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Recording requested by <br />and when recorded mail to: <br /> <br />City of San Leandro <br />835 East 14th Street <br />San Leandro, CA 94577 <br />Attn: City Manager <br /> <br />EXEMPT FROM RECORDING FEES PER <br />GOVERNMENT CODE §§6103, 27383 <br /> <br /> Space above this line for Recorder’s use. <br /> <br /> <br />CERTIFICATE OF COMPLETION <br /> <br /> This Certificate of Completion (this “Certificate”) is made by the City of San Leandro, a <br />municipal corporation (“City”) effective as of __________, 20___. <br /> <br />RECITALS <br /> <br /> A. City and San Leandro Senior Housing Associates, L.P., a California limited <br />partnership (“Owner”) entered into that certain Loan Agreement (the "Loan Agreement") dated <br />___, 2016, concerning the development of certain real property located in the City of San <br />Leandro, California and more particularly described in Exhibit A attached hereto (the <br />“Property”). A Memorandum of the Loan Agreement was recorded in the Official Records of <br />Alameda County (“Official Records”) as Instrument No._________, Book________, <br />Page_______. Capitalized terms used herein without definition shall have the meaning ascribed <br />to such terms in the Loan Agreement. <br /> <br /> B. Pursuant to Section 3.15 of the Loan Agreement, the City is required to furnish <br />the Owner or its successors with a Certificate of Completion upon completion of development of <br />the Project in accordance with the Loan Agreement. <br /> <br /> C. The City has determined that the development of the Project has been <br />satisfactorily completed in accordance with the Loan Agreement. <br /> <br /> NOW, THEREFORE, City hereby certifies as follows: <br /> <br /> 1. Development of the Project has been satisfactorily completed in conformance <br />with the Loan Agreement. <br /> <br /> 2. All use, maintenance and nondiscrimination covenants contained in the Loan <br />Agreement shall remain in effect and enforceable in accordance with the Loan Agreement. This <br />Certificate does not constitute evidence of Owner’s compliance with those covenants in the Loan <br />Agreement that survive the issuance of this Certificate, including without limitation, compliance <br />with the Affordable Housing Regulatory Agreement and Declaration of Restrictive Covenants <br />1902312.1 1 <br />144\259\1900469.1