A. If the required improvements are not satisfactorily completed before a final map or parcel map is recorded, the subdivider shall enter into an agreement with the city to make all improvements as may be required upon approval of such map. The requirements of such improvement agreement shall not be waived under any circumstances.
B. The purpose of the improvement agreement includes, among other considerations, elimination and avoidance of the harmful effects of premature subdivision which leaves property undeveloped and unproductive. Therefore, commencement of construction of the improvements under the agreement shall not be a condition precedent to the enforcement and requirement of specific performance under said agreement.
C. The benefit of the subdivision improvement agreement inures solely to the city and shall not be construed to benefit any third parties not signatory to said agreement, including, but not limited to the following: lot purchasers; subcontractors; laborers; and suppliers. (Ord. 2017-0009 § 29)