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04
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2021
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12/15/2021 3:53:16 PM
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12/15/2021 3:30:02 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
12/21/2021
DESTRUCT DATE
15Y
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RECORDING REQUESTED BY,- <br />CITY <br />Y;CITY OF PLEASANTON <br />When Recorded, Return to: <br />Office of the City Clerk <br />City of Pleasanton <br />P.O. Box 520 <br />Pleasanton, CA 94566 <br />ATTACHMENT Z <br />��a 2018182964 09/19/2018 03:11 PM <br />OFFICIAL RECORDS OF ALAMEDA COUNTY <br />STEVE MANNING <br />C�41FpRNs RECORDING FEE: 0 00 <br />I�II�dIINI�IIIIIUIIIYII�IVl91 • PGS <br />9ti <br />Recording requested Pursuant to <br />Government Cade Sections <br />27383 & 6103 —No Fee <br />TtHRD AMENDMENT TO DEVELOPMENT AGREEMENT <br />THIS THIRD AMENDMENT TO DEVELOPMENT AGREEMENT (the <br />"Amendment") is made and entered into as ofA Y4 ac f 2- , 2018, by and between the <br />CITY OF PLEASANTON, a municipal corporation -ft the State of California ("City"), and <br />STONERIDGE PROPERTIES LLC, a Delaware limited liability company, doing business <br />in California as STONERIDGE ASSOCIATES, LLC, successor in interest to SECURITY <br />TRUST COMPANY, as TRUSTEE under TRUST NO. 1860-0 ("Developer"), pursuant to <br />the authority of California Government Code Sections 65864-65869.5. <br />RECITALS: <br />A. The City and Developer are parties to a Development Agreement (the <br />"Agreement") dated as of November 5, 1992, as approved by the City Council under <br />Ordinance No. 1578. The Agreement was recorded on April 2, 1993 as Instrument No. <br />93103418 in the Official Records of Alameda County. (Capitalized terms not otherwise <br />defined in this Amendment shall have the meanings given to them in the Agreement; all <br />references to the Agreement shall refer to the same as modified by this Amendment.) <br />B. The parties entered into the First Amendment to Development Agreement <br />(the "First Amendment"), dated as of January 6, 1998, as approved by the City Council by <br />its Ordinance No. 1732. The First Amendment to Development Agreement was recorded on <br />February 5, 1998 as Instrument No. 98048535 in the Official Records of Alameda County. <br />C. The parties entered into the Second Amendment to Development <br />Agreement (the "Second Amendment'), dated as of June 13, 2013, as approved by the City <br />Council by its Ordinance No. 2073. The Second Amendment to Development Agreement <br />was recorded on September 5, 2013 as Instrument No. 2013299219 in the Official Records <br />of Alameda County. <br />D. The City and Developer desire to extend the term of the Agreement, First <br />Amendment, and Second Amendment thereto. In order to strengthen the public planning <br />process, encourage private participation in comprehensive planning, secure the orderly <br />development of the Project and provide greater opportunities for traffic management and <br />
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