FOOTHILL BOULEVARD HOLDING COMPANY, LLC

REIMBURSEMENT AGREEMENT FOR ENVIRONMENTAL RE VIEW This Reimbursement Agreement for Environmental Review (“Agreement”) is entered into on September 11, 2023, between the City of Pleasanton, a general law city (“City”) and Foothill Boulevard Holding Company, LLC (“Developer”). RECITALS A. Developer owns or has an interest in 4141 Foothill Boulevard, Pleasanton, California, an approximately 46.3-acre site (the “Property”) upon which Developer is proposing to demolish one of two existing residences and construct 110 new residential units (the “Project”). B. On September 11, 2023, City issued a work authorization with First Carbon Solutions (Consultant) for the preparation of necessary environmental review documents for the Project, or for the peer review of environmental documents prepared by Developer’s consultants for the Project. C. Developer agrees to reimburse City for the cost of such Consultant services and charges in the City’s Master Fee Schedule. NOW, THEREFORE, in exchange for valuable consideration, the parties agree as follows: 1. Reimbursement of Third-Party Consulting Costs and Charges in Master Fee Schedule. A list of the third-party consultants proposed to be retained by the City to prepare either the CEQA document or undertake the peer review of Developer’s environmental documents, together with a description of the proposed scope of work and estimate of costs for each third-party consultant, is attached hereto (and incorporated herein as if set forth in full) as Exhibit A (the “Eligible Consulting Costs”). During the term of this Agreement, Developer agrees to reimburse City for the Eligible Consulting Costs, plus the twenty-five percent (25%) charge in the Master Fee Schedule for City staff review of consultant’s cost for environmental review. 2. Time and Manner of Reimbursement. Payment for Eligible Consulting Costs plus charges shall be made as follows: (a) Developer shall make a $51,621.25 payment (the “Deposit”) to the City when the City executes an agreement for Eligible Consulting Costs; (b) in the case of additional services being necessary and agreed-upon by Developer and the City, such additional costs and charges shall be paid within thirty (30) days of the Developer’s receipt of an invoice from the City. All invoices shall be provided by City pursuant the notice requirements of Section 6, below. Once received, Developer shall review each invoice to confirm the costs set forth therein are Eligible Consulting Costs. The City hereby directs that any Eligible Consulting Costs and charges due to the City pursuant to this Agreement shall be payable to the City of Pleasanton and mailed to: DocuSign Envelope ID: 8E6A239C-EFA8-4B71-9925-FD59383F7852DocuSign Envelope ID: 3BEEDA86-3A65-4060-BFF8-BD1CAC784FCC