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DOC #2025-0003381 Page 3 of 19 IA-4.2 (3/22) by this Agreement are to be constructed or installed on property not owned by City or Subdivider, no construction or installation shall be commenced before: A. The offer of dedication to City of appropriate rights -of -way, easements or other interests in real property, and appropriate authorization from property owner to allow construction or installation of the Improvements, or B. The dedication to, and acceptance by, City of appropriate rights -of -way easements or other interests in real property, as determined by the Municipal Utilities and Engineering Director, or C. The issuance by a court of competent jurisdiction pursuant to the State Eminent Domain Law of an order of possession. Subdivider shall comply in all respects with the order of possession. Nothing in this Section shall be construed as authorizing or granting an extension of time to Subdivider. 5. Securi1y. TPH shall at all times guarantee Subdivider's performance by furnishing to City and maintaining good and sufficient security as required by the Subdivision laws in accordance with Sections 66499 through 66499.10 of the Government Code, on forms approved by City for the purposes and in the amounts as follows: A. To assure faithful performance of the Agreement in regard to the Improvements in an amount of one hundred (100%) of the estimated cost of the Improvements; and B. To secure payment to any contractor, subcontractor, person renting equipment, or fiirnishing labor and materials for the Improvements, a bond in the amount of fifty (50%) of the estimated cost of the Improvements; and C. To guarantee or warranty the Improvements for a period of one (1) year following acceptance thereof by City against any defective work or labor done or defective materials furnished in the additional amount of ten (10%) of the estimate cost of the Improvements; and D. Good and sufficient security in the amount of one hundred (100%) of the estimated cost of setting subdivision monuments. E. Additional security as required by the applicable provisions of the Redlands Municipal Code. The securities required by this Agreement shall be kept on file with the City Clerk. The terms of the security documents referenced in this Agreement are hereby incorporated into this Agreement. If any security is replaced by another approved security, the replacement shall: (1) comply with all the requirements for security in this Agreement, (2) be provided to the City Engineer to be filed with the City Clerk, and upon filing (3) be deemed to have been made a part of and incorporated into this Agreement. Upon provision of a replacement security with the City Engineer and filing of a replacement security with the City Clerk, the fonner security may be released. 3 L\cmo\Agreements\KL LB Buy 2 LLC Subdivision Improvement Agreement (TM.20473).docx-msv2