MESSA, THOMAS AND ALETA - Laserfiche WebLink

Section 1. Improvement and Benefited Properties. a. The Improvement constructed, financed, and installed by Owners and Paid Property Owners benefit one other property ("Benefited Property"). The Benefited Property is commonly known as APN 946-1704-2 (Habener), the 0.96 acre lot on the northwest corner of Linden Way and Vine Street, Pleasanton, and is shown more particularly in the attached Exhibit " 2". Owners and Paid Property Owners are entitled to recover the Reimbursable Cost of the Improvement from the property owner(s) of the Benefited Property. b. The Benefited Property shall specifically exclude 495 Linden Way. Section 2. Reimbursable Cost. The total cost of the Improvement was $17,694.63. Owners and Paid Property Owners have paid a fair share based on number of developed lots as follows: Owner Address Thomas & Aleta Messa 3626 Vine Street Ken & Cindy Nielsen 3644 Vine Street Mark Porter 3608 Vine Street Arlene Mckee (21ots) 3631 Vine Street Deanna Smith & Steve Owens 415 Linden Way Section 3. Ownership of Improvement. Paid $2949.11 $2949.11 $2949.11 $5898.22 $2949.11 The Improvement has been dedicated to and accepted by the City. Section 4. Reimbursement. When the owner(s) of the Benefited Property connect a sanitary sewer lateral into the Improvement, the owner(s) of the Benefited Property shall pay their pro-rata share of the Improvement cost as follows: $17,694.63 / 7 parcels = $2527.80 Section 5. Interest. Simple interest at the rate of six percent (6%) simple interest shall be added to the Reimbursement amount each calendar year on January 1st, following the date of this Agreement.