75B - AGMT - LEASE RSCCD - Laserfiche WebLink

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EXHIBIT 1 a) A bond issued by a corporate surety authorized to issue surety insurance in California in an amount agreed upon by the parties ) securing the faithful performance by the contractor of its contract with District; b) A bond issued by a corporate surety authorized to issue surety insurance in California in an amount equal to one hundred percent (100%) of the contract provide payable under the contract securing the payment of all claims for the performance of labor or services on, or the furnishing of materials for, the performance of the contract. Compliance with Laws and Standards Section 5.10. The Significant Improvements shall be constructed, all work on the Premises shall be performed, and all buildings, or other improvements on the Premises shall be erected in accordance with all valid laws, ordinances, regulations, and orders of all federal, state, county, or local governmental agencies or entities having jurisdiction over the Premises. This includes compliance with City building standards, parking requirements, and where applicable CEQA ; provided, however, that any structure or other Improvement erected on the Premises, including the Significant Improvements, shall be deemed to have been constructed in full compliance with all such valid laws, ordinances, regulations and orders when a valid final Certificate of Occupancy allowing for occupancy and use of the structure or other improvements have been duly issued by proper governmental agencies or entities. All work performed on the Premises under this lease, or authorized by the lease, shall be done in a good workmanlike manner and only with new materials of good quality and high standard. Time for Commencement of Construction Section 5.11. District shall cause construction of the Significant Improvements to be commenced no later than seven (7) years after commencement of the lease (October 16, 2026). In the event that, District fails to commence construction of the Significant Improvements on or before the seventh year after the commencement of the lease (October 16, 2026), City will provide 1 years' worth of notice in writing to District of the termination of this lease. Said notice may be revoked by City in the event that, District causes construction of the Significant Improvements to be commenced no later than eight (8) years after commencement of the lease (October 16, 2027). Time for Completion of Construction Section 5.12. District shall complete construction of each of the Significant Improvements no later than twelve (12) years after commencement of this lease. Completion of construction shall be evidenced by issuance of a Certificate of Occupancy(s) or final approval of building permits if a Certificate of Occupancy is not required. City may agree to extend the time for completion of the Significant Improvements in writing for good cause. #iznazVz 75B-12