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action by a governmental agency,the three-year deadline for <br />obtaining building permits will be extended for an amount of time <br />equal to the time specified in the written contract. <br /> <br /> E. It is in the public interest that construction in <br />Pleasanton takes place in an orderly and well-planned manner. <br />Land use and circulation system changes have recently taken place <br />in the vicinity of the Property, making its most desirable use <br />uncertain at this time. In order to allow Developer time to <br />perfect plans and studies of the proposed development of the <br />Property to reflect the changing circumstances in North <br />Pleasanton, it is in the public interest that the parties agree <br />that no building permits will be issued on the Property prior to <br />March 27, 1988. <br /> <br /> NOW, THEREFORE, in consideration of the mutual provisions and <br />the sum of One Thousand Dollars ($1,000.00) being paid to <br />Pleasanton as a processing fee concurrently herewith, the parties <br />agree as follows: <br /> <br /> 1. No building permits will be issued on the Property prior <br />to March 27, 1988. <br /> <br /> 2. The effect of this Agreement is to extend until April 6, <br />1988, the time within which building permits can be obtained for <br />the Property by Developer without the expiration of all or any <br />portion of the eight (8) Sewer Permits. <br /> <br /> 3. Nothing herein shall preclude Developer from connecting <br />existing structures now served by septic tank to the sanitary <br />sewer system and using all or a portion of the eight (8) <br />sewer-system connection permits for this purpose. <br /> <br />- 2 - <br /> <br /> <br />