AgdaPkt 2020-02-10 Joint SA PFA - Laserfiche WebLink

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6.F. - Page 8 of 56 F. Upon approval and recordation of the Final Map, the Property will be divided into 10 residential condominium units and 1 common area space. G. City and Developer desire to enter into this agreement providing for the construction and installation of the Improvements in accordance with the Improvement Plans. /_1w<`l:aQQJi1:8LI11111111 NOW, THEREFORE, in consideration of the faithful performance of the terms and conditions set forth in this Agreement, the Parties hereto agree as follows: 1. Purpose. The purpose of this Agreement is to guarantee completion of the Improvements and ensure satisfactory performance by Developer of Developer's obligations to satisfy the Conditions pertaining to the Improvements. 2. Property Subject to Agreement. The Property will be subject to this Agreement. 3. Duty to Install Improvements. Developer will construct, install and complete, or cause to be constructed, installed and completed, at Developer's sole cost and expense, the Improvements, in accordance with the Improvement Plans and to the satisfaction of the City Engineer, in their reasonable discretion. Developer will also supply all labor and materials therefor, all in strict accordance with the terms and conditions of this Agreement. The Improvements will include, but are not necessarily limited to, all of the following: REV: 01-24-20 PR (a) grading, paving; (b) curbs, gutters, concrete walkways, driveways; (c) sanitary sewer system, complete; (d) permeable pavers; (e) water system, complete; (f) storm drainage system, complete; (g) site lighting system, complete; (h) street trees; (i) landscaping and irrigation system complete; (j) utility joint trenching; (k) all Conditions of the Tentative Map; and ATTY/AGR.2020.014/Valera Fooksman (Page 2 of 22) 141