RDA Agmt 2001 Lavery California Dealership Properties No. 1 LLC

Home

EXHIBIT B Recording Requested By: City of San Leandro Redevelopment Agency 835 East 14" Street San Leandro, CA 94577 When Recorded Mail to and Mail Tax Statements to: Frederick A. Lavery, Jr. Lavery California Dealership Properties No. 1 LLC 34602 Woodward Avenue P.O. Box 3017 Birmingham, Michigan 48009 GRANT DEED For valuable consideration, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO, a public body, corporate and politic (herein called "Grantor"), acting to carry out the Alameda County - City of San Leandro Redevelopment Plan, which was approved and adopted on July 12, 1993, by the Board of Supervisors of -the County of Alameda by Ordinance No. 0-95-5, as amended, and by the City Council of the City of San Leandro by Ordinance No. 93-012, as amended (herein called "Redevelopment Plan"), under the Community Redevelopment Law of California, hereby grants to Lavery California Dealership Properties (herein called "Grantee") a portion of the real property commonly known as 467, 505, 517 Marina Boulevard, City of San Leandro, State of California, more particularly described in the attached Exhibit 1 and incorporated herein by reference and made a part hereof the same as if particularly set forth herein. Hereinafter this aforedescribed property shall be referred to collectively as "the Property." 1. The Property is conveyed subject to the Redevelopment Plan and pursuant to that certain Disposition and Development Agreement entered into by and between Grantor and Grantee as of September 17, 2001. The Disposition and Development Agreement is hereafter referred to as the "DDA," a copy of which is available in the City Clerk's office of the City of San Leandro and an abstract of which has been recorded along with this Grant Deed. 2. Grantee covenants by and for itself, and any successors in interest, that there shall be no Grant Deed 467, 505, 517 Marina Boulevard Page 1