31249 Beazer Homes Holdings, LLC - OBR & Released BondsOUTSTANDING BOND REPORT
Tract Number: 31249
Development: Cantera (Prev. Village at Coral Mountain)
Developer/Owner: Beazer Homes (Prev. Adobe Holdings)
Bond Company: Federal Insurance Co; Atlantic Specialty
Insurance; Arch Insurance
Outstanding / Released Bonds:
Bond Type
Bond No.
Amount:
Date Replaced or Released
Performance — Off-
K40337325
$914,761
Site
Labor & Materials —
K40337325
$914,761
Off -Site
Performance — On-
K40337350
$2,842,577
Site
Faithful
Performance — Off-
800056302
$730,907.80
site Street
Labor & Materials —
800056302
$730,907.80
Off-site Street
Fugitive Dust
SU5013662
$49,950
control (PM10)
Assignment of Security
Acct. 801362393 PFF Bank &
-------
$16,650
Trust
Performance — On-
LOC #23
$1,950,983
Site
Performance — Off-
LOC #24
$229,179
site
Labor & Materials —
LOC #25
$229,179
Off-site
Fugitive Dust
Cash deposit
$19,448.81
control (PM10)
Grading
799576
$105,192
7/13/2023
Rough Grading
SU5017775
$139,150
11/20/2008
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ALIF RN[A
MEMORANDUM
Date: July 13, 2023
To: Monika Radeva, City Clerk
Via: Bryan McKinney, P.E., Public Works Director / City Engineer
From: Amy Yu, Associate Engineer
Re: Cantera, TM 31249, Grading Bond Release
Please release the following grading bond held in your files for the above referenced tract. All
grading work for this tract has been completed.
The grading bond amount and the address to the developer and surety company are as follows:
Tract Map No. 31249
Bond Description
Bond No.
Bond Amount
Grading
799576
$105,192
Developer: Gavin Percy
Beazer Homes
310 Commerce, Suite 150
Irvine, CA 92602
Surety Company: Harco National Insurance Company
2400 East Katella Ave, Suite 250
Anaheim, CA 92806
Attn; Steve Kane
If you have any questions, please contact me at extension 7047.
Thank You.
W �GGI'NW
CALIFORNIA -
July 13, 2023 ---
Gavin Percy
Beazer Homes
310 Commerce, Suite 150
Irvine, CA 92602
RE: TRACT MAP 31249 CANTERA — RELEASE OF BOND
Dear Mr. Percy,
Per authorization of the City of La Quinta Public Works Department, the City Clerk's Office has
hereby released the following bond and notified Harco National Insurance Company on
7/13/2023.
Bond Number
Bond Amount
Bond Type
799576
1 $105,192
Grading
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.
Please do not hesitate to contact me should you have any questions.
Sincerely,
Laurie McGinley, Deputy City Clerk
Email: LMcGinley(a LaQuintaCA.gov
Tel: (760) 777 - 7123
W �GGI'NW
CALIFORNIA -
July 13, 2023 -----
Harco National Insurance Company
2400 East Katella Ave, Suite 250
Anaheim, CA 92806
Attention: Steve Kane
RE: TRACT MAP 31249 CANTERA — RELEASE OF BOND
Dear Mr. Kane,
Per authorization of the City of La Quinta Public Works Department, the City Clerk's Office
hereby releases the following bond:
Bond Number
Bond Amount
Bond Type
799576
1 $105,192
Grading
Copies of the bonds being released are enclosed for your reference.
Beazer Homes, the developer, was also notified of the above bond release on 07/13/2023.
Please do not hesitate to contact me should you have any questions.
Sincerely,
Laurie McGinley, Deputy City Clerk
Email: LMcGinley(a LaQuintaCA.gov
Tel: (760) 777 - 7123
FAITHFUL PERFORMANCE BOND
(LQMC 8.02.01 & CBC 3311)
Bond No. 0799576
Premium: $650.00
Grading Bond
WHEREAS, the City of La Quinta, California, is prepared to issue Public Works Grading
Permit # in accordance with the La Quinta Municipal Code, and the California
Building Code which is adopted by reference, to Beazer Homes Holdings, LLC. Delaware limited
liability company,goMpany, as Principal, whereby Principal will be authorized to perform certain grading
improvements identified in the permit, and as further detailed on the grading plans referenced therein,
to privately -owned property generally known to the City and others as Cesar tera at Coral Mountain.Tract
Man N�31249; and
WHEREAS, Said Principal is required underthe terms of the permitto furnish a bond for
the faithful performance of the grading work in accordance with the approved plans, specifications, and
permit requirements; or, if the work is abandoned (not completed as required), Principal shall correct or
eliminate any hazardous conditions that may exist.
NOW, therefore, we the Principal and Harco National Insurance Campanv. as Surety, are
held and firmly bound unto the City of La Quinta, as Obligee, in the penal sum of One Hundred Eye
Thousand One Hundred Ninety Two and N 1100 D Ilars $105 92.00 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 bonded 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 permit 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 theirtrue intent and meaning, and shall indemnify and
save harmless the Obligee, its officers, agents and employees, astherein 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 the Obligee 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 permit or to the work to be performed there under or the specifications accompanying the
same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such
change, extension of time, alteration or addition to the terms of the permit or to the work or to the
specifications,
Page 1 of 2
Grading Bond
Public Works Grading Permit#
Page 2 of 2
In witness whereof, this instrument has been duly executed by the Principal and Surety above
named, on July 15 2021.
(Seal)
Beazer Homes Holdings, LLC, a Delaware
limited liabili compan _
Principal
Signature of Principal
Title of Signatory
I-larco National Insurance Company
S u rety
(Seal)
Si natur�of Su
g rety
Tracy Aston Attom -i - act
Title of Signatory
2400 East Katella Avenue, Suite 250
An heim CA 92806
Address of Surety
657-304-2591
Phone # of Surety
Steve Kane
Contact Person For Surety
CALMORNIA ALL-PURPOSE ACKNOWLEDGMENT
A Notary Public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which this certificate is attached, and not the truthfulness,
accuracy, or validity of that document.
State of California
County of Los Angeles
On JUL 15 2021 before me, _ Ethan s ector N❑ p,_�.. tart' Public ,personally appeared
Trac Aston who proved to me on the basis of satisfactory evidence to be the person(g)
whose name(s) is/wo subscribed to the within instrument and acknowledged to me that
1�/she/lhey executed the same in hieItierlgje€ authorized cagacity(i0q), and that by Wher/t
signature(a) on the instrument the person(s), or the entity upon behalf of which the persons)
acted. executed the instrument_
*my
ETRANSPECTOR
Notary Pinto - CaitfomiaLos Angeles CountyCommission # 23OU17
Comm. Expires Oct 11. 2023
I certify under PENALTY OF PERJURY under the laws of
the State of California that the foregoing paragraph is true
and correct_
WITNESS my hand and official seal.
Signature
Signature of Notary Public
POWER OF ATTORNEY Bond# ,8(15*
HARCO NATIONAL INSURANCE COMPANY
INTERNATIONAL FIDELITY INSURANCE COMPANY
Member companies of IAT Insurance Group, Headquartered: 4200 Six Forks Rd, Suite 1400, Raleigh, NC 27609
KNOW ALL MEN 9Y THESE PRESENTS: That HARCO NATIONAL INSURANCE COMPANY, a corporation organized and existing under the laws of
the State of Illinois, and INTERNATIONAL FIDELITY INSURANCE CDMPANY, a corporation organized and existing under the laws of the State of New
Jersey, and having their principal offices located respectively in the cities of Rolling Meadows, Illinois and Newark, New Jersey, do hereby constitute and
appoint
NATHAN VARNOLD, SAMANTHA FAZZIN1, DONNA GARCIA. TRACYASTON, ASHRAF ELMASRY, MARINA TAP IA, KD WAPATO,
EDWARD C. SPECTOR. TOM BRANIGAN, PAUL RODRIGUEZ, SIMONE GERHARD, ROSA E. RIVAS, B. ALEMAR LISA K. CRAIL
Los Angeles, CA
their true and lawful attomey(s)-in-fact in execute, seal and deliver for and an its behalf as surety, any and all bonds and undertakings, contracts of
indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or permitted by law, statute, rule, regulation, contract
or otherwise, and the execution of such instrument(s) in pursuance of these presents, shall be as binding upon the said HARCO NATIONAL
INSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY, as fully and amply, to all intents and purposes, as if the same had
been duly executed and acknowledged by their regularly elected officers at their principal offices.
This Power of Attorney is executed, and may be revoked, pursuant to and by authority of the Sy -Laws of HARCO NATIONAL INSURANCE COMPANY
and INTERNATIONAL FIDELITY INSURANCE COMPANY and is granted under and by authority of the following resolution adopted by the Board of
Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting duly held on the 131h day of December, 2018 and by the Board of
Directors of HARGO NATIONAL INSURANCE COMPANY at a meeting held on the 13th day of December, 2018_
'RESOLVED, that (1) the Chief Executive Officer, President. Executive Vice President, Senior Vice President, Vice President, or Secretary of the
Corporation shall have the power to appoint, and to revoke the appointments of. Attomeys-in-Fact or agents with power and authority as defined or limited
in [heir respective powers of attorney, and to execute on behalf of the Corporation and affix the Corporation's seal thereto, bonds, undertakings,
recognizanoes, contracts of indemnity and other written obligations in the nature thereof or related thereto; and (2) any such Officers of the Corporation
may appoint and revoke the appointments of joint --control custodlans, agents for acceptance of process, and Attameys-In-fact with authority to execute
waivers and consents an behaff of the Corporation; and (3) the signature of any such Officer of the Corporation and the Corporation's seal may be affixed
by facsimile to any power of attomey or certification given for the execution of any bond, undertaking, recognizance, contract of indemnity or other written
obligation in the nature thereof or related thereto, such signature and seals when so used whether heretofore or hereafter, being hereby adopted by the
Corporation as the original signature of such officer and the original seal of the Corporation, to be valid and binding upon the Corporation with the same
Force and effect as though manually affixed.'
IN WITNESS WHEREOF, HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL
FIDELITY INSURANCE COMPANY have each executed and attested these presents
on this 31st day or December, 2020
=r, STATE OF NEW JERSEY P!:ti�sU,
U.
�t County of Essex STATE OF ILLINOIS �Ox:Qpro•Y�:
SEAL County of Cook _ c i a t" =
1904�a �,` =z: SEAL o
a U = a = s a+ A•
�1 ri � Kenneth Chapman y tlx..... r
Executive Vice President, Harco National Insurance Company ......
and International Fidelity Insurance Company
On this 31st day of December, 2020 , before me came the individual who executed the preceding instrument, to rile personally known, and,
being by me duly sworn, said he is the therein described and authorized officer of HARCO NATIONAL INSURANCE COMPANY and
INTERNATIONAL FIDELITY INSURANCE COMPANY; thatthe seals affixed to said instrument are the Corporate Seals of said Companies; that the
said Corporate Seals and his signature were duly affixed by order of the Boards of Directors of said Companies-
0 1 IN TESTIMONY WHEREOF, l have hereunto set my hand affixed my Official Seal, at the City of Newark,
New Jersey the day and year first above written.
ti jV "OTA 'St •' {t1
a°L`qy - �Outley
�Pubfic''r,,,111,.�`'�Shir.�ll- a Notary New Jersey
CERTIFICATION My Commission Expires April 4, 2023
I, the undersigned officer of HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY do hereby certify
that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Sections of the. sy-Laws of said Companies as set
forth in said Power of Aftni7 rey, with the originals on file in the home office of said companies, and that the same are correct transcripts thereof, and of the
whole of the said originals, and that the said Power of Attorney has not been revoked and is now in fulf-foree and effect.
IN TESTIMONY WHEREOF, I have hereunto set my hand on this day,
JUL 15,2021
A00494 a.,
-
Irene Martins, Assistant Secretary
T4&t 4 4 Q"
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, Development Services Principal Engineer
Via: 44mothy R. Jonasson, Public Works Director / City Engineer
Date: November 12, 2008
Re: Release of Rough Grading Bond for Tract Map No. 31249, Village at
Coral Mountain
Please release the following rough grading bond held in your files for the above
referenced tract. The following Rough Grading Bond has been authorized by Public
Works Staff for release. All rough grading work associated with the encroachment
permit has been completed.
The rough grading bond amount and the address to the developer and Surety
Company are as follows:
Tract Map No. 31249
Bond Description Bond No. Bond Amount
Rough Grading SU 5017775 $139,150
Developer: Mr. Robert Rippe
Adobe Holdings, Inc.
P.O. Box 1396
La Quinta, CA 92247-1396
Surety Company: Arch Insurance Company
One Liberty Plaza, 53rd Floor
New York, NY 10006
Cc: Project File I, Tract Map No. 31249
Amy Yu, Assistant Engineer II
TATracts_Parcel Maps_SP\30000-39999\31249\Internal Correspondence\Release of Grading Security memo TM 31249.doc
Twtf 444� a umm,
P.O. Box 1504
LA QUINTA, CALIFORNIA 92247-1504
78-495 CALLS TAMPICO (760) 777-7000
LA QUINTA, CALIFORNIA 92253 FAX (760) 777-7101
November 20, 2008
Robert Rippe
Adobe Holdings, Inc.
P. O. Box 1396
La Quinta, CA. 92247-1396
Re: Tract Map 31249 (Village at Coral Mountain)
To Whom It May Concern:
Per authorization from the Public Works Department, the City Clerk's Office hereby
releases Performance Bond SU5017775 (grading) in the amount of $139,150.
If you have any questions, please call me at (760) 777-7002.
Sincerel ,
ERONICA J
City of La QC
PONTECINO, City Clerk
nta, California
cc: Tim Jonasson, Public Works Director/City Engineer
Arch Insurance Company
File
BOND NO. SU5017775
PREMIUM: $2,783.00
FAITHFUL PERFORMANCE BOND
(LQMC 8.02.01 & CBC 3311)
Grading Bond
WHEREAS, the City of La Quints, California, is prepared to issue Encroachment Permit
# in accordance with the La Quinta Municipal Code, and the California Building Code which is
adopted by reference, to CORAL RIDGE. LLC , as Principal,
horiz
whereby Principal will be auted to perform certain grading improvements identified in the permit, and
as further detailed on the grading plans referenced therein, to privately -owned property generally known
to the City and others as * ;and *THE VILLAGE AT CORAL MOUNTAIN TRACT 31249
WHEREAS, Said Principal is required under the terms of the permit to furnish a bond for
the faithful performance of the grading work in accordance with the approved plans, specifications, and
permit requirements; or, if the work is abandoned (not completed as required), Principal shall correct or
eliminate any hazardous conditions that may exist.
NOW, therefore, we the Principal and ARCH INSURANCE COMPANY
as Surety, are held and firmly bound unto the City of La Quints, as Obligee, in the penal
SUM Of ONE HUNDRED THIRTY-NINE THOUSAND ONE HUNDRED FIFTY " 00/100
Dollars ($ 139,150. DD ) 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 bonded 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 permit 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 Obligee, 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 obligaton secured hereby and in addition to the face amount specified therefor, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred
by the Obligee in successfully enforcing such obligation, all to be taxed as costs and included in any
judgement rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the
terms of the permit or to the work to be performed thereunder or the specifications accompanying the
same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such
change, extension of time, alteration or addition to the terms of the permit or to the work or to the
specifications.
Page 1 of 2
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