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Reso 2022-063 Loan to Abode Communites for 72 Unit affordable housing dev
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Reso 2022-063 Loan to Abode Communites for 72 Unit affordable housing dev
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Last modified
12/21/2023 11:16:39 AM
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5/19/2022 11:19:47 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
5/2/2022
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9D Consent
(Approved)
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\City Clerk\City Council\Agenda Packets\2022\Packet 05022022
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EXHIBIT B <br />FORM OF CERTIFICATE OF COMPLETION <br />Recording requested by <br />and when recorded mail to: <br />City of San Leandro <br />835 East 14' Street <br />San Leandro, CA 94577 <br />Attention: City Clerk <br />EXEMPT FROM RECORDING FEES PER <br />GOVERNMENT CODE §§6103, 27383 <br />CERTIFICATE OF COMPLETION <br />Space above this line for Recorder's use. <br />CERTIFICATE OF COMPLETION <br />(15101 Washington Avenue) <br />This Certificate of Completion (this "Certificate") is made by the City of San Leandro, a <br />California charter city ("City") effective as of <br />RECITALS <br />A. City and WASHINGTON AVENUE, L.P., a California limited partnership <br />("Owner") entered into that certain Loan Agreement dated as of , 2022 (the "Loan <br />Agreement") regarding the development of a residential housing project on property located at <br />15101 Washington Avenue, San Leandro, California, also known as Assessor's Parcel Numbers <br />, as more particularly described on Exhibit A attached hereto and <br />incorporated herein (the "Property"). Capitalized terms used herein without definition shall <br />have the meaning ascribed to such terms in the Loan Agreement. <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 construction of <br />the Project, issuance of a final Certificate of Occupancy by the City, and written request in <br />accordance with the Loan Agreement. <br />C. The City has determined that construction of the Project has been satisfactorily <br />completed in accordance with the Loan Agreement. <br />NOW, THEREFORE, Agency hereby certifies as follows: <br />1. Development of the Project has been satisfactorily completed in conformance <br />with the Loan Agreement. <br />5055770.1 33 <br />
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