RES 82037 - Laserfiche WebLink

WHEREAS, Subdivider intends to assign all rights and interest in the property to Assignee upon filing of the final map. - NOW, THEREFORE, in consideration of the faithful performance of the promises, terms, conditions and covenants set forth herein by Subdivider and the approval of the map for recording by the City, the parties hereto agree as follows: 1. Time of Essence. Time is of the essence in the per- formance of this agreement. The work and improvements required by this agreement to be completed by Subdivider shall be completed within one (1) year from the above-mentioned date of ~his agreement. The City may extend the time for completion of improvements hereunder, upon good cause being shown by the Subdivider. Any such extension may be granted without notice to the~Subdivider'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. Subdivider will do or cause to be done and per- formed the following described work: Improvements pursuant to plans entitled "Improvement Plans, Tract 4863, Santa Rita Industrial Park, Pleasanton, California", prepared by Associated Professions, Inc., Civil Engineers, dated June, 1981. 3. Inspection. City!shall inspect all of said work through an inspector employed by City at the cost and expense of Sub- divider, and Subdivider shall pay City the Cost of such inspec- tion as fixed by Ordinance. The City Engineer has tentatively fixed the inspection costs due upon execution of this agreement as follows: $18,960.00 4. Soils Report. Subdivider shall provide a preliminary soil report as r~quired by Section 66490 of the Government Code. Said data shall be compiled by a qualified soils testing engineer without expense to the City. 5. Plans. All of said work shall be done and materials furnished in strict accordance with the approved plans for said tract filed with the City Engineer, 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, and performed and installed to his satisfaction. 6. Related Contracts and Proceedings. Any prior contracts between City and Subdivider and any prior approvals by Boards, Commissions or Council of City shall not be affected by the provisions of this Agreement unless specific modification is set forth herein. -2-