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Res92 11862
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Res92 11862
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Last modified
8/16/2016 9:08:30 AM
Creation date
9/14/2005 3:49:36 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Date
10/5/1992
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FXS:dt 10/1/92 (002/33) <br /> 10/05/92R <br /> to be done by Owner, in the amount of One Million Nine <br /> Hundred Eighty-one Thousand and No/100 Dollars <br /> ($1 , 981 , 000 .00) . Owner shall have prepared complete "as <br /> built" plans for said improvements prior to the release of <br /> said bond or deposit. <br /> (c) Before the release of said final map by City for <br /> recordation, Owner shall undertake to guarantee for one (1) <br /> year the workmanship and materials of all work and <br /> construction of all improvements designated or mentioned in <br /> said agreement. After the release of said final map but <br /> before acceptance of the improvements by City, Owner shall <br /> furnish to City and file with the City Clerk a bond or <br /> deposit securing the faithful performance by Owner of all <br /> such maintenance work, in the amount of One Hundred <br /> Ninety-Eight Thousand One Hundred and No/100 Dollars <br /> ($198 , 100 . 00) . Said bond or deposit shall be effective for <br /> a period of one (1) year after acceptance of the <br /> improvements by City' s Council. <br /> (d) Before the release of said final map by City for <br /> recordation, Owner shall deposit Sixty Two Thousand and <br /> Eighty-nine and No/100 Dollars ($62 , 089 . 00) for plan <br /> checking, engineering, inspection, laboratory and field <br /> testing, water supply, and all other applicable fees and <br /> charges. Any part of the deposit not utilized by City for <br /> payment of its services shall be returned to Owner. Owner <br /> understands and agrees that the amount of said deposit is an <br /> estimate and agrees to pay any additional amount for the <br /> 3 11862 <br />
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