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CONTRACT 4714 Other CLOSEDThis contract is entered into this day of 201_, by and between the City of El Segundo, a general law city and municipal corporation ( "the City ") and Karabuild Development Inc. ( "the Contractor "). 1. WORK. A. The Contractor will provide all work required by the Contract Documents (the "Work "). The Contractor agrees to do additional work arising from changes ordered by the City in accordance with the Contract Documents. B. The Contractor and the City agree to abide by the terms and conditions contained in the Contract Documents; C. The Contractor will furnish all of the labor; supplies and materials; equipment; printing; vehicles; transportation; office space and facilities; all tests, testing and analyses; and all matters whatsoever (except as otherwise expressly specified to be furnished by the City) needed to perform and complete the Work and provide the services required of the Contractor by the Contract Documents. D. "Contract Documents" means the Notice Inviting Bids; Instructions to Bidders; Supplementary Instructions to Bidders; Proposal; this Contract; Standard Specifications; Supplementary Conditions; Exhibits; Technical Specifications; List of Drawings; Drawings; Addenda; Notice to Proceed; Change Orders; Notice of Completion; and all other documents identified in the Contract Documents which together form the contract between the City and the Contractor for the Work. The Contract Documents constitute the complete agreement between the City and the Contractor and supersede any previous agreements or understandings. 2. CONTRACT SUM. The City agrees to pay the Contractor a sum not to exceed Six Hundred Sixty Thousand Dollars and No cents ($660,000.00) for the Work in the manner set forth in the Contract Documents. The City may adjust this amount as set forth in the Contract Documents. 3. TIME FOR PERFORMANCE. A. The Contractor will fully complete the Work within the time specified in the Contract Documents (the "Contract Time. ") Residential Sound Insulation Program 1 RSI 14 -21 (Group 64) Construction Contract X Contract Number: 4714 B. The Contract Time will commence when the City issues a notice to proceed. The Contract Documents will supersede any conflicting provisions included on the notice to proceed issued pursuant to this Contract. C. The Contractor shall not perform any Work until: . The Contractor furnishes proof of insurance as required by the Contract Documents; and ii. The City gives the Contractor a written, signed, and numbered purchase order and notice to proceed. D. By signing this Contract, the Contractor represents to the City that the Contract Time is reasonable for completion of the Work and that the Contractor will complete the Work within the Contract Time. E. Should the Contractor begin the Work before receiving written authorization to proceed, any such Work is at the Contractor's own cost and risk. 4. DISPUTES. Disputes arising from this contract will be determined in accordance with the Contract Documents and Public Contracts Code §§ 10240 - 10240.13. 5. TAXPAYER IDENTIFICATION NUMBER. The Contractor will provide the City with a Taxpayer Identification Number. 6. PERMITS AND LICENSES. Unless otherwise provided, the Contractor, at its sole expense, will obtain and maintain during the Contract Time, all necessary permits, licenses, and certificates that may be required in connection with the Work. 7. OWNERSHIP OF DOCUMENTS. All documents, data, studies, drawings, maps, models, photographs and reports prepared by the Contractor under the Contract Documents are the City's property. The Contractor may retain copies of said documents and materials as desired, but will deliver all original materials to the City upon the City's written notice. 8. INDEMNIFICATION. The Contractor agrees to indemnify and hold the City harmless as set forth in the Contract Documents. The requirements as to the types and limits of insurance coverage to be maintained by the Contractor as required by the Contract Documents, and any approval of such insurance by the City, are not intended to and will not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Contractor pursuant to the Contract Documents, including, without limitation, to the provisions concerning indemnification. 9. INDEPENDENT CONTRACTOR. The City and the Contractor agree that the Contractor will act as an independent contractor and will have control of all work and the manner in which is it performed. The Contractor will be free to contract for similar service to be performed for other employers while under contract with the City. The Contractor is not an agent or employee Residential Sound Insulation Program 2 RSI 14 -21 (Group 64) Construction Contract Contract Number: 4714 of the City and is not entitled to participate in any pension plan, insurance, bonus or similar benefits the City provides for its employees. Any provision in this Contract that may appear to give the City the right to direct the Contractor as to the details of doing the work or to exercise a measure of control over the work means that the Contractor will follow the direction of the City as to end results of the work only. 10. AUDIT OF RECORDS. The Contractor will maintain full and accurate records with respect to all services and matters covered under this Contract. The City will have free access at all reasonable times to such records, and the right to examine and audit the same and to make transcript therefrom, and to inspect all program data, documents, proceedings and activities. The Contractor will retain such financial and program service records for at least three (3) years after termination or final payment under the Contract Documents. 11. NOTICES. All communications to either party by the other party will be deemed made when received by such party at its respective name and address as follows: The City The Contractor James S. O'Neill Kevork Karajerjian City of El Segundo Karabuild Development, Inc. RSI Program 17337 Ventura Boulevard Unit 215 333 Main Street, Unit A Encino, California 91316 El Segundo, CA 90245 Any such written communications by mail will be conclusively deemed to have been received by the addressee three (3) days after deposit thereof in the United States Mail, postage prepaid and properly addressed as noted above. In all other instances, notices will be deemed given at the time of actual delivery. Changes may be made in the names or addresses of persons to who notices are to be given by giving notice in the manner prescribed in this paragraph. 12. NO THIRD PARTY BENEFICIARY. This Contract and every provision herein are for the exclusive benefit of the Contractor and the City and not for the benefit of any other party. There will be no incidental or other beneficiaries of any of the Contractor's or the City's obligations under this Contract. 13. INTERPRETATION. This Contract was drafted in, and will be construed in accordance with the laws of the State of California, and exclusive venue for any action involving this Contract will be in Los Angeles County. 14. EFFECT OF CONFLICT. In the event of any conflict, inconsistency, or incongruity between any provision of the Contract Documents, precedence will be as follows: A. This Contract; B. Precedence of documents as determined in the Standard Specifications. Residential Sound Insulation Program 3 RSI 14 -21 (Group 64) Construction Contract Contract Number: 4714 MJ 15. SEVERABILITY. If any portion of the Contract Documents are declared by a court of competent jurisdiction to be invalid or unenforceable, then such portion will be deemed modified to the extent necessary in the opinion of the court to render such portion enforceable and, as so modified, such portion and the balance of this Contract will continue in full force and effect. 16. AUTHORITY/MODIFICATION. The Parties represent and warrant that all necessary action has been taken by the Parties to authorize the undersigned to execute this Contract and to engage in the actions described herein. This Contract may be modified by written amendment. The City's city manager, or designee, may execute any such amendment on the City's behalf. 17. ACCEPTANCE OF FACSIMILE SIGNATURES. The Parties agree that this Contract, agreements ancillary to this Contract, and related documents to be entered into in connection with this Contract will be considered signed when the signature of a party is delivered by facsimile transmission. Such facsimile signature will be treated in all respects as having the same effect as an original signature. 18. COVENANTS AND CONDITIONS. The parties agree that all of the provisions hereof will be construed as both covenants and conditions, the same as if the words importing such covenants and conditions had been used in each separate paragraph. 19. CAPTIONS. The captions of the paragraphs of this Contract are for convenience of reference only and will not affect the interpretation of this Contract. 20. TIME IS OF ESSENCE. Time is of the essence for each and every provision of the Contract Documents. 21. COMMUNITY DEVELOPMENT BLOCK GRANT REQUIREMENT This is a federally assisted construction contract and Federal labor standards, including Davis - Bacon requirements, will be enforced. If Federal and State wage rates are applicable, then the higher of the two will prevail. [Signatures on next page] Residential Sound Insulation Program 4 RSI 14 -21 (Group 64) Construction Contract Contract Number: 4714 IN WITNESS WHERE OF the parties hereto have executed this contract the day and year first hereinabove written. CITY OF EL SEGUNDO: A general law city and municipal corporation. w B Gre g a enter p' City gager ATTEST: l'ity av, Cler APPROVED AS TO FORM: MARK D. HENSLEY, CITY ATTORNEY . Karl 1"I "Berger, Assistnt City Attorney CONTRACTOR: Karabuild Development, Inc. BY e ork Karajerjian Taxpayer ID Number Contractor State License Number Contractor City Business License Number Residential Sound Insulation Program 5 RSI 14 -21 (Group 64) Construction Contract EXECUTED IN TWO (2) ORIGINALS City of El Segundo Residential Sound Insulation Program FAITHFUL PERFORMANCE BOND Contract No: 4714 Bond No. 12101320 Bond Fee: $7,280.00 KARABUILD DEVELOPMENT INC. , as principal ( "PRINCIPAL ") and THE GUARANTEE COMPANY OF NORTH AMERICA , a corporation incorporated under the laws of the State of _MICHIGAN and licensed by the State of rt California to execute bonds and undeakings as sole surety, as surety ( "SURETY "), are held and firmly bound unto the City of El Segundo ( "CITY ") in the sum of SIX HUNDRED SIXTY THOUSAND AND NO /100THS dollars $ 660 „000.00 lawful money of the United States, which may be increased or decreased by a rider hereto executed in the same manner as this bond, for the payment of which sum PRINCIPAL and SURETY bind themselves, their successors, and assigns, jointly and severally, by this instrument. PRINCIPAL or SURETY will apply this bond for the faithful performance of any and all of the conditions and stipulations set forth in this bond, Contract Documents for Group 64 (RSI 14 - 21 ) of the City of El Segundo's Residential Sound Insulation Program ( "PROJECT ") and Contract RSI 14 -21 executed for such Project. In the case of any default in the performance of the conditions and stipulations of this undertaking, it is agreed that PRINCIPAL or SURETY will apply the bond or any portion thereof, to the satisfaction of any damages, reclamation, assessments, penalties, or deficiencies arising by reason of such default. Bond Conditions 1„ PRINCIPAL will construct the improvements identified in the Contract Documents for the PROJECT, copies of which are on file in the CITY's Residential Sound Insulation Program offices. Such performance will be in accordance with the requirements of the Contract Documents which are made a part of this bond by reference. 2. PRINCIPAL's work on the PROJECT will be done in accordance with the requirements of the Contract Documents for the PROJECT and with permits issued by the CITY. Should PRINCIPAL fail to complete all required work within the time allowed, CITY may, at its sole discretion, cause all required work to be done and the parties executing the bond will be firmly bound for the payment of all necessary costs therefor. PRINCIPAL will guarantee its work against any defective work, labor, or materials on the PROJECT for a period of one (1) year following the PROJECT's completion and acceptance by the CITY. 4. PRINCIPAL will pay for all materials and other supplies, for equipment used in, on, for or about the performance of the Project, and will pay for all work and labor thereon. Faithful Performance Bond 1 Last Modified: April 22, 2009 Contract No: 4714 City of El Segundo Residential Sound Insulation Program p.w 5. This bond is conditioned upon and guarantees due compliance with all applicable law including, without limitation, the El Segundo Municipal Code ( "ESMC "). SURETY, for value received, agrees that no changes, extensions of time, alteration or modification of the Contract Documents, or of the obligation to be performed will in any way affect its obligation on this bond, and it waives notice of any such change, extension of time, alteration or modification of the contract documents or of the obligation to be performed. 7. This bond consists of this instrument; the Contract Documents identified above; and the following two (2) attached exhibits all of which are incorporated herein by reference: A. A certified copy of the appointment, power of attorney, bylaws or other instrument entitling or authorizing the persons executing this bond to do so; and B. A certificate issued by the county clerk for the county in which SURETY's representative is located conforming with California Code of Civil Procedure §995.640 and stating that SURETY's certificate of authority has not been surrendered, revoked, cancelled, annulled, or suspended, or in the event that it has, that renewed authority has been granted. 8„ Should PRINCIPAL perform its obligations within the time allowed, PRINCIPAL's obligation will be void upon the acceptance of the performance by CITY; otherwise this obligation will remain in full force and effect. SIGNED AND SEALED this 21ST_ day of NOVEMBER , 2014 . KA BUILD DEVELOPMENT INC, THE O'UARANTEE 7MPANY OF NORTH AMERICA RIN J. , "AOTPresi tit SURETY's F40 roc SHILO LB LOSINO, ATTORNEY -IN -FACT R &CiPAL "s Se retary SURETY's 8X&MW µ SHILO LEE LOSINO, ATTORNEY -IN -FACT NOTE: ALL signatures must be aclt owledged by a notary public, PRINCIPAL's Mailing Address KARABUILD DEVELOPMENT INC. 17337 VENTURA BLVD.. SUITE 215 ENCINO, CA 91316 SURETY's Mailing Address WOODLAND HILLS, CA 91367 Faithful Performance Bond 2 Last Modified: April 22, 2009 Shilo Losino, Stephanie H. Shear, Jan - Michelle Rivera Contractors Best Insurance Services, Ina its true and lawful attomey(s) -in -fact to execute, seal and deliver for and on 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. The execution of such instrument(s) in pursuance of these presents, shall be as binding upon THE GUARANTEE COMPANY OF NORTH AMERICA USA as fully and amply, to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at the principal office. The Power of Attorney is executed and may be certified so, and may be revoked, pursuant to and by authority of Article IX, Section 9.03 of the By -Laws adopted by the Board of Directors of THE GUARANTEE COMPANY OF NORTH AMERICA USA at a meeting held on the 31s` day of December, 2003. The President, or any Vice President, acting with any Secretary or Assistant Secretary, shall have power and authority: 1. To appoint Attorney(s) -in -fact, and to authorize them to execute on behalf of the Company, and attach the Seal of the Company thereto, bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof; and 2. To revoke, at any time, any such Attomey -in -fact and revoke the authority given, except as provided below 3. In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and authority hereby given to the Attorney -in -Fact includes any and all consents for the release of retained percentages and /or final estimates on engineering and construction contracts required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation making payment of the final estimate to the Contractor and /or its assignee, shall not relieve this surety company of any of its obligations under its bond. 4. In connection with obligations in favor of the Kentucky Department of I lighways only, it is agreed that the power and authority hereby given to the Attorney -in -Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner — Department of Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation. Further, this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of the Company adopted at a meeting duly called and held on the 6th day of December 2011, of which the following is a true excerpt: RESOLVED that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any Power of Attorney or certification thereof authorizing the execution and delivery of any bond, undertaking, contracts of indemnity and other writings obligatory in the nature thereof, and such signature and seal when so used shall have the same force and effect as though manually affixed. w "<' IN WITNESS WHEREOF, THE GUARANTEE COMPANY OF NORTH AMERICA USA has caused this instrument to be signed and its corporate seal to be affixed by its authorized officer, this 23rd day of February, 2012. THE GUARANTEE COMPANY OF NORTH AMERICA USA ��"rromas�r�" STATE OF MICHIGAN Stephen C. Ruschak, Vice President Randall Musselman, Secretary County of Oakland On this 23rd day of February, 2012 before me came the individuals who executed the preceding instrument, to me personally known, and being by me duly sworn, said that each is the herein described and authorized officer of The Guarantee Company of North America USA; that the seal affixed to said instrument is the Corporate Seal of said Company; that the Corporate Seal and each signature were duly affixed by order of the Board of Directors of Cynthia A. Takai sG, Notary Public, State of Michigan County of Oakland t' My Commission Expires February 27, 2018 Acting in Oakland County IN WITNESS WHEREOF, I have hereunto set my hand at The Guarantee Company of North America USA offices the day and year above written. I, Randall Musselman, Secretary of THE GUARANTEE COMPANY OF NORTH AMERICA USA, do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney executed by THE GUARANTEE COMPANY OF NORTH AMERICA USA, which is still in full force and effect. rxa) � 0 IN WITNESS WHEREOF, I have thereunto set my hand and attached the seal of said Company this day of NOV 1,209 s 2 Randall Musselman, Secretary Contract No: 4714 CALIFORNIA ALL - PURPOSE ACKNOWLEDGEMENT State of California County of Los Angeles On NOV 212014 before me, JAN MICHELLE RIERA NOTARY PUBLIC DATE NAME, TITLE OF OFFICER Personally appeared LEE LOSINO NAME(S) OF SIGNER(S) Who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. JAN MICHELLE RIVERA Commission 1939902 Notary Public • CslNornls Los Angeles County M comm. Ex im Jul 3, 2013 MW NOTARY SEAL Contract No- 4714 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ZK, Slate of califodu County of 4- On Jl�-_I.Ybef'ore me, r f f cg"07 Ff 11 441 personally appeared al", We 0 ltle (A oce V_e/ Who Proved to me on the basis of satishlictory evidence to be the Porson(s) whose name(s) Ware, SUbScribed to tlic, Within instrument and Ickf'lowledged to 1-ne that 1`101SI10101eY executed the same ire C@PacitY0eS), and that by his/her/their Signaftlr()(S) on fll(,? RICE DUPRE instrument the person(s), o�r entit ' Commission # 2022779 Y ul)On behalf of ` 4,0. N zz which the person(s) acted, ex0CUted the irlSlrl.Vllont� Notary Public - California � Los Angeles County MY COMM. ('Xpires may 27, 2017 1 certify under PENALTY OF PERJURY under tfjc laws of the State Of California that the foregoing paragraph is true and corrant A WITNESS Place Notary Seal Above Signature OPTIONAL Thot-19h 1��O il'�fbnniilk)n be) OW is nut f0(juirod by iaw, it OWY MOV0 valuable to persons relying c0u1dprov6q?t t "MOVal and roa I on the document k1chMeM of this form to another document. Description of Attached Docuillelit /I Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) 11 , Guardian or Conservator ❑ Other:- Signer Is Representing: . . .... . . . . ........ . Number of Pages; Signer's Name: ❑ Individual [j C011)0r,'ft Officer — Title(s): ❑ PM'lner — ❑ Lis7lited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: 7 fol) (A lhumb hefe 7 102007 NalionM NoUy As sc)CialiOn - 0350 De Soto Ave-, P0. Box„ 2'02,'h'lswottb,CA 91313-2402-www.NationalNotary.org lteM45907 reorder. Call loll Free 1'800,876 6027 EXECUTED IN TWO (2) ORIGINALS City of El Segundo Residential Sound Insulation Pro LABOR AND MATERIALS BOND KARABUILD DEVELOPMENT INC. Contract No: 4714 Bond No. 12101320 Bond Fee: INCLUDED as principal ( "PRINCIPAL ") and THE GUARANTEE COMPANY OF NORTH AMERICA a corporation incorporated under the laws of the State of MICHIGAN and licensed by the State of California to execute bonds and undertakings as sole surety, as surety ( "SURETY "), are held and firmly bound unto the City of El Segundo ( "CITY ") in the sum of SIX HUNDRED SIXTY THOUSAND AND NO /100THS dollars ($ 660,000.00 , (words) lawful money of the United States, which may be increased or decreased by a rider hereto executed in the same manner as this bond, for the payment of which sum PRINCIPAL and SURETY bind themselves, their successors, and assigns, jointly and severally, by this instrument. This bond is conditioned upon and guarantees payment by PRINCIPAL to contractors, subcontractors, and persons renting equipment; payment by PRINCIPAL and all PRINCIPAL'S subcontractors for all materials, provisions, provender, or other supplies, and equipment used in, upon, for or about the performance of the work contemplated in the Contract Documents for Group 64 (RSI 14 -_2i of the City of El Segundo's Residential Sound Insulation Program ( "PROJECT ") and Contract RSI 14 -21 executed for such Project, and for all work or labor of any kind performed for the Project. In the case of any default in the performance of the conditions and stipulations of this undertaking, it is agreed that PRINCIPAL or SURETY will apply the bond or any portion thereof, to the satisfaction of any damages, reclamation, assessments, penalties, or deficiencies arising by reason of such default. Bond Conditions 1, PRINCIPAL will construct the improvements identified in the Contract Documents for the PROJECT, copies of which are on file in the CITY's Residential Sound Insulation Program offices. Such performance will be in accordance with the requirements of the Contract Documents which are made a part of this bond by reference. I PRINCIPAL will pay all contractors, subcontractors, and persons renting equipment. 3 PRINCIPAL will pay for all materials and other supplies, for equipment used in, on, for or about the performance of the Project, and will pay for all work and labor thereon. 4. This bond is conditioned upon and guarantees due compliance with all applicable law including, without limitation, the El Segundo Municipal Code (`SSMC "). SURETY, for value received, agrees that no changes, extensions of time, alteration or Labor and Materials Bond 1 Last Modified: April 22, 2009 Contract No: 4714 City of El Segundo Residential Sound Insulation Program modification of the Contract Documents, or of the obligation to be performed will in any way affect its obligation on this bond, and it waives notice of any such change, extension of time, alteration or modification of the contract documents or of the obligation to be performed. This bond consists of this instrument; the Contract Documents identified above; and the following two (2) attached exhibits all of which are incorporated herein by reference: A. A certified copy of the appointment, power of attorney, bylaws or other instrument entitling or authorizing the persons executing this bond to do so; and B. A certificate issued by the county clerk for the county in which SURETY'S representative is located conforming with California Code of Civil Procedure § 995.640 and stating that SURETY's certificate of authority has not been surrendered, revoked, cancelled, annulled, or suspended, or in the event that it has, that renewed authority has been granted. 7. Should PRINCIPAL perform its obligations within the time allowed, PRINCIPAL's obligation will be void upon the acceptance of the performance by CITY; otherwise this obligation will remain in full force and effect. SIGNED AND SEALED this 21 ST day of KARAB ILD DEVELOPMENT INC. P INC Afl's !"resident A AL', NOVEMBER , 2014 , THE GUA ANTE COMPANY OF NORTH AMERICA X SURETY's RWWkl$ XX SHILO LEE LOSINO, ATTORNEY -IN -FACT , , SURETY's S&t&;LW SHILO LEE LOSINO, ATTORNEY -IN -FACT NOTE: ALL signatures must be acknowledged by a notary public. PRINCIPAL's Mailing Address KARABUILD DEVELOPMENT INC. 17337 VENTURA BLVD,,, SUITE 215 ENCINO, CA 91316 SURETY's Mailing Address THE GUARANTEE COMPANY OF NORTH AMERICA 6300 OWENSMO� iTH AVE. 10TH FLOOR WOODLAND HILLS, CA 91367 Labor and Materials Bond 2 Last Modified: April 22, 2009 Shilo Losino, Stephanie H. Shear, Jan - Michelle Rivera Contractors Best Insurance Services, Ina its true and lawful attomey(s) -in -fact to execute, seal and deliver for and on 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. The execution of such instrument(s) in pursuance of these presents, shall be as binding upon THE GUARANTEE COMPANY OF NORTH AMERICA USA as fully and amply, to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at the principal office. The Power of Attorney Is executed and may be certified so, and may be revoked, pursuant to and by authority of Article IX, Section 9.03 of the By -Laws adopted by the hoard of Directors of THE GUARANTEE COMPANY OF NORTH AMERICA USA at a meeting held on the 315` day of December, 2003. The President, or any Vice President, acting with any Secretary or Assistant Secretary, shall have power and authority: 1. To appoint Attomey(s) -in -fact, and to authorize them to execute on behalf of the Company, and attach the Seal of the Company thereto, bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof; and 2. To revoke, at any time, any such Attomey -in -fact and revoke the authority given, except as provided below 3. In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and authority hereby given to the Attomey -in -Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation making payment of the final estimate to the Contractor and /or its assignee, shall not relieve this surety company of any of its obligations under its bond. 4. In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the Attorney -in -Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner — Department of Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation. Further, this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of the Company adopted at a meeting duly called and held on the 6th day of December 2011, of which the following Is a true excerpt: RESOLVED that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any Power of Attorney or certification thereof authorizing the execution and delivery of any bond, undertaking, contracts of indemnity and other writings obligatory in the nature thereof, and such signature and seal when so used shall have the same force and effect as though manually affixed. ,A IN WITNESS WHEREOF, THE GUARANTEE COMPANY OF NORTH AMERICA USA has caused this instrument to be signed and its corporate seal to be affixed by its authorized officer, this 23rd day of February, 2012. THE GUARANTEE COMPANY OF NORTH AMERICA USA STATE OF MICHIGAN Stephen C. Ruschak, Vice President Randall Musselman, Secretary County of Oakland On this 23rd day of February, 2012 before me came the individuals who executed the preceding instrument, to me personally known, and being by me duly sworn, said that each is the herein described and authorized officer of The Guarantee Company of North America USA; that the seal affixed to said instrument is the Corporate Seal of said Company; that the Corporate Seal and each signature were duly affixed by order of the Board of Directors of Cynthia A. Takai um Notary Public, State of Michigan County of Oakland y w My Commission Expires February 27, 2018 Acting in Oakland County IN WITNESS WHEREOF, I have hereunto set my hand at The Guarantee Company of North America USA offices the day and year above written. I, Randall Musselman, Secretary of THE GUARANTEE COMPANY OF NORTH AMERICA USA, do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney executed by THE GUARANTEE COMPANY OF NORTH AMERICA USA, which is still in full force and effect. IN WITNESS WHEREOF, I have thereunto set my hand and attached the seal of said Company this day of NOV 2 1, 2014 �. Randall Musselman, Secretary Contract No: 4714 CALIFORNIA ALL - PURPOSE ACKNOWLEDGEMENT State of California County of Los Angeles On Nov 9, 1 H14. before me, JAN MICHELLE RIVERA NOTARY PUBLIC DATE NAME, TITLE OF OFFICER Personally appeared SHILO LEE LOSINO NAME(S) OF SIGNER(S) Who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS m . hand and official seal. JAN MICHELLE RIVED► Commission 1939902 Notary Public • California los Angeles County M COMIM. E Ire$ Jul , 2015 SIGNATUR,t OF NOTARY NOTARY SEAL CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of Califordia County of On '(before me, I., I Daie personally appeared Contract No- 4714 who proved tomeon the basis of evidence to ��a����`�o�name�is� —' ` person( s) name( s) neoubaohbodtothe within instrument and acknowledged to me that he/she/they executed the aonne in his/hanYheirauthohzed oaPaC/ty(iea)^ and that by hils/hoc/their signature(s) on the instrument the person(s), or the entity upon behalf of which the pen$mm(a) acted, executed the instrument. Commission # 2022 Notary Public California Los An 11 geles County | certify under PENALTY OF PERJURY under the laws M Comm. Exi ilres Ma 27, 2017 of the State o/ California that the foregoing paragraph is true and correct. _ WITNESS my 64d Place Notary Seal Above Signature— OPTIONAL " rhoughuminformation nmed��xx va luable ~ m relying -�m000cumao/ _---,~ mm ..~""" ='r,emumxanoemmcomon or this form manother sot. Description of Attached Document Title � oorTypuofDooumeni: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: O Individual � O Corporate Officer --TNe(s): __ U Partner - -OLimhed El General Number of Pages-, Signer's Name: 1-1 Individual OCu9o��U�cer--TlUo(a),__ _- u,artne— ULimitedOB m] -- O Attorney in Fact General U Attorney inFact O Trustee Top mthumb • Guardian orConuew O Trustee n� � Conservator -`^'~^~'~ • Other: U Guardian orConservator El Other: Signer Is Representing: 102007 National Nolary Association, 9350 Do Solo Ave. P-0.13ox 2402 -Chalsworth, CA 91,313-2402- Wwvv,NafionalNolaryorg llern n5q�7 Reorder: Call Toll-Free 1,800 876 6821