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10A Action 2012 0618
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10A Action 2012 0618
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Last modified
6/28/2012 8:34:37 AM
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6/12/2012 4:56:08 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/18/2012
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_CC Agenda 2012 0618 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0618
Reso 2012-073
(Reference)
Path:
\City Clerk\City Council\Resolutions\2012
Reso 2012-074
(Reference)
Path:
\City Clerk\City Council\Resolutions\2012
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Recording requested by <br />and when recorded mail to: <br />City of San Leandro <br />835 East 14 Street <br />San Leandro, CA 94577 <br />Attn: City Manager <br />EXEMPT FROM RECORDING FEES PER <br />GOVERNMENT CODE &66103. 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 City of San <br />Leandro, a municipal corporation ( "City ") effective as of , 20 <br />RECITALS <br />A. City and Alameda Housing Associates, L.P., a California limited <br />partnership ( "Owner ") entered into that certain Amended and Restated Owner <br />Participation and Loan Agreement (the "OPK) dated as of June 18, 2012 concerning <br />the redevelopment of certain real property located in the City of San Leandro, California <br />and 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 />B. Pursuant to Section 3.15 of the OPA, the City 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 City has determined that the development of the Project has been <br />satisfactorily completed in accordance with the OPA. <br />NOW, THEREFORE, City 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 />1902312.1 <br />
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