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~~ <br />• <br />land, said system to be designed in accordance with <br />City standards and subject to City approval. <br />(c) Owner agrees to pay an amount computed in <br />accordance with the applicable City formula for <br />connection to water facility improvements subject <br />to a mutual benefit district, reimbursement <br />agreement, or any other agreement. <br />(d) Owner agrees to pay a monthly water service charge <br />as is now or may hereafter be specified by <br />ordinance. <br />(e) Owner agrees to abandon and seal the existing well <br />on the property to the satisfaction of the City <br />Engineer. <br />2. Agreement to Annex. Owner agrees to consent to annex to <br />the City of Pleasanton all those lands described herein at such <br />time as City may require. Owner and City agree that the provisions <br />of this Agreement, State and County laws, and City ordinances and <br />resolutions shall control the responsibilities of both parties at <br />the time of annexation. Owner further agrees to cooperate with <br />City in the annexation of the lands described herein, whether alone <br />or as part of a larger area, and expressly waives the right to <br />protest said annexation and agrees to do no act calculated or <br />tending to prevent, impede, or defeat the successful annexation of <br />said property. <br />3. Land Subject to This Agreement. The land subject to this <br />Agreement shall be those lands of Owner, more particularly <br />described in legal description and map attached hereto as Exhibit <br />A and made a part hereof. <br />4. Bonded Debt. Owner does hereby consent that, upon <br />annexation of his property to City, said property shall be taxed to <br />pay its share of existing bonded indebtedness of City. This <br />Agreement shall serve as such consent, and a copy shall be filed <br />with Treasurer-Tax Collector of Alameda. County, if evidence of such <br />consent is required; provided, however, that Owner's property will <br />be excluded from the City bonded debt existing on the effective <br />date of this Agreement and from and after the annexation of his <br />property to City for all utility facilities to which Owner's <br />property is not connected. <br />5. Taxes. Owner understands that after annexation has been <br />completed said property shall be subject to all real property <br />taxes. <br />6. Assessment Districts. Owner agrees to cooperate with <br />City in the formation of any mutual benefit districts or assessment <br />districts which City deems necessary for the installation of public <br />2 <br />