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Improvements pursuant to Improvement plans, Hopyard <br />Road - Arroyo Mocho Bridge, Pleasanton, California, <br />prepared by Bissell and Karn, d,~ted February, 1982. <br /> <br />All appurtenant traffic signal, landscaping, and <br />soundwall construction in conformance with plans on <br />file with the City Engineer. <br /> <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 by <br />Ordinance. <br /> <br /> The City Engineer has tentatively fixed the inspection costs <br />due upon execution of this agreement as follows: <br /> <br />$48,360.00 <br /> <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 /> <br /> 5. Related Contracts and Proceedings. Any prior contracts <br />between City an~ Developer and any prior approvals by Boards, 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 /> <br /> 6. Securityt 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 consist of the following as determined by the City: <br /> <br />a. cash deposit made with the City; or <br /> <br />b. bonds by duly authorized corporate sureties; or <br /> <br />instruments of credit from financial institutions <br />subject to regulation by state or federal. government; or <br /> <br />bonds o{ 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 prior to the <br />execution of this agreement, as a part of the <br />existing improvement district proceedings. <br /> <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 /> <br /> <br />