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