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JENSEN / MANNING - MEMORANDUM OF UNDERSTANDING-PLEASANTON GOLF COURSE
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JENSEN / MANNING - MEMORANDUM OF UNDERSTANDING-PLEASANTON GOLF COURSE
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11/19/2007 9:21:17 AM
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11/19/2007 9:15:39 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
9/17/2002
LONG TERM AGREEMENTS - NAME
JENSEN
LONG TERM AGREEMENTS - TYPE
MOU AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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Steve and Bobby Jensen have provided the City written notice, dated March 23, <br />1999, that they elect to receive their Payment, as provided in Section 1(b) of the MOU, in <br />the following forms: <br />1. Credit against designated improvements to the Lot on which their residence is located. <br />These designated improvements are: <br />(a) installation of infrastructure for a residential water line to serve their <br />residence; and <br />(b) installation of a residential sewer line to serve their residence. <br />2. After deducting the cost of such designated improvements, any remaining <br />Payment due to the Jensens shall be paid in cash at the close of escrow for the Golf <br />Course Property. <br />
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