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GROUND LEASE
City of Pleasanton
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CITY CLERK
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LONG TERM AGREEMENT
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RIDGE VIEW COMMONS
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GROUND LEASE
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Last modified
1/31/2011 2:27:29 PM
Creation date
1/21/2010 4:33:23 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
6/1/1988
LONG TERM AGREEMENTS - NAME
GROUND LEASE
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
RIDGE VIEW COMMONS
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City of Pleasanton, California <br />Willow Glen Senior Citizen Housing Project <br />CHFA Multifamily Revenue Bonds <br />0 <br />Units Units <br />1 Bedroom 4.5% — 9 @ 30% of 40% <br />31.S% — 63 @ 30% of 55% <br />54.0% 108 @ 30% of 80% <br />2 Bedroom 0.5% — 1 @ 30% of 40% — <br />3.5% — 7 @ 30% of 55% — <br />5.0% — 10 @ 30% of 80% — <br />1.0% — 2 @ Managers' Units — <br />200 <br />* Adjusted for Family Size. <br />EXHIBIT "C" <br />TO GROUND LEASE <br />BREAKDOWN OF PROJECT RENTS <br />Income Levels <br />for Rental Rate <br />Determination <br />Total Annual Income: <br />Monthly <br />Rent <br />Per Unit * <br />$283 - <br />- $327 - <br />- $514 - <br />$322 - <br />$370 - <br />$589 - <br />$0 - <br />Revised <br />Monthly <br />Rent, Units <br />of this Type <br />$2,547 <br />$20,601 <br />$55,512 <br />$322 <br />$2,590 <br />$5,890 <br />$0 <br />$87,462 <br />$1,049,544 <br />05/03/88 <br />
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