AgdaPkt 2018-08-27 Joint SA PFA - Laserfiche WebLink

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6.2.A. - Page 29 into an agreement with City providing for the future construction and installation of such public improvements, as required by Government Code section 66462(x)(1). E. Developer has submitted to City plans, specificati ns and drawings entitled l P<ovem..'A, '71."S �,( Jolt 4 c.� ,�, t - �'. prepa�ee MU Engineers and dated (A M o 9 , 2016 (the "hilprovement Plans'), which, in addition to other improvements, provide for certain on-site public improvements consisting of street and street light improvements, storm drain. systems, domestic water systems and sanitary sewer systems for the Project (collectively, "Improvements"). F. City and Developer desire to enter this agreement providing for the construction and installation of the Improvements in accordance with the Improvement flans, as required by Government Code section 66462(a)(1). AGREEMENT NOW, THEREFORE, in consideration of the faithful performance of the terms and conditions set forth in this Agreement, the parties hereto agree as follows: 1, Purpose of Aureement. The purpose of this Agreement is to guarantee completion of the improvements and ensure satisfactory performance by Developer of Developer's obligations to satisfy the Conditions pertaining to the Improvements, Prior to the conveyance of the Property to OAI, COA and OAT shall be jointly and severally liable for the performance of the duties and obligations of Developer hereunder; and following such conveyance OAI shall be solely responsible for, and shall be deemed to have assumed, all of such duties and obligations of the Developer hereunder. 2. Prooerty Subiect to Agreement. The Property shall be subject to this Agreement. 3, Dutv to Install Improvements. Developer will construct, install and complete, or cause to be constructed, installed and completed, at the Developer's sole cost and expense, the Improvements, in accordance with the Improvement Plans (defined in Recital E. above) and to the satisfaction of the City Engineer, in his reasonable discretion. Developer will also supply all labor and materials therefor, all in strict accordance with the terms and conditions of this Agreement. The Improvements shall include, but are not necessarily limited to, all of the following as shown on the Improvement Plans: (a) grading, paving (b) curbs, gutters, concrete walkways, driveways (c) sanitary sewer system, complete (d) permeable pavers (e) water system, complete (f) storm drainage system, complete REV: 06-22-16 JS Pag z of 15 ATTY/AGR,2016.1591Cenfrum Owners Assoclation -SIA