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SUBDIVISION AGREEi,~NT <br /> <br />TI~CT NO. 5115, Litwood Townhouses <br /> ALAYLEDA COUNTY, CkLIFORNIA <br /> <br />, PLEASANTON <br /> <br />THIS AGREEHENT made and entered at Pleasanton, California this <br /> <br />by and between: <br /> <br />L i nwood Townhous es <br />A Gen,::;~.'al Partnershi p <br />341 Flume Street, Suite C <br /> <br /> _ qhi '.<ie. ~._.i.T!O=i.fZ2._r..n.j-.{u ..! ~l~u9_2_q <br /> <br />{,he-2. e,i~ftjr ~'{=['e~ .~.ud 'to a~-:~ ~{Subdividef'~) and the CiTY OF PLEASeTON, <br /> <br />law cj..',~',; ioca[;ed in Alameda County, California, acting <br /> <br />througl~ the City Manager and the City Clerk~ (hereinafter referred 'to <br /> <br />-Cit-.,, <br /> <br /> WHEREAS, Subdivider has a tentative map for said tract, lying <br />within the boundaries of the City; duly approved by the Planning <br />Cont~ission or the City Council; an<] <br /> <br /> WHEREAS, ai] or a portion of the area of the tentative map is <br />presented as a "final map,'~ a copy of said map is on file in the <br />office of the City Engineer, and by reference is included in this <br />agreement for all purposes as if attached hereto; and <br /> <br /> WHERUAS~ said map and subdivision of land designates streets, <br />easements and public ways for the City, and Subdivider propos,es to <br />dedicat{~ this land -net fot"th in the final map to the City; and <br /> <br />WHERF. AS~ as a condition precedent to accepting this offer of <br />dedication by Subdivider, City requires the improvements of the public <br />ways, installation or extension of certain City services at Subdivider's <br />expense and certain protections for the City on behalf of the public. <br /> <br /> N(i,L', i'iiEP~i[~'Of~E, in cons.tderation o~ the faithful performance of <br />the promines~ terms, cond.Ltions and covenants set forth herein by <br />Subdivider and 'the apl:,roval {.>f the map for recording by the City <br />the part:ias hereto agree as fallows: <br /> <br />1~ Time of Essence. Time is of the essence in the performance <br />of this agreement. The ~iort: and jml~rovem. ent:s required by this agree- <br />ment to be corupl. eted by Subdivider shall be completed within or'le (1) <br />year from the above-mentioned date of this agreement. <br /> <br /> The City may ,extend the time for completion of improvements <br />hereunder, up,-~n good cause being shown by the Subdivider. Any such <br />{~xteasi{"=n may bc granted witl~out notice to the Subdivider's surety, and <br />extension so grantcd shaj. 1 not relieve the surety' s liability on the <br />'b<~nd to secn~:~'e the faithful performance of this agreement. <br /> <br /> <br />