AgdaPkt 2009-02-23 clsd and reg - Laserfiche WebLink

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6.1C Page 9 without any cost to City, repair or replace or reconstruct any defective or otherwise unsatisfactory part. or parts of the Improvements or work within sixty (60) days of receiving. notice or if the repair, replacement or reconstruction takes longer than. sixty (60.) days to complete, have commenced the work within sixty (60) days of notice and be diligently working to complete it. Should Owner fail to act promptly to make such repair, rep'acement, or reconstruction, or otherwise to act in accordan'ce with this requirement to repair, replace, or reconstruct, or should the exigencies of the case require that repair, replacement, or reconstruction be made before Owner can be notified, the City may, at its option, make the necessary repair, replacement, or reconstruction or perform the necessary work, and Owner shall pay to City the actual cost of thereof plus fifteen (15) percent. Notwithstanding any provision to the contrary as set forth in this Agreement, Owner shall not be responsible ,for repair, replacement, or reconstruction of any Improvements, necessitated by Acts of God, acts of third parties (other than Owner, its agents, employees, or contractors) beyond Owner's ability to control, civil emergencies, natural disasters, or similar acts or events. 8. Security to Insure Guarantee. Owner agrees, as a condition precedent to Cityls acceptance of any of the Improvements which are the subject of this Agreement, to furnish and file with the City Clerk a bond or deposit in the amount of One hundred thirteen thousand five hundred forty eight dollars and seventy cents($113,548.70) for all expressly conditioned Improvements to secure Owner's compliance with the provisions of Paragraph 7 hereof, for a. period of one (1) year after Attyl Agr/2009 .008 021709 7