PONDERSOA HOMES II - TRACT 7721 - Laserfiche WebLink

A001k SUBDIVISION AGREEMENT TRACT NO. 7721, "LEHMAN/SELWAY" PLEASANTON ALAMEDA COUNTY, CALIFORNIA THIS SUBDIVISION AGREEMENT ("Agreement") is entered into at Pleasanton, California,this 1-7 t*, day of , ;012,by and between: Ponderosa Homes II, Inc., a California Corporation 6130 Stoneridge Mall Road Pleasanton, CA 94588 Phone: 925-460-8981 ("Subdivider") and the CITY OF PLEASANTON, a general law city ("City"). WHEREAS, Subdivider has a vesting tentative map for Tract 7721, lying within the boundaries of the City; duly approved by the Planning Commission; and WHEREAS, all or a portion of the area of the vesting tentative map is presented as a "final map", a copy of said map is on file in the office of the City Engineer, and by reference is included in this Agreement for all purposes as if attached hereto; and WHEREAS, said map and subdivision of land designates streets, easements and public ways for the City, and Subdivider proposes to dedicate this land set forth in the final map to the City; and WHEREAS, as a condition precedent to accepting this offer of dedication by Subdivider, City requires the improvements of the public ways, installation or extension of certain City services at Subdivider's expense and certain protection for the City on behalf of the public. NOW, THEREFORE, in consideration of the faithful performance of the promises,terms, conditions and covenants set forth herein by Subdivider and the approval of the map for recording by the City,the parties hereto agree as follows: 1. Time of Essence. Time is of the essence in the performance of this Agreement. The work and improvements required by this Agreement to be completed by Subdivider shall be completed within two (2) years from the above-mentioned date of this Agreement. SUBDIVISION AGREEMENT TRACT NO. 7721,"Lehman/Selway" Page 1 of 8