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RecDoc 96-123531
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RecDoc 96-123531
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Last modified
8/16/2016 1:20:23 PM
Creation date
8/16/2016 1:18:23 PM
Metadata
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Template:
Recorded Docs
Recorded Docs - Type
Resolution
Subject
Final Subdivision
Doc Num
96-123531
Rec Date
10/3/1996
Parties
Redwood Shores Properties, KG Shores Corp
Reso Ref
12887
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DES : djk 08 / 07 / 9 '3 ( UL7 / `34. 1 <br /> DES : djk d18 / 28 / 96R <br /> Improvement of <br /> Lido Neighborhood Unit No . 2 " , ( form dated <br /> 08 / 07 / 96 ) wherein Owner , in consideration for the approval <br /> by City , shall agree to construct and complete <br /> of said map y <br /> in the tim e specified in said Agreement , all improvements <br /> Owner under the provisions of Chapter 30 of the <br /> required of <br /> City Code of the <br /> Cit of Redwood City , being the subdivision <br /> ' ons of said City , and as such improvements as <br /> regulations � <br /> designated or mentioned in said Agreement . D <br /> CD <br /> ( b ) Before the release of said final map by City for N <br /> W <br /> Owner shall furnish to City and file with the cn <br /> recordation , ,� <br /> City Clerk a <br /> bond or deposit securing the faithful 0 <br /> performance <br /> of all work and construction of all improvements <br /> designated or <br /> mentioned in said Agreement , within the time <br /> specified in the amount of Four Million Five <br /> therein specs <br /> Hundred Fifty <br /> Thousand and No / 100 Dollars ( $ 4 , 550 , 000 . 00 ) ; <br /> and Owner shall also furnish to City and file with the City <br /> or de osit securing the payment of all bills <br /> Clerk , a bond P <br /> for labor and materials incurred in the construction of any <br /> and all said improvements , and the doing of all other work <br /> 4 therein agreed to be done by Owner , in the amount of Four <br /> Million Five Hundred Fifty Thousand and No/ 100 Dollars <br /> ( $ 4 , 550 , 000 . 00 ) . <br /> Owner shall have prepared complete " as <br /> said improvements prior to the release of <br /> built,� plans for <br /> said bond or deposit . <br /> ( c) Before the release of said improvement bonds by <br /> City , Owner shall undertake to guarantee for one ( 1 ) year <br /> 2 <br />
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