, Suite 400 Indianapolis, IN 46280 Address of Surety 602-674-2725 Phone # of Surety Kris Kopp Contact Person For Surety T Drive/Checklists — Forms & Applications/Standard Bond Form -Performance Bond -Labor & Materials Bond for Parcel Map Direct Inquiries/Claims to: THE HARTFORD BOND,ctic POWER OF ATTORNEY One Hartford Plaza Hartford, Connecticut 06155 Bo n d. C l a i ms(Wtheh artfo rd.c om call: 888-266-3488 or fax: 860-757-5835 KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Name: BONDING SOLUTIONS LLC Agency Code: 5 9- 3 0 34 3 9 .�1 0 Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut 0 Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford Accident and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut Hartford Underwriters Insurance Company, a corporation duly organized under the laws of the State of Connecticut Twin City Fire Insurance Company, a corporation duly organized under the laws of the State of Indiana 0 Hartford insurance Company of Illinois, a corporation duly organized under the laws of the State of Illinois Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of Indiana 0 Hartford Insurance Company of the Southeast, a corporation duly organized under the laws of the State of Florida having their home office in Hartford, Connecticut, (hereinafter collectively referred to as the "Companies") do hereby make, constitute and appoint, up to the amount of Unlimited : Cindy Kleiner, Alec Kleiner, Chris Morrow, David J. Wilstead, Taylor Wilstead of MESA, Arizona their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above, to sign its name as surety(ies) only as delineated above by ®, and to execute, seal and acknowledge any and all bonds, undertakings, contracts and other written instruments in the nature thereof, on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on May 6, 2015 the Companies have caused these presents to be signed by its Senior Vice President and its corporate seals to be hereto affixed, duly attested by its Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies, the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. ■{•randllrv•„ • ►•priY'•F t$i$ i3 �6Y x976 • '�rr�._•� K �rF ..li r ,•crl�o}S-r�ilar�• ti2'yFC• John Gray, Assistant Secretary STATE OF CONNECTICUT sS, Hartford COUNTY OF HARTFORD M. Ross Fisher, Senior Vice President On this 5th day of January, 2018, before me personally came M. Ross Fisher, to me known, who being by me duly sworn, did depose and say: that he resides in the County of Hartford, State of Connecticut; that he is the Senior Vice President of the Companies, the corporations described in and which executed the above instrument; that he knows the seals of the said corporations; that the seals affixed to the said instrument are such corporate seals; that they were so affixed by authority of the Boards of Directors of said corporations and that he signed his name thereto by like authority, 0 Kathleen T. Maynard Notary Public CERTIFICATE My Commission Expires July 31, 2021 I, the undersigned, Assistant Vice President of the Companies, DO HEREBY CERTIFY that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which is still in full force effective as of April, 23 2019 Signed and sealed at the City of Hartford. _ tC/ 1iR 1 %f15i Is J' iSnE �li� �sr .� - •' pti 7R1rI riY r�* • ra•I IF ;1; i$ ifti F "yy 19 fiX. • F ;_'._nui st0 F�YR-� 1�,Iy ♦ili1�Q•Sr+II`HY� �i Kevin Heckman, Assistant Vice President POA 2018 SUBDIVISION IMPROVEMENTS Parcel Map No. 37683 LABOR AND MATERIAL BOND BOND NO. 59BSBHP1343 KNOW ALL MEN BY THESE PRESENTS: THAT, the City Council of the City of La Quinta has approved the final map for Parcel Map No. 37683 , prior to installation of certain designated public improvements required by the Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code Section 66462) WHEREAS, the City Council of the City of La Quinta, State of California, and LQ Hospitality Group, LLC hereinafter designated as "the principal" have entered into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, dated April 23 , 2019 , and identified as Parcel Map No. 37683 , is hereby referred to and made a part hereof; and WHEREAS, under the terms of the agreement, the principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of La Quinta to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, the principal and the undersigned as corporate surety, are held firmly bound unto the City of La Quinta and all contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of One Hundred Forty Fiva Thousand Eight Hundred Twenty Three & 001100 DOLLARS ($ 145,823.00 ), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor, that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney' s fees, incurred by city in successfully enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. T Drive/Checklists — Forms & Applications/Standard Bond Form -Performance Bond -Labor & Materials Bond for Parcel Map The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on April 23 , 20 19 LQ Hospitality Group, LLC Pri ipal (Seal)tjzd=:__� Si nature of Principal ('k, zf'V—'O Title of Signdtory Hartford Casua4 Insurance Company ure (Seal) , n 5ig� nature Sure Taylor Wilstead, Attorney -In -Fact Title of Signatory 501 Pennsylvania Parkway, Suite 400 IndianaDOIIS. IN 46280 Address of Surety 602-674-2725 Phone # of Surety Kris Kopp Contact Person For Surety T Drive/Checklists — Forms & Applications/Standard Bond Form -Performance Bond -Labor & Materials Bond for Parcel Map Direct Inquiries/Claims to: THE HARTFORD BONgT-12 POWER OF ATTORNEY One Hartford Plaza Hartford, Connecticut 06755 Bond.ClaimsC&thehartferd.com call: 888-266-3488 or fax: 860-767-5835 KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Name: BONDING SOLUTIONS LLC A enc Code: 59-303439 Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut 0 Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford Accident and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut 0 Hartford Underwriters Insurance Company, a corporation duly organized under the laws of the State of Connecticut Twin City Fire Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford Insurance Company of Illinois, a corporation duly organized under the laws of the State of Illinois Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of Indiana Hartford Insurance Company of the Southeast, a corporation duly organized under the laws of the State of Florida having their home office in Hartford, Connecticut, (hereinafter collectively referred to as the "Companies") do hereby make, constitute and appoint up to the amount of Unlimited : Cindy Kleiner, Alec Kleiner, Chris Morrow, David J. Wilstead, Taylor Wilstead of MESA, Arizona their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above, to sign its name as surety(ies) only as delineated above by ®, and to execute, seal and acknowledge any and all bonds, undertakings, contracts and other written instruments in the nature thereof, on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on May 6, 2015 the Companies have caused these presents to be signed by its Senior Vice President and its corporate seals to be hereto affixed, duly attested by its Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies, the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. a �/+'Mr� �I�rf8B7rix s yQ�� _�t i se'rr`,�; � • r AFf .�:7 'y��r�K.rrnr J� r�aliR} =i tnSi 1979 Nrtyfl9R9 John Gray, Assistant Secretary STATE OF CONNECTICUT sS, Hartford COUNTY OF HARTFORD M. Ross Fisher, Senior Vice President On this 5th day of January, 2018, before me personally came M. Ross Fisher, to me known, who being by me duly sworn, did depose and say: that he resides in the County of Hartford, State of Connecticut; that he is the Senior Vice President of the Companies, the corporations described in and which executed the above instrument; that he knows the seals of the said corporations; that the seals affixed to the said instrument are such corporate seals; that they were so affixed by authority of the Boards of Directors of said corporations and that he signed his name thereto by like authority. 0Kathleen T. Maynard Notary Public CERTIFICATE My Commission Expires July 31, 2021 I, the undersigned, Assistant Vice President of the Companies, DO HEREBY CERTIFY that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which is still in full force effective as of April, 23 2019 Signed and sealed at the City of Hartford. lw -1 q �► ,�.rp iM1Cnr:� 1fi'� � �Q4� � ��J�utL��. R� __ii! C� �uf ., '�Rrr ,r„.•. r�arypl�. 1'•-= �g 9 =� s'- I 9 i e 9 Kevin Heckman, Assistant Vice President POA 2018