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(b) Tri-Valley Transportation Committee Fee. Developer shall pay to the City the Tri-Valley Transportation Committee Fee as may be applicable. Section 3.4 Below Market Rate Units (a) Developer shall be obligated to comply with the obligations set forth in the AHA as they may be amended by Section 8 of the IUCA. (b) City acknowledges and finds that in recognition of Developer's execution of the AHA, the Project is exempt from any obligation to pay the City's Lower Income Housing Fee. Section 3.5 School Fees Developer shall pay school fees in accordance with a written agreement entered into, or to be entered into, between Developer and the Pleasanton Unified School District ("PUSD"), and Developer shall provide to City, prior to building permit issuance, PUSD's written confirmation of such agreement. Section 3.6 Processing Fees; Permit Fees (a) Building Permit. Developer shall pay to City building permit fees in accordance with the City's building permit ordinance in effect at the time the applicable building permit is granted by City. (b) Processing Fees. Developer shall pay to City the City's reasonable application processing fees for the Project in accordance with the City's fee schedule in effect at the time Developer submits the applicable Project application for processing. Section 3.7 Park Fees Consistent with, and in satisfaction of Developer's Quimby Act (Gov't Code section 66477) and City Park Fee Ordinance (Chapter 19.44 of the Pleasanton Municipal Code), Developer will pay City park fees totaling approximately . The precise amount of this contribution will be determined in accordance with the terms of the City's Park Land Fee Ordinance (Ordinance No. 1605) in effect on the Effective Date. Developer acknowledges that the inhabitants of the Project will benefit whether the City elects to apply these funds to the acquisition of parkland or to park and recreational improvements to Lions Wayside Park, Delucchi Park, Staples Ranch Community Park, the Alviso Adobe Community Park, Creekside Park, Bernal Community Park, the Tennis and Community Park, Sports Park and recreational trails, or a combination thereof. This Section 3.7 supersedes and terminates any other offers by Developer, or agreements between City and Developer, related to the payment of park fees for the Project, including the May 15, 2013 offer related to in lieu fees for Bernal Park improvements. ARTICLE 4 City Obligations 067821\4242646v5 6