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i <br /> SANITARY SEWER REIMBURSEMENT AGREEMENT <br /> This Sanitary Sewer Reimbursement Agreement ("Agreement") is entered into this <br /> 15th day of February , 2001, by and between the Town of Los Altos Hills, a <br /> municipal corporation of the State of California ("Town") and Lynn Anne Moran Goese <br /> Olcott ("Property Owner"). <br /> RECITALS: <br /> A. Property Owner constructed a sanitary sewer extension commonly known as <br /> the Vista Serena Sanitary Sewer Extension ("Sanitary.Sewer Extension") within the Town <br /> as more particularly shown on Exhibit A attached hereto. <br /> B. Section 6-4.503 of the Town's Municipal Code allows the Town to enter into <br /> a reimbursement agreement with a property owner so that the property owner may be <br /> reimbursed for some of the costs of a sanitary sewer extension by future users of the <br /> extension. <br /> C. After due consideration of all relevant factors such as the location and nature <br /> of the Sanitary Sewer Extension, the area to be served by the Sanitary Sewer Extension, <br /> the developable areas potentially served by the Sanitary Sewer Extension and the volumes <br /> of sewage, the City Engineer has found and determined, after proper application by <br /> Property Owner, that the Sanitary Sewer Extension will benefit not only the lands of <br /> Property Owner, but also other lands which may be served by the Sanitary Sewer Extension <br /> at a future date ("Future Users"). The lands of the Future Users which may be served by <br /> the Sanitary Sewer Extension in the future are more particularly set forth in Exhibit B <br /> attached hereto. <br /> D. Town and Property Owner now desire to provide for reimbursement to <br /> Property Owner by each Future User for their pro-rata share ("Usage Fee") as shown in <br /> Exhibit B attached hereto. Town and Property Owner acknowledge that the total amount <br /> 1 N:\DATA\Clients\L\LAH\Projects\Olcott\SewReimb.AGM <br />