YOUNG, BARBARA KAY - Laserfiche WebLink

SUBDIVISION AGREEMENT Parcel Map 10538 This Subdivision Agreement("Agreement") is made and entered into this 9T'g.day of \/cite. 2017, by and between, Barbara Kay Young, 11249 Dublin Canyon Road, Pleasanton, CA 94566 ("Owner") and AH Development Group, LLC, 6300 Village Parkway, Suite 200, Dublin CA 94568 ("Developer") and the City of Pleasanton, a general law city("City"). RECITALS WHEREAS, Valley Capital Realty has a City-approved planned unit development plan (PUD-115)and vesting tentative map for Parcel Map 10538 (the "Tract") to retain the existing residence and second unit and construct two (2)new single family homes on an approximately 2.93-acre site at 11249 Dublin Canyon Road (the "Site"); and WHEREAS,Valley Capital Realty has formed a partnership as AH Development Group, LLC to obtain improvement security and construct the improvements; and WHEREAS, all or a portion of the area of the vesting tentative map is presented as a "parcel map," and a copy of said map is on file in the office of the City Engineer, and by reference is included in this Agreement for all purposes as if attached hereto; and WHEREAS, said map and subdivision of land designates private streets and public easements and public ways for the City, and Owner proposes to dedicate this land as set forth in the parcel map to the City; and WHEREAS, as a condition precedent to accepting this offer of dedication by Owner, City requires the improvements of the public ways, installation or extension of certain City services at Developer's expense and certain protection for the City on behalf of the public; and WHEREAS, as mitigation measures and conditions of approval for PUD-115 and the tentative parcel map, Developer must also construct public and private improvements on the Site and public improvements off the Site which also benefit off-site properties. NOW, THEREFORE, in consideration of the faithful performance of the promises, terms, conditions and covenants set forth herein by Developer,the parties hereto agree as follows: 1. Time of Essence. Time is of the essence in the performance of this Agreement. The work and improvements required by this Agreement to be completed by Developer shall be completed within one (1) year from the above-mentioned date of this Agreement. The City may extend the time for completion of improvements hereunder, upon good cause being shown by the Developer. Any such extension may be granted without notice to the Developer's surety; any extension so granted shall not relieve the surety's liability on the bond to secure the faithful performance of this Agreement. Subdivision Agreement Parcel Map 10538 Page 1 of 6