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RecD97 1997-034599
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RecD97 1997-034599
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Last modified
7/24/2006 11:29:03 AM
Creation date
7/24/2006 11:27:59 AM
Metadata
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
Electronic Arts subdivision improvements
Doc Num
1997-034599
Rec Date
3/27/1997
Parties
Flatirons Funding
File Num
bin 2A
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<br />8. <br /> <br />GUARANTEE OF WORKMANSHIP AND MATERIALS. If, within a <br /> <br />period of one year after acceptance by City of any Improvement or any Related <br /> <br />Work, the Improvement or the Related Work or the Labor and Materials required <br /> <br />by that Improvement or Related Work fail to fulfill the requirements of this <br /> <br />Agreement, including without limitation, the requirements of the Plans and <br /> <br />Specifications, Owner shall, upon receipt of a request in writing from City, without <br /> <br />delay and at no cost to City, repair, replace or reconstruct any defective or otherw.ise <br /> <br />unsatisfactory part or parts of the Improvement or the Related Work or the Labor <br /> <br />and Materials required by that Improvement or Related Work. If Owner does not <br /> <br />promptly make that repair, replacement or reconstruction, or otherwise act in <br /> <br />accordance with this requirement to repair, replace or reconstruct, the City may, at <br /> <br />its option, make the necessary repair, replacement or reconstruction or perform the <br /> <br /> <br />necessary work, and Owner shall pay to City the actual cost thereof plus fifteen <br /> <br />percent (15%). If City in the exercise of its reasonable discretion determines that the <br /> <br />necessary repair, replacement or reconstruction must be made before Owner can be <br /> <br />notified, City may also make that repair, replacement or reconstruction or perform <br /> <br />the necessary work, and Owner shall pay to City the actual cost thereof plus fifteen <br /> <br />percent (15%). Notwithstanding any provision to the contrary in this Agreement, <br /> <br />Owner is not responsible for repair, replacement or reconstruction of any <br /> <br />Improvements or Related Work, accepted by City and necessitated by Acts of God, <br /> <br />acts of third parties (other than Owner, its agents, employees or contractors) beyond <br /> <br />Owner's ability to control, civil emergencies, natural disasters or similar acts or <br /> <br />events. <br /> <br />-6- <br />
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