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Res86 10263
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Res86 10263
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Last modified
12/2/2008 8:48:08 AM
Creation date
1/23/2007 3:01:33 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Date
7/28/1986
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<br />SWC:sh 7/25/86 <br /> <br />for labor and materials incurred in the construction of any <br />and all said improvements, and the doing of all other work <br />therein agreed to be done by Owners, the amount of said <br />security to be Six Million Five Hundred Fifty Thousand and <br />No/100 Dollars ($6,550,000.00). Said Owners shall have <br />prepared complete "as built" plans prior to the release of <br />the "faithful performance" and "labor and material" bonds <br />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, within <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 />Six Hundred Fifty-five Thousand and No/100 Dollars <br />($655,000.00). Said security shall be effective for a period <br />of one (1) year after acceptance of the improvements by <br />Ci ty' s Council. <br /> <br />(e) Before the release of said final map by City for <br />recordation, Owners shall deposit One Hundred Forty-eight <br />Thousand Nine Hundred and No/I00 Dollars ($148,900.00) for <br />plan 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 />and <br /> <br />2. Those certain plans entitled "Centrum Office Park" and <br /> <br />those certain specifications entitled "Centrum Office Park <br /> <br />Technical Specifications", which plans and specifications are now <br /> <br />on file in the office of the Director of Public Works are hereby <br /> <br />2 <br />
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