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10B Action 2009 0406
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10B Action 2009 0406
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Last modified
4/3/2009 10:49:32 AM
Creation date
4/3/2009 10:49:24 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
4/6/2009
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PERM
Document Relationships
_CC Agenda 2009 0406
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0406
RDA MO 2009-001
(Reference)
Path:
\City Clerk\City Council\Minute Orders\2009
RDA Reso 2009-009
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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Recording requested by <br />and when recorded mail to: <br />f2edevelopment Agency of the City of San Leandro <br />835 East 14~h Street <br />San Leandro, CA 94577 <br />Attn: Executive Director <br />EXEMPT FROM RECORDING FEES PER <br />GOVERNMENT CODE §§6103. 27383 <br />Space above this line for Recorder's use. <br />CERTIFICATE OF COMPLETION <br />This Certificate of Completion (this "Certificate") is made by the Redevelopment <br />Agency of the City of San Leandro, a public body, corporate, and politic ("Agency") <br />effective as of , 20 <br />RECITALS <br />A. Agency and Alameda Housing Associates, L.P., a California limited <br />partnership ("Owner") entered into that certain Owner Participation and Loan <br />Agreement (the "OPA") dated as of , 2009 concerning the <br />redevelopment of certain real property located in the City of San Leandro, California and <br />more particularly described in Exhibit A attached hereto (the "Property"). A <br />Memorandum of the OPA was recorded in the Official Records of Alameda County <br />("Official Records") as Instrument No. ,Book ,Page <br />Capitalized terms used herein without definition shall have the meaning ascribed to <br />such terms in the OPA. <br />6. Pursuant to Section 3.15 of the OPA, the Agency is required to furnish the <br />Owner or its successors with a Certificate of Completion upon completion of <br />development of the Project in accordance with the OPA. <br />C. The Agency has determined that the development of the Project has been <br />satisfactorily completed in accordance with the OPA. <br />NOW, THEREFORE, Agency hereby certifies as follows: <br />1. Development of the Project has been satisfactorily completed in <br />conformance with the OPA. <br />2. All use, maintenance and nondiscrimination covenants contained in the <br />OPA shall remain in effect and enforceable in accordance with the OPA. This <br />Certificate does not constitute evidence of Owner's compliance with those covenants in <br />the OPA that survive the issuance of this Certificate, including without limitation, <br />compliance with the Affordable Housing Regulatory Agreement and Declaration of <br />Restrictive Covenants entered into pursuant to the OPA and recorded in the Official <br />Records as Instrument No. Book ,Page <br />118035]-2 <br />
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