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STONESON DEVELOPMENT DEFERMENT AGREEMENT
City of Pleasanton
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STONESON DEVELOPMENT DEFERMENT AGREEMENT
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10/12/2026 1:02:24 PM
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5/19/2004 9:20:40 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
8/24/1982
LONG TERM AGREEMENTS - NAME
STONESON DEVELOPMENT
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
DEVELOPMENT
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· D. Paragraph 8 of Exhibit B to the Agreement, attached <br /> to and incorporated in the 1972 Court Order, provides that where <br /> an owner/developer is precluded from obtaining the necessary build- <br /> ing ~ermits for a specified period of time by reason of action by <br /> a governmental agency, the three-year deadline for obtaining <br /> building permits will be extended for an amount of time equal to <br /> the time specified in the written contract. <br /> <br /> E. It is in the public interest that the construction <br />of residential units in Pleasanton takes place in an orderly <br />manner. In order to allow Stoneson time to perfect plans and <br />studies of the proposed development of the Property and because <br />of Pleasanton's desire to see housing become available on the <br />market at reasonable intervals, it is in the public interest that <br />the parties agree that no building permits will be issued on the <br />Property prior to September 8, 1982~ <br /> <br /> NOW, THEREFORE, in consideration of the mutual provisions <br />and the sum of One Thousand Dollars ($1,000) 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 <br />prior to September 8, 1982. <br /> <br /> 2. The effect of this Agreement is to extend until <br />September 13, 1982 and Jan. 16,1983 the time within which building <br />permits can be obtained for the Property by Stoneson without the <br />expiration of all or any portion of the thirty-seven Sewer Permits <br />and/or the nine Sewer Permits, respectively. <br /> <br /> --2-- <br /> <br /> <br />
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