PACIFIC GAS AND ELECTRIC - ACTUAL COST CONTRACT

ACTUAL COST CONTRACT THIS AGREEMENT entered into thisC9 day of A P2I L- , 2003, by and between the CITY OF PLEASANTON, a public body of the State of California, (City), and PACIFIC GAS AND ELECTRIC COMPANY (PG&E), WITNESSETH: WHEREAS, City proposes to widen south side of Stanley Boulevard east of its intersection with Bernal Avenue for the purpose of constructing and acceleration lane which necessitates the relocation of certain utilities to clear the area for the new widening project; and WHEREAS, PG&E owns, operates and maintains a 60kv wood pole transmission line, which will interfere with City's project; and WHEREAS, City has requested and PG&E is willing to rearrange said facilities to eliminate such interference; and WHEREAS, City has paid PG&E $10,000.00 (Check No. 169943 dated December 13, 2002) for its preliminary engineering cost, and will bear the cost of work to be performed by PG&E hereunder. NOW, THEREFORE, it is hereby mutually agreed as follows: 1. City will pay PG&E an additional advance payment of$55,000.00, which is the estimated cost of relocation work, and upon receipt by PG&E of said advance payment and notice in writing to proceed from City, PG&E will commence and thereafter diligently pursue the hereinbefore described rearrangement of its (60kv wood transmission pole facilities) in accordance with PG&E's drawing attached hereto and marked EXHIBIT "A".