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89-142A Improvement Agreement Stelling Rd. at Robindell, Reso 7941, APN 362-22-19 Cit,4 of Cwpertim P.O. Box 580 10300 Torre Avenue Cupertino,California 95015 Cupertino,California 95014 Telephone: (408) 252-4505 DEPARTMENT OF THE CITY CLERK October 2, 1989 Grant C. Gustayson 1421 Kintyre Way San Jose, CA 95129 IMPROVEMENT p,GUEMENT - STELSING AT ROBINDELL We are enclosing to you for your files one (1) copy of the Agreement by and between the City of Cupertino and Grant C. Gustayson & Phyllis P. Gustayson, Jack A. Rosenthal & Jane Rosenthal, which has been fully executed by City Officials, along with one (1) copy of Resolution No Cupertino , at 7941, which was enacted by the City Council of the City of Cupert' their regularmeeting of Monday, September 18, 1989. Sincerely, _ lir DORDK CORNELIUS CITY CLERIC CITY OF CUPERTINO DC/so encl. cc: Department of Public Works F RESOLUTION NO. 7941 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED ON STELLING ROAD AT ROBINDELL; DEVELOPER, GRANT C. GUSTAVSON ET AL., AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT'; AUTHORIZING SIGNING OF PARCEL MAP AND IMpRCVEMENT PLANS WHEREAS, there has been presented to the City Council for approval of the parcel map and improvement plans of property located on Stelling Road at Robindell by Grant C. and Phyllis P. Gustayson and Jack A. and Jane Rosenthal; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, curbs, and gutters, and for Other improvements, and good and sufficient bonds (letter of credit) , fees, and deposits as set forth in Exhibit "A" having been presented for the faithful performance of said work and the carrying out of said agreement; and said map, agreement and bonds having been approved by the City Attorney; NOW, THEREFORE, BE IT RESOLVED THAT a. Said parcel map and improvement plans herein referred to are hereby approved. b, The offer of dedication for street areas and all easements are hereby accepted. C. The City Engineer is hereby authorized to sign said improvement plans. d. The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. e. The Mayor and the City Clerk are hereby authorized to execute the agreement herein referred to. i PESOMTION NO. 7941 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 18th day of September , 1989 by the following vote: Vote Members of the City Council AYES: Gatto, Johnson, Koppel, Rogers, Plungy NOES: None ABSENT: None ABSTAIN: None APPROVED: /s/ John J. Plungy, Jr. Mayor, City of Cupertino ATTEST: /s/ Dorothy Cornelius City Clerk k RESOLUTION NO. 7941 EXHIBIT "All SCEiEIX]L,E OF BOND, FESS, AND DEPOSITS DEVELOPMENT: Single Family Dwellings 'Grant C. Gustayson, et al. LOCATION: Stelling Road at Robindell A. Faithful Performance Bond: $13,000.00 Thirteen Thousand and no/100 Dollars B. Labor and Material Bond: $13,000.00 Thirteen Thousand and no/100 Dollars C. Checking and inspection Fee: $ 650.00 Six Hundred Fifty and no/100 D. Indirect City Expenses: $ 98.00 Ninety-eight and no/100 Dollars E. Development Maintenance Deposit: $ 1,000.00 One Thousand and no/100 Dollars F. Storm Drainage Fee: $ 387.00 Three Hundred Eighty-seven and no/100 Dollars G. One Year Power Cost: N/A H. Street Trees: By Developer I. Map Checking Fee: $ 210.00 Two Hundred Ten and no/100 Dollars J. Park Fee: Zone II $21,000.00 Twenty-one Thousand and no/100 Dollars K. Water Main Extension Deposit N/A L. Maps and/or Improvement Plans: AS specified in Item 23 of Agreement. AGREEMENT APN # 362-22-19 File: 51,860 STELLING AT ROBINDELL �Tii i a made arra entered into this ��� day of by and between the CITY OF CUPERTI10, a jaua&ipal 'corporation of the State of California, hereinafter designated as CITYgrids GRANT C. GUSTAVSON & PHYLLIS P. GUSTAVSON JACK A. ROSENTHAL & JANE ROSENTHAL hereinafter designated as DEVELOPER. WITNESSETH WHEREAS, the DE =PER has made application to the CITY for a PARCEL MAP AND BUILDING PERMIT to construct and maintain a 2 SINGLE FAMILY DWELLINGS hereinafter referred to as "Project." MMM, CITY hereby approves the it ove mt plans and specifications prepared for the Project by., KIRKEBY & ASSOC. % a true copy of which improvement plans and specifications _are on file in the office'of; the City.Engineer of Cupertino; and WHERFM I `tYie saga `,:are incorporated herein by reference, the same as though set out in fuli NOW, TFREFMI said improvement plans and specifications shall be hereinafter called the "Plans," and the work to be done under the Plans shall be called the "Work." r 2 • WHEREAS, pursuant' to the provisions of this AGREE, the CITY hereby established the , un amots of Bods, Fees, and Deposits as set forth in the following schedule: SCHE= .OF BONDS, FEES AND DEPOSITS Street Improvement Category: PART A. Faithful Performance Bond: THIRTEEN, THOUSAND DOLLARS AND NO/100 $13,000.00 PARC B. Labor and Material Bond: THIRTEEN THOUSAND DOLLARS AND NO/100 $13,000.00 PART C, checking and Inspection Fee: SIX HUNDRED FIFTY DOLLARS AND N0/100 $ 650.00 PAlzr D. Indirect City Expenses: NINETY EIGHT DOLLARS AND N0/100 $ 98.00 PART E. Develcpwnt Maintenance Deposit: ONE THOUSAND DOLLARS AND NO/100 $ 10000.00 PART F. Storni Drainage Fee: ` THREE HUNDRED EIGHTY SEVEN DOLLARS AND N0/100 $ 387.00 PARC G. One Year Power Cost: N/A PAizr H. Street Trees: By Developer PART I. Map checking Fee: �j TWO HUNDRED TEN DOLLARS AND N0/00 $ 210.00 PART J. Park Fee: ZohlFi TWENTY ONE THOUSAND DOLLARS AND N0/100 $21,000.00 PARC K. Water Main Extension Deposit: N/A PART L. Maps and/or Improvement Plans:. As Specified in Item 23 � 1 V q ` NOW, Tt�REFORE, IS;,,.HIMEBY MMIALLY AGREED by and between the parties hereto as,fol_lcxas, WIT.: ,... 1. DEDICATION A. The:j,DEVEIOPER- offers to dedicate the real property shown on Exhibit "A", which is attached hereto and made a part hereof by reference. Said dedicated property shall be free and clear .of all liens or encumbrances except' those which the CITY shall waive in writing. The DEVELOPER agrees not to revoke said offer of dedication, and to keep said offer open until the CITY accepts offer by resolution. B. Upon execution of this AGREMM the DEVELOPER agrees to deliver a properly executed grant deed to the CITY of the real property described in Exhibit "A", and such other executed conveyances, or instruments necessary to eorivey clear title as herein required. The DEVELOPER shall provide, at the DEVELOPER'S sole cost and expense, to the city: (1) A preliminary title report issued by a title insurance company relating to the property offered for dedication. (2) A standard policy of title insurance issued by a title insurance cxampany and insuring the CITY in the sumo of: N/A, ' and which shall , show said property free and clear of all liens or encumbrances, :except those as the CITY shall expressly waive in writing;. said.policy shall be furnished at the time of acceptance of dedication and recordation of deed. C. Upon -the, condition precedent that the DEVELOPER shall perform each and:,:every covenant and condition of this AGR , the CITY �., agrees to accept said'real`property offered for dedication. 2. INSM =ON°0F. It is furdhe, agY ed that: 4 A. The MMELpPER-;shall install and ccanplete the Work within one (1) year from the date of ,execution of this AGREEMERr, or such longer period as may be specifically authorized in writing by the City Engineer. In the event the DEVELOPER fails or refuses to oa plete the Work within the specified period of time, the CITY, at its sole option, shall be authorized to couplete the, Work in whatever manner the CITY shall decide. In::the -event the .CITY .caompletes the'Work, the CITY may recover any and all costs incurred thereby from the DEVELOPER or the DEVELOPER'S surety or both. B. The DEVELOPER shall install and complete the. Work 'in a good and workmanlike manner in accordance with the plans as approved by the City Engineer of Cupertino. The Work shall be done in accordance with existing ordinances and resolutions of the CITY and in accordance with all plans,. specifications, Vis, sizes, lines, and grades appr6ied by the City Engineer. The Work shall be done in accordance with all State and County . Statutes applicable hereto. The decision of the City Engineer shall be final as to whether. any material or workmanship meets the standards, specifications,, ,plans, ;sizes,lines and grades as set forth. C. It is further agreed that the Work shall be done in accordance with the most current Standard Specifications of the Department of Public Works, California Department of Transportation, State of California, and in accordance 'with the specifications of the Cupertino Sanitary District where applicable. Wherever :the' weirs `.„State” or "California Division of Highways" are mentioned in ' 'the.' `'`'State Specifications, it shall be considered as _ .. ref tol",the CI of Publ4 :of .Cupertino; also wherever the "Director" ,or �.rg ."Director Works" is mentioned, it shall be considered as referring to the 'City,Engineer. In case of conflict between the State Specifications and the specifications of the CITY and/or the Cupertino Sanitary District, the specifications `of the CITY and/or the Cupertino Sanitary District shall take preoedence''o�ver'arid be"used in lieu of such conflicting portions. . 3. EXCAVATION PERMIT It is further agreed that the DEMOPER 'shall canply with Section Three of Ordinance No. 130 of the CITY by obtaining an excavation permit from the City Engineer before, therycement of any excavation in, on, or under the surface of any existing public street, lane, alley, sidewalk,, or other public place. It is further agreed that the DEVELOPER shall notify the City Engineer of the exact date and time when the proposed excavation is to ccm ence. 4. QUITC AM L® It is further agreed that the DEVELOPER, when requested by the CITY, shall quitclaim all his riots and interests in, and shall grant to CITY authorization to extract water from the underground strata lying beneath said project ani..,DEVELOPER agrees to execute a "Quitclaim Deed and Authorization" in favor of CITY, when presented to him for signature. 5. BONDS ;AND 0►mm SECURI'T'Y A. Upon `'the execution of this AGREMr, the DEVELOPER shall file with the CITY=a !faith;. performance band to assure his full and faithful performance of this AGEMOC. The penal sum of said faithful performance bond shall be the full cost of any payment to be made under this AGREE ENT, the value_ of any land agreed to be dedicated, and any improvements ., to ;,,be .,,made, under' this AGREEMENT. ' In the event that improvements are to .be made, wrier this AGRMOa, the DEVELOPER shall, in addition to said faithful- performance, file with the CITY a labor and materials bond in a penal sum adequate to assure full payment of all labor and materials required to construct said inpravements. The amount of said bonds shall be =as ,designated by the City M%jineer: :Said ,bonds shall be executed by a surety company authorized to transact a surety business in the State of California and must be approved by the City,Attorney as to form and by the `City Engineer as to sufficiency. In the 'event that the DEVELOPER shall fail faithfully to perform the .covenants and 'conditionsyof this AGREEMENT, .or ,to make any payment, or any dedication of land, or any improvements herein required, the CITY shall call on the surety to perform this AGREEMENT or otherwise indenni.fy the CITY for the DEVELOPER'S failure to so do. I B. In lieu of a,.surety bond, the DEVELOPER may elect to secure this AGUE MU by depositing with the CITY: 1. Cash; or, 2. A cashier's check, or a certified check payable to the order of the City of Cupertino; or, 3. A certificate of deposit, or instnmtient of credit meeting the requirements of Gover7ment Code Section 66499 (b) or (c) - C. The amount of said cash, check, certificate of deposit, or instnment of credit shall be as designated by the City Engineer, and shall be the "tegiivalent:, to that which would have been required had the DEVELOPER irnished the CITY with a surety bond. In the event that the DEVELOPER shall., fail faithfully to perform the covenants and conditions of this AGREEMERr, ,or to make any payment, or any dedication of land, or any improvements herein required, the CITY may apply the proceeds of said security thereto. D. No release of surety bond, cash deposit, check, or certificate of deposit, shall be made except upon approval of the City Council. E. No interest shall be paid on any security deposited with the CITY. 6. CEECKING AND INSPECTION FEE It is further agreed that DEVELOPER shall pay any and all necessary direct expenses for inspection, cheddng, etc., incurred by CITY in connection with said Project, 'and that D-MOPER shall have deposited with CITY, prior to execution of this AGR , the amount as set forth herein at Page 2 (Fart C) . Should construction cost vary materially from the estimate from which said stun is calculated, the City Engineer shall notify DEVELOPER of any additional stmt due and owing as a result thereof. 7. INDIRECT EXPENSES It is further agreed that DEVELOPER shall pay to CITY, prior to execution of this AGREEhERr, indirect expense allocable to processing these improvements,7dE ��� the amount as set forth herein at Page 2 (Part D) . IAP Ss FEE It is further agreed that the MELOPER shall deposit with CITY, prior to execution of this;,AGREEMENT, for office checking of final map and field of street monuments, in compliance with Section 4:1 of checking.,, Ordinance No. , 47 (Revised 12/04/61) of CITY, the amount as set forth herein at Page. 2;e;.(Part:I)..., 9. DEVELOPMENT MAINT'EN ANCE DEPOSIT It is further agreed that the DEVELOPER shall pay to the CITY, prior to execution of this AGREEMENT, the amount set forth herein at Page 2 (Part E) as a development maintenance deposit to insure proper dust control and cleaning during the construction period. The development maintenance deposit may be utilized for repairs of defects and imperfections arising out of or due to faulty workmanship and/or materials appearing in said work during the period until release of the nprovement bonds by the CITY. -Should the DEUMOPER ccomplete the required repairs to the entire satisfaction of the CITY, the unused balance will be returned after the release of the improvement bonds. 10. STORM rPAINAGE FEE It is further .agreed that the DEv=PER shall deposit with the CITY, prior to execution:, of this AGREEMENT, a storm drainage charge in connection ,with said Project in accordance with the requirements established in,Resolution 4422, March 21, 1977; in the amount as set forth herein at Page 2 (Part F) . 11. WATER MAIN E3gI'ENSION DEPOSIT The DEVELOPER . f«rther agrees to deposit with the CITY those monies required to', cgmply. 'with "Policy on Water Main Extensions Work and Deposits" dated 9/30/77. The deposit shall be held by the CITY until said monies are needed -to .implement improvements outlined by the Director of Public Works or, improvements outlined within the adopted Water Master Plan. The amount shown herein at Part K, Page 2, shall be the full amount due. 12. ONE YEAR POWER COST It is further agreed that the DEVELOPER shall pay to CITY prior to execution of this AGREEMENT, the amount as set forth herein at Page 2 (Part G) , which amount represents the power cost for street lights for one year- 13. THE INSTALLATION ATION OF STREET TREES it is further agreed that the DEVELOPER shall, at such time as deemed appropriate by the City Engineer, plant stmt trees in conformance with the standards of the City of Cupertino. Variety of tree shall be selected from the City approved list. 14. PARK FEES It is further agreed that the DEVELOPER shall pay such fees and/or dedicate such, land to, the CITY, prior to execution, as is required within "Park Dedication Ordinance" Number 602, 1972, and which is further stipulated under; Part J, Page 2 herein. r 14-A. VISIONS The value of the land used in establishing the "Park Fee" outlined herein on Page 2, Past J, requires formal confirmation. The CITY shall employ a qualified local appraiser to provide a market value of the land. The City will calculate the "Park Fee" based on the appraisal. The Developer agrees to pay for any deficiency'within, thirty (30) days and the City agrees to refund overage within thirty (30) days. Adjustments shall be made prior to acceptance of the subdivision improvements. 15. MANTANCE: OF WORK It is further agreed that the DE=P-74 shall maintain the Work until all deficiencies in the Work are corrected to conform to the Plans and the City standards and specifications for the Work. The DEVELOPER shall, upon written notice*- `thdreo'f' i, rediatel.y repair or replace, withcut CG`st or obligation to the. City of Cupertino, ctrl to the entire satisfaction of said CI'T'Y, all defects- anti izierfections arising out of or aue to faulty t or.'nnanship and/or maa.ls appearing in said Work It is furtherl`,agreed that the DEVELOPER shall file with CITY,, u=n execution of this' AGUC DINT, a letter from the CLerti.no Sanitary District stat ng that the DEV=PER has entered into a samarate Af.. Ummu with the said District to install sanitary suers to serve all lots within said Project and stati :g that a bond to insure full and faithful performance of the const"Yuct,-.on of the said sanitary seders. and to insure..maintenance of . said sanitary setae--.:.in conformance with, the provisions as-'--set forth.. i h Paragraph 15 above has been filed. 17. CZVatUZ= COLE It is further agreed that DEVELOPER, shall file with CITY, upon te execution of this A , substantial evidence that all provisions of Section 66493, Article 8, Chapter 4 of the Government. Code, pertaining to special assessments or bonds, have been complied with. 18. CEl`FIEtAL FIRE DISTRICT It is further agreed that the DEVELOPER shall file with the CITY, upon execution of this AGR , a letter fig the Central Fire Protection District of Santa Clara County, stating that the DEVELOPER has entered into an Aazm= with said District - to install fire hydrants to serve said Project and stating that all necessary fees have been deposited with said District to insure installation and five (5) year rental fee of said hydrants. 19. PA=C-GAS AND C/PA=C FELL It is further agreed', that the. DEVELOPER shall. pay to Pacific Gas and Electric Company and,/or ,to PA=C E=p, Ccmpany any and all fees required for i rs_ zi i atical of ,cveriiead and/or underground wiring circuits to all electroliers within :,.said property and any and' all fees required for undergrounding as provided-in Ordinance No. 331 of CITY when DEVE=OPER is notified by either the--'City Engineer or the Pacific Gas and Electric Company and/or PA=C*.E{F'TT, Ccmpany that said fees are due arra payable. 7 - e 9 ' 20. EASF1MUS AND RIGHT-OF-WAY It is further agreed that any easement and right-of-way necessary for completion of the Project shall be acquired by the DEVELOPER at his own cost and expense. It is provided, however, that in the event eminent dcanain proceedings are required by the CITY for the purpose of securing said easement and right-of-way, that the DEVELOPER shall deposit with CITY a sum covering the reasonable market value of the land proposed to be taken and to be included in said sum shall be a reasonable allowance for severance damages, if any. It is further provided that in addition thereto, such sums as may be required for legal fees and costs, engineering, and other incidental costs in such reasonable am *±.s as the CITY may require shall be deposited with the City of Cupertino. 21. HOLD HARKLM SS It is further agreed that, 'ccamLeming with the performance of the.Work by the DEVELOPER or his contractor and continuing nui*g until the completion of the maintenance of the Work,; the DEVELOPER shall indeani.fy, hold harmless and defend the CITY from and against any or all loss, cost, expense, damage or liability, or claim thereof, occasioned by or in any way whatsoever arising out. of the performance or nonperformance of the Work or the negligence or willful misconduct of the DEVELOPER or the DEVELOPER'S agents, employees and independent contractors. 22. INSURANCE It is further agreed that: The APER shall take out, or shall require any contractor engaged to perform the Work to take out, and maintain at all times during the performance and maintenance of the Work called for or required to be done hereunder, a policy .of mance naming the CITY and members of the City Council of the- City of Cupertino, individually and collectively, and the officers, agents and employees of the City individually and collectively, as insured. Said separate policy ;, shall provide bodily injury and property damage coverage to the foregoing named CITY and individuals covering all the Work performed by, for, or on behalf of said DEVELOPER. Bath bodily injury and property damage insurance must be on an occurrence basis; and said policy or policies shall provide that the coverage afforded thereby shall be primary coverage to the full limit of . liability -,stated , n the declarations, and if the city, its members of the.; City. .C7ouncil individually and collectively, and the officers, .agents, ,, ;and employees of the CITY, individually and collectively, lnave .other..insuranoe against the loss covered by said policy or policies, that other insurance shall be excess insurance only. The insurance carrier shall provide proof of their ratings. All ratings shall be a minimum"of' "Best A-7" in accordance with ABAG policies. A. Each of said- policies of insurance shall provide coverage in the following minimum amounts: For bodily injury, $100,000 each person; $300,000 each occurrence, property damage, $50,000 on account of any one once with an aggregate limit of not less than $200,000. B. The DE=PER shall file with the City Engineer at or prior to the time of execution of this Alfr by the DEVELOPER such evidence of said foregoing policy or policies of insurance as shall be satisfactory to said City Engineer. Each such policy or policies shall bear an endorsement precluding the cancellation or reduction in coverage . without .giving the City Engineer at least ten (10) days advance notice thereof. C. In the ,event, ,that the Project covered herein should be mutually situated in or affect the area of jurisdiction of a separate municipality or- political subdivision of the State of California, the policies of-'. ' h required herein and above shall co-name succi municipality or political subdivision and the provision set forth herein and above for the protection of the CITY shall equally apply to municipality and political subdivision. 23. NAPS AND/qR ndTDVEMERr PLANS It is further agreed that the CITY shallobtain the following map and/or plans at the DE'VELOPER'S expense: A. A mylar sepia and seven (7) prints of fully executed parcel map. B. A mylar sepia and ten (10) prints of fully executed improvement plans. C. A direct duplicating silver negative microfilm aperature card of all executed improvement plans and map. The DEVELOPER agrees to pay the CITY from the development maintenance deposit the costforall prints of plans and map required under Item 23. 24. a7UCCESSCFF . This AGREEMENT shall bind the heirs, administrators, executors, successor, assignee and transferrees of the DEVELOPER. the assignment of this AGREE shall not be made without approval by the City Council of -the- City of Cupertino. _..._.. ._.. . 5 i (General) STATE OF CALIFORNIA l COUNTY OF SANTA MARA T SS. TOn AUGUST 9, 1989 before me, the undersigned, a Notary Public in and for said State. personally appeared JACK A. ROSFNUTAL, JANE ROSENTHAL, GRANT C W _GUSTAVSON, AND PHYLLIS P. GUSTAVSON I , W W personally known to me(or proved to me on the basis of satisfactory evidence) a r in hr the person S whose names ARE subscribed W to the within instrument and acknowledged that T= vXecuted the same. \1'ITNESS my ha demand official Signalu""'�'' y SANDRA L. ROSE Name (Typed or Printed) OFC-2056 (This area for official notarial seal) 3N WITNESS WfIEPMF, CITY has caused its name to be hereunto affixed by its Mayor and City Clerk, thereunto duly authorized by resolution of the City Council and said DEVELOPER has hereunto caused his name to be affixed the day and year first above written. CITY OF CUPERrn 0 Approved as to forme r - G/ C `Attorney City Cler U DEVELOPER: Notary Ar k mledgment'Required �l - T STATE OF CALIFORNIA ss. On this I R t- day of A l igi i s fi County of Contra Costa in the year One Thousand Nine Hundred and Eighty Nine before me, Salina Chang, a Notary Public in and for the said County, residing therein, duly commissioned and sworn, personally appeared Brad Lorenzetti �`+.'-•"�-�:i�,'�`H���'. .sa�.�'` vii�.+:."'+"a"-,a; OFFICIAL SEAL Attorney-in-Fact t= known to me to be the _:• of The (Etna Casualty and Surety Company, the corporation that executed the NOT��RY PUBLIC�CALIFORNIA CO7 T Y IBLIC CCJNTY within instrument, and to be the officer_who executed the said instrument on My commission expires Oct.17,1992 behalf of said corporation therein named, and acknowledged to me that such corporation executed the same. In Witness Whereof, I have hereunto set my hand and affixed my official seal at my office, in the County of Contra Costa, the day and year in this Certificate first above written. My commission expires SALINA CHAr, NOTARY PUBLIC In and for the County of Contra Costa, State of California .(S-2315) ED. 12-84 PRINTED IN U.S.A. FAITHFUL PERFORMA14CE BOND BOND NO. 5 SB 100585578 BCA PREMIUM $281 .00 KNOW ALL MEN BY THESE PRESENTS: GRANT C. GUSTAVSON THAT WE, ...... ... _ .. as Principal and THE AETNA CASUALTY AND SURETY COMPANY as Surety are held and firmly bound unto the City of Cupertino, State of California, in the sum of THIRTEEN THOUSAND AND NO/ 100 ------------------------------- Dollars ($ 13,000.00 ------------- ) lawful money of the United States, for the payment of which will and truly to be made, we bind ourselves, our heirs, executors, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION of the above obligation is such that, WHEREAS, the Principal has entered into a contract dated August 1, 1989 , with the Obligee to do and perform the following work to-wit: Site improvements for 2 Spec Homes sidewalks, gutters, handicap ramps, driveway approaches, street resurfacing NOW, THEREFORE, if the said Principal shall well and truly perform the work contracted to be performed under said contract, then this obligation shall be void; otherwise to remain in full force and effect. IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety this 1st day of August 19 89 . (To be signed by Principal and Surety and acknowledgment.) Principal Urant C. Gustayson THE AETNA CASUALTY AND SURETY COMPANY Surety aAttorney-in-Fact Bra .Lorenzetti. The above bond is accented and approved this 1st day of August 1989 r THE/ETNA CASUALTY AND SURETY COMPANY - r . H d,Connecticut 06115 LIFE&CA,SUALTY POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEY(SHN-FACT KNOW ALL MEN BY THESE PRESENTS,THATTHE.,ETNA CASUALTY AND SURETY COMPANY,a corporation duly organized under tha laws of the State of Connecticut,and having its principal office in the City of Hartford,County of Hartford,State of Connecticut,hath made,constituted and appointed,and does by these presents make,constitute and appoint Alison G. Coolbrith, Richard Schultz, Stephan J. May, J. M. Laird, Tawnie L. Riparetti, Margaret Kennedy or Brad Lorenzetti - - of Walnut Creek, California itstrueandlawful Attorney(s)-in-Fact,with full powerand authority hereby conferred to sign,execute and acknowledge,at any place within the United States,or,if the following line be filled in,within the area there designated ,the following instrument(s): by his/her sole signature and act,any and all bonds,recognizances,contracts of Indemnity,and otherwritings obligatory in the nature of a bond, recognizance,or conditional undertaking,and any and all consent incident thereto and to bind THE/ETNA CASUALTY AND SURETY COMPANY,thereby as fully and to the same extent as if the same were signed by the duly authorized officers of THE kTNA CASUALTY AND SURETY COMPANY,and all the acts of said Attomey(sl-in-Fact,pursuant to the authority herein given,are hereby ratified and confirmed. This appointment is made under and by authority of the following Standing Resolutions of said Company which Resolutions are now in full force and effect: VOTED:That each of the following officers:Chairman,Vice Chairmen,President.Any Executive Vice President,Any Senior Vice President,Any Vice President,AnyAssistant Vice Presiden4Any Secretary,Any Assistant Secretary,may from tima to time appoint Resident Vice Presidents,Resident Assistant Secretaries,Anomeys-in-fact,andAgenta to ectfor and on behalf ofthe Company and may give any such appointee such authority as his certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds,recognizance%contracts of indemnity,and otherwritings obligatory in the nature of a bond,recognizance,or conditional undertaking,and any of said officers or the Board of Directors may at any time remove any such appointee and revoke the power and authority given him. VOTED:That any bond,recognizance,contractofindemnity,orwriting obligatoryin thenature ofa bond,recognizance,orconditional undertaking shall be valid and binding upon the Comparty when(a)signed by the Chairmen,the Vice Chairmen,the President,an Executive Vice President,a Senior Vice Presidertt a Vice President,an Assistant Vice President or by a Resident Vice President,pursuant to the power prescribed in the certificate of authority of such Resident Vice President,end duly attested and aided with theCompany's seal by a Secretary or Assistant Secretary orby ,a ResidentAssistentSecretery,pursuantto the power prescribed In the certificate of authority of such Resident Assistant Secretary;or(b)duly executed(under seal,if required)by one or more Attomeys-in-Fact pursuant to the power prescribed In his or their certificate or certificates of authority. This Power of Attorney and Certificate of Authority is signed and sealed by facsimile under and by authority of the following Standing Resolution voted by the Board of Directors of THE ETNA CASUALTY AND SURETY COMPANY which Resolution is now in full force and effect: VOTED: That the signature of each of thefollowing officers:Chairman,Vice Chairman,President,Any Executive Vice President,Any Senior Vice President,Any Vice President,Any Assistant Vire President.Any Secretary,AnyAssistent Secretary,and the seal of the Company maybe affixed by facsimile to any power of attorney,or to any certificate relating thereto appointing Resident Vice Presidents,Resident Assistant Secretaries or Anorneys-in-Factforpurposes only of executing and attesting bonds and undertakings and otherwritings obligatory in the nature thereof,and any such power of anomey,or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding upon the Company in the hlture with respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF,THE jGTNA CASUALTY AND SURETY COMPANY has caused this instrument to be signed by its Assistant v ice President and its corporate seal to be hereto affixed this 6th da or October 19 88 THE AFNAU TY SURELY COMPANY � t:E.'jliCG6t�' State of Connecticut J eph T. Kiernan County of Hartford, 1 as.Hartford Assistant Vice President 1 On this 6th day of October ,19 88 ,before me personally came JOSEPH P. KIERNAN to me known,who,being by me duly swum,did depose and say:that he/she is Assist&Ut Vice President of THE kl'NA CASUALTYANO SURETY COMPANY,the corporation described in and which executed the above instrument;that he/she knows the seal of said corporation;that the seal affixed to the said instrument is such corporate seal;and that he/she executed the said instrument on behalf of the corporation by authority of his/her office under the Standing Resolutions thereof. 419- el- Ze�llii %" •'P My wmmi n expires March 31.19 91 atary Public CERTIFICATE George A. Perry, Jr. I,the undersigned, Secretary of THE ETNA CASUALTY AND SURETY COMPANY,a stock corporation of the State of Connecticut,DO HEREBY CERTIFY that the foregoing and attached Power of Attorney and Certificate of Authority remains in full force and hasnot been revoked:and furthermore,that the Standing Resolutions of the Board of Directors,as setforth in the Certificate of Authority,are now in force. Signed and Sealed at the Home Office of the Company,in the City of Hartford,State f Co icut Dated this IST day of AUGUST 19 89 ;;,• By ohn W. Welch, Secretary .IS-1921•E)IMI 3.79 "••"^" PRINTED IN U.SA LABOR AND MATERIAL BOND BOND NO. 5 SB 100585578 BCA PREMIUM INCLUDED KNOW ALL MEN BY THESE PRESENT: WHEREAS, the City of Cupertino, State of California, and GRANT C. GUSTAVSON hereinafter designated as "Principal" have entered into or are about to enter into a contract providing for the installation, construction, and erection by Principal of certain improvements more particularly described in said contract; and incorporated herein by reference. WHEREAS, said Principal is required to furnish a bond in connection with said contract, providing that if said Principal, or any of his or its sub- contractors, shall fail to pay for any materials, provisions, provender or other supplies or teams used in, upon, for or about the performance of the work contracted to be done, or for any work or labor done thereon of any kind, the Surety on said bond shall pay the same to the extent hereinafter set forth; NOW, THEREFORE, we, the Principal, and THE AETNA CASUALTY AND SURETY COMPANY as Surety, firmly bind ourselves, our executors, administrators, successors and assigns, jointly and severally, unto the City of Cupertino; and any and all materialmen, persons, companies, or corporations furnishing materials, provisions, provender or other supplies used in, upon, for or abut the perfor- mance of the aforesaid work contracted to be executed or performed under the contract hereinabove mentioned, and incorporated herein by reference, and all persons, companies or corporations lending or hiring teams, implements or machinery, for or contributing to said work to be done, and all persons who perform work or labor upon the same, and,all persons who supply both work and materials, whose claim has not been paid by Principal or by any other person, in the just and full sum of THIRTEEN THOUSAND AND NO/100 -------------------- - ------------------------------------------------------------------------------ ----------------------------------------------- ($ 13,000.00 ----------- � . THE CONDITION OF THIS OBLIGATION IS SUCH THAT if said Principal, his or its subcontractors, heirs, executors, administrators, successors or assigns, shall fail to pay for any materials, provisions, provender or other supplies or teams used in, upon, for or about the performance of the work contracted to be done, or for any work or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, or any and all damages arising under the original contract, then said Surety will pay the same and also will pay in case suit is brought upon this bond, such reasonable attorney's fee as shall be fixed by the court. This bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Section 1184.1 of the Code of Civil Procedure, so as to give a right of action to them or their assigns in any suit brought upon this bond. STATE OF CALIFORNIA ss. On this l s r day of Augu n t County of Contra Costa in the year One Thousand Nine Hundred and Eighty Nine before me, Salina Chang, a Notary Public in and for the said Countyyt residing therein, duly commissioned and sworn, personally appeared Brad LOrenzetti known to me to be the Attorney—in—Fact / O, FIC n SEAL � of The lEtna Casualty and Surety Company, the corporation that executed the ?,J within instrument, and to be the officer_who executed the said instrument on i I�°(:u �}'i "� NOFf,ii%FU JC C LIFCkPaA behalf of said corporation therein named, and acknowledged to me that such CC TPA COSTA CQUPM My commission expires Oct.17,1992 corporation executed the same. In Witness Whereof, I have hereunto set my hand and affixed my official seal at my office, in the County of Contra Costa, the day and year in this Certificate first above written. My commission expires SALINA CH NOTARY PUBLIC In and for the County of Contra Costa, State of California ,(S-2315) ED. 12-84 PRINTED IN U.S.A. Labor and Material Bond Page 2 And the said Surety, for value received, hereby stipulates, and agrees that no change, extension of time, alteration or addition to the terms of the contract or to the work to be performed thereunder or the specifications accompanying the same shall in any wise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alter- ation or addition to the terms of the contract or to the work or to the speci- fications. IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety. this 1st day of August 1989 (To be signed by Principal Principal Grant C. Gustayson and Surety. Notary acknowledgments required.) THE AETNA CASUALTY AND SURETY COMPANY Surety BYG _ Attorney-in-Fact BRAD LORENZETTI The ab,ove bond is accepted and approved this 1st day of August 19 89 6/17/85 / THE AETNA CASUALTY AND SURETY COMPANY jai He !,Connecticut 06115 . - LIFE&CASUALTY `F POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEY(SHN-FACT KNOW ALL MEN BY THESE PRESENTS,THATTHE ETNA CASUALTY AND SURETY COMPANY,a corporation duly organized under the laws of the State of Connecticut,and having its principal office in the City of Hartford.County of Hartford,State of Connecticut,hath made,constituted and appointed,and does by these presents make,constitute and appoint Alison G. Coolbrith, Richard Schultz, Stephan J. May, J. M. Laird, Tawnie L. Riparetti, Margaret Kennedy or Brad Lorenzetti - - of Walnut Creek, California ,itstrue and lawful Attomay(s)-in-Fact,with full power and authority hereby conferred to sign,execute and acknowledge,at any place within the United States,or,if the following line be filled in,within the area there designated the following instrument(a): by his/her sale signature and act,any and all bonds,recognizances,contracts of Indemnity,and other writings obligatory in the nature of a bond; recognizance,or conditional undertaking,and any and all consents incident thereto and to bind THE(ETNA CASUALTY AND SURETY COMPANY,thereby as fully and to the same extent as if the same were signed by the duly authorized officers pursuant to the authority herein given,are hereby ratified and confirmed. This appointment is made under and by authority of the following Standing Resolutions of said Company which Resolutions are now in full force and affect: VOTED:That each of the following officers:Chairman,Vice Chairman,President,Any Executive Vice President,Any Senior Vice President,Any Vice President,AnyAssistant Vice President,Any Secretary,Any Assistant Secretary,may from time to time appoint Resident Vice Presidents,Resident Assistant Secretaries,Attomeys-in-Fact,and Agents to act for and an behalf afthe Company and may give any such appointee such authority as his certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds,recognizancas,contracts of indemnity,and otherwritings obligatory in the natureaf a bond,recognizance,or conditional undertaking,andany of said officers or the Board of Directors may at any time remove any such appointee and revoke the power and authority given him. VOTED:That any band,recognizance,contract ofindemnity,orwriting obligatory In the nature ofa bond,recognizance,or conditional undertaking shall be valid and binding upon tho Company when(a)signed by the Chairman,the Vice Chairman,the President,an Executive Vice President,a Senior Vice President,a Vice President,an Assistant Vice President or by a Resident Vice President pursuant to the power prescribed in the certificate of authority of such Resident Vice President,and duly attested and saaled with the Company's seal by a Secretaryor Assistant Secretary or by a RasidentAssistarttSecretary,pumuantto the power prescribed in thecerdficate of authority of such Resident Assistant Secretary;or(b)duly executed(under seal,if required)by one or more Attomeyedn-Fact pursuant to the power prescribed in his or their certificate or certificates of authority. This Power of Attomsy and Certificate of Authority la signed and sealed by facsimile under and by authority of the following Standing Resolution voted by the Board of Directors of THE.,ETNA CASUALTY AND SURETY COMPANY which Resolution is now in full force and effect: VOTED: That the signature of each afthe following officers:Chairman,Vice Chairman,President,Any Executive Vice President Any Senior Vice President,Any Vice President,Any Assistant Vice President,Any Secretary,AnyAsaistant Secretary,and the seal of the Company maybe affixed by facsimile to any power of attorney or to any ceNfleata relating thereto appointing Resident Vice Presidents,Resident Assistant Secretaries or Attomeys-in-Factforpurposes only of executing and attesting bandsand undertakings and otherwritings obligatory in the nature thereof,and any such power of attorney or certificate bearing such facsimile signature arfaoimile seal shall be validand binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF,THE 4ETNA CASUALTY AND SURETY COMPANY has caused this instrument to be signed by its Assistant Vire President and its corporate seal to be hereto affixed this 6th day o October 19 88 ;::row••, � I THE ,AFNA U TY SURETY COMPANY cEuLuc� State of Connecticut J eQh K. Kiernan County of Hartford ss.Hartford Assistant Vice President On this 6th day of October ,19 88 ,before me personally came JOSEPH P. KIERNAN to me known,who,being by me duly swam,did depose and say:that he/she is Assistant Vice President of THE)ETNA CASUALTYAND SURETY COMPANY,the corporation described in and which executed the above instrument;that he/she knows the seal of said corporation;thatthe seal affixed to the said instrument is such corporate seal;and that he/she executed the said instrument on behalf of the corporation by authority of his/her office under the Standing Resolutions thereof. as Y" - ''6■���.` My commissitin expires March 31,19 91- —- atary Public CERTIFICATE George A. Perry, Jr. I,the undersigned, Secretary of THE.,ETNA CASUALTY AND SURETY COMPANY,a stack corporation of the State of Connecticut,DO HEREBY CERTIFY thatthe foregoing and attached Power of Attorney and Certificate of Authority remains in full force and has not been revoked;and furthermore,that the Standing Resolutions of the Board of Directors,as setforth in the Certificate of Authority,are now in force. Signed and Sealed at the Hama Office of the Company,in the City of Hartford,State f Co icor.Dated this IST day of AUGUST 19 89 / ,' Secretaryh l W W. Welch,AS-1921-0AS-1921-0(MI 3-79 „••, ohn PRINTED IN U.SA x ACORD^QERTIFICATEOF INS iNCE (ACORD25S - 0-3/88) ��-�----�---�������������������������������������������������������������������� " THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS MO RIGHTS UPON THE CERTIFICATE HOLDER. -THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. NAME AND ADDRESS OF AGENCY: COMPANIES AFFORDING COVERAGE: BAY AREA INSURANCE AGENCY 2882 SAND HILL ROAD COMPANY A: AETNA SUITE 104 MENLO PARK, CA 94O25 COMPANY B� COMPANY C: NAME AND ADDRESS OF INSURED: GUSTAVSON`GRANT C. COMPANY D: 1421 KINTYRE WAY SAN JOSE,CA. COMPANY E: 95129 ===== COVERAGES ========================================= ========== THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT,, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN. THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL TERMS, EXCLUSIONS, AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. LIMITS OF LIABILITY COMP TYPE POLICY NUMBER IN THOUSANDS (000) LETTER OF INSURANCE EFFECTIVE/EXPIRATION DATE A GENERAL LIABILITY 05ACM5256853 X COMMERCIAL GENERAL 08/19/88 TO 08/19/89 LIABILITY GENERAL AGGREGATE: CLAIMS MADE X OCCURRENCE PRODUCTS COMP/8PS AGG: $ 2,000 X OWNERS & CONTRACTORS PROTECTIVE PERSONAL & ADVERTISING INJURY-. EACH OCCURRENCE: $ 1 ,000 FIRE DAMAGE (ANY 1 FIRE) .- $ 50 MEDICAL EXPENSE (ANY 1 PERSON) : $ 5 , AUTOMOBILE LIABILITY ANY AUTO TO CSL.- ALL SL�ALL OWNED AUTOS BI -. SCHEDULED AUTOS (EACH PERSON) HIRED AUTOS WON-OWNED AUTOS BI : GARAGE LIABILITY (EACH ACCIDENT) PROPERTY DAMAGE: ACCR L CERTIFICATE OF INSURANCE — PAGE i LIMITS OF LIABILITY COMP TYPE POLICY NUMBER IN THOUSANDS (000' LETTER OF INSURANCE EFFECTIVE/EXPIRATION DATE EA. OCCUR./AGGREGATE EXCESS LIABILITY TO OTHER THAN UMBRELLA FORM WORKERS COMPENSATION AND *STATUTORY EMPLOYERS'' LIABILITY TO ACH ACCIDENT-. DISEASE POLICY LIMIT: DISEASE EACH EMPLOYEE: OTHER TO DESCRIPTION OF OPERATIONSfLGCATIGNSI'VEHICLES/SPECIAL ITEMS =- L E 01 ! NAMED 1—T w _. „.. �'r.� D A_.�.'t ' S 1 5 P i .. .,.�..�1�l E .i.. `", 1 i� s s 3...W. a.. ._.1_.:: !-6'. ....__ G.•s... '. .!.1" .. ..:l...f l:_. s'.�..:_..x..!_... . ..:..! _.r r 5.....r_ .t. s:,F..s.._ J. `•;::. .. ...... CANCELLATION ---- -------------- SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF,g THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 10 DAYS WRITTEN NOTICE TO THE BELOW NAMED CERTIFICATE HOLDER,, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY, ITS AGENTS OR REPRESENTATIVES. CERTIFICATE HOLDER ______________________________________________________ T..'ll"Y 01:: ('--(11:::'i_R'l-:i:i`.ii:l DATE ISSUED. UT R I ZED RE ° tESE s A 1 VE Al-15-09-'39 I dED 11:46 I D:BRY RRER INS TEL NO:#415 854-9757 #996 P02 s . Alf ti reg,emct re fits es,are In thousands q 1 NAME GOAAPANY Finaancial $004 Profnabil,! Tdst; Lav4Yss Tests L+=.Uidi Tt3ata GrQUP Affiliation - M,3iIMrg Address 9ir4Gt Net filet 7otm Palley- 1,101 Return °ds't j r;,e��t. 8s8nnBus. Carrisr;lJbttn� Pramlurns Pre Tums Ll�irstin} ALlmitlgd feotdtrrg q, -_, fF; �raE_ +; rr st n rt hr Principal Li trs of Baslnesa Year 4Vrltten Written IlConla Asi�ts Surplus ddStia IfF c P;; f PH'S t-6 va i LQ°ter m9 i! ,ic�itp Levi g Pr4:ident Ttiepttorta fr ArrBtryE, 0 5 -l0 1v z.o�.0 S rJ S.v 1.,.r 1.c 90,126 t gb '4 AVRIATIRC INSURAME MPAHY(G-E) 3420Sft,mAWL*Suit&300 19$2 1,254 1:222 -32 2,196 1,036 105.9 -3,2 -2.9 112 2.3 2.5 i6'a.,"--, htetmrkt,LA 10002 1533 2,814 2,41$ 63 2.91 l 1,324 165.8 2.6 6.4 18 3.0 F- 172.4 r.8 HA.3 1980;$tey:,q:Aker 1584 1,970 2,41T 80 3.09$ 1,571 +06.5 4.2 5.9 1:3 23 2.G 3766.1 3.1 WA-3 'I Autd hys,Rw6ur�e 1965 4,085 4.177 74 4,908 1,823 96.0 ',2 4.6 p.3 4 sry 4.4 137.3 4.5 H."A <' 1986 ,70,509 10.141 191 10,082 2,514 95.0 2.3 19;.5 4.0 T:b 7u 1t^. 1' AllUxvrr Citrro;!r„P(saSticst _ g ,a NA-3 544 455-72�i c2664 2986 let's Fkaax,W€ae Caepy. . . . . . . . . .. .. . . . . . . . . .. .. . III AEGIS SECURITY IN31MANCE CO 1962 1,878 1.658 347 3,713 2,541 79.0 15,5 13. ; 1.1 1. 2=7:5 5 5 A &fisWr2589 tarPA 17110 1983 3,141 2,575 316 4,092 2,756 82.0 12:4 13:2 i.9 1977 urs PA 17110 1:4 2.9 2=-'s:a 2.5 A 197T,StaR:A 1986 5.322 3.013 321 5,144 3,040 856 10.6 118 1.� 1.9 3,6 155.3 8.7 A H=xMGMP,AuNA o, s 1385 21.462 7,9fi3 98 8,568 3.155 44,3 1.6 3:7 2.5 4.3 6 7 112.9 17,7 A (!Wet E.ft 0,prtsa7drral 1986 13,464 8.959 681 12,750 5,301 40.1 813 22:3 1.1 .:1 5.3 i36.3 13.5 A 717-657.9671 03716 1986 Beat's L= rgv LlWty Tests Adplstad fir ftGtipg,ga*sls. . . .... ...... . .. ... . 1.4 2.5 4.4 153:3 11.5 IV AE130N REIMRANCE COOP AME11 tew1982 14.783 1,182 52,759 20,027 114.7 8.2 91.9 0:7 2.4 '• 115.0 1L6 A 127 York, ID0 1983 ... I3;310 379 80,572 20,165 119,4 1.9 4.6 las 29 ,3 1i4.5 11.4 A f Park,NY 1003$ 1984 27,344 -3:$31 69,757 19,54$ 132:8 -15.9 -I 55 1.4 .G, 5.3 94.5 29.4 A 1577:SiaTk:& rx 19$5 433,409 -4,214 84,340 17,641 124.2 -10,7 12.3 2.5 6,4 €.0 L:+s.c1 10.0 Peter J,, , � a+ t TiPtc� 1986 35,341 11189 113,169 35,663 107.8 3.1 45.0 1.0 l'. 3.7 13:.3 10.0 A 0 r 1 1986 OWI,LA'MW 8 LiWp*Tests Adjusted Tar Ratans An*sla. . . .. . .. . . . . . . . . . . . . O8 2.4 2.9 145.2 8.2 t3 AETNA CASUALTY AND SURETY CO qAll Aetna L'rls G Casue!ty Group 1`182 2,614,974 2,793,2$1 -12,121 7,351,937 1.354,970 '17.9 -0.4 -3:9 2.17.1 S8 2 65.5151 Farmk gg O a Avg 19$3 2;893,210 2 959,255 -1,540 7,605,217 1,3.b,C48 115.2 0.t -':Z 2'' S. 7.6 8e.7 65.9 tfartlwd,C]24156 1984. 3,041,$1,°, 3,073.453 -25,087 7,$6$,968 1,252.910 120.4 -0.9 -13.€ ',5 7.7 B.a g},9 '4.21507 t Steck.A gy -1965 4,080,20$ 3,380.322 -34,853 8,685,243 1,523,602 118.2 -1.1 2.1 2.2 6,9 8,3 iD,,A 5,82& - 1986 5,508,574 4,118,848 332,734 9,930,902 2,109,179 110.2 8.0 3_.2 `an _ "_ Jtrrk+i T.Lym, sn�.A ,ys,031,7360 -.. 5..: 7.0 95:4 35.0 A VSs- 125 Cvinrrw 67x3 Preskkmt 020 1936 Baars L &Liquidity Testa Ad fed tar 806^19 Ana4 ala. ,. . . .. .. 203- 3-0123 02001 � y • , • ,•+ 1.6 5,1 6.2 119.3 25,0 fid- Ashss Life A qty Gr�tlp 1932 898 $95 263 11,508 5.875 1.3 .f 4.7 4.7 0,2 0.4 0.4 455-r 14.0 161 F V,g�tw Avawa 1983 1,327 1,326 160 8,035 6.435 127:5 2.7 17 0.2 0.6 n a 39 ,• n HertfarordCY05156 1984 1,174 1.173 -258 8.716 5,777 Z 6.0 :3 4.3 0,2 6"' a 13:7 0-7 237-.7 6.1 A 1974:Stack:Agency 1985 1.422 1,370 811 9,159 6.088 11012 5-4 5.4 0.2 0.7 0.7 297.3 3.`• A Autrl ,AubPnys 06311 1986 2,188 2,182 288 9,830 6,376 107.3 4,7 4.7 Cas 0.9 0.9 277.8 1.3 A 203273 6,23 BurEaa.P giant 03609 1986 gst'a Lavas-e A tTqu dity Tests Adjusted for RathS Arjy,4.. ... .. . ,. . . . . . . . .. 313.0 1.6 fY AEMA CASUALTY S SURETY 14 + Aelm Life&Crsria!ty Grip 1982 75,367 334,686 27,925 1,453.805 194.906 115.5 8.6 20:0 1:8 9 6.3 115.1 53.66 A 6 E IWO310stnue 1983 67,966 323,248 25,023 1,126.939 202.$41 118.3 7.8 613 La 6.42 =}.1 115.- 78.4 A p Owmer€Grat4,IL 60515 1984 70,124 329,214 36,168 1,215,637 238,442 120.5 11.9 17:5 1 a 5. 5.5 1173 651 A p 1971:5tr .:Agcy 1985 106,855 426,202 27.84t 1.401,883 269,169 118.4 7.0 17.8 14 5-8 5.9 11 SS ?1.3 A 0 AuWib,GrgA&H,iYWkGINt1p,carlimp 1086 142,471 467,541 59,172 1,569,960 348,6!1$ 111,3 13.0 29.5 1.3 4.8 4-8 12o.6 32? A Fl ' Pa rt 1,Cistk Pra matt ,986 € et L A � Tasta Adklsted b PO4-tS ArWyAl . . . , . ., ... ..=.. . . . . . a- 312-QTt-4700 66466 �.� ..6 4.1 5.2 119-9 25.8 IV i AETNA FIRE UNDERWAIMRS(CT) CIGNA Group 1382 218,211 704 11,695 I1,619 6.4 6.4 7.7 999.9 20.2 A D 1600 Arch Stag 1983 20,638 16,595 -272 61,620 10,668 123.4 -2.3 -9.2 1.6 31 9.7 1"3.6 22.6 A p 1`114"04,PA 19103 1984 210,062 20,607 -1,453 45,032 9,151 134.0 -8.1 -14.2 2.3 6.2 13:3 146,4 34 2 A p 1"2:StoEk-B.. 1985 84,210 6.728 4,392 43,343 20,776 143.2 45.7 53-4 03 1:4 1-9 17.9 217 A CO t,'ar FFP,lv*CwT,,p,Av ,4VUb 1986 62,414 12,071 2,658 46:573 23.420 107.0 12:8 12.77 0.5 _-v [ 177:; 62 A cp Oatd J:Prxs Isa PrasLdxlt 1986 WiL Leverage& di Teats Adjusted Ix I�etltg AnNysis. ... , .. .. . . 215-241-4000 02109 � H4" hY • • •• • • • • • 16.4 4.42 6:1 104 t 19.6 yrd i AETNA IMURAKE COMPANY(CT) 3i MSHAr3t'aLp 1932 589.191 907.924 32,649 3,434,381 440,943 1344 49 28.0 2.1 8:8 10.3 97.7 94:8 A e 1600 Ann StrHa1 1983 296,347 796.43$ -93,539 3.732,062 408,694 150.0 -15:1 -2.0 1.9 10.1 11.5 98.77 97.7 A 9 i P1;43d2tp1•4PA19103 LOS& 244,601 833,993 ^150:31,7 4.028.957 429,664 163.3 -17:4 -28,3 2.0 10.4 1?:'-? a`.2 77.7 A p 1819:$Wck:A 1985 390,763 1,233,367 -348,616 4.993,177 419,890 116.5 -3910 -53.5 2.9 L'.3 16.2 2&-i 76.9 A cp Com°1AW AM" 1986 395,172 1,281,443 -34,936 5,437,235 617,231 135.9 -216 23,42 2.5 120 13.42 sO,7 46.8 A cp "`4 1' �l 1986 ba4es L G UhOJRY Teats Adjusted for Aril g. . . . . . . ... .... ... . .. 1 215-241000 O1S35 S Ys+ 9 Q, 6,1 04 3 13.64 AMA M CO Of THE UMW93T CIGNA Gmup 1982 5135$ 5,392 1.960 39.664 19,282 107.7 1210 11.5 0.3 Ib 1:0 23:.1 30.5 A p 1600 Ad,Sit 1983 4,946 30,262 -1.12B 63,470 16,897 120,9 -4,9 -7.6 1.8 4.5 6.5 116.2 29-0 A p F 00,PA 19103 1984 $,422 32,658 -1,109 73,77015,310 134.7 .3-7 --G-.4 2.1 0 6.70 105.7 5 5 A 9 1972:Stock;Agdtty 138`1 14.494 45,100 -10,235 97,5538 12,446 146.1 -26.6 -64.4 3:6 10.5 10.5 86..3 41,5 A ep CoffJW.WWACassp,Ad 1096 10,390 4$ 84 4,454 111,048 1&,409 107,0 9.0 51,8 219 C,7 8.7 918 19 2 A tp Gard J.PresrP�1'o>trden! IN 215.2414000 04854 1986 1 a LrvOrts S 1Jyu6ry Taata Adjusted Ira Rstlng AMM. . . .. . . . . . . . . .. . . . . . 14 4-3 ,1 13 4 r 19-6 AETNA LIFE AND CASUALTY CO Anna M&Cmudty G=p 1.982 0 531,501 -1,448 4.666.277 3,040.168 114.6 -0,1 -4.4 0.2 0.6 0.6 76.1 5,7 A C 151 Fatr+t M Avar� 1983 116 550,580 197,356 4,465,936 2.842,101 113.2 6:6 2.8 02 b.7 0:7 "y,& 4 a A e Hartford,CT 06156 1284 50 600.795 314.733 4,260,919 2,470,417 118.5 11.1 -3.4 012 0:9 0.9 X3.5 3,2 A It 1967:$mtk1985 0 734,950 362.558 4,673,716 2,871,813 114.8 14,7 9.0 0.3 J6 4:y 74.6 1.1 A Avmltr�Yd nP,Au x,0t114b 1986 0 892,152 387,065 5,515,365 3,598.173 106.6 13.5 27,6 0.g 0.8 0.8 8.15 IA A a J-273_.Lys Chs{m 9 E eattl06 1986 Sara tom. 7S t Tests AOj wd far 1lAtiryl Am*sia, , ,. 1 . . . .. . . . . . . . . . . t a,�9 17.2 xv 203-273-0123 05999 ' "Y _.8 4-' S:T "r--' 1ERRi NT,SEE SECTM IN REAR OF HWK 5 4. r t,M,.•'.tY.i 1r y ;�, 'r'• ..fZ��!t�'- 37 a ` a��o .;, f �r � § ��� �4±� .i�, 'r�; �k,1�fir � _•�=.. � t