2_Exhibits A, B & D - Laserfiche WebLink

S.:0 ` 2013299219 09/05/2013 10:24 AM OFFICIAL RECORDS OF ALAMEDA COUNTY •� PATRICK O'CONNELL k,„14NA' RECORDING FEE: 0.00 RECORDING REQUESTED BY: CITY OF PLEASANTON 4 PGS When Recorded,Return to: Office of the City Clerk f City of Pleasanton �# P.O. Box 520 Pleasanton,CA 94566 Recording r quested Pursuant to Government Code Sections 27383&6103—No Fee SECOND AMENDMENT TO DEVELOPMENT AGREEMENT THIS SECOND AMENDMENT TO DEVELOPMENT AGREEMENT (the "Amendment") is made and entered into as of June 18, 2013, by and between the CITY OF PLEASANTON, a municipal corporation of the State of California ("City"), and STONERIDGE PROPERTIES LLC, a Delaware limited liability company, doing business in California as STONERIDGE ASSOCIATES, LLC, successor in interest to SECURITY TRUST COMPANY, as TRUSTEE under TRUST NO. 1860-0 ("Developer"), pursuant to the authority of California Government Code Sections 65864-65869.5. RECITALS: A. The City and Developer are parties to a Development Agreement (the "Agreement") dated as of November 5, 1992, as approved by the City Council under Ordinance No. 1578. The Agreement was recorded on April 2, 1993 as Instrument No. 93103418 in the Official Records of Alameda County. (Capitalized terms not otherwise defined in this Amendment shall have the meanings given to them in the Agreement; all references to the Agreement shall refer to the same as modified by this Amendment.) B. The parties entered into the First Amendment to Development Agreement (the "First Amendment"), dated as of January 6, 1998, as approved by the City Council by its Ordinance No. 1732. The First Amendment to Development Agreement was recorded on February 5, 1998 as Instrument No. 98048535 in the Official Records of Alameda County. C. The City and Developer desire to extend the term of the Agreement and First Amendment thereto. In order to strengthen the public planning process, encourage private participation in comprehensive planning, secure the orderly development of the Project and provide greater opportunities for traffic management and cohesive, attractive site design and improvements and related economic benefits to the City, the City has determined that this Second Amendment is an appropriate supplement to the Agreement and First Amendment thereto. Page 1 e Development Agreement As of the date hereof Borrower is the owner of the property located at One Stonendge Mall Road, 1008 Stoneridge Mall Road and 2521 Stonendge Mall Road, Pleasanton, Alameda County, California (the "Property") Lender is the current holder of a first prionty loan or loans made to Borrower, evidenced by the Notes and the Loan Agreement and secured by, among other things, the Security Instrument on the Property and is thus a "holder of a beneficial interest under a Mortgage" and a "Mortgagee" as such terms are used in the Development Agreement Accordingly, this notice is being delivered to the City of Pleasanton (the "City") by Lender pursuant to the terms of Section 14 3 of the Development Agreement to advise the City that Lender is entitled to the rights granted to a "holder of a beneficial interest under a Mortgage" and a "Mortgagee" under the Development Agreement Without limiting the foregoing, Lender hereby specifically requests, pursuant to the terms of said Section 14 3, Loan No PRU 706110163/NYL 374-0753 Stonendge Mall Notice Letter to the City of Pleasanton,CA 28163403v 2/028227-001530