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DES:di' 08/19/92 (101/32) <br /> DES:dp 08/21/92R <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 Two Hundred <br /> Sixty-two Thousand Five Hundred and No/100 Dollars <br /> ($262 ,500 . 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 Seventy-four Thousand Three <br /> Hundred Twenty-five and No/100 Dollars ($74 , 325 . 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 /> aforesaid services provided by City within ten (10) days <br /> after billing by the City Collector. <br /> (e) Before the release of said final map by City for <br /> recordation, Owner shall furnish to the City and file with <br /> the City Clerk, certificates and policies of public <br /> liability and property damage insurance as required by the <br /> above-described agreement. <br /> 2 . Those certain plans entitled "Improvement Plans for <br /> Governors Bay" , and those certain specifications entitled <br /> "Governors Bay Technical Specifications" , as well as the City of <br /> 3 <br />