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<br />SWC:sh 12/11/85 <br /> <br />mentioned in said agreement, and within the time <br />therein specified, the amount of said security to be <br />One Million Five Hundred Eighteen Thousand and No/100 <br />Dollars ($1,518,000.00) and also a good and sufficient <br />security in a form to be approved by the City Attorney <br />securing the payment by said owner or subdivider of all <br />bills for labor and materials incurred in the <br />construction of any and all said improvement, and the <br />doing of all other work therein agreed to be done by <br />the said owner or subdivider, the amount of said <br />security to be One Million Five Hundred Eighteen <br />Thousand and No/100 Dollars ($1,518,000.00). <br /> <br />3. That, before the release of said final map by City for <br />recordation, the owner or subdivider shall furnish to <br />the City and file with the City Clerk certificates or <br />policies of public liability and property damage <br />insurance as required by the abovementioned agreement <br />entitled "Agreement for the Improvement of Beacon <br />Shores Unit No. 2 Subdivision," on file in the office <br />of the City Clerk. <br /> <br />and <br /> <br />BE IT FURTHER RESOLVED: <br /> <br />That those certain plans entitled "Construction Drawings for <br /> <br />Beacon <br /> <br />Shores <br /> <br />Subdivision <br /> <br />unit <br /> <br />2," <br /> <br />and <br /> <br />those <br /> <br />certain <br /> <br />specifications entitled "Technical Specifications for Beacon <br /> <br />Shores Subdivision Unit 2, II which plans and specifications are <br /> <br />now on file in the office of the Director of Public Works, are <br /> <br />hereby approved and adopted as the plans and specifications <br /> <br />according to which the abovementioned improvements shall be done; <br /> <br />and <br /> <br />BE IT FURTHER RESOLVED: <br /> <br />That certain proposed agreement between the City of Redwood <br /> <br />Ci ty and said owner or subdivider, entitled II Agreement for the <br /> <br />Improvements of Beacon Shores Unit No.2 Subdivision," a copy of <br /> <br />which is on file in the office of the City Clerk and to which <br /> <br />reference is hereby made, is hereby approved, and the City <br /> <br />2 <br />