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VALLEY BUSINESS ASSOCIATES - REIMBURSEMENT AGREEMENT
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VALLEY BUSINESS ASSOCIATES - REIMBURSEMENT AGREEMENT
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11/2/2007 4:25:31 PM
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11/2/2007 3:43:51 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
9/27/1983
LONG TERM AGREEMENTS - NAME
VALLEY BUSINESS ASSOCIATES
LONG TERM AGREEMENTS - TYPE
REIMBURSEMENT AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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<br />S__E__C_O__N__D__A_ MEND_MENT TO SEPTEMBER 27, 1983 <br />~RETMBIJRSEMENT AGREEMENT <br />~I'}iIS AMF:Nh)MEN`I' is made and entered into this day of <br />__ _ _ , 1984, by and between VALLEY BUSINESS <br />ASSOCIATES, a California general partnership, and SENTE <br />ASSOC7:AYES SEVEPJ, a California general partnership (hereinafter <br />toyet;her referred tc~ as "Valley"), and the CITY OF PLEASANTON, a <br />municipal r_orporation (hereinafter referred to as "City"). <br />R E C I T A L S <br />A. Iri accordance with the earlier agreement, the City of <br />Pleasanton has been pursuing approval of an at-grade crossing for <br />the Valley Avenue extension at Stanley Boulevard with the Public <br />Utilities Commission. As of October 1984, six days of contested <br />hearings have been completed at the PUC, the hearing has been <br />closed, acid the matter is set for briefing in November of 1984. <br />It is apparent that additional funding will be required to bring <br />this PUC application to conclusion. <br />NOW, THEREFORE, the parties hereby amend Section 1 of their <br />September 27, 1983 agreement to read as follows: <br />"1. Reimbursement. Valley agrees to reimburse the City for <br />~~ a total of Seventy-five Thousand and No/100ths Dollars <br />($75,000.00) in costs to be incurred in order to prepare and <br />process a PUC application seeking approval for the construction <br />of the at-grade crossings on Valley Avenue near Stanley Boulevard <br />and Busch Road." <br />Except <br />conditions <br />sh <br />- 1 - <br />as specifically amended. hereby, all other terms and <br />of the September 27, 1983 agreement are reaffirmed an <br />
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