Reso 1998-009 - Laserfiche WebLink

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Exhibit C Recording Requested By: City of San Leandro Redevelopment Agency 835 E. 14th Street San Leandro, CA 94577 When Recorded Mail To: S.L. Vanuatu Properties, L.L.C. c% John Pewther, Managing Partner 1111 Broadway, Suite 2150 Oakland, CA 94607 Mail Tax Statements to: S.L. Vanuatu Properties, L.L.C. c/o John Pewther, Managing Partner 111 I Broadway, Suite 2150 Oakland, CA 94607 GRANT DEED For valuable consideration, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO, a public body, corporate and politic, of the State of California, herein called "Grantor", acting to carry out the Redevelopment Plan, herein called "Redevelopment Plan", for the Plaza 2 Redevelopment Project, herein called "Project", under the Community Redevelopment Law of Califoruia,'hereby grants to S. L. Vanuatu Properties, herein called "Grantee", the real property, hereinafter referred to as the "Property", described in the document attached hereto, labeled Exhibit 1 and incorporated herein by this reference. 1. The Property is conveyed subject to the Redevelopment Plan and pursuant to a certain Disposition and Development Agreement entered into by and between Grantor and Grantee as of January 20, 1998. The Disposition and Development Agreement is hereafter referred to as the "DDA," a copy of which is available in the City Clerk's office of the City of San Leandro. 2. Grantee covenants and agrees for itself, its successors, its assigns and every successor in interest that during construction and thereafter, Grantee, its successors and assigns shall devote the Property to the uses specified in the Redevelopment Plan for the remainder of its term, for the periods of time specified therein, and the DDA for the periods of time specified therein. Subject to the respective periods of time, the foregoing covenant shall run with the land. S.L. Vanuatu Grant Deed Page 1 of 4