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Ordinance No.2289 <br /> dedication to the city through a recorded document. <br /> d. The developer shall have improvement plans for the work approved by the city <br /> engineer and shall provide a bond, cash deposit or other type of security as required <br /> by the Subdivision Map Act, the City of Pleasanton's Subdivision Ordinance, or <br /> other applicable provision of the Pleasanton Municipal Code before beginning <br /> construction. <br /> e. . <br /> 2. The developer and the city shall enter into a written subdivision or other agreement <br /> with respect to the credit, which shall be recorded against the property. The agreement <br /> shall include the amount of the credit which will be given (or for unusual projects, the <br /> exact method of calculating the credit), when the credit will be given, and to which lots <br /> it will apply. <br /> B. Calculation of Credit. <br /> 1. General. <br /> a. The community development director, or designee, ("director") shall calculate the <br /> amount of credit to be given based upon the approved improvement plans and <br /> using cost estimates (which are based on recent city project bids for similar work). <br /> The cost of right-of-way to be purchased shall be based upon an appraisal done by <br /> a licensed appraiser at city expense. <br /> b. For nonstandard improvements,the credit shall be calculated based on information <br /> provided by the developer(such as bids or other documents verifying costs)for the <br /> community development director's review and approval. <br /> c. The calculation of costs shall be based only on work which is eligible for credit <br /> under subsection A of this section. No credit shall be given for the cost of <br /> constructing improvements otherwise required by direct development pursuant to <br /> Titles 18, 19, and 20 of this code. The amount of credit includes construction costs <br /> and the cost of engineering. <br /> 2. Assessment Districts, Benefit Area and Community Facilities Districts. If development <br /> occurs within an assessment district, fee benefit area, community facilities district, or <br /> otherwise is subject to an assessment, fee or special tax collected specifically to defray <br /> the costs of providing or constructing transportation circulation improvements, the <br /> amount of credit is equal to that portion of the estimated construction cost of the <br /> transportation circulation improvements included in the assessments, fees or special <br /> taxes which will be contributed by the development. <br /> C. Reimbursement When Credit Exceeds Fee. When the amount of credit exceeds the amount <br /> of the developer's transportation development fee, the developer may be eligible for <br /> reimbursement of costs under Section 3.26.080 of this chapter. <br /> D. How and When Credit is Given. <br /> 1. If a developer is eligible for credit, the community development director shall calculate <br /> the credit pursuant to subsection B of this section, and determine the number of <br /> residential units,or office,commercial/retail,or industrial/warehouse square footage for <br />