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-S . r FARGO Irrevocable Standby Letter Of Credit RECEIVED JUL 252014 Number: 150218448U Issue Date: July za,2014 CITY OF PLEASANTON PLANNING DIVISION BENEFICIARY APPLICANT CITY OF PLEASANTON THE QUARRY LANE SCHOOL INC. ATTN: DIRECTOR OF PLANNING ATTN:SABRI ARAC 200 OLD BERNAL AVENUE 3750 BOULDER STREET PLEASANTON,CALIFORNIA 94566 PLEASANTON,CALIFORNIA 94566-4806 LETTER OF CREDIT ISSUE AMOUNT USD 9,400.00 EXPIRY DATE JULY 25, 2016 LADIES AND GENTLEMEN: AT THE REQUEST AND FOR THE ACCOUNT OF THE ABOVE REFERENCED APPLICANT,WE HEREBY ISSUE OUR IRREVOCABLE STANDBY LETTER OF CREDIT IS0218448U (THE "LETTER OF CREDIT") IN YOUR FAVOR IN THE AMOUNT OF USD9,400.00(NINE THOUSAND FOUR HUNDRED AND NO/100 UNITED STATES DOLLARS)AVAILABLE WITH US AT OUR ABOVE OFFICE BY PAYMENT AGAINST PRESENTATION OF THE FOLLOWING DOCUMENTS: 1.A DRAFT DRAWN ON US AT SIGHT MARKED"DRAWN UNDER WELLS FARGO BANK, N.A. STANDBY LETTER OF CREDIT NO. IS0218448U." 2.THE ORIGINAL OF THIS STANDBY LETTER OF CREDIT AND ANY AMENDMENTS THERETO. 3. BENEFICIARY'S SIGNED AND DATED STATEMENT WORDED AS FOLLOWS: "THE UNDERSIGNED,AN AUTHORIZED REPRESENTATIVE OF CITY OF PLEASANTON,HEREBY CERTIFIES THAT QUARRY LANE SCHOOL INC.HAS FAILED TO MEET ITS LANDSCAPING OBLIGATIONS ON THE PLEASANTON CAMPUS OF THE QUARRY LANE SCHOOL." IN THE EVENT OF PARTIAL DRAWINGS WHERE MULTIPLE DRAWINGS ARE NOT PROHIBITED,WELLS FARGO BANK,N.A. SHALL ENDORSE THE ORIGINAL OF THIS LETTER OF CREDIT AND RETURN IT TO THE BENEFICIARY. THIS LETTER OF CREDIT EXPIRES AT OUR ABOVE OFFICE ON JULY 25,2016. IF ANY INSTRUCTIONS ACCOMPANYING A DRAWING UNDER THIS LETTER OF CREDIT REQUEST Together we'll go far Page 1of2 _.��_ Each page of this document is an integral part a-" �'} CIO , of this Irrevocable Standby Letter of Credit Number 150218448U .ZIP >i® ._�_ _ __ _ . . .. _. __