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Recorded in O"itcial Records of Alameda co. <br /> Maraca 0 smell. Clerk-Recoroer <br /> 01111111'11 HO Fee <br /> This document is recorded for the 95045535 3.20m 52/05/95 <br /> benefit of the City of Pleasanton 005 28053159 20 06 <br /> and is entitled to be recorded R.5 22 7.99 62.80 0.06 e.00 0.06 e.00 0.00 <br /> 069 <br /> free of charge in accordance with <br /> Sections 6103 end 3 of the AA cfI me <br /> Government Code. When recorded, <br /> mail to: <br /> City of Pleasanton ry <br /> 123 Main Street <br /> Pleasanton, CA 94566-0802 • <br /> Attn: City Attorney <br /> FIRST AMENDMENT TO DEVELOPMEU AGREEMENT <br /> THIS FIRST AMENDMENT TO DEVELOPMENT AGREEMENT (the <br /> "Amendment") is made and entered into as of January 6, 1998, by <br /> and between the CITY OF PLEASANTON, a municipal corporation of <br /> the State of California ("City") , and SECURITY TRUST COMPANY, as <br /> TRUSTEE under TRUST NO. 1860-0 ("Developer") , pursuant to the <br /> authority of California Government Code Sections 65864-65869.5. <br /> RECITALS: <br /> A. The City and Developer are parties to a Development <br /> Agreement (the "Agreement") dated as of November 5, 1992, as <br /> approved by the City Council under Ordinance No. 1578. The <br /> Agreement was recorded on April 2, 1993 under Instrument <br /> No. 93103418 in the Official Records of Alameda County. <br /> (Capitalized terms not otherwise defined in this Amendment shall <br /> have the meanings given to them in the Agreement; all references <br /> to the Agreement shall refer to the same as modified by this <br /> Amendment.) <br /> B. The City and Developer desire to amend the Agreement <br /> with regard to the funding and reimbursement mechanism applicable <br /> to required Traffic Mitigation Improvements. In addition, the <br /> parties have agreed to extend the term of the Agreement and to <br /> modify the scope of the Project (i.e. , future expansion of <br /> Stoneridge Regional Shopping Center) as defined therein. In <br /> order to strengthen the public planning process, encourage <br /> private participation in comprehensive planning, secure the <br /> orderly development of the Project and provide greater <br /> opportunities for traffic management and cohesive, attractive <br /> site design and improvements and related economic benefits to the <br /> 0:miSERSWEALEST WGN101T9"0001 NOOMOVICAGR <br /> 01/05/98 at 3t38pa <br />