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STONESON DEVELOPMENT
City of Pleasanton
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STONESON DEVELOPMENT
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11/2/2007 11:17:28 AM
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11/2/2007 9:32:00 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
5/31/1974
LONG TERM AGREEMENTS - NAME
STONESON DEVELOPMENT
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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will coordinate his grading plan, the size and dimensions thereof, <br />utility facilities for common use of the Shopping Center and the public, <br />storm sewers including drains, surface drainage installations in the <br />parking lot, sanitary sewers, including taps for connecting to private <br />property, with the plans for design and engineering of Shopping Center. <br />D. Procedures subsequent to levy of assessments: <br />1. Timin for creation of lien of assessment. When the <br />Developer has acquired title to Shopping Center and has satisfied <br />the City Council that steps have been taken which satisfactorily <br />guarantee that construction of marketing facilities will be completed, <br />then the following steps with respect to the assessment district <br />(other than assessment district 1974-1) and the construction of the <br />reservoir will occur in .accordance with the order herein established: <br />(a) Permits required for the initial phases of construc- <br />tion of the Regional Shopping Center will have been obtained from the <br />City and appropriate departments and agencies of the State of California <br />and the Federal Government provided that the City may issue permits <br />sequentially as needed. <br />(b) Bond maturity schedule will be agreed upon between <br />Developer and City. <br />(c) City will cause the assessments theretofore levied <br />in assessment districts heretofore described to be recorded which, <br />upon such recordation, will become a lien upon the properties assessed, <br />and the City will cause the necessary steps to be undertaken to cause <br />the construction of the reservoir. <br />2. The word "guarantee" used in preceding Paragraph III-D-1 <br />above is defined as documentation that includes, but is not limited to, <br />execution between the appropriate parties of a Reciprocal Easement and <br />Operating Agreement, an executed agreement between Developer and a licensee <br />contractor to construct the Shopping Center Mall, and evidence that a <br />- 7 - <br />F <br />
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