FIRST PLEASANTON INVESTORS - AMENDED SUBDIVISION AGMT (MAR 1984)

.~ AMENDED • SUBDIVISION AGREEi•1ENT TRACT NO. 5230 Fairlands, Unit 10 , PLEASAi<ITON ALA~IEDA COUi]TY, CALIFORNIA THIS AGREEi•IEI`JT made and entered at Pleasanton, California this _ March 7, 1984 , by and between First Pleasanton-Investors 3].123 Mission •Boulevard Ilayward, CA 94544 _ (hereinafter referred to as "Subdivider") and~Ditz--Crane, a California Corporation, 2295 De La Cruz Boulevard, Santa Clara, CA 95050 as Assignee and the City of Pleas<<nton,•a general law city, located-in Alameda .County, Cali~forni~i , acting through the ~ C'ity' Mana.~xer` ' an3 the ~ City Clerk, (hereinafter referred to as "City"). ~9FIEP.EAS, Subclividc~r has a tentative map for said tract, lying within the boundaries of_ the City; duly approved by the Planning Coramissian or the City Council; and LrTIiF,RE.AS, all or a ~~ortion of the area of the tentative map is presented as a "final map," a copy of said map is on file in .the office of the City Engineer, and by reference is included in this agreement for al.l purposes as if attached hereto; and ~•JHERk;AS, said map and subdivision of land designates streets, easements and public ways for the City, and Subdivider proposes to dedicate this land set forth in the final map to the City; and WHERF;AS, as a cot~ditic.~n precedent to accepting this offer of dedication by Subdivider, City requires the improvements of the public ways, installation or extension of certain City services at Subdivider's expense and certain protections for the City on behalf of the public. W?IT;RFAS, subdivider intends to assign all rights and interest in the property to Assignee upon final acquisition of the property. NO~~, TIIEREFORE, in consideration of the faithful performance of thE~ promises, terms, conditions and covenants set forth herein b~~ Subdivider and the approval of the map for recording by the City the parties hereto agree as follows: 1. Time of Essence. Time is of the essence in the performances of this agreement. The work and improvements required by this agree- ment to be completed by Subdivider shall be completed within one (1) year from t}ie above-mentioned date of this agreement.