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C. The Development Agreement contemplates, among other things, that the Owner <br /> will designate, design and improve 2.4 acres of publicly accessible privately owned open space <br /> adjacent to Spinas Park in conjunction with the first phase of development which includes Net <br /> New Development in accordance with the requirements of the Precise Plan, and execute and <br /> record this Easement Agreement. In addition, the owner(s) of the portion of the Property known <br /> as Blocks A-C (the "Maintenance Owner"), as depicted on Attachment 2 shall be required to <br /> maintain the easement area at its or their expense. <br /> D. As contemplated by the Development Agreement, City and Owner now desire <br /> that Owner grant to City an easement for use and enjoyment of the publicly accessible private <br /> open space by the general public and provide for the maintenance of such publicly accessible <br /> private open space, all as set forth below. <br /> EASEMENT AGREEMENT <br /> NOW THEREFORE, the parties agree as follows: <br /> 1. Grant of Easement. For valuable consideration, including the bene�ts and rights <br /> conferred upon Owner under the Development Agreement, Owner hereby grants and dedicates to <br /> the City an easement for use and enjoyment by the general public ("Easement") on, over and <br /> across that certain approximately 2.4 acres of real property located adjacent to Spinas Park, as <br /> described in Attachment 3 attached hereto and incorporated herein by reference ("Easement <br /> Area"). This Easement is not intended to be tantamount to fee simple ownership and Owner <br /> reserves all rights that are not inconsistent with, and that do not unreasonably interfere with the <br /> Easement granted hereby, including but not limited to Owner's right to use the Easement Area <br /> for storm water treatment and retention; for utilities serving Owner's lands outside the Easement; <br /> for access to utilities; for pedestrian paths crossing the Easement Area; for tree planting; and for <br /> commemoration of cultural resources. This grant of Easement conveys no rights affecting the <br /> use of Owner's lands that are not included in the Easement Area and Owner reserves the right to <br /> lands outside the Easement Area in any lawful manner. <br /> 2. Use and Closure. The public's right to use the Easement Area is limited to <br /> daylight hours. The Easement Area may be used by the general public for informal recreational <br /> uses, which may include lawn areas, pathways, planted areas, benches, common areas, green <br /> space and the like. The Easement Area shall be open to the public, at minimum, from dawn to <br /> dusk 7 days a week, provided, however, Owner may temporarily close the Easement Area for <br /> construction or other work of improvements or, in Owner's reasonable discretion, due to <br /> disruptive behavior of users or people visiting the Easement Area or safety concerns. Closures <br /> lasting longer than 10 consecutive days shall be subject to written City approval, which shall not <br /> to be unreasonably withheld. The right of the public to use the Easement Area is subject to <br /> compliance with rules established by Owner from time to time in consultation with City, as the <br /> same may be subsequently amended. Owner shall provide copies of any proposed rules to the <br /> City Manager and the City Manager shall have 30 days to review and approve or disapprove any <br /> rule, or portion thereof. If the City Manager fails to approve or disapprove any rule within the 30 <br /> day period, Owner may send a second notice to City indicating that City's failure to approve or <br /> disapprove such rule within 10 business days following the date of delivery of the second notice <br /> shall be deemed City's approval of the proposed rule. City's subsequent failure to approve or <br /> EXHIBIT D <br /> 2 <br /> ATTY/AGR/2013.134/STANFORD DEVELOPMENT AGREEMENT <br /> REV: 08-14-13 PT <br />