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1. Water Service. Owners may connect the existing residence on the Property to the <br /> City's water system prior to the City' s annexation of the Property upon the satisfaction <br /> of all of the following conditions in this Section 1 and in this Agreement: <br /> (a) Owners shall pay applicable Zone 7 Water Agency and City water connection <br /> and meter fees. <br /> (b) Owners shall connect to City water service in a manner consistent with City <br /> standards in the determination of the City Engineer or designee. <br /> (c) Owners acknowledge that Owners, via City as applicant, must receive approval <br /> from the Alameda County Local Agency Formation Commission (LAFCo), as well as pay <br /> all fees related to LAFCo for an application for the extension of water service to the <br /> Property. <br /> 2. Agreement to Annex. Owners shall consent to annexation of the Property to the City <br /> of Pleasanton at such time as the City may require. This Agreement, State and County <br /> laws, and City ordinances and resolutions shall control the responsibilities of both parties <br /> at the time of annexation. Owners shall cooperate with City in the annexation of the <br /> Property, whether as part of a larger area or as part of a smaller area; Owners expressly <br /> waive the right to protest said annexation and shall agree to do no act calculated or <br /> tending to prevent, impede, or defeat the successful annexation of the Property. More <br /> specifically, by signing this Agreement, Owners acknowledge and agree that if: (a) any <br /> annexation is subject to an election, the Owners deem Owners' votes are counted as a <br /> vote in favor of annexation; or (b) Owners shall sign as consenting to any annexation <br /> application if annexation is for a smaller area. <br /> 3. No Further Subdivision. Owners shall not subdivide the Property without the prior <br /> approval of the City. <br /> 4. Design Review Approval. Owners shall submit any future plans for the development <br /> of the Property to the City for the City's review and approval. Assuming the Property is <br /> still in the unincorporated area of Alameda County at the time the Owners intend to apply <br /> for a building permit for the Property, Owners shall neither apply for nor obtain a building <br /> permit from the County of Alameda unless and until City has approved the design of the <br /> plans for any proposed redevelopment, additions, and new construction on the Property. <br /> 5. Bonded Debt. Owners' consent that, upon annexation of the Property to the City, said <br /> Property shall be taxed to pay their share of existing bonded indebtedness of City. This <br /> Agreement shall serve as such consent, and a copy shall be filed with Treasurer-Tax <br /> Collector of Alameda County, if evidence of such consent is required. <br /> 6. Benefit or Assessment Districts. Owners shall cooperate with City in the formation of <br /> any mutual benefit districts or assessment districts which City deems necessary for the <br /> installation of public improvements serving, in whole or in part, the Property, whether <br /> such districts are formed at the time of annexation or some time in the future. In this <br />