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AgdaPkt 2019-07-22 Joint SA PFA
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AgdaPkt 2019-07-22 Joint SA PFA
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Last modified
10/1/2020 3:40:03 PM
Creation date
7/18/2019 3:58:40 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/22/2019
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6.D. - Page 10 of 53 <br />the event payment is notmatte within such ten (10) day period. Any part of the Deposit or such additional <br />sum or sums not utilized by City shall be returned promptly to Developer. <br />IL Co.nTletion of Work. After Developer (a) completes the Work in accordance with the <br />Improvement Plans and the terms and conditions of this Agreement, (b) repairs any. private or public <br />property damaged as a result of the Work or pays the full cost of such repair to the owner whose property <br />was damaged and (c) obtains the written acceptance of such repair or payment from any owner whose <br />private property was repaired by Developer or to whom Developer paid the full cost of such repair, <br />Developer will provide City with a written notice of completion, together with copies of all written <br />acceptances. <br />12. Final Acne tante. <br />12.1 Notice of Com letion. Within thirty (3Q) -days of receipt of Developer's written <br />notification pursuant to Section I 1 above, the City Engineer shall inspect the Work and repairs <br />and review tate written acceptances, if any, and send Developer a written notice stating whether <br />the Work and repairs are complete to the satisfaction of the City Engineer; in his reasonable <br />discretion; and whether the written acceptances have been provided, If the Work and repairs are, <br />in the opinion of the City Engineer, not complete and satisfactory, and/or written acceptances <br />have not been provided, th.e. City Engineer wil l list the deficiencies that most be corrected to find <br />the Work and repairs complete and .satisfactory. Upon satisfactory completion of the Work and <br />repairs and submittal of written acceptances, the City Engineer will send Developer a written <br />notice of satisfactory completion. The requirement for written. acceptances may be waived by the <br />City Engineer, in his reasonable discretion, if Developer has made commercially reasonable, <br />efforts to obtain such acceptances. The City Engineer's failure to respond to Developer's written <br />notification within thirty (30) days will not be deemed a breach or default under this Agreement. <br />1.22 Actuante of lipprovements. After sending Developer a written notice of <br />satisfactory completion pursuant to Section 12.1, the City Engineer will recommend acceptance <br />of the Improvements to the City Council. The acceptance of the Improvements, offers of <br />dedication and right -of way, and easements, if any, shall he by resolution of the City Council,. <br />with the matter placed on the next available agenda for City Council action, Upon City Council's <br />adoption .of such resolution, the City Engineer shall promptly record a notice, in a form to be <br />approved by the City Attorney, in the Official Records of San Maters County. <br />13, Performance Labor and Materials and Warranty Secun <br />1.31 1n accordance with Chapter 30 of the Redwood City Code, Developer will <br />furnish and deliver to City, within the times set forth below, the following security, each of which <br />must be issued by a surety company duly and regularly authorized to do general surety business <br />iri the State of California, or such other surety as may be acceptable to the City Engineer. <br />REV: 06-28-19 PR <br />(a) Per onnance Security. Developer shall furnish and deliver perfortnance <br />security in the amount of One hundred and Three Thousand One Hundred Sixty -Eight. <br />Dollars {$103,168.00), concurrently with: the execution of this Agreement., which security <br />must meet the requirements of Government Code section 6. 6499.1. and Redwood City <br />Code Section 30.80 and be acceptable to the City Eā¬igineer. The security slrall. be <br />conditioned upon the faithful performance of this Agreement with respect to the Work <br />and shall be released by City in accordance with Section 14 below upon final acceptance. <br />of the Improvements as described in Section 12.2 and Developer's delivery of the <br />Warranty Security described In Section 13.1(c). <br />Page 4 of 19 <br />ATTR/AGR.2419.196IHabitat for HUrnanity Greater Sart Francisco 65 <br />
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