PONDEROSA HOMES II SUBDIVISION AGREEMENT TRACT 7381 - ON-SITE SUBDIVISION IMPROVEMENT AGMT

The City may extend the time for completion of improvements hereunder, upon good cause being shown by the Subdivider. Any such extension may be granted without notice to the Subdivider's surety, any extension so granted shall not relieve the surety's liability on the bond to secure the faithful performance of this Agreement. 2. Work. Subdivider will do or cause to be done and performed the following described work: Installation of common open space and recreational improvements, private access roads, street trees, all infracture, landscaping improvements, etc., as per project conditions of approval set forth in City of Pleasanton Ordinance No. 1866 and Planning Commission of City of Pleasanton Resolution PC-2002-68. 3. Inspection. City shall inspect all of said work through an inspector employed by City at the cost and expense of Subdivider, and Subdivider shall pay City the cos± of such inspection as fixed by Ordinance. The City Engineer has tentatively fixed the inspection costs which are due with the next Final Map recorded after the date of this Agreement over any property within the current boundaries of Tract 7381 and those costs are as follows: $32,504.00 4. Soils Report. Subdivider shall provide a preliminary soils report as required by Section 66490 of the Government Code. Said data shall be compiled by a qualified soils testing engineer without expense to the City. 5. Plans. All of said work shall be done and materials furnished in strict accordance with the approved plans for said offsite improvements filed with the City Engineer, and in accordance with the standard specifications and details of the City of Pleasanton. It is further understood that the work and materials shall be under the supervision of the City Engineer, and performed and installed to his satisfaction. 6. Related Contracts and Proceedings. Any prior contracts between City and Subdivider and any prior approvals by Boards, Commissions or Council of City shall not be affected by the provisions of this Agreement unless specific modification is set forth herein. 7. Securi On signing this Agreement, the Subdivider shall present to the City and file with the City Clerk, improvement security as defined in Section 66499 of the Government Code of the State of California. Said improvement security as approved by the City Attorney, shall consist of the following as determined by the City: a. cash deposit made with the City, or On site subdivision Improvement Agreement for items to be constructed with future Tract Project: Tentative Map -Tract 7381, Busch Road/Mohr Avenue Page 2 of 8