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One bond shall ~inlthe amount of 100 of e total e timated cost of the work. for each sta a of develo ment, conditioned u on g P P faithful performance of this agreement, ana one bond in the amount.. of 100 of the total estimjated cost of the work for each stage of deve opment shall secureplayment for labor and materials. Cash or instruments df credit shall be in an amount not less .than 100 of the total estimated. cost of improvements which is as follows• $ 116,200.00 Tn 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 work shall be for the account and at the expense of the Subdivider. Subdivider shall. be liable to the City .far any excess costs or damages suffered by the City. 8. Financing. In the event City and Subdivder.enter a con- tract upon mutually agreeable terms providing an appropriate special assessment act .for financing and improvement. of streets and easements, the City. may consent to the following: a. The inclusion of this tract and other ].ands within .said contracts, and b. the release of improvement security as defined in Section 166499 of the Government Code, where the assess ent contract-has filed surety bonds for said ir~Cprovements. 9. Defects. Subdivlider shall be liable for defects in workman .ship and materials on all of the above described improvements for a :.period of one (1) year aftler acceptance and as security for liability against such defects, Subd',ivider shall file improvement or maintenance ..security with the City Clerk, of a type. approved by the City Attorney, in the amount of 400 of the total estimated cost set forth above. 10. Worker's Cam~ensaton. Before commencing work under this contract, Subdivider shall take out and maintain during .the. course of thin agreement., .such workerr's compensation insurance as required by the laws of the .State of California. If the Acting General. Contractor is not the Subdivider, then the General. Contractor will provide the City with the said certificate of worker's compensation insurance prior to start of construction. On failing to do so, the City may procure such insurance for the Subdivider and the Subdivider shall pay .the cost. 11. Hold Harmless Agreement. Subdivider hereby agrees to, and shall hold City, its elective and appointive Boards, Commissions, officers, agents, and employees, harmless from any liability for damage or claims for damage for personal injury, including death, as wel l as from claims from property damage which may arise from Subdivider's contractors', subcontractors', agents' ar employees' operation under this agreement, whether such operations be by Subdivider or by any of Subdiv~.der's contractors, ~SUbcontractors, or by any one or more per- j