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WHEREAS, Assignee desires to assume all rights and obligations of Successor Agency <br /> under the Housing Loan, the Note, the Deed of Trust and the Regulatory Agreement(collectively <br /> hereinafter the "Agreements") and Successor Agency desires to assign all rights and obligations <br /> of Agency under the Agreements to Assignee,pursuant to the terms of an Assignment <br /> Agreement presented to this board, substantially in the form attached as Exhibit A. <br /> NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br /> follows: <br /> Section 1. Approve the Assignment Agreement, substantially in the form attached as <br /> Exhibit A. <br /> Section 2. Authorizes the Executive Director to the Successor Agency to execute the <br /> Assignment Agreement and to take all actions and execute such other documents as may be <br /> necessary to carry out the intent of this resolution. <br /> Introduced by Councilmember Prola and passed and adopted this 5th day of October, <br /> 2015, by the following vote: <br /> Members of the Council: <br /> AYES: Councilmembers Cox, Lee, Lopez, Prola, Reed, Thomas; Mayor Cutter (7) <br /> NOES: None (0) <br /> ABSENT: None (0) <br /> , . <br /> ATTEST: � ik--.- <br /> Tamika Greenwood, City Clerk <br /> RESOLUTION NO.2015-174 2 <br />