Laserfiche WebLink
REIMBURSEMENT AGREEMENT FOR <br />2dOHR-MARTIN SLWER OVERSIZING <br />THIS AGREEr~"ENT entered at Pleasanton, California, this 15~"~+ <br />day of aCTpgC_~ , 1985, by and between the CITY OF <br />PLEASANTON, a c-general law city, located in Alameda County, <br />California (hereinafter called "City") and DAVIDSON, KAVANAGH & <br />BREZZO DEVELOPMENT CO.; SHELTER CAPITAL; SID CORRIE; REEVES L. <br />SiiAW, TRUSTEE FOR NORMAN H. GENTRY, TANIA V. GENTRY, AND MARK T. <br />GENTRY and SHEA HOMES (hereinaft°r called "Developers") is <br />subject to the following conditions: <br />6q I T N E S S E T H <br />WHEREAS, Developers are the owners of real property in the <br />City of Pleasanton, County of Alameda, State of California,as <br />shown on Exhibit "A", attached hereto and fully incorporated by <br />reference herein; and <br />WHEREAS, Developers have caused or will cause to be <br />constructed a sewer main extension to the benefit of said and <br />other properties as shown on Exhibit "A"; the work included in <br />the oversizing is as follows: <br />a. Installation of a 12" sanitary sewer line on Santa Rita <br />Road between Stoneridge Drive and the point~of <br />connection north of Arroyo Mocho Bridge. See Exhibit <br />"D" for oversizing cost. <br />b. Installation of a 12" sanitary sewer line on Stoneridge <br />Drive between Santa Rita Road'and Oakland Avenue. See <br />Exhibit "B" for the oversizing cost; and <br />WHEREAS, pursuant to the NIap Act, Developers are entitled to <br />reimbursement for certain oversizing costs of said sewer main <br />extensions; and <br />WHEREAS, City has inspecT°d ar,~d accepted or ~,~ill inspect and <br />accept said facilities. <br />NOW, THEREFORE, it is agreed as follows: <br />1. .Ownership by City. Upon completion and acceptance of <br />the work, ownership of said work shall vest in the City, with <br />Developers having the right to connect or the right to use said <br />improvements, and the right to reimbursement as provided below. <br />2. P-ltual Benefit District. City and Developers hereby <br />establish a mutual benefit district to reimburse Developers for <br />the cost of any portion of said improvements benefiting land. of <br />others. <br />- 1 - <br />