Laserfiche WebLink
NOW, THEREFORE, in consideration of the faithful performance of the terms, <br /> conditions, covenants and promises set forth herein, the parties agree as follows: <br /> 1. Owner may continue to impose a rent increase on the residents as set forth in Article <br /> VI, Paragraphs A and B of the 2007 Agreement Providing for Stabilization of <br /> Mobilehome Space Rents. <br /> 2. Owner shall, in perpetuity, maintain, repair and replace all Capital Improvements in <br /> the Park, including those that exist today or any that are constructed in the future. <br /> 3. Within the next 60 months, Owner shall, at a minimum, initiate and pursue diligently <br /> to completion the following: <br /> 4. This Agreement is intended to benefit Owner, City and the residents of the Park. <br /> Every resident is deemed to be a third party beneficiary of this Agreement with the authority to <br /> enforce its provisions. <br /> 5. All notices shall be in writing and . as red in person or sent by first class mail, <br /> postage prepaid. Notices required to be give 1.• ity shall be addressed as follows: <br /> • <br /> City M. <br /> City of ' .santon <br /> 123 Mairet <br /> P.O. BoxS4 <br /> Pleasanton, CA 94566 <br /> Notices given to Owner shall be addressed as follows: <br /> Phililp Hoon <br /> P.A. Hoon & Company <br /> 1010 Sir Francis Drake Blvd. <br /> Kentfield, CA 94904 <br /> Owner may change such address by notice in writing to the City and thereafter notices shall be <br /> addressed and transmitted to the new address. <br /> 6. In the event that it becomes necessary for any party to bring a lawsuit to enforce any <br /> of the provisions of this Agreement, a court of competent jurisdiction may determine and fix a <br /> reasonable attorney fee to be paid the prevailing party. <br /> 7. This Agreement shall be recorded in Alameda County, shall run with the land and is <br /> binding on the heirs, successors and assigns of the parties hereto. <br /> 2 EXHIBIT <br />