RecD08 2008-024401 - Laserfiche WebLink

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Such insurance shall also specifically insure any contractual liability assumed by Owner under the terms of this Agreement, including, but not limited to, the provisions of Paragraph 1 above. 5. MONUMENTS. All pipes and monuments shown on the subdivision map hereinafter referenced which are destroyed or displaced during construction operations shall be replaced by Owner at the time of the final inspection of the Improvements, if any, hereunder by City. 6. OWNERSHIP OF IMPROVEMENTS. It is agreed that title and ownership of all Improvements constructed for the benefit of City hereunder by Owner shall vest absolutely in City upon completion and acceptance of such Improvements by City. 7. WORK SUBJECT TO APPROVAL. All work provided for in this Agreement and more specifically described in the plans and specifications herein referenced shall be subject to the approval and acceptance by the City Engineer before the release of any security required herein. Reference is hereby made to (a) that certain final map entitled, "Lincoln Avenue Townhomes Subdivision", (b) those certain plans on file in the office of the City Engineer entitled, "Improvement Plans - Lands of Peninsula Habitat for Humanity, 122-136 Lincoln Avenue", and (c) those certain revised specifications entitled, "Engineering Standards for the City of Redwood City", adopted December 4, 2006, for a more particular description of the work and Improvements generally described in this Agreement. Said final map, plans and specifications referenced in this paragraph are hereby incorporated herein and made a part of this Agreement. Upon completion of the aforementioned work, and prior to the release of any security required herein, Owner shall furnish City with a complete set of plans and drawings showing the Improvements in their actual or "as-built" condition and location. A TTY/AGR/2008.001 1/7/08 6