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Alameda County Altamont Landfill Open Space Fund Robertson Property Acquisition Pleasanton Ridge Regional Park East Bay Regional Park District Implementation of this LUP will proceed as time and funding permit. However, a number of the planned new trails can easily be extended onto and through the new Robertson property to provide additional opportunities for recreation and wildlife viewing, as well as panoramic views. Acquisition of the Robertson property will also help to complete the Sunol Ridge Trail which is planned to rise from a new staging area at the end of Foothill Road in the Town of Sunol, through Tyler Ranch to Sunol Peak and north to Devany Canyon, where it will connect with the Calaveras Ridge Trail and Dublin Hills Regional Preserve. An amendment to the LUP will be required before the Robertson property and the 1,000-acre Owen property to the north can be opened to the public. In the interim, the property will be land banked and managed as part of Pleasanton Ridge Regional Park. III. Strategic Value in Land Protection District ownership of the Robertson property will permanently protect a large, undeveloped and intact mosaic of habitats surrounded by an extensive preserve system. Sandwiched between the Tri-Valley area and the Hayward/Fremont/Union City complex, the Niles Canyon preserve area (of which Robertson will be a part) will provide an open space buffer, preventing further subdivision and development of residential sites which fragment habitat, impact water quality and introduce domestic animals into a wildlife environment. Acquisition of the Robertson property will also protect habitat for special-status species, as well as create connectivity to other open space areas. IV. Additional Funding Sources The appraised fair market value of the Robertson property is $6,235,425. EBRPD is seeking a $1,000,000 grant from the San Francisco Bay Area Conservancy Program, as well as a $1,000,000 grant from the Gordon and Betty Moore Foundation. With a $1,000,000 grant from the Alameda County Altamont Landfill Settlement Open Space Fund, EBRPD plans to use $400,000 from the District's Resource Enhancement Program and $2,835,425 from Measure WW Funds designated for Pleasanton Ridge. V. Willing Seller A Purchase and Sale Agreement was executed on August I, 2012 by Trustee Bill Robertson, and approved by EBRPD's Board of Directors on August 14, 2012.. EBRPD and the Seller hope to complete the purchase by December 21, 2012; however, if funding deadlines cannot be met by all parties, the agreement can be extended until June 30, 2013.