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FIRST AMENDMENT TO <br /> OFFSITE IMPROVEMENT AGREEMENT <br /> (Bernal Investment Company - Bemal Property Backbone Infrastructure) <br /> <br />THIS FIRST AMENDMENT TO OFFSITE IMPROVEMENT <br />AGREEMENT made and entered at Pleasanton, California, this __ day of <br /> _, 2005, by and between: <br /> <br /> BERNAL INVESTMENT COMPANY, LLC <br /> c/o Greenbriar Homes Communities <br /> 43160 Osgood Road <br /> Fremont, CA 94539 <br /> <br />(hereinafter referred to as "Developer") and the CITY OF PLEASANTON, a <br />general law city, located in Alameda County, California (hereinafter referred to as <br />"City"). <br /> <br /> WHEREAS, Developer has approved plans for residential and commercial <br />development on approximately 196 acres, bounded in the west by the Arroyo de la <br />Laguna, on the north by Bemal Avenue, and on the east by the Alameda County <br />Transportation Corridor, commonly known as the "Bemal Property", lying within <br />the boundaries of the City; and <br /> <br /> WHEREAS, Developer and City entered into an Offsite Improvement <br />Agreement dated August 10, 2001 for work on improvements plans entitled <br />"Offsite Improvement Plans - Tract 7255" designed by RJA and Associates, <br />approved by the City Engineer on July 27, 2001 ("Agreement"); and <br /> <br /> WHEREAS, said plans designate the construction of public streets and <br />improvements that the Developer intends to dedicate to the City; and <br /> <br /> WHEREAS, as a condition precedent to accepting this offer of dedication <br />by Developer, City requires the public improvements, including installation or <br />extension of certain City services at Developer's expense and certain protections <br />for the City on behalf of the public; and <br /> <br /> WHEREAS, Developer has completed all of the improvements required <br /> under the Agreement except: 1) Bemal Avenue Bridge and Bemal Avenue <br /> Improvements, and 2) Bioswales shown on Exhibit A. <br /> <br /> FIRST AMENDMENT TO OFFSITE IMPROVEMENT AGREEMENT <br /> Page 1 of 5 <br /> <br /> <br />