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BRADDOCK & LOGAN-REIMBURSEMENT AGMT TRAFFIC SIGNAL IMPROVEMENT 8/7/99
City of Pleasanton
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BRADDOCK & LOGAN-REIMBURSEMENT AGMT TRAFFIC SIGNAL IMPROVEMENT 8/7/99
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10/23/2007 12:35:28 PM
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10/18/2007 1:19:26 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
8/7/1999
LONG TERM AGREEMENTS - NAME
BRADDOCK & LOGAN
LONG TERM AGREEMENTS - TYPE
REIMBURSEMENT AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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<br />Exhibit B <br />Description of Improvements /Estimate of Costs /Share of Costs <br />Description of Improvements: <br />• Traffic signaiizztion (Sunol Blvd. @ Arlington Blvd.) <br />(including traffic arm, signal, sensors) <br />Estimate of Costs: <br />$120,000.00 <br />Share of Costs: <br />Developer share = h2.5% <br />Benefited Propem = 37.5%* <br />(* Benefited Property must pay 100% of the cost of relocating the Improvements) <br />{For example, if the tratj'rc signalization costs $120, 000, and the relocation of the signal as a <br />result of subsequent detieiopment costs .530, 000, then: <br />Developer must pay 62.5% of 5120, 000 = S75.000. <br />Benefited Propern~ must pay 37.5% of $120, 000 = S45, 000 plus 530, 000 for relocation <br />for a total of S ^~ .000. } <br />Exhibit B <br />
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