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<br />2. That, prior to the release of said map by City and prior <br /> <br /> <br />to its recordation, the owners or subdividers shall furnish to <br /> <br /> <br />City and file with the City Clerk a good and sufficient bond in <br /> <br /> <br />the form to be approved by the City Attorney, securing the <br /> <br /> <br />faithful performance by said owners or subdividers of all work <br /> <br /> <br />and the construction of all improvements designated or mentioned <br /> <br /> <br />in said agreement, and within the time therein specified, the <br /> <br /> <br />amount of said bond to be Forty Thousand and No/IOO Dollars <br /> <br /> <br />($40,000.00), and also a good and sufficient bond in form to <br /> <br /> <br />be approved by the City Attorney securing the payment by said <br /> <br /> <br />owners or subdividers of all bills for labor and materials incurred <br /> <br /> <br />in the construction of any and all said improvements, and the <br /> <br /> <br />doing of all other work therein agreed to be done by the said <br /> <br /> <br />owners or subdividers, the amount of said bond to be Forty <br /> <br /> <br />Thousand and No/lOO Dollars ($40,000.00). <br /> <br /> <br />3. That prior to the release of said map by City and <br /> <br /> <br />prior to its recordation, the owners or subdividers shall <br /> <br /> <br />furnish to City and file with the City Clerk certificates or <br /> <br /> <br />policies of public liability and property damage insurance as <br /> <br /> <br />required by the above mentioned agreement entitled "Agreement <br /> <br /> <br />for the Improvement of Parcel Map No. 78-12 Subdivision," on <br /> <br /> <br />file in the office of the City Clerk. <br /> <br /> <br />AND BE IT FURTHER RESOLVED: <br /> <br /> <br />That those certain plans entitled "Improvement Plans - <br /> <br /> <br />Enea Heights, Upland Road and Whipple Avenue" and those certain <br /> <br /> <br />specifications entitled "City of Redwood City Standard <br /> <br /> <br />Specifications - dated August 1974," which plans and specifications <br /> <br /> <br />are now on file in the office of the City Engineer are hereby <br /> <br /> <br />approved and adopted as the plans and specifications according <br /> <br /> <br />to which the above mentioned improvements shall be done. <br /> <br />-2- <br />