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IN WITNESS WHEREOF, Grantor and Grantee have caused this instrument to be executed <br />on their behalf by their respective officers thereunto duly authorized, this 20th day of January, 1998. <br />REDEVELOPMENT AGENCY OF THE <br />CITY OF SAN LEANDRO <br />John Jermanis, Executive Director <br />Approved as to form: <br />teven R. Meyers, Agency Counsel <br />Attest: <br />Gayle Petersen, Agency Secretary <br />The provisions of this Grant Deed are hereby approved and accepted. <br />S.L. VANUATU PROPERTIES. <br />John Pewther, Managing Partner <br />January 13, 1998 <br />F:\WPD\CSL\I36\01\AGREEWCCUTUNE\GRANT.DED <br />LMR <br />S.L. Vanuatu Grant Deed Page 4 of 4 <br />