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EXHIBIT A AFFORDABLE HOUSING AGREEMENT This AFFORDABLE HOUSING AGREEMENT ("Agreement") is made this day of , 2015, by the CITY OF PLEASANTON,a Municipal Corporation ("City"), and GHC LUND RANCH,LLC a Delaware limited liability corporation ("Developer"). Recitals A. Developer currently owns a legal or equitable interest in land consisting of approximately 195 acres in Pleasanton, California, more particularly described in Attachment 1 attached hereto and incorporated herein by reference (the "Property"). B. For the Property, Developer has obtained all necessary entitlements to develop a 50 unit single-family residential project that includes approximately 161 acres of open (collectively the "Project"). C. Execution of this Agreement memorializes the requirements of the City's Inclusionary Zoning Ordinance (Ordinance 1818) for the Project. NOW,THEREFORE, in consideration of the mutual covenants, agreements and conditions contained herein, City and Developer agree as follows: 1. Developer shall pay a Lower Income Housing Fee in the amount of Eleven Thousand Two Hundred and Twenty Eight Dollars ($11,228.00) for each housing unit included in the Project(which would result in a total $561,400.00 upon the issuance of the 50th building permit for the Project). 2. In addition to the payment of the Lower Income Housing Fee, Developer has offered and the City has agreed for the Developer to pay an affordable housing contribution in the amount of Twenty Three Thousand and One Hundred and One Dollars ($23,101.00) for each housing unit included in the Project (the"Affordable Housing Contribution") (which would result in a total $1,115,050.00 upon the issuance of the 50th building permit for the Project). 3. In accordance with Pleasanton Municipal Code Section 17.40.100, Developer shall pay the Lower Income Housing Fee and the Affordable Housing Contribution at the time of the issuance of a building permit for a residential unit in the Project. 4. The payment of the Lower Income Housing Fee shall be in lieu of providing price restricted affordable housing on or off of the Property or any other affordable housing programs or units as part of the Project and shall fully meet the requirements of the City's Inclusionary Zoning Ordinance (Ordinance 1818).