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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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as the same may from time to time be amended (the "Development <br />Agreement"). <br />d) In addition, Properties agrees to support and <br />cooperate in the formation and implementation of the proposed <br />North Pleasanton Improvement District ( "NPID ") which, aspresently <br />contemplated, is designed to provide for and finance the construction <br />of various roadways, utility and related improvements in connection <br />with the existing and future commercial development of the North <br />Pleasanton area. Specifically, Properties agrees to either (1) not <br />protesttheestablishmentoftheNPIDor (2) to affirmatively vote <br />for the creation of the NPID and agrees further to do no act <br />calculated or tending to prevent, impede ordefeat the successful <br />formation thereof. However, Properties retains the right to protest <br />the type or scope of improvements, costs thereof, and their allocation <br />among various properties as to equitableness and reasonableness. <br />e) Inaddition, Properties agrees to enter into an <br />appropriate agreement modifying (in accordance with the provisions <br />of this subparagraph (e)) that "Agreement of Procedures and <br />Obligations for Assisting in the Establishment of a Major Shopping <br />Center in the Stoneridge Area Through Financing of the Public <br />Improvements by Special Assessment Proceedings ", dated April 25, <br />1978, between and among Properties, the City and certain other <br />entities (the "1978 Agreement "). (All capitalized ter-_s used in <br />this subparagraph (e) not otherwise defined in this Agreement shall <br />have the meanings given to them in the 1978 Agreement.) The <br />1978 Agreement provides that the City will contribute from the <br />Special Fund monies to make all annual payments of principal and <br />interest assessed against the Shopping Center to service bonds <br />4-
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