08 ATTACHMENT 5 - Laserfiche WebLink

5.7 LIVERMORE's payment to the AUTHORITY shall be reduced to the extent that Zone 7 agrees to reimburse AUTHORITY for the cost of the design, permitting and construction of the Livermore Flood Protection Improvements, including any mitigation costs. If AUTHORITY'S cost for the Livermore Flood Protection Improvements or the Minimum Livermore Flood Protection Improvements is less than $2 million following reimbursement by Zone 7, LIVERMORE'S payment obligation to AUTHORITY shall be reduced accordingly to represent a 50% share of non-reimbursed costs. 5.8 If LIVERMORE has not paid AUTHORITY the amount set forth in paragraph 5.6 within 12 months of the substantial completion of the Livermore Flood Protection Improvements, interest shall accrue on the total amount due at the then current Local Agency Investment Fund rate until payment is made. 6. OTHER CONSIDERATIONS 6.1 If requested by PG&E, and provided that LIVERMORE is in compliance with this Agreement, AUTHORITY agrees to make best efforts to expedite provision for an appropriate temporary electrical easement to PG&E for an overhead 21 kV electrical transmission line along the I-580 frontage of the Staples Ranch Property to allow the connection of the Vineyard substation in Pleasanton with the Tassajara substation in Dublin prior to the completion of the El Charro Interchange Improvements. The AUTHORITY's obligations under this paragraph are subject to PG& E's agreeing to the following: (a) PG&E, at no cost to AUTHORITY, must remove the lines and relocate the service across the El Charro Road Interchange within 90 days of substantial completion of the El Charro Road Interchange Improvements, or as soon thereafter as practicable , (b) locate the temporary easement on the Staples Ranch Property as directed by the AUTHORITY in a location and manner that will not interfere with mass grading or construction on the Staples Ranch Property, and (c) as part of the re-wiring of the existing 12 kv lines along El Charro Road between I-580 and the Arroyo Las Positas, the 21 kV line will be relocated outside of and east of the ultimate El Charro Road travel lanes as part of the PG&E work and at PG&E's cost. 7. NON-INTERFERENCE 7.1 LIVERMORE, AUTHORITY and PLEASANTON agree that the proximity of the El Charro Specific Plan and the Staples Ranch Project, as well as the need for shared road and flood protection improvements that can serve both the El Charro Specific Plan and the Staples Ranch Specific Plan, require the cooperation of all parties in pursuing entitlements and approvals for both projects. 7.2 As set forth herein, LIVERMORE and its agents and representatives will neither challenge nor oppose (a) PLEASANTON's or AUTHORITY'S actions to process the Staples Ranch Specific Plan and EIR, (b) PLEASANTON's certification of the EIR for the Staples Ranch Specific Plan and the Staples Ranch Project, (c) PLEASANTON' S approval of the Staples Ranch Specific Plan and the Staples Ranch 12 Cost Sharing Agreement Surplus Property Authority, Livermore and Pleasanton