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ATTACHMENT 2 Agreement for Final Map Approval Without Improvement Agreement or Bonds Tract 7660, Silver Oaks Estates This Agreement for Final Map Approval Without Improvement Agreement or Bonds ("Agreement") is entered into June , 2015 between Kenneth R. Chrisman and Pamela L. Chrisman, Trustees of the Chrisman Family Trust ("Owners"), KC Bello LLC, a California limited liability corporation ("Developer") and the City of Pleasanton, a municipal corporation ("City"). RECITALS A. Owners are the owners of real property commonly known as 1944 Three Oaks Drive which has a City-approved vesting tentative map Tract 7660 (the "Property"); and B. Owners have an agreement with Developer to allow Developer to develop the City- approved planned unit development plan known as PUD-05, PUD-05-01M and PUD-05-07M, as amended(collectively"PUD-05") for that Property; and C. Owners and Developer seek City Council approval of the final map for Tract 7660, but Developer advises that Developer's bonding company is not able to provide bonds to insure the construction of the public and subdivision improvements shown in Tract 7660 until Developer is the record owner of Lots 1 — 10 and Parcels B, C, D-1, and D-2 of Tract 7660; and D. Pleasanton Municipal Code §§ 19.24.040 and 19.24.080 require that before the City Council considers approval of a final map, the person who owns the property must execute a subdivision improvement agreement and post bonds to guarantee the construction of the public improvements and subdivision improvements; and E. Developer intends to enter into such a subdivision improvement agreement and post the required bonds, but Owners and Developer first need the final map approved so that Owners can retain Parcel A as their existing residence, and convey to Developer Lots 1 — 10 and Parcels B, C, D-1, and D-2; and F. The City is willing to consider approval of the final map for Tract 7660 so long as Owners and Developer provide the City with reasonable assurances that any final map approval for Tract 7660 will be rescinded if adequate security to ensure the construction of the public and subdivision improvements for Tract 7660 is not received by the City. NOW, THEREFORE, in exchange for mutual consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows: 1. Bonding Company Commitment. Prior to the City Council's consideration of a final map for Tract 7660, Developer shall provide to the City Engineer, or his or her designee, a letter from Agreement for Final Map Approval without Improvement Agreement or Bonds—Tract 7660,Silver Oaks Estates Page I of 4