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<br />DAS:mm~ 01/27/89 (#23/037) <br />DAS : Inn. 0 2 /0 6 / 8 9 R ( # 2 3 / 0 3 7 ) <br /> <br />(b) Before the release of said final map by City for <br />recordation, the Owners shall furnish to City and file with <br />the City Clerk a good and sufficient security in a form <br />subject to the approval of the City Attorney, securing the <br />faithful performance of said Owners of all work and <br />construction of all improvements designated or mentioned in <br />said agreement, within the time therein specified, the <br />amount of said security to be Two Hundred Forty Seven <br />Thousand and No/100 ($247,000.00); and shall also furnish to <br />City and file with the City Clerk, a good and sufficient <br />security in a form subject to the approval of the City <br />Attorney securing the payment by Owners of all bills for <br />labor and materials incurred in the construction of any and <br />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 Two Hundred Forty Seven Thousand and No/100 <br />Dollars ($247,000.00). Said Owners shall have prepared <br />complete lias built" plans prior to the release of the <br />"faithful performance II and II 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 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 />After the release of said final map but before acceptance of <br />the improvements by City, Owners shall furnish to City and <br />file with the City Clerk a good and sufficient security in a <br />form subject to the approval of the City Attorney, securing <br />the faithful performance by Owners of all maintenance work, <br />the amount of said security to be Twenty Four Thousand Seven <br />Hundred and NO/100($24,700.00). Said security shall be <br />effective for a period of one (1) year after acceptance of <br />the improvements by City's Council. <br /> <br />(d) Before the release of said final map by City for <br />recordation, Owners shall deposit Fifteen Thousand Seven <br />Hundred Sixty Eight and No/100 Dollars ($15,768.00) for plan <br /> <br />2 <br /> <br />l097:i <br />