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(b) Owners shall pay all costs associated with extending the sewer and water <br /> system to serve the Exhibit A property, including any pro rata share cost <br /> of the main line system, said system to be designed in accordance with <br /> City standards and subject to City approval. <br /> c) Owners shall pay an amount computed in accordance with the applicable <br /> City formula for connection to sewer and water facility improvements <br /> subject to a mutual benefit district, reimbursement agreement, or any <br /> other agreement. <br /> (d) Owners shall pay a monthly sewer and water service charge as is now or <br /> may hereafter be imposed once connection to the sewer or water system <br /> is effected. <br /> (e) Because the City is required to apply to LAFCO for this extension, <br /> Owners shall pay the processing fees to LAFCO. <br /> 2. Agreement to Annex. Owners consent to annex to the City of Pleasanton the <br /> Exhibit A property at such time as City may require. This Agreement, State and County <br /> laws, and City ordinances and resolutions shall control the responsibilities of both parties <br /> at the time of annexation. Owners shall cooperate with City in the annexation of the <br /> properties, whether as part of a larger area or as part of a smaller area; Owners <br /> expressly waive the right to protest said annexation and shall agree to do no act <br /> calculated or tending to prevent, impede, or defeat the successful annexation of the <br /> properties. More specifically, by signing this Agreement, Owners acknowledge and <br /> agree that if any annexation is subject to an election, the Owners deem that their votes <br /> are counted as votes in favor of annexation if at the time of the election a road that is <br /> intended to take golf course traffic off Alisal Street, Sycamore Road, and Happy Valley <br /> Road is under construction or has been constructed. <br /> 3. No Further Subdivision. Owners shall not subdivide the Exhibit A property <br /> without the prior approval of the City of Pleasanton. <br /> 4. Design Review Approval. In the event that Owners shall redevelop the Exhibit A <br /> property, Owners shall submit plans for the redevelopment of the Exhibit A property to <br /> the City for the City's review and approval. Assuming that the Exhibit A property is still in <br /> the unincorporated area of Alameda County at the time Owners intend to apply for a <br /> building permit for the Exhibit A property, Owners shall neither apply for nor obtain a <br /> building permit from the County of Alameda unless and until City has approved the <br /> design of the plans for any proposed redevelopment on the Exhibit A property. <br /> 5. Bonded Debt. Owners' consent that, upon annexation of the properties to the <br /> City, said properties shall be taxed to pay their share of existing bonded indebtedness of <br /> City. This Agreement shall serve as such consent, and a copy shall be filed with <br /> Treasurer-Tax Collector of Alameda County, if evidence of such consent is required; <br /> provided, however, that the Owners properties will be excluded from the City bonded <br /> debt existing on the effective date of this Agreement and from and after the annexation <br /> of the properties to the City for all utility facilities to which properties is not connected. <br /> 6. Benefit or Assessment Districts. Owners shall cooperate with City in the <br /> formation of any mutual benefit districts or assessment districts which City deems <br /> necessary for the installation of public improvements serving, in whole or in part, the <br /> properties, whether such districts are formed at the time of annexation or some time in <br /> the future. In this regard, Owners waive their right to protest the formation of any of said <br />