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TAUBMAN
City of Pleasanton
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LONG TERM AGREEMENT
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TAUBMAN
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8/4/2021 9:11:52 AM
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7/26/2010 9:28:20 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
6/12/1984
LONG TERM AGREEMENTS - NAME
TAUBMAN COMPANY
LONG TERM AGREEMENTS - TYPE
DEVELOPMENTAGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
STONERIDGE PROJECT
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Center after initial completion shall have the right from time to <br />time to acquire additional sewer discharge capacity from the City <br />pursuant to the then applicable provisions of the Pleasanton <br />Sewerage Code, whether or not there shall then remain any unallo- <br />cated portion of the Original Capacity; provided, however, that <br />the foregoing shall not expand the rights of Properties to obtain <br />additional such capacity beyond those as set forth in Paragraph <br />3(d) above. <br />5. Development Deferment. <br />a) Properties shall not be entitled to obtain any <br />building permit in respect of the construction of a fourth major <br />department store within the Center prior to July 1, 1986 or to <br />obtain any building permit in respect of the construction of a <br />fifth major department store or any free - standing building in the <br />Center prior to July 1, 1988. Subject to the foregoing development <br />limitations, Properties shall be permitted to construct enclosed <br />mall, mall store and related improvements in conjunction of the <br />fourth and /or fifth department store in order to permit an <br />integrated, first -class addition to the existing Center improvements. <br />The foregoing limitations shall not limit build -out for occupancy <br />ofpresently unoccupied space within existing improvements owned <br />by Properties in the Center. <br />b) The provisions of subparagraph (a) above shall not <br />prohibit Properties from submitting plans and development proposals <br />for the Center to the City, including, without limitation, sub- <br />division or parcel maps, design review applications, applications <br />for other approvals, orbuilding permit applications prior to any <br />date set forth in subparagraph (a).
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