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<br />CES :mmg 07/11/89 (#25/021) <br /> <br />City Clerk a good and sufficient security in a form subject <br />to the approval of the City Attorney, securing the faithful <br />performance of said Owner of all work and construction of <br />all improvements designated or mentioned in said agreement, <br />within the time therein specified, the amount of said <br />security to be Six Thousand Two Hundred Twenty-five and <br />No/I00 Dollars ($6,225.00); and shall also furnish to City <br />and file with the City Clerk, a good and sufficient security <br />in a form subject to the approval of the City Attorney <br />securing the payment by Owner of all bills for labor and <br />materials incurred in the construction of any and all said <br />improvements, and the doing of all other work therein agreed <br />to be done by Owner, the amount of said security to be six <br />Thousand Two Hundred Twenty-five and No/I00 Dollars <br />($6,225.00). Owner shall have prepared complete "as built" <br />plans prior to the release of the above described bonds. <br /> <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 good and <br />sufficient security in a form subject to the approval of the <br />City Attorney, securing the faithful performance by Owner of <br />all such maintenance work, the amount of said security to be <br />six Hundred Twenty-two and 50/100 Dollars ($622.50). Said <br />security shall be effective for a period of one (1) year <br />after acceptance of the improvements by City's Council. <br />(d) Before the release of said final map by City for <br />recordation, Owner shall deposit One Thousand One Hundred <br />Fifty and No/I00 Dollars ($1,150.00) for plan checking, <br />engineering, inspection, laboratory and field testing, water <br />supply, and all other applicable fees and charges. Any part <br />of the deposit not utilized by City for payment of its <br />services shall be returned to Owner. Owner understands and <br /> <br />2 <br /> <br />11080 <br />