HOWARD MARK CO. - Laserfiche WebLink

• < .QC~~~~~t c,~ - PA~~i- SUBDIVISION AGRr.Ei~IEI:T a~,EGINpL • TRACTS ?)0. 47G8 and 5065; Foothill Knotls Pleasanton, Alameda Count~~, California THIS AGREEt•IEr:T made and entered at rleasanton, California this 27th day of September. 1983 by and between: Howard Mark Co. 25431 Cabot Road, Suite 202 Laguna Hills, California 92653 (hereinafter referred to as "Subdivider") and the CIT1 OF PLEASANTO:~', a general law city, located in Alameda County, California, acting through the City rianager and the City Clerk, (hereinafter referred to as "City"). WHEREAS, Subdivider has a tentative map for said tract, lying within the boundaries of the City; duly approved by the Planning Commission or the City Council; and WHEREAS, all or a portion of the area of the tentative map is presented as a "final map," a copy of said map is on file in the office of the City Engineer, and by reference is included in this agreement for all purposes as if attached hereto; and WHEREAS, said map and subdivision of land designates streets, easements and public ways for the City, and Subdivider proposes to dedicate this land set forth in the final map to the City; and WHEREAS, as a condition precedent to accepting this offer of dedication by Subdivider, City requires the improvements of the public ways, installation or extension of certain City services at Subdivider's expense and certain prctec~ics for the City on behalf of the public. NO~~, THEREFORE, in consideration of the faithful performance of the promises, terms, cond~tior.s and covenants set forth herein b~~ Subdivider and the appro~~al of the map for recording by the City+ the parties hereto agree as follot•rs: 1. Time of Essence. Tie is of the essence in the performance of this agreement. Tr:•~ ~.or'; a :d improvements required by this agree- ment to be completed b,~ S~1h-.ii•~ i;:er shall be co:.~pleted within one (1) year from the above-r;;~-:~; ~-:>: cate of this agreement. The City may exter.~ -_ .~ ~i:-:e for completion of improvements hereunder, upon good ca;:_~_ :,_,-;g shown by the Sut~divider. Any such extension may be granted ;ri~h~;at notice to the Subdivider's surety, and extension so granted shah ::ot relieve ttie surety's liability on the bond to secure the faithful performance of this agreement.