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03
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2017
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121917
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12/13/2017 2:12:47 PM
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12/13/2017 10:56:51 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
12/19/2017
DESTRUCT DATE
15Y
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ATTACHMENT 2 <br /> 17 <br /> 4r3177 2013299219 09/05/2013 10:24 AM <br /> 11.04;,:‘• <br /> OFFICIAL RECORDS OF ALANEOA COUNTY <br /> PATRICK O'CONNELL <br /> c40,-000 RECORDING FEE: 0.00 <br /> RECORDING REQUESTED BY: <br /> CITY OF PLEASANTON <br /> 11,1 I 1111111 <br /> When Recorded,Return to: n, 4 PGS <br /> Office of the City Clerk 1� <br /> City of Pleasanton �I <br /> P.O.Box 520 <br /> Pleasanton,CA 94566 t. <br /> Recording requested Pursuant to <br /> Government Codc Sections <br /> 27383&6103—No Fee <br /> SECOND AMENDMENT TO DEVELOPMENT AGREEMENT <br /> THIS SECOND AMENDMENT TO DEVELOPMENT AGREEMENT (the <br /> "Amendment") is made and entered into as of June 18, 2013, by and between the CITY OF <br /> PLEASANTON, a municipal corporation of the State of California ("City"), and <br /> STONERIDGE PROPERTIES LLC, a Delaware limited liability company, doing business <br /> in California as STONERIDGE ASSOCIATES, LLC, successor in interest to SECURITY <br /> TRUST COMPANY, as TRUSTEE under TRUST NO. 1860-0 ("Developer"), pursuant to <br /> the authority of California Government Code Sections 65864-65869.5. <br /> RECITALS: <br /> A. The City and Developer are parties to a Development Agreement (the <br /> "Agreement") dated as of November 5, 1992, as approved by the City Council under <br /> Ordinance No. 1578. The Agreement was recorded on April 2, 1993 as Instrument No. <br /> 93103418 in the Official Records of Alameda County. (Capitalized teems not otherwise <br /> defined in this Amendment shall have the meanings given to them in the Agreement; all <br /> references to the Agreement shall refer to the same as modified by this Amendment.) <br /> B. The parties entered into the First Amendment to Development Agreement <br /> (the "First Amendment"), dated as of January 6, 1998, as approved by the City Council by <br /> its Ordinance No. 1732. The First Amendment to Development Agreement was recorded on <br /> February 5, 1998 as Instrument No. 98048535 in the Official Records of Alameda County. <br /> C. The City and Developer desire to extend the term of the Agreement and <br /> First Amendment thereto. In order to strengthen the public planning process, encourage <br /> private participation in comprehensive planning, secure the orderly development of the <br /> Project and provide greater opportunities for traffic management and cohesive,attractive site <br /> design and improvements and related economic benefits to the City, the City has determined <br /> that this Second Amendment is an appropriate supplement to the Agreement and First <br /> Amendment thereto. <br /> Page 1 <br />
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