11 - Laserfiche WebLink

the frontage of 3520 Dennis Drive as shown on Exhibit B for review and approval by the City Engineer. Phase 2: Once improvement plans are approved,hire contractor(s) licensed by the State of California who possess either an"A"-General Engineering Contractor license or"C"-Specialty Contractors license(e.g. C-8 Concrete Contractor, C-12 Earthwork and Paving Contractor, etc.). Said contractor(s) shall construct the improvements represented on the approved improvement plans in accordance with a City-issued Encroachment Permit per Pleasanton Municipal Code Chapter 13.04, although inspection fees will be waived pursuant to Section 3 below. All of said work shall be done and materials furnished in strict accordance with the approved plans and in accordance with the City of Pleasanton's Standard Specifications and Details(November 2016). It is further understood that the work and materials shall be under the supervision of the Owners and City Engineer, and performed and installed to the Owners and City Engineer's satisfaction. No financial security is required for the work described in this Agreement. The estimated value of said work is $70,000. 2. Time of Essence. Time is of the essence in the performance of this Agreement. The 3520 Dennis Drive Improvements required by this Agreement shall be completed by Owners prior to occupancy of the new single-family home to be constructed on the Property. The City may extend the time for completion of improvements hereunder, upon good cause being shown by the Owners. 3. Inspection and Acceptance. City shall inspect all of said work through an inspector employed by City at the cost and expense of City.After completion of the work and final inspection,the City Engineer shall accept the work as complete and release the Owners and their contractor from all future liability. 4. Reimbursement. Once Phase 1 is accomplished according to Section 1 above, Owners will be eligible for reimbursement by City for design-related costs. Owners shall submit copies of written invoices to the City Engineer or designee for review and reimbursement. If the project does not progress beyond design,Owners shall submit both printed and digital copies of the 3520 Dennis Drive Improvement plans to City in formats compatible with City's current software systems. Assuming the project progresses to Phase 2, City shall reimburse Owners for the reasonable cost of construction and construction support, as well as financing costs(e.g. reasonable loan fees and interest paid, prorated as applicable). Owners will submit copies of written invoices to the City Engineer or designee for review and reimbursement. 5. Insurance and Indemnification by Contractor. Prior to initiating Phase 2, Owners shall have Owners' contractor: (a) execute the attached Indemnification as set forth in Exhibit A to indemnify City,and(b)provide the following insurance: Public Improvement Agreement—3520 Dennis Drive Page 2 of 8