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<br />ob-231305 <br />the issuance of the first building permit on the Auf der Maur <br /> <br />Parcel, Landowner shall pay Thirty Thousand Dollars ($30,000.00) <br /> <br />to the City as an offset to the City's contribution to the Valley <br /> <br />Avenue Extension Assessment District. <br /> <br />b. <br /> <br />Del Valle Parkway-Bernal Avenue Intersection, <br /> <br />If <br /> <br />traffic studies satisfactory to the City's Director of Public <br /> <br />Works show that there is no need for additional signalization <br /> <br />along the Bernal Avenue Extension (including the Del Valle Park- <br /> <br />way intersection) within five years from the date of the first <br /> <br />major project approval on the Auf der Maur Parcel, then the City <br /> <br />will not include as a condition of that project approval a re- <br /> <br />quirement that the Landowner share in the cost of that signaliza- <br /> <br />tion when and if signalization finally does become necessary. <br /> <br />6. <br /> <br />stanley Boulevard Access. <br /> <br />Landowner desires Stanley <br /> <br />Boulevard access for the proposed Shopping Center Parcel. City <br /> <br />has reviewed Landowner's request and hereby agrees that two <br /> <br />vehicular accesses on the southerly side of Stanley Boulevard <br /> <br /> <br />will be permitt~d subject to a de~ign which includes a decelera- <br /> <br />tion lane adjacent to the proposed vehicular accesses. The de- <br /> <br />celeration lane and two vehicular accesses on Stanley Boulevard <br /> <br />shall be constructed in conjunction with the discretionary proj- <br /> <br />ect approval on the shopping center parcel and shall be con- <br /> <br />structed entirely at developer's expense. <br /> <br />The approximate con- <br /> <br />figuration of the deceleration lane and vehicular accesses shall <br /> <br />be as shown on Exhibit "A" subject to final approval as to loca- <br /> <br />tion by the Director of Publ ic Works, <br /> <br />In conjunction with the <br /> <br />- 7 - <br />