Laserfiche WebLink
EXTENSION OF DEVELOPMENT DEFERMENT AGREEMENT <br /> WITH VALLEY MEDICAL ASSOCIATES <br /> <br /> THIS AGREEMENT is made this 17th day of September, 1985 by <br />and between VALLEY MEDICAL ASSOCIATES, a California general <br />partnership, hereinafter referred to as "Developer" and the CITY <br />OF PLEASANTON, a municipal corporation, hereinafter referred to <br />as "City". <br /> <br /> RECITALS <br /> <br /> A. Developer and City entered into an agreement on <br />February 26, 1985, which provided that no building permits would <br />be issued on the specified property prior to August 26, 1985. <br />The effect of that agreement was to extend until September 25, <br />1985 the time within which building permits could be obtained for <br />the property by the Developer without the expiration of all or <br />any portion of the 12.5 sewer permits. <br /> <br /> B. Because of delays not expected by the Developer and in <br />light of good faith progress by Developer, City and Developer <br />wish to prevent the Developer's 12.5 sewer permits from expiring <br />on September 25, 1985. <br /> <br /> NOW, THEREFORE, in consideration of the mutual provisions and <br />good faith progress by Developer, the parties agree as follows: <br /> <br /> 1. No building permits will be issued on the property prior <br />to November 25, 1985. <br /> <br /> 2. The effect of this agreement is to extend until <br />December 3, 1985 the time within which building permits can be <br />obtained for the property by Developer without expiration of all <br />or any portion of the sewer permits. <br /> <br /> 3. Sections 1 and 2 of the February 26, 1985 agreement are <br />deleted. <br /> <br /> - 1 - <br /> <br /> <br />