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This property is located in the vicinity of operating quarries on land <br />designated by the County of Alameda for sand and gravel quarry and <br />related operations, including asphalt and concrete plants, landfill, <br />recycling of construction materials, reclamation and other similar uses <br />(the "Quarry Lands"). The Quarry Lands have been designated by the <br />State of California as containing aggregate and mineral resources of <br />regional significance. Operations and reclamation activities at the <br />Quarry Lands are projected to continue until at least 2030. Quarry <br />operations may result in airborne particulate matter, bright lights, noise <br />and vibration, unattractive visual appearance, and heavy truck traffic. El <br />Charm Road serves as the main access route to the Quarry Lands and is <br />subject to a high volume of heavy truck traffic related to the Quarry <br />Lands. <br />10.3 Deed Rider. <br />(a) Livermore. As a condition of approval of all Livermore Land Use <br />Approvals, Livermore shall require all property owners and developers to attach a rider to each deed for <br />any property within the El Charro Specific Plan Area as set forth in Section 10.3(c). <br />(b) Pleasanton. As a condition of approval of all Pleasanton Land Use <br />Approvals, Pleasanton shall require all property owners and developers to attach a rider to each deed for <br />any property in the Staples Ranch Property as set forth in Section i0.3(c). Without limitation, the <br />Authority agrees to attach the rider set forth in Section 10.3(c) to each deed from the Authority for any <br />property in the Staples Ranch Property. <br />(c) Deed Rider Form. The deed rider required by Sections 10.3(a) and <br />10.3(b) shall be as follows: <br />Grantee hereunder acknowledges and agrees that the subject property is <br />located in the vicinity of active and operating quarries and processing <br />facilities. Grantee also acknowledges that quarry operations may result <br />in airborne particulate matter, bright lights, noise and vibration, <br />unattractive visual appearance, and heavy truck traffic on E[ Charro <br />Road and adjacent streets and roadways within or outside the quarries. <br />Grantee accepts possible inconvenience or discomfort from any of the <br />foregoing and Grantee hereby acknowledges and agrees that no claim of <br />nuisance shall lie based on any of the foregoing. Grantee hereby <br />covenants to include this same paragraph, in its entirety, in any <br />subsequent deed by Grantee of all or any portion of the subject property. <br />Grantee further covenants to include this same paragraph within any <br />lease for all or any portion of the subject property. <br />10.4 Memorandum of Agreement. <br />(a) Livermore. Concurrently with its execution of this Agreement, <br />Livermore shall duly execute an original counterpart of the Memorandum of Agreement. Livermore <br />further agrees to impose a condition of approval on any and all Livermore Land Use Approvals which <br />requires, prior to the issuance of any grading or building permit related to such Livermore Land Use <br />Approval, that the developer or property owner{s) associated with such Livermore Land Use Approval (i) <br />consents to the recordation of the Memorandum of Agreement on title to such developer's or property <br />002483.0004\793691.13 l9 <br />