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<br />and <br /> <br />DAS:sh 9/15/86 <br />DAS:sh 10/02/86R <br /> <br />said agreement, within the time therein specified, the <br />amount of said security to be Three Hundred Thirty-eight <br />Thousand Three Hundred and No/IOO Dollars ($338,300.00); and <br />shall also furnish to City and file with the City Clerk, a <br />good and sufficient security in a form subject to the <br />approval of the City Attorney securing the payment by Owners <br />of all bills for labor and materials incurred in the <br />construction of any and all said improvements, and the doing <br />of all other work therein agreed to be done by Owners, the <br />amount of said security to be Three Hundred Thirty-eight <br />Thousand Three Hundred and No/100 Dollars ($338,300.00). <br />Said Owners shall have prepared complete "as built" plans <br />prior to the release of the "faithful performance" and <br />"labor and material" bonds described herein. <br /> <br />(c) Before the release of said final map by City for <br />recordation, the Owners shall pay all charges for <br />engineering, inspection, laboratory and field testing, water <br />supply, and all other applicable fees and charges, wi thin <br />ten (10) days after billing by the City Collector. <br /> <br />(d) Before the release of said final map by City for <br />recordation, the Owners shall for one (1) year guarantee the <br />workmanship and materials of all work and construction of <br />all improvements designated or mentioned in said agreement; <br />and 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 Owners <br />of all maintenance work, the amount of said security to be <br />Thirty-three Thousand Eight Hundred Thirty and No/100 <br />Dollars ($33,830.00). Said security shall be effective for a <br />period of one (1) year after acceptance of the improvements <br />by City's Council. <br /> <br />(e) Before the release of said final map by City for <br />recordation, Owners shall deposit Nineteen Thousand Seven <br />Hundred Eight-five and 20/100 Dollars ($19,785.20)) for plan <br />check and inspection fees. Any part of the deposit not <br />utilized by City for payment of its services, shall be <br />returned to the Owners. The Owners understand and agree <br />that the amount of deposit is an estimate and agree to pay <br />any additional amount for plan check and inspection services <br />provided by City. <br /> <br />(f) Before the release of said final map by City for <br />recordation, Owners shall furnish to the City and file with <br />the City Clerk, certificates and policies of public <br />liability and property damage insurance as required by the <br />above-described agreement. <br /> <br />2 <br /> <br />10429 <br />