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Reimbursement Agreement As noted in Table 1, development projects along Rose Avenue have contributed $251,089 (present value) to extend public water and sanitary sewer mains to Valley Avenue. This amount, held in the "Developer Funds" account, is available as a reimbursement to Ponderosa Homes II, Inc. for installing the public fire hydrants, constructing the public water and sanitary sewer mains, and acquiring public water and sanitary sewer easements on Alameda County Fairgrounds property. Additionally, the original water main extension to Valley Avenue provided for an approximately 1,700-foot-long, 10-inch diameter water main. Due to current City requirements, the proposed water main diameter has been increased to 16 inches; and due to the revised alignment of traversing across Alameda County Fairgrounds property, the length of the proposed water main has increased to approximately 2,500 feet. For these two changes in scope, PUD-99, Condition of Approval No. 46, addresses this anticipated cost increase to Ponderosa Homes II, Inc. provides that the City will reimburse Ponderosa Homes II, Inc. "an amount determined by the City Engineer for the design and construction of the City's share of the off-site sewer and water improvements per the reimbursement agreement approved by the City Council." Ponderosa Homes II, Inc. has proposed an amount of $55,830, which is the difference between constructing a 1,700-foot-long, 10-inch water main versus a 2,500-foot-long, 16-inch water main. Staff has determined this amount to be fair and reasonable. The Water Expansion Fund will provide for this $55,830 reimbursement. The reimbursements of $55,830 and $251,089 will be processed following City Council acceptance of the off-site public water and sanitary sewer improvements. Discretion to Deny the Final Map The approval of the Final Map, when the Final Map substantially complies with the conditions of the Vesting Tentative Map, is a mandatory, ministerial act (Government Code, Section 66474.1). A Final Map shall be disapproved only for failure to meet conditions that were applicable at the time the Vesting Tentative Map was approved. If the Final Map is disapproved, there must be a finding identifying the conditions which were not met (Government Code, Section 66473). As stated previously, the Planning Commission approved the Vesting Tentative Map on May 25, 2016. Following the 15-day appeal period, the Vesting Tentative Map became effective June 10, 2016. The Planning Commission approval is valid for two years; however, the Development Agreement extends the term for 20 years from the date the ordinance approving the Development Agreement became effective, therefore the Vesting Tentative Map is valid through June 3, 2037. Staff has reviewed the conditions of approval of the Vesting Tentative Map and finds that all conditions have been satisfied and that the Final Map complies with those conditions. Page 4 of 5