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RecDoc 96-078463
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RecDoc 96-078463
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Last modified
8/16/2016 12:53:42 PM
Creation date
8/16/2016 12:48:05 PM
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement Lido Neighborhood No.1
Doc Num
96-078463
Rec Date
6/27/1996
Parties
Redwood Shores Properties, KG Shores Corp., KG Pen
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DES : djl '16 / 05 / 96 ( 014 / 70 ) <br /> FXS : djk 06 / 12 / 96R <br /> FXS : djk 06 / 14 / 96R <br /> Upon completion of the aforementioned work , and prior to the <br /> release of any security required herein , Owner shall furnish City <br /> with a complete set of plans and drawings showing the <br /> Improvements in their actual or " as built " condition and <br /> location . Partial release of any security required herein may be <br /> granted , at the discretion of City , in accordance with the <br /> provisions of Section 66499 . 7 of the Government Code . <br /> 8 . GUARANTEE OF WORKMANSHIP AND MATERIALS . Owner agrees <br /> that if , within a period of one ( 1 ) year after final acceptance co <br /> 0) <br /> of any work done under this agreement , the improvements furnished CD <br /> and/ or installed or constructed or caused to be constructed by Co <br /> Owner , or any of the work done under this agreement , fails to CD <br /> co <br /> fulfill any of the requirements of this agreement , or the plans <br /> and specifications referenced herein , Owner shall upon receipt of <br /> a request in writing from City directing the work to be done , <br /> without delay and without any cost to City , repair or replace or <br /> reconstruct any defective or otherwise unsatisfactory part or <br /> parts of the Improvements or work . Should Owner fail to act <br /> promptly to make such repair , replacement or reconstruction , or <br /> otherwise to act in accordance with this requirement to repair , <br /> replace or reconstruct , or should the exigencies of the case <br /> require that repair , replacement or reconstruction be made before <br /> Owner can be notified , the City may , at its option , make the <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 /> 9 <br />
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