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AGREEMENT TO CONVEY AMADOR THEATER TO CITY <br /> INCLUDING TERMS AND CONDITIONS REGULATING MANAGEMENT AND USE <br /> <br /> THIS AGREEMENT is made and entered into this day of <br />October, 1987, by and between the CITY OF PLEASAMTON, a municipal <br />corporation and general law city (hereinafter called "City") and <br />the AMADOR VALLEY JOINT UNION HIGH SCHOOL DISTRICT, a school <br />district formed and existing under and by virtue of the Education <br />Code of the State of California (hereinafter called "District"). <br /> <br /> RECITAL <br /> <br /> Benefit to Community. Both parties desire to establish the <br />Amador Theater (hereinafter called "Theater" ) , located on the <br />campus of the Amador Valley High School, as a community civic <br />center and to provide for its ongoing management. In accordance <br />with the terms set forth below, this agreement will provide for <br />the management and operation of the Theater. In this manner, the <br />people of Pleasanton will be provided a performing arts center <br />for drama, ballet, symphony, choral, and other cultural <br />activities. This agreement will promote the purposes set forth <br />in state statutes in the following ways: <br /> <br /> A. A rejuvenated Amador Theater will present the people of <br />Pleasanton, including students, with' a greater variety of <br />cultural events than are now available in Pleasanton. <br /> <br /> B. The people of Pleasanton, including students, will have <br />greater opportunity to participate in the performing arts. <br /> <br /> C. The joint use provided by this Agreement will maximize <br />the efficient use of the resources available to the City and the <br />District. <br /> <br /> AGREEMENT <br /> <br /> NOW, THEREFORE, for and in consideration of the covenants <br />contained herein, the parties hereto agree as follows: <br /> <br /> 1. Conveyance of Theater. <br /> <br /> a. District shall convey all its right, title, and <br /> interest in Amador Theater and including a non-exclusive <br /> public service easement all as more particularly described in <br /> Exhibit "A" hereto (the "Property" ) in consideration for <br /> City's commitment to renovate and operate the Amador Theater <br /> for the benefit of the school district and the community. <br /> <br /> b. District and City agree to abide by the terms and <br /> conditions set forth in this Agreement relating to the <br /> management and use of Amador Theater. <br /> <br /> c. The District shall have and retain a right to <br /> repurchase the Property for $100.00 if the City shall ever <br /> <br /> - 1 - <br /> <br /> <br />