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6. Special Fund Demands. From the Special Fund herein- <br />above referred to in Paragraphs I-C-5, III-E-1, III-E-2 and III-E-3, <br />City agrees to pay its share of the annual cost of funding certain <br />improvements as such costs are finally determined by the procedures <br />for bidding the construction of such improvements, together with any <br />Assessment District costs and interest charges pertinent to such im- <br />provement costs. <br />F. Mutual Benefit District. The City will, by appropriate <br />procedures and/or ordinances, create pursuant to applicable Sections <br />of the California Business and Professions Code, mutual benefit dis- <br />tricts for the purpose of providing sources of additional funds to pay <br />for the rights of way for Stoneridge Drive east of I-680 and the improve- <br />ment of such portions of Stoneridge Drive. The application of such funds <br />is more particularly described in Paragraph II-B-4 hereof. <br />IV. DEVELOPER AGREES TO ASSUME THE FOLLOWING OBLIGATIONS <br />A. Developer waives any investigation proceeding under the <br />Special Assessment Investigation, Limitation and r9ajority Protest Act <br />of 1931 of the State of California and agrees that said Act shall not <br />apply to any of the assessment district proceedings referred to herein <br />in which Developer is involved or is to be assessed. This waiver will <br />be binding upon any successors in interest or title of Developer to the <br />property described herein as Shopping Center, or to any part or portion <br />thereof, or any undivided interest therein, and Developer agrees that <br />any successor in interest, or any part or portion thereof, shall be <br />bound by this waiver and agrees that City will be furnished with evi- <br />dence of such agreement prior to City taking steps described in Section <br />III of this agreement. <br />B. Developer (but not Stoneson) further hereby waives the right <br />to protest the formation of any of said described Assessment Districts. <br />- 10 - <br />F <br />