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5. This Memorandum shall be interpreted and enforced in accordance with California <br />law without regard to principles of conflict of laws. <br />6. The OPA shall bind and inure to the benefit of the Parties and their respective <br />successors and assigns. <br />IN WITNESS WHEREOF, the parties hereto have executed this Memorandum as of <br />the date first set forth above. <br />OWNER: <br />Scribner Family Partnership, Ltd. <br />a California Limited Partnership dba <br />Scribner Properties <br />By: Garvco Management, LLC <br />a California limited liability company <br />Its: General P rtri <br />By: <br />obert H. Scribner, Manager <br />AGENCY: <br />REDEVELOPMENT AGENCY <br />OF THE CITY OF SAN LEANDRO <br />Stephen L. Hollister, Executive Director <br />Attest: <br />~~~ <br />Marian Handa, Agency Secretary <br />Appr ved as to form: <br />l <br />/L_Jayne Williams, Agency Counsel <br />SIGNATURES MUST BE NOTARIZED. <br />r i~z39s-~ 32 <br />Commercial Rehabilitation Loan Program <br />Owner Participation and Loan Agreement <br />Form: 12-3-08 <br />