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Bond No. 32S618354
<br />LABOR AND MATERIAL BOND
<br />Whereas , the City Council of the City of Pleasanton, State of California, and
<br />American Wholesale Lighting ("Principal") have entered into an agreement whereby
<br />Principal agrees to install and complete certain designated public improvements , which
<br />agreement, dated January 16th , 2024, and identified as LIBRARY LIGHTING
<br />IMPROVEMENTS, PROJECT NO. 23493, is hereby referred to and made a part
<br />hereof; and
<br />Whereas , Under the terms of the agreement, Principal is required before entering upon
<br />the performance of the work, to file a good and sufficient payment bond with the City of
<br />Pleasanton to secure the claims to which reference is made in Title 3 ( commencing with
<br />Section 9000) of Part 6 of Division 4 of the Civil Code.
<br />Now, therefore , Principal and the undersigned as corporate surety, are held firmly bound
<br />unto the City of Pleasanton and all contractors, subcontractors , laborers , material
<br />suppliers , and other persons employed in the performance of the agreement and referred
<br />to in Title 3 ( commencing with Section9000) of Part 6 of Division 4 of the Civil Code in
<br />the sum of ._i;1a-~& ~,\Uh s~ ibv.,.114)-.-~~J--J a,J -twitv-v dollars($ 997,212 ),
<br />for materials furnished or labor thereon of any kind, or for amounts due under the
<br />Unemployment Insurance Act with respect to this work or labor, that the surety will pay
<br />the same in an amount not ex ceeding the amount hereinabove set forth , and also in case
<br />suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and
<br />reasonable expenses and fees , including reasonable attorney's fees , incurred by City of
<br />Pleasanton in successfully enforcing this obligation, to be awarded and fixed by the court,
<br />and to be taxed as costs and to be included in the judgment therein rendered.
<br />It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any
<br />and all persons , companies , and corporations entitled to file claims under Title3
<br />( commencing with Section 9000) of Part 6 of Division 4 of the Civil Code , so as to give a
<br />right of action to them or their assigns in any suit brought upon this bond.
<br />Should the condition of thi s bond be fully performed, then this obligation shall become
<br />null and void , otherwise it shall be and remain in full force and effect.
<br />The surety hereby stipulates and agrees that no change , extension of time, alteration, or
<br />addition to the terms of the agreement or the specifications accompanying the same shall
<br />in any manner affect its obligations on this bond, and it does hereby waive notice of any
<br />such change, extension, alteration , or addition.
<br />In witness whereof, this instrument has been duly executed by Principal and surety above
<br />named , on January 18th , 20 __2.1__.
<br />Surety
<br />By: ~~~l-l-/1..Y.Jll..U,.A\..I~
<br />Cathy Bur ardt Attorney-In-Fact
<br />(Si gnature of Principal and Surety must be notarized)
<br />LIBRARY LIGHTING IMPROVEMENTS , CIP No. 23493 Pag e 27
<br />DocuSign Envelope ID: FCF872D7-0EBA-4C32-9641-6C083031D73D
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