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10C Action 2009 0615
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10C Action 2009 0615
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Last modified
6/12/2009 9:55:42 AM
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6/12/2009 9:55:40 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/15/2009
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_CC Agenda 2009 0615
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0615
RDA Reso 2009-015
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
Reso 2009-094
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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4. To evidence Borrower's obligation to repay the Additional Loan, Borrower agrees <br />to execute the Additional Promissory Note substantially in the form attached hereto as Exhibit A <br />and incorporated herein by reference. <br />5. The Parties agree that the Additional Loan shall be secured by the City Deed of <br />Trust. <br />6. The Parties agree to execute and record the Amended Regulatory Agreement in <br />the Official Records of Alameda County substantially in the form attached hereto as Exhibit B <br />and incorporated herein by reference. <br />IN WITNESS WHEREOF, the Parties have each caused this First Amendment to Loan <br />Agreement to be duly executed as of the date first written above. <br />CITY: <br />CITY OF SAN LEANDRO, <br />a public body, corporate and politic <br />By: <br />Stephen L. Hollister, City Manager <br />Attest: <br />Marian Handa, City Clerk <br />Approved as to Form: <br />City Attorney <br />BORROWER: <br />ALAMEDA COUNTY ALLIED HOUSING PROGRAM, <br />a California nonprofit public benefit corporation <br />By: <br />Louis D. Chicoine <br />Executive Director <br />First Amendment to Loan Agreement <br />Mission Bell Apts. <br />1228487-4 <br />
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