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Loan Agreement <br />San Leandro and Citizens' Housing Corporation <br />Page 12 of 12 <br />SECTION 7.08 PROJECT ASSURANCES <br />The Developer hereby assures and certifies that he or she will comply with all regulations, policies, <br />guidelines and requirements as they relate to the City of San Leandro program for disbursement of HOME <br />Funds and to those requirements imposed by the City of San Leandro and the Federal sponsoring agency <br />concerning special requirements of law, program requirements, and other administrative requirements. <br />SECTION 7.09 BORROWER NO AGENT <br />Except as City may specify in writing, Developer shall have no authority, express or implied, to act on <br />behalf of City in any capacity whatsoever as an agent. Developer shall have no authority, express or <br />implied, pursuant to this Agreement to bind the City to any obligation whatsoever. <br />SEGTION 7.10 PRIOR AGREEMENTS SUPERSEDED <br />This Agreement together with the Exhibits incorporated herein constitute the only agreement of the parties <br />and supersedes any prior understandings or written or oral agreements between the parties respecting the <br />subject matter of this Agreement. <br />IN WITNESS WHEREOF, the parties hereto have each caused this Agreement to be duly executed as of <br />the day and the year first written above. <br />City of San Leandro <br />anis, City Manager <br />San Leandro <br />Date: May 7, 2002 <br />Citizens Housing Corporation <br />r--- V" <br />Jame M. Buckley <br />Vice resident <br />Gitizens Housing Corporation <br />ATTEST: <br />G yle Pe en, City Clerk <br />Javapolf,Anrsw113610011AGR~E120021CitizenslCitizens Loan Agreement 2 041502.doc <br />APPROVED AS TO FORM: <br />Lian . Randolp , Ci Attorney <br />12 <br />