SCHWALEN - REIMBURSEMENT AGMT FOR PARCEL MAP 5831 OF-SITE IMPROVEMENTS

t REIlVIBURSEMENT AGREEMENT FOR PARCEL MAP 5831 OFF-SITE IMPROVEMENTS THIS AGREEMENT is entered into at Pleasanton, California, this /~ day of ~G~>~ 1990, by and between CITY OF PLEASANTON, Alameda County, California, a municipal corporation ("City") and BRIAN HILARY SCHWALEN ("Developer") with reference to the following facts. A. Developer is the owner of certain real property in the City of Pleasanton, County of Alameda, State of California, commonly known as Pazcel Map 5831 (the "Property"). Developer has obtained City approval of a tentative parcel map for a four lot residential subdivision to be constructed on the Property. B. In connection with construction described above, Developer intends to construct or cause to be constructed certain improvements in Sycamore Road right-of--way area, which improvements will benefit the Property and other properties more fully described below. C. Pursuant to the Subdivision Map Act (California Government Code, Section 66410 et se ,Developer is entitled to reimbursement for certain costs of the improvements referred to above. City will inspect and accept said improvements and is willing to administer the reimbursement costs to Developer as set forth herein. NOW, THEREFORE, IT IS AGREED AS FOLLOWS: 1. Improvements. a. Certain construction work to be performed by Developer, consisting of underground utilities which include, but aze not limited to, 881 feet of 8-inch sewer line and 840 feet of 12-inch water line in Sycamore Road, plus related public improvements, will benefit other properties in addition to the Property. Developer is entitled to recover the cost of installation of the 881 feet of 8-inch sewer line and the estimated cost for installation of 840 feet of 8-inch water line as shown on Exhibit "A" from other properties which benefit from these improvements. The construction work to be performed by Developer and included in the off-site improvements is eligible for reimbursement hereunder (collectively, the "Improvements") shall include the work described on Exhibit "A" hereto, which shall be performed at an estimated cost as shown thereon. b. The reimbursement .agreement shall be based upon the estimates of construction cost included in Exhibit A. Within 60 days. after acceptance of the improvements by the City, Developer shall submit actual costs of the construction work, certified by Developer, to the. City Engineer. The City Engineer shall review the estimated costs of the 8-inch water main, if the -1-