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Revision #1 <br />DRAFT <br />DEVELOPMENT AGREEMENT <br />THIS DEVELOPMENT AGREEMENT is made and entered into by and between the <br />CITY OF PLEASANTON, a municipal corporation organized and existing under the <br />laws of the State of California (the "City"), and DATA SALES OF CALIFORNIA (the <br />"Property Owner"). <br />RECITALS <br />A. In part in order to encourage private participation in comprehensive planning and <br />reduce the economic costs and risks of development, the Legislature of the State <br />of California enacted Section 65864 et seq. of the Government Code which <br />authorizes the City and a property owner/developer to enter into a development <br />agreement, establishing certain development rights in the property which is the <br />subject of a present or future development application. <br />B. Property Owner owns approximately 4 acres of real property, the legal description <br />and map of which aze set forth in Exhibit A (the "Property"), attached hereto and <br />incorporated herein by this reference. <br />Revision #1, Draft Data Sales of California Development Agreement Page 1 of 16 <br />