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mURCORP llc Commercial Rehabilitation Loan & Grant Agreement 20230531
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mURCORP llc Commercial Rehabilitation Loan & Grant Agreement 20230531
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7/12/2023 10:33:35 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
6/20/2023
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1 <br /> <br />COMMERCIAL REHABILITATION LOAN & GRANT AGREEMENT <br />(Outdoor Facilities Grant Program) <br /> <br /> This Commercial Rehabilitation Loan & Grant Agreement (this “Agreement”) is <br />entered into effective as of May 31, 2023 (the “Effective Date”) by and between <br />MURCORP LLC, DBA DANNY MURRY’S IRISH PUB (the “Owner”) a California limited- <br />liability company, and the City of San Leandro, a California charter city (the “City”). City <br />and Owner are hereinafter referred to as the “Parties.” <br /> <br />RECITALS <br /> A. Owner owns the business at and is leasing a portion of the property located at <br />1680 Washington Ave, San Leandro, CA 94579 (the “Premises”) in the City of San <br />Leandro, known as Alameda County Assessor’s Parcel No. 77-545-55-2 as shown in in <br />Exhibit A. <br />B. The City offers a Commercial Rehabilitation Loan Program (the “Loan <br />Program”) pursuant to which the City provides loans for the rehabilitation of buildings <br />citywide to qualifying participants. <br />C. The City has established an Outdoor Facilities Grant Program (the “Grant <br />Program”) pursuant to which the City provides grants up to $25,000 in relief funds per <br />business for the transitioning of temporary outdoor operations to permanent code-compliant <br />outdoor operations. <br />D. Owner operates the Premises, and desires to construct certain improvements <br />for the benefit of the Premises. <br />E. Owner has requested, and City has agreed to provide a loan in the amount of <br />Twenty Thousand Dollars ($20,000) (the “Loan”) pursuant to the terms and conditions set <br />forth in this Agreement, for the purpose of construction of exterior and patio improvements <br />to be located on the Premises, all in accordance with Exhibit B attached hereto and <br />incorporated herein by this reference (the “Project”). <br />F. Owner has requested, and City has agreed to provide Outdoor Facilities <br />Grant funds in the amount of Twenty-Five Thousand Dollars ($25,000) (the “Grant”) <br />pursuant to the terms and conditions set forth in this Agreement, for the purpose of <br />construction of exterior and patio improvements to be located on the Premises, all in <br />accordance with the Project. <br />G. The City has determined that (i) the Premises and the Project meet the Loan <br />Program and Grant Program eligibility requirements, (ii) provision a loan and grant for the <br />Project are in the interests of the health, safety and welfare of the residents of the City of <br />San Leandro (“City”), and (iii) the Loan and Grant are necessary to make the Project <br />economically feasible. <br />DocuSign Envelope ID: 85AFD7DB-51EA-45B2-9809-AAE85EE33DC4
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