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<br />SUBDIVISION IMPROVEMENT AGREEMENT <br />TRACT 8724 <br />Page 1 of 11 <br /> <br />RECORDING REQUESTED BY: <br /> <br />City of Pleasanton <br /> <br />AND WHEN RECORDED MAIL TO: <br /> <br />City of Pleasanton <br />Attention: City Clerk <br />P.O. Box 520 <br />Pleasanton, CA 94566 <br /> <br /> <br />MAIL TAX STATEMENTS TO: <br /> <br />City of Pleasanton <br />P.O. Box 520 <br />Pleasanton, CA 94566 <br /> <br /> Space Above This Line For Recorder’s Use Only <br /> <br />The Undersigned grantor(s) declare(s): <br />CITY TRANSFER TAX $0.00 <br />DOCUMENTARY TRANSFER TAX $0.00 <br />SURVEY MONUMENT FEE $0.00 <br />R&T Code 11911; Consideration is less than $100 <br /> <br /> <br />APN: 941-4619-1 <br />Recording requested pursuant to California Government Code <br /> Sections §27383 & 6103 (No Fee; Government Agency) <br /> <br />SUBDIVISION IMPROVEMENT AGREEMENT <br /> <br />VESTING TENTATIVE MAP 8724 <br />CITY OF PLEASANTON, ALAMEDA COUNTY, CALIFORNIA <br /> <br /> <br /> THIS IMPROVEMENT AGREEMENT (the "Agreement") is made and entered at Pleasanton, <br />California, this day of , 2026 (“Effective Date”), by and between KL LB PROPCO IV- <br />C LLC, a Delaware Limited Liability Company, (the "Subdivider") and the CITY OF PLEASANTON, a <br />municipal corporation (the "City"), and TH VINEYARD LLC, a California Limited Liability Company <br />(“Contractor”). <br /> <br />RECITALS <br /> <br /> WHEREAS, Subdivider has an approved tentative map for 8724 (“VTM”) at 0 Vineyard Avenue <br />(Assessor Parcel No(s). 941-4619-1 (“Project Site”) for the development project known as the 0 <br />Vineyard Avenue (“Project”), lying within the boundaries of the City; duly approved by the Planning <br />Commission with Conditions of Approval on July 9 2025, as further set forth in Application P24-0596, <br />Resolution No. PC-2025-14 and the other Project materials on file in connection therewith (collectively, <br />the “Project Plans”); and <br /> <br /> WHEREAS, said VTM and the related subdivision of land to be effectuated thereby designates <br />certain subdivision improvements to be made by Contractor on behalf of Subdivider as set forth in this <br />Agreement; and <br /> <br /> WHEREAS, on behalf of Subdivider, Contractor intends to satisfactorily complete the <br />improvements within the time hereafter specified, and City intends to accept Subdivider’s offer(s) of <br />dedication of the improvements in consideration for Subdivider’s satisfactory performance of the terms <br />and conditions of this Agreement; <br />ATTACHMENT 1 <br />Page 204 of 846