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~ i <br />OFFSITE IMPROVEMENT AGREEMENT <br />(Bernal Investment Company -Bernal Property Backbone Infrastructure) <br />THIS AGREEMENT made and entered at Pleasanton, California, this <br />~~ day of ~ L ~,,~;~' , 2001, by and between: <br />~J <br />BERNAL INVESTMENT COMPANY, LLC <br />c/o Greenbriar Homes Communities <br />4340 Stevens Creek Blvd., Suite 240 <br />San Jose, CA 95129 <br />(hereinafter referred to as "Developer") and the CITY OF PLEASANTON, a <br />general law city, located in Alameda County, California, acting through the City <br />Manager and the City Clerk, (hereinafter referred to as "City"). <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 Bernal Avenue, and on the east by the Alameda County <br />Transportation Corridor, commonly known as the "Bernal Property", lying within <br />the boundaries of the City; and <br />WHEREAS, Developer has presented improvements plans entitled "Offsite <br />Improvement Plans -Tract 7255" designed by RJA and Associates, approved by <br />the City Engineer on JL 2 2001, and by reference is included <br />in this Agreement for all pu oses as if attached hereto; and <br />WHEREAS, said plan designates the construction of public streets and <br />improvements that the Developer intends to dedicate to the City; and <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. <br />NOW, THEREFORE, in consideration of the faithful performance of the <br />promises, terms, conditions and covenants set forth herein by Developer, the <br />parties hereto agree as follows: <br />OFFSITE IMPROVEMENT AGREEMENT <br />Page 1 of 8 <br />