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<br />DES:dft P!08/90 (007/29) <br /> <br />Code of the City of Redwood City, being the subdivision <br /> <br />regulations of said City, and such other improvements <br /> <br /> <br />designated or mentioned in said agreement. <br /> <br /> <br />(b) Before the release of said final map by City for <br /> <br /> <br />recordation, OWner shall furnish to City and file with the <br /> <br />City Clerk a good and sufficient security in a form subject <br /> <br /> <br />to the approval of the City Attorney, securing the faithful <br /> <br />performance of said Owner of all work and construction of <br /> <br /> <br />all improvements designated or mentioned in said agreement, <br /> <br /> <br />within the time therein specified, in the amount of Three <br /> <br />Million Five Hundred Twenty-five Thousand and No/100 Dollars <br /> <br /> <br />($3,525,000.00); and Owner shall also furnish to City and <br /> <br /> <br />file with the City Clerk, a good and sufficient security in <br /> <br />a form subject to the approval of the City Attorney securing <br /> <br /> <br />the payment by OWner of all bills for labor and materials <br /> <br /> <br />incurred in the construction of any and all said <br /> <br />improvements, and the doing of all other work therein agreed <br /> <br />to be done by Owner, in the amount of Three Million Five <br /> <br />Hundred Twenty-five Thousand and No/100 Dollars <br /> <br /> <br />($3,525,000.00). Owner may furnish substitute security in <br /> <br /> <br />conformance with Section 66499 et. seq. of the Government <br /> <br /> <br />Code, under the provisions of the Agreement for Improvements <br /> <br />of Lakeside Subdivision Unit No.2. OWner shall have <br /> <br /> <br />prepared complete "as built" plans for said improvements <br /> <br /> <br />prior to the release of the above described security. <br /> <br />(c) Before the release of said final map by City for <br /> <br /> <br />recordation, OWner shall undertake to guarantee for one (1) <br /> <br />2 <br /> <br />11363 <br />