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MINUTES - 01252005 - C6
TO: BOARD OF SUPERVISORS 04 loe FROM: MAURICE M. SHIU,,PUBLIC WORKS DIRECTOR DATE: January 25, 2005 SUBJECT: Approving of the Final Map and Subdivision Agreement for Subdivision 97-07996, San Ramon area. SPECIFIC REQUEST(S)OR RECOMMENDATIONS)&BACKGROUND AND JUSTIFICATION RECOMMENDATION(S): ADOPT Resolution No. 2005/ 55 for Subdivision 97-07996, approving the Final Map and Subdivision Agreement for project being developed by Toll Land XXIII Limited Partnership,A California Limited Partnership owned by wholly owned subsidiaries of Toll Brothers, Inc, San Ramon area. (District III) FISCAL IMPACT: None. BACKGROUND/REASON(S) FOR RECOMMENDATION(S): The applicant has met requirements for recordation of the Final map. Title IX requires subdivision agreement. CONSEQUENCES OF NEGATIVE ACTION: The map will not be recorded and there will be no subdivision agreement. Continued on Attachment: SIGNATURE: K-eA 1111 071111110 RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER r SIGNATURE(S):-,Q4: ACTION OF BOA N JANUARY 2b, 200b APPROVED AS RECOMMENDED Xx OTHER I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the VOTE OF SUPERVISORS xx UNANIMOUS(ABSENT NONE date shown. AYES: NOES: ABSENT: ABSTAIN: ATTESTED: JANUARY 25, 2005 Originator:Public Works(ES) Contact: K.Emigh(313-2233) JOHN SWEETEN, Clerk of the Board of G:\GrpData\EngSvc\B0\2005\01-25\SD 97-07996 B0-21.doc Supervisors and County Administrator KD:rm cc: Public Works—T.Bell,Construction Current Planning,Community Development T—11/25/05 Toll Brothers,Inc. Atha:Steve Stone By ,Deputy 100 Park Place#140 San Ramon,CA 94583 Fidelity and Deposit Company of Maryland 200 Berwyn Park,920 Cassatt Road,Suite 105 Berwyn,Maryland 19312-1150 RLI Insurance Company 1800 JFK Blvd,Suite 600 Philadelphia,PA 19103 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on January 25, 2005,by the following vote: AYES: SUPERVISORS GIOIA, PIEPHO, DESAUINIER, GLOVER AND UILKEMA NOES: NONE ABSENT: NONE ABSTAIN: NONE RESOLUTION NO.--2005/ 55 SUBJECT: Approving the Final Map and Subdivision Agreement for Subdivision 97-07996, being developed by Toll Land XXIII Limited Partnership, A California Limited Partnership owned by wholly owned subsidiaries of Toll Brothers,Inc, San Ramon area. (District 1H) The following documents were presented for Board approval this date: I. Map The final map of Subdivision 97-07996, property located in the San Ramon area, Supervisorial District III, said map having been certified by the proper officials. 111. Subdivision Agreement A subdivision agreement with Toll Land XXIII Limited Partnership, A California Limited Partnership owned by wholly owned subsidiaries of Toll Brothers, Inc, principal,whereby said principal agrees to complete all improvements as required in said subdivision agreement within one year 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: K.Emigh(313-2233) taken and entered on the minutes of the Board of Supervisors G:\GrpData\EngSvc\B0\2005\O1-25\.SD 97-07996 BO-21.doc on the date shown. KD:rm cc: Public Works—T.Bell,Construction Current Planning,Community Development z-11i25i05 Toll Brothers,Inc. ATTESTED: JANUARY 25, 2005 Attn:Steve Stone JOHN SWEETEN,, Clerk of the Board of Supervisors and 100 Park Place#140 San Ramon,CA 94583 County Administrator Fidelity and Deposit Company of Maryland 200 Berwyn Park,920 Cassatt Road,Suite 105 Berwyn,Maryland 19312-1150 RLI Insurance Company 1800 JFK Blvd,Suite 600 BY ,Deputy Philadelphia,PA 19103 RESOLUTION NO.2005/ 55 SUBJECT: Approving the Final Map and Subdivision Agreement for Subdivision 97-07996, being developed by Toll Land XXII Limited Partnership,A California Limited Partnership owned by wholly owned subsidiaries of Toll Brothers,Inc, San Ramon area. (District III) DATE: January 25, 2005 PAGE: 2 A. Cash Bond Performance amount: $24,430.00 Auditor's Deposit Permit No. 437203 Date: January 5,2005 Submitted by: Toll Brothers,Inc. Tax ID Number: 23-2879949 B. Surety Bond Bond Company: Fidelity and Deposit Company of Maryland Bond Number: 08744676 Date: December 16,2004 Performance Amount: $2,445,000.00 Labor&Materials Amount: $1,222,500.00 Principal: Toll Land XXII Limited Partnership, A California Limited Partnership owned by wholly owned subsidiaries of Toll Brothers, Inc. 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 200 5,is estimated to be$843,200.00,with security guaranteeing payment of said tax lien as follows: • Tax Surety Bond Company: RLI Insurance Company Bond Number: CMS218582 Date: December 21, 2004 Amount: $843,200.00 Principal: Toll Land XXII Limited Partnership, A California Limited Partnership owned by wholly owned subsidiaries of Toll Brothers, Inc. 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 Works Department. 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Ire M cb (0a* i� C1r1 w r► F-•- C, !!,�, Cod, ;1t N to rd✓ //a O ' N0)M 1 ��(./ U J �� 4 LL1 o 4.41 Ste. a f GAS •�� ��c�(,t •cls Ire so (l) ,L 1•s6� 3 ,.OZ,VO.ZO N L NOISIAIasns L ti J-33HS 339 I l t SUBDIVISION AGREEMENT (Gov.Code,§§66462 and 66463) A Subdivision. Effective Date: Subdivider. fo'oe�- U��- �1� ��, � � F Completion Period: � �- THESE SIGNATURES ATTEST TO THE PARTIES'AGREEMENT HERETO: CONTRA COSTA COUNTY SUBDIVIDER Maurice M hiu,Pu Works Director BY: Phn Name '0000 RECOMMENDED FOR APPROVAL: Print Title �f By: Print Name V_ S' %17 N 59 9 eenn ervices Division Print Title /nA14 j Rev FORM APPROVED: Silvano archesi,Coun ounselN(_OTE:All signatures must be acknowledged.If Subdivider is incorporated,the contract must be signed by two officers.The first signature must be that of the chairman of the board,president,or vice-president;the second signature must be that of the secretary, assistant secretary,chief financial officer,or assistant treasurer.(Civ.Code,§1190 and Corps.Code,§313.) CERTIFICATE OF ACKNOWLEDGMENT State of California ) ss. County of6.e a ) On the date written below,before me,the undersigned Notary Public,personally appeared the person(s)signing above for �� del-. ,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 WITNESS my nd and official , JEAN R.WESTPHAL & O.S - Dated. t 463651 "SO �- 4V Notary Public a :.&• Notary MAC-Cawvomiu (Notary Seal Contra�Comfy ) Wcomm. Join 18.�OOd 1. PARTIES&DATE.Effective on the above date,the County of Contra Costa,California,(hereinafter"County")and the above-mentioned Subdivider mutually promise and agree as follows concerning this Subdivision: 2. IMPROVEMENTS.Subdivider agrees to install certain road improvements(both public and private),drainage improvements,signs,street lights,fire hydrants,landscaping and such other improvements(including appurtenant equipment)as required in the improvement plans for this Subdivision as reviewed and on file with the Contra Costa County Public Works Department,as required by the Conditions of Approval for this Subdivision,and in conformance with the Contra Costa County Ordinance Code,including future amendments thereto (hereinafter`Ordinance Code'). Subdivider shall complete said improvements(hereinafter*WorlC)within the above completion period from date hereof,as required by the California Subdivision Map Act(Gov. Code,§§66414 et.seq.)in a good workmanlike manner,in accordance with accepted construction practices and in a manner equal or superior to the requirements of the Ordinance Code and rulings made thereunder,and where there is a conflict among the improvement plans,the Conditions of Approval and the Ordinance Code,the stricter requirements shall govern. 3. IMPROVEMENTS SECURITY. Upon executing this Agreement,the Subdivider shall,pursuant to Gov.Code§66499 and the County Ordinance Code,provide as security to the County: For Performance and Guarantee: Y )OA cash, lus additional secu' ,in the amount of$ Y fD.�,which together total one hundred A. $ PY percent(100%)of the estimated cost of the Work. Such additional security is presented in the form of: Cash,certified check or cashier's check. Acceptable corporate surety bond. Acceptable irrevocable letter of credit With this security,Subdivider guarantees performance under this Agreement and-maintenance of the Work for one year after its completion and acceptance against any defective workmanship or materials or any unsatisfactory performance. B. For Pa ment: Security in the amount:$ 1.2 ZZ �00.00 ,which is fifty percent(50%)of the estimated cost of the Work.Such security is presented in the form of: jr Cash,certified check,or cashier's check Acceptable corporate surety bond. Form Approved by County Counsel Acceptable irrevocable letter of credit [Rev.9103] Page 1 of 2 With this security,Subdivider guarantees payment to the contractor,to its subcontractors and to persons renting equipment or furnishing labor 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 held as security may be reduced in accordance with Sections 94-4.406 and 94-4.408 of the Ordinance Code. 4. GUARANTEE AND WARRANTY OF WORK. Subdivider guarantees that the Work shall be free from defects in material or workmanship and shall perform satisfactorily for a period of one(1)year from and after the Board of Supervisors accepts the work as complete in accordance with Article 96-4.6,"Acceptance,"of the Ordinance Code. Subdivider agrees to correct,repair,or replace,at Subdivider's expense,any defects in said Work. The guarantee period does not apply to road improvements for private roads that are not to be accepted into the County road system. r 5. PLANT ESTABLISHMENT WORK.Subdivider agrees4o perform plant establishment work for landscaping installed under this Agreement.Said plant establishment work shall consist of adequately watering plants,replacing unsuitable plents,doing weed,rodent and other pest control and other work determined by the Public Works Department to be necessary to en sure establishment of plants. Said plant establishment work shall be performed for a period of one(1)year from and after the Board of Supervisors accepts the Work as complete. 6. IMPROVEMENT PLAN WARRANTY.Subdivider warrants the improvement plans for the Work are adequate to accomplish the Work as promised in Section 2 and as required by the Conditions of Approval for the Subdivision. If,at any time before the Board of Supervisors accepts the Work as complete or during the one year guarantee period,said improvement plans prove to be inadequate in any respect,Subdivider shall make whatever changes are necessary to accomplish the Work as promised. 7. NO WAIVER BY COUNTY. Inspection of the Work andlor materials,or approval of the Work and/or materials or statement by any officer,agent or employee of 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 Work and/or materials,or payments therefor,or any combination or all of these acts,shall not relieve the Subdivider of its obligation to fulfill this Agreement as prescribed;nor shall the County be thereby stopped from bringing any action for damages arising from the failure to comply with any of the terms and conditions hereof. 8. INDEMNITY. Subdivider shall defend,hold harmless and indemnify the indemnitees from the liabilities as defined in this section: A. The indemnitees benefitted and protected by this promise are the County and its special districts,elective and appointive boards,commissions,officers,agents and employees. B. The liabilities protected against are any liability or claim for damage of any kind allegedly suffered,incurred or threatened because of actions defined below,and including personal injury,death,property damage,inverse condemnation,or any combination of these,and regardless of whether or not such liability,claim or damage was unforeseeable at any time before County reviewed said improvement plans or accepted the Work as complete,and including the defense of any suit(s),action(s),or other proceeding(s)concerning said liabilities and claims. C. The actions causing liability are any act or omission(negligent or non-negligent)in connection with the matters covered by this Agreement and attributable to Subdivider,contractor,subcontractor,or any officer,agent~or employee of one or more of them. :AH TS,V q lvi; D. Non-Conditions.The promise and agreement in this section are not conditio d or d ether or not any indeitee has p ared,supplied,or approved an plan(s)or specifications)in connection with this Work or Subdivision,or has insurance or other i emnificafif�!, c,�aven. any,of hese matters r,�ha" ,eged damage resulted partly from any negligent or willful misconduct of any indemnitee. Al ik Subdivider shall a when due all the costs of the Work,including but not limiebf �ns of�ex�sititilitis ire ereby;inspections;material 9. COSTS. Subd pay, g nods checks and tests;and other costs incurred by County staff arising from or related to the Work,and pri o applicable warranty periods, whichever is later. 14. SURVEYS. Subdivider shall set and establish survey monuments in accordance with the filed map and to the satisfaction of the County Road Commissioner-Surveyor before acceptance of the Work as complete by the Board of Supervisors. 11. NON-PERFORMANCE AND COSTS. If Subdivider fails to complete the Work within the time specified in this Agreement,and subsequent extensions,or fails to maintain the Work,County may proceed to complete and/or maintain the Work by contract or otherwise and Subdivider agrees to pay all costs and charges incurred by County(including,but not limited to,engineering,inspection,surveys,contract,overhead,etc.)immediately upon demand. Once action is taken by County to complete or maintain the Work,Subdivider agrees to pay all costs incurred by County,even if Subdivider subsequently completes the Work. Should County sue to compel performance under this Agreement or to recover costs incurred in completing or maintaining the Work,Subdivider agrees to pay all attorney's fees, staff costs and all other expenses of litigation incurred by County in connection therewith,even if Subdivider subsequently proceeds to complete the Work. 12. INCORPORATION/ANNEXATION. If,before the Board of Supervisors accepts the Work as complete,the Subdivision is included in territory incorporated as a city or is annexed to an existing city,except as provided in this paragraph,County's rights under this Agreement and/or any deposit,bond,or letter of credit securing said rights shall be transferred to the new or annexing city..Such city shall have all the rights of a third party beneficiary against Subdivider,who shall fulfill all the terms of this Agreement as though Subdivider had contracted with the cityoriginally.The provisions of paragraph 8(Indemnity)shall continue to apply in favor of the indemnitees listed in paragraph 8.A.upon any such incorporation or annexation. 13. RECORD MAP. In consideration hereof,County shall allow Subdivider to file and record the final map or parcel map for said Subdivision. 14. RIGHT OF ENTRY. Subdivider hereby consents to entry onto the Subdivision property,and onto any other property overwhich Subdivider has land rights and upon which any o 'on of the Work is to be installed pursuant to the improvement plans,by County and its forces,including contractors,for the purpose of inspection,and,in the event of non-performance P � p p of this Agreement by Subdivider,completion and/or maintenance of the Work. Form Approved by County Counsel [Rev.9/03] H:\FinaNPMLW-SubAgmt9.03.wpd Page 2of 2 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California ss. County of 0 41 ra COS 71ZL *00*0llllllllllllll� On before me, Date Name and Title of Offici(e.g.,"Jane 6oe,Notary Public") personally appeared AePo' Name(s)of Signer(s) '`personally known to me ❑ proved to me on the basis of satisfactory evidence to be the personN whose name(,$) is/aw subscribed to the within instrument and JEAN R.W IM44 acknowledged to me that he/sheAl"y executed A A Ike. Cwwlion#I the same in h is/,h...a flltlisiei r authorized < ;, - ,,�y ANN 1 1 capacity( and that by his/TVI I L signature(sk)on the instrument the person($), or Cor*a Coda Coun#V MV CAMM. ion IS, the entity upon behalf of which the person*) acted, executed the instrument. W my hand and official seal. Signature of Notary Public OPTIONAL Though the information below is not required by law,it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s)Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: RIGHT THUMBPRINT 1 OF SIGNER F] Individual Top of thumb here r_1 Corporate Officer—Title(s): ❑ Partner—F1 Limited ❑General F1 Attorney-in-Fact R Trustee 1-1 Guardian or Conservator F-1 Other: Signer Is Representing: L 031999 National Notary Association*9350 De Soto Ave.,P.O.Box 2402 e Chatsworth,CA 91313-2402•www.nationalnotary.org Prod.No.5907 Reorder:Call Toll-Free 1-800-876-6827 Q�V. TA 4 0 0 k • n 0649-9665 / 831000: G1159010, $1,550.00, M502-0019, Map Check Fee, Simon Makdessi, 2721 Cherry Lane, Walnut Creek, CA 94596 0649-9665 / 831000: G1159011, $5 00.00, Record of Survey Deposit, R52973, UCB -Danville, Inc., 318 Danville Rd. Bldg C, Danville, CA 94526- 3443 0649-9665 / 831000: G1159012, $500.00., Record of Survey Deposit, R52971, Jim Gilliland /Jenny Barnes, 7171 Johnston Rd., Pleasanton, CA 94588 0649-9665 / 831000: G1159013, $1,000.00 , M504-0011, COA Complinnce Check, David F. Case, 35 Baron View Ct., EI Sobrante, CA 94803 0649-9665 / 831000: G1159014, $500.00, Record of Survey Deposit, R52974, Milani & Associates, 4071 Port Chicago Hwy, Ste 100, Concord, CA 94520 0649-9665 / 831000: G1159015, $5,0616.00, PA 0019, Landscape Improvement Plan Review, Shapell Industries of Northern California, 100 N. Milpitas Blvd., Milpitas, CA 95035 0649-9665 / 831000: G1159016, $14,799.50, Sub 8747, Inspection Fee Deposit, DHI- LCG, LLC, 333 Civic Dr., Pleasant Hill, CA 94523 0649-9665 / 831000: G1159017, Shapell Industries of Northern California. 100 N. Milpitas Blvd., Milpitas, CA 95035 $2,725.00, Sub 8381, Major Sub Final Map Check $525.00, Sub 8941, Major Sub Final Map Check 0649-9665 / 831000: G1159018, $37,318.1511 Sub 8381, Major Sub Final Map Check, Shapell Industries of Northern California, 100 N. Milpitas Blvd., Milpitas,f CA 95035 0649-9665 / 831000: G1159019, $260480,54., Sub 8941, Major Sub Final Map Check, Shapell Industries of Northern California, 100 N. Milpitas Blvd., Milpitas, CA 95035 0649-9665 / 831000: G1159023, $65.090.00, Sub 7996, Major Sub Final Map Check, Toll Bros, Inc., 100 Park Place #140, San Ramon, CA 94583 819800-0800: G1159016, $2,511.00 Sub 8747, Cash Bond, DHI- LCG, LLC, 333 Civic [)r,,, Pleasant Hill, CA 94523 819800-0800: 61159022, $24,0430.00, Sub 7996, Cash Bond, Toll Bros, Inc., 100 Park Place #140, San Ramon, CA 94583 819800-0800: 61159024, $137, 100.00, MS 010023, Cash Bond, Providence Housing Partners II, 1700 N. Broadway, Suite 290, Walnut Creek, CA 94596 "DUPLICATE ORIGINAL" SubdiVMOW 7996 Bond No.: 08744676 Premium: $241450.00 IMPROVEMENT SECURITY BOND FOR SUBDIVISION AGREEMENT (Performance, Guarantee, and Payment) (California Government Code §§ 66499 - 66499. 10) 1. RECITAL OF SUBDIVISION AGREEMENT0 : The Principal has executed an agreement with the County to install and pay for street, drainage, and other mlprovements in Subdivision 7996 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 nilings thereunder in order to satisfy conditions for filing of the FhW Map or Parcel Map for said Subdivision'. Toll Land XXII Limited Partnership, A Limited Partnership 2. OBLIGATION: owned by wholly-owned subsidiaries of Toll Brothers, Inc. as Prkc4* Fidelity and Deposit Company of Maryland , a corporation organized existing under the laws of the State of MD ,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 it: Two Million Four Hundred Forty A. Performance and Guarantee: Five Thousand Dollars and 00I100 ($2,445,000.00 for itself or any city assignee under the above County Subdivision Agement, plus B. Payment: One Million Two Hundred Twenty Two Thousand Five Hundred Dollars and 00/100 Dollars ($ $1,222,500.00 ) to secure the claims to which reference is made is Title XV (co enc with Section 3082) of Part 4 of Division III of the Civil Code of the State of California. 3. CONDMONO0 A. The Condition of this obligation as to Section 2.(A) above is such that if the above bonded Principal, his or its heirs, executors, administrators, successors or assigns, shall in all ...gs 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 is or its part, to be kept and performed at the time and m the manger therein specified, in all respects according to their true intent and meaning, and shall indemnify and save bar......ss the County of Contra Costa (or city assignee), its officers, agents and employees, as tb,erein stipulated, then this obligation shall become null and void; otherwise it shall be and remain m full force and effect. As part of the obligation secured hereby and in addition to the face amount specified therefore, there 10 Aft be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by County (or city assignee) in successfully enforcing such obligation, all to be taxed as costs included in any judgement rendered. B. The condition of this obligation as to Section 2.(B) above is such that said Principal 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 in the performance of the aforesaid agreement and referred to in the aforesaid Civ1 Code for materials famished or labor thereon of any kind, or for amounts due under the Unemploynent Insurance Act with respect to such work or labor, that said surety wffl pay the same in an amount not exceeding the mount herein above set forth, and also in case suit is brought upon this bond, will pay, in addition to the fact amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by County (or city assignee) m* successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be includedmthe 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 to file claims under Title 15 (co�ncing w Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed then obligation shall become null and void, 0 in otherwise it shall be and remam ftforce and effect. co No alteration of said subdivision agreement or any plan or specification of said work agreed to by the Principal and the County shall relieve any Surety from liability on bond; and consent is hereby given to make such alteration without further notice to or consent by Surety; and the Surety hereby waives the provisions -of Calffo Civil Code Section 2819, and holds itself bound without regard to and indepiendentlyof any action against Principal whenever taken. 4W SIGNED AND SEALED On TOLL LAND XXII LIMITED` PARTNERSHIP BY: TOLL CA GP CORP., GENERAL PARTNER PRINCIPAL: To// 1;", 4h I Address, 3103 PHILMONT AVENUE City* HUNTINGDON VALLEY 19006 By: Print Name: I&Awoev Irldgssaow December 16, 2004 $jJgE1'y; Fidelity and Deposit Company of Maryland Address: 200 Berwyn Park, 920 Cassatt Road, Suite 105 P,4.,+ - Berwyn %..eAL * 10 r Lobn Print Name: Daniel P. Dunigan Title: vP Title: MW MMSDSHARD AWvdWw=%NW0RD\BN-12.doc ............ Attorney -in -Fact .79we CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of PENNSYLVANIA County of CHE S TE R On DECEMBER 16, 2004 before me, DATE personally appeared ARLENE OSTROFF NOTARY PUBLIC NAME, TITLE OF OFFICER - E.G., "JANE DOE, NOTARY PUBLIC" DANIEL P. DUNIGAN NAME(S) OF SIGNER(S) E2 personally known to me - OR proved to me on the basis of satisfactory evidence NOTARIAL SEAL ARLENE OSTROFF.-Notary Public Poli, Chester County, PA MyCommission Expires December 3, 2008 No. 5907 to be the person(z)xwhose name( ism subscribed to the within instrument and ac- knowledged to me that heXOMAWyc executed the same in hisINWOMKW authorized capacity(), and that by his/hAdjhkV, signature() on the instrument the personN), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my ha pd and official seal. OPTIONAL " SIGNATURE OF NOTARY 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 ❑ INDIVIDUAL 1-1 CORPORATE OFFICER ❑ PARTNER(S) TITLE(S) ❑ LIMITED R GENERAL D ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ GUARDIAN/CONSERVATOR ❑ OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) FIDELITY AND DEPOSIT COMPANY OF MARYLAND DESCRIPTION OF ATTACHED DOCUMENT TITLE OR TYPE OF DOCUMENT NUMBER OF PAGES DATE OF DOCUMENT SIGNER(S) OTHER THAN NAMED ABOVE 01993 NATIONAL NOTARY ASSOCIATION o 8236 Remmet Ave., P.O. Box 7184,@ Canoga Park, CA 91309-7184 CALIFORNIA ALL=PURPOSE ACKNOWLEDGMENT State of California County of C.....0we't �.C� S� ss. On ka____L before me, SCtTG���C.IS\�3Q`QCV�(.t��� Date personally appeared 100�ame and Titl of Officer (e.g., "Jane Doe, Notary Public") ` amS6/0—N SQA M RW �mbsion # 1425041 Lao Nofcuy Public - CaWaR t Contra Coft Coin fY . MV Comm. .hen 16, 2007 Names) of Signer(s) e personally known to me El proved to me on the basis of satisfactory evidence to be the person whose name,(,s}-- is/,aye subscribed to the within instrument and acknowledged to me that h,/&-%A.ee,4hQy executed the same in hisheir authorized capacity�ies}, and that by his�eir signaturef* on the instrument the personK), or the entity upon behalf of which the person(, acted, executed the instrument. W SS my hand a d officia eal. Signature of Notary Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity0es) Claimed by Signer Signer's Name: Individual Corporate Officer - Title(s): Partner - ❑Limited El General Attorney -in -Fact Trustee Guardian or Conservator Other: Signer Is Representing: Number of Pages: 01999 National Notary Association • 9350 De Soto Ave., P.O. Box 2402 * Chatsworth, CA 91313-2402 • www.nationalnotary.org Prod. No. 5907 Reorder: Call Toll -Free 1-800-876-6827 Power of Attorney FIDELITY AND DEPOSIT COMPANY OF MARYLAND KNOW ALL MEN BY THESE PRESENTS: 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 V1, Section 2, of the By -Laws of said Company, wh' l set forth on the reverse side hereof and are hereby certified to be in full force and effect on the date hereof d s ' nate, constitute and appoint William F. SIMKISS John A. SIMKISS III and Daniel P. D a f a0 s lvania EACH its PP y true and lawful agent and Attorney -in -Fact, to make, execute , surety, a�,, : , and as its act t � y and deed: an and all bonds and undertakings, a f such a in s in pursuance of these Y g � .� g resents shall be as binding upon said Co afica 1 t i end purposes, as if the had been 1 P � P _ -I y) �''� �� p p � y duly executed and acknowledged b� l ted an at its office in Baltimore M in their b � rip y d, t o own proper persons. Th' at re behalf of William F. Simkiss, John R. Waite, Jr., John A. Simkiss, III, Daniel S i an, lary X97. y The said Assistant` ereby certify that the extract set forth on the reverse side hereof is a true copy of Article VI, Section 2 of the By -L' s said Company, and is now in force. � p y, IN WITNESS WHEREOF, the said Vice -President and Assistant Secretary have hereunto subscribed their names and affixed the Corporate Seal of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this 15th day of October, A.D. 2003. ATTEST: OLP 04 Q so ? State of MarylandI ss: City of Baltimore FIDELITY AND DEPOSIT COMPANY OF MARYLAND T. E. Smith Assistant Secretary By: Paul C. Rogers Vice President On this 15th day of October, A.D. 2003, before the subscriber, a Notary Public of the State of Maryland, duly commissioned and qualified, came 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 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 affixed my Official Seal the day and year first above written. Dennis R. Hayden. Notary Public My Commission Expires: February 1, 2005 POA -F 156-3293 F]IDE"-LrrY AND D$rosrr coMrANnr mu 4OF MARYLAND w D 3910KESWICK RpAp, B&1MM9 )AD 212ai L r"IN -T ass SgtemqntatlqukqafelCelVfiqn As Ot dpmbc 31,1003 Boil6"I0,8%0NMisiiw/" sweao "86*00%lo "as" &*A facili&A "%mmovem a*^*%"$ see* at" "0640 "1 S t,n_ elm I.- 21514121A C**J*Q 9 and Offim S= Tom kvwtaW* 1 slS&921 09* Awmts P=01v" a T-0 too$" to 6 so 444" I'S $0-te-lil "461 """So komo "&a&" NVIOCIPS b"dowboolle" 0 wo f4w" 9* G"ft%** ago woo *40 0 *Woo %po IASUZ $#0441164640 600940"q M 9*4 #Ole booig" 00"00 06060"66% 16*0414 "am" lie 48440"a6b,offfto "40*9* 4 0; 166AWASIO A LIUS. AM urns"IFUZIDS Re=" ft Um =CAIW. 4 ARA PV 46 IMAJi m 1- ""#too 100166841 Dotevv*# *10464, • UP S SOM000 AV ��asNw.slr.....yh...N..tra so 6666SA-60-od 64%4 ad IW944AO b -Aft JW� AMAS lu NOW Q4 PON4 00d, 165rQAIA29 8- t ffx%�Wi ..A..J. a- -IA. -- 0 1 ftcmides at $159 10704 la tl�e *Ww ondepaskad u maz I by laws Saatgia Cal- =-tluof -Mime= by on the S of Dau+mkr 31� ZW3 nu d bon& nod% UP W11111% the C4wpw&*twnwtv%d �dmdted wds wou1Q be S1b6,893,955 and ciaplga as �egmk IX&c*0Iftz 5166a'74GAI DAVID A. BOW=* " Cm*e Cff ft} Y iCdla�wrImmvy&'.1 - - trrti4" h2- -J& tau i - 'a ft Mrdskr cw do A to 0 of ft asmis ad &bifltfm Ift 0 Idd Comtmy once 31s! &Y 0fDhmmbffa 20031 %am Is w sauafL�Or Cip�' of Srhwm6ty� � 6S: .WE-19-1-16odwim w, t"LmiWag(#& ARIM b UWANN ftalof Jam iL -T 7 0 W- -IL k AL VOID AFTER 1/310/015 Tax Collector's Office 625 Court Street Finance Building, Room 100 P. 0. Box 631 Martinez, California 94553- 0063 (925) 646-4122 (925) 646-4135 FAX Date: 12/16/2004 IF THIS TRACT IS NOT FILED PRIOR TO THE DATE TAXES ARE OPEN FO 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 # 7996 Cita/ SAN RAMON T.R.A. 66049 Parcel #: 211-210-065-2 211-210-043-9 211-210-064-5 211-210-071-0 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 $843,200.00 This tract is subject to a 1915 Act Bond. If subject to a 1915 Act Bond, the original principal to calculate a segregation is Brian Judy of Goodwin Consulting Group at 916-561-0890 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. Treasurer-TaxUCQilector ?/16/04 FATCO $42 7996 William J. Pollacek Contra County Treasurer -Tax Collector COSI.}-a Russell V. Watts Chief Deputy Treasurer -Tax Collector County Joslyn Mitchell Tax Operations Supervisor Date: 12/16/2004 IF THIS TRACT IS NOT FILED PRIOR TO THE DATE TAXES ARE OPEN FO 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 # 7996 Cita/ SAN RAMON T.R.A. 66049 Parcel #: 211-210-065-2 211-210-043-9 211-210-064-5 211-210-071-0 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 $843,200.00 This tract is subject to a 1915 Act Bond. If subject to a 1915 Act Bond, the original principal to calculate a segregation is Brian Judy of Goodwin Consulting Group at 916-561-0890 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. Treasurer-TaxUCQilector PRINCIEPAL Toll Land XXII Limited Partnership, A California Limited Partnership owned by wholly-owned subsidiaries of Toll Bro hers, Inc. y t 100 Park Place #140 San Ramon CA 94583 attn-. Steve Stone 925-328-1079 TITLE COMPANY First American Title Co. 1355 Willow Way,, #101 Concord CA 94520 Attn: Barbara Pinto 925-356-7025 FATCO 11 717766 TAX YEAR 2005/2006 BOND AGAIN ST TAXES SURETY RLI Insurance Company 1800 JFK Blvd, Suite 600 Philadelphia PA 19103 Attn: Bond Department BOND NO. PRFMHUM: CMS218582 $8,432.00 xivow ALL AWN BY THESE rxEsErrrs: Toll Land XXII Limited Partnership, A California Limited THAT Partnership owned by wholly-owned subsidiaries of Toll Brothers. Inc. , as Principal and (surety) RLI Insurance Company , a corporation organized and existing under the laws of the State of IL and authorized to transact surety business in California as surety are held and firmly bound auto the Ccwnty of Contra Costa, State OF CSIIfOIIIla, in the penal SU1ri Of Eight Hundred Forty Three Thousand Two Hundred Dollars and 00/100 Dollars ($ 843,200.00 ), 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 2004 21st say of December The conditions of the above obligation is such that WHEREAS, the above bounded principal is about to dile a map entitled Tract 7996 and covering a subdivision of a tract of lazed in said County of Contra Costa, and there are certain liens foc taxes and special assessments collected as taxes, against the said tract of lid covered by said map, which taxes and special assessments collected as taxes, are not as yet due or payable. Toll Land XXII Limited Partnership, A California Limited NOS, O� if the Said Partnerhip owned b wholly-owned subsidiaries of Toll B r o ta_ � s.,—��s shall pay all of tastes and special assessments collected as taxes which are a lien against said tract of lid 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 full force and effect. TOLL LAND XXII LIMITED PARTNERSHIP, A CALIFORNIA LIMITED (Approved SL3rCIQ) BY: TOLL CA GP CORP., A CAUFORNITIQN,-G"ERAL PARTNER (Attach Acknowledgement by Principal) (Attach Acknowledgement by Surety) DATE: BOND REVIEWED AND APPROVED C NTRA COT OUNTY TRE U OLLECTOR BY: By: Principal RLI Insurance Company Daniel P. Dunigan A - -- STATE OF COUNTY OF PA Chester On December 21, 2004 , before me, PERSONALLY APPEARED Daniel P. Dunigan 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. WITNESS my hand and official seal. Signature ne Ostroff W'0-001W�A" Arlene Ostroff OPTIONAL HUTAR!1; . SEAL A l '�F G i' OFA:, Notary r ����te� Cr -1r44 . PA my Commiss;or Y e r: Expires Deefftef 3� This area for Official Notarial Seal 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 El INDIVIDUAL El CORPORATE OFFICER El PARTNER(S) TITLE(S) El LIMITED El GENERAL FX1 ATTORNEY -IN- FACT ❑ TRUSTEE(S) El GUARDIAN/CONSERVATOR El OTHER: SIGNER 1S REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) RLI Insurance Company ID -081 Rev. 6194 DESCRIPTION OF ATTACHED DOCUMENT TITLE OF TYPE OF DOCUMENT NUMBER OF PAGES DATE OF DOCUMENT SIGNER(S) OTHER THAN NAMED ABOVE ALL-PURPOSE ACKNOWLEDGEMENT L IL 114 $Iti,, I Ij State of California County of (.1) ss. On Date before me,:ia(a A Axbl k Name anq Title of Officer (e.j, "Jane Doe, Notary Public" er-I&I41MIRTAW 01 or. -T-0 alibi WITMAUXIM SARAN RUST - comngs*m # 1425041 Air -ass--ft- "WRAY Pub1c 40 C4XftC4d0 C4u* My Jun 16,20071 [�rsonally known to me R proved to me on the basis of satisfactory evidence to be the person(* whose name(&)- is subscribed to the within instrument and acknowledged to me that he/...1%.E9#*LhU-..s._ I Y executed the same in hisAeAheir authorized capacity ), and that by hisgwfAhek signatureKon the instrument the personfs-Y, or the entity upon behalf of which the person�� acted, executed the instrument. SS my hand a officia eal. signature of No Pubic' OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. I I. TT� F;T9i1r*kAm1 =#I -114T:1111 Title or Type of Document: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: F-1 Individual F-1 Corporate Officer — Title(s): F-1 Partner — F1 Limited F-1 General n Attorney -in -Fact 0 Trustee • Guardian or Conservator • Other: Signer Is Representing: Number of Pages: 0 1999 National Notary Association * 9350 De Soto Ave., P.O. Box 2402 * Chatsworth, CA 91313-2402 9 www.nationalnotary.org Prod. No. 5907 Reorder: Call Toll -Free 1-800-876-6827 %A qvRE T RLI 15 �__Ekv A Division of RLI Insurance Company P.O. Box 3967 Peoria, IL 61612-3967 Know All Men by These Presents: 1 , t ,WAA V , t VA RLI Insurance Company That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired. That RLI Insurance Company, an Illinois corporation, does hereby make, constitute and appoint: WILLIAM SIMKISS, RICHARD DECKER, JOHN WAITE, DANIEL DUNIGANI JAMES HAHN in the City of Paoli State of Pennsylvania its true and lawful Agent and Attorney -in -Fact, with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, the following described bond. Any and all bonds provided the bond penalty does not exceed Twenty-five Million Dollars ($25,000,000). The acknowledgment and execution of such bond by the said Attorney -in -Fact shall be as binding upon this Company as if such bond had been executed and acknowledged by the regularly elected officers of this Company. All authority hereby conferred shall expire and terminate, without notice, unless used before midnight of July 1. 2005 but until such time shall be irrevocable and in full force and effect. The RLI Insurance Company further certifies that the following is a true and exact copy of the Resolution adopted by the Board of Directors of RLI Insurance Company, and now in force to -wit: "All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed in the corporate name of the company by the President, Secretary, any Assistant Secretary, Treasurer, Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, and Assistant Secretary, or the Treasurer, may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF,, the RLI Insurance Company has caused these presents to be executed by its President with its corporate seal affixed this 1st day of July % 2003 State of Illinois 00 County of Peoria I *NCE GOVWORA Z4-jp %I 0 ;4.• pip SEAL: Ir►oi •IIS, j 0 �4- L IN 0 On this. I st -,day of July q 2003 . before me, a Notary Public, personally appeared Jonathan E. Michael who being by me duly sworn, acknowledged that he signed the above Power of Attorney as the aforesaid officer of the RLI Insurance Company and acknowledged said instrument to be the voluntary act and deed of said corporation. _ "OFFIC IAL SEAL" PUMM JACQUELINE M. BOCKLER SrAv°s[t(Lj4C0AAMtSSK>N EXPIRES 03/01/06 VVVV VVW V 99 Notary Public RLI Insurance Company By: Jonatl(an E.Akchael CERTIFICATE President L the undersigned officer of RLI Insurance Company, a stock corporation of the State of Illinois, do hereby certify that the attached Power of Attorney is in full force and effect and is irrevocable; and furthermore, that the Resolution of the Company as - set forth in the Power of Attorney, is now in force. In testimony whereof, I have hereunto set my hand and the seal of the RLI Insurance Company this 21s T day of Tw. C.FMBF. R_, 04 - RLI Insurance Company Bv: C00000 of Jon than ichael 3741945030106 President A0058503 ,�,�,,�„�RU�� RLI Insurance Co pany P.O.Bw� 396? l�cori�. IL 6161-3967 309-M-1000 Fax: 309-692-8637 Dmmter 31, 2003 Adrnittd Assatt 1!,ijW sea . • • . . . . . . . . • • .. • . • • . • • . • • . / e • e ■ o Go e a . • . a • • . . • • . . . . . . . • . • • . . . • • • • • • • Cashon hand wW an a*= . , . , .................. . . . • . • . . . • . • . • . . . . . . • • . • . , • f • • Ii • • • • . . r r • • • • • • r .. • • • • • • • vVWn i1MM dw and accrued 0 0 0 0.•. 0 .. 0 0 0 .... Funft1t0ldsees........•••••••••.•••.•••••seas.• t=taxes .,. • FJAO I I dift proms ft equ... Mk • • • f e • • • $ . . a .. • / . • • . • • . • . • . • • . • • • . • • • • • • • • • . . . . . . . .. . . . . . Tani l4�dmittisd Assets ................ . ... . ........ 6 1,127,912,651 NUNN &eteorilllnois County OfPoarr's Surplus: Camnw•e.•.•••...•..• 4.•..•......•... $ 10,0004375 Addffimd po• • • • • . . • • • • • • • • • . • • / • • • • 277,42ZM Unsssi5rred suq*xa , ..... _ ........ 9.9 9.9 , 1 / 0 9 0 309,1%937 Total "Its Tand Llabilldw and SuOn � 645.586158 5 1127412,1 The urrderslgned► being duly awiom. says: That he is the President of 1�L1 lnsrtrance Company, that said Company is a Corporgtion duly oMnIted, a� the State of 11inoISO and licensed and engaged in business In the State o MOMINOMPOINEr end has duly complied with all the requirements of the laws of sskl State �ppl�icable of 41104, saw CorrWny and is duly qualied to act as Surety under such laws; that said Company has alio complied with and is dory qualified to act as Surely under the Act of Congress approved July 194 % 6U.SoG sec. 6-i3; and that to the best of his knowledge and b&W the ab" atatement is e foul!, true, and vonect stat+erwit of [she financial Qandtiian of the said CoMany on ffre 31st day ofDecember 2003 Aftest• Corporate Affixed Swom to before IAS Oils 1101 dW Of February -,N� -OFFiCtAL SEAL" NotarLl JA�u�we M. eopc�a Sell aaANwMon oe�us av/�0� Affixed M&O J. S&M CamNe J HenS@y Notary PubIA State aflltin0O0 UWIMOS and Surplus 1-10-42 $ 4970 X36 Risarve for unpab mm arm Mu 474,323.004 tit dx d 0 0 0 0 • / • ................. $ 327,334,717 $4,10' AU WwwPwd plOniur ................ • _ ......... 139,374,834 5v7739849 Accrued expandM... _ ............ • ........ , , . f 25.649,018 -760470214 FLW6 h id . .................................. 96710" 56OW1000 Attaunts wkhhaltl ......... _ 0 0 0 0 . , . - • 0 0 0 0 , . , ... 19,275, 561,E 13,?'38 Odd reir urastoe pr+a mm pWabia 0 0 0 0 _ ......... 120M4.N5 0,512.600 St utorypoll .............. ... . ........... 670,500 SZO32 Fedinal ino Po 1u pay" . • .. . • . . . ow . . . . 7,01608 B =nay and aRxrusd ............. 32,@11,534 0 DMft Omtw� %J.....................•....•,.,•e M2P178 P"....s..... /. •••••.•• aa.... 10�bf z5MV070 0 0 We I WIN N 01 ...... •••.••........a& ......... war • 0 26/$7914$1 TOW Lula!ties................................... $ 581.3MAS Tani l4�dmittisd Assets ................ . ... . ........ 6 1,127,912,651 NUNN &eteorilllnois County OfPoarr's Surplus: Camnw•e.•.•••...•..• 4.•..•......•... $ 10,0004375 Addffimd po• • • • • . . • • • • • • • • • . • • / • • • • 277,42ZM Unsssi5rred suq*xa , ..... _ ........ 9.9 9.9 , 1 / 0 9 0 309,1%937 Total "Its Tand Llabilldw and SuOn � 645.586158 5 1127412,1 The urrderslgned► being duly awiom. says: That he is the President of 1�L1 lnsrtrance Company, that said Company is a Corporgtion duly oMnIted, a� the State of 11inoISO and licensed and engaged in business In the State o MOMINOMPOINEr end has duly complied with all the requirements of the laws of sskl State �ppl�icable of 41104, saw CorrWny and is duly qualied to act as Surety under such laws; that said Company has alio complied with and is dory qualified to act as Surely under the Act of Congress approved July 194 % 6U.SoG sec. 6-i3; and that to the best of his knowledge and b&W the ab" atatement is e foul!, true, and vonect stat+erwit of [she financial Qandtiian of the said CoMany on ffre 31st day ofDecember 2003 Aftest• Corporate Affixed Swom to before IAS Oils 1101 dW Of February -,N� -OFFiCtAL SEAL" NotarLl JA�u�we M. eopc�a Sell aaANwMon oe�us av/�0� Affixed M&O J. S&M CamNe J HenS@y Notary PubIA State aflltin0O0 J ZURICH THIS IN.[PORTANT DISCLSUREISNOTICE PARTYOUROF OND Now 40-0-1- Fideli�yand Deposit Company of Maryland, Colonial American Casualt�r and Surety Company,BchAmen'cw �nsurance Company, and American Gua�rantee and LiabilityInsurance Comp are m4ftA.'KP";& the following ixu�farra.ational disclvs�ures incompliance wilh The Terrorism Risk Iusurance Act of 20i32. Ido action is req:uared on Stour Put Dis�l�o�.�re Of Terrar%s—.1 I Ia�ium� The premium charge for risk of loss resulting from acts of tenrorisxm (as defined in the Act) under this bond i V 5 ..waived .'...... This amount iS reflected M" the total prenuum for this bond,, Disclosure of AvaMbIllt .,v. oJgo=e aze_ for Terrorlsm Losses As reqw*redbytheT----- Risk Insurance Act of 2002, we have made available to you covemge for losses resultina �ta�z�us that donot differ materiaUy as those from acts ofterron'SM (as defined M' the Act) vih terms, amounts, and for losses Q&A.'AJ=,9 frura events other than acts of terrorism. Disclosure of Federal Share -of fMMuce-jtvan orl CgIg y1s TerE......SM.Losse The Terron*sm Risk Imswraace Act of 2002 esUblishes a mechanism hit which the United Statesgt�v�nment viU sham 0 esu Mrance Company losses re.L"..121f; frvr�9acts ofterrorism has defused m' the Act) after a insurance company has ped I aggrcWmd d�ciuc�t�bIa. For 2002, the ="x,�ce w-- mapany deductible is 1% of direct eamed losses in excess of au 2__ 6, in pre=um th�c prior gear, for 2003, 7°l0 of dirr�act eamed prenrr�uz� m" prior year, for 2004,1 0% ofdired eamed # 0-.420p�remum m -me pnor yew; and for 2005, 15% of direct eamed.prermu m m*the prior year. 7b -e federal sure of an �suraztce company's losses above its deductibIe is 90°l0. In the event the United States government participates in losses, the United States goverr�ment may direc#insurance comp es to collect aterron* s=huge fromI)oUcybold TheAct does not currentlyprovide foriuzsurance industry or United States gQ�rerm�n�ntparticipationa calendar -terrorism losses that excebillion"%A ft'W Y ed $100 m* any one A" Deon„ofAc# of -Terrorism &V low The Terro�is�nRisk �surance Act dunes"aet of ten�ari�.�" is as any act that ceraned by the Secretary of theTreasury, in concurrence with the Secrecy of State and the Attorney General of the United States. 1. to be an act of terTon* S, C 1* 2. to be a Violent act or an act that is daggereus io human life, Flcperty or tructure;I to have resulted in age withk the United States, or outside of the United SUtes M"the case of an air camer (as defined m' section 40102 of title 49, United 17 States Code) or a United States flag vessel (or a vessel based # 0 i�suraac� pnncipaRy m* the United S#a�,which United S�e�income tax ispa��iwhosecra vo'vemge IS 0 * subject to regWation iu the United Si�.#es), or the promises of a Wted.States nusnon; and 4. to have been committed by an iAdvidual or �ndividnals acting on behalf of any foreign person or foreign interest as part of an effort to coerce the civWn population of the United States or to influence the poficy or affect the conduct of the United States Government by coercion. Bud, no act shall be certified by the* Seeretuy as an act of i�'the act is committed as paA of the course of a war 4Ainsurauce declaredby Congress (except for workers* Wn-lipensation) or propertyand111ft ty c losses resulting frarn the act, in the aggregate, do not exceed $5,000,000. These disclosures are iafomationat only and do not modify your bond -or affect your rights under the bond* copydghc zucich Awedc= Insurance compaay 2003