Deed - 700 & 754 Marina Blvd - File 1084, 1981 pt1

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CITY OF SAN LEANDRO STANDARD PUBLIC IMPROVEMENT AGREEMENT 700 MARINA BOULEVARD THIS AGREEMENT entered into on September 1, 1981 by and between the CITY OF SAN LEANDRO, a municipal corporation, hereinafter referred to as City, and PRODUCTION PATTERN AND FOUNDRY COMPANY, hereinafter referred to as Owner. It is mutually agreed as follows: 1. Construction of Public Improvements. In consideration of the grant- ing of certain entitlements of use described as follows: Issuance of a building permit to construct an additional building at 700 Marina Blvd. and the ultimate acceptance by the City of the property described in Exhibit B herein (if appli- cable) Owner agrees to deposit with the City the following sum $7,500.00, which the parties agree, satisfies Owner's obligation to construct public improvements in the area shown on the attached document, marked Exhibit A, incorporated herein by reference, and further identified as Marina Boulevard Plan Line widening requirements adjacent to 700 Marina Boulevard. Said improvements shall include curb, gutter, sidewalk, street pavement and all other improvements required by the Director of the Department of Public Works based upon the standards imposed by Title 7, Chapter 17 of the San Leandro Municipal Code of 1957 and the Standard Specifications adopted by the City of San Leandro for public works. 2. Time of Commencement. Construction of said improvements shall commence at such time as the Director of the Department of Public Works, at his sole dis- cretion deems it appropriate; provided, however, if the City commences construction of said improvements prior to September 1, 1982 City shall return to owner that portion, -if any, of above deposit which exceeds the prorated share of the project costs attributable to the frontage of 700 Marina Bo�!Ievard.