2_Exhibits A, B & D - Laserfiche WebLink

Recorded In 0-`ictal Records of Alameda Co. Patrick 0 ir►a11 , Clark-Recorder No Fee This document is recorded for the 96048535 3.20m 02/05/98 benefit of the City of Pleasanton 005 28053159 28 06 and is entitled to be recorded A15 22 7.00 63.00 0.00 0.80 o.00 0.08 0.08 0.00 free of charge in accordance with Sections 6103 and 27383 of the Government Code. When recorded, A 7TA CN M FAir mail to: • City of Pleasanton 61 123 Main Street Pleasanton, CA 94566-0802 Attn: City Attorney FIRST AMENDMENT TO DEVELOPMENT AGREEMENT THIS FIRST AMENDMENT TO DEVELOPMENT AGREEMENT (the "Amendment") is made and entered into as of January 6, 1998, by and between the CITY OF PLEASANTON, a municipal corporation of the State of California ("City") , and 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 under 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 City and Developer desire to amend the Agreement with regard to the funding and reimbursement mechanism applicable to required Traffic Mitigation Improvements. In addition, the parties have agreed to extend the term of the Agreement and to modify the scope of the Project (i.e. , future expansion of Stoneridge Regional Shopping Center) as defined therein. 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 0:\USERS\REALEST\R0\10179\0001\DOC\DEV6.ACR 01/05/98 at 3:38pw executed in multiple counterparts, all of which taken together shall constitute one and the same instrument. This Second Amendment shall be duly recorded in the Official Records of Alameda County. Page 2 nced 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