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.......��.- . <br /> Paragraph 1 above. <br /> 5. Time is of the essence of this agreement; provided, __ <br /> however, that iri the event good cause is shown therefor to City <br /> by Subdivider, City may extend the time in which the aforementioned � <br /> improvements may be made and completed under this agreement; <br /> provided�, however, that said extensions of time , if any, may <br /> be granted without notice to the surety, escrow agent or <br /> guarantor and any extensions so granted shall not relieve the <br /> surety, escrow agent or guarantor of any responsibility or <br /> gizarantee and shall not affect the bond, deposit or instrument <br /> of credit given to secure Subdivider ' s performance under this <br /> agreement. City shall be the sole and final judge of whether <br /> or not good �cause has been shown to entitle Subdivider to an <br /> � extension of time hereunder. Subdivider shall provide a copy � <br /> of the agreement to surety or otherwise inform surety of the <br /> above extension provisions of this agreement. <br /> 6 . All pipes and monuments shown on the parcel map , <br /> hereinafter referred to which are destroyed or displaced during • <br /> construction operations shall be replaced by Subdivider at the time <br /> of the final inspection of the improvements hereunder by City. <br /> 7 . It is agreed that title and ownership of all improvements <br /> constructed for the benefit of City hereunder by Subdivider shall <br /> vest absolutely in City, upon completion and acceptance of such <br /> improvements by City. <br /> 8 . Al1 work provided for in this agreement and more <br /> specifically described in. the plans and specifications herein <br /> referred to shall be subject to approval and acceptance by the <br /> � 6 <br />