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RESOLUTIONS - 01012005 - 2005-637
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY,CALIFORNIA Adopted this Resolution on October 4, 2005,by the following vote: AYES:SUPERVISORS GIOIA, PIEPHO, DeSAULNIER AND UILKEMA NOES: NONE ABSENT; SUPERVISOR GLOVER ABSTAIN: 1 NONE RESMUTIO N NI 2II4�5I , SUBJECT: Approving the Final Map and Subdivision Agreement for Subdivision 05-08926, being developed by Windemere BLC Land Company,LLC,San Ramon(Dougherty Valley) area. (District HI) The following documents were presented for Board approval this date; I. Map The final map of Subdivision 05-08926, property' located in the San Ramon (Dougherty Valley)area,Supervisorial District III,said map having been certified by the proper officials. II. 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 follows: Originator:Public Works(ES) I hereby certify that this is a true and correct copy of an action Contact: Teri Rie(313-2363) EH:rm taken and entered on the minutes of the Board of Supervisors G:1GrpData\EngSvc\BO\2005110-041St?05-09926:BO-21.doc On the date shown. Public Works-T.Bell,Construction Current Planning,Conratunity Development T-Augsut 4,2007 Windemere BLC land Bollinger LLC Y 6321 Bollinger Canyon Road,Ste 500 ATTESTED; .� San Ramon,ca 94583 AtJOHN SWEETEN Attn:Brian Qin ,Clerk of the Board of Supervisors and Fidelity and Deposit Company of Maryland County Administrator 801'N.Bran Blvd.,Penthouse Suite Glendale,CA 91203 Attn:Racbelle Rheault Arch Insurance Company y � ,Deputy 135 N..Los Robles Ave..:#825 Pasadena,CA 91103 Atte,George;Munana RESOLUTION NO.2005/ 1� SUBJECT: Approving the Final Map and Subdivision Agreement for Subdivision 05-08926, being developed by Windemere BLC Land Company;LLC, San Ramon' (Dougherty Valley)area. (District RD DATE: October 4, 2005 PAGE: 2 A Cash Band Performance amount: $27,900.00 Auditor's Deposit Permit No.451038 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: 08821657 Date: July 14, 2005 Performance Amount: $2,758,100.00 Labor&Materials Amount: $1,393,000.00 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 2005-2046 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: $4,203,600.00 Principal: Windemere BLC Land Company, LLC NOW, THEREFORE,`THE FOLLOWING IS RESOLVED: 1.' That said subdivision, together with the provisions for ,its design ;;and improvement,is.DETERMINED to be consistent with the County's general and specific plans. 2.'' That said final map is APPROVED and this Board does not accept or reject on behalf of the public any of the streets, paths, or'easements shown thereon as dedicated to public use. 3. That said subdivision agreement is also APPROVED. All deposit permits are on file'with the Public Warks Department. 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'' S t wxs}s Z £ rz ° s - a -s rs.' 3 0. c �` x 4 w f L3� s t kTs ri t�"�" 'ad x.ts,�,� 'ry�-r a ,' f: 'a �' f s- a i ti-S' S sr r y v 11 ;lx e y' h 1 i 3 ..rr s ( t£ } 4 l �il -� t} rg ate � -* m I."'�R,--.11, �`�-'��41�"��l �:4�",:,��"r ,, ����� , �-,!L'-7:," ,--l- ,—,1 ., I .�l - -",:�� I , I,- ,-,, I '.1 4", :.1, .;:Z�, � -� :1. :-,-- .: ,��" �;� #'.� .�" _1'"�tYR1sIf761IIf'.1 z z 'srt�� -lu „l�[ L. m 1Br+ FNIt�'PYkS BSGFf�df1 1t31a�!^Ib.� N' 1'4E13LAbf1$ CAIJSfi'4fC�lk'N:®t7RI6NM;k:fSC ltY'i..�lRt s d p�fki t JlY"B,4.t Y'19a ' dep®sitNo fhe Gcrs�ry Tteaba�r mknonndett 3 ': a. r. f EXY. a �'� % O*Ir ooto u t "CFepnf �Ti+ trsf � �bR�X/{J _" ay It, ' 5 M1� t 0649-9665 112300-- 61189862 $90,000.00 PA 03-00015, Landscape Inspection Fee, Windemere..BLC Land Company, LLC, 6121 Bollinger Cdnyon Rd., Suite 500,San Ramon, CA 94583 819800-0800: 61189815, $102AW.00, RA 04-01175, Cash Bond, Windemere BLC Land Company', LLC, 6,121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 8219800-0801?: 61189822, $30,500'00, Sub 05-08925, Cash , Bond, Winclemere RLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, Son Ramon, CA 94583 819800-0800: 61189828, $20,700.00, Sub 05-08924, Cash Bond, Windemere BLC Land Company, LLC, 6,121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800. 61189833, $27,900.00, Sub 05-08926, Cash Bond, Winclemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA94583 819800-0800, 61189838. $,2,,300.00, Sub 05-08926, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800. 61189840, $1.7003Sub 05-08925, Cash.Bond, Windemere BLC Land Company,LLC, 6121 Bollinger Canyon Rd,Suite 500, Son Ramon, CA 94583 819800-0800* 61189842, $1,800.00, Sub 05-08924, Cash Bond, Winclemere BLC Land Com any, LLC, 612.1 Bollinger Canyon Rd Suite 500, San Ramon, CA 94583 819800-0800. G1189844, $5,800.00, DG 04-00048, Cash Bond, Windemere BLC Land Company, LLC, 6121 Bollinger iCanyon Rd.,f Suite 500, San,Ramon, CA 94583 ......................-......... ............ Sub 8331, CONS 80 4682-9752 / 18920(3: 61189425, $309,493.55, 86,87,88,1G�5,106, 107, Danville Tassajara Ptrs, LLC, 6121 Bollinger Canyon Rd, Suite 500, San Ramon, CA 94583 0682-9752 1 139200: G1189426, $6.5,00.00, Sub8331, Ct7A #118A Construction of bus stop shelter Danville Tassajara Ptrs, LLC, 6321 Bollinger Canyon Rd, Suite 500, San Ramon, CA 94583 0649-9665 / 112300: G1189817, $150:'Z .00, RA 04-01175, Road Acceptance Inspection, Windemere BLC Land Company, LLC, 6121 Ballinger Canyon Rd. Suite 500, San Ramon, CA 94583 0649-9665 ! 112300: 61189825, $1OA,.,O O.C10, Sub 05-08925, Subdivision Improvement Inspection Fee, Windemere SLC Land Company, LLC; 6121 Bollinger Canyon Rd., Suite 500, Sten Ramon, CA 94583 0649-9 ,65 / 112300: G1189831, $96.700,00, Sub 05-08924, Major Subdivision Improvement Inspection,' Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon,CA 94583 X7649'-3665 / 312300: 611898:36, $100i1OOO.f , Sub 05-08926, Major Subdivision Improvement Inspection, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-9665 / 112300: G1189839, $U,600.00, Sub 08926,' Landscape Improvement Inspection, , Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 504, San Ramon, CA 94583' 0649-9665 / 112300: 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, $11,7013.00, Sub 05-8924, Landscape' Improvement Inspection Fee, Windemere BLC Land Company, LLC, 6121' Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-96651 112300; 61189845, $99.400.00 06 04-00048 Drainage' Inspection ''Fee, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-9665' 111230€1. G1189847, $10.300.00, 1>6 04-00049, Drainage Inspection 'Fee, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon! Rd., Suite 500, San Ramon, CA 94583 0649-9665 1 112300: 61189849, $19.30.00, DG 04-04049, Landscape Inspection'Fee, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-9665 f 112300: G1189851, $27,500.00 PA 05-0024, Landscape Inspection Fee, Windemere BLC Land Company, LLC, 6121 Ballinger Canyon Rd., Suite 500, San Raman, CA 94583 01649''-96651 112300:''61189854, $5.900.00, RA 04-01178, Road Acceptance Inspection, Windemere BLC Land Company, LLC,,6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 0649-9665 1112300: 61189856, $22,30€1.00, PA 05-00023,' Landscape Inspection Fee, Windemere BLC Land Company, LLC, 6121 Ballinger Canyon Rd., Suite 500, San Ramon, CA 94583 01649''-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 l 112300; 61189860, $18,9500.00, DCS' 04-00050, Drainage Inspection Fee, Windemere BLC Land Company, LLC, 6121 'Bollinger Canyon Rd., Suite 500, Son Ramon, CA 94583 819800-0800: 61189846, $1 i5f0.00, bC 04-00049, Cash Bond„ Windemere BLC Land Company, LLC, 6121 BIlinger Canyon Rd., Suite 500, San Raman, CA 94583 819800-0800: 61189848,;$1&00-00, bG 04-00049, Cash Band, Windemere BLC Land'Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800.- 611898513,' $ C .{ `7, I t1 05-0024, Cash Bond Windemere BLC Land Company, LLC, 6121 B611inger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: 61189852, $- 5- 3 206 66, RA 04- 11' 1, Cash Bond Windemere BLC Land Company, LLC,6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: 61189853, $1,P00.00, RA 44-01178, Cash 'Bond, Windemere BLC Land Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: 61189855, $4.ZOOM,,PA 175-00023, Cash 'Bond, Windtranere BLC sand Company, LLC, 6121 Ballinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: 611898571 $23.000. 0,RA04-01175, Cash gond, Windemere BLC Land Company, LLC, 6121 Rollinger Canyon Rd., Suite 500, ,Sari Ramon, CA 94583 819800-0800:, 611898590 $3,300.001:bG0 -0005,0, Cash Bond, Windemere BLC sand Company, LLC, 6121 Bollinger Canyon Rd., Suite 500, San Ramon, CA 94583 819800-0800: 61189861, 43.�. 00.00 PA03-00015, Cash Band, Windemere BLC Land Company, LLC' Bollinger Canyon Rd., Sure 500, San Ramon, CA 9458'3 EXECUTED IN DUPLICATE subdivision: QB-05-09926 Bond No.: 0$$21657 Premium:$26,202.00 WritpVEAUNT SECUPTTY BOND FOR SUBDMUON AGREEMENT (Performance, Guarantee and Payment) (California Government Code §§56499 66499.10) 1. ReCITA OFSusDiv,tsiON ACREF.MENT. The developer''(princ(principal)has executed a subdivision agreement with the County of Contra Costa to install and pay for street, drainage and other improvements in Subdivision 05-08M26 ,as specified in the subdivision agreement and to complete said work within the time specified for completion in the subdivision agreement,all in accordance with State and local laws and rulings thereunder in orderto satisfy'conditions for filing lofa final map or parcel map for said subdivision. 2. ORLICATION: Windemere RLC Land'Companv, LLC as principal and ii idol'' t v and t3e .osit Comsany of Maryland . a corporation organized and existing under the laws of the State of Maryland and authorized to 'transact surety business in California, as surety, ,hereby jointly and 'severally bind ourselves, our heirs, executors, administrators,successors and assigns to the County of Contra Costa, California to pay as follows: A. Performance and Guarantee: Two Million Seven Hundred Fitly Eight Thousand One Hundred and £30/100 Dollars(,$ 2,75- R.M.00 for Conm Costa County or any city assignee under the above County Subdivision Agreement.' R. payment: doeMillion Three Hundred Ninety Three Thousand and 001100 Dollars ($ 1,393.000.00 1 to secure the claims to which refrrence is made in Title XV (commencing with Section 3082) of Part 4 of Division M of the Civil:Code of the State of Califomia. 3. , CUNOIT dN- A. The Condition of This obligation as to Section(2.A.)above is such that ifthe above bonded principal, 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 pant, to be kept and performed at the time arid 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 become null and'void; otherwise it shall be and remain in full farce 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 attorneys 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 judgement rendered. B. The condition of this obligation, as to Section (2.8.) above, is such that said'princspal and the undersigned,as corporate:surety, are held firmly bound unto the County of Contra Costa and all contractors,subcontractors,laborers,material men and other persons employed is theperfonnance of the aforesaid subdivision agreement and referred to in the aforesaid Civil Cade, 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 in an amount not exceeding the amount herein above set forth and also,incase suit is brought upon this bond,will pay, in addition to the fact amount thereof, 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, to be awarded and fixed by the court, all to be taxed as costs and to be included in thejudgement therein rendered. It is hereby expressly stipulated and meed that this bond shall inure to thL benefit of any and all persons,companies and corporations entitled to file claims under"Title 15(commencing with Section 3082)of Pan 4 of Division 3 of the Civil Code,so as to give a right of action to thein or their assigns in any suit brought upon this band. Should the work under conditions of this bond be fully performed,then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. C. No alteration of said subdivision agreement or any plan or specification of said work agreed to by the principal and the County of Contra Costa(or city assigner)shall relieve the surety from liability on this bond;and consent is hereby givers to make such alteration without further notice to or consent by the surety;and the surety hereby waives the provisions of California Civil Code Section 2819 and holds itself bound without regard to and;independently ofany action against the principal whenever taken. SIGNED AND SEALED on July 14, 2005 Fidelity and Deposit Company PRINCIPAL: See attached signature block SURETY. of May Address: 612.1 Bollinger Canson RdRd,,Ste 500 Address: 801 N. Brand.Blvd. , Penthouse Suite City: San Ramon, CA Zip: 94583Cityf--- lendale, C? Zip: 91203 By: By: Print Name: Print Name: Rachel.le Rheault Title: Title: Attorney-in-Fact yCa,:'+G.,"t,r,�,g,lll7.t+t yuy,,S,.CF4lriSS�BM WO[LD\BN.Q COC :an E.ony-n ..nflee.::: 3 1: :aM:xxauE s• 3.:' '� :'43F'a... '�. .:::..: �! .......:. WINDEMF,RE'BLC LAND COMPANY,LLC.;a California limited liability company By:LEN-OBS WINDEMERE,LLC.,a Delaware limited liability company,its Massaging Member By:LENNAR HOMES OF CALIFORNIA,INC;,a California Corporation,its Managing Member By: David Evans,Vice Presiden By:_ ( , rrz r j!W Cindy Tt►omps ',Assistant Secret CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT State of California County of Orange On July 18, 2005 before me, Dina Prints, Notary Public; personally appeared David Evans 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 to their authorized 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. _.�err T,+ / Commission#1453610 Notary Public-California Orange County 0jMVCornrn.EVkwNov28,2009 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 Thomason--Assistant. Secretary Lennar Homes of California, Inc. DESCRIPTON,OF ATTACHED DOCUMENT Type of Document::Surety Bond No. 08821657 Number of Pages: Three (3) Date of Document:' July 14, 2005 Signers (other than those named above):Rachelle Rheault C,AL]IFLJRNIA ALL-PURPOSE'ACKNOWLEDGMEN1 No,5907 State of Califomia County of Orange On July 14 2005 before me Rosa Estela Rivas,Notary Public DATE NAME,TITLE OF OFFICER-E.G.,"JANE DOE,NOTARY PUBLIC personally appeared Rachelle Rheault , NAME(S)OF SIGNER(S)'' 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. I ROSA STELA RIVAS cv COINAM.ff 1447661 NOTAR�i PUBLICCALIFORNiA WITNESS my hand and official seal. ,Aim OCJl1NTY "7 My scsrnrr�.expires{�Ct.28,2U€17 4 SIGNATURE OF(VOTARY 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 TITLE(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'ENTITY(IES) SIGNER(S)OTHER THAN NAMED ABOVE S4067/GEEF 2198 0 1993 NATIONAL NOTARY ASSOCIATION 8236 Remmet Ave.,P.O.Box 7184•Canoga Park,CA 91909-7184 Power of Attomey FIDELITY AND DEPOSIT COMPANY OF MARYLAND KNOW ALL MEN BY THESE PRESENT'S:That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND,a corporation of the State of Maryland,by PAUL C.ROGERS,Vice President,and T.E.SMITH,Assistant Secretary,in pursuance of authority granted by Article Vl,Section 2,of the By-Laws of said,Company,w set forth on the reverse side hereof and are hereby;certified to be in full force and effect on the date hereof d s l ' nate,constitute and appoint Rachelle RHEAULT,of Irvine,California, its true and la - 'I; make,execute,seal and deliver;for,and on its behalf as surety,and as its act and Pgs,and the execution of such bonds or undertakings in pursuan ,s on 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 Ba r& it r The said Assistant " ct set forth on the reverse side hereof is atrue copy of Article VI, Section 2,of the By- ow in force. p IN WITNESS e said Vice-President and. Assistant Secretary have hereunto subscribed their names and affixed the Corpora ea of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this 24th day of May, A.D.2004.:' ATTEST: FIDELITY AND DEPOSIT COMPANY OF MARYLAND By:' T.E.Smith Assistant Secretary Paul C.Rogers Vice President State of Maryland ss: 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, cam PAUL C. R.OGERS, 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 preceding instrument 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 a€fixed.my Official Seal'the day and year first above written. 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 Coma ttee, shall have power, by and with the concurrence of the Secretary or any one of the AssistantSecretaries, 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, recognizances, stipulations, policies, contracts, agreements, deeds, and releases and assignments of judgements, decrees, mortgages and instruments in the nature of mortgages,...and to aux the seal of the Company thereto." CERTIFICATE 1,the undersigned,Assistant Secretary of the FIDELITY ANIS DEPOSIT COMPANY OF MARYLAND,do hereby certify that the foregoing Power of Attorney is still in full force and effect on the date of this'certcate;and I do further certify thatif 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 Attomey-in-Fact as provided in 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 attomey 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 , 200 Assistant Secretary inEi€ uCH THIS IMPORTANT DISC -SURE NOTICL IS PART OF YOUR BOND Fidelity and Deposit Company of Maryland,Colonial American Casualty and Surety Company, Zurich American Insurance Company, and Arne6can Guaranteeand Liability'Insurance Company are making the following informational discloswues'in compliance with The Terrorism'Risk Insurance Act of 2002. No action is required on your part. Disclosure of Terroricrn premium The prenniutn charge for risk of lass 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' Disclosure of Avaii_, ablItty ofovera a for Terrorism Lo&qs As required by the Terrorism Risk Insurance Act of 2002,we have made available to you coverage for losses resulting from acts of terrorism(as defined in the Act)with terms, amounts,and limitations that do not differ materially as those for lasses arising from events other than acts of terrorism. Disclosure of federal Share of Insp' ertce Corn etre 'sice c►rism Losses The Terrorism Risk Insurance Act of 2002 establishes a mechanism by which the United States government will share in insurance company losses resulting from acts of terrorism(as defined in the Act)after a insurance company has paid losses in excess of an annual aggregate'deductible. l"or 2002,the insurance company deductible is 1%of direct earned premium in the prior year;for 2003,74/0 of direct earned premium in the prior year;for 2004, 10%of direct earned premium in the prior year; and for 2005, 1501c 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. I3,,gffnition of.Act of Terrorism The Terrorism Risk Insurance,Act defines "act of terrorism 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 Staten 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 Stags, 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 tax is paid and whose insurance coverage is subject to regulation in the United States),or the premises of a United States mission; and 4. to have been corrunitted by an individual or individuals acting on behalf of any foreign;person or foreign interest as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Govertttnent'by coercion. But,no act shall be certified by the Secretary as an act of terrorism if'the act is committed as parr of the course of a war declared by Congress(except for workers'compensation)or property and casualty insurance losses resulting from the aot,in the aggregate,do not exceed$5,000,000. These disclosures are informational only and do not modify your frond or affect your rights under the bond. Copyright Zurich Amerim Insurance Company 2003 SUODIVISON AGREEMENT (Gov.Code,§Q SM and 66463) Subdivislow S IM6 O' " V t rC 2 Effective cuts: Subdivider V.1ktt� '-' �'f'+t'D CO ?AV—y aCI CompfeftonPodo& '2 IWAIL-I" THESE SIGNATURES°ATTMT TO THE.i}AfMES'AGREEMENT HERETO: W INDEMERE BLC LAND COMPANY,LLC ~ A California limited liability company CONTRA COSTA CCUWX wUtpMpE By:tEN-OBS Windemere,LLC, Monica M SE r,PWtfcWoft Olrector A D ware limited liability company an ing Member. $Y. ar Ii es of C i mia,t OMNIENf3EbFt3RRAf'PROVAL a ' M r leg— AM (printnatne cif $xu ear, ecce (signature} . (print Heine&title) an , dice President F iMAPPfit)V—M Wano B.M8r0hest,C6UntV Counsel NC CE;AiEsgn�tareaanuMba attnowTadged.if Suf�niider is&�oofparated the cor�Uact M�C1S!$ @ alp €tJy#vm pig.T1la n8tut@ Clt1Na GnriNEt of lhe- board.pneaklent,atvk�presidanGthese�dslgrtatursmustbetlratollhesecrefary, assbsea ck�lana�lt�assttlrnas ,(Civ. ,§fi9o.ami CER lFiClkIELIFACK�1tlWLEt7f3bNT State of Callfomia } County of f?n the tats vrnittentra&tw tr�Ore-ttse flat�naii Notarrr Puttt� y appeared the#a�sorr(s)snktg above for �a know t to me for pruned tome on the basis ofspisfacto(y evidence)to bg the persons)whose names)blare aubscrbed to the within fturwt and ani Kffi4edgW to me that helshe(lhey wmdad and#rel by h hada i*agnaturu(s)on tha imbumeM tfse persoor44),ortw eny upon t tf of+xhtch the person(s)stmt, executed twYrsfrtrment.-! WfT'f+lEswir►yhand arafsrfftctatseat. Gated: unity Public (Notary Seal) f. FORTIES&#IATf;.E6edlveonlheabovedate.theCourdyufConimCosta,California,(hereinafter'County")andtheebovo,rnentbned9a#idviderm*attyiuombeertcfagmo as fokft ca eff ftlis SnbdW : 2. IMPftOYtrl iEM Sa Suhdrtvtderagr as to insta certain road imprs+anuanis(6a1h p bl an4 prhrata)dreirtaga knprovemehL siprty streatyghis fire hydrants,iaadss ping and such of wr rrrxvewts(*ng appurbnarstequtpmar q as raced kr itm tmprawnw*pians forthIt Su as and on IseYO die Gertha GtwtaZot*Ptotic Wodcs Depa taeat;as required by ilia Co ufiHorm of Appmvat to thls Su6dnrisfon,and 3n orxtfortnance with'the Contra Costa Gianni}+Ordiraancer'Code,Inducting hrfure amandnxtts chem( (heraIraftar•Ordinance Coda). SubdNrfdarsha compleleaaidimpravernants{hemktfter'Work')wfiflniliaabmcampl onpododf mdatehereof,asmqui WbyflreCWifomiaSubdivbfonMapAct(OW- Code,IS ti69tFi et )H a good woram ,Manner,Yi socordartcawith awepied n practices and h a squat or sttpedorto the requkameMa of the L3nffdance t,oda and rulings made Wwnderand to WCodtsscscaagnampat Apptovai and the Cede,Ute r taquhe ants sitsligpvem. 3. Na MM SEG11Rl Upon atsera"ft Agraernatd,the SubdM ershd,ptasuantto Gov.Code 664$9 an the County Ordinance Code,provide as socft to Me County: A For.I&*atat ,ar d rantee cash.pW se ,n drrtanun:rd m'S 21 S t,i taf3. tageitmr i one hundrel percent(i 00%)of the estimated twat of the Work.Such addltional seeumy b praaented in the form of: Cash,oer#ltlatif csredc ar rastte>•s check K _Aomptable corporate surety bond. AMptabiekX cableferalcref1l. With6rfaseetutty,SuWWerguamnteesperfomianceu€x erMAgreementarilmahtenanceofiheWorkforo4eyeatafterhscompletbnandaweptanc eagainstanydefecdue workmanship or matedatsor any tinsallsfaclory periormanca. 8. di ForPavmterr! Sammy in the amount:s 1: ' c nQQ why is fifty percent(50%)of the estimated cost of the WoriL Such severity is presented in the form of Gask cergiod check,or cashier's track Ar ptable oo"rate aunty bond. Fern Approved by Cou*Caumei Acceptable Irrevocable Wer of credit (Rev.9IU3) Page 3 of 2 .......... ........................................ ....... ............................................................................................................................................................ .............. .................. ......... With this security,Subdivider guarantees payment to the contractor,to its subcontractors and to persons renting equipment or furnishing Mor or materials to them or to the Subdivider. Upon acceptance of the Work as Complete by the Board of Supervisors and upon request of Subdivider.the amounts hold as security may be reduced in accordance with Sections 944.406 and 944.408 of,the Ordinance Code. 4. GUARANTEE AND WARRANTY OF WARK Subdivider guarantees that the Work shall be free from defects In material or wodisnariship and shall perform satisfactorily,for a period of one(1)year him and after the Board of Supervisors accepts the work as complete in accordance with ArM 96-4.6,*Acceptance.*of the Ordinance Code. Subdivider agrees to correct repair or room,at Subdividers expense,any debuts In said WodL The guarantee period does not apply to mad improvements for private roads that are not to be accepted Into the County road system. 5. MNTESTABUSHMENT WORK Subdividerapes to performplant estBblistimentwork for landscaping Installed under this Agreement Said plant establishmeritwork shal consist of adequatellywaterkV plants,repleclilli UnSultable plants,doing weed,rodent and other post control and bitherwork deleirinnIned by the Public Works Departmentib be necessary to en sure establishment of plants. Said plant es"limneird work shag be perforated for a period of one(1)year from and after titre Board of Supervisors accepts the Work as complete. 6. IMPROVENEWT PLAN WARRANTY.SubdNider warrants the Improvementplaris for the Work am adequate to accomplish#*Work as promised In Section 2 and as requinad byowCondllonsofAppmWfortheSubdivision. It,at any I=before the Board of Supervisors accepts the Work as Complete or during the one yearguarantee period,said I improvement plans prove to be Inadequate In any respect,SubdMqq shah makavhateiver changes are necessary to accomplish the Work as promised. 7. NO WAIVER BY COUNTY Inspection of the Work and/or materials,or approval of the Work andlor materials or statement by any officer,agent or employee cit the County Indicating the Work or any part thereof complies with the requirements of this Agreement or acceptance of the whole or any part of said Workand/or materials,or paMents tnetefor,or any combinallon or all of these acts,shall not ralleve the Subdivider of Its obligation to futill this Agreement as prescribett,nor"the County be thereby stopped from bringing any action for damages sibling from the falluns to Cam*with any of the terms and oWillorm tiered. 81 INDBMITY Subdfvft shall defend.hold harmless;and Indernriffy the Indemnitees from the liabilities as defined In M section: A. The Indeambe—s benefted and protected bythis promise am the Count/and th special districts,elective andappointive boards,commisslore,officers,agentsaind employees. B. The Hatilliftes protected against am any lability-or claim for damage of any kind allegedly suffered,Incurred or threatened bemuse of actions defined below,and Including personal Injury.death,property damage,inverse condemnation,or any Combination of these,and regardless o1whatharor notsuch liability,dalm or damage was unforeseeable atony this before County reviewed said Improvement plans or accepted to Work as complete,and including the defense of any sull(s),action(s),oroftrprooeetfil*s}concerning said WMes an6clakins. en C. The adom pausing flablifty are any ad or omission(negligent or non-MlIgent)In connection with the matters Covered by M Agreemt and alldbutable to Subdivider,contractor,sub6ontractor,or any officer,ageK or employee of one or more of them. D. N_wt4rMlons.The promise andagreementin this section am notoxidifloned ordepandentan whatherornotany Indaminflee has prepared,supplied,or approved any plan(s)orspedfication(s)In connection with this Work or Subdivision,or has Insurance orother Indemnification covering any ofthesernatters,orlhatthe alleged damage.resultsdpartly from any negl!Dwt or willful misconduct of any Indemnitse. 9. MM Subdivider shag pay,when due,all the costs of the Work,inducting but nottirrifted to the costs of relocations of existingutilitles required thereby,Impactions malarias checks andtasts;and othercosts Incurred by County staff arising from ornslated to MeWork,andpriorto acceptance offtWork as oompleteorexpiratkin ofany applicable warm*perlodsi whichwer Is later. 10. St tit S.Subdivikier shall set and establish survey monuments In accordance with the filed map and to the satisfaction of the County Road CommWoner-Surveycr bialbre acceptance of the Work as complete by the Board of Supervisors. -the 11. NON-PERFORMANCE AND COSTS.If Subdivider falls to complete theWork within the Ornespedfied in ft Agreement and subsetluaritaxienslom or falls to maintairt Work,County may proceed to complete andlor malrift the Woikty Contract orotheiwise and Subdivideragreas to pay ON costs and ChargallACU138d by County(ktOWrig:M notlimile- d an to,anginetaring,inspection,surveys,contract,overhead,ah)imirriediateV upon demd. Once action Is taken by County too xMW or maintain the Work.Subdivider agrees to pay all costs Incurred by County,even V Subdivider subsequently completes plates the Wo& Should County sue to compel performance under this Agrearnard or to reomircostsincurred in compledrill ormantalhing1he W*SubdtMor Was to Pay all aftomey'afees; staff costs and all other expenses of litigation Incurred by County In covinection tharewlih.even If Subdivider subsequently proceeds to complete the Work 12. INCORPORATION/ANNEXATION. If,before the Board of Supervisors accepts meWorkascomplate,the Subdivision to Included In territory Incorporatedas a city orb annexed to an existing city,ex ept as provided In this paragraph,County's rghts under this Agreementandfor any deposit bond,or letter of credit securing said rights shall be transferred to-the new or annexing city.Such city that have all the 4ghb of a ON party beneficiary against SubdkW,who shall fM all to lerma of this Agreement as though Subdivider had contracted with the city originally.The provisions of paragraph 8(Indemnity)shall continue to apply In favor of the indemnitass listed In paragraph BA upon any such Incorporation or annexation. 13. RECORD MAP.In consideration hereof,County shah slow Subdivider to file and record this Inal mep,of parical map for said Subdivision, 14. RIGHT OF ENTRY.Subdivider hereby Consents to entry onto the Subdivision property,and onto any otherproperly overwhich Subdividerhas land-dghts and upon which any plans,by County and Its forces,includIng contractors,for to puMm of Inspection, d, a eve I of alerlo n an In 1h n no me ce portion of to Work Is to be Installed pursuant to Me Imp of this Agreement by Subdivider,completion andlor maintenance of the Work Form Approved by County Counsel [Rev.W31 H9FlnaM"VALW-SubAgmL9.03.wpd Page 2 of 2 ................................ M M. ............. M ....... .... ......... .......... CALIFORNIA i ALL-PURPOSE ACKNOWLEDGMENT State of California> County of Contra Costa On Jul 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 upon behalf of which the persons acted, executed the instrument. WITNESS my hand and officialseal. KAREN L RM-NAN Comm"On#1378W Not Y lWS."'k. -G Siklaium of Rojk Public Centro Coma County MYCOMM-E oVlresgct 7. 7/28105 FATCO$42 8926 Tax Collector's Office William J.Pollacek 625 Court Street Contra County Treasurer-Tax Collector Finance Building,Room 100 �•' P.O.Box'631 Russel!V.Watts Martinez,`California 94553- Costa Chief Deputy Treasurer-Tax Collector 0063 (925)646=4122 Cou / Joslyn Mitchell_l (925)646-4135 FAX Tax Operations Supervisor Date:7/28/2005 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/MS# City T.R.A._. 8926 SAN RAMON 66383' Parcel#: 223-400-016-0 223-090-008.2 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 tax lien 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 $4,203,600.04 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 rev tray,awy 1.va r,.y ...... ..... .. .. .:. _.. correct copy of the original.' LEECH TED 11\1 DUP L I CkTE FIRS ,T AIAERICAN TITLE GUARANTY Y CO. PRINCIPAL TITLE CON IPAW. Winderncrc BBC first American Title Co. ,Arch Lasur'auce Ccsmpany 6121 Sollingrr Canyon Rd #500 13x5 Willow Way,#101 115 _ LnIq Rnhl gs Ave. #825 San limon,Ca 94583 Concord,Ca 94520 Pasadana, . 101 Arta: Finan Olin xtm.:Barbara ?into arty,• ra�rga Hunan a Phone. 925-242-0911 Pbctir: 925-356.7007 FATCO# 1833613 Tax year,20051;2006 BOND AGAINST TAXES Bond No. SU5015816 premium:$42,036.00 KNOW A..LL MEN BY THESE PRESENTS. THAT, Windemere BLS' Land Company LLC, a Cdl furaia limited liability company as principal and (Surety)--_Arch Insurance CoLnpan a corporation organized and existing under the laws of the State of Missouri , and authorized to transact surety business in Califomia as surety are held and firmly bound unto the County of Contra CostaState df Calzfornla in the penal sum of Four Million two hundred three thousand six hundred Dollars ($4,203,600.00), 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 file a'map entitled Tract 8510 and 8923 and covering a subdivision of tract of land in said County of Contra Cost and There are certain liens for't&xes 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 trap of said tract, then this obligation shall be void and of no effect, otherwise it shall remain in full force and effect, Arch Insurance Company Windcrtncrc BLC Laid Company LLC, a Califomia 4mited iiabiliry company Surety By: LEN-OSB WIND RE, LLC, Rachell.e Rheault, Attorney=-In—Fact a Delaware limited liability company, its Managing Member By: LENNFAI CALIFORNIA, INC. a''Califoation, its Managing Member' DATE ?' By: BOND � IEW D AND APPROVE Greg m , Voce I�resident ., D CONT COSTA CC1t1NT'Y By: TREAS R_ T Cindy Thomps6n, Assistant Sec Mary By: x NOTARY ACKNOWLEDGMENT STATE OF CALIFORNIA }ss COUNTY OF—( )rabLe-p--� Gn , before me, _ Y a Notary'PuDltc in ants for id State, personally appeared 4_1_71%vs on Personalty Known to me ( tb t)e the person s) whose names, are; ubscribed to the within instrument and acknowledged to me that , Sp >r tfi�e executed the same in thei authortzecl capaci , and that ley h' ignatur on the instrument the person y or the entity upon behalf of which the o 's acted, executed the instrument- WITNESS my hand and official seal Signature rfru�riu �d�. cognmkoW Of 1478169 f4wory Kaw--ccoon40' �qty I Com,txpk"M►19,2006 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT No.ssw State of Cahfo-' a County of Orange On July 20 2005 before me, 'Rosa Estela Rivas,Nomny Public DATE NAME,TITLE OF OFFICER-'E.G..'JANE DOE,N07ARY'PUSLIC" personalty appeared Rachelle Rheaailt NAME(S)OF SIGNER(S) Z personally known to me-OR - 171 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 i .. .. behalf of which the person(s) acted, executed the instrument. F-C C-A ESTELA RIVAS tiC F't1K L'' CALIFORNIA� NOUN Y WITNESS my hand and official seat. r':c .cores Oct.28,2007 � r 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 71 CORPORATE OFFICER TITLE OR TYPE OF DOCUMENT TITLE(S) Q PARTNERS) LIMITED H GENERAL I ATTORNEY-IN-FACT TRUSTEE(S) 17 GUARDIAN/CONSERVATOR NUMBEROF PAGES OTHER: SIGNER IS REPRESENTING: DATE OF DOCUMENT NAME OF PERSON(S)OR ENTITY(IES) SIGNER(S) OTHER THAN NAMED ABOVE S-4067/GEEF 213E t 1993 WTIONAL NOTARY ASSOCIATION 8236 P.emmet Ave. P 0 Box 7184-Canoga Park,'CA,31306-7184 POWER OF ATTORNEY Know All Men 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")does hereby appoint Rhonda C. Abel, Jeri Apodaca, ,lane Kepner, Nanette Myers, Mike Parizino, James A. Schaller, Rachelle Rheault,Ashley Ward, Grace Reza and Rosa E. Rivas of Irvine, CA(EACH) its true and lawful Attorneys)-in-Fact, to make, execute, seal,and beaver from the date of issuance of this power for and on its behalf as surety,and as its act and dead: Any and all bonds and undertakings EXCEPTION: NO AUTHORITY is granted to make, execute, seat 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 presents shall be as binding upon the said Company 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 its principal office in Kansas City, Missouri. This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board 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 farce 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 small have the power and authority to appoint agents and attorneys4n-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, 2D03: 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 seal 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, 2DO3, 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. ODML0013 00 03 03 Page 1 of 2 Printed in U.S.A. M A--ch lfPl 'C' CT tOTl' 0 � TERRORISM -RISK IOU _ T F The Te rr �n Risk Insurance Act of�4D2 establisf es'a,rriirphan! rri by-which tate t`etf�r�l,g,p -e ment will share, with ft�e insurance industry, r� 'losses risir►g, ou, of ".ads of tY.rror�s' carti feed as such`ley the Secretary of the Treasury. 'Certified acts of"terrorisrm are defined.,as'events that cause mom than t5 mEltion in losses and: 1. Are Violent or daVeous to-bU nen life,:property;, ofthe irifrast ►cturt.; 2. >Result .in damage within the United States, cin a Uriited states rh ssiC6n or to a Unit6d States aircraft of Ate cermmitt Ci it d`1 idttals., acting pn;behiiif'df fore gn �r�sons or�int .rests, as'part cif an effort to coerce t` e� b itan population of the United States or to inflponde the �Poli6es or conduct of the United States �verttrrEat�t:; The cteifre 'that covarge for"certifil acts of terrtarrsrn" `. rust be made audible in torrrrrietcial ,p opet#y aM dosUtfty paltcies ofirsurat'rice, anal it rbquires insures to disclose arty applicable pre;rrfiurrt charges and the f0defa share bf bampensation.'We a M4kitt these disclosures'in's;ffl-ol borrtfiliahoe With the Abt. Wisblbsure of,Avaitabil'rty"of CoverAbe for T6morism Lasses Coyerage far iosses resulting from "oertified`acts of terrorism" is tieing made available to you on terms., amounts, .and limitations generally'apptica°ble to losses resulting from perils ether than acts of terrorism. Discic,tuee of"Federai Share of Compensation for Terrorism Losses The federal government will pay a 90r'Yo share of an irrsurer"s terrorism losses once:.the insurer-has sateisd a' elonificant:-aggre ate annual deductible_ For terrorism losses occurring in 2002, that deductible is I% of the; insurer's 2601 direct earned premium. For losses ocourring in 2—CC�, 2Dt14 and 20CF5,' the annual insurer decl'pclibl share 710, 3D% and 66o Of'the.$>rbryaars direct earned pretium, respectively. The Act;provides that neither insurers nor the federal`,government are responsil:rle for lasses associated with "wrfifled acts of terrorism"'` once oggiragate annual insured losses exceed slob t�iftlian:` [Yisolosure of Terrorism Insurance premium Your gond'premium charge for"certified acts of terrorism" coverage is CJ. 0 31�Ed, 11'01} i ge 1'of 1 Printed in'UZ A."