CAREY MICHAEL AND THERESA - Laserfiche WebLink

SUBDIVISION AGREEMENT Parcel Map 10530 This Subdivision Agreement ("Agreement") is made and entered into this 2-�"a day of March 2018, by and between, Michael Carey and Theresa Carey, P. O. Box 584, Sunol, CA 94586-0564 ("Subdivider") and the City of Pleasanton, a general law city ("City"). RECITALS WHEREAS, Subdivider has a City -approved planned unit development plan (PUD-1 18) and vesting tentative map for Parcel Map 10530 (the "Parcel Map") for demolishing all existing structures and the development of a) three-story mixed use building with office retail space on the first floor and three apartments on the second and third floors and b) three (3) three-story detached single-family homes on an approximately 13,040-square-foot site at 4791 Augustine Street (the "Site"); and WHEREAS, all or a portion of the area of the vesting tentative map is presented as a "parcel map," and 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 private streets and public easements for the City, and Subdivider proposes to dedicate these easements as set forth in the parcel 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 right of ways, installation or extension of certain City services at Subdivider's expense and certain protection for the City on behalf of the public; and WHEREAS, as mitigation measures and conditions of approval for PUD-118 and the Parcel Map, Subdivider must also construct public and private improvements on the site and public improvements off the site. NOW, THEREFORE, in consideration of the faithful performance of the promises, terms, conditions and covenants set forth herein by Subdivider, 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 one (1) year from the above -mentioned date of this Agreement. The City may extend the time for completion of improvements hereunder, upon good cause being shown by the Subdivider. Any such extension may be granted without notice to the Subdivider's surety; any extension so granted shall not relieve the surety's liability on the bond to secure the faithful performance of this Agreement. Subdivision Agreement Parcel Map 10530 by Michael and Theresa Carey Page 1 of 7