Deed - 2160 Marina Blvd - File 1091, 1982

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to complete the public improvements within the said 1 year period and said period is not extended by the Director of Public Works the City may complete said work, or any portion thereof, and shall be entitled to recover the full cost and expenses thereof from Owner or his surety as he: rinafter provided. The City may require Owner or his surety to pay the City, in advance, sufficient money to recover the City's cost in completing construction of said public improvements. If the construction of the public improvements should be delayed without fault of Owner, the time for the completion thereof may be extended by City for such period of time as City may deem reasonable. Any extension of time hereunder shall not operate to release the surety on the bonds filed pursuant to this Agreement. In this connection the surety waives the provision of Section 2819 of the Civil Code of the State of Cali fornia. 3. Improvements to be Prooertv of Citv. The improvements constructed or installed pursuant to this Agreement shall become the sole and exclusive property of the City of San Leandro, without payment therefor, upon acceptance of said improvements by the City. Said public works shall not be deemed completed until accepted by the Director of Public Works of the City of San Leandro and shall be free and clear of all liens and encumbrances of any kind or character whatsoever. 4. Guarantee of Public Improvements. Unless the improvements required herein are installed pursuant to Special Assessment Act proceedings, the Owner agrees to remedy any defects in the improvement arising from faulty or defective construction of said improvements occurring within 12 months after acceptance thereof. S. Dedication of Land. At the time of the execution of this Agreement, Owner shall submit and dedicate by grant deed to the Citv the property descrihed in Exhibit B attached hereto and incorporated herein by reference. City agrees to accept such deed.