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i <br />Recording requested by, <br />And when recorded return to: <br />City of Pleasanton <br />P.O. Box 520 <br />Pleasanton, CA 94566 <br />Attn: City Clerk <br />AGREEMENT REGARDING STREET IMPROVEMENTS <br />This Agreement is made and entered into as of the ~ day <br />of ~-, 2000 by and between R.T.J., L.L.C., a California <br />lim' ed liability corporation (referred to herein as "Property <br />Owner") and the CITY OF PLEASANTON, a municipal corporation <br />(referred to herein as "City"), with reference to the following <br />facts: <br />A. Property Owner is the owner of real property commonly <br />known as Lot 1F in the Hacienda Business Park (the "Property") <br />in the City of Pleasanton, more particularly described in <br />Exhibit "A" attached hereto; <br />B. The Property is the subject of design review approval <br />which was conditionally approved by the City on February 9, 2000 <br />by Planning Commission Resolution PC-2000-08 as filed under case <br />PUD- 81-30-81D; <br />C. The conditions of approval for the design review <br />require that Property Owner enter into an agreement with City to <br />provide that Property Owner shall either not protest the <br />establishment of an assessment district, or shall affirmatively <br />vote for the creation of an assessment district or other <br />mechanism, to pay the construction costs for the I-680/West Las <br />Positas Boulevard freeway interchange; <br />D. Property Owner and City, by executing this Agreement, <br />intend that it satisfy the foregoing condition of approval. <br />NOW, THEREFORE, Property Owner and City agree as <br />follows: <br />1. Establishment of Assessment District. Property <br />Owner acknowledges that the City is considering establishing an <br />assessment district or other mechanism to pay the construction <br />costs and related costs, including but not limited to <br />engineering, City inspections, and financing, for the proposed <br />-1- <br />