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DEVELOPMENT DEFERMENT AGREEME~ <br /> <br /> THIS DEVELOPMENT DEFEPd~ENT AGREEMENT (the "Agreement") <br /> <br />is made this 12th day of ..... ...J~~?~_a_~[I/' ................, 1982~ by and between <br /> <br />ROBERT E. ['RANK (hereina~tcr ~ef'e~.'red to as "Developer") and <br />the CITY OF PLEASANTON, a municipal corporation (hereinafter <br />referred to as "City'J). <br /> <br /> RECITALS <br /> <br />A, Developer represents the owners (as shown on <br />Exhibit "A" attached hereto) of certain unincorporated property <br />(the "Property") of approximately 2.54 acres located in <br />Pleasanton, California bounded generally by Foothill Road <br />and Stoneridge Drive, more particularly described in Exhibit <br />"B" attached hereto and incorporated here~n.. <br /> <br /> B. Developer has purchased and now has outstanding <br />18,67 D.U.E. (Dwelling Unit Equivalent) sewer-system connection <br />permits for use in development of the Property, such permits <br />having been issued by the Dublin-San Ramon Services District <br />("DSRSD") pursuant to Alameda County Superior Court Order <br />in Civil Action No~ 42'3134 filed December 19, 1972 (the "Court <br />Order"). These permits were issued to Taubman Company and <br />assigned to the Developer. <br /> <br /> C. Pursuant to the 1972 Court Order, building permits <br /> <br />must be obtained within three (3) years after purchase of any · <br />sewer-system connection permits, or such sewer permits shall.?~ <br /> <br />[C:\TEMP\~LF50001.BMP] <br /> <br />be canceled. <br /> <br /> <br />