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OFF-SITE PUBLIC IMPROVEMENT AGREEMENT <br />(for items to be constructed with Tract 7381) <br />Ponderosa Homes <br />Busch/Ponderosa Property, Tract 7381 <br />THIS AGREEMENT made and entered at Pleasanton, California, this ~_ <br />day of NouQn-bw , 2003, by and between: <br />Ponderosa Homes II, Inc. <br />6671 Owens Drive <br />Pleasanton, CA 94588 <br />Phone: 925-460-8981 <br />(hereinafter referred to as "Subdivider") and the CITY OF PLEASANTON, a general law city, <br />located in Alameda County, California, acting through the City Manage* and the City Clerk, <br />(hereinafter referred to as "City"). <br />WHEREAS, Subdivider has a approved tentative map for said tract, lying within the <br />boundaries of the City, duly approved by the Planning Commission; and <br />WHEREAS, Subdivider has presented offsite improvement plans for: <br />a) traffic signals at Busch Road/Ironwood Drive, Busch Road/Valley Avenue, Valley <br />Avenue/Boulder Street designed by TJKM dated September, 2003, Pleasanton, <br />California and Bond Estimate for Tract 7381-Busch Property, dated October 1, 2003 and <br />subsequent revisions to the plans prepared by TJKM, approved by the City Engineer; <br />and <br />b) "Improvement Plans, Tract 7381- Busch/Ponderosa Property for Busch and Valley <br />Avenue improvements" designed by Ruggeri-Jensen-Azar & Associates dated <br />September 4, 2003, Pleasanton, California and Bond Estimate for Tract 7381-Busch <br />Property, dated October 10, 2003 and subsequent revisions to the plans prepared by <br />Ruggeri-Jensen-Azar & Associates, approved by the City Engineer; and <br />c) re-striping and public improvement work as required by the City Traffic Engineer at <br />Ray Street/First Street, Hopyard/Stoneridge Drive intersection, Hacienda <br />Drive/Stoneridge Drive intersection improvement; traffic calming measures along Mohr <br />Avenue (Mohr Avenue/Martin Avenue, Mohr Avenue/Courtney Avenue) and Maple <br />Leaf /Kamp Drive (south); and installation of four "your speed devices" at locations <br />approved by the Traffic Engineer in Mohr-Martin area (collectively "Public <br />Improvements"); <br />WHEREAS, said plans and project conditions of approval designate construction of <br />Public Improvements that the Subdivider intends to construct and dedicate to the City, and <br />Offsite Public Improvement Agreement for items to be constructed with Tract 7381 <br />Project: Tract 7381, Busch Road/Mohr Avenue <br />Page 1 of 8 <br />