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X. HOMEOWNER AS THIRD-PARTY BENEFICIARY <br /> This Agreement is intended to benefit Residents and the Property Owner. Every Resident <br /> is deemed to be a third party beneficiary of this Agreement with the authority to enforce its <br /> provisions. <br /> XI. TERM <br /> The Agreement shall take effect on October 1, 2007 and shall terminate on December 31, <br /> 2012, unless terminated earlier under Article XV. <br /> XII. PROCEDURE FOR FUTURE RENT REVIEW <br /> In January 2012, the City shall schedule a meeting of the Property Owner and the <br /> Residents to discuss whether there are other terms and conditions upon which a new Agreement <br /> may be adopted. <br /> XIII. MAINTENANCE OF AMENITIES AND SERVICE LEVELS <br /> As of the effective date hereof, the Property Owner provides certain amenities and <br /> service levels to the Residents. The Property Owner shall not reduce these amenities or service <br /> levels ("service reductions") without meeting and conferring with the Residents prior to any <br /> reduction; provided, however, that nothing provided herein shall preclude the Property Owner <br /> from billing Residents separately for utility service fees and charges as provided in Civil Code, <br /> Section 798.41. In addition, Maintenance Standards and Schedule applicable to the Park are <br /> attached hereto as Exhibits F and G and are incorporated herein by reference. Any breach of the <br /> Maintenance Standards and Schedule shall be subject to the Dispute Resolution Procedures in <br /> Article III of this Agreement and/or shall be grounds for termination of this Agreement. <br /> XIV. NOTICE <br /> All notices herein required shall be in writing and delivered in person or sent by first <br /> class mail, postage prepaid. Notices required to be given to City shall be addressed as follows: <br /> City Manager <br /> City of Pleasanton <br /> 123 Main Street <br /> P.O. Box 520 <br /> Pleasanton. CA 94566 <br /> Notices required to be given to the Property Owner shall be addressed as follows: <br /> Philip Hoon <br /> P.A. Hoon & Company <br /> 1010 Sir Francis Drake Blvd. <br /> Kentfield, CA 94904 <br /> 9 <br />