Agmt13 Redwood City Partners, LLC

Browse Search

installation of the Project, in a good and workmanlike manner, in accordance with this Agreement,.the Performance Schedule and all applicable Laws and all Approvals for the Project issued by each Government Agency. The covenants of this Section 4.6.1 shall run with the land, until the date of issuance of a Certificate of Completion for the Project 4.6.2 Prior to commencement of construction on the Site, the Developer shall prepare for approval by the City a"Construction Mitigation Plan"that provides alternatives to the loss of the public parking current�y located on the Site during the Construction Period, provides outreach to residents and Downtown merchants with schedules of road closures and major work activities, makes azrangements for parking for construction workers on the Project, and coordinates with other construction projects occurring in and around the Downtown area. The City and Developer shall coopezate in good faith to implement the Construction Mitigation Plan, and incorporate any mitigation measures or actions into the plans and construction activities to be undertaken pursuant to this Agreement. The parties agree that Developer's payment of the Construction Parking Program Contribution shall be the Developer's only obligation with respect to mitigating the loss of public parking spaces currently located on the Site during the Construction Period, but is not intended to satisfy any obligations related to the parking needs of Developer or its construction workers. 4.6.3 Prior to commencement of construction of the Project, Developer shall deliver, or cause Developer's Contractor to deliver, to the City copies of payment bond(s) and performance bond(s) issued by a reputable bonding company licensed to do business in Califomia, and reasonably acceptable to the City, providing for payment and performance bonds ' for one hundred percent (100%) of the scheduled work of construction of the Project, including labor, material and equipment used in the work of improvement of the individual construction trade element of the Project, and for the Contractor's timely completion of the work of improvement of the individual construction trade element of the Project. Each such bond shall be in a penal sum of not less than one hundred percent (100%) of the scheduled cost of construction of the Project. The bonds shall name the City as dual obligee. Developer shall also provide, or cause Developer's Contractor to provide, a public improvement bond for the ' performance of work with respect to any public improvements constructed as part of the Project. The City agrees that to the extent that any work covered by the Construction Contract constitutes public improvements which the City requires be separately bonded pursuant to the preceding sentence, then the penal amount of the payment and performance bond(s) provided pursuant to the first sentence of this paragraph may be reduced by the penal amount of any such separate ' bond(s)so that the same public improvement work is not bonded twice. 4.6.4 During the period of construction, the Developer shall provide to the City's Project Manager, on a monthly basis, an updated Critical Path Management Schedule, including a three-week project look-ahead schedule. The Critical Path Management Schedule shall be in such form and detail as may reasonably be required by the City. 4.6.5 Where the overall construction schedule will be reduced or duration or severity of impact to other businesses or traffic circulation could be reduced by construction prior to 7:00 a.m. or after 8:00 p.m., construction will be permitted outside of normal construction hours with 24-hour advance written notice provided to the City's Building Official. 31 2a13.118/BLOCK 2 HUNTER STORM REV:07-2&13 PT