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SETTLEMENT AGREEMENT <br /> This Agreement is entered into this 20th day of June, 1995, <br /> by the City of Pleasanton, a municipal corporation <br /> "Pleasanton the County of Contra Costa, a political <br /> subdivision of the State of California (the "County Windemere <br /> Ranch Partners, A California limited partnership "Windemere <br /> and Shapell Industries, Inc. a Delaware corporation "Shapell <br /> Recitals <br /> A. Windemere and Shapell are the owners of certain real <br /> property (the "Property in the Dougherty Valley, which is <br /> located in an unincorporated area of southern Contra Costa <br /> County. In response to proposals by Windemere and Shapell to <br /> develop the Property, the County initiated a study to amend the <br /> County general plan (the "GPA and to adopt a specific plan (the <br /> "Specific Plan for the Property. As part of the study, the <br /> County caused to be prepared a final environmental impact report <br /> (the "EIR for the proposed GPA, Specific Plan and certain other <br /> approvals relating to the development of the Property (the <br /> "Project <br /> B. On December 22, 1992, the County Board of Supervisors <br /> approved Resolutions 92/866 and 92/867 which, among other things, <br /> certified the EIR, approved the GPA and approved the Specific <br /> Plan "the 1992 Approvals <br /> C. On January 21, 1993, Pleasanton, the Town of Danville, <br /> the cities of San Ramon and Walnut Creek, the Alamo Improvement <br /> Association, the Sierra Club, the Greenbelt Alliance, Preserve <br /> Area Ridgelands Committee, Save Our Hills and Mount Diablo <br /> Audubon Association (collectively, "the Petitioners filed a <br /> lawsuit entitled Town of Danville, et. al v. County of Contra <br /> Costa et al. Case No. C 93 -00231 (Contra Costa County Superior <br /> Court) (the "Lawsuit challenging the adequacy of the EIR and <br /> the 1992 Approvals. <br /> D. On May 9, 1994, the Lawsuit was heard in Contra Costa <br /> Superior Court before the Honorable David L. Allen. <br /> E. On May 11, 1994, Danville, San Ramon, the County, <br /> Windemere and Shapell entered into a settlement agreement <br /> relating to the Lawsuit (the "Danville Settlement Agreement <br /> Danville and San Ramon subsequently dismissed with prejudice all <br /> of the causes of action brought by Danville and San Ramon. <br /> 1 <br />