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z <br />Peoria, Illinois 61602 <br />March 30, 1972 <br />City of San Leandro <br />San Leandro, California <br />Gentlemen: <br />During the course of negotiations between Caterpillar Tractor Co. and <br />the City of San Leandro which resulted in a cost -sharing agreement for <br />improvements to portions of Martinez and Antonio Streets, certain <br />understandings were reached which, primarily because they related to <br />actions that might or will occur at some future time, were not proper <br />for inclusion in the cost -sharing agreement. We believe, however, <br />these understandings should be stated in writing. They are: <br />1. Vacation of a portion of Alvarado Street. If Caterpillar <br />Tractor Co. acquires the property abutting the west side of <br />Alvarado Street between Davis and Antonio Streets it does <br />not presently own, the City will undertake all proceedings <br />necessary to vacate that portion of Alvarado Street between <br />Davis and Antonio Streets it has not previously vacated, <br />without charge to Caterpillar Tractor Co. <br />2. Sanitary sewer in Alvarado Street. Instead of reconstructing <br />the existing sanitary sewer in Alvarado Street between Davis <br />and Antonio Streets, the City will construct, within a <br />reasonable period of time, a replacement sanitary sewer in <br />a different location, mutually satisfactory to Caterpillar <br />Tractor Co. and the City. Caterpillar Tractor Co. will pay <br />to the City an amount representin-- the difference between <br />(a) the cost of constructing the relocated replacement <br />sanitary sewer, and (b) the estimated cost of rebuilding <br />the sanitary sewer in its present location. The estimated <br />cost referred to in (b) shall be determined at the tine the <br />contract for the work referred to in (a) is a .,arded. Vraen <br />the replac-,ment sanitary se::-er is placed in service, the <br />Citv ill t:�'ce a�nronriaie action to trans` ar its ri stit, <br />title' << t in tl.e r:,iS�a, sanitar, s .gar it <br />d interest . <br />Alvarado Street between Davis and Antonio Streets to <br />Caterpillar Tractor Co. without charge. <br />3. Storm se�,,er in Antonio Street. Upon completion of a cour_t�r <br />flood control project, designated P-15-1, the City will have <br />no further need for the storm seer located in Alvarado Street <br />between Davis and Antonio Streets. Uhen this occurs, the City <br />