Agmt 2000 Davis Street Community Center

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SECTION 3. TERM OF AGREEMENT The terms of this Agreement shall be for 30 years from execution of the Loan Agreement. At the end of this term or upon payment. in full of the loan amount set forth in the Capital Improvement Agreement, City shall discharge all obligations of Recipient. SECTION 4. USE OF PROPERTY Project shall be used as a Community Center operated by the Davis Street Community Center. The Center shall include services provided by Davis Street Community Center, including, but not limited to, a health clinic, a job training center, a thrift store, and a food bank. The Center shall include the administrative offices of Davis Street Community Center, Inc. Recipient shall comply with the Disposition and Development Agreement entered into between Recipient and the City of San Leandro Redevelopment Agency. These services may be modified as necessary to best serve low income residents in San Leandro and the surrounding areas, however, if any of the major services listed above are discontinued, the Center shall notify the Development Services Director in writing and provide information as to what services will be provided to replace any discontinued service. Failure to maintain the services listed above or substantially similar services shall constitute a default of this agreement. SECTION 5. PROPERTY MANAGEMENT The Recipient shall maintain the property in good condition, good repair, and free of trash, weeds, and other debris. No items shall be stored in those areas designated as open space or for parking. Recipient shall not substantially subtract from any real or personal property of the Project nor demolish any part of the Property without prior written approval from City, except normal maintenance and repair. City has the right to inspect the interior of the Property with forty-eight (48) hours advance notice and the exterior of the Property with no advance notice. Recipient shall be responsible for ensuring the Project's property management either by performing the services themselves or by hiring the services of a professional property manager. These responsibilities include processing financial statements, handling of receivables and payables, tenant selection, and compliance with the terms and conditions of the Regulatory Agreement. With City's approval, Recipient may perform the Project's property management or at the City's discretion, the City may require Recipient to hire the services of a professional property management company who will be responsible for the above services. City has the right to approve or disapprove of any proposed property management company. Recipient shall continue to hire such services until the City grants, in writing, approval to discontinue such services. City will give Recipient 30 days to resolve any failure to perform under this Section. Recipient shall be prohibited from using the Property for any uses prohibited by or in violation of the City ordinances or regulations. 2