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1. Time of Essence. Time is of the essence jn the performance <br />of this agreement. The work and improvements required by this agree- <br />ment to be completed by Subdivider shall be completed within one (1) <br />year from the above-mentioned date of this agreement. <br /> <br /> The City may extend the time for completion of improvements <br />hereunder, upon good cause being shown by the Subdivider. Any such <br />extension may be granted without notice to tile Subdivider's surety, and <br />extension so granted shall not relieve the surety's liability on the <br />bond to secure the faithful performance of this agreement. <br /> <br /> 2. Work. Subdivider will do or cause to be done and performed <br />the following described work: Improvements pursuant to plans entitled <br /> <br />"Improvement Plans, Tract 5099, Linvale Unit 4, Pleasanton, California", <br /> <br />prepared by MacKay & Somps, Civil Engineers, dated May, 1983. <br /> <br /> 3. Inspection. City shall inspect all of said work through an <br />inspector employed by City at the cost and expense of Subdivider, and <br />Subdivider shall pay City the cost of such inspection as fixed by <br />Ordinance. <br /> <br /> The City Engineer has tentatively fixed the inspection costs due <br />upon execution of this agreement as follows: <br /> <br />$11,080.00 <br /> <br /> 4. Soils Report. Subdivider shall provide a preliminary soil <br />report as required by Section 66490 of the Government Code. Said data <br />shall be compiled by a qualified soils testing engineer without expense <br />to the City. <br /> <br /> 5. Plans. All of said work shall be done and materials furnished <br />in strict accordance with the approved plans for said tract filed with <br />the City Engineer, and in accordance with the standard specifications <br />and details of the City of Pleasanton. It is further understood that <br />the work and materials shall be under the supervision of the City <br />Engineer, and performed and installed to his satisfaction. <br /> <br /> 6. Related Contracts and Proceedin~L%. Any prior contracts <br />between City and Subdivider and any prior approvals by Boards, <br />Commissions or Council of City shall not be affected by the provisions <br />of this agreement unless specific modification is set forth herein. <br /> <br /> 7. Security. On signing this agreement, the Subdivider 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 consist of the following as determined by the City: <br /> <br /> <br />