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RecDoc 95-056722
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RecDoc 95-056722
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Last modified
8/16/2016 11:13:37 AM
Creation date
8/16/2016 11:11:36 AM
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agmt Ventana del Mar Unit No. 1
Doc Num
95-056722
Rec Date
6/2/1995
Parties
Legacy - Redwppd Shores L.P.
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o. <br /> DES : djk ' 01 / 95 ( 022 / 66 ) <br /> 5 <br /> necessary repair , replacement or reconstruction or perform the <br /> necessary work and Owner shall pay to City the actual cost of <br /> thereof plus fifteen percent ( 15 % ) . <br /> Notwithstanding any provision to the contrary as set forth <br /> in this Agreement , Owner shall not be responsible for repair , <br /> replacement , or reconstruction of any Improvements , necessitated <br /> by Acts of God , acts of third parties ( other than Owner , its <br /> agents , employees or contractors ) beyond Owner ' s ability to <br /> control , civil emergencies , natural disasters , or similar acts or <br /> events . <br /> 9 . SECURITY TO INSURE GUARANTEE . Owner agrees , as a <br /> condition precedent to City ' s acceptance of any of the <br /> Improvements which are the subject of this agreement , to furnish <br /> and file with the City Clerk a bond or deposit in the amount of <br /> Two Hundred Thirty Thousand Two Hundred and No / 100 Dollars <br /> ( $ 230 , 200 . 00 ) for all expressly conditioned Improvements to <br /> secure Owner ' s compliance with the provisions of Paragraph 8 <br /> hereof , for a period of one ( 1 ) year after final acceptance of <br /> 'c) <br /> the work done under this agreement . (1.71 <br /> CD <br /> dti <br /> 10 . DEPOSIT FOR PLAN CHECK AND INSPECTION . Owner shall <br /> deposit with City the sum of Sixty-eight Thousand Two Hundred and ,. <br /> No / 100 Dollars ( $ 68 , 200 . 00 ) ( " Deposit " ) , less all amounts Ns) <br /> previously paid City by Owner for such services , to compensate <br /> City for all engineering , inspection , plan check , laboratory and <br /> field testing , construction , and other services furnished by City <br /> in connection with the Improvements for the said subdivision . <br /> Owner understands that the Deposit is an estimate and further <br /> 8 <br />
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