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The City may extend the time for completion of improvements <br />hereunder, upon good cause being shown by the Developer. Any such <br />extension may be granted without notice to the Developer's surety, <br />and extension so granted shall not relieve the surety's liability <br />on the bond to secure the faithful perforMance o.f this agreement. <br />2. Work. Developer will do or cause to be done and performed <br />the following described work: <br />a. Improvements pursuant to Valley Avenue and Valley <br />Business Park Soundwall prepared by Bissell & Karn <br />dated May, 1983. <br />b. Improvements pursuant to Valley Avenue Landscape <br />Improvement Plans, Santa Rita Road to Kolln Street, <br />prepared by A.S. Dutchover, dated December, 1982., <br />3. Ins ection. City shall inspect all of said work through <br />an inspector emp oyed by the City at the cost and expense of <br />Developer, and Developer shall pay City the cost of such inspection <br />as fixed by Ordinance. <br />The City Engineer has tentatively fixed the inspection casts <br />due upon execution of this agreement as follows: <br />$7,94C.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 />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 b e under the supervision of the City Engineer, and <br />performed and installed to his satisfaction. <br />5. Related Contracts and Proceedin s. Any prior contracts <br />between City an Deve oper an 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. Sec~urit~. 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 />-2- <br />