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easement over that real property described in Exhibit <br /> D-1 and shown on Exhibit D as "P.S.E.", containing <br /> approximately 772 square feet of land. <br /> <br /> (2) Temporary Storm Drainage Easement - a <br /> temporary storm drainage easement consisting of two <br /> parcels of land described in Exhibit D-2 as "Parcel One" <br /> and "Parcel Two" and shown on Exhibit D; said easement <br /> shall terminate upon the installation of permanent storm <br /> drainage facilities and the granting of permanent <br /> easements therefor. <br /> <br /> (3) Temporary Slope Easement - a temporary slope <br /> easement over that real property described in Exhibit <br /> D-3 and shown on Exhibit D; said easement shall <br /> terminate upon the development and/or grading of Lot C <br /> of Parcel Map 3701 in such a manner to make unnecessary <br /> the temporary slope easement. <br /> <br /> 4. Consideration. City shall pay Owner the sum of FIVE <br />HUNDRED TWENTY-FOUR THOUSAND DOLLARS ($524,000.00) as full <br />compensation for the fee and easements described in Section 3 <br />herein. City shall pay Owner with proceeds from the sale of bonds <br /> <br />for Assessment District 1984- Payment shall be made within <br /> <br />fifteen (15) days of the sale of bonds. <br /> <br /> 5. Fees and Title Insurance. City shall pay all escrows <br />and recording fees incurred in this transaction and, if title <br /> <br /> - ld - <br /> <br /> <br />