RES 84303 - Laserfiche WebLink

amendment to the 1978 Agreement by each of the major department store parties identified in Section V-G of the 1978 Agreement. In the event that Properties is unable to obtain the joinder of one or more of such parties to the subject amendment, Properties (and any department store owner(s) whose joinder is obtained) shall enter into the subject amendment in respect of that portion of the Shopping Center owned by Proeprties (and such department store o~ner(s)), with the result that the City's obligations under the 1978 Agreement as originally executed shall continue to apply to the parcels of the non-joining department store owner(s). 2. Prior Assignments From Original Capacity. (a) Stoneridge Peripheral, a California joint venture and affiliate of Properties ("Stoneridge Peripheral"), has ~reviously sold or leased to various developers and/or users parcels within the area herein referred to as the Peripheral Land and, in connection with such sales and leases, has allocated a specific number of gallons per day of sewer discharge capacity from the Original Capacity. Attached hereto as Exhibit B-1 is a schedule setting forth the particular parcels witKin the Peripheral Land which have been sold or leased and the corresponding number of gallons of discharge capacity allocated from the Original Capacity in respect of each such parcel. The only ~ortion of the Peripheral Land presently still unsold or unleased by Stoneridge Peripheral is Parcel 2 as shown on Parcel Map 3551, filed of record on August 27, 1981 in the Official Records of Alameda County (the "Remaining Parcel"). It is ~resently contemplated that the Remaining Parcel will be sold for commercial development, subject to such murchaser obtaining necessary City approvals therefor.