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08 ATTACHMENT 4
City of Pleasanton
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08 ATTACHMENT 4
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9/14/2007 12:09:25 PM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
9/18/2007
DESTRUCT DATE
15 Y
DOCUMENT NO
08 ATTACHMENT 4
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13.4 Vulcan. The parties all acknowledge and agree that any review, comment, <br />consultation, coordination, consent, or approval by Vulcan or any of its Representatives or contractors <br />with respect to any component or item of any improvements, plans, specifications, or signage governed or <br />contemplated by this Agreement (including but not limited to any such item or component depicted or <br />designated in any exhibit to this Agreement) are provided solely as an accommodation to the other parties <br />and shall in no event constitute any representation, warranty or agreement by Vulcan or any of its <br />Representatives or contractors, express or implied, with respect to the completeness, sufficiency, <br />adequacy, utility, safety, or functionality of the component or item submitted or any construction, <br />installation or improvement contemplated by such submittal. The Jurisdictions and Authority hereby <br />unconditionally and irrevocably waive and release Vulcan and its Representatives and contractors from <br />any and all Glaims for any personal injury, death, property damage or other damages that arise directly or <br />indirectly from the design, construction and/or maintenance of any Improvements. The Jurisdictions <br />represent and warrant that they have had adequate opportunity and ability to conduct, at all appropriate <br />times, any and all inspections, tests and investigations of the Dedication Parcel deemed necessary or <br />appropriate by the Jurisdictions. County or Pleasanton, as applicable, accepts the grant of the Dedication <br />Parcel pursuant to Section 3.12, in its "AS IS" and "WITH ALL FAULTS" condition and without any <br />representations or wan-anties by Vulcan, express or implied, with respect to the physical or environmental <br />condition or any other aspect of the Dedication Parcel or its fitness for any particular use or purpose, and <br />hereby unconditionally and irrevocably waive and release Vulcan and its Representatives and contractors <br />from any and all Claims based thereon. In connection with the waivers and releases set forth above, the <br />Jurisdictions and the Authority hereby waive the provisions of Section 1542 of the Civi I Code of the State <br />of California (and any successor statute(s)}, which reads as follows: <br />A general release does not extend to claims which the creditor does not know or suspect <br />to exist in his or her favor at the time of executing the release, which if known by him or <br />her must have materially affected his or her settlement with the debtor. <br />13.5 Survival. The provisions of this Section 13 shall survive the expiration or <br />termination of this Agreement. <br />14. BONDING & COMPLETION. <br />14.1 Requirements. Any and all performance or payment bonds required under this <br />Agreement shall be in an amount equal to one hundred percent (100%) of the estimated value of the work <br />at the time of award of the contract for the construction or installation thereof. All bonds shall include, as <br />part of the obligations secured by the bonds and in addition to the face amounts of the bonds, all costs, <br />expenses and fees, including attorneys' fees, that may be incurred by any obligee in enforcing the bonded <br />obligations. <br />14.2 Vulcan. Any bonds required by this Agreement or otherwise required by any of <br />the Jurisdictions in connection with the construction, installation or maintenance of any Improvements <br />shall name Vulcan as a co-obligee thereunder. Vulcan shall not enforce any of its rights under such bonds <br />prior to providing written notice to the other parties and a cure period of not less than thirty (30} days. <br />14.3 Livermore. Livermore hereby covenants to Vulcan that Livermore shall take <br />reasonable and good faith steps, at no cost to Vulcan, to enforce any bonds required by this Agreement or <br />otherwise required by Livermore related to the construction and completion of any Improvements. Upon <br />commencement of construction of any of the Bl Charro and Intersection Improvements or Livermore <br />Additional Improvements Livermore covenants, represents and warrants to Vulcan that Livermore shall <br />thereafter diligently pursue construction of such improvement to completion in a timely manner, and <br />within the time periods set forth in Sections 3.2 and 4.1 above. <br />002483.00041793691.13 23 <br />
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