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8b-024176 <br />0 <br />WHEREAS, Paragraphs 4 and 5 of the aforementioned Agency Grant <br />Deeds contain conditions subsequent providing said Agency the right to <br />repurchase, reenter, reposses and revest in event of violation of the <br />provisions in said Deeds and DDA after conveyance and prior to <br />recordation of the Certificate of Completion; <br />NOW, THEREFORE, Agency and Redeveloper agree: <br />1. The Agency does hereby certify that the construction and <br />development have been fully and satisfactorily performed and completed <br />on the real property described in Exhibits "A" and "B". <br />2. Said conditions subsequent in the Grant Deeds have been fully <br />and satisfactorily performed and are of no further force or effect by <br />reason thereof. <br />3. That all sums, fees and expenses required by the terms of <br />said DDA, including, but not limited to, such obligations arising <br />from the Adjustment of the Initial Disposition Price, have been <br />tendered to the Agency and receipt thereof is hereby acknowledged by <br />the Agency. <br />4. Redeveloper does hereby acknowledge that all monies paid to <br />Agency by Redeveloper have been paid in accordance with the provisions <br />of the DDA and that no claim, refund, offset as reimbursement of <br />whatsoever nature shall he filed by Redeveloper against Agency for any <br />act or omission under the terms and conditions of the DDA. <br />IN WITNESS WHEREOF, the Agency has executed this Certificate. <br />DATED: <br />Acknowledgement: <br />Acknowledgement: <br />REDEVELOPMENT AGENCY OF THE CITY OF <br />SAN LEANDRO <br />VALANCE GILL, Chairman <br />ACCEPTED <br />SAN LEANDRO PLAZA ASSOCIATES, a <br />Limited Partnership, by Hahn <br />I <br />cor a Califor a Corporation, <br />e a pa ner <br />Its: <br />-2- <br />