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CALLAHAN-PENTZ STREET IMPROVEMENT AGREEMENT
City of Pleasanton
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CALLAHAN-PENTZ STREET IMPROVEMENT AGREEMENT
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12/9/2008 12:28:57 PM
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10/16/2007 11:49:12 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
6/29/1982
LONG TERM AGREEMENTS - NAME
CALLAHAN-PENTZ
LONG TERM AGREEMENTS - TYPE
STREET IMPROVEMENT AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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<br />b. All appurtenant traffic signal and landscaping <br />construction: in conformance with plans. on file with <br />the .City Engineer. <br />3. Inspection. City shall inspect all of said work through <br />an inspector employed by City at the cost and expense of Developer, <br />and Developer shall pay City the Cost of such inspection as fixed <br />by ordinance. <br />The City Engineer has tentatively fixed the inspection costs <br />due upon execution of this agreement as follows: <br />$43,600.00 <br />4. Plans. All of said work shall be done and materials furnished <br />in strict accordance with the approved plans for said improvements, <br />and in accordance with the standard specifications and details of the <br />City of Pleasanton. It is .further understood that the work and <br />materials shall be under the supervision of the City Engineer, and <br />performed. and installed to his satisfaction. <br />5. Related Contracts and Proceedings. Any prior contracts <br />between City and Developer and any prior approvals by Board, Com- <br />missions or Council of City shall not be affected by the provisions <br />of this agreement unless specific modification is set forth herein. <br />6. Security. On signing this agreement, the Developer shall <br />present to the City and file with the City Clerk, improvement security <br />as defined in Section 66499 of the Government Code of the State of <br />California.. Said improvement security as approved by the City Attorney, <br />shall consists of the following as determined by the City: <br />a. cash deposit made with the City;. or <br />b. bonds by duly authorized corporate sureties; or <br />c. instruments of credit from financial institutions <br />subject to regulation by .state or federal government; or <br />d. .bonds of a duly authorized. surety company covering <br />all or a portion of said improvements required herein <br />where a contract for improvements has been let through <br />an assessment district proceeding, and where said bonds <br />have been filed with the City Clerk rior to the <br />execution of this. agreement, as a part of the <br />existing improvement district proceedings. <br />One bond shall be in the amount of 100% of the total estimated <br />cost of the work for each stage. of development, conditioned upon <br />faithful performance of this agreement, and one bond in the amount <br />of 100 of the total estimated cost of the work for each stage of <br />development shall secure payment for labor and materials.. <br />-2- <br />
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