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SANITARY SEWER DEDICATION AND REIMBURSEMENT AGREEMENT This Sanitary Sewer Reimbursement Agreement ("Agreement") is entered into this day of 2021, by and between the Town of Los Altos Hills, a municipal corporation of the State of California ("Town") and Sotiria Trembois, the Whitney Kladde 2013 Joint Trust dated 6/21/2013, and the Lucile E. Leonard Revocable Trust dated 11/25/2019 (collectively, "Property Owners"). The Town and Property Owners are also referenced herein individually as "Parry" and collectively as "Parties." RECITALS A. Property Owners constructed a sanitary sewer extension commonly known as the Magdalena-Albertsworth Sanitary Sewer Main Extension within the Town's public right of way as more particularly shown on Exhibit A, attached hereto ("Sanitary Sewer Extension"). B. Section 6-4.503 of the Town's Municipal Code and the Town's Sanitary Sewer Reimbursement Policy dated June 7, 2001 permit the Town to enter into a reimbursement agreement with property owners so that the property owners may be reimbursed for the responsible portion of the costs of a sanitary sewer extension by future users of the extension as set forth in Exhibit B attached hereto. C. After due consideration of all relevant factors such as the location and nature of the Sanitary Sewer Extension, the area to be served by the Sanitary Sewer Extension, the developable areas potentially served by the Sanitary Sewer Extension and the residential unit flow of sewage, the City Engineer has found and determined, after proper application by Property Owner, that the Sanitary Sewer Extension will benefit not only the lands of Property Owner, but also other lands which may be served by the Sanitary Sewer Extension at a future date ("Benefiting Lands"). The Benefiting Lands are more particularly set forth in Exhibit B. The current and future owners of Benefiting Lands who later request a hook-up to the Sanitary Sewer Extension, or who are required by the Town to connect to the Sanitary Sewer Extension, shall be hereinafter collectively referred to as "Future Users". D. The Sanitary Sewer Extension is to be dedicated to the Town as public facility in the public right of way. E. The Town and Property Owners now desire to provide for reimbursement to Property Owners by each Future User for that Future User's pro -rata share of Sanitary Sewer Extension costs ("Usage Fee") as shown in Exhibit B, attached hereto. The Town and Property owners acknowledge that the total amount that the Property owners may be reimbursed for the Sanitary Sewer Extension is an amount totaling one hundred sixty-one thousand five hundred and thi -eight dollars ($161,538) ("usage fee"), subject to annual California Construction Cost Index ("CCCI") adjustments as set forth in Exhibit B. Resolution 52-21 Page 3