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Revised May 13, 1983 <br />2. Work. Provided City obtains the easements, rights-of-way <br />and other property rights necessary to construct the work, developer <br />will do or cause to be done and performed the following described work: <br />Improvements pursuant to Plans entitled Old Santa Rita <br />Road Improvements, Pleasanton, California, prepared by <br />Bissell and Karn, dated January 1983; <br />all as more particularly shown on the plans attached as Exhibit "A". <br />3. Inspection. City shall <br />inspector employed by City at the <br />Developer shall pay City the cost <br />Ordinance. <br />inspect all of said work through an <br />cost and expense of Developer, and <br />of such inspection as fixed by <br />The City Engineer has tentatively fixed the inspection costs due <br />upon execution of this agreement as follows: <br />$43,348.00 <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 />as shown on the attached Exhibit "A", and in accordance with the <br />standard specifications and details of the City of Pleasanton. It is <br />further. understood that the work and materials shall be under the <br />supervision of the City Engineer, and performed and installed to his <br />satisfaction. <br />5. Related Contracts and Proceedings. Any prior contracts <br />between City and Developer 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 />6. Security. 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 />a. cash deposit made with the City, or <br />b. bonds by duly authorized corporate sureties, or <br />c. instruments of credit from financial institutions <br />subject to regulation by State or Federal government, <br />or <br />d. bonds of a duly authorized surety company covering all or <br />a portion of said improvements required herein where a <br />contract for improvements has been let through an <br />assessment district proceeding, and where said bonds <br />have been filed with the City Clerk rior to the execution <br />of this agreement, as a part of the existing improvement <br />district proceedings. <br />-2- <br />