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4 or 4,416 <br /> /' /4141"F4:4° <br /> 20015213165 RECORo8104120A ED9:5ouAM <br /> RECORDING REQUESTED BY ander • STEVE MANNING <br /> r�i,coaN`r RECORDING FEE: 0.00 <br /> WHEN RECORDED MAIL TO: <br /> City Clerk 11A\C <br /> III I 111 11 111 111111 6 PGS <br /> City of San Leandro <br /> 835 East 14th Street n 1 <br /> " <br /> San Leandro, CA 94577 UV <br /> Exempt from Recording Fees per Government Code §6103, §2738/ <br /> and Revenue and Tax Code§11922 <br /> CITY OF SAN LEANDRO, CALIFORNIA <br /> PAYMENT SCHEDULE AGREEMENT <br /> (Park Facilities Development Impact Fee) <br /> THIS AGREEMENT is entered into this day of . vE , 2015 by <br /> and between the CITY OF SAN LEANDRO, a municipal corporation, hereinafter <br /> referred to as "City", and Aurora Partners, LLC, hereinafter referred to as "Property <br /> Owner." <br /> Recitals <br /> Chapter 7-13 of the San Leandro Municipal Code imposes a Park Facilities <br /> Development Impact Fee ("PFDI") on new development of property to pay for public <br /> park and recreation facilities. <br /> The Property Owner is the owner and developer of the property commonly <br /> known as 13547 Aurora Drive, San Leandro, Assessor's Parcel Number 079A-0584- <br /> 019-03 (hereafter the "Site"), and is required to pay the PFDI fee. <br /> The Property Owner has requested that payment of the PFDI fee be made <br /> pursuant to a mutually acceptable payment schedule. <br /> NOW, THEREFORE, City and Property Owner agree as follows: <br /> A. The PFDI Property Owner is obligated to pay is ONE HUNDRED SIXTY <br /> THOUSAND, FIVE HUNDRED FIFTEEN DOLLARS AND SEVENTY TWO CENTS <br /> ($160,515.72). Said fee shall be paid in four (4) successive payments as set forth <br /> herein, except as otherwise provided in this Agreement. <br /> B. The PFDI shall be paid by Property Owner to the City within thirty (30) <br /> days of receipt of written notice from City demanding payment and in accordance with <br /> the following schedule and amounts: <br /> PFDI Payment Schedule Agreement Page 1 of 4 <br /> 13547 AURORA DRIVE 6/8/2015 <br />