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RESOLUTIONS - 01012005 - 2005-636
THF BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adapted this Resolution on October 4,2005,by the following vote: AYES:SUPERVISORS GIOM PIED O, DeSAULNIER AND UTLKEMA NOES: NONE ABSENT; SUPERVISOR GLOVER ABSTAIN: NONE + I3T`I( N Nil,2 � I} ! ► SUBJECT: Approving the Final Map and. Subdivision Agreement for Subdivision'05-08925, being developed by Windeere BLC Land Company,LLC,San Ramon(Daugherty Valley)area. (District II) The fallowing documents were presented for Board approval this date: I. MAP The final map of Subdivision 05-08925, property located in the San Ramon (Dougherty Valley)area,Supervisorial District HI,said map having been certified by the proper officials. H. Subdivision Agreement A subdivision agreement with Windemere BLC Land Company, LLC, principal, whereby said principal agrees to complete all improvements as;required in said subdivision agreement within two years from the date of said agreement. Accompanying said subdivision agreement is security guaranteeing completion of said improvements as fellows: Originator:Public Works(ES) Contact: Teri Ric(313-2363) I hereby certify that this is a true and correct Copy of an action EH..rm taken and entered an the minutes of the Board of Supervisors G:\C"Data\EngSvc\B0\2005\10-04\SD 05-08925 Bo-2l.doc cc: Public Warks—T.Bell,Construction' on the date shown. Current Planning,Community Development T—August 4,2007 Windermere BLC Land Company,LLC 6121 Bollinger Canyon Road Ste 500 ATTESTED: San Ramon,CA 94583 �► Ann:Brian Olin JOHN SWEETEN,Clerk of the Board of Supervisors and Fidelity and Deposit Company of Maryland 801 K Bran Blvd.,Penthouse Suite' County,Administrator Glendale,CA 91203 Aur:Rochelle Rheault Arch Insurance,Cornpany 135 N.Los Robles Ave,,#825 Pasadena,CA 91101 By ,Deputy Attrr:George Munn RESOLUTION NO.2005/ ' + SUBJECT: Approving the Final Map and Subdivision Agreement for Subdivision 05-08925, being developed by Windemere BLC Land Company, LLC, San Ramon (Dougherty Valley) area. (District III) DATE: October 4, 2005 PAGE: 2 A. Cash Bond Performance:amount: $30,500.00 Auditor's Deposit PermitNo.45f038 Date: September 12, 2005 Submitted by: Windemere BLC;Land Company, LLC Tax ID Number: 94-3291516 B. Surety Bond Bond Company: Fidelity and Deposit Company of Maryland Bond Number: 08821659Dater July 14,2005 Performance'Amount: $3,023,500.00 Labor&Materials Amount: $1,527,000.00 Principal: Windemere BLC Land Company,LLC' III. Tax Letter Letter from the County Tax Collector stating that there are no unpaid County taxes heretofore levied on the property'included in said map and that the 2004-2005 tax lien has been paid in full and the 2005-2006 tax lien,which became a lien on the first day of January 2005,is estimated to be $4,203,600.00, with security guaranteeing payment of said tax lien as follows: • Tax Surety Bond Company: Arch Insurance Company Bond Number: SU5015816 Date: July 20, 2005 Amount: $4,203,600.00 ` Principal: Windemere BLC Land Company,>>LLC NOW,THEREFORE, THE FOLLOWING IS RESOLVED: 1. That said subdivision, together with the provisions for its design and improvement,is DETERMINED to be consistent with the County's general'and specific plans. 2. 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Suite 500, San Ramon, CA 94588 819800-0800: 61189840, $1,700.00, ,Sub 05-08925, Cash Bond, Windemere BLC Land Company, LLC, 6221 Bollinger',Canyon Rd.', Suite 5001, San Ramon, CA 94583 8198013-08130: 61189842, $1,800.00, Sub 05-08924, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger'Canyon Rd., Suite 500, San Ramon, CA 94583 819800-08030: G1189844, $5,800).00, bG 04-000348, Cash Bond, Windemere' BLC Land Company, LLC, 6121 Bollinger Canyon Rd.„ Suite 5003, San Ramon, CA 94583 0682-9752' 1 139204. 61189425, $309.493.55, Sub 8331, COA'S 80 86,87,88,1050106, 107, Danville Tassajara Ptrs, LLC, 6121 Bollinger Canyon Rd, Suite 500, San Ramon, CA 94583 0682-9752 1 139200: 61189426, $6.500.OQ, Sub 8331, COA #118A Construction of; bus stop shelter Danville Tassajara Ptrs, LLC, 6121 Ballinger Canyon Rd, Suite 500, San Ramon, ,CA 94583 ' 0649-9665 1 112300; 01189817, $150,000.00, Rpt 04-01175, Road Acceptance Inspection, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 5010, Sart Ramon, CA 945$3 0649-9665 1 112300; 61189825; $100,000.00, Sub 05-08925, Subdivision Improvement Inspection Fee, , Windermere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-9665 I 11230(7: 61189831, $96,700.010, Sub 05-08924, Major Subdivision Improvement Inspection, Windemere SLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon,CA 94583 01649-9665 111230; 61189836, $100.00 .00, Sub 05-08926, Major Subdivision Improvement Inspection, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., .Suite 500, Son Ramon, CA 94583 0649-96:65 / 112300; 0118989, $13.6003.C)4, Sub 08926, Landscape Improvement Inspection, Windemere BLC Land Company, LLC,' 6121 Bollinger Canyon Rd., Suite 500, San Ramon,'CA 94583 0649-9665 l 1123001; 61189841, $11,300.00, Sub 05-08925, Landscape Inspection Fee, Windemere BLC Land Company, LLC, '6121 Bollinger Canyon Rd., Suite 500, San Ramon,;CA 94583 0649-9665 / 112300: 61189843, $11100.00, Sub 05-8924, Landscape Improvement Inspection Fee, Windemere BLC Land Company, LLC, 6121 Ballinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649--9665 1 112300: 01289845, $29,400.00, 06 014-00048, Drainage Inspection Fee, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-9665 / 112300: 61189847, $10.300.00, DG' 04-00049, Drainage Inspection 'Fee, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 01649-9665 / 11.2300: 61189849, $19.300.00, DG 04-00049, Landscape Inspection Fee, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon' Rd., Suite 500, San Ramon, CA 94583 0649-9665 / 112300: G1189851, $27,500.00; PA 05-0024, Landscape Inspection Fee, Windemere BLC Land! Company, LLC, 6121 Bollinger Canyon' Rd., Suite 500, San Raman, CA 94583 0649-9665 / 112300: G1189854,'$5,900.00, RA 034-01178, Read Acceptance Inspection, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd.,' Suite 500, San Ramon, CA 94583 0649-9665 / 112300: 61189856, $22,300.00, PA 05-00023, Landscape Inspection Fee, Windemere BLC Land'Company, LLC, 6121 Bollinger Canyon; Rd., Suite 500, San Ramon, CA 94583 0649-9665 ! 112300: 61189858, $107,200.00, RA '04-01175, Landscape Inspection Fee, Windemere BLC'Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649+--9665 / ,,2300: 61189860, $18.500.00,, DG 04-00050 Drainage' Inspection Fee, Windemere BLC'Land'Company, LLC, 6121 Bollinger Canyon ' Rd., Suite 5030, San Raman, CA 94583 819800-0800: 61189846, $1,50t?.00,'d6 04-00049, Cash Bond, Windemere BLC Lund Company, LLC, 6121 Bollinger Canyon Rd!, Suite 500, San Ramon, CA 94583 819800-0800: 61189848, $3.504.00,,b6 04-00049, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd , Suite 500, San Ramon, CA 94583 819800-08170: 61189850, $5,300.00,' PA 05-0024, Cosh Bond, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd:, Suite 500, San Ramon, CA 94583 819800-0800: 611$9852, $53.200).00, RA 04-01171, Cash Bond, Windemere BLC Load Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: G1189853, $1.M_0 , RA 04-01178, Cash Bona, Winclemere BLC Land Company, LLC, 6,121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: G11898551 $4.200.00, PA 05-00023, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-x0800: G1189857, $23,000.00,RA04-01175, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd , Suite 5003, San Ramon, CA 94583 819800-0800: G1189859, $3.300.00,6604-00050, Cosh Bond, Windemere BLC Land Company, LLC, 6121 BollingerCanyon Rd'., Suite 500, San Ramon, CA 94583 819800-0800: G1189861, $43.300.00} PA03--00015, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger'Canyon Rd., Suite 500, San'Ramon, CA 94583 Subcdivisian Executed In Duplicate Bond Premium-$28,723.00 IMPRO' '7 IlENT SECUMTV BONIp FOR SUBDWMON,A►GREE NT (Performance,Guarantee and Payment) (Califon la Government Code §4 66499-66499.10) X. RECITAL Or St7BnivIS110N A.GREEMENT: The developer(Principal)has executed a subdivision.agreemIent with the County of atm Costa to install and pay for street, drainage and other improvements in Subdivision 05g, as specified in the subdivision agreement and to complete said work within the time specu ed r completion in the subdivision agreement,all in accordance with State and local laws and rulings thereunder in Order to satisfy conditions for filing of final map or parcel map for said subdivision. 2. ORLWATION: Windemere$1:C Land CoMRar}y,LLC as principal and F r=a- osit -comp anv of l�aarviand , a corporation organized and existing under the laws of the State of Maryland and authorized to transact surety business in California, as surety, hereby jointly and severally bind ourselves,; our heirs, executors, administrators, successors and assigns to the County of Contra'Costa,California to pay as follows: A. Ferfarrnrtnreand ..at"iia L reg Million TwenLy Three Thousand Five Hundred and 40i'I 00 Dollars($ 3 0 21, SOO.00-_-, or for Contra Costa County,or any city assignee:under the above County Subdivision Agreement. B. Payment: One Million Five hundred.Twent Seven Thousand d 00/100 _ .Dollars ($ 1.52'3 000,(!fl ) to secure the claims to which reference is made in Title XV (commencing with Secti ftit 3082)» of Part 4 of Division III of the Civil Code` of the State of California.. 3. Cbtvnt ON. A. The Condition of this obligation as to Section(2.A.)above is such that ifthe above bonded ptinc-ipal, or principal's 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 it or its 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 County of Contra Costa(or city assignee)its officers,agents and employees,as therein stipulated,then this obligation shall became null and void; otherwise it shall be and remain in full force and effect. As part of the obligation secured hereby and in addition to the face amount specified therefore,there shall be included reasonable costs,expenses and fees,including reasonable attorney's fees,incurred by the County of Contra Costa(or city assignee)in successfully enforcing such obligation,all to be taxed as costs and included in any judgernent rendered. B. The condition of this obligation, as to Section (2.$.) above, is such that said principal and trhe undersigned, as corporate.surety, are held firmly bound unto the County of Contra Costa and all contractors,subcontractors,laborers,matttial men and other persons employed in The performance of the aforesaid subdivision agreement and referred to in the aforesaid Civil Code, for materials furnished,labor of any kind,or for amounts due under the Unemployment.Insurance Act with respect to such work or labor and that'said surety will pay the same is an amount not exceeding the amount hereinabove set forth and also,in suit is brought upon this bored,will pay, in addition "-ta the fart amount thereof, reasonable costs, expenses and fees, including reasonable attoey's fees, incurred by the County of Contra Costa(or city assignee)in successfully enforcing such obligation, to be awarded and fixed by the court, all to be taxed as costs and to be included>in the judgement 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 w file claims under Title 15(cor=encing with Section 3082)ofPart 4 of Division 3 ofthe Civil Code,so as to give a right of action to thern or their assigns in any suit brought upon this bond. Should the work under conditions of this bondbe fully performed,then this obligation shall become null and void;otherwise it shall be and remain in full force and effect. C. No alters n aid subdv fenagreemerrt-orany-plan-or-specification o said work geed y the principal and the County of Contra Costa(or city assigner)shall relieve the surety from liability on this bond,and consent is hereby given to make such alteration without fi rthernotice to or consent by the surety;and the surety hereby waives the provisions of California Civil Cede Section 2819 and holds itself bound without regard to and independently of any action against the principal whenever taken. StGr . 4.#t9U AND SEALED on iuly2'005 Fidelity .ond Deposit Company PRINCIPAL. See attached signature block suRtr'TY= of Maryland Address: 6121: Bollinger can�ron Rd ,Ste. 540 Address:'' 801 N. Brand.Blvd. Penthouse Suite City: inn Ramon, CA Zip: '94583 City: GJAudalo, .0 i 91203 By: By: Print Name: Print Warne; Rachelle Rheault Title: Title: Attorney--in-Fact: lDmw:t�s G:G pD.t+si5n «OOMWAM WORMN-12 R . .AM X'+X'i -hY'ui�.....w.,mm?:,:R,ks: 43131 E 3qE4 3M; +:i:i4? lift nE ds�jii a3 °:MS - WINDEMEP.E RLC LAND COMPANY,LLC.,'=a California limited liability company By:LEN-OBS WIN DEMERE LLC.,a Delaware limited liability company,its Managing Member By:LENNAR HOMES Of CALIFORNIA,INC.,a California Corporation,its Managing Member By: David Evans,Vice Presid' By: Cin ompso Assistant Secre' 'y CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT State of California County of Orange On July''18, 2005 before me, Dina Prints, Notary Public, personally appeared David Evens and Cindy Thompson, personally known to me to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in theirauthorized capacity, and that by their signatures on the instrument the person or the entity upon behalf of which the person acted, executed the instrument. Witness my hand and official seal. ... - DINA 1PRINN $ ;. Commission# 1453610 Notory Public -CONOMIG Orange County My Comm.,Expires Nov 28,2007 OPTIONAL Though the data below is not required by law, it may prove valuable to persons;,relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER SIGNER IS REPRESENTING:= David Evans=Vice President Lennar Homes of California Inc. Cindy Thompson -Assistant. Secretary Lennar Homes of California Inc. IrESCRIPTON OF ATTACHED DOCUMENT Type of Document: S�uretv Bond No. 08821659 Number of Pages: Three (3) Date of Document: July 14, 2005 Signers (other than those named above):Rachelie Rheault ' 4AkU1,U1%NIH AUL-1'UKrUSG A0,.MVYYLr-tjL2ffl=N 1 No.5907 State of California County of Grange On July 14 2005 before me, Rosa Estela Rivas,Notary Public , DATE NAME,TITLE OF OFFICERE.G.,"JANE DOE,NOTARY PUBLIC personally appeared Rachelle Rheault , NAME(S)OF SIGNER(S) IeN personally known to me-OR'- © 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. ROSA ESTE LA RNAs COMM.# 1447661 NOTARY PUSI.Ic cAUFORMA WITNESS my hand and official seal. ORANGE COUNTY My comm,expires Oct.28,2007 SIGNATURE OF NOTARY OPTIONAL Though the date below is not required by law, it may prove valuable to persons-'relying'on the document and could'prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE OR TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) LIMITED GENERAL ATTORNEY-IM-FACT ❑ TRUSTEE(S) GUARDIAN/CONSERVATOR NUMBER OF PAGES ❑ OTHER: SIGNER IS REPRESENTING: DATE OF DOCUMENT' NAME OF PERSON(S)OR ENTITY(IES) SIGNER(S)OTHER THAN NAMED ABOVE S-40671GEEF 2M 01993 NATIONAL NOTARY ASSOCIATION•8236 Remmet Ave.,P.O.Box 7184-Canoga Park,CA 913091184 Power of Attorm e FIDELITY ANIS DEPOSIT COMPANY OF MARYLAND KNOW ALL MEN$Y THESE PRESENTS:That the FIDELITY AM II3EPOSIT COMPANY OF MARYLAND,a corporation of the State of1vlaryland,by PAI.l L C.ROGERS,'Vice President,and T.E. SMITIi Assistant ec�7 in pursuance of authority granted by Article VI,Section 2,of the By-Laws of said Company,w set forth can the reverse side)hereof and are hereby;certified to be in full force and.effect on the cyte hereof s W' te,constitute and appoint Rachelle RNEAULT,of IrViOe,CalLfor►ia, its true and la- o make,execute,seal and deliver,for,and on its behalf as surety,and as its act"A o b9s,and the execution of such bonds or undertakings in purse 11s n said Company,as fully and amply,to all intents and purposes,as if xe ged by the regularly elected officers of the Company at its office in B it The said Assistant ° set forth on the reverse side hereof is a true copy of Article VI,, Section 2,of the By- ow in force. IN WITNESS a said Vice-President and Assistant Secretary have hereunto subscribed their names and affixed the'Corpoxat ea of the said FIDELITY AND DEPOSIT COMPANY OF MARYLANb, this 24th day of May, A.D.2004, ATTEST: FIDELITY AND DEPOSIT COMPANY OF MARYLAND rc Awwx By: T.E.Smith Assistant Secretary Paul C:Rdgers Vice President State of Marylandssh City of Baltimore On this 24th day of May, A.D. 2004, before the subscriber; a Notary Public of the State of Maryland, duly commissioned and qualified, carne PAUL C. ROGERS, Vice President, and T. E SMITH, Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, to me personally known to be the individuals and 'officers described in and who executed the preceding instrument,and they each acknowledged the execution of the same, and being by me duly sworn,severally and each for himself deposeth and saith,that they are the said officers of the Company aforesaid, and that the seal affixed to the precedinginstrument is the Corporate Seal of said Company,and that the said Corporate Seal and their signatures as such officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporation. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal the day and year first above written. Vt wrrw.iwnr �rnnvtlw� Dennis R.Hayden Notary Public My Commission Expires:'February 1,2005 POA-F 012-5030 EXTRACT FROM BY-LAWS OF FIDELITY AND DEPOSIT COMPANY OF MARYLAND "Article VI,Section 2.The Chairman of the Board,or the President,or any,Executive Vice-President, or any of the Senior Vice-Presidents or Vice-Presidents specially authorized so to do by the Board of Directors or by the Executive Committee, shall have power,by and with the concurrence of the Secretary or any one of the Assistant Secretaries, to appoint'Resident Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact as the business of the Company may require, or to authorize any person or persons to execute on behalf of the Company any bonds,undertaking, recognizaaces, stipulations, policies, contracts, agreements, deeds, and releases and assignments of judgements,decrees, mortgages and instruments in the nature of wort ages,...and to affix the seal of the Company thereto." CERTIFICATE I,the undersigned,Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND,do hereby certify that the foregoing Power of Attorney is still in full force and effect on rthe date of this-certificate;'and'I do further certify that the Vice-President who executed the said Power of Attorney was one of the additional Vice-Presidents specially authorized by;the Board of Directors to appoint any Attorney-in-Fact as provided lin Article VI, Section 2, of the By-Laws of the FIDELITY AND DEPOSIT COMPANY'OF MARYLAND. This Power of Attorney and Certificate may be signed by facsimile under and by authority of the following resolution of the Board of Directors of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on the 10th day of May, 1990. RESOLVED: "That the facsimile or mechanically reproduced seal of the company and facsimile or mechanically reproduced signature of any Vice-President, Secretary,-or Assistant Secretary of the Company, whether trade heretofore or hereafter, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be valid and binding upon the Company with the same force and effect as though manually affixed." IN TESTIMONY WHEREOF,I have hereunto subscribed my name and affixed the corporate seal of the said Company, this 14th day of July , 2005 Assistant Secretary a:e'.: .;a•• ?xx' xii'. ::e' %££i •••y @;n:;u3!:3.•••3 .::a:ap 3:t:z^3ryy:u..a:x:gxr•••.n >?InA'°n:'3 '+:g`IW.leu::::x3341;s:`:::; ,Wtl3N3ri�yy:33¢r. =SAR 3qq:,: 91N1t HIIM-:r NAIL' :N�...:;ryll �1H¢.:.'3y 3 Nlg. l3xtr. .�n. n. .. nN N' .. 33m,�....:. ZURICH TMS IMPORTANT DISCLOSURE' NQ11 S PART QE YOUR,20ND Fidelity and Deposit Company of Maryland, Colonial American Casualty and Surety Company,Zurich American Insurance Company,and American Guarantee and Liabilityinsurance Company are making the following inforrna.tioual disclosures in compliance with The Terrorism Risk Insurance Act of 2002. No action is regylred on your part. Disclosure o ism PreMIMM The promium charge for risk of loss resulting from acts of terrorism(as defined in the,Act)under this:,bond is $_,waived._..._• This amount is reflected in the total premium for this bond'. Hisclosure of Ava ablltty of Go'verage LerTgrrorlsM L-os&es As required by the Terrorism Risk insurance Act of 2002,we have trade available to you coverage for losses resulting from acts of tmorisrn(as defined in the Act)with terms,amounts,and limitations that do not differ materially as those for losses arising from events other than acts of terrorism. Disclosure oi:Federal Share of i su ante Co s 's Te o ism Losses The Terrorism Risk Insurance Act of 20012 establishes a mechanism by which the United States goverrunent'will share in insurance company losses resulting ftorn acts of terrorism:(as defined in the Act)after a insurance company has paid losses in excess of an annual aggregate deductible. For 2002,the insurance company deductible is 1%of direct earned premium in the prior year; for 2003, 7%of direct earned premium in the prior year;for 2004, 10l%of direct earned >> premium in the prior year; and for 2005, 15%of direct earned premium in the prior year. The federal share of an insurance company's losses above its deductible is 90%. In the event the United States government participates in losses,the United States'government may direct insurance,companies to collect a terrorism surcharge from policyholders. The Act does not currently provide for insurance industry or United States government participation in terrorism lasses that exceed$100 billion in any one calendar-year. Roflnition of.Act of Terrorism The Terrorism Risk Insurance Act defines "act of tworism"as any act that is certified by the Secretary of the Treasury, in concurrence with the Secretary of State and the Attorney General of the United States' I. to be an act of terrorism; 2. to be a violent act or an act that is dangerous to human life,property or infrastructure; 3. to have resulted in damage within the United States,or,outside of the United States in the case of an air carrier (as defined in section 40102 of title 49,United 17 States Code)or a United States flag,vessel (or a vessel based principally in the United States,on which United States income talc is paid and whose insurance coverage is subject to regulation in the United States),or the premises of a United Sues mission;and 4. to have been committed by an individual or iindividuals acting on behalf of any''foreign person or foreign interest as part of an effort to coerce ft civilian population of the United States or to influence luence the policy or affect the conduct of the United States{government by coercion. Hut,no act shall be certified by the Secretary as an act of terrorism if the act is committed as putt of the course of a war declared by Cross(except for workers' compensation)or property and casualty insurance losses resulting from the not, in the aggregate,do not exceed$5,000,000. Thee disclosures are Informational only and do not modify your Road or affect your rights under the bond. Copyright Ziirlch'A merioan Insurance Company 2003 SUBDiV IS16N AGRESWNT' (Gov.Cade,§6 6M and 66463) Subdivisim: S(46 CIS w 081425 - Vit"A641C f{{ E1fiaHve Data: Subdivider. ,i�t�tt�1�� �._�•A�� CoMApti<fi•#+j , t�,� Completion Period: '� � , TF SSE SIGMTMES ATTEST TQ ME PANTIES AGfMEMEN'f F ERETt7 WINDEMERE BBC LAMS- rr MPAIY,LLC A Californi'a4imited liability company tTRJTR+E` A CCiUi 5Y StIBW1nt7El eBy:LAN-t3Es GYindtmtrt, , Maurice U Sims,Public Wodrs Director a i mitod liability company I. ging omber gy 1B n o o +veli rn a Inc., �CQt�rlEt~�tED FC3Ft Aq�PRCYVAf�' �' � (Si _ ff gxint time ti su ettaktr,; f3C ty. By, k___ ng v (print natnc$t tit D ,' iceice to �t7E2#AAPPCIED: Slhrerwl3.tAarrlt�i,Carr�Casi �' �1if13iuir�sm�tbe,i�c�asrv�iedpertlf3UbdCVtde6�frlcni�tl�rai�lf�coitUsc� fr�slSriesib�ti��'IIrs,Arstat9r�terardrra�be#hatQi�lhe�nolil� board,president;orvi�p�§rasacendalgaedaarauatl�e6tatcstlMeae�e�ry, as�aM#e ,sem o�Cer,+� freasurer.(C.t C"aie.§1196and Corps.Cf>cfe�3} CERTIFICATE L1p ACKN011�i EIi MENT State of Cagtomle } $a. Count'of } an thadate widen belOw,f afore ma It Wined Hotary Pubk p * the above for p rr* known bad(orproved6meonthe basis ofs elotyavidenco)tobethoperson(e)whoseneme(s)Weresubsa9bedtothewrihlnlrrsbianeirtandackroNtedgedtoiaethathelsMAhey ex meed theasm 3n htslhertthe authorized capacity(os),soft by hMwffi**aaturs e}on the Instrument the persons)or the entity epos bale#of Which tie parson{s}ached, amacuted tho kWament.' WITNESS my hand and ofadai seal Dated: (Notary Sea6r 1. PAMIES&DATE,E6eciveonthe above date,theCountyofCaftGosta,Calffomta.(herofnaftter"County")andMeabove4neMtonedSubMdarrnutuatlyproraisearrdagree as foaowa 9se Sufsdlviatot>: 2. RDYEMENTS.SufxGvider agrees b trstak,certain road Impratrerrrenb{both putfsc and pct+rata),drainage Improvetitents,signs,siraetfghb,fh'a toants,tbWscr ping and s�ltottr�rovear ( frt�t appurtanarrtequfPmer�aareq�ed ks�elraprovama€dps�rifds�bnr�fawritttrx�fgrswlkr tkatrsC��GQtnrtyrbi[a Depedmen thereto (1SaratrsaaffeF'�irc6rfan'C8£atie`y. Sutaifvklarshaftmnpkdosatdknpmernenis(MmIkiattar'yftWquilhimMeabovsaamtMmpedod•lromdatat asregal bytheCat�Sr�divistgnMApAct(Gov. Coda,§ 6 tatseq ag wtrkrnarrl rmannerkr'actardarx;ewifharmedconstrur rm $ndbramanneraesr8 orsuperkitkrtherequiiineotaO°dfe+ twice Codd and mfts node thereunder,and where there la a ca to wtil tto(raprovetnanEpiatfs.the t` One of Appravab and 4rtr Corte,bite skkder retitrfrencenla sl+ govern 3 ! ¢ 8 tJptxr axuf3rrg tFds Agreeo the Sutraidar shelf ptasuanttdr Coda y t3t3esf aad 6te County Coda,provkie as$acudty to the C=4 ♦ y y y� �{ * 2w�y�/ #��yf,�(�y y �� A. f*�irP AWit199:-tl ' Ousadditianalmot*i in the amount oft� F Tom"?�1"1rNMt to �n��i[Ui3Y perment(100%)of the estirmled cost of the Wolk.$uah st"ti nel Am*b presented In fhefom►of Cash.cartified check or cashWa check. Acceptable owporate surety bond: Accepts*Irrevocable lett of cry Wtihthbsecs*,Sub"erguamnkmperforman oder h�bAgmmentandma6rtmfmoftheWorkforofoyearat*b=* mood pWoegainstanyde ws wor amehip or aztedab orany uneetWadory perfomfance. 8; For Pa merit Soca*to the a mint$_,;r 5 �—!wt h isw percent(50%l of ow estimated ooatof d*Work;such wem tyfs pmmted in the form of: Cash,olmlified check,or cashiar a check Y __.�Aompta le,corporate surety gond. Foran Approved by Cowy Counsel Acceptable irrevocable letter of credit (Rev.9,031 Page i of 2 f : With this swift,Subdivider gma ntess paymSt to the axtaador,to Its erbWnbarlax and to persons,renting equipment or furnishing tabor or materials to them or m the Subdivider. Upon acceptence of the,work as ate by the Board of&*w* s and upon request of Sub&kler,the smourdaheld as seautty maybe reduced in acardarcls with Sections.94-41A06and 944.408of-theOrdinanceGods 4. GUARANTEE AND WARRWY t3F Wr .Subdividerguanenthos that the Work shall be free from defects In materlaf erwodunansftip and shah partum seo*dody for a period of one(1)year from and after,the Board of Supirvisovesceepts the worts as complete In acoocdance wkh Article W4.6,"Acceptance,'of the Ordinlance Cade.SubdWer agrees to correct,repair o replace,et SubddvWer`s e> Sr�say datems Is aeidWark The guarantee pelt does not appy to mads.pro mmente for p Ude roads that are not to be accepted Into th@ Con oty road system. 5. PLANT ESTABUSHM,E9WORK,SuluB4*egre.es.Upsrkmt to$WMmtworkfortandscaping Installed pridetifts AgreamerrL&aidpiantestabushinl atworkshall cxrnsbt Of Squdh+WMft 1 .MOM"tanstdtabd9rp&nla,doing weed,rodent MW other pest control and ollwwork determined byte Public Waft Oepartment to be n to en sureestabmhment of pdanla. Bald ptantestablishmeattwofk shalibd perlopned for a period of one(1)year from and afterthe Board of aocq*the Work as complete. 6. M OVEKENTPtMWARRAM.StMV11dat'Warratirlsthelmprrn rardidansfor ftWork are uWP6 toaccomplish&eWodraspromisedInSadion2andasmqulad tryUtaCondNmofApprovaltorthe$ubdMsbrr9,atany'llmabAv 169 Board of Supervisors accepts the Workas complete or during,the one yearguarantee pedod,said bVrovement plans praore is be In any reapeat,St dFrkter slab trInCce tivlrateverch a are necesserytr accomplish#*Work as promised. 7. NO ANE-B COUNTY. Inspection of the Work andfor materials,or approval of the Work arndfor materials orstalemeat by any officer,agent or employee of the County kdofffing the Weakoranypwtthereof ccanpliesw1hthe requirements ofUrtaAgr oracceptance of the whole or any part of aaJdWa*andw malark's,or payments therefor,or any carrdrindon or dot Dress ecla.,etre!not relthve the Subdivideir of fIsobiigallon b fuN thkc Agreamentas prescribed;norshall the County be theraby stoppad irom btptgkng enyacdon for damages Ad ft from the talluratrrccmply M anyof the terms and candldots hereof 8. t1t DEMNt Subdvider shall defend.hold harmless and indemnlfy the krdesnvdtess from the iataiilles as defined in this se*w. A. Thon�demUlnes beneflld and protected by this promise are the County and be spaded dWkts,elective and appointive boards,convnissbns,afficem agents and employees. B. The lWaft protelded against are anyiabbity or daim,for damage of any kind allegedly suffered.buffed orttveaWM because of actions defined below,and . kftft d igtnry,death property damage,IMse oorrdarnnatinrr,cranny cortrlsInatlort of VMS,and regardlewof whether or rmtarr h llabllltydah ordamage was wftasseabie at any dyne before Cou*revtawedeakf Improvement pians or accepted the Work as complIft,and Including the defense of any suift acfbn(s);cr other procesdk g(s)concerning said labWes and'cialms. C. The actions causingg M v.are any act or omission(negligent or ran-olegdgenff in connection wit dire matters covered by this Agreement and attributable 16 Sub"w,contractor,subconb beir,or affyofficer.ageK or employee of one or mom of them D. Non-Condligons.The pmff"imdagreementinthissection amnotoontlklonedordsperrdantonwhsiheroactarnrindemniisehasprepared,suppfied,orapproved anypiair(s)aspacdur(s)Irsnacdanvr3dtlfdsWrutrcttS ortiaslrssrnarncsaIrdernndllcadononvarrycsttrms,srlhatfheaAegeddamagesasuitedparily from any negligent orwllhdrnbcordrrd of any Idermnlse. 9. COSTS.Subdtvidershal pay,when due,al the cosbofthe Work kWkrg taut notimlled'tothe coo ofrakocailaos of axtsdng uNfies required thereby;Inspections,material Oecks and Wts;,and othercostsincynied by County staff"Ing from ormlabsMolhe.Work,and plorto acceptanceaftheft(k as rieleoreqArafiondenyappicable.watrelaypedods, *Wever Islater, 10. SURVEYS.Strbdtvlder shalt set and establish survey monuments in accordance with the Sed map and to the sadsballon of die County Road CommissionarSunreydor b*m acceptance of the Work as complels,by the Board of S Pndsors, 1t. Nt7�E)R31i4Af+ E ND.t WSTS.ffSubdi orfadstammpiebt&Warkwdturttw.tkrre ; in#kAgreern&itx mite ueritodmbm orfaistomatd*tfre Wok,Cm*rosyproceedia arWi)tmiWbtntheWofkbywr4mciorothomM Mes bpayalcosts and chargesiroxedby CounityjIncluding,-butno(knited to,engineering,Inspection,surveys,contract.overhead,etc.)Immediately upon demand. OrrwacOionls'taken byCounty t000mplateamakdahthe Work SubdWileragrees topay aa#cosbIncurred-by Count y�ewenBSwbtllvldsroubsequenlyarmptetes haWort Should Cots ale b oornpel psrknmtetnos wtd�this Agreemsrdois rer3cacara>sts tnsxared it oornp�ng c�rn�airtslni�g iha Wok,Srrbdivtder agrees lr gay ad atianeiy's foss, stag=tB end al otter ergnanm of fiigaOon iteurred by County In owwo:ft thare*M,aver a Subdddersubssgt"y proceeds b owoeb the Wort 12, iNC P)FAt'IC+WANfiEXAAMN. Il�ban OnBoard ofSupervWrusaccepts theWork ascomplete,toSubdivision IsinckrdeditmdtoryIncorporated asadtyorisannexed to an existing city,exceptas In this paragraph,•Cou nty's fights underdris Agreement anddor any depos,bond,ortst4mofsakidghts shall betransfened to the new oran nedng*.Such*aiwl have 8d the rights of a 11"party beneficiary againstSubdIvider who shadl'fWS d tkre(arms+N Agt msnt tltorrglr Subdivider had co tracaedwith the dy originaly.The proatsbns of pa"mo a(Indemnity)shall co ntlaule to apply In favor of the indemnkeas doted in paragraph 8A upon any such Incorporation or annaxd on, 13. RECORD MAP. In considaredon hereot,Courtly Ad Wbw Subdivider b Se and record the anal map or parcel map for saW&WIvIsion 14. RIGttT ENTRY.Subdlvlferhereby console toerdryonlallheUdiviskmpropally,andonto any otherpro eryoverwW ok hastandrightsanduponWhichany portion of the Work Is to be tnstaled pursuant to Me improvement plans.by County and be forces,including contractors,for the purpose of Inspectlon,and.it the event of non•peftmenr e of this Agreement by Sumer;corapWort w4brraainterrerme of the Wort Form�m Approved by County Counsel lRev.901 H:WInaW t:W-SubAgmI9.03.wpd Page 2 of 2 :e: n: - ..0 •r:.: ..:.:. ..#i....i..:.,i r#.i .a.#. �f,�?#„r��}. 0 i�:....lp „jlry�..a 3lir+ N386#..3lilil. N I E 3 irt.•••=3, y,: ryp,.. M 3i^ni!'^.•:'3jiF `#E 33>". DEIPB 3 EF' 1341#::1 y^'.}Px#'::.. llfi,f'y3:$y# CALIFORNIA .ALL-PURPOSE ACKNOWLEDGMENT' State of California County of Contra Costa €7n JLuly 11,2005 before me,Karen L. Keenan.Notary Public,personally appeared Don Larson&Paul J Menaker,personally known to me to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the persons, or the entity uponbehalf of which the persons acted,executed the instrument WITNESS my hand and official seal. db N KAREN L WNAN'' Curtxon 4i 13717 kotow.p%Aft - � SIpature&fNg&y Public caft Costa tww mvg= t�c#7. ,f € 7128105 FATCO$42 8925 Tax Collector's Office William J.Pollacek 625 Court Street Contra County Treasurer-Tax Collector Finance Building',Roam 104 P.O.Box 631 ��`` Russell V.Watts Martinez,California 94553- Costa Chief Deputy Treasurer-Tax Collector 0063 (925)646-4122 County Joslyn Mitchell (925)646-4135 FAX 7 Tax operations Supervisor r Date: 7128/2005 IF THIS TRACT IS NOT FILED PRIOR TO THE DATE TAXES ARE OPEN FOR COLLECTION (R&T CODE 2608);,THIS"LETTER IS VOID. This will certify that`I have examined the map of the proposed subdivision entitled: Tract 1 MS# City T.R.A. 8925 SAN RAMON 66383 Parcel#: 223-400-096-0 223-090-008-2 and have determined from the official tax records that there are no unpaid County taxes heretofore levied on the property included in the map. The 2004-2005 taxlien has been paid in full. Our estimate of the 2005-2006 tax lien, which> became a lien on the first day of January, 2005 is $4,203;60 1.00 This tract is subject to a 1915 Act Bond. If subject to a 1915 Act Bond, the original principal to calculate a segregation is Brad Mills of Muni Financial at 800-755-6864 The amount calculated is void 45 days from the date of this letter, unless this letter is accompanied with security approved by the Contra Costa County Tax Collector Subdivision'bond must be presented to the County Tax Collector for review and approval of adequacy of security prior to filing with the Clerk of the Board of Supervisors. This subdivison will be secured by the bond for 8923 and 8510 WILLIAM J. POLLACEK, Treasurer-Tax Collector , By .- -a- ccrreet copy of the original. EXECUTED IN DUPLICATE FIRST AMISICAN TITLE GUARANTY CO. PRINCIPAL TITLE COMPANY � SURETY Windemerr BL.0 Pirst American Title Co. krch Insurance Company 6221 Ballinger Canyon Rd 9500 1355 Willow Way,#101 115 N, Loa 'Robb s Ave. #825 San Ratnou,Ca 94583 Concord,Cs 94520 pAendena, rA 91101 Attn: Brian Olin Attu.:Barbara Pinto A.rr„• ..r�pC1zlzp mytn!ana Phone- R25-242-0811 Phone: 925-356.7007 zr,-63Q—� s6 FATCOP 1833613 Tax year 200512006 BOND AGAINST TAXES Bond No. SU5015816 Premium $42,036.00 KNOW ALL'MEN"BY THESE PRESENTS: THAT,, Windemere BLC Land Company LLC, a;Californiu limited liability company as principal and(Surety)_ Arch Insurance Company a corporation organizedand existing'under the laws of the State of Missouri , and authorized to transact surety business in California as surety are held and firmly bound unto the`County of Contra Costa. State of'Cadfotnia, in the penal sum of Four Milliutitwo hundred three thousand six hundred Dollars (54,203.600.00), to be paid'to said County of Contra Costa., for the payment of which will and truly be made, we and each of us bind ourselves, our heirs; executors, administrators and successors,jointly and severally, firmly by these presents. Sealed with our Seals and dated this 20th day of July 2005. The conditions of the above obligation is such that WHEREAS, the above bounded principal is about To Me a map entitled Tract 8510 tnd 8923 and covering a subdivision'of a tact of land in said County of Contra Costa and there are certain'liens for taxes and special assessments collected as taxes, against the said tract of land covered by said map, which taxes and special assessments collected as taxes, are not as yet due or payable. NOW, THEREFORE, if the said Principal, shall pay all of the taxes and special assessments collected as taxes which are a lien against said'tract of land covered by said map, at the time of the filing of said map of said tract,then this obligation shall be void and of no effect, otherwise it shall remain in fall force and effect: Arch Insurance Company (F'rinetple) rely) W snoamerc BLC Land Company LLC, a California limited ijabiliry company Surery By: LEN--OSB WINDEMERE, ,LLC, Rachelle Rheault, Attorney-In-Fact a Delaware limited liability company, its Managing Member By: LENNAR MHOME OF CALIFORNIA, INC. , a Califooration, its Managing Member DATE: BOND RAF 3PPR By;, VES Greg; , Vice president. T r T�tT y By BY'' Cindy Thomps n, Assistan Sec etary NOTARY ACKNOWLEDGMENT STATE OF CALIFORNIA }ss COUNTY On tZubefore me, .. Y' a Notary Pupl'ic in and for id State, personally;appeared rte' Pow -'Vn'4 C1 A personally Known to me ( be the perso s) hese nam ,' aye ubscned to the within instrument and acknowledged to me that the executed the same in they authored capaci le , and'that by h' Aheir tgnatur on the instrument the person or the entity upon behalf of which the p ,sonss actedexecuted the instrument: WITNESS my hand and official seal Signature T�U_ +ir. •.: bEE WER Catnmi *1478169 ry Pubic •CaWOmio 0 orve county Com►tc. Apf 19, CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT Nca 5907 State of California County of Orange On July 20 2005 before me, Rosa Estela Rivas,Notax)>Public. DATE NAME.,TITLE OF OFFICER-E.G.,"SANE DOE,NOTARY PUBLIC"' personally appeared Rachelle Rheault NAME(S)OF SIGNER(S)', personally known to me •OR',- ❑ provedto me on the basis of satisfactory evidence to be the persons) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/shelthey executed the same' in his/her/their authorized capacity(es), 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, RC-St, ESTELn RIVAS Nr K4 Nk m 1447661 � NC c {PLiR IG CALIFORNIA� orf CUhTY WITNESS nay hand and official seal. #,�y et ,.. ex ares Oct.28,2007 SIGNATURE OF NOTARY OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent'fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER TITLE OR TYPE OF DOCUMENT TL%LE(S) ❑ PARTNER(S) LIMITED GENERAL ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR NUMBER OF PAGES ❑ OTHER: SIGNER IS REPRESENTING: DATE OF DOCUMENT NAME OF PERSON(S)OR ENT7Y(IES) SIGNER(S)OTHER THAN NAMED ABOVE S-4067/GEEF 2198 0 1993 NATIONAL NOTARY ASSOCIATION+e236 Remmet Ave.,PC,Box 71F,4•Canoga Parr,,CA Ei 30$-7164 POWER OF ATTORNEY Know All hien By These Presents; That the Arch insurance Company, a corporation organized and existing under the taws of the State of Missouri, having its principal office in Kansas City,Missouri(hereinafter referred to as the"Company")noes hereby appoint Rhonda C. Abel, Jeri Apodaca, Jane Kepner, Nanette Myers, Mike Parizino,James A. Schaller, Rachelle Rheault,Ashley Ward, Grace Rezaand Rosa E. Rivas of Irvine,CA(EACH) its true and lawful Attorneys)-in-Fact, to make, execute, seat and beliver from the date of issuance of this power for and on its behalf as surety,and as its act and deed:" Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make, execute„ seal and deliver bonds or undertakings that guarantee the payment or collection of any promissory,.note,check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. The Company may revoke this appointment at any time. The`'execution of such bonds and undertakings in pursuance of these'y�resents shall be as binding upon the said Company as fully and amply to all intents and purposes, as;if the sami "had been`duly executed and acknowledged by its regularly elected officers at its principal office in Kansas City,;Missouri. This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Beard of Directors of the Company on March 3, 2003,true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED, That the Chairman of the Board, the.President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the 'power and authority to appoint agents and attorneys-in-fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto,>bonds and undertakings, recognizances, contracts'of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on March 3,2003: VOTED, That the signature of the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Vice President, the seat of the Company, and certifications by the Vice President, may be affixed by facsimile on any power of attorney or bond executed pursuant.to the resolution adopted by the Board of Directors on March 3, 2003, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. 00MLOO13 00 OS 03 Page 1 of 2 Printed in U.S.A. a 1 r 1�1 ` Arch : aroe Groin RN N IN"6M Adt lF 2002 T`tie Tam m Risk In Art bf�,gOP. e*abl"rstass S. 1�e, In m by' i h the fei n t g rr�r e t mill'st are :With t(� i siliar inf usiry, in losses ,ansin of of"`9*, pf tr'�rrkrtsgl�E � �d as soh:by qhs �eretary 4f the Tre awry., ` erlrifirad s0.lerrorisu'r-are 6efinedas ev n at cause rrrpra`tt€an'$5 rtlfcxn in losses and; `1. Are Violent ar1a6p rouS,to"hurfiarr 1114, e o tYe irlfrtas raciutt; 2. Re r1t .in darhage' within thi� United S Ates; an a Uhhed States rriissi6n, or to"a urti't6d states aircraft or vrrs1; 3. Are c mfrrift irdfv drlels., actin din' 174ha of f tln persons r interests, as pe t t f an a fart to t:C3e#ct' tie CiVjuap Oop4letlo rf'the United SISI ,ter to irtfluercc the oticl :s ar aorxiuct of the'United'States avererrclOni. €fie Aot Mes that.t peer ge ftrr, "�tfiod acts of ter�rodsrn" must be areae av�iletile tri ±�orrarrrer�ial prapegy arra rrasulty palies of rleirra'rce, antY rt rbquires insuMt#o disalase arty'aPlrable premurtr cltaretes and the 'fedetal•sharp$Yif wmperisa'tion. We are'rriak n-these disdosures in sirfbt atiMg�l.tahce.vrith tete dict. 0190tzlsure OfA0114,431ty of Caverage-forTer rotwrsrn.Lrisaes Caverpoeif: r lasses re.su#ting, r�rn "crtified'.acts of'terr6rism" i5 being made available i© you.on terms, amounts, and lim nations g$neraii appili*bia to losses resenting from perils other than acts of terrorism. D satogsure of Fedetai 5-hare Of CoMpensation fo.r`TerrojismLoas.es The federal government Will pay a 9D% share of An insurer`s termr'rsm lasses bridt the insurer has sabs iad a` eignifrcarit bggmgate annual dedu;Ebble. For terrorism Ici ses ctr rin in t gnat 'deci�ttitile is 1% of the ins rrers ttOt a.rect earned prerrrlutn. Farr losses.accurring in 2{�0, 2{�E3�i and' ��65,' the annual insurer ,deO1t4jbllF.s..are 7'6/6, 1 D% and 15°A of the,prlor years direct earner~€,prerhigm, r sped-nve,y. t1he Actprovides that neither irrsurers,nor the federal;government are r.:esporrsible•far losses a=sociated:with "`aertlfiied acts of tern rtsrn""' trace aggregate annual insured lasses exceed $10o bftho . Disc4ozure-of Terrorisra Insurance Pr&rniurrt Your Bondpremium charge for°cedif"ied acts of terrorism'";.coverage is S"0. °SFS M S1 (E d. IIft) :PAge 1 of 1 Printed in U.SA.