AUF DER MAUR TRAFFIC FEE CREDIT AGMT 2006

(b) The Traffic Fees for the Project at 3121 Bernal Avenue were $106,20.1.35. (c) The cost for the Improvements was $159,525 ($145,875 for the traffic lights and related infrastructure and $13,650 for the design costs). $80,346. (d) The value of the property dedicated to the City as set forth in Recital D was (e) Previously credits for Traffic Fees have been provided for these other development projects within the Stanley Business Park: 3001 Bernal Avenue, $44,068.99; 3400 Nevada Court, $21,169.52. (f) As of the date of this First Amendment, Owners have $5,853.59 as available _ Traffic Fees credit. [$159,525 and $80,346 minus $62,577.55, $106,201.35 and 65,238.51]._ Owners may use this credit against Traffic Fees due on other development projects on qualified property (as defined in the Agreement) within the Stanley Business Park Owners shall notice the City, in writing, of the project(s) and the amount of the available credit that Owners wish to assign the qualified property. Such notice must be received by City prior to the issuance of a building permit for a development project on qualified property." 2. In all other respects, the terms and conditions of the Agreement are to continue in full force and effect. Executed as of the date first written above. CITY OF PLE NTON Nelson Fialho, City Manager Attest: ~. ' 1 i z 1~ ', Dawn Abraha son, City Clerk App7r~ov~ed as to form: r tJ ~``C C~~.~~ Michael H. Roush, City Attorney (aj:my docs\agrmts\OS\l~` amnd traf dev fee credit agrmt) OWNERS ~~-~~ ~, Frank Auf de our ,~/ /n Konrad Rickenbach 2