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. - ~, <br />!~ <br />,x <br />Reit^bursement ~~~reement <br />THIS AGREEi-TENT entered into this 6 to day of 3anuary, 1970, by <br />and between FT~F:ET,TAY I~TDUSTRIr`~L Iid`JESii-IE+T COPLpAiY, a California li~aited <br />partnership, hereinafter referred to as "Company" and VALLEY CUP~~Ni~ITY SERVICES <br />DISTRICT, a subdivision of the State of California, hereinafter referred to <br />as '.`District': <br />W I T N E S SET H• <br />Wt~REAS, Exhibit "A" is attached to and made.a part of this Agree- <br />ment delineating generally certain water mains and appurtenances, hereinafter <br />called the "facilities", which coc~pany has installed in accordance with <br />District's specifications; and <br />WHEREAS, said facilities were extended 1,295 lineal feet across <br />certain properties not owned by said Company in order to provide service to <br />a parcel of land ~:no;m as the Reynolds C. Johnsor_ Volnso:agen Property; <br />NOiJ THr.REFCRr., IT IS AGitEED AS FOLLCoJS: <br />1. District arees that in the event of development of t`~e lands <br />upon c~hich the transmission Hain has been placed, the District will le~,ry <br />and seek to collect from said third party developers a front foot charge for <br />all property developed which shall be sufficient to reimburse Cor:pany for <br />all costs expended for this line. <br />2. This agreement shall be in effect for a period of 20 years from <br />the date of execution of this agreement or upon a date when full reimburse:~ent <br />is made, whichever occurs first. <br />3. Front foot charge shall include a S% collection fee to be <br />retained by District and that 57 collection fee is paid by the Co.~;~any to <br />the District at the ti~~e of the execution of this aOreer.:ant. <br />4. No front foot charge refunds will be made after t~~enty years fro:a <br />the date of e~:ecutio,i of the contract for the coy~~pany-financed extension. <br />S. The total amount of all refunds made by the District to the. <br />Company (or ~~ assigns) cry not exceed the .full reimburse~~ent made of rei,.i- <br />bursable costs, <br />RAYMOND ~ BAKER <br />ATTORNEY AT LAW <br />770-A STREET BAKER OLD 6. <br />HAYWARD, C.'1LIFORNIA <br />u7.a~oo - asi.7ao7 <br />