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Purchase Agreement for Water Line Easement This Purchase Agreement (Agreement) is entered into this ~~ay of June 2000, by and between the City of Pleasanton, a municipal corporation ("City") and John and Julie Finegan ("Property Owners"). RECITALS A. The Property Owners own real property commonly known as 5456 Hopkins Court, Pleasanton, California (the "Property"). B. The City desires to acquire a water line easement across a portion of the Property. C. The Property Owners agree to sell to the City such an easement. NOW, THEREFORE, in exchange for valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows: 1. The Property Owners shall sell to the City an easement for the installation and maintenance of a water line across the Property. Such easement shall be ten (10) feet in width, and shall be located as shown on the attached Exhibit "A". 2. The Property Owners shall also grant the City a temporary construction easement to enter onto limited areas of the Property as reasonably needed to install the water main within the easement. Such temporary construction easement shall be valid until August 1, 2000. 3. The City shall pay the Property Owners two thousand dollars ($2,000.00) for the water line easement. Such payment shall be made upon the Property Owners delivering to the City an executed and recordable grant deed for the water line easement. Such grant of easement shall be delivered to the City no later than July 1, 2000. 4. It is the intent of the City that the water pipeline to be installed within the easement will be constructed within a steel casing, bored underneath the property. Hence, no disturbance of the existing landscaping and trees within the easement is expected. The City does agree, if the existing landscaping within the easement is disturbed or damaged during construction of the water line, to replace or repair said disturbance/damage to a state equal to that which existed prior to the construction work. The City also agrees to replace or compensate owner (for a mutually agreeable amount) for any trees which may die within the easement for a period of two years from the effective date of this easement. 5. This Agreement represents the entire understanding of the parties with regard to this matter, and supercedes all prior oral and written agreements regarding this matter.