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THIS AGREEMENT made this y day of/: .�, , 1957, <br />between CITY OF SAN LEANDRO, a municipal corporation of the <br />State of California, hereinafter called "City," and BAY -FAIR, <br />a California corporation, hereinafter called "Bay -Fair,' <br />W I T N E S S E T H: <br />RECITALS: <br />A. Bay -Fair is constructing a shopping center in <br />the City of San Leandro which shopping center will be of bene- <br />fit to the City of San Leandro by reason of improvement of the <br />area in which said shopping center is located and by reason of <br />creating new jobs for the residents of the City of San Leandro. <br />B. The construction of said shopping center will <br />create a traffic pattern which the streets in the area are not <br />designed to handle. <br />0 <br />C. It is for the best interests of the City of San <br />Leandro that the streets in the vicinity of the shopping center <br />be improved and redesigned to accommodate the additional traffic <br />that will be brought to that area. <br />D. The City Manager of City has entered into certain <br />negotiations with Bay -Fair with relation to such matters as a- <br />foresaid and has reached a tentative agreement with Bay -Fair. <br />NOW, THEREFORE, it is mutually agreed: <br />1. Bay -Fair will grant City an easement for street <br />purposes as more particularly described in Exhibits A and B <br />attached hereto. <br />2. Bay -Fair will grant to City an easement for a <br />storm drain as more particularly described on Exhibit C attached <br />hereto.- <br />