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<br />y. , <br />REIMBURSEMENT AGREEMENT FOR <br />WATER RESERVOIR AND PUMPING STATION <br />THIS AGREEMENT is entered into at Pleasanton, California, <br />this - t~~ day of ~~~~ ~~ 1996 , between the CITY OF <br />PLEASANTON, a general law city, ("City"), and MOLLER RANCH <br />ASSOCIATES L.P. ("Developer"). <br />A. Developer is the owner of certain real property in the <br />City of Pleasanton, County of Alameda, State of California, <br />described as Lots 1-99, Tract 6618, recorded August 3, 1995, in <br />Map Book 220, Page 13-24, Alameda County Records ("the <br />Property"). <br />B. In connection with the Property's development, <br />Developer intends to construct or cause to be constructed a <br />500,000 gallon water reservoir and a water pumping station and <br />other related public improvements ("the Improvements") that will <br />benefit the Property and other properties. <br />C. Pursuant to the Subdivision Map Act (Government Code <br />section 66410, et seg.), Developer is entitled to reimbursement <br />for certain costs of the water reservoir, the water pumping <br />station and related improvements and City is willing to <br />administer the reimbursement of such costs to Developer as set <br />forth herein. <br />NOW, THEREFORE, it is agreed as follows: <br />1. Improvements. Developer shall construct the <br />Improvements described on the attached Exhibit A. The <br />Improvements will benefit other properties as well as the <br />Property. <br />2. Principles of Reimbursement. Because the Improvements <br />benefit other properties, Developer is entitled to reimbursement <br />for the costs of the Improvements to the extent other property <br />owners benefit thereby. <br />3. Ownership of Improvements. Pursuant to the Subdivision <br />Agreement between the City and Developer, City shall own the <br />Improvements after the City accepts the Improvements. The <br />Developer shall have the right to connect and use the <br />Improvements in accordance with City regulations. <br />4. Benefit Area. The properties that will benefit from <br />the Improvements ("the Benefit Area") shall include those <br />properties listed on the attached Exhibit B. Within the Benefit <br />Area, it is anticipated that 7 units, in addition to the <br />Developer's 97 new units, will be constructed and connected to <br />1 <br />