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OB Reso 2012-1 Restate Loan Payment
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OB Reso 2012-1 Restate Loan Payment
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Last modified
12/13/2013 5:18:17 PM
Creation date
10/9/2012 9:32:54 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
5/10/2012
Retention
PERM
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Notwithstanding the foregoing, this Promissory Note and the interest to accrue hereon may also <br />be repaid from any other available funds of the Agency lawfully available therefore. Neither this <br />Promissory Note nor any interest therein may be transferred in any way without the consent of <br />the Agency, which consent shall not be unreasonably withheld. <br />This Promissory Note is subject to prepayment, in whole or in part, on any date. <br />This Promissory Note restates in full all of the obligations owing to the City by the <br />Agency with respect to the Alameda County — City of San Leandro ( "Joint ") Redevelopment <br />Project as of the date hereof. The City, by signing below, hereby accepts the restatement <br />contained in this Promissory Note. <br />G ARDA\PromissoryNote.doc 2 <br />
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