RecD05 2005-124722 - Laserfiche WebLink

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made before Owner can be notified, the City may, at its option, make the necessary repair, replacement or reconstruction or perform the necessary work and Owner shall pay the City the actual cost thereof plus fifteen percent (15%). Notwithstanding any provisions to the contrary as set forth in this Agreement, Owner shall not be responsible for repair, replacement, or reconstruction of any Improvements, necessitated by Acts of God, acts of third parties (other than Owner, its agents, employees or contractors) beyond Owner's ability to control, civil emergencies, natural disasters, or similar acts or events. 9. SECURITY TO INSURE GUARANTEE. Owner agrees, as a condition precedent to City's acceptance of any of the Improvements which are the subject of this Agreement, to furnish and file with the City Clerk a bond or deposit in the amount of Seven Thousand Seven Hundred and No/100 Dollars ($7,700,00) for all expressly conditioned Improvements to secure Owner's compliance with the provisions of Paragraph 8 hereof, for a period of one (1) year after final acceptance of the work done under this Agreement. 10. DEPOSIT FOR PLAN CHECK AND INSPECTION. Owner shall deposit with City the sum of Seven Thousand One Hundred and No/100 Dollars ($7,100.00) ("Deposit") to compensate City for all engineering, inspection, plan check, laboratory and field testing, construction, and other services furnished by City in connection with the Improvements for the said subdivision. Owner understands that the Deposit is an estimate and further agrees to pay to City the actual cost of providing such services, in accordance with the City's current fees. Owner agrees to complete payment of such additional sum or sums for the services provided by City, if any, within ten (10) days after billing by City of the additional sum to be paid and agrees that the amount payable Atty/Agr/2005.028 062805 8 T lfH