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Resolutions 81-287 and 82-334, guaranteed: <br />1. Priority processing through the City review process, <br />and issuance of building/installation permits no <br />later than the date specified in paragraph 3 <br />hereinafter; <br />2. Postponement of the collection of certain City <br />fees and charges related to the development; <br />3. Absorption by the City of any staff overtime costs <br />involved in the review of the project; <br />4. Sewage treatment capacity for the project as part <br />of the City's capacity allotment at the Dublin <br />San Ramon Services District facility; <br />NOW, THEREFORE, in consideration of the faithful perform- <br />ance of the promises, terms, conditions, and covenants set <br />forth herein by the City and Developer, the parties hereto <br />agree as follows: <br />1. Time of Essence. Time is of the essence in the <br />performance of this agreement. The parties agree that the <br />obligations set forth herein are to be met in a timely manner. <br />2. Reference to Subdivision Agreement. The provisions <br />of this agreement relate specifically to the development of <br />"Quail Creek," Pleasanton, Alameda County, California, as <br />that project was proposed and is approved by the City of <br />Pleasanton. <br />3. Waiver of Fees. The Capital Improvement Fund fee <br />(currently $525.00 per dwelling unit) and the Housing Fund <br />fee (currently $400.00 per dwelling units). are waived by the <br />City pursuant to the terms of the Affordable Housing Competition <br />resolution and ordinance. <br />-2- <br />