RES 83018 - Laserfiche WebLink

One, bond ,thal ,,c. jn ~hc an/ounL of 3002 c(, ~he Lotal estimated cost. of the week to,: c:dc:h sLaSc el deve],opmcmh, conditioned upon faikbfal porfornnu~:e of [hjs a~roomc~ht, and On~ bond in the amount Of ]00~ ol tile toi.~:[ c~sL~nur:t.c~d cosL of ~]H2 v'oc]: fox: each stagr~ of deve]oJ,ment' sha'I~ sncurc pd]'momt: foJ la}f>o;f and lnd[crla]s. Cash than ]00% fo] lows: or instraiucnts of cucdit 5ha_]] bc in an ataounh not less of the iota] cs[ :imaic. d cost of improvements which :is as $_63._0_.~ 000. O0 In event of breach by Subdivider, City may take over the work and prosecute the same to completion by any method the City deems advisable. Said wo~]; shdll be for the account and at the expense of the Snbdjvide;. Subdivider shall be liable to the City for any oxccss costs or damages suffered by the City. 8. Financing. In the event City and Subdivider enter a con- tract upon mutua]ly agreeable tcrn~s providing an appropriate special assessment act for financing and improvement of streets and easements, the City may consent to the following: The lrlc]usion of this tract and other lands within said contracts, and tile release of improvement security as defined in Section 66499 of the Government Code, where the assessment contrd. ct has filled surety bonds for said jmprovements. 9. Defects. Subdivider shall be liable for d~fects in workman- ship and m~iterials on all of the above described improvements for a period of one (]) year after acceptance and as security for liability against such defects, Subdj vidc_r shall file j reprovemeat or maintenance security with the City Clerk, of a type approved by the City Attorney, in the amount of 10% of the total estimated cost set forth above. ].0, Worker's Compensation. Before cormnencing work under this contract, Subdivider shall take out and maintain during the course of this agreement, such worhor's compensation insnrance as required by the laws of the State of California. If the Acting General Contractor is not tile Subdivider, then the General Contractor will provide the City with the sa~ d cc_:rtificate of v:or]~er ' s compensation insurance prior to start of construction. On failing to do so, the City may procure such insnrance for the Subdivider and the Subdivider shall pay the cos L. 11. field Ilarmless Agreement. Subd:ivider herel~y agrees to, and shall hold City, its elective and appointive Boards, Conunissions, officers, agent:;, and employees, harmless from any liability for damage or claims for dan,age for personal injury, including death, as well' as from c]aims from property damage which may arise from Subdivider's contractors' , subcontractors' , agents' or employees' operation nnder this agreement, wh.nLher such operations be by Subdivider or by any of Subdivider's contractors, subcontractors, or by any one or more per~