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• • . SUBDIVISION IMPROVEMENT AGREEMENT BETWEEN TOWN OF LOS ALTOS HILLS AND JACK E. HORTON AND NANCY JANE HORTON,AS TRUSTEES OF THE HORTON 1992 LIVING TRUST DATED NOVEMBER 20, 1992 FOR THE BLUE OAKS RIDGE SUBDIVISION THIS AGREEMENT dated "7 �/5 , 2006, is by and between the Town of Los Altos Hills, a general law city, ere' after designated"Town," and Jack E. Horton and Nancy Jane Horton, as Trustees of the Horton 1992 Living Trust Dated November 20, 1992,hereinafter designated"Subdivider." RECITALS 1. Subdivider has presented to Town for approval final Subdivision maps, hereinafter designated"Blue Oaks Ridge,"entitled Being a Resubdivision of Parcel 2, as shown upon that certain Parcel Map which was filed for record in Book 672 of Maps, at Pages 9 and 10, in Santa Clara County Records, and lying entirely within the Town of Los Altos Hills, California; and 2. Subdivider has requested approval of the maps prior to the construction and completion of improvements, including all streets, highways, and public ways and public utility facilities which are a part of, or appurtenant to,the Subdivision designated in the maps, all in accordance with, and as required by, the plans and specifications for all or any of the improvements in, appurtenant to, or outside the limits of the Subdivision,which plans and specifications are described in Exhibit A attached to and incorporated herein,hereinafter"plans"and are now on file in the Office of the City Engineer of the Town; and 3. The City Council of the Town of Los Altos Hills on July 13, 2006, adopted Resolution No. 5 '06 approving the map and accepting the dedications therein offered for street and highway purposes and public facility and utility easements, except for those dedicated to other agencies,persons,partnerships, _ associations or corporations, on the condition that Subdivider first enter into and execute this Agreement with Town and meet the requirements of the Resolution; and 4. This Agreement is executed pursuant to the provisions of the Subdivision Map Act of the State Of California and Title 9 of the Los Altos Hills Municipal Code. NOW, THEREFORE, for and in consideration of the approval of the maps and of the acceptance of the dedications and easements for street and highway purposes and public facility and utility easements therein offered, excepting those dedicated to other agencies, and in order to ensure satisfactory performance by Subdivider and Subdivider's obligations under the Subdivision Map Act and Title 9 of the Los Altos Hills Municipal Code the parties agree as follows: 1