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SUBDIVISION AGREEMENT <br /> PARCEL MAP 11052, 3987 STANLEY BOULEVARD, PLEASANTON, <br /> ALAMEDA COUNTY, CALIFORNIA <br /> THIS SUBD VISION AGREEMENT(the "Agreement") is made and entered at Pleasanton, <br /> California,this9-7r) day of reIo , 2021, by and between: Saravana Laxmi Narayana Chilla, <br /> Swapna Tangirala, and Rama Krishna Chikati (the "Subdividers") and the CITY OF PLEASANTON, a <br /> municipal corporation, (the "City"). <br /> RECITALS <br /> WHEREAS, Subdivider has a tentative map for Parcel Map 11052, lying within the boundaries <br /> of the City; duly approved by the Planning Commission and the City Council as Ordinance No. 2199, <br /> Case PUD-133 with effective date of November 15, 2019 subject to Conditions of Approval; and <br /> WHEREAS, all of the area of the tentative map is presented as a "parcel map", a copy of said <br /> parcel map is on file in the office of the City Engineer, and by reference is included in this Agreement <br /> for all purposes as if attached hereto; and <br /> WHEREAS, said tentative map and subdivision of land designates streets, easements and public <br /> ways for the City, and Subdivider proposes dedications to the City and the public as set forth in the <br /> parcel map; and <br /> WHEREAS, as a condition precedent to accepting this offer of dedication by Subdivider, City <br /> requires the improvements of the public ways, installation or extension of certain City services at <br /> Subdivider's expense and certain protection for the City on behalf of the public. <br /> NOW, THEREFORE, in consideration of the faithful performance of the promises,terms, <br /> conditions and covenants set forth herein by Subdivider and the approval of the parcel map for recording <br /> by the City,the parties hereto agree as follows: <br /> 1. Time of Essence. Time is of the essence in the performance of this Agreement. The <br /> work and improvements required by this Agreement to be completed by Subdivider shall be completed <br /> within two (2)years from the above-mentioned date of this Agreement. <br /> The City may extend the time for completion of improvements hereunder, upon good cause <br /> being shown by the Subdivider. Any such extension may be granted without notice to the Subdivider's <br /> surety, any extension so granted shall not relieve the surety's liability on the bond to secure the faithful <br /> performance of this Agreement. <br /> 2. Work. Subdivider will do or cause to be done and performed the following described <br /> work: Improvements pursuant to plans and project bond estimates entitled: <br /> a. Construction Plans for Parcel Map 11052, PUD-133, 3 Single Family Homes at 3987 <br /> Stanley Boulevard, Pleasanton, California, APN 946-1686-3-1, and subsequent <br /> SUBDIVISION AGREEMENT CITY OF PLEASANTON,CALIFORNIA <br /> Parcel Map 11052 <br /> Page 1 of 7 <br />