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ENVIRONMENTAL OVERSIGHT AGREEMENT FOR THE REDEVELOPMENT AGENCY OF THE CITY OF STOCKTON CONTRACT NO. 1. INTRODUCTION This Environmental Oversight Agreement (Oversight Agreement) is made between the Redevelopment Agency of the City of Stockton (Redevelopment Agency), 425 N. EI Dorado, Stockton, California 95020, and the California Environmental Protection Agency, Department of Toxic Substances Control (DTSC). The Parties intend, by this Oversight Agreement, to establish a mutually beneficial working relationship and to cooperatively address Brownfields properties in the Waterfront Merger Redevelopment Project Area in the City of Stockton. The Redevelopment Agency and DTSC both share the mission to revitalize and reuse Brownfields properties to address known or perceived environmental contamination in order to- provide significant benefits to the economy and health of surrounding communities. DTSC is committed to working in partnership with communities to restore contaminated properties to productive use, while ensuring that cleanups are protective of public health and the environment. The Redevelopment Agency intends to eliminate blight by constructing infrastructure and public facilities, promoting improvements in commercial, industrial and residential areas, removing or alleviating the negative effects of hazardous substances, and improving, increasing and preserving the community's housing stock. This Oversight Agreement outlines a Scope of Work and a broad approach for DTSC to provide technical consultation and remediation oversight support. The intent of the Oversight Agreement is to establish a collaborative process that: 1. Provides a flexible process based upon the Redevelopment Agency's needs for a project; and 2. Ensures the investigation is conducted in an environmentally sound manner. For the Property covered by this Oversight Agreement, the Redevelopment Agency has proposed a Scope of Work that it believes addresses its particular needs depending on whether the Redevelopment Agency is seeking (1) only technical consultation from DTSC, or (2) DTSC assistance in cases where the Redevelopment Agency intends to proceed under the Polanco Act, Health and Safety Code section 33459 et seq., or other applicable laws as determined appropriate by DTSC.(Exhibit C). The Redevelopment Agency may request, and pay for DTSC services without any commitment to move forward with a project, a Property or a group of properties, and may request early consultation with DTSC, where desirable. 1.1. Purpose of Agreement. The purpose of this Oversight Agreement is to specify the process that will be used to evaluate the Property under this Oversight Agreement; and to provide a framework for the reimbursement of DTSC's oversight costs under the Polanco Redevelopment Act set forth in Health and Safety Code 2of31