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1. Time of Essence. Time is of the essence in the <br />performance of this agreement. The work and improvements <br />required by this agreement to be completed by Developer shall be <br />completed within one (1) year from the above-mentioned date of <br />this agreement. <br /> <br /> The City may extend the time for completion of improvements <br />hereunder, upon good cause being shown by the Developer. Any <br />such extension may be granted without notice to the Developer's <br />surety, and extension so granted shall not relieve the surety's <br />liability on the bond to secure the faithful performance of this <br />agreement. <br /> <br /> 2. Work. Developer will do or cause to be done and <br />performed the following described work: Improvements pursuant to <br />plans entitled "Springhouse Tract 5791 - Lot 27 H.B.P." prepared <br />by Bissell and Karn, Pleasanton, California, dated December, <br />1987. <br /> <br /> 3. Inspection. City shall inspect all of said work through <br />an inspector employed by City at the cost and expense of <br />Developer, and Developer shall pay City the cost of such <br />inspection as fixed by Ordinance. <br /> <br /> The City Engineer has tentatively fixed the inspection costs <br />due upon execution of this agreement as follows: <br /> <br /> $320.00 <br /> <br /> 4. Soils Report. Developer shall provide a preliminary <br />soil report as required by Section 66490 of the Government Code. <br />Said report shall be compiled by a qualified soils testing <br />engineer without expense to the City. <br /> <br /> 5. Plans. All of said work shall be done and materials <br />furnished in strict accordance with the approved plans for said <br />project filed with the City Engineer, and in accordance with the <br />standard specifications and details of the City of Pleasanton. <br />It is further understood that the work and materials shall be <br />under the supervision of the City Engineer, and performed and <br />installed to his satisfaction. <br /> <br /> 6. Related Contracts and Proceedings. Any prior contracts <br />between City and Developer and any prior approvals by Boards, <br />Commissions or Council of City shall not be affected by the <br />provisions of this agreement unless specific modification is set <br />forth herein. <br /> <br /> 7. Security. On signing this agreement, the Developer <br />shall present to the City and file with the City Clerk, <br /> <br /> <br />