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LAW OFFICES <br /> GILCIIRIST RUTTER <br /> PROFESSIONAL CORPORATION <br /> Jennifer Pearce, Chairperson <br /> Arne Olson, Vice Chairman <br /> Commissioner Philip Blank <br /> Commissioner Anne Fox <br /> Commissioner Kathy Narum <br /> Commissioner Gregory M. O'Connor, Alternate <br /> Pleasanton Planning Commission <br /> January 21, 2009 <br /> Page 3 <br /> successor or assignee executes appropriate documents as reasonably <br /> required by Park Owner. <br /> For those residents who wish to continue to rent <br /> For non -low income residents who choose to continue to rent after the <br /> conversion the Park Owner agrees to abide by the rent stabilization <br /> agreement in effect at the time of conversion. <br /> California law grants park owners the right to subdivide their property, and provides all <br /> mobilehome park residents the opportunity to purchase the land beneath their homes. The <br /> residents of Vineyard Mobile Villa will be offered a choice to decide what is best for their <br /> families and their future, and now the Planning Commission has the opportunity to allow the <br /> members of this community that choice. <br /> Enclosed is an informational document of conversion basics to assist you with learning <br /> about Resident Ownership. We would be happy to answer any questions you have about the <br /> conversion process. If you would like to meet prior to the Hearing on January 28 please call me <br /> or Susy Forbath in my office to arrange a date /time, or we will also be available by telephone. <br /> Very truly yours, <br /> GILCH ST RUTTER <br /> Pro on.1 Corporation <br /> Richard H. Close <br /> For the Firm <br /> sfjo /168703_7.DOC/012109 <br /> 4640.001 <br /> Enclosure <br />