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BACKGROUND On March 23, 2016, the Planning Commission recommended approval of PUD-99, a Planned Unit Development (PUD) application by Ponderosa to construct 19 single- family home lots located on an approximately 9-acre site at 1851 Rose Avenue. On May 3, 2016, the City Council approved PUD-99 by adopting Ordinance No. 2142. On May 25, 2016, the Planning Commission approved an application by Ponderosa for Vesting Tentative Map 8317, which conformed with PUD-99. On August 15, 2017, the City Council approved the Final Map, On-Site Improvement Plans, Off-Site Improvement Plans, Subdivision Agreement, Off-Site Improvement Agreement, and Reimbursement Agreement (see Attachment 2) for Tract 8317. Background for the Reimbursement Agreement The 1996 General Plan provided for the westward extension of Rose Avenue to Valley Avenue through Alameda County Fairgrounds' and Zone 7 properties, which also included the extension of public sanitary sewer and water mains. Following City Council adoption of the 1996 General Plan, the following development projects along Rose Avenue constructed sanitary sewer and water mains on Rose Avenue as part of the future extension of those utilities to Valley Avenue: • Tract 7002 • Tract 7143 • Tract 7534 The Tract 7143 developer, SummerHill Rose Ltd. (SummerHill), entered into a deferred improvement agreement (see Attachment 3) on July 25, 2000 that provided for: • Payment of their pro-rata share for the public sanitary sewer and water main extension costs associated with Tract 7143; and • A surety bond guaranteeing they would acquire public service easements for the public sanitary sewer and water main extension on Alameda County Fairgrounds' property. On July 26, 2000, SummerHill paid their pro-rata share of $70,128.00 and posted a surety bond with the City in an amount of $60,000. Additionally, the developers of Tract 7002, Tract 7534, Tract 8139 and Parcel Map 10537, paid their pro-rata share for the sanitary sewer and water extension to Valley Avenue. The paid amounts and present values (including interest) of the developers' pro-rata shares are shown below in Table 1. Page 2 of 4