RES 85313 - Laserfiche WebLink

F. On July 26, 1983, the City and Prudential entered into an agreement providing for reimbursement to City for final design of Foothill Reservoir and Foothill Road pipeline and Foothill Road Booster Station No. 2, site acquisition costs, assessment district engineering costs and site construction services. G. City has prepared an initial study of site preparation and construction of Foothill Reservoir dated October 6, 1983, and the telemetry and control system is part of the study. NOW, THEREFORE, in consideration of the faithful performance of the promises, terms, conditions and covenants set forth herein, the parties hereto agree as follows: 1. Time of Essence. Time is of the essence in the performance of this agreement. The work and improvements required by this agreement to be completed by Developer shall be completed within one (1) year from the above-mentioned date of this agreement subject to delays beyond the control of Developer. The City shall extend the time for completion of improvements hereunder, upon good cause being shown by the Developer. Any such extension may be granted without notice to the Developer's surety, and extension so granted shall not relieve the surety's liability on the bond to secure the faithful performance of this agreement. 2. Work. Provided City obtains the easements, rights-of-way and other property rights necessary to construct the work, Developer will do or cause to be done and performed the following described work: Construction of telemetry and control system,.including all necessary appurtenances per Plans and Specifications prepared by Camp, Dresser & McKee, Inc. dated February 11, 1985. All as more particularly shown on the plans attached as Exhibit "A". 3. Inspection. City shall inspect all of said work through an inspector employed by City at the cost and expense of Developer, and Developer shall pay City the cost of such inspection which shall be 4% of the estimated cost. The City Engineer has tentatively fixed' the inspection costs due upon execution of this agreement as $14,000.00. 4. Plans. All of said work shall be done and materials furnished in strict accordance with the approved plans for said improvements, as shown on the attached Exhibit "A", and in accordance with the Standard Specifications and Details of the City of Pleasanton. It is further understood that the work and materials shall be under the supervision of the City Engineer, or his designated agents, and performed and installed to his satisfaction. - 2 -