RES 83422 - Laserfiche WebLink

Drive at a point 1450 feet, more or less, northerly of Stoneridge Drive and extending 270 feet westerly, more or less, to its terminus in the easterly line of the ACFCWCD easement. The acquisition of storm drain pipes and headwalls in a portion of the Alameda County Flood Control and Water Conservation District easement recorded as document RE2873IM70 (about 67 feet wide) commencing at Stoneridge Drive and extending northerly 2100 feet, more or less, to its terminus. The acquisition of a sanitary sewer pipe and steel casing by boring and jacking under Hopyard Road at a location 1000 feet, more or less, northerly of Stoneridge Drive. The acquisition of all lands, street rights-of-way and the acquisition or construction of all auxiliary work necessary to. complete the above described improvements. Maintenance of the landscaping until July t, 1984. 2. REIMBURSEMENT OF DEVELOPmeNT COSTS. The City agrees to reimburse the Developer for the Development Costs for the Improvements described in Paragraph 1 in the amount of $ 7,460,600.00 The parties acknowledge that the Development Costs to be reimbursed pursuant to this Agreement have been ~scertained from Developer's records and that the City has not conducted an independent audit of these amounts. A detailed listing of Development Costs is contained in Appendix A attached hereto and by reference incorporated herein. 3. REIMBURSEMENT. The City shall reimburse the Development Costs in the amount stated in Paragraph 2, by a check drawn on the'improvement fund for Assessment District No. 82-3, Meyer Center, City of Pleasanton, Alameda County, California, within one day after the sale and delivery of improvement bonds of the assessment district. 4. CONVEYANCE OF TITLE. Title. to the Improvements