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~ j' . ~{EN RECORDED, RETURN TO: <br />.'.t,.'.=, City Attorney '[35386 <br /> · .' . P.O. Box 520 <br /> , Pleasanton, CA 94566 <br /> <br /> · VALIaY AVBNUB BXT~MBZOM AGRBBMBMT (FAXBBR) <br /> <br /> THIS AGREEMENT is.entered into this .~[-~ day of ~,,,'/ , <br /> <br /> 1986, by and between the CITY OF PLBASItNTON, a municipal corpora- <br /> tion (hereinafter referred to as "City") and KaISBR SAND <br /> GRAVEL COMPANY, a Delaware corporation (hereinafter referred to <br /> as "Kaiser" ) . <br /> <br /> RECITALS <br /> <br /> A. Kaiser owns parcels of land within the City limits of <br /> Pleasanton in the vicinity of the proposed Valley Avenue exten- <br /> sion (APN 946-1250-19-1 consisting of approximately 73.39 acres <br /> and APN 946-1251-7-2 consisting of approximately 0.88 acres) <br /> (hereinafter referred to collectively as "Kaiser Property"). <br /> <br /> B. In August 1985, The California Public Utilities Commis- <br /> sion (PUC) approved three at-grade crossings in and adjacent to- <br /> the proposed Valley Avenue between Santa Rita Road and Stanley <br /> <br /> Boulevard (Decision 85-08-037). Subsequently, the City entered <br /> into a Memorandum of Understand ing ( "MOU" ) with the Southern <br /> Pacific Transportation Company (SPTCo) and the Western Pacific <br /> Railroad (WPRR). Pursuant to that MOU, the City applied to the <br /> PUC for a modification to Decision No. 85-08-037 to permit a <br /> grade separation rather than an at-grade crossing at the point <br /> where Valley Avenue intersects the WPRR main line. On March 5, <br /> <br /> 1986, the PUC approved that proposed grade separation (PUC Deci- <br /> r;~.C.~RDED IN OFFiCiAL <br /> sion 86-03-044). OF A~,,:,!FL)A COUNT'{. CAL;F. <br /> RENE C. DAVIDSON. Cou~il.y Recordel <br /> <br /> J! l '9 1986 <br /> EXHIBIT B AM ~1 <br /> <br /> - I - <br /> <br /> <br />