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15. Binding on Land and Successors. All covenants, promises and agreements <br />contained in this Agreement shall pertain to and do hereby expressly run with the land controlled <br />by Developer and described herein. This Agreement shall bind and inure to the parties hereto, <br />including heirs, assigns, executors, administrators, and all other parties whether they succeed by <br />operation of law or voluntary acts of Developer. Signatures and execution of all parties shall be <br />acknowledged before a notary public. Either party may file and record this agreement with the <br />Recorder of Alameda County. <br />The parties hereto a~x their signatures to this Agreement as of the date and year first <br />written above. <br />CITY OF PLEASANTON <br />Deborah Acosta McKeehan, <br />City Manager <br />ATTEST: <br />~ DEVELOPER: Ponderosa Homes II, Inc <br />Peggy ity r <br />B I Au orized Agent <br />APPROVED AS TO FORM: <br />Michael H. Roush, City Attorney <br />rev 6/18/03IvIIt <br />By: Its Authorized Agent <br />SUBDIVISION AGREEMENT -Mass Grading Agreement <br />Tract 7381, Busch/Ponderosa Property <br />Page 7 of 7 <br />