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<br />"~ <br />",,-, <br /> <br />pn tte 2 <br /> <br />On:! Mllcr No. .l.p <br /> <br />. (:\) ~:lI\I ,I('v('lnpmrnt cIlntrilt"t !\hrdl lnclu,It' provi~ion!; for ~mpcrvl!'lnn <br />".... uf dctAil~ of ('on~trtlclion hy tht' City Anu r.rAnt to the City authority to <br />,. ,',in!\pt'ct nil work prrf('nDrd pur!\uant to ~:lill cont rnet to n!l"ur~ satlsfnctory <br />I,corform:tnct' And ,~c\mplctionof tht' wnrL ...-.-- <br /> <br />'. <br /> <br />.., <br /> <br />. <br /> <br />Suhd i vi" lOll ~\. \. illl"H~ iill . (;U:1r:mtN", Th... clrvrlopmcilt cont ract~hnl1 <br />.rc-,,"irr, il~ l'rovi,lf"\ hrrc.;Tr\II~,-nl~~r,.:velopt'r to milkc n ca~h dcpo!\it or <br />in lit-II tht'rrof fllrnl!"h a prrformal,c(' hnlld in lln "mount hil~Ctl 1:1,on thco <br />total ('o~t, a~ r~t imntrd hy the' t:it}' FTl~lne('r, of nil puhlic lmprovemcnt!'l, <br />IItilltir!'l an" otht'!' imprrw('mrnl!'l pllT51H1nt lo !'laid contract tohe con!'ltructed <br />:nul In''':llk'' hy till' .1C;VI"\ol'l"r. TIl(' total ,',O!'lt 5hnll inc1uclc the cn~t of <br />in..pect inn h): the Lity IIf all !"IICh it:lprovl'ment5. \lpnn the report of <br />tilt' City r.n~i'llC'!"r tlwt "pel'ial prohleln!'l rxi..', which potentlnlly l'oulll <br />mnke the .lrvt.."lol'l11l'l1t mil!"!" en!"tly or difficult thnn e..tlmatrd, thl~ C:OIl1ldl <br />may rC'lllil'C a l';)o;1\ lit-posit or pC'rformall(,(, hnnd ~reat<,r than th:1t provill('ll <br />IH~r('ln:lfter hili 11111 i.] ('xcecd I!,() p<,rco:'nt of tIll' tntal c.ost. <br /> <br />(I) Cnsh Ilepnsit. ^ c:lsh dcpo!'lit, cert.ified ("'heck or other negotiahle <br />instrument, aPi'l'ovrd hy tht' City Mtorney, shnll hI.' made to the City in 3 <br />sum Cqllll I to J 10 percent of the tolnl ~ost. The CI ty sha 11 becntit led <br />to reimburse its<,lf out of ..aid c1"posit for any cost and expense incurred " <br />by the City for ('nmplct1on of the work in ca5e of default of the developer" <br />under said contract nnd for :lIlY Ilamagrs s\lstail1t"c! hy the City on account <br />of any hre~ch tht"rrof. IIpon s:lti!"fa("Iory complt"tjon (If the terms of the <br />contrilct <ll\lltermination of any liahililit"s to the City of the ueveloper <br />under said contr:lct the hal:inct' !"cmOlininr. of said dcpo..it shall be <br />reflln,\r(\ to,the del'clol'rr, <br /> <br />, .:,....'. <br />~. .' <br /> <br />(2) I'erformancc Hl>il,i.~;1 liell of making a ca!'lh depo!'lit the developer <br />may fllrni5h the City with il puhllC performance hond in the form prescribed <br />. hy statute with corporate surety in il penal sum eqmtl to 12Sperccnt. of the <br />. total C(l..t.":.'~:iici'h(illii shallp\csllhjcet to applovlll of the City Attorney. <br /> <br /> <br />. ..~."..." ." <br />..... '. <br /> <br />Suhdivision (,. ~'a}'mc~ of Ex~~\~<:::: The ownc" or developer shall <br />pay, prior t!!' issll:mce (,f any }-,'.Ii l;'\ing permit for a development, the '" <br />cxp('ns!'s i"I"II:'rcli by th: Clty in !h~ rro("l'~sinl-!, T"cvle\\' , and evnluation of: <br />proposl'd drtvelopmr'nto; an,1 lh.>velopment ront r:lct.. and in the inspection of <br />all work p(~rfnrml'cl ptll'~ll;Jnt. to saill nlllll".1ct... Stich co~ts !'h:111 include. <br />hill I1pt ",.' linl;II.,1 to, those for profession:11 cl1~ineednr., lC~:11 :nlll <br />pl:tl1niap, ..i:'rvic('.., city ~taff time. materials :1I1c1 other servicc~. ^ <br />ll<,po..it inj aT: :lI1lOll11t -'llfficiC'nt to 1':1)' snch expenses, a.. estimntcII hy t11(; <br />CI"rk, may; hI' :h:':l'l'tn! by th(' eit)' whel1ev('~ eX;lct expel1$C'S hnve not hern <br />c!1.'tC'rmil1C',1 :11 tilt' time th" hni J.lill~ pI'rmit i~; is:'IIC'J. <br /> <br />".'.:: <br />. ....... <br /> <br />'lhi,11l1<1111:lnl'f' <hall l;)~.l' "rfrl-t from a 11\\ ;lftrr the <br />l'"!,Jic.::Ili,"", l';l"""'c\ It\' tl\l.' t'OIIlIl"il of Ihl" City of ~'()1I11c1.. <br />of___ 1"1'_I)..l .. .._______ ' I~I " <br /> <br />~. <br />ll;lt<, of its <br />Vi (".oJ t his . -1l!l'- day <br /> <br />,\al'sr: <br /> <br />c~ .w!~jL/L <br />"a~ <br /> <br />)_uLl.:.u.~~/..-- <br /> <br /> <br />I <;! .'.I.l <br /> <br />n~-~#~-------'---- ..---------. <br />"I f' r"- .-~..i~t~~~:;nt or <br /> <br />I <br />I, <br />I <br />