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SENTE ASSOCIATES SUBDIVISION AGREEMENT TRACT 4326
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SENTE ASSOCIATES SUBDIVISION AGREEMENT TRACT 4326
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11/9/2007 8:51:01 AM
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11/9/2007 8:29:46 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
4/1/1980
LONG TERM AGREEMENTS - NAME
SENTE ASSOCIATES
LONG TERM AGREEMENTS - TYPE
SUBDIVISION AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
TRACT 4326
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6. Related Contracts and Proceedings. Any prior <br />contracts between City and Subdivider and any prior approvals <br />by Boards, Commissions or Council of City shall not be <br />affected by the provisions of this agreement unless specific <br />modification is set forth herein. <br />7. Security. On signing this agreement, the <br />Subdivider shall present to the City and file with the City <br />Clerk, improvement security as defined in Section 66499 of <br />the Government Code of the State of California. Said im- <br />provement security as approved by the City Attorney, shall <br />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 sure- <br />ties; or <br />C. Instruments of credit from financial <br />institutions subject to regulation by state or federal <br />government; or <br />D. Bonds of a duly authorized surety company <br />covering all or a portion of said improvements required <br />herein where a contract for improvements has been let <br />through an assessment district proceeding, and where <br />said bonds have been filed with the City Clerk prior to <br />this agreement, as a part of the existing improvement <br />district proceedings. <br />The bond or bonds shall be in the amount of 100% <br />of the total estimated cost of the work for each stage of <br />development, conditioned upon faithful performance of this <br />-4- <br />
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