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AGREEMENT <br /> <br /> THIS AGREEMENT is made and entered into this day <br /> <br />of , 1984, by and between HOTEL INVESTMENTS OF <br /> <br />PLEASANTON, LTD., a Colorado limited partnership (the "Developer"), <br /> <br />and the CITY OF PLEASANTON, <br />"City"). <br /> <br />a municipal corporation (the <br /> <br />RECITALS <br /> <br /> A. Developer is the owner of real property in the <br /> <br />City of Pleasanton described in Exhibit "A", attached to <br />this agreement and made a part of it by reference, which <br />consists generally of a 4.0 acre site located between Stoneridge <br />Mall Road and 1-580 (the "Property"). <br /> <br /> B. Developer has received design review approval (Z-84-129, <br />Resolution No. 84-298) for a six-story hotel on the Property <br />subject to numerous conditions (the "Project"). <br /> <br /> C. Prior to approving the Project, City adopted a <br />Mitigated Negative Declaration in which certain measures <br />were mutually agreed upon by City and Developer so as to <br />avoid potential significant adverse impacts, including <br />(1) financial participation by Developer in certain water <br />and fire service studies and (2) agreement to participate in <br />assessment districts or other funding mechanisms for certain <br /> <br />water service, fire service, <br />all to be done prior to the <br />for the Project. <br /> <br />and traffic facility improvements, <br />issuance of a building permit <br /> <br />-1- <br /> <br /> <br />