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f <br />y or qC9 <br />2018182964 09/19/2018 03:11 PMor_ OFFICIAL RECORDS OF ALAMEDA COUNTY <br />STEVE MANNING <br />it IFUN \" RECORDING FEE: 0.00 <br />RECORDING REQUESTED BY: 11 1 1 111 11 11 11 1 1 11 1 11 11 II 5 PGS <br />CITY OF PLEASANTON <br />When Recorded,Return to: I ` <br />Office of the City Clerk <br />City of Pleasanton <br />P.O.Box 520 <br />Pleasanton,CA 94566 <br />2-61"I$''-q0 4 Recording requested Pursuant to <br />Government Code Sections <br />27383&6103—No Fee <br />THIRD AMENDMENT TO DEVELOPMENT AGREEMENT <br />THIS THIRD AMENDMENT TO DEVELOPMENT AGREEMENT (the <br />Amendment") is made and entered into as of A L ug r 2-1 , 2018, by and between the <br />CITY OF PLEASANTON, a municipal corporation of 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 />1