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AgdaPkt 2017-09-11 Closed and Joint SA PFA
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AgdaPkt 2017-09-11 Closed and Joint SA PFA
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Last modified
9/21/2017 12:51:50 PM
Creation date
9/7/2017 6:06:39 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
9/11/2017
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6.1.A. - Page 5 <br /> AGREEMENT <br /> NOW,THEREFORE,in consideration of the faithful performance of the terms and conditions set <br /> forth in this Agreement,the parties hereto agree as follows: <br /> 1. Pie. The purpose of this Agreement is to guarantee completion of the Improvements <br /> and ensure satisfactory performance by Developer of Developer's obligations to satisfy the Conditions <br /> pertaining to the Improvements. <br /> 2. Property Subject to Agreement. The Property shall be subject to this Agreement. <br /> 3. Dgty to Install Improvements. Developer will construct,install and complete,or cause to <br /> be constructed, installed and completed, at the Developer's sole cost and expense, the Improvements, in <br /> accordance with the Improvement Plans (defined in Recital E. above) and to the satisfaction of the City <br /> Engineer, in his reasonable discretion. Developer will also supply all labor and materials therefor, all in <br /> strict accordance with the terms and conditions of this Agreement. The Improvements shall include,but <br /> are not necessarily limited to,all of the following: <br /> (a) grading,paving <br /> (b) curbs,gutters,concrete walkways,driveways <br /> (c) sanitary sewer system,complete <br /> (d) water system,complete <br /> (e) storm drainage system,complete <br /> (f) site lighting system,complete <br /> (g) street trees <br /> (h) landscaping and irrigation system complete <br /> (i) utility joint trenching <br /> (j) and all other work, improvements, or construction required by or specified in the <br /> abovementioned plans and specifications, conditions of permits and all construction, <br /> appurtenances and improvements necessary as reasonable determined by the City <br /> Engineer to complete the aforementioned improvements, both within and outside of <br /> the Property. <br /> The construction, installation and completion of the Improvements and all labor and materials furnished <br /> in connection therewith are hereinafter referred to collectively as the "Work." The Work and <br /> Improvements shall be in strict compliance with the provisions of the Redwood City Code. In the event a <br /> conflict exists between the Improvement Plans and the requirements of the Redwood City Code, the <br /> stricter requirement or standard shall govern,as determined by the City Engineer. <br /> 4. Completion Date. Developer will complete the Work within one year of the Effective <br /> Date. All Work will be completed in a good and workmanlike manner in accordance with accepted <br /> design and construction practices and consistent with the Improvement Plans. This completion date may <br /> REV:08-31-17 PR <br /> Page 2 0f22 <br /> ATTY/AGR.2017.195/Lane-Broadway, LLC-IA <br />
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