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~<ECORDING REQUESTED BY AND <br />WHEN RECORDED RETURN TO~ <br /> <br />City Attorney <br />P. O. Box 520 <br />Pleasanton, California <br /> <br />94566 <br /> <br /> THIRD ADDENDUM TO LONG-TE[~ AGREEMENT <br /> <br />BETWEEN CITY OF PLEASANTON AND PONDEROSA BOMES <br /> <br /> This Third Addendum to Long-Term Agreement ("Third Addendum") <br /> <br /> is made this__day of __, 1983, by and between PONDEROSA <br /> <br />HOMES, a general partnership ("Ponderosa"), and THE CITY OF PLEA- <br />SANTON, a municipal corporation ("City"). <br /> <br /> 1. City and Ponderosa have heretofore made and entered into <br />an agreement entitled Long-Term Agreement dated August 24, 1982 and <br />recorded in Alameda County Records on November 23, 1982 as Series No. <br />82-178300 as amended by First Addendum and Second Addendum recorded <br />on May 3, 1983 as Series No. 83-073964 and 83-073965 respectively <br />(collectively the "Long-Term Agreement"). Pursuant to Article I.A. <br />of the Long-Term Agreement, City granted Ponderosa growth management <br />approval for the Project (as defined in the Long-Term Agreement) <br />including, inter alia, 75 units in 1983, 150 hnits in 1984, and 150 <br />units in 1985. Pursuant to Article II.B of the Long-Term Agreement, <br />building permits may be granted pursuant to the Long-Term Agreement, <br />and for utilization within the time limit set forth in the Long-Term <br />Agreement. In the event of the expiration of either the growth <br />management approval or the bui].ding permit issued pursuant thereto, <br />the growth management approval so expiring may be reallocated by the <br />City in accordance with its Growth Managertent Program. <br /> <br /> 2. Ponderosa will acquire and become the fee owner of that <br />certain property described on Exhibit "A" attached hereto and made <br /> <br /> <br />