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RecDoc 2014-030717
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RecDoc 2014-030717
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Last modified
4/23/2014 11:12:05 AM
Creation date
4/23/2014 11:01:38 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement One Marina
Doc Num
2014-030717
Rec Date
4/11/2014
Address
One Marina
Parties
RC Peninsula Park, LLC
MO Ref
14-057
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Improvements shall be in strict compliance with the provisions of Chapter 30�f the Redwoad City Code. <br /> In the event�conflict e�cists between the Plans�nd the requirements of Chapter 30 of the Redwood City <br /> Code,the stricter requirement or standard shall govern,as detennined by the City Engineer. <br /> 4. Comnletian Date. Developer will complete the Work within one year of the Effective <br /> Date. All Work will be completed in a good and workmanlike manner in �ccoidance with accepted <br /> design and construction pr�etices and consistent with the Improvement Plans. This completion date may <br /> be extended by City in its sole and�bsolute discretion at the request of Developer,which request shall be <br /> accompanied by a written assurance acceptable to the City Engineer that the securities required by <br /> 5ection 13 shall remain enforceable throughout the tetm of the ea�tension. <br /> 5. �.stinn�ted Cost of Work. The enginee�"s estim�ted cost of the Work is One Million <br /> Seven Hundred Fifty Thousand Dollars and No/100 Dollars(S 1,750,000.00)("Estimated Cost of Worl�'). <br /> 6. Iv�odifications to the Pl�s. Approv�l of this Agreement by City dces not release <br /> Developer of its respaisibility to conect mistakes, errors or omissio� in the Iinpmvement Pl�ns. ff, at <br /> any time, in the opinion of the City Engineer, in his reasonable discretion, the Improvetnent Plans are <br /> deemed inadequate in any respect,Developer�grees to maice such modifications,changes crr revisions�s <br /> necess�ry in order to eomplete the Work in a good�nci workm�nlike manner in accordance with accepted <br /> design�n@ eonstrucrion standards�nd consistent with the Conditions�nd Improvement Plans. <br /> 7. �. Developer agrees to repair or have t�ired in s timely manner at its sole cost <br /> and expense all public raads, streets, or c�th�r public or private property c�amaged as a resuh of or <br /> incidental to the Work or in conneetion with the ckvelopment of the Pt1op�ty, ar to pay to the praperty <br /> owner of any d�maged road, �treet or property the f�ll cost of such repair. Ia�dition, Develo}�er shall <br /> obt�in the written acceptance of such repair or paycnent froin any ovvuer whose private o�public property <br /> was rzpaired by Developer or to whom Developer h�paid tl�e flill ccxst of�uch t�cp�ir in accordance with <br /> this Section 7. City ahall be under no obli�tion wh�tsoever to accept tho Work coirq�leted under this <br /> Agreement unril such time as atl repsirs l�ve been completed or have been paid for �nnd written <br /> acceptances have been prowided to the City Engineer. <br /> 8. Fo�e�a,n or Superintenden�. Develope� shall give personal attention to the �Vark. A <br /> competent foreman or superintendent, �tisfactory to the City Engineer in his t�e�sonable discretion with <br /> suthority to act for and on behalf of Doveloper, shall be named in writing by Developer priar to <br /> commencement of the Work, shall be present on the Property during the perform�nce of the Work and <br /> may not be changed without�dvance notific�tion to and the concurrence of the City E�gineer. <br /> 9. Facamination of Work. All of the Work sh�ll be consistent wvith the Improvement Plans <br /> and performed to the satisfaction of the City Engineer, in his reasonable discretion. City and its <br /> authorized agents shall,at all times during the perForn�ance of the Work,have free accoess to the Property <br /> and the Work and shall be allowed to examine the Work and all materials used and to be used in the <br /> Work. <br /> 10. City Costs: Denosit. Developer shall pay to City the actual cost for a11 engineering, <br /> inspection� administration, plan check, labor�tory and field testing, eonstruction, and o#her services <br /> fumished by City in connection with this Agreement, including those performed by cansult�nts under <br /> contiact with City ("City Costs"). Developer shall deposit with City the sum of Fifty Thous�nd and <br /> No/100 Dollars (SS0,000.00) ("DeposiY')to compensate City for�11 City Costs. Develaper understands <br /> that the Deposit is an estim�te and further�grees to pay to City the actual cost of providing such services, <br /> in accordance with the Ciry's current fees. Deveic�er agrees to compl�te p�yment of sueh additional sum <br /> or sums for the services provided by City, if any, within ten (10) days after billing by City of the <br /> REV:03-14-14 VR <br /> Pa�e 3 of 1! <br /> ATTY/AC3R.2014.034/One Marina Final Phase-improvement Agreemertt <br />
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