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PUBLIC IMPROVEMENT AGREEMENT <br />FOOTHILL ROAD RESERVOIR SITE <br />AND ACCESS ROAD IMPROVEMENTS <br />THIS AGREEMENT is made and entered at_Pleasanton, <br />California on the 11th day of October, 1983 by and between: <br />THE PRUDENTIAL INSURANCE COMPANY OF AMERICA <br />4637 Chabot Drive, Suite 303 <br />Pleasanton, California 94566 <br />(hereinafter referred to as "Developer") and the CITY OF <br />PLEASANTON, a general law city, located in Alameda County, <br />California, (hereinafter referred to as "City"). <br />RECITALS <br />A. There is significant proposed and approved industrial/ <br />commercial growth in North Pleasanton. In order for existing <br />development and additional such growth to have adequate <br />water, there must be improvements to the City's water system, <br />including the addition of an eight million (8,000,000) <br />gallon reservoir in the vicinity of Foothill Road ("Foothill <br />Reservoir"). <br />B. The parties contemplate that Foothill Reservoir, <br />the proposed Tassajara Reservoir and related water system <br />improvements will be included in an assessment district <br />("North Pleasanton Water Improvement District") to be formed <br />in approximately mid-1984. <br />C. Prudential is the owner of lands within the area <br />to be served by the proposed Foothill Reservoir, including, <br />specifically, Parcels 1, 5-15, 18-27, 31-33, and 35-36 of <br />Parcel Map 3858. Prudential has volunteered to provide <br />-1- <br />