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HomeMy WebLinkAboutOrd 13-03 DevAgmtDubRnchAreaAORDINANCE NO. 13 - 03 A~N ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING THE DEVELOPMENT AGREEMENTS FOR PA 02.4)20 and PA 02-021 TOLL BROTHERS (TOLL CA II, L.P.) FOR NEIGHBORHOODS A-2 AND A-3 OF DUBLIN RANCH AREA A THE CITY COUNCIL OF THE CITY OF DUBLIN DOES HEREBY ORDAIN AS FOLLOWS: Section 1 ~ RECITALS A. The proposed Neighborhoods A-2 and A-3 of Dublin Ranch Area A is located within the boundaries of the Eastern Dublin Specific Plan ("Specific Plan") in an area, which is designated on the General Plan Land Use Element Map, and Eastern Dublin Specific Plan Land Use Map as Single Family land uses. B. Pursuant to the California Environmental Quality Act (CEQA), CEQA Guidelines Section 15182, the proposed project is within the scope of the Final Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan, which was certified by the City Council by Resolution No. 51-93, and the Addenda dated May 4, 1993 and August 22, 1994 (the "EIR") (SCH 91103064). C. Two Development Agreements between the City of Dublin and Toll CA II, L.P. have been presented to the City Council, E~Jaibit. s A and. B, attached hereto. D. A public hearing on the proposed Development Agreements was held before the Planning Commission on September 9, 2003, for which public notice was given as provided by law. E. The Planning Commission has made its recommendation to the City Council for approval of the Development Agreements. F. A public hearing on the proposed Development Agreements was held before the City Council on October 7, 2003 and October 21, 2003, for which public notice was given as provided by law. G. The City Council has considered the recommendation of the Planning Commission who considered the item at the September 9, 2003 meeting, including the Planning Commission's reasons for its recommendation, the Agenda Statement, all comments received in writing and all testimony received at the public hearing. Section 2. F .!NDINGS AND DETERMINATIONS Therefore, on the basis of (a) the foregoing Recitals which are incorporated herein, (b) the City of Dublin's General Plan, (c) the Eastern Dublin General Plan Amendment, (d) the Specific Plan, (e) the EIR, (f) the individual Mitigated Negative Declarations (g) the Agenda Statement, and on the basis of the specific conclusions set forth below, the City Council finds and determines that: 1. The Development Agreements are consistent with the objectives, policies, general land uses and programs specified and contained in the City's General Plan, as amended by the Eastern Dublin General Plan Amendment, and in the Specific Plan in that (a) the General Plan and Specific Plan land use designation for the site is Single Family Density Residential Land Uses and the proposed project is a project consistent with that land use, Co) the project is consistent with the fiscal policies of the General Plan and Specific Plan with respect to provision of infrastructure and Public services, and (c) the Plan and Specific Plan with respect to provision of infrastructure and public services, and (c)the Development Agreement includes provisions relating to vesting of development rights, and similar provisions set forth in the Specific Plan. 2. The Development Agreements are compatible with the uses authorized in, and the regulations prescribed for, the land use districts in which the real property is located in that the project approvals include a PD District Overlay Zone for Dublin Ranch Area A, and vesting tentative tract maps 7139 and 7140. 3. The Development Agreements are in conformity with public convenience, general welfare and good land Use policies in that NeighborhO°ds A'2 and A'3°f DUblin RanCh Area A will imPlement land use guidelines set forth in the Specific Plan and the General Plan which have planned for residential, commercial, parks, schools, public and semi-public, open space and campus office uses at this location. 4. The Development Agreements will not be detrimental to the health, safety and general welfare in that the project will proceed in accordance with all the programs and policies of the Eastern Dublin Specific Plan. 5. The Development Agreements will not adversely affect the orderly development of property or the preservation of property values in that the project will be consistent with the General Plan and with the Specific Plan. Section 3. APPROVAL The City Council hereby approves the Development Agreements (Exhibits A and B) and authorizes the Mayor to sign. Section 4. RECORDATION Within ten (10) days after the Development Agreements are fully executed by all parties, the City Clerk shall submit the Agreement to the County Recorder for recordation. Section 5.. EFFECTIVE DATE AND POSTING OF ORDINANCE This Ordinance shall take effect and be in force thirty (30) days from and after the date of its passage. The City Clerk of the City of Dublin shall cause the Ordinance to be posted in at least three (3) public places in the City of Dublin in accordance with Section 36933 of the Government Code of the State of California. PASSED AND ADOPTED BY the City Council of the City of Dublin, on this 21st day of October 2003, by the following votes: AYES: NOES: ABSENT: Councilmember Zika ABSTAIN: None ATTEST: · ~C~ Clerk~ K2/G/10-21-03/ora-tollbros.do¢ (Item 6.2) g:Xp~2X02-020 dublh ~ch ~Xordin~ ~-~.d~ Councilmembers McCormick, Oravetz, Sbranti and Mayor Lockhart None 2 City of Dublin When Recorded Mail To: City Clerk City of Dublin 100 Civic Plaza Dublin, CA 94568 Space above this line for Recorde~"s Use DEVELOPMENT AGREEMENT BETWEEN THE CITY O,F DUBLIN AND TOLL CA II, L.P. FOR AREA A-2 OF DUBLIN RANCH AREA A EXHIBIT THIS DEVELOPMENT AGREEMENT is made and entered in the City of Dublin on this day of ,2003, by and between the CITY OF DUBLIN, a Municipal Corporation (hereafter '"City'), and Toll CA II, L.P. a California limited partnership (hereafter collectively "Develloper"), pursuant to the authority of §§ 65864 et seq. of the California Government Code and Dublin Municipal Code, Chapter 8.56. RECITALS A. California Government Code §§ 6586'4 et seq. and Chapter 8.56 of the Dublin Municipal Code (hereafter "Chapter 8.56") authorize the CITY to enter into an Agreement for the development o,f real property with any person having a legal or equitable interest in such property in order to establish certain development rights in such property; and B. The City Council adopted the Eastern Dublin Specific Plan by Resolution No. 53-93 which Plan is applicable to the Property; and C. DEVELOPER desires to develop and holds legal interest in certain real property consisting of approximately 9.3 acres of land, located in the City of Dublin, County of Alameda, State of California, which is designated as Parcel A-2 on the Master Tentative Map for Tract 7.1135 and is more particularly described in Exhibit A attached hereto and incorporated herein by this reference, and which real property is hereafter called the 'Property"; and D. DEVELOPER acquired its interest in the Property from DR Acquisitions I, LLC, which acquired its interest, in the Property from Chang Su-O- Lin, Hong Lien Lin and Hong Yao Lin (the"Lins"); and E. The Lins and CITY are parties to a "Master Development Agreement Between the City of Dublin and. The Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G and H) CMaster Development Agreement")", section 7 of which requires DEVELOPER to enter into this development agreement; provided however, this Agreement shall not impair any developer's rights under the Master DA; and F. The Eastern Dublin Specific Plan also requires DEVELOPER to enter into this development agreement; provided however, this Agreement shall not impair any developer's rights under the, Master DA; and G. DEVELOPER proposes the development of the Pro. perty with 50 single family detached homes (the "Project."); and H. DEVELOPER has applied for, and CITY has approved or is processing, various land use approvals i~n connection with the development of the Project, including an amendment to the General Plan and Eastern Dublin Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 2 of 16 Specific Plan (City Council Resolution No.. 53-98), PD District rezoning (City Council Ordinance No. 23-97), general provisions for the PD District rezoning including the Development Plan (City C.our~cil Resolution No. 139-97), Master Vesting Tentative Map for Tract 7135 (Planning Commission Resolution No. 00- 36), Vesting Tentative Map for Tract 7137 (Neighborhood A-2) (Planning Commission Resolution 00-38; Planning Commission Resolution 02-10 [amending conditions of approval of Vest~ng Tentative Map for Tract 7137]), and site development review (Planning Commission Resolution No. (collectively, together with any approvalls or permits now or hereafter issued with respect to the Project, the "Project Approvals"); and 1. Development of the Property' by DEVELOPER may be subject to certain future discretionary approvals, which, if granted, shall automatically become part of the Project Approvals as each such approval becomes effective; and J. CITY desires the timely, efficient, orderly and proper development of said Project; and K. The City Council has found that, among other things, this Development Agreement is consistent with its General Plan and the Eastern Dublin Specific Plan and has been reviewed and evaluated in accordance with Chapter 8.56; and L. CITY and DEVELOPER have reached agreement and desire to express herein a Development Agreement that will facilitate development of the Project subject to conditions set forth herein; and M. Pursuant to the California Envi¢onmental Quality Act (CEQA) the Planning Commission adopted Resolution Nos. 00-36 and 00-38 finding that the Project is within the scope of the Final Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council by Resolution No. 51-93 and the Addenda dated May 4, 1993 and Au§ust 22, 1994 (the "EIR"); and N. On , the City Council of the City of Dublin adopted Ordinance No. approving this Development Agreement. The ordinance toOk effect on NOW, THEREFORE; with reference to the foregoing recitals and in consideration of the mutual promises, obligations and covenants herein contained, CITY and DEVELOPER agree as follows: Du blin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 3 of 16 AGREEMENT 1. Description of Property. The Property which is the subject, of this Development Agreement is described in Exhibit A attached hereto (,Property"). 2. Interest of Developer. The DEVELOPER has a legal or equitable interest in the Property in that it owns the Property in fee simple. 3. Relationship of City and Developer'. It is understood that this Agreement is a contract that has been negotiated and voluntarily entered into by CITY and DEVELOPER and that the DEVELOPER is not, an agent of CITY. The CITY and DEVELOPER hereby renounce the existence of any form of jo, iht venture or partnership between them, and agree that nothing contained herein or in any document executed in connection herewith shall be construed as making the CITY and DEVELOPER joint venturers or partners. 4, Effective Date and Term. 4.1 Effective Date. The effectiive date of this Agreement shall be the date upon which this Agreement is signed by City. 4.2 Term. The term of this Development Agreement shall commence on the effective date and extend five (5) years thereafter, unless said term is otherwise terminated or modified by circumstances set forth in this Agreement. 5. Use of the Property. 5.1 Ri.qht to. Develop. Developer shall have the vested right to develop the Project on the Property in accordance with the terms and conditions of this Agreement, the Project Approvals (as and when issued), and any amendments to any of them as shall, from time to time, be approved pursuant to this Agreement. 5.2 Permitted Uses. The permitted uses of the Property, the density and intensity of use, the maximum height, bulk and size of proposed buildings, provisions for reservation or dedication of ~and for public purposes and location and maintenance of on-site and off-site improvements, location of public utilities (operated by CITY) and other terms and conditions of development applicable to the Property, shall be those set forth in this Agreement, the Project Approvals and any amendments to this Agreement.o,r the Project Approvals. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 4 of 16 5.3 Additional Conditions. Provisions for the following ("Additional Conditions") are set forth in Exhibit B attached hereto and incorporated herein by reference. 5.3.1 Subsequent Discretionary ApprovaJs. Conditions, terms, restrictions, and requirements for subsequent discretionary actions. (These conditions do not affect Developer's responsibility to obtain all other land use approvals required b,y the ordinances of the City of Dublin other approvals from regulatory aglencies.) Not Ap,piicable 5.3.2 Mitigation Conditions. Additional or modified conditions agreed upon by the parties in order to eliminate or mitigate adverse environmental impacts of the Project or otherwise relating to development of the Project. See Exhibit B 5.3.3 Phasinq', Timing. Provisions that the Project be constructed in specified phases, that construction shall commence within a specified time, and that the Project or any phase thereof be completed within a specified time. see Exhibit B 5.3.4 Financin.q Plan. Financial plans which identify necessary capital improvements such as streets and utilities and sources of funding. See EL~hibit B 5.3.5 Fees, Dedications. Terms relating to payment of fees or dedication of property. See Exhibit B 5.3.6 Reimbursement. Terms relating to subsequent reimbursement over time for fina. n~cing of necessary public facilities. See Exhibit B 5.3.7 Miscellaneous. Miscellaneous terms. See Exhibit B 6. Applicable Rules, Re.qulations and Official Policies. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 5 of 16 6.1 Rules re Permitted Uses. For the term of this Agreement, the City's ordinances, resolutions, rules, regulations and official policies governing the permitted uses of the Property, governingl density and intensity of use of the Property and the maximum height,- bulk and size of proposed buildings shall be those in force and effect on the effective date of the Master Development Agreement. 6.2 Rules re Desiqn and Construction. Unless otherwise expressly provided in Paragraph 5 of this Agreement, the ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to the Project shall be those in force and effect at the time of the applicable discretionary Project Approval. Ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to public improvements to be constructed by Developer shall be. those in force and effect at the time of the applicable permit approval. 6.3 Uniform Codes Applicable.. Unless expressly provided in Paragraph 5 of this Agreement, the Project shall be constructed in accordance with the prov.isions of the Uniform Building, Mechanical, Plumbing, Electrical and Fire Codes and Title 24 of the California Code of Regulations, relating to Building Standards, in effec;[ at the time of approval of the appropriate building, grading, or other construction permits for the :Project. 7. Subsequently Enacted Rules and Requlations. 7.1 New Rules and Requlations. During the term of this Agreement, the City may apply new or modified ordinances, resolutions, rules, regulations and official policies of the City to the Prop.erty which were not in force and effect on the effective date of this Agreement and which are not in conflict with those applicable to the Property as set forth in this Agreement if: (a) the application of such new or modified ordinances, resolutions, rules, regulations or official policies would not prevent, impose a substantial financial burden on, or materially delay development of the Property as contemplated by this Agreement and the Project Approvals and (b) if such ordinances, resolutions, rules, regulations or official policies have general applicability. 7.2 Approval of Application. Nothing in this Agreement shall prevent the CITY from denying or conditionally approving any subsequent land use permit or authorization for the Project on .the basis of such new or modified ordinances, resolutions, rules, regulations and policies except that such subsequent actions shall be subject to any conditions, terms, restrictions, and requirements expressly set forth herein. 7.3 Moratorium Not Applicable. Notwithstanding anything to the contrary contained herein, in the event an ordinance, resolution or other measure Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437,1 Page 6 of t 6 is enacted, whether by action of CITY, b,y initiative, referendum, or otherwise, that imposes a building moratorium, a limit on the rate of development or a voter- approval requirement which affects the Project on all or any part of the Property, CITY agrees that such ordinance, resolution or other measure shall not apply to the Project, the PropertY, this Agreement or the Project Approvals unless the building moratorium is imposed as part of a declaration of a local emergency or state of emergency as defined in Government Code § 8558. 8. Subsequently Enacted or Revised Fees1 Assessments and Taxes. 8.1 Fees, Exactions, Dedications CITY and DEVELOPER agree that the fees payable and exactions required in connection with the development of the Project for purposes of mitigating environmental and other impacts of the Project, providing infrastructure for the Project and complying with the Specific Plan 'shall be those set forth in the Project Approvals and in this Agreement (including Exhibit B). The CITY shall not impose or require payment of any other fees, dedications of land, or construction of any public improvement or facilities, shall not increase or accelerate existing fees, dedications of land or construction of public improvements, or impose other exactions in connection with any subsequent discretionary approval for th~ Property, except as set forth in the Project Approvals and this Agreement (including Exhibit B, subparagraph 5.3.5). 8.2 Revised Application Fees. Any existing application, processing and inspection fees that are revised during the term of this Agreement shall apply to the Project provided that (1) such fees have general applicability; (2) the application of such fees to the Property is. prospective; and (3) the application of such fees would not prevent development in accordance with this Agreement. 8.3 New Taxes. Any subsequently enacted city-wide taxes shall apply to the Project provided that: (1) the application of such taxes to the Property is prospective; and (2) the application of such taxes would not prevent developmeqt in accordance with this Agreement. 8.4 Assessments. Nothing herein shall be construed to relieve the Property from assessments levied against it by City pursuant to any statutory procedure for the assessment of property to pay for infrastructure and/or services which benefit the Property. 8.5 Vote on Future Assessmen~ts and Fees. In the event that any assessment, fee or charge which is ap¢icable to the ProperS' is subject to Article XIIID of the Constitution and DEVELOPER does not return its ballot, DEVELOPER agrees, on behalf of itself and its successors, that CITY may count DEVELOPER's ballot as affirmatively voting in favor of such assessment, fee or charge. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 7 of 16 9. Amendment or Cancellation.' 9.1 Modification Because of Conflict with State or Federal Laws. In the event that state or federal laws or regulations enacted after the effective date of this Agreement prevent or preclude comCance with. one or more provisions of this Agreement or require changes in plains', maps or permits approved by the City, the parties shall meet and confer in good faith in a reasonable attempt to modify this Agreement to comply with such federal or state law or regulation. Any such amendment or suspension of the Agreement shall be approved by the City Council in accordance with Chapter 8.56. 9.2 Amendment by Mutual Consent. This Agreement may be amended in writing from time to time by rriutual consent of the parties hereto'and in accordance with the procedures of State law and Chapter 8.56. 9.3 Insubstantial Amendments.. Notwithstanding the provisions of the preceding paragraph 9.2, any amendments to this Agreement which do not relate to (a) the term of the Agreement as provided in paragraph 4.2; (b) the permitted uses of the Property as provided in paragraph 5.2; (c) provisions for "significant" reservation or.dedication of land as provided in Exhibit B; (d) conditions, terms, restrictions or requirements for subsequent discretionary actions; (e) the density or intensity of use of the Project; (f) the maximum height or size of proposed buildings; or (g) monetary contributions by DEVELOPER as provided in this Agreement, shall not, except to the extent otherwise required by law, require notice or public hearing before either the P~anning Commission or the City Council before the parties may execute an amendment hereto. CITY's Public Works Director shall determine whether a. reservation or dedication is "significant". 9.4' Amendment of Project Approvals. Any amendment of Project Approvals relating to: (a) the permitted use of the Property; (b) provision for reservation or dedication of land; (c) conditiions, terms, restrictions or requirements for subsequent discretionary actions; (d) the density or intensity of use of the Project; (e) the maximum height or size of proposed buildings; (f) monetary contributions by the DEVELOPER; or (g) public improvements to be constructed by DEVELOPER shall require an amendment of this Agreement. Such amendment shall be limited to those provisions of this Agreement which are implicated by the amendment of the Project Approval. Any other amendment of the Project Approvals, or any of them, shall not require amendment of this Agreement unless the amendment of the. Project Approval(s) relates specifically to so. me provision of this Agreement. 9.5 Cancellation by Mutual Consent. Except as otherwise permitted herein, this Agreement may be canceled in whole Or in part only by the mutual consent of the parties or their successors in interest, in "accordance with the Dublin/Toil Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 8 of 16 provisions of Chapter 8.56'. Any fees paid pursuant to Paragraph 5.3 and Exhibit B of this Agreement prior to' the date of cancellation shall be retained by CITY. 10. Term of Proiect Approvals. Pursuant to California Government Code Section 66452.6(a), the term of the vesting tentative map described in Recital H above shall automatically be extended for the term of this Agreement. The term of any other Project Approval shall be extended only if so provided in Exhibit B. 11. Annual. Review. 11.1 Review Date. The annual review date for this Agreement shall be between July 15 and August 15, 2003 and each July 15 to August 15 thereafter. 11.2 Initiation of Review. The CIITY's Community Development Director shall initiate the annual review, as requiredl under Section 8.56.140 of Chapter 8.56, by giving to DEVELOPER thirty (30) days' written notice that the CITY intends to undertake such review, DEVELOPER shall provide evidence to the Community Development Director prior to the hearing on the annual review, as and when reasonably determined necessary by the Community Development Director, to demonstrate good faith compliance with the provisions of the Development Agreement. The burden of proof by substantial evidence of compliance is upon the DEVELOPER: 11.3 Staff Re0orts. To the extent practical, CITY shall deposit in the mail and fax to DEVELOPER a copy of all..staff reports, and related exhibits concerning contract performance at least five (5) days prior to any annual review. 11.4 Costs. Costs reasonably incurred by CITY in connection with the annual review shall be paid by DEVELOPER in accordance with the City's schedule of fees in effect at the time of review. 12. Default. 12.1 Other Remedies Available. Upon the occurrence of an event of default, the parties may pursue all other remedies at law or in equity which are not otherwise provided for in this Agreement or in City's regulations governing development agreements, expressly including the remedy of specific performance of this Agreement. 12.2 Notice and Cure. Upon the occurrence of an event of default by either party, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is. not cured by the defaulting party within -thir[y (30) days after service of such notice of default, the nondefaulting party may then commence any legal or equitab. Oe action to enforce its rightS under this Du blin/Toll Development Agreement For Dublin Ranch'Area A / A-2 657437.1 Page 9 of 16 Agreement; provided, however, that if the default cannot be cured within such thirty (30) day period, the nondefaultingl party shall refrain from any such legal or equitable action so I°ng as the defaulting party begins t° cure such default within such thirty (30) day period and. diligently pu~rsues such cure to completion. Failure to give notice shall not constitute a waiver of any default. '12.3 No Dama.qes Aqainst CITY. in no event shall damages be awarded against CITY upon an event of default or upon termination of this Agreement. 13. Estoppel Certificate. Either party may, at any time, and from time to time, request written notice from the other party requesting such party to Certify in writing that, (a) this Agreement is in full force and effect and a binding obligation of the parties, (b) this Agreement has not been amended or modified either orally or in writing, or if so amended, identifying the amendments, and (c) to the knowledge of the certifying party the requesting party is not in default in the performance of its obligations under this Agreement, or if in default, to describe t. herein the nature and amount of any such defaults. A party receiving a request hereunder shall execute and return such certificate within thirty (30) days following the receipt thereof, or such-longer period as may reasonably be agreed to by tl~e parties. City Manager of City shall be authorized 'to execute any certificate requested by DEVELOPER. Should the party receiving the request not execute and return such certificate within.the applicable pedod, this shall not be deemed to be a default, provided that such party shall be deemed to have certified that the statements in clauses (a) through (c) of ~his section are true, and any party may rely on such deemed certification. 14. Mort.qa.qee Protection; Certain Riqhts of Cure. 14.1 Mort.qa.qee Protection..This Agreement shall be superior and senior to any lien placed upon the Property', or any portion thereof after the date of recording this Agreement, including the lien for any deed of trust or mortgage ("Mortgage"). Notwithstanding the forego.ir~g, no breach hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good faith and for value, but all the terms and conditions contained in this'Agreement shall be binding upon and effective against any person or entity, including any deed of trust beneficiary or mortgagee ("Mortgagee.") who acquires title to the Property, or any portion thereof, by foreclosure, trus~ee's sale, deed in lieu of foreclosure, or otherwise. 14.2 Mort.qa.qee Not Obli.qated. Nlotwithstanding the provisions of Section 14.1 above, no Mortgagee shalll have any obligation or duty under this Agreement, before or after foreclosure ora deed in'lieu of foreclosure, to' construct or complete the construction of improvements, 0r to guarantee such- Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 10 of 16 construction of improvements, or to guarantee such construction or completion, or to pay, perform or provide any fee, dedication, improvements or other exaction or 'mposition; pr,ovided, however, that a Mo.rtgagee shall not be entitled to devote the Property to any uses or to construct a.n~¥ improvements thereon other than those uses or improvements provided for or authorized by the Project Approvals or by this Agreement. 14.3 Notice of Default to Mortqa.qee and Extension of Riqht to Cure. If CITY receives notice from a Mortgagee requesting a copy of any notice of default given DEVELOPER hereunder and specifying the address for service thereof, then CITY shall deliver to such Mortgagee, concurrently with service thereon to DEVELOPER, any notice given to DEVELOPER with respect to any claim by CITY that DEVELOPER has committed an~ event of.default. Each Mortgagee shall have the right during the same period available to DEVELOPER to cure or remedy, or to commence to cure or remedy, the event of default claimed set forth in the CITY's notice. CITY, through its'City Manager, may extend the thirty-day cure period provided in paragraph 12.2 for not more than an additional sixty (60) days upon request of DEVELOPER or a. Mortgagee. 15. Severabilit¥. The unenforceability, invalidity or il/legality of any provisions, covenant, condition or term of this Agreement sha~l not render the other provisions unenforceable, invalid or illegal. 16. Attorneys' Fees and Cost~. If CITY or DEVELOPER initiates any action at law. or in equity to enforce or interpret the terms and conditions of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs in addition to any other relief to which it may otherwise be entitled.' If any person or entity not a party to this Agreement initiates an action at law or in equity to challenge the validity of any provision of this Agreement or the Project Approvals, the parties shall cooperate in defending such action. DEVELOPER shall bear its own costs of defense as a real party in interest in any such action, and shall reimburse CITY for all reasonable court costs and a. Eorneys' fees expended by CITY in defense of any such action or other proceeding. 17. Transfers and Assiqnments. 17.1 Right to Assign. DEVELOPER may wish to sell, transfer or assign all or portions of its Property to other developers (each such other developer is referred to as a "Transferee"). In connection with any such sale, transfer or assignment to a Transferee, DEVELOPER may sell, transfer or assign to such '-Transferee any or all rights, interests and obligations of DEVELOPER arising hereunder and that pertain to the portion of the Property being sold or Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 11 of 16 transferred, to such Transferee, provided, however, that: no such transfer, sale or assignment of DEVELOPER's rights, interests and obligations hereunder shall - occur without prior written notice to CITY and approval by the City Manager, which approval shall not be unreasonably withheld or delayed. 17.2 Approval and Notice of Sale,. Transfer or Assi.qnment. The City Manager shall consider and decide on any' transfer, sale or assignment within ten (10) days after DEVELOPER's notice, provided all necessary documents, certifications and other information are provided to the City Manager to enable the City Manager to determine whether the proposed Transferee can pedorm the DEVELOPER's obligations hereunder. Notice of any such approved sale, transfer or assignment (which includes a description of all rights, interests and obligations that have been transferred and those which have been retained by DEVELOPER) shall be recorded in the official records of Alameda County, in a form acceptable to the City Manager, co.r~currently with such sale, transfer or assignment. 17.3 Effect of Sale, Transfer orAssi.qnment. DEVELOPER shall be released from any obligations hereunder sold, transferred or assigned to a Transferee pursuant to subparagraph 17.1 of this Agreement, provided that: a) such sale, transfer or assignment has been approved by the City Manager pursuant to subparagraph 17.1 of this Agreement; and b) such obligations are expressly assumed by TranSferee and provided that such Transferee shall be subject to all the provisions hereof and shall provide all necessary documents, certifications and other necessary information prior to City Manager approval pursuant to subparagraphs 17.1 and 17.2 of this Agreement. 17.4 Permitted Transfer. Purchase or Assi.qnment. The sale or other transfer of any interest in the Property to a purchaser ("Purchaser") pursuant to the exercise of any right or remedy under a deed of trust encumbering DEVELOPER'S interest in the Property shall not require City Manager approval pursuant to the provision of paragraph 17.1. Any subsequent transfer, sale or assignment by the Purchaser to a subsequent transferee, purchaser, or assignee shall be subject to the provisions of paragraph 17.1. 17.5 Termination of Aqreement Upon Sale of Individual Lots to Public. Notwithstanding any provisions of this Agreement to the contrary, the burdens of this Agreement shall terminate as to any lot which has been finally subdivided and individually (and not in "bultk") leased (for a period of longer than one year) or sold to the purchaser or user thereof and thereupon and without the execution or recordation of any further document or instrument such lot shall be released from and no longer be subject to or burdened by the provisions of this Agreement; provided, howe.ver, that the benefits of this Agreement shall Continue to run as to any such lot until a building is. constrt~cted on such lot, or until the Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437,1 Page 12 of 16 termination of this Agreement, if earlier, a:t which time this Agreement shall terminate as to such lot. 18. A.qreement Runs with the Land. All of the provisions, rights, terms, covenants, and obligations contained in this Agreement shall be binding upon the parties and their respective heirs, successors and assignees, representatives, lessees, and all other persons acquiring the Property, or any portion thereof, or any interest therein, whether by operation of law or in any manner whatsoever. All of the provisions of this Agreement shall be enforceable as equitable servitude and shall constitute covenants running with the land pursuant, to applicable laws, including, but not limited to, Section 1468 of the Civil Code of the State of California. Each covenant to do, or refrain from doing, some act on the Property hereunder, or with respect to any owned property, (a) is for the benefit of such properties 'and is a burden upon such properties, (b) runs with such properties, and (c) is binding upon each'party and each successive owner during its ownership of such properties or any portion thereof, and shal~ be a benefit to and a burden upon each party and its property hereunder and each other person succeeding to an interest in such properties. 19. Bankruptcy. The obligations of this Agreement shall not be dischargeable in bankruptcy. 20. Indemnification. DEVELOPER agrees to indemnify, defend and hold harmless CITY, and its elected and appointed councils, boards, commissions, officers, agents, employees, and representatives from any and all claims, costs (including legal fees and costs) and liability for any personal injury or property damage which may arise directly or indirectly as a result of any actions or inactions by the DEVELOPER, or any actions or inactions o.f DEVELOPER's contractors, subcontractors, agents, or employees in connection with the construction, improvement, operation, or maintenance of the Project, provided that DEVELOPER shall have no indemnification obligation with respect to negligence or wrongful .conduct of CITY, its contractors, subcontractors, agents or employees or with respect to the maintenance, use or condition of any improvement after the time it has been dedicated to and accepted by the CITY or another public entity (except as provided in an improvement agreement or maintenance bond). Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437,1 Page 13 of 16 21. Insurance. 21.1 Public Liability and Properly Dama.qe Insurance. During the term of this Agreement, DEVELOPER shall maintain in effeCt a policy of comprehensive general liability insurance with a per-occurrence combined single limit of not less than one million dollars ($1,000,000.00) with a Twenty Five Thousand Dollar ($25,000) self insurance retention per claim. The policy so maintained by DEVELOPER shall name the CITY as an additional insured and shall include either a severability of interest clause or cross-liability endorsement. 21.2 Workers Compensation Insurance. During the term of this Agreement DEVELOPER shall maintain Worker's Compensation insurance for all persons employed by DEVELOPER for work at the Project site. DEVELOPER shall require each contractor and subcontractor similarly to provide Worker's Compensation insurance for its' respective employees. DEVELOPER agrees to indemnify the City for any damage resulting from DEVELOPER's failure to maintain any such insurance. 21.3 .Evidence of Insurance. Prior to City Council approval of this Agreement, DEVELOPER shall furnish CITY satisfactory evidence of the insurance required in Sections 21.1 and 21.2 and evidence that the carrier is required to give the CITY at least fifteen days prior written notice of the cancellation or reduction in coverage of a policy. The insurance shall extend to the CITY, its elective and appointive boards, commissions, officers, agents, employees and representatives and to DEVELOPER performing work on the Project. 22. Sewer and Water. DEVELOPER acknowledges that it must obtain water and sewer permits from the Dublin San Ramon Services Disrtrict ("DSRSD") which is another public agency not within the control of CITY. 23. Notices. All notices required or provided for under this Agreement shall be in writing. Notices required to be given to CITY shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dublin, CA 94568 FAX No. (925) 833-6651 Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437.1 Page 14 of 16 Notices required to be given to DEVELOPER shall be addressed as follows: Toll CA Ii, LP A party may change address, by giving notice in writing to the other party and thereafter all notices shall be addresSed and transmitted to the new address. Notices shall be deemed given and received upon personal delivery, or if mailed, upon the expiration of 48 hours after being deposited in the United States Mail. Notices may also be given by' overnight courier which shall be deemed given the follOwing day or by facsiimile transmission which shall be deemed given upon verification of receipt. 24. A.qreement is Entire Understandincl. This Agreement cOnstitutes the entire understanding and agreement of the parties. 25. Exhibits. The following documents are referred to in this Agreement and are attached hereto and incorporated hereir~ es though set forth in full: Exhibit A L'egal Description of Property Exhibit B Additional Condlitions 26. Counterparts. This Agreement is executed in two (12) duplicate originals, each of which is deemed to be an original. 27. Recordation. CITY shall record a copy of.this Agreement within ten days following execution by all parties. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date and year first above written. Dublin/Toll Development. Agreement For Dublin Ranch Area A / A-2 657437,1 Page 15 of 16 CITY OF DUBLIN: By: Mayor ATTEST: Date: By: City Clerk APPROVED AS TO FORM: Date: City Attorney TOLL CA II, LP a California limited partnership By: ~A),, Print Its: General Partner Date: (N OTAR IZATION A-I-FAC H ED) Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 657437,1 Page 16 of 16 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California me, Name and ~tle of Officer (e.g., "Jane Doe, Nota~ Public'~ E~ersonally known to me [] proved to me on the basis of satisfactory evidence to be the person 4 whose name¢> is/ 4 subscribed to the within instrument and acknowledged to me that he/slT~/th/~y executed the same in his/hi'r/their authorized capacity(i~s), and that by his/ICr/t.17'eir signature(,~/) on the instrument the person(~, or the entity upon behalf of which the person~') acted, executed the instrument. C~j Signature o~ Notary Public OPTIONAL Though the information below is not required by law. it may prove valuable t~ persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Document Date: ~E~',.. Z ~ '""' (~-~% Numberer Pages: Signer(s) Other Than Named Above: Capacity(les) Claimed by Signer Signer's Name: [] Individual [] Corporate Officer -- Title(s): [] Partner-- [] Limited [] General [] Attorney-in-Fact [] Trustee [] Guardian or Conservator [] Other: Signer is Representing: ) 1999 National Notary Association · 9350 De Soto Ave.. P.O. Box 2402 · Chatswodh, CA 91313-2402 ° www. nationalnotary.org Prod. No. 5907 Reorder: Call Toll-Free 1.800-876-6827 ~ EXHIBIT A LEGAL DESCRIPTION Neighborhood A-2 Dublin, California Parcel A of Tract 7253 as flied in Book 263 of Maps, at pages 73-78 in the Alameda County Records DubIin/Toll Development Agreement For Dublin Ranch Area A/A-2 - Exhibit A Page 1 of 1 EXHIBIIT B Additional Conditions The following Additional Conditions are hereby imposed pursuant to Paragraph 5.3 above: Subpara.qraph 5.3:,! -- Subsequent Discretionary Approvals None. Subpara.qraph 5.3.2 -- Mitiqation Conditior~s Subsection a. Infrastructure Sequencinq Program The Infrastructure Sequencing Program for the Project is set forth below. (i) Roads: The project-specific roadway improvements (and offers of dedication) identified in Resolution Nos. 00~-38 and 02-10 of the City of Dublin Planning Commission approving the Vesting Tentative Map for Neighborhood A-2 (Tract 7137) (hereafter "TM ReSolution"), and those described below shall be completed by DEVELOPER to the satisfaction of the Public Works Director at the times and in the manner specified in the TM Resolution unless otherwise provided below. All such roadway improvements shall be constructed to the satisfactio_n and requirements of CITY's Public Works Director. -- Condition 23 [Offsite] Improvement of Fallon Road between Siqnal Hill Drive and Antone Way Condition 23 reads as follows: [Offsite]lmprovement of, Fallon Road between Signal Hill Drive and Antone Way. /f not previous/y constructed by Lin Property, then Applicant/Developer shall improve Fa/ion Road between Signal Hi//Drive and Antone Way Road as specified in the traffic study prepared by TJKM dated May 22, 2000 and as specified by the Director of Pubfic Works. Developer shall receive TIF credit. When completed: When, deemed necessary by the Development Agreement The improvements required by Condition 23 shall be completed prior to the first certificate of occupancy in Neighborhood A-2. -- Condition 26 [Offsite] T.I.F. Imcrovement of Fallon Road. Dublin/Toll Development Agreement For Dublin Ranch Area A t A-2 - EXHIBIT B 655146,2 Page 1 of 12 Condition 26 reads as follows: [Offsite] T. LF. Improvement of Falion Road. Appficant/Developer shatl improve, Fallon Road and construct four travel lanes (2 northbound and 2 southbound) median landscaping and landscaping along' project frontage from future intersection of Anton Way to the north curb return of Golf Course Maintenance Drive in accordance with, the precise plans approved on pages 26, 27 and 28 of the "Supplemental Information" of the SDR/VTM book prepared by MacKay a,r~d Somps dated December I999 and revised June 2000 and to the satisfaction of the Director of Public Works. The goal of the overal~ improvement plan is to construct all TIF improvements needed for' capacity and access to Dublin Ranch Area A while maximizi[~.g conformance to the ultimate improvements and minimizing interim, "throw-away" improvements. The Director of Public WOrks shall review and approve all street geometrics of the interim' improvements. Applicant/Developer shall be responsible for constructing and/or funding improvements as allocated under the terms' of an agreement among the above parties for improvement of the road. Applicant/Developer shall receive TIF credit for att T~F improvements constructed in the ultimate alignment. Appficant/Developer shatl be responsible for the construction of the offsite TIF improvements' conditioned under Tract No. 7 ~ 35. When completed: As specified in Development Agreement or when deemed necessary by the Director of Public Works The improvements required by Condition 26 shall be completed prior to the issuance of the first certificate of occupancy in Neighborhood A-2. -- Conditions 25 and 33 Private Recreation Facility Condition 25 is delete~l i~n its entirety: A 4, ~nd ,4 5). Dublin/Toll Development Agreement Page 2 of 12 For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 Condition 33 is amended to read as follows: Private Recreation F~ci~ity. If not previously dedicated and completed with the first building permit of the second subdivision (A-2, A-3, A-4 or A-5) Applicant/Developer shall dedicate .to the Communitv Homeowners Association and complete the Private Recreation Facility within Parcel C- 1 of Tract No. 7~ 35 to the satisfaction of the Director of Public Works. When completed: As Specified in the Development Agreement The improvements required by Condition 33 shall be completed and dedicated prior to the issuance of any building permits in Neighborhoods A-2 and A-3. Applicant/Developer will not be issued any building permits in Neighborhoodls A-2 and A-3 until such time as the improvements required by Condition 33 have been dedicated and completed, -- Condition 50 Golf Course Improvements: Condition 50 reads as follows: Goff Course Improver~ents. If Applicant/Developer constructs the Goff Course (Parcel "G:.3*" of Tract No. 7 ~ 35), it shall be designed and constructed in accordance with the Golf Course standards as contained in the Applicator/Developer's SDR submittal package dated June 2000 and the City of Dublin's Development Standards. The design of the Golf'Course shall be approved by the City of Dublin Director of Com.m.u'nity Development and Director of Public Works. When completed: As specified in the Development Agreement The improvements required by Condition 50 shall be completed as follows: The first nine holes of the golf course-shall be graded and planting started prior to issuance, ora building permit for the 312th unit in Area A, and the second nine holes shall be graded and planted prior to the issuance of the 500th unit in A~ea A. -- Condition 55 Open Space Ma.naqement Proqram: Condition 55 reads as.follows: Open Space Management Program. An Open Space Management Program shall'be submitted for approval by the Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 Page 3 of 12 Community Developme,~'t' DepartmenL The Management Program for Open Space areas shall be in addition to the Fire Buffer Zone and shaft address no×io,us weed control and fire control. Standards to ensure the healthy establishment and survival of afl Open Space plantings shaft be designated in the Open Space Management Program and shall be subject to review and approval by the City at Applicant/Developer's expense. The program shaft include provisions for mowing and removal of cut plant materials, debris, and other miscellaneous trash items. The requirements of this program shaft be included in the Community Homeowners Association CC&IR's and shall be subject to review and approval by the Community Development Director and Public Works Director. Any necessary restoraE'on of Open Space plantings shaft be the responsibility of the Community Homeowners Association, and shaft be completed according to the time frame contained within the Management Program. I'~ the Open Space plantings are not maintained according to the standards established by the Management Program, the City will have the right, but not the obligation, to take corrective measures and to bill the Community Homeowners Association for the cost of such maintenance and corrective measures p~us. the City overhead costs. When Completed: Program approved prior to Approval of Final Map/CC&R's submitted prior to Recordation of Final Map and approved prior to Occup.a.ncy of Any Residential Unit. The CC&Rs shall be recorded prior to issuance of the first Certificate of Occupancy in Neighborhood A-2. DEVELOPER agrees not to close escrow with any purchaser of an individual lot until the CC&Rs are recorded. All other provisions of Condition 55 remain unchanged. -- Condition 62 rOffsite] Traffic Signals,: Condition 62 reads as follows: [Offsite]Traffic Sign=~$., If not constructed by previous developer, Applicant/Developer is responsible for the traffic signal design and instaflation of conduit for the future signalization at the following intersections to the satisfaction of the Director of Public Works: Kingsmilt Terrace and Fallon Road. Antone Way' and Fallon Road The signal improvemen'ts, shaft accommodate conversion to serve an ultimate three and four-legged intersections to the extent possible, minimizing rep/acement or relocation of improvements. Dublin/Toll Development Agreement Page 4 of 12 For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 The cost of the conduit shall be the responsibility of Applicant/Developer, w~th no TIF credits given for intersections listed above. Applicant/Developer sha~7 be responsible for constructing and/or funding afl interim improvements as determined by the Director of Public Works. In the event that a improvement agreement for the installation of the ultimate traffic signals fails to be reached, Applicant/Developer shall be responsible for the installation of the future traffic signals. When Required: As specified in the Development Agreement or when deemed necessaw by the Director of Public Works The imprOvements required by Condition 62 shall be completed prior to the issuance of the first certificate of occupancy in Neighborhood A-2. Notwithstanding the provisions of Section 4 of this Agreement, Condition 62 shall survive termination of this Agreement. -Condition 91 [Dublin Boulevard~Dou.qherty Road Intersection Improvements]: Condition 91 reads ss follows: Dublin Boulevard/Do~r~herty Road Intersection ImprovemenL The Applicant/Developer s hall be responsible for the project fair share contribution towards the City Capital improvements project for the following improvements to the Dublin Blvd. and Dougherty Road intersection: a. Eastbound Dublin Boulevard, exclusive right- turn lane fo Southbound Dougherty Road. b. Northbound Dougherty Road, exclusive right- turn lane fo eastbound Dublin Boulevard. c. Westbound Dublin Boulevard restriped to provide a.r~ additional left turn lane to southbound Dougherty Road. d. Modifications to the Traffic Signal. This is a category 2 T~F improvement. In the event that the City has a shortfafl of category 2 funds available to complete the above fist of improvements, the Developer shall contribute the re~]aining balance of the funds needed to complete the specified improvements to the satisfaction Du blin/Toll Development Agreement For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 Page 5 of 12 of the Director of Public. Works. To the extent practical, the notice shall be timed so that the work shall be completed immediately prior to the point where the Level of Service E occurs. These funds wi~t be based on the percent of trip contribution to the intersection defined and approved by the Director of Public Works. This intersection improvement is a TtF improvement. Therefore costs spent may be credited against the payment of traffic impact fees in accordance with City TtF Guidelines. When required: When determined by Director of Public Works. DEVELOPER shall provide CITY with DEVELOPER's fair share, as determined by CITY on the basis of the Project's trips, for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements by a payment to CITY in cash in the amount of the Project's fair share of the deficiency, if any, between funds.available to CITY for CIP Project # 96852 EDougherty Road/Dublin Blvd. Intersection] and the cost of such project. Such payment to be made within 30 days of written notice from the Public Works Director'to be given following bid opening. Notwithstanding the provisions of Section 4 of'this Agreement, Condition 91 shall survive termination of this Agreement. --Condition 92 [Gleason Drivel:; Condition 92 reads as follows: Gleason Drive. Prior to issuance of a certificate of occupancy for the 42'1st unit in Area A.. Developer / Appficant shaft construct either 2 lanes of Gleason Drive, from Tassajara Road to Faflon Road in accordance with approved precise alignment prepared by MacKay and Somps dated Augu's$' 1999 or as defined by the Director of Public Works or the extension of Dublin Blvd, from Dublin Ranch Area G to Fallon Road or as defined by the Director of PubfiC Works. The Developer shaft be responsible for the installation of the new traffic signal at the intersection of Fallon road and Gleason Drive. With the extension of Dublin BouleVard to Fallon Road, Developer shaft be responsible for the traffic signal required by Condition 99 of Tentative Tract Map 7¢35.. Condition 99 of Tentative Tract Map 7135 states: "Appficant/Developer shall construct Fallon Road Interchange signals at eastbound and westbound off ramps of 1-580 Dublin/Toll Development.Agreement Page 6 of 12 For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 and Fallon Road as approved by Caltrans and the Director of Pubfic Works". If Developer constructs' Gleason Drive through to Faflon Road, Developer shall complete Fallon Road in its ultimate state from existing Antone Way to Gleason Road and transition Fallon Road from Gleason Road south to Bent Tree Drive as approved by the Director of Public Works. Developer agrees not to close escrow on and the City will not issue certificates of occupancy for more than 420 units in Area A prior to the completion of the improvements, required by Condition 92. Notwithstanding the provisions of Section 4 of this Agreement, the requirements of Condition 92 shall survive termination of this Agreement and shall be deemed satisfied~ when DEVELOPER enters into an improvement agreement and pFovides security for improvements that satisfy this condition. --Fallon Road Community Park Frontaqe Improvements City is a party to an agreement with DR Acquisitions I, LLC entitled "Improvement Agreement and Ri,ght of Entry for Falion Road Improvements to Satisfy Certain Conditions of Approval of Vesting Master Tentative Map 7135" ("the Imgrovement Agreement"). The Improvement Agreement was recorded against the Property on April 22, 2002. The Improvement Agreement provides generally that DR Acquisitions I,-LLC ("Owner"), the predecessor in in[erest to Toll CA II, LLP, will perform certain improvements that were conditions of the master tentative parcel map that created the Property, among other parcels. The improvements are generally described as the Fallon ROad Community Park Frontage improvements. The Improvem~er~t Agreement requires Owner to either complete or provide security for the completion of the improvements prior to the approval of last final map to record among tentative maps 7137, 7138, 7139, and 7140 (respectively Neighborhoods A-2, A-3, A-4, and A- 5). However, the Owner's ob,lligation to complete the improvements are autOmatically tolled, if the City has not yet adopted a right-of-way line showing the final location of the improvements, in addition, if the Owner's construction obligation is tolled,, the agreement allows the City Manager to waive the requirement to provide security for the completion of the improvements until the Owner is notified by the City of its adoption of the right-of-way line. The Improvement Agreement further provides (and places future purchasers of the property on notice) that that failure of Owner to satisfy the above-noted obligation may be cause for the City Council to refuse to approve the. last of the final maps for tracts 7137, 7138, 7139 or 7140 and/or buitding permits for construction on the Dublin/Toll Development Agreement- Page 7 of 12 For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 property covered by such tentatiYe maps. In pursuance of these agreements, Owner agreed that it would not assert the provisions of Government Code Section 66458 to require the City Council to approve a final map for the last of Tracts 7137, 71381 7139 or 7140 until the above obligations are satisfied. Owner also agreed to require any future purchaser of the Property to similarly agree in writing. The City has not yet adopted a right-of-way line showing the final location of the improvements. Therefore, the Owner's obligation to complete the improvements is tollled until such time as the right-of-way line is adopted. In addition, the City Manager, pursuant to the Improvement Agreement, has consented to Owner providing security after the right-of- way line is adopted. In furtherance of the terms of the Improvement Agreement, Developer agrees that, in the event that a right-of-way line is adopted by the City prior to recordation of a final map for the last to record of Tracts 7137, 7138, 7139 or 7140, it will not assert the provisions of Government Code section 66458 to require the City to approve a final map for the last to record of T'racts 7137, 7138, 7139 or 7140 until the Owner's obligation to complete or provide security for the completion of the improvements under the Improvement Agreement is satisfied. --Fallon Road North Improvements City is a party to an agreement with DR Acquisitions, LLC entitled "Improvement Agreement Failon Road" ("the Fallon Road North Agreement"). The Fallon Road North Agreement was recorded against the Property on February 14, 2001. The Fallon Road North Agreement provides generally that DR Acquiisitions, LLC ("Owner"), the predecessor in interest to Toll CA II, LLP, wB perform certain improvements that were conditions of approval for devellopment of the Property, among other parcels. The improvements are generally described as the extension of Fallon Road from the northern boundary of Area A across Owner's property north of Area A. The Fallon Road North Agreement requires Owner, prior to the apprOval of' last final map to record among tentative maps' 7137, 7138, 7139, and 7'1140 (respectively Neighborhoods A-2, A-3, A-4, and A-5), (a) to submit to. the City an irrevocable offer to dedicate sufficient real property to ena. ble construction of the improvements in a location acceptable to the appliicable regulatory agencies; (b) to submit plans and specifications for the improvements in a location and form acceptable to the City Engineer;: and (c) to either complete or provide security for the completion of the improvements. The agreement further provides (and places future purchasers of the Property on notice) that that failure of Owner to satisfy the. above-noted obligations may be cause for the City Council to refuse to approve the last of the final maps for tracts 7137, 7138, 7139 or 7140 and/or' building permits for construction on the property covered by such tentatiive maps. In pursuance of these Dublin/Toll Development Agreement Page 8 of 12 For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 agreements, Owner agreed that it would not assert the provisions of Government Code Section 66458 to require the City Council to approve a final map for the last to record of Tracts 7137, 7138, 7139 or 7140 until the above obligations are satisfied. Owner also agreed to require any future purchaser of the Property to similarly agree in writing. In furtherance of the terms of the' Fallon Road North Agreement, Developer agrees that it will not assert the provisions of Government Code section 66458 to require the City to approve a final map for the last of Tracts 7137, 7138 7139 or 7140 until the obligation to complete or provide security for the completion of the Fallon Road North improvements under the Improvement Agreement is satisfied. (ii) Sewer. All sanitary sewer improvements to serve the project site (or any recorded phase of the Project) shall be completed in accordance with DSRSD requirements. (iii) Water An all weather roadway and an approved hydrant and water supply system shall be available and in service at the site in accordance with the tentative map conditions of approval to the satisfaction and requirements of the CITY's fire department. All potable water system components to serve the project site shall be completed in accordance with the DSRSD requirements. Recycled water lines shall be installed in accordance with the tentative map conditions of approval. (iv) Storm Drainage The storm drainage systems off site, as well as on site drainage systems to the areas to be occupied, shall be iimproved consistent with the Dr;ainage Plan and tentative map conditions of approva~ and to the satisfaction and requirements of the Dublin Public Works Department apCying CITY's and Zone 7 (Alameda County Flood Control and Water Conservation District, Zone 7) standards and policies which are in force and effect at the time of issuance of the permit for the proposed improvements. The site shall also be protected from storm flow from off site and shall have erosion control measures in place to protect downstream facilities and properties from erosion and unclean storm water consistent with the Drainage Plan. As used herein, "Drainage Plan" shall refer to the updated master drainage plan for Dublin Ranch referenced in Condition 40 of Planning Commission Resolution 00-36. If determined to be necessary by CITY, DEVELOPER agrees to participate in a drainage benefit district o¢ such other mechanism as may be established Dublin/Toll Develop)merit Agreement For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 Page 9 of'12 by CITY in the future to reimburse other developers for oversizing drainage facilities that benefit the Property. (v) Other Utilities (e,.q. gas,. electricity, cable televisions, telephone) Construction shall be completed by phase prior to issuance of the first Certificate of Occupancy for any building within that specific phase of occupancy. Subsection b. Miscellaneous (i) Completion May Be Deferred. Notwithstanding the foregoing, CITY's Public Works Director may, in his or her sole discretion and upon receipt of documentation n a form satisfactory to the Public Works Director that assures completion, allow DEVELOPER to defer completion of discrete portions of any public improvements for the Project if the Public Works Director determines that to do so would not jeopardize the public health, safety or welfare. Subparagraph 5.3.3 -- Phasinq, Timing This Agreement contains no requirements that DEVELOPER must initiate or complete development of the Project within any period of time set by CITY. It is the intention of this provision that DEVELOPER be able to develop the Property in accordance with its own time schedules and the Project Approvals. Subparagraph 5.3.4-- Financinq Plan DEVELOPER will install all improvements necessary for the Project at its own cost (subject to credits for any improvements which qualify for credits as provided in Subparagraph 5.3.6 below). Other infrastructure necessary to pro,vide sewer, potable water, and recycled water services to the Project will be made available by the Dublin San Ramon Services District. DEVELOPER will enter into an "Area Wide Facilities Agreement" with the Dublin San Ramon Services District to pay for the cost of extending such services to the Project. Such services shall be provided as. set forth in Subparagraph 5.3.2(a)(ii) and (iii) above. Subpara,qraph 5.3.5 -- Fees, Dedications Subsection a. Traffic Impact Fees. DEVELOPER shall pay the Eastern Dublin Traffic Impact Fee ("TIF") established by Resolution No. 225-99, includiin~g any future amendments to such fee. Dublin/Toll Development Agreement Page 10 of t2 For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 DEVELOPER will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. DEVELOPER further agrees that it will pay a minimum of three percent (3%) of the "Section 1/Category 1" portion of the TIF in cash. DEVELOPER also agrees tha~ ~t will pay 12.4% of the "Section 2/Category 2" portion of the TIF in cash. If CITY amends fr[s TIF fee and as a result the CITY's outstanding balance due on loans is less than 12.4% of total Section 2/Category 2 improvements, the DEVELOPER shall pay such reduced percentage of the "Section 2/Category 2" portion of-the TIF in cash. Subsection b. Traffic Impact Fee to Reimburse Pleasanton for Freeway lnterchanqes. DEVELOPER shall pay the Eastern Dublin 1-580 Interchange Fee established by City of Dublin Resolution No. 11-96 as amended by Resolution No. 155- 98 and by any subsequent resolution which revises such Fee. DEVELOPER will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Subsection c. Public Facilities Fees. DEVELOPER shall pay a Publlic Facilities Fee established by City of Dublin Resolution No. 214-02, including any future amendments to such fee. DEVELOPER will pay such fees no later than the time of issuance of building permits and in the then-current amount of the fee. DEVELOPER may use the credits for payment of the Community Park Land portion of the Public Facilities Fee granted to the Lin Family by the Master Development Agreement in accordance with City's Public Facilities Fee Guidelines (Resolution 195-99,).. Subsection d. Noise Miti.qation~ Fee. DEVELOPER shall pay a Noise Mitigation Fee established by City of Dublin Resolution No. 33-96, including any future amendments to such fee. DEVELOPER will pay such fees no later than the time of. issuance of building permits and in the amount of the fee in effect at time. of building permit issuance. Subsection e. School Impact Fees. School impact fees shall be pa. id by DEVELOPER in accordance with Government Code section 53080 and the agreement between DEVELOPER's predecessor in interest and the Dublin Unified School District regarding payment of mitigation fees. Subsection f. Fire Impact Fees., Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 Page 11 of 12 DEVELOPER shall pay a fire facilities fee established by City of Dublin Resolution No. 12-03 including any future amenaments to such fee. DEVELOPER will pay such fees no later than the time of issuar~ce of building permits and in the amount of the fee in effect at time of building permit issuance. Subsection .Cl. Tri-Valley Transportation Development Impact Fee. DEVELOPER shall pay the Trii-Valley Transportation Development Fee in the amount and at the times set forth in City of Dublin Resolution No. 89-98 or any subsequent resolution which revises such fee. DEVELOPER will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Subparagraph 5.3.6 -- Credit Subsection a. Traffic Impact Fee Improvements -- Credit CITY shall provide a credit to DEVELOPER for those improvements described in the resolution establishing the. Eastern Dublin Traffic Impact Fee if such improvements are constructed by the DEVELOPER in their ultimate location. All aspects of the credit shall be covered by CIFFY's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 ("TIF Guidelines"). Subsection b. Traffic Impact Fee Right-of-Way Dedications -- Credit CITY shall provide a credit to DEVELOPER for any TIF area right-of-way to be dedicated by DEVELOPER to CITY whiich is required for improvements which are described in the resolution establishing the, Eastern Dublin Traffic Impact Fee. All aspects of the credits shall be governed by the TIF Guidelines. Subparagraph 5.3.6 -- Miscellaneous Subsection a. lnclusionary Zo~inq Ordinance The PrOject shall be subject to the Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68) as in effect on, July 25, 2000 (the date of approval of Resolution 00-38). The DEVELOPER shalll pay fees in lieu of constructing inclusionary units. The in lieu fees shall be paid at issuance of building permits in accordance with Resolution No. 131-01 of the City Council and the affordable housing agreement to be entered into between DEVELOPER and C~TY'. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-2 - EXHIBIT B 655146.2 Page 12 of 12 City of Dublin When Recorded Mail To: City Clerk. City of Dublin 100 Civic Plaza Dublin, CA 94568 Space above this tiine for Recorder's Use DEVELOPMENT AGREEMENT BETWEEN THE CITY OF DUBLIN AND TOLL CA II, L.P. FOR AREA A-3 OF DUBLIN RANCH AREA A EXHIBIT THIS DEVELOPMENT AGREEMENT is made and entered in the City of Dublin on this day of . , 2003,, by and between the CITY OF DUBLIN, a Municipal Corporation (hereafter "City"), and Toll CA 11, L.P. a California limited partnership (hereafter collectively "Develloper"), pursuant to the authority of §§ 65864 et seq. of the California Government Code and Dublin Municipal Code, Chapter 8.56. RECIITALS A. California Government Code. §§ 65864 et seq. and Chapter 8.56 of the Dublin Municipal Code (hereafter "Chapter 8.56") authorize the CITY to enter into an Agreement for the development of real property with any person having a legal or equitable interest in Such property lin order to establish certain development rights in such property; and B. The City Council adopted the Eastern Dublin Specific Plan by Resolution No. 53-93 which Plan is app, llicable to the Property; and C: DEVELOPER desires to develop and holds legal interest in certain real property consisting of approximately 15.0 acres of land, located in the City of Dublin, County of Alameda, State of Cailifornia, which is designated as Parcel A-3 on the Master Tentative Map for Tract 71135 and is more particularly described in Exhibit A attached hereto and incorporated herein by this reference, and which real property is hereafter called the "Property"; and D. DEVELOPER acquired its interest in the Property from DR Acquisitions l, LLC, which acquired its interest in the Property from Chang Su-O- Lin, Hong Lien Lin and Hong Yao Lin (the. "Lins"); and E. The Lins and CITY are parties to a "Master Development Agreement Between the City of Dublin and The Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G and H) ("Master Development Agreement")", section 7 of which requires DEVELOPER to enter into this development agreement; provided however, this Agreement shall not impair any developer's rights under the Master DA; and F. The Eastern Dublin Specific Plan also requires DEVELOPER to enter into this development agreement; provided however, this Agreement shall not impair any developer's rights under the Master DA; and G. DEVELOPER proposes the development of the Property with 84 single family detached homes (the "Project.'); and H. DEVELOPER has applied for, and CITY has approved or is processing, various land use approvals in~ connection with the development of the PrOject, including an amendment to the General Plan and Eastern Dublin Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 609113,4 Page 2 of 16 Specific Plan (City Council Re~,olution No.. 53-98), PD District rezoning (City Council Ordinance No. 23-97), general provisions for the PD Dist¢ict rezoning including the Development Plan (City Cour~cil Resolution No. 139-97), Master Vesting Tentative Map for Tract 7135 (Planning Commission Resolution No. 00- 36), Vesting Tentative Map for Tract 7138 (Neighborhood A-3) (Planning Commission Resolution 00-39; Planning Commission Resolution 02-11 Eamending conditions of approval of Vesting Tentative Map for Tract 7138]), and site development review (Planning Commission Resolution No. (collectively, together with any approvalls or permits now or hereafter issued with respect to the Project; the "Project Approvals"); and I. Development of the Property' by DEVELOPER may be subject to certain future discretionary approvals, which, if granted, shall automatically become part of the Project Approvals as each such approval becomes effective; and J. CITY desires the timely, efficient, orderly and proper development of said Project; and K. The City Council has found that, among other things, this Development Agreement is consistent vc'ith its General Plan and the Eastern Dublin Specific Plan and has been reviewed and evaluated in accordance with Chapter 8.56; and L. CITY and DEVELOPER have reached agreement and desire to express herein a Development Agreement that will facilitate development of the Project subject to conditions set forth herein; and M. Pursuant to the California Environmental Quality Act (CEQA) the Planning Commission adopted Resolution Nos. 00-36 and 00-38 finding that the Project is within the scope of the Final Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was.certified by the Council by Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22, 1994. (the "EIR"); and N. On , the City Counciil of the City of Dublin adopted Ordinance No. approving this Development Agreement. The ordinance took effect on NOW, THEREFORE, with reference, to the foregoing recitals and in consideration of the mutual promises, obligations and covenants herein contained, CITY and DEVELOPER agree as follows: Dublin/Toll Development Agreement For Dublin Ranch Area A I A-3 609113.4 Page 3 of 16 AGREEMENT 1. Description of Property,. The Property which is the subject of this Development Agreement is described in Exhibit A attached hereto ("Property"). 2. Interest of Develope~. The DEVELOPER has a legal or' equitable interest in the Property in that it owns the Property in fee simple. 3. Relationship of City and Developer. It is understood that this Agreement. '~s a contract that has been negotiated and voluntarily entered into by CITY and DEVELOPER and that the DEVELOPER is not an agent of CITY. The CITY and DEVELOPER hereby renounce the existence of any form of joint venture or partnership between them, and agree that nothing contained herein or in any document executed in connection herewith shall be construed as making the CITY and DEVELOPER joint venturers or partners. 4. Effective Date and Term. 4.1 Effective Date. The effective date of this Agreement shall be the date upon which this Agreement is signed by City. 4.2 Term. The term of this Development Agreement shall commence on the effective date and extend five (5) years thereafter, unless said term is otherwise terminated or modified by circumstances set forth in this Agreement. 5. Use of the Property. 5.1 Ri.qht to Develop. Developer shall have the vested right to develop the Project on the Property in accordance, with the terms and conditions of this Agreement, the Project Approvals (as and when issued), and any amendments to any of them as shall, from time to time., be approved pursuant to this Agreement. 5.2 Permitted Uses. The perm~itted uses of the Property, the density and intensity of use, the maximum height,, bulk and size of proposed buildings, provisions for reservation or dedication of land for public purposes and location and maintenance of on-site and off-site improvements, location of public utilities (operated by CITY) and other terms and conditions of development applicable to the Property, shall be those set forth in this Agreement, the Project Approvals and any amendments to this Agreement o.r the Project Approvals. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 6O9113.4 Page 4 of 16 5.3 Additional Conditions. Provisions for the following ("Additional Conditions") are set forth in Exhibit B attached hereto and incorporated herein by reference. 5.3.1 Subsequent Discretionary Approvals. Conditions, terms, restrictions, and requirements for subsequent discretionary actions. (These conditions do not affect Developer's responsibility to obtain all other land use approvals required b.y the ordinances of the City of Dublin other approvals from regulatory agencies.) Not ApplIicable 5.3.2 Miti.qation Conditions. Additional or modified conditions agreed upon by the parties in order to eliminate or mitigate adverse environmental impacts of the Project or otherwl.se relating to development of the Project. See Exhibit B 5.3.3 Phasin.q, Timin.q. Provisions that the Project be constructed in specified phases, that construction shall commence within a specified time, and that the Project or any phase thereof be completed within a specified time. See E~hibit B 5.3.4 Financinq Plan. Financial plans which identify necessary capital improvements such as streets and utilities and sources of funding. See E~hibit B 5.3.5 Fees, Dedications. Terms relating to payment of fees or dedication of property. See E~hibit B 5.3.6 Reimbursement. Terms relating to subsequent reimbursement over time for financing of necessary public'facilities.. See E~hibit B 5.3.7 Miscellaneous. Miscellaneous terms. See Exhibit B 6. Applicable Rules, Re.qulations and Official Policies. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 6091 t3.4 Page 5 of 1 6 6.1 Rules re Permitted Uses. For the term of this Agreement, the City's ordinances, resolutions, rules, regulations and official policies governing the permitted uses of the Property, governin9 density and intensity of use of the Property and the maximum height, bulk and size of proposed buildings shall be those in force and effect on the effective date of tlqe Master Development Agreement. 6.2 Rules re Desiqn and Construction. Unless otherwise expressly provided in Paragraph 5 of this Agreem~ent., the ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to the Project shall be those in force and effect at the time of the applicable discretionary Project Approval. Ordinances, resolutions, rules, regulations and officia~ prOlicies governing design, improvement and construction standards and specifications applicable to public improvements to be constructed by Developer shall be. those in force and effect at tr~e time of the applicable permit approval. 6.3 Uniform Codes Applicable. Unless expressly provided in Paragraph 5 of this Agreement, the Project shall be constructed in accordance with the provisions of the Uniform Building, Mechanical, Plumbing, Electrical and Fire Codes and Title 24 of the California Code of RegUlations, relating to Building Standards, in effect at the time of appro.val of the appropriate building, grading, or other construction permits for the Project. 7. Subsequently Enacted Rules and Re,qulations. 7.1 New Rules and Requlations. During the term of this Agreement, the City may apply new or modified ordinances, resolutions, rules, regulations and official policies of the City to the Property which were not in force and effect on the.effective date of this Agreement an~d[ which are not in conflict with those applicable to the Property as set forth in this Agreement if: (a) the application of such new or modified ordinances, resolutions, rules, regulations or official policies would not prevent, impose a substantial financial burden on, or materially delay development of the Property as contemplated by this Agreement and the Project Approvals and (b) if such ordinances, resolutions, rules, regulations or official policies have general applicability'.. 7.2 Approval of Application. Nothing in this Agreement shall prevent the CITY from denying or conditionally approving any subsequent land use permit or authorization for the Project on the basis of such new or modified ordinances, resolutions, rules, regulations and policies except that such subsequent actions shall be subject to any' conditions, terms, restrictions, and requirements expressly set forth herein. 7.3 Moratorium Not Applicable. Notwithstanding anything to the contrary contained herein, in the event an ordinance, resolution or other measure Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 609113.4 · Page 6 of 1 6 is enacted, whether by action of CITY,~by in'itiative, referendum, or otherwise, that imposes a 'building moratorium, a limit, on the rate of development or a voter- approval requirement which affects the Project on all or any part of the Property, CITY agrees that such ordinance, resolution or other measure shall not apply to the Project, the Property, this Agreement or the Project Approvals unless the building moratorium is imposed as part of a declaration of a local emergency or state of emergency as defined in Government Code § 8558. 8. Subsequently Enacted or Revised Fees, Assessments and Taxes. 8.1 Fees, Exactions, Dedications. CITY and DEVELOPER agree that the fees payable and exactions required in connection with the development of the Project for purposes of mitigating environmental and other impacts of the Project, providing infrastructure for the Project and complying with the Specific Plan shall be those set forth in the Project Approvals and in this Agreement (including Exhibit B). Th,e CITY shall not. impose or require payment of any other fees, dedications of [and, or construction of any public improvement or facilities, shall not increase or accelerate existing fees, dedications of land or construction of public improvements, or impose other exactions in connection with any subsequent discretionary approval for the Property, except as set forth in the Project Approvals and this Agreement (inclUding Exhibit B, subparagraph 5.3.5). 8.2 Revised Application Fees. Any existing application, processing and inspection fees that are revised during the term of this Agreement shall apply to the Project provided that (1) such fees have general applicabilitY; (2) the application of such fees to the Property is. prospective; and (3) the application of such fees would not prevent development in accordance with this Agreement. 8.3 New Taxes. Any subsequently enacted city-Wide taxes shall apply to the Project provided that: (1) the application of such taxes to the Property is prospective; and (2) the application of such taxes would not prevent development in accordance with this Agreement. 8.4 Assessments. Nothing herein shall be construed to relieve the Property from assessments levied agair~st it by City pursuant to any statutory procedure for the assessment of property to pay for infrastructure and/or Services which benefit the Property. 8.5 Vote on Future Assessme.r~ts and Fees. In the event that any assessment, fee or charge which is app. tlicable to the property is subject to Article XIIID of the Constitution and DEVELOPER does not return its ballot, DEVELOPER agrees, On behalf of itself and its successors, that CITY may count DEVELOPER's ballot as affirmatively voting in favor of Such assessment, fee or charge. .. Dublin/Toll Development Agreement For Dublin Ranch Area A 1 A-3 609113.4 Page 7 of 16 9. Amendment or Cancellation. 9.1 Modification Because of Conflict with State or Federal Laws. In the event that state or federal laws or .regulations enacted after the effective date of this Agreement prevent or preclude compl[iance with one.or more provisions of this Agreement or require changes in plans, maps or permits approved by the City, the parties shall meet and confer in good faith in a reasonable attempt to modify this Agreement to comply with such federal or state law or regulation. Any such amendment or suspension of the Agreement shall be approved by the City Council in accordance with Chapter 8.56. 9.2 Amendment by Mutual Consent. This Agreement may be amended in writing from time to time by mutual consent of the parties hereto and in accordance with the procedures of State law and Chapter 8.56. 9.3 Insubstantial Amendments.. Notwithstanding the provisions of the preceding paragraph 9.2, any amendments to this Agreement which do not relate to (a) the term of the Agreement as provided in paragraph 4.2; (b) the permitted uses of the Property as provided in paragraph 5.2; (c) provisions for "significant" reservation or dedication of land a.s provided in Exhibit B; (d) conditions, terms, restrictions or requirements for subsequent discretionary actions; (e) the density or intensity of use of the Project; (f) the maximum height or size of proposed buildings; or (g) monetary contributions by DEVELOPER as provided in this Agreement, shall not, except to the extent otherwise required by law, require notice or public hearing before either the Pllanning Commission or the City Council before the parties may execute an amendment hereto. CITY's Public Works Director shall determine whether a reservation or dedication is "significant". 9.4 Amendment of Proiect Approvals. Any amendment of Project Approvals relating to: (a) the permitted use of the Property; (b) provision for reservation or dedication of land; (c) conditions, terms, restrictions or requirements for subsequent discretionary actions; (d) the density or intensity of use of the Project; (e) the maximum height or size of proposed buildings; (f) monetary contributions by the DEVELOPER; or (g) public improvements to be constructed by DEVELOPER shall require, an amendment of this Agreement. Such amendment shall be limited to those provisions of this Agreement which are implicated by the amendment Of the Project Approval. Any other amendment of the Project Approvals, or any of them,, shall not require amendment of this Agreement unless the amendment of the Project Approval(s) relates specifically to some provision of this Agreement. 9.5 Cancellation by Mutual Consent. Except as otherwise permitted herein, this Agreement may be canceled in whole or in part only by the mutual consent of the parties or their successors in interest, in accordance with the Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 609113.4 Page 8 of 16 provisions of Chapter 8.56. Any fees pa.[d:-~urst~ant to Paragraph 5.3 and Exhibit B of this Agreement prior to the date of cancellation shall be retained by CITY..o 10. Term of Project Approvals. Pursuant to California Governmenft Code Section 66452.6(a), the term of the vesting tentative map described in Recital H above shall automatically be extended for the term of this Agreement.. The term of any other Project Approval shall be extended only if so provided in Exhibit B. 11. Annual Review. 11.1 Review Date. The annual review date for this Agreement shall be between July 15 and August 15, 2003 and each July 15 to August 15 thereafter. 11.2 Initiation of Review.- The CliTY's Community Development Director shall initiate the annual review, as required under Section 8.56.140 of Chapter 8.56, by giving to DEVELOPER thirty ,(30) days' written notice that the CITY intends to undertake such review. DEVELOPER shall provide evidence to the Community Development Director prior to the hearing on the annual review, as and when reasonably determined necessary by the Community Development Director; to demonstrate good faith compliance with the provisions of the Development Agreement. The burden of proof by substantial evidence of compliance is upon the DEVELOPER. 11.3 Staff Reports. To the extent practical, CITY shall deposit in the mail and fax to DEVELOPER a copy of al~ staff reports, and related exhibits concerning contract performance at least five (5) days prior to any annual review. 11.4 Costs. Costs reasonably incurred by CITY in connection with the annual review shall be paid by DEVELOPER 'n accordance with the City's schedule of fees in effect at the time of review. 12. Default. 12.1 Other Remedies Available. Upon the occurrence of an event of default, the parties may pursue all other remedies at law or in equity whiclfl are not otherwise provided for in this Agreement or in City's regulations governing development agreements, expressly including the remedy of specific performance of this Agreement. 12.2 Notice and Cure. Upon the occurrence of an event of default by either party, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is. not cured by the defaulting party within thirty (30) days after service of such notiice of default, the nondefaulting party may then commence any legal or equitab.lle action to enforce its rights under this Dublin/Toll Development Agreement For Dublin Ranch Area A 1 A-3 609113.4 Page 9 of 16 Agreement; provided, however, that if the. default cannot be cured within such thirty (30) day period, the nondefaultingl party shall refrain from any such legal or equitable action so long as the defaulting party begins to cure such default within such thirty (30) day period and diligently pursues such cure to completion. Failure to give notice shall not constitute a waiver of any default. 12.3 No Damaqes A.qainst CITY. In no event shall damages be awarded against CITY upon an event of default or upon termination of this Agreement. 13. Estoppel Certificate. Either party may, at any time, and from time to time, request written notice from the other party requesting such party to certify in writing that, (a) this Agreement is in full force and effect and a binding obligation of the parties, (b) this Agreement has not been amended or modified either orally or in writing, or if so amended, identifying the amendments, and (c) to the knowledge of the certifying party the requesting party is not in default in the performance of its obligations under this Agreement, or if in default, to describe therein the nature and amount of any such defaults. A party' receiving a request hereunder shall execute and return such certificate within thirty (30) days following the receipt thereof, or such longer period as may reasonably be agreed to by the parties. City Manager of City shall be authorized to execute any certificate requested by DEVELOPER. Should the party receiving the request not execute and return such certificate within the applicable period, this shall not be deemed to be a default, provided that such party shall b.e deemed to have certified that the statements in clauses (a) through (c) of this section are true, and any party may rely on such deemed certification. 14. Mortqa.qee Protection; Certain Riqhts of Cure. 14.1 Mort.qa.qee Protection. This. Agreement shall be superior and senior to any lien placed upon the Property', or any portion thereof after the date of recording this Agreement, including the lien for any deed of trust or mortgage ("Mortgage"). Notwithstanding the forego.ir~g, no breach hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good faith and for value, but all the terms and conditions contained in this Agreement shall be binding upon and effective against any person or entity, including any deed of trust beneficiary or mortgagee ("Mortgagee,") who acquires title to the Property, or any portion thereof, by foreclosure, trustee's sale, deed in lieu of foreclosure, or otherwise. 14.2 Mort.qagee Not Obliqated. Nlotwithstanding the provisions of Section 14.1 above, no Mortgagee shalll have any obligation or duty under this Agreement, before or after foreclosure or a. deed in lieu of foreclosure, to construct or complete the construction of improvements, or to guarantee such Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 609113.4 Page 10 of 16 construction of improvements, or to guarantee-~uclfi construction or completion, or to pay, perform or provide any fee, dedication, improvements or other exaction or imposition; provided, 'however, that a Mortgagee shall not be entitled to devote the Property to any uses or to construct a.r~y improvements thereon other than those uses or improvements provided for or authorized by the Project Approvals or by this Agreement. 14.3 Notice of Default to Mortqagee and Extension of Riqht to Cure. If CITY receives notice from a Mortgagee requesting a copy of any notice of default given DEVELOPER hereunder and specifying the address for service thereof, then CITY shall deliver to such Mortgagee, concurrently with service thereon to DEVELOPER, any notice given to DEVELOPER with respect to any claim by CITY that DEVELOPER has committed ar} event of default. Each Mortgagee shall have the right during the same period available to DEVELOPER to cure or remedy, or to commence to cure or remedy, the event of default claimed set forth in the CITY's notice. CITY, through its City Manager, may extend the thirty-day cure period provided in paragraph 12.2 for not more than an additional sixty (60) days upon request of DEVELOPER or a Mortgagee. 15. Severability. The unenforceability, invalidity or illtegality of any provisions, covenant, condition or term of this Agreement sha~l not render the other provisions unenforceable, invalid or illegal. 16. Attorneys' Fees and Costs. If CITY or DEVELOPER initiates any action at law or in equity to enforce or interpret the terms and conditions of this Agreement, the prevailing party shall be entitled to i'ecover reasonable attorneys.' fees and costs in addition to any other relief to which it may otherwise be entitled. If any person or entity not a party to this Agreement initiates an action at law or in equity to challenge the validity of any provision of this Agreement or the Project Approvals, the parties shall cooperate in defending such action. DEVELOPER shall bear its own costs of defense as a real party in interest in any such action, and shall reimburse CITY for all reasonable court costs and attorneys' fees expended by .CITY in defense of any such action or other proceeding. 17. Transfers and Assiqnments. 17.1 Right to Assiqn. DEVELOPER may wish to sell, transfer or assign all or portions of its Property to other developers (each such other developer is referred to as a "Transferee"). In connection with any such sale, transfer or assigr~ment to a Transferee, DEVELOPER may sell, transfer or assign to such Transferee any or all rights, interests and obligations of DEVELOPER arising hereunder and that pertain to the portion of the Property being sold or Dublin/Toll Development Agreement For Dublin Ranch Area A t A-3 609113.4 Pagellof16 -'tranSferred, to such Transferee, provided, however, that: no such transfer, sale or assignment of DEVELOPER's rights, interests and obligations hereunder shall occur without prior written notice to CITY and approval by the City Manager, which approval shall not be unreasonably withheld or delayed. 17.2 Approval and-Notice of Sale,. Transfer or Assignment. The City Manager shall consider and decide on ar~y transfer, sale or assignment within ten (10) days after DEVELOPER's notice, provided all necessary documents, certifications and other information are provided to the City Manager to enable the City Manager to determine whether the proposed Transferee can perform, the DEVELOPER's obligations hereunder. Notice of any such approved sale, transfer or assignment (which includes a description of all rights, interests and obligations that have been transferred and those which have been retained by DEVELOPER) shall be recorded in the official records of Alameda County, in a form acceptable to the City Manager, concurrently with such sale, transfer or assignment. 17.3 Effect of Sale, Transfer or Assi.qnment, DEVELOPER shall be released from any obligations hereunder s.old, transferred or assigned to a Transferee pursuant to subparagraph 17.1 of this Agreement, provided that: a) such sale, transfer or assignment has been approved by the City Manager pursuant to subparagraph 17.1 of this Agreement; and b) such obligations are expressly assumed by Transferee and provided that such Transferee shall be subject to all the provisions hereof and slhall provide all necessary documents, certifications and other necessary information prior to City Manager approval pursuant to subparagraphs 17.1 and 17'.2 of this Agreement. 17.4 'Permitted Transfer, Purchase or Assi.qnment. The sale or other transfer of any interest in the PrOperty to a purchaser ("Purchaser") pursuant to tlqe exercise of any right or remedy under a~ deed of trust encumbering DEVELOPER'S interest in the Property shall not require City Manager approval pursuant to the provision of paragraph 17..1. Any subsequent transfer, sale or assignment by the Purchaser to a subsequent transferee, purchaser, or assignee shall be subject to the provisions of paragraph 17.1. 17.5 Termination of Aqreement Upon Sale of Individual Lots to Public. Notwithstanding any provisions of' ~his Agreement to the contrary, the burdens of this Agreement shall terminate as to any lot which has been finally subdivided and individually (and not in "'butlk") leased (for a period of longer than one year) or sold to the purchaser or user tlqereof and thereupon and without the execution or recordation of any further dlocument or instrument such lot shall be released from and no longer be subject iEO or burdened by the provisions of this Agreement; provided, however,, that the benefits of this Agreement shall continue to run as to any such lot until a building is. constructed on such lot, or until the Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 609113,4 Page 12 of 16 termination of this Agreement, if earlier, at which time this Agreement shall terminate as to such lot. 18. A.qreement Runs with the Land. All of the provisions, rights, terms, covenants, and obligations contained in this Agreement shall be binding upon the parties and their respective heirs, successors and assignees, representatives, lessees, and all other persons acquiring the Property, or any portion thereof, or any interest therein, whether by operation of aw or 'n any manner whatsoever. All of the provisions of this Agreement shall be enforceable as equitable servitude and shall constitute covenants running with the land pursuant, to applicable laws, including, but not limited to, Section 1468 of the Civil Code of the State of California. Each covenant to do, or refrain from doing, som~ act on the Property hereunder, or with respect to any owned property, (a) is. for the benefit of such properties and is a burden upon such properties, (b) runs with such properties, and (c) is binding upon each party and each successive owner during its ownership of such properties or any portion thereof, and shal~ be a benefit to and a burden upon each party and its property hereunder a.~d each other person succeeding to an interest in such properties. 19. Bankruptcy. The obligations of this Agreement shall not be dischargeable in bankruptcy. 20. Indemnification. DEVELOPER agrees to indemnify, defend and hold harmless CITY, and its elected and appointed councils, boards, commissions, officers, agents, employees, and representatives from any and all claims, costs (including legal fees and costs) and liability for any personal injury or property damage which may arise directly or indirectly as a result olf any actions or inactions by the DEVELOPER, or any actions or inactions, of DEVELOPER's contractors, subcontractors, agents, or employees in connection with the construction, improvement, operation, or maintenance of the Project, provided that DEVELOPER shall have no indemnification obligation with respect to negligence or wrongfu conduct of CITY, its contractors, subcontractors, agents or employees or with respect to the maintenance, use or condition of any improvement after the time it has been dedicated to and accepted by the CITY or another public entity (except as provided in an improvement agreement or . maintenance bond). Dublin/Toll Deyelopment Agreement For. Dublin Ranch Area A / A-3 609113.4 Page 13 of 16 217 I~surance. 21.1 Public Liability and Properbf Dama.qe Insurance. During the term of this Agreement, DEVELOPER shall maintain in effect a policy of comprehensive gen'eral iabilit~ insurance with a per-occurrence combined single limit of not less than one million dollars ($1,000,000.00) with a Twenty Five Thousand Dollar ($25,000) self insurance retention per claim. The policy so maintained by DEVELOPER shall name the CITY as an additional insured and shall include either a severability of interest clause or cross-liability endorsement. 21.2 Workers Compensation Insurance. During the term of this Agreement DEVELOPER shall maintain Worker's Compensation insurance for all. persons employed by DEVELOPER for wo, rk at the Project site. DEVELOPER shall require each contractor and subcontractor similarly to provide Worker's Compensation insurance for its respective employees. DEVELOPER agrees to indemnify the City for any damage resulting from DEVELOPER's failure to maintain any such insurance. 21.3 Evidence of Insurance. Prior to City Council approval of this Agreement, DEVELOPER shall furnish CITY satisfactory evidence of the insurance required in Sections 21.1 and 21.2 and evidence that the carrier is required to give the CITY. at least fifteen days prior written notice of the cancellation or reduction in coverage of a policy. The insurance shall extend to the CITY, its elective and appointive boards, commissions, officers, agents, employees and representatives and to DEYELOPER performing work on the Project. 22. Sewer and Water. DEVELOPER .acknowledges that it must obtain water and sewer permits from the Dublin San Ramon Services District ("DSRSD") which is another public agency not within the control of CITY. 23. Notices. All notices required or provided for under this Agreement shall be in writing. Notices required to be given to CITY shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dublin, CA 94568 FAX No. (925) 833-6651 Dublin/Toll Development Agreement For Dublin Ranch Area A t A-3 609113.4 Page 14 of 16 Notices required to be given to DEVELOPER shall be ~'ddrdssed as follows: Toll CA 11, LP A party may change address, by giving notice in writing to the other party and thereafter all notices shall be addlressed and transmitted to the new address. Notices shall be deemed given and received upon personal delivery, or if mailed, upon the expiration of 48 hours after being deposited in the United States Mail. Notices may also be given by' overnight courier which shall be deemed given the following day or by facsimile transmission which shall be deemed given upon verification of receipt. 24. Agreement is Entire Understandiing. This Agreement constitutes the entire understanding and agreement of the parties. 25. Exhibits. The following documents are referred to in this Agreement and are attached hereto and 'ncorporated herein es though set forth in full: Exhibit A Legal Descri,~tion of Property Exhibit B Additional C.ondlitions 26. Counterparts. This Agreement is executed in two (2) duplicate originals, each of which is deemed to be an original. 27. Recordation. CITY shall record a copy of this Agreement within ten days following execution by all parties. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date and year first[ above written. Dublin/Toll Development Agreement For Dublin Ranch Area A t A-3 609113.4 Page 15 of 16 CITY O~F DOBLIN: By: Mayor ATTEST: Date: By: City Clerk APPROVED AS TO FORM: Date: City Attorney TOLL CA II, LP a California limited partnership Its: General Date: (NOTARIZATION ATTACHED) Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 609113.4 Page 16 of 16 EXHIBIT A LEGAL DESCRIPTION Neighborhood A-3 Dublin, California Parcel B of Tract 7253 as filed in Book 263 of Maps, at pages 73-78 in the Alameda County Records Dublin/Toll Developmem A~eement For Dublin Ranch Area AY A-3 - Exhibit A Page 1 of 1 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ' State of California personally appeared t'-~ · / Name(s) ef Signer(s) E~'~'ersonally known to me [] proved to me on the basis of satisfactory evidence to be the person¢ whose name(/)is/a/~ subscribed to the within instrument and acknowledged to me that he/stCe/th~y executed the same in his/h~r/th¢ r authorized capacity(i~), and th~-t b'y his/l'Cr)t~eir signature(,~') on the instrument the personf¢~, or the entity upon behalf of which the person~z) acted, executed the instrument. OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form (o another document. Description of Attached Document Title or Type of Document: c~V,_.~~''¢¢%-~¢'~ '~' Document Date: ~ - ~-~('*-0- % Number of Pages: Signer(s) Other Than Named Above: Capacity(les) Claimed by Signer Signer's Name: [] Individual [] Corporate Officer-- Title(s): [] Partner [] Limited [] General [] Attorney-in-Fact [] Trustee [] Guardian or Conservator [] Other: Top of thumb here Signer Is Representing: © 1999 National Notary Association · 9350 De Soto Ave,, r'.O. Box 2402 · Chatsworth. CA 91313-2402 · www, nationainotary, org Prod, NO. 5907 Reorder: Call Toll-Free 1~800-876-6827 EXHIBIFF B Additiona~ Conditions The following Additional Conditions are hereby imposed pursuant to Paragraph 5.3 above. Subparagraph 5.3.1 -- Subsequent Discretiionary Approvals None. Subparagraph 5.3.2 -- Mitigation Conditions Subsection a. Infrastructure Sequencin,q Proqram The Infrastructure Sequencing Program for. the Project is set forth below.' (i) Roads: The project-specific roadway improvements (and offers of dedication) identified in Resolution Nos. 00~3r9 and 02-11 of the City of Dublin Planning Commission approving the Vesting Tentative, Map for Neighborhood A-3 (Tract 7138) (hereafter "TM Resolution"), and those described below shall be completed by DEVELOPER to the satisfaction of the Publiic Works Director at the times and in the manner specified in the TM Resolution unless otherwise provided below. All such roadway improvements shall be constructed to the satisfaction and requirements of CITY'.s Public Works Director. -- Condition 26 [Offsite] T.I.F. improvement of Fall.on Road Condition 26 reads as follows: [Offsite] T.I.F. improvement of Fallon Road. Applicant/Developer sh~ll[ improve Fallon Road and construct four travel lanes (2 northbound and 2 southbound) median landscaping and landscaping alongi project frontage from future intersection of Antone Way to the north curb return of Golf Course Maintenance Drive in accordance with the precise plans approved on pages 26, 27 and 28 of the "Supplemental Information" of the SDRNTM book prepared by MacKay and Somps dated December 1999 and revised June 2000 and to the satisfaction of the Director of Public Works. The goal of the overal~ improvement plan is to construct all TIF improvements needed for capacity and access to Dublin Ranch Area A while maximizing conformance to the ultimate Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 1 of 12 improvements and minimizing interim, "throw-away" improvements. The Director of Public W'o~ks shall review and approve all street geometrics of the interim improvements. Applicant/Developer shall be responsible for constructing and/or funding improvements as allocated under the terms of an agreement among the above parties for improvement of the road. Applicant/Developer shall receive TIF credit for alll TIF improvements constructed in the ultimate alignment. Applicant/Developer shalll.be responsible for the construction of the offsite TIF improvements conditioned under Tract No. 7135. When completed: As specified in Development Agreement or when deemed necessary by the Director of Public Works The improvements reqluired by Condition 26 shall be completed prior to the issuance of the first certificate of occupancy in Neighborhood A-3. -- Condition 33 Private Recreation Facility Condition 33 reads as fc~liows: Private Recreation Fa.ci~ity. If not previously dedicated and completed with the first building permit of the second subdivision (A-2, A-3, A-4 or A-5) Applicant/Developer shall dedicate to the Community Homeowners. Association and 'complete the Private Recreation Facility within Parcel C-1 of Tract No. 7135 to the satisfaction of the Directo.r of Public Works. When completed: As Specified in the Development Agreement The improvements req, uired by Condition 33 shall be completed and dedicated prior to the issuance of any building permits in Neighborhoods A-2 and A-3. Applicant/Developer will not be issued any building permits in Neighborhoods A-2 and A-3 until such time as the improvements required by Condition 33 have been dedicated and completed. -- Condition 49 Golf Course Improvements: Condition 49 reads as follows: Golf Course Improve, r~ents. If Applicant/Developer constructs the Golf Course (Parcel "G-3" of Tract No. 7135), it shall be designed and constructed in accordance with the Golf Course standards as contained in the Applicant/Developer's SDR submittal package Dublin/Toll Development Agreement Page 2 of 12 For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 dated June 2000 and the City of Dublin's Development Standards. The design of the Golf Course shall be approved by-the-City of Dublin Director of Community Development and Director of Public Works. When completed: As specified in the Development Agreement The improvements required by Condition 49 shall be completed as follows: The first nine holes of the golf course shall be graded and planting started prior to issuance, of a building permit for the 312th unit in Area A, and the second nine holes shall be graded and planted prior to the issuance of the 500th unit in Area A. -- Condition 55 Open Space Ma.,~a.qement Pro.qram:. Condition 55 reads as fc~llows: Open Space Managem,e~t Program. An Open Space Management Program shaft be submitted for approval by the Community Developme,n'~' Department. The Management Program for Open Space areas shaft be in addition to the Fire Buffer Zone and shall address noxious weed control and fire control. Standards to ensure the healthy establishment and survival of aft Open Space plantings shaft be desi¢n'a'ted in the Open Space Management. Program and shaft be subject to review and approval by the City at Applicant/Developer's expense. The program shaft include provisions for mowing a~d removal of cut plant materials, debris, and other miscellaneous ~:rash items. The requirements of this program shall be included in the Community Homeowners Association CC&R's and' shall be subject to review and approval by the Community Develop,ment Director and Public Works Director. Any necessary restorafionr of Open Space plantings shall be the responsibility of the Co¢~munity Homeowners Association, and shaft be completed according to the time frame contained within the Management Program. [f .the Open Space plantings are not maintained according to ~he standards established by the Management Program, ~'he City will have the right, but not the obligation, to take correc~ve measures and to bill the Community Homeowners Association for the cost of such maintenance and corrective measures p~us' the City overhead costs. When Completed: Program approved prior to Approval of Final Map/CC&R's submitted prior to Recordation of Final Map and approved prior to Occupancy of Any Residential Unit. Dublin/Toll Developmer~t Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 3 of 12 The CC&Rs shall be recorded prior to issuance of the first Certificate'of Occupancy in Neighborhood A-2. DEVELOPER agrees not to close escrow with any purchaser of an individual lot until the CC&Rs are recorded. All other provisions of Condition 55 remain unchanged. -- Condition 62 [Offsite] Traffic Signals.: Condition 62 reads as follows: [Offsite]Traffic Signals.. If not constructed by previous developer, Applicant/Developer is responsible for the traffic signal design and instaflation of conduit for the future signalization at the following intersections to the satisfaction of the Director of Public Works: a_. Kingsmil¢ Terrace and Faflon Road. b_ Antone Way and Fa/Ion Road The signal improvemen'~"s shall accommodate conversion to serve an ultimate three and four-legged intersections to the extent possible, minimizing repta.cement or relocation of improvements. The cost of the condui~ shaft be the responsibility of Applicant/Developer, w~;fh no TIF credits given for intersections listed above. Applicant/Developer sha~ be responsible for constructing and/or funding all interim improvements as determined by the Director of Public Works. In the event that a improvement agreement for the installation of the ultimafe traffic signals fails to be reached, Applicant/Developer shal~ be responsible for the installation of the future traffic signals. When Required: As specified in the Development Agreement or when deemed necessary by the Director of Pub#c Works The improvements reqluired by Condition 62 shall be completed prior to the issuance of the first certificate of occupancy in Neighborhood A-3. Notwithstanding the provisions of Section 4 of this Agreement, Condition 62 shall survive termination of this Agreement. --Condition 90 [Dublin Boulevard/Doucjherty Road Intersection Improvement]: Condition 90 reads ss follows: Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 4 of 12 Dublin Boulevard/Dougherty Road Intersection Improvement. The APPlicant~Developer shall be ~ responsible for the project fair share contribution towards the City Capital improvements project for the following improvements to the D'~blin Blvd. and Dougherty Road intersection: a. Eastbound Dublin Boulevard, exclusive right- turn lane to Southbound Dougherty Road. b. Northbou~d Dougherty Road, exclusive right- turn lane to eastbound Dublin Boulevard. c. Westbound Dublin Boulevard restriped to provide a~ additional left turn lane to southbound Dougherty Road. d. Modifications to the Traffic Signal. This is a category 2 TiE improvement. In the event that the City has a shortfall of category 2 funds available to complete the above list of improvements, the Developer shall contribute the remaining balance of the funds needed to complete the specified improvements to the satisfaction of the Director of Public Works. To the extent practical, the notice shall be timed so that the work shall be completed immediately prior to the point where the Level of Service E occurs. These funds wi~¢ be based on the percent of trip contribution to the intersection defined and approved by the Director of Public Works; This intersection improvement is a TIF improvement. Therefore costs spent may be credited against the payment o~, ~raffic impact fees in accordance with City TIF Guidelines. When required: Whe~ determined by Director of Public Works. DEVELOPER shall provide CITY with DEVELOPER's fair share, as determined by CITY on the basis of the Project's trips, for the costs of design and construction of Du~biin Boulevard/Dougherty Road Intersection Improvements by a payment to CITY in cash in the amount of the Project's fair share of the deficiency, if any, between funds available to CITY for CIP Project # 96852 [Dougherty Road/Dublin Blvd. Intersection] and the cost of such project. Such paymenrt to be made within 30 days of written notice from the Public Works Director' to be given following bid opening. Notwithstanding the provisions of Section 4 of this Agreement, Condition 90 shall survive termination of this Agreement. --Condition 91 [Gleason Drive;: Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 5 of 12 Condifi,on 91 reads as follows: Gleason Drive. Prior to issuance of a certificate of occupancy for the 421st unit in Area A,. Deve/oper / Appftcant shaft construct either 2 lanes of G/eason Drive, ~-om Tassajara Road to Fa/Ion Road in accordance with approved precise alignment prepared by MacKay and Somps dated Aug'u'st' 1999 or as defined by the Director of Pubftc Works or the extension of Dub/in B/vd. from Dub/in Ranch Area G to Fa/Ion Road or as defined .by the Director of Public Works. The Developer shaft be responsible for the installation of the new traffic signal at the intersection of Fallon road and Gleason Drive. With the extension of Dublin Boulevard to Fallon Road, Developer shaft be responsible for the traffic signal required by Condition 99 of Tentative Tract Map 7¢35. Condition 99.of Tentative Tract Map 7135 states: "Applicanb/Developer shaft construct Fallon Road Interchange signals at eastbound and westbound off ramps of 1-580 and Fallon Road as approved by Caltrans and the Director of Public Works': If Developer constructs. G~eason Drive through to Fa/Ion Road, Developer shall comple.~.e. Fallon Road in its ultimate state from existing Antone Way to Gleason Road and transition Fallon Road from Gleason Road south to Bent Tree Drive as approved by the Director of Public Works.. Developer agrees not to close escrow on and the City will not issue certificates of occupancy for rn~o~'e than 420 units in Area A prior to the completion of the improvement,s required by Condition 91. Notwithstanding the provisions of Section 4 of this Agreement, the requirements of Condition 91 shall survive termination of this Agreement and shall be deemed satisfied when DEVELOPER enters into an improvement agreement and provides security for improvements that satisfy this condition. --Fallon Road Community Park Frontaqe Improvements City is a party to an agreement with DR Acquisitions I, LLC entitled "Improvement Agreement and Ri~ght of Entry for Fallon Road Improvements to Satisfy Certain Conditions of Approval of Vesting Master Tentative Map 7135" ("the Improvement Agreement"). The Improvement Agreement was recorded against the Property on April 22, 2002. The Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 6 of 12 Improvement Agreement provides generally that DR Acquisitions I, LLC ("Owner"), the predecessor in interest to Toll CA II, LLP, will perform certain improvements that were conditions of the master tentative parcel map that created the Property, a.mong other parcels. The improvements are generally desCribed as the Fallon Road Community Park Frontage improvements. The Improvern,ent Agreement requires Owner to either complete or provide security for the completion of the improvements prior to the approval of last final map to record among tentative maps 7137, 7138, 7139, and 7140 (respectively Neighborhoods A-2, A-3, A-4, and A- 5). However, the Owner's obligation to complete the improvements are automatically tolled, if the City has not yet adopted a right-of-way line showing the final location of the improvements. In addition, if the Owner's construction obligation is tolled,, the agreement allows the City Manager to waive the requirement to provide security for the completion of the improvements until the Owner is notified by the City of its adoption of the right-of-way line. The Improvement Agreement further provides (and places future purchasers of the Property on notice) that that failure of Owner to satisfy the above-noted obligation may be cause for the City Council to refuse to approve the. last of the final maps for tracts 7137, 7138, 7139 or 7140 and/or building permits for construction on the property covered by such ten,tatiYe maps. In pursuance of these agreements, Owner agreed that it would not assert the provisions of Government Code Section 66458 to require the City Council to approve a final map for the last of Tracts 7137, 7138, 7139 or 7140 until the above obligations are satisfied. Owner also agreed to require any future purchaser of the Property to similarly agree in writing. The City has not yet adopted a right-of-way line showing the final location of the improvements. Therefore, the Owner's obligation to complete the improvements is to. llled until such time as the right-of-way line is adopted, in addition, the City Manager, pursuant to the Improvement Agreement, has consented to the Owner providing security after the right- of-way line is adopted. In furtherance of the terms of the Improvement Agreement, Developer agrees that, in the event that a right-of-way line is adopted by the City prior to recordation of a final map for the last to record of Tracts 7137, 7138, 7139 or 7140, it will not assert the provisions of Government Code section 66458 to require the City to approve a final map for the last to record of Tracts 7137, 7138, 7139 or 7140 until the Owner's obligation to complete or provide security for the completion of the improvements under the ~mprovement Agreement is satisfied. --Fallon Road North Improvements City is a party to an agreement with DR Acquisitions, LLC entitled "Improvement Agreement Fal~on Road" ("the Fallon Road North Agreement"). The Fallon Road North Agreement was recorded against Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 7 of 12 the Property on February 14, 2001. The Fallon Road North Agreement provides generally'.that DR Acquiisitions, LLC ("Owner"), the predecessor in interest to Toll CA II, LLP, wilt perform certain improvements that were conditions of approval for devebpment of the Property, among other parcels. The improvements are generally described as the extension of Fallon Road from the northern boundary of Area A across Owner's property north of Area A. The. Fallon Road North Agreement requires Owner, prior to the approval of iast final map to record among tentative maps 7137, 7138, 7139, and 7140 (respectively Neighborhoods A-2, A-3, A-4, and A-5), (a) to submit to. the City an irrevocable offer to dedicate sufficient real property to ena.b[e construction of the improvements in a location acceptable to the appliicable regulatory agencies; (b) to submit plans and specifications for the improvements in a location and form acceptable to the City Engineer;; and (c) to either complete or proVide security for the completion of the improvements. The agreement further provides (and places future purchasers of the Property on notice) that that failure of Owner to satisfy the above-noted obligations may be cause for the City Council to refuse to approve the last of the final maps for tracts 7137, 7138, 7139 or 7140 and,~o~~' building permits for construction on the property covered by such ten~tati~ve maps. in pursuance of these agreements, Owner agreed tha.t it would not assert the provisions of Government Code Section 66458 to require the City Council to approve a final map for the last to record/of Tracts 7137, 7138, 7139 or 7140 until the above obligations are satisfied. Owner also agreed to require any future purchaser of the Property to sin~,ilarly agree in writing. In furtherance of the terms of the Fallon Road North Agreement, Developer agrees that it will not assert the provisions of Government Code section 66458 to require the City' to approve a final map for the last of Tracts 7137, 7138, 7139 or 7140 until the obligation to complete or provide security for the completion of the Fallon 'Road North improvementS under the Improvement Agreement is satisfied. (ii) Sewer, All sanitary sewer improvements to serve the project site (or any recorded phase of the Project) shall be completed in accordance with DSRSD requirements. (iii) Water An all weather roadway ab'~d an approved hydrant and water supply system shall be available and in service at the site in accordance with the tentative map conditions of approval to the satisfaction and requirements of the CITY's fire department. All potable water system components to serve the project site shall be completed in accordance with the DSRSD requirements. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 8 of 12 ReCycled water lines sha~l be installed in accordance with the .-. tentative map conditions of approval. (iv) Storm Drainaqe The storm drainage systems off site, as well as on site drainage systems to the areas to be occupied, shall be iimproved consistent with the Drainage Plan and tentative map conditions of approval and to the satisfaction and requirements of the Dublin Public Works Department apCying CITY's and Zone 7 (Alameda County Flood Control and Water Conservation District, Zone 7) standards and policies which are in force and effect at the time of issuance of the permit for the proposed improvements. The site shall also be proteoted from storm flow from off site and shall have erosion control measures in place to protect downstream facilities and properties from erosion and unclean storm water consistent with the Drainage Plan. As used herein, "Drainage Plan" shall refer to the updated master drainage plan for Dublin Ranch referenced in Condition 40 of Plannin§ Commission Resolution 00-36. If determined to be necessary by CITY, DEVELOPER agrees to participate in a drainage benefit district or such other mechanism as may be established by CITY in the future to reimburse other developers for oversizing drainage facilities that benefit the Property. (v) Other Utilities (e.g...qaS,, electricity, cable televisions, telephone) Construction shall be completed by phase prior to issuance of the first Certificate of Occupancy for any buildin9 within that specific phase of occupancy. Subsection b. Miscellaneous (i) Completion May Be Deferred. Notwithstanding the foregoing, CITY's public Works Director may, in his or her sole discretion and upon receipt of documentation in a form satisfactory to the Public Works Director that assures completion, allow DEVELOPER to defer completion of discrete portions of any public improvements for the Project if the Public Works Director determines that to do so wou~d not jeopardize the public health, safety or welfare. Subparagraph 5.3.3 -- Phasinq, Timing This Agreement contains no requirements that. DEVELOPER must initiate or complete development of the Project within any period of time set by CITY. It is the intention of this provision that DEVELOPER be able to develop the Property in accordance with its own time schedules and the Project Approvals. Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 9 of 12 Subparagraph 5.3.4 -- Financinq Plan~ DEVELOPER will install all improvements necessary for the Project at its own cost (subject to credits for any improvements which qualify for credits as .provided in Subparagraph 5.3.6 below). Other infrastructure necessary to pro,vide sewer, potable water, and recycled water services to the Project will be made available by the Dublin San Ramon Services District. DEVELOPER will enter into an "Area Wide FacilitieS Agreement" with the Dublin San Ramon Services District to pay fo[r the cost of extending such services to the Project. Such services shall be provided as. set forth in Subparagraph 5.3.2(a)(ii) and (iii) above. Subparagraph 5.3.5 -- Fees, Dedications Subsection a. Traffic Impact Fees. DEVELOPER shall pay the Ea.stern Dublin Traffic Impact Fee ("TIF") establis'hed by Resolution No. 225-99, includiin~g any future amendments to such fee. DEVELOPER will pay such fees no later tha.,: the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. DEVELOPER further agrees that it will pay a minimum of three percent (3%) of the "Section 1/Category 1" portion of the TIF in cash. DEVELOPER also agrees tha.t iii will pay 12.4% of the "Section 2/Category 2" portion of the TIF in cash. If CITY amends iits TIF fee and as a result the CITY's outstanding balance due on loans is less than 12.4% of total Section 2/Category 2 improvements, the DEVELOPER shall pay such reduced percentage of the "Section 2/Category 2" portion of the TIF in cash. Subsection b. Traffic Impact Fee t.~ Reimburse Pieasanton for Freeway Interchanges. DEVELOPER shall pay the Eastern Dublin 1-580 Interchange Fee established by City of Dublin Resolution No. I1-96 as amended by Resolution No. 155- 98 and by any subsequent resolUtion which revises such Fee. DEVELOPER will pay such fees no later than the time of ~ssuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Subsection c. Public Facilities Fees. DEVELOPER shall pay a Publiic Facilities Fee established by City of Dublin Resolution No. 214-02, including any future amendments to such fee. DEVELOPER will pay such fees no later than the time of issuance of building permits Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 10 of 12 and in the then-current amount of the fee. DEVELOPER may use the credits for payment of the Community Park Land portion of the Public Facilities Fee granted to the- Lin Family by the Master Development Agreement in accordance with City's Public Facilities Fee Guidelines (Resolution 195-99,).. Subsection d. Noise Mitigatio~ Fee. DEVELOPER shall pay a Noise Mitigation Fee established by City of Dublin Resolution No. 33-96, including any future amendments to such fee. DEVELOPER will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time. of building permit issuance. Subsection e. School Impact Fees. School impact fees shall be paid by DEVELOPER in accordance with Government Code section 53080 and the agreement between DEVELOPER's predecessor in interest and the Dublin Unified School District regarding payment of mitigation fees. Subsection f. Fire Impact Fees. DEVELOPER shall pay a fire facilities fee established by City of Dublin Resolution No. 12-03 including any future amendments to such fee. DEVELOPER will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. Subsection Tri-ValleY Transportation Development Impact Fee. DEVELOPER shall pay the Tdi-Va!ley Transportation Development Fee in the amount and at the times set forth in City of Dublin Resolution No. 89-98 or any subsequent resolution which revises such fee. DEVELOPER will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Subparagraph 5.3.6 -- Credit Subsection a. Traffic Impact Fee, Improvements -- Credit CITY shall provide a credit to DEVELOPER for those improvements described in the resolution establishing the Eastern Dublin Traffic Impact Fee if such improvements are constructed by the DEVELOPER in their ultimate location. All aspects of the credit shall be covered by CItY's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 ("TIF Guidelines"). Subsection b. Traffic Impact Fee Riqht-of-Wa¥ Dedications -- Credit Dublin/Toll Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 1 1 of 12 CITY shall provide a credit to DEVELOPER for any TIF area right-of-way to be dedicated by DEVELOPER to CITY wh'iich is required for improvements which are described in the resolution establishing the. Eastern Dublin Traffic Impact Fee; All aspects of the credits shall be governed by the TiF Guidelines. Subparagraph 5.3.6 -- Miscellaneous Subsection a. Inclusionary Zoninq Ordinance The Project shall be subject to the Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68) as in effect on July 25, 2000 (the date of apprOval of Resolution 00-39). The DEVELOPER shall psy fees in lieu of constructing inclusionary units. The in lieu fees shall be paid at issuance of building permits in accordance with Resolution No. 131-01 of the City Council and the affordable housing agreement to be entered into between DEVELOPER and C~TY. Dublin,q-oil Development Agreement For Dublin Ranch Area A / A-3 - EXHIBIT B 609115.7 Page 12 of 12