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• <br />RESTATED AND AMENDED REIMBURSEMENT AGREEMENT FOR STONERIDGE <br />CORPORATE PLAZA II <br />THIS RESTATED AND AMENDED REIMBURSEMENT AGREEMENT FOR <br />STONERIDGE CORPORATE PLAZA II ("Restated Reimbursement Agreement") is <br />entered into as of the 6th day of January, 1998, by and between the City of Pleasanton <br />("City"), a general law city located in Alameda County, California, and Crocker <br />Properties, Inc. ("Developer"), a wholly owned subsidiary of Wells Fargo Bank, N.A. <br />THIS RESTATED REIMBURSEMENT AGREEMENT IS ENTERED on the basis <br />of the following facts, intentions and understandings of the parties: <br />A. Developer is the owner of approximately twenty-seven and eight-tenths <br />(27.8) acres of real property ("Property") in the City of Pleasanton, County of Alameda, <br />State of California, commonly known as "Stoneridge Corporate Plaza II." The Property <br />is more particularly described in Exhibit A, attached hereto. <br />B. Developer has obtained approval from City of a modification of PUD <br />81-22 and a revised general development plan for amulti-phase, multi-building project <br />("Project"), with an aggregate of approximately six hundred four thousand seven <br />hundred fifty (604,750) square feet of gross floor area, to be constructed on the <br />Property. Developer also has entered into an amended Development Agreement <br />("Development Agreement") with City to allow for the phased construction of the <br />Project. <br />C. On August 20, 1990, City and Developer entered into a Reimbursement <br />Agreement for Stoneridge Corporate Plaza II (''Reimbursement Agreement") pursuant <br />to Condition No. 25 of PUD-81-22-6M relating to the provision of certain traffic <br />mitigation improvements ("Traffic Mitigation Improvements") in connection with <br />development of the Property. <br />D. The Reimbursement Agreement acknowledges that the Traffic Mitigation <br />Improvements will benefit the Property and other properties described therein, and <br />allocates a share of the costs of the Traffic Mitigation Improvements to Developer and <br />to each other benefiting property("Contributing Project"). <br />E. Pursuant to California Government Code Sections 66000 et seq. which <br />regulate the payment of fees for development projects, Developer is entitled to <br />reimbursement of some of the costs of the Traffic Mitigation Improvements ("Traffic <br />Mitigation Improvements Costs"). City is willing to administer the reimbursement of the <br />Traffic Mitigation Improvements Costs to Developer as set forth herein. <br />F. At the time the .Reimbursement Agreement was entered into, it was <br />anticipated that Developer's project could be developed prior to the Contributing <br />(AGREEMENTS1SRfDG1 CL.SAM) <br />