RANEY PLANNING & MANAGEMENT, INC. (#2024409)

REIMBURSEMENT AGREEMENT This Reimbursement Agreement (“Agreement”) is entered into on October 10, 2023, between the City of Pleasanton, a general law city (“City”) and Catalyst Development Partners, LLC (“Owner”). RECITALS A. Owner owns or has an interest in 2.99-acres site located at 3200 Hopyard Road in the City of Pleasanton, County of Alameda, State of California, (the “Property”). B. On October 10, 2023, the City approved the professional services agreement with Raney Planning & Management, Inc (Raney) for the preparation of a peer review pursuant to CEQA for the Owner’s proposed 57-multi-family residential unit project and related improvements on the Property. C. Owner agrees to reimburse City for the cost of Raney’s services. NOW, THEREFORE, in exchange for valuable consideration, the parties agree as follows: Section 1. Reimbursement of Third-Party Consulting Costs. A list of the third-party consultants proposed to be retained by the City to prepare the peer review, together with a description of the proposed scope of work and estimate of costs for each third-party consultant, is attached hereto (and incorporated herein as if set forth in full) as Exhibit A (the “Eligible Consulting Costs”). During the term of this Agreement, Owner agrees to reimburse City for the Eligible Consulting Costs. Section 2. Time and Manner of Reimbursement. Payment for Eligible Consulting Costs shall be made as follows: (a) Owner shall make a $20,595 payment (the “Deposit”) to the City when the City executes an agreement for Eligible Consulting Costs; (b) in the case of additional services being necessary and agreed-upon by Owner and the City, such additional costs shall be paid within thirty (30) days of the Owner’s receipt of an invoice from the City. All invoices shall be provided by City pursuant the notice requirements of Section 6, below. Once received, Owner shall review each invoice to confirm the costs set forth therein are Eligible Consulting Costs. The City hereby directs that any Eligible Consulting Costs due to the City pursuant to this Agreement shall be payable to the City of Pleasanton and mailed to: Attention: Diego Mora City of Pleasanton Planning Division 200 Old Bernal Avenue P.O. Box 520 Pleasanton, CA 94566-0802 Section 3. Term. This Agreement shall be effective on the date of execution and shall continue until February 28, 2024 or the final action regarding the Project by the City Council, whichever occurs later. DocuSign Envelope ID: 918D88BB-3F4E-4DAA-A91A-90A5A94A1F46DocuSign Envelope ID: FE1B6497-6527-4DEE-8F28-BF9999E929AA