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a bond or certificate of deposit securing the faithful performance by Owner of all <br /> such maintenance work, in the amount of Forty-two Thousand Five Hundred and <br /> No/100 Dollars ($42,500.00). Said bond or certificate of deposit shall be <br /> effective for a period of one (1) year after acceptance of the improvements by <br /> City's Council. <br /> <br /> d) Before the release of said final map by City for recordation, Owner <br /> shall deposit Thirty-five Thousand Seven Hundred and No/100 Dollars <br /> ($35,700.00) for plan checking, engineering, inspection, laboratory and field <br /> testing, water supply, and all other applicable fees and charges. Any part of the <br /> deposit not utilized by City for payment of its services pursuant to this <br /> Subparagraph (d) shall be returned to Owner. Owner understands and agrees <br /> that the amount of said deposit is an estimate and agrees to pay any additional <br /> amount for the aforesaid services provided by City within ten (10) days after <br /> billing by the City Collector. <br /> <br /> e) Before the release of said final map by City for recordation, Owner <br /> shall furnish to the City and file with the City Clerk, certificates and policies of <br /> public liability and property damage insurance as required by the above- <br /> described Agreement. <br /> <br /> 2. Those certain plans entitled "improvement Plans for Marie La Rocca <br />Estates," as well as the City's revised specifications entitled "Engineering Standards for <br />the City of Redwood City," adopted January 5, 1998, which plans and specifications are <br />on file in the office of the City Engineer, are hereby approved and adopted as the plans <br /> <br />F:Atty/Reso/Reso. 1269 3 <br />122001 DBB:cls <br /> <br /> <br />