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DEFERRED STILEET IMPROVEMENT AGPJiEI~tENT <br /> <br /> THIS AGREEZ'~ENT is made and entered into on the day of <br /> <br /> , 1984, by and between KENNETH It. BEST (hereinafter <br />referred to as "Property Owner") and the CITY OF PLEASANTON, a <br />municipal corporation (hereinafter referred to as "City"). The <br />City and Property Ov~ner agree as set forth below. <br /> <br />I. RECITALS <br /> <br /> THIS AG}~EI~NT is made with reference to the following facts <br /> <br />and objectives: <br /> <br /> 1. Property Owner is the owner of real property in the <br /> <br />City of Pleasanton described in Exhibit "A", attached to this <br />agreement and made a part of it by this reference, which consists <br />generally of Parcel C of Parcel Map 2771 located on the southwest <br />corner of Valley Avenue and City Street/Boulder Drive. <br /> <br /> 2. Property Owner has applied for and received City approval <br /> <br />to subdivide Parcel C into two lots. <br /> <br /> 3. Valley Avenue and City Street/Boulder Drive are essentially <br />undeveloped access drives which do not meet City street standards <br />but are planned to be improved as properties develop along the streets. <br /> <br /> 4. As a condition of minor subdivision approval, the Property <br />Owner is required to improve Valley Avenue and City Street/Boulder <br />Drive to City standards, said condition being a normal City require- <br />ment and agreed to by the Property Owner. <br /> <br /> <br />