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or reconstruct any defective or otherwise unsatisfactory part or <br /> parts of the improvement or work. Should Subdivider fail to act ---. <br /> promptly to make such repair, replacement or reconstruction or <br /> to otherwise act in accordance with this requirement to repair, <br /> replace or reconstruct, or should the exigencies of the case <br /> require repair, replacement or reconstruction to be made before <br /> Subdivider can be notified, the City may, at its option, make <br /> the necessary repair, replacement or reconstruction or perform <br /> the necessary work and Subdivider shall pay to City the actual <br /> cost of such repair plus fifteen percent (15$) . <br /> 10. Subdivider agrees, as a condition precedent to the <br /> acceptance of any of the improvements which are the subject of <br /> this agreement, to furnish and file with the City Clerk a good <br /> ' and sufficient bond, deposit or instrument of credit in the � <br /> amount of Seven Thousand Nine Hundred and No/100 Dollars <br /> ($7, 900. 00) , for all expressly conditioned to secure Subdivider' s <br /> compliance with the provisions of Paragraph 9 hereof, for a period <br /> of one (1) year after final acceptance of the work done under this ' <br /> agreement: ' <br /> 11 . Subdivider shall deposit� with City the sum of <br /> Seven Thousand Two Hundred-thirty and No/100 Dollars ($7 ,230. 00) , <br /> for all engineering, inspection, plan check, laboratory and field <br /> testing, construction, and other services furnished by City in <br /> connection with the subdivision. Subdivider understands that the <br /> aforementioned sum is an estimate and further agrees to pay to City <br /> the actual cost of providing such services, in accordance with the <br /> formula and schedule described in Paragraph 2 of the Resolution <br /> . 8 <br />