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replacement, or reconstruction or perform the necessary work, and Owner shall pay to <br />City the actual cost of thereof plus fifteen (15) percent. <br /> <br /> Notwithstanding any provision to the contrary as set forth in this Agreement, <br />Owner shall not be responsible for repair, replacement, or reconstruction of any <br />Improvements, necessitated by Acts of God, acts of third parties (other than Owner, its <br />agents, employees, or contractors) beyond Owner's ability to control, civil emergencies, <br />natural disasters, or similar acts or events. <br /> <br /> 8. Security to Insure Guarantee. Owner agrees, as a condition precedent to <br />City's acceptance of any of the Improvements which are the subject of this Agreement, <br />to furnish and file with the City Clerk a bond or deposit in the amount of One Hundred <br />Seventeen Thousand Eight Hundred and No/100 Dollars ($117,800.00)for all expressly <br />conditioned Improvements to secure Owner's compliance with the provisions of <br />Paragraph 7 hereof, for a period of one (1) year after final acceptance of the work done <br />under this Agreement. The bond or deposit shall be furnished by Owner. <br /> <br /> 9. Deposit for Plan Check and Inspection. Owner shall deposit with City the <br />sum of Forty-six Thousand Nine Hundred and No/100 Dollars $46,900.00) ("Deposit"), <br />less all amounts previously paid to City by Owner for such services, to compensate City <br />for all engineering, inspection, plan check, laboratory and field testing, construction, and <br />other services furnished by City in connection with the Improvements. Owner <br />understands that the Deposit is an estimate and further agrees to pay to City the actual <br />cost of providing such services, in accordance with the City's current fees. Owner <br />agrees to complete payment of such additional sum or sums for the services provided <br /> <br />Agmt-452 7 <br />F:\sh\sh\Redwood\Council <br />FXS:djk <br />02/26/01 <br /> <br /> <br />