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A CAPITAL IMPROVEMENTS AGREEMENT <br />COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS <br />(ALTA MIRA CLUB) <br />THIS AGREEMENT is made at San Leandro, California, as of August 5, 1996, by and <br />between the CITY OF SAN LEANDRO, a municipal corporation ("City"), and ALTA MIRA <br />CLUB, a California non-profit corporation ("Recipient"), who agree as follows: <br />1. SERVICES. Subject to the terms and conditions set forth in this Agreement, <br />Recipient shall undertake the Capital Improvements ("Work") described in Exhibit A. <br />Recipient shall provide for said Work on the Peralta Home, 561 Lafayette Avenue, San <br />Leandro, California, ("property") at the time, place and in the manner specified in Exhibit A. <br />Recipient shall not commence said Work nor shall it be entitled to any payment for said Work <br />until it has received written notice from the City that the City has received Housing and Urban <br />Development (HUD) CDBG funding for the 1996-97 Fiscal Year. <br />2. PAYMENT. City shall provide funds to the Recipient for Work performed <br />pursuant to this Agreement at the time and in the manner set forth in Exhibit B. The amounts <br />specified in Exhibit B shall be the only payments to be made to Recipient for Work performed <br />pursuant to this Agreement. Recipient shall submit all billings for said Work to City in the <br />manner specified in Exhibit B; or, if no manner be specified in Exhibit B, then according to <br />the usual and customary procedures and practices which Recipient uses for billing clients <br />similar to City. Notwithstanding any other language set forth in this agreement, City shall not <br />be responsible for any payments to the Contractor in the event that the City fails, for any <br />reason, to receive CDBG funds from HUD. <br />Agreement <br />Page 1 of 3 <br />