STAPLES PURCHASE & SALE OF REAL PROPERTY

AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS THIS AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS ("Agreement") is made and entered into as oft)tzco. it -6 , 2010("Agreement Date"), by and between SURPLUS PROPERTY AUTHORITY OF ALAMEDA COUNTY, a public corporation ("Seller"), CITY OF PLEASANTON, a municipal corporation("Buyer"), and CHICAGO TITLE COMPANY ("Escrow Holder"). RECITALS A. Seller is the owner of certain real property located in the unincorporated area of the County of Alameda("County"), State of California, described as Lot 4 (titled "Neighborhood Park") as approximately shown on the Draft Tentative Map attached as Exhibit A consisting of approximately 4.8 acres. Lot 4 is referred to in this Agreement as the "Property." B. The Property is part of a larger parcel of real property presently owned by Seller. The larger parcel presently owned by Seller(excluding the Property) is referred to as"Seller's Retained Property" and consists of approximately 118.72 acres, and is also shown on Exhibit A. Prior to Close of Escrow(defined in Section 2.1), Seller shall cause the Property to become a separate legal parcel pursuant to the California Subdivision Map Act as provided in Section 3. C. Seller desires to sell the Property to Buyer, and Buyer desires to purchase the Property from Seller, in accordance with the terms and conditions contained in this Agreement. AGREEMENT 1. PURCHASE AND SALE. 1.1 Agreement to Buy and Sell. Subject to the provisions of this Agreement, Seller agrees to sell and convey to Buyer, and Buyer hereby agrees to acquire and purchase from Seller, the Property. As used in this Agreement, "Property" includes Seller's fee interest in the Property, and all of Seller's right, title, and interest in and to all privileges, rights, easements, mineral rights, oil and gas rights, water and water rights, and appurtenant rights related to the Property. 1.2 Purchase Price. The purchase price of the Property (the"Purchase Price") is Four Million Eight Hundred Thirty-Two Thousand Three Hundred Twenty-Nine and 00/100 Dollars($4,832,329.00). The Purchase Price is payable on Close of Escrow as provided in Section 2.3. 2. ESCROW AND CLOSING. 2.1 Opening of Escrow. An escrow(the "Escrow") has been previously opened with Escrow Holder at its office located at One Kaiser Plaza, Suite 745, Oakland, California 000299.0044\839978.8 1