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010 <br />1. Furnish the Town two copies of the record drawings, together with: <br />a) the contractors affidavit that the drawings accurately represent the as -built <br />improvements, and <br />b) a certificate of compliance executed by the engineer of record indicating <br />that. work has been performed in substantial compliance with the approved <br />plans and specifications, and <br />c) a Contractor's Affidavit and Release of Liens from all subcontractors and <br />materialmen, and <br />d) a Letter of Credit and/or Warranty Bond from a viable Surety in the name <br />of the Town of Hillsborough for 20% of the Cost of the improvements for <br />a period of one -year from the date of acceptance. <br />2. Convey to the Town and record or cause to have recorded in the Orange County <br />Registry all deeds of easement and plats showing all water and/or sewer <br />easements required to serve the Project. <br />3. Formally dedicate to the Town all physical improvements constructed to serve the <br />Project that is the subject of this contact, which improvements shall become part <br />of the Town water and sewer system and will thereafter be owned and maintained <br />by the Town. <br />IN TESTIMONY WHEREOF, the parties hereto have executed this Contract in duplicate <br />originals, as of the date and year first written. <br />By: <br />President <br />ATTEST: <br />Secretary <br />Inc. <br />El <br />TOWN OF HILLSBOROUGH <br />By: <br />Town Manager <br />ATTEST: <br />Town Clerk <br />