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RES 2026001
City of Pleasanton
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RES 2026001
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4/20/2026 4:47:11 PM
Creation date
2/2/2026 9:44:59 AM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
1/20/2026
DESTRUCT DATE
PERMANENT
DOCUMENT NO
RESO 2026-001
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Lease Addendum - U.S.Department of Housing OMB Approval No.2502-0598 <br /> Multifamilyand Urban Development (Exp.9/30/2021) <br /> Office of Housing <br /> Public Reporting Burden for this collection of information is estimated to average 0.5 hours per response,including the time for <br /> reviewing instructions,searching existing data sources,gathering and maintaining the data needed,and completing and reviewing <br /> the collection of information. Response to this request for information is required in order to receive the benefits to be derived. <br /> This agency may not collect this information,and you are not required to complete this form unless it displays a currently valid <br /> OMB control number. While no assurance of confidentiality is pledged to respondents,HUD generally discloses this data only in <br /> response to a Freedom of Information Act request. <br /> Warning:Federal law provides that anyone who knowingly or willfully submits(or causes to submit)a document containing any <br /> false,fictitious,misleading,or fraudulent statement/certification or entry may be criminally prosecuted and may incur civil <br /> administrative liability. Penalties upon conviction can include a fine and imprisonment, as provided pursuant to applicable law,which <br /> includes,but is not limited to, 18 U.S.C. 1001, 1010, 1012;31 U.S.C.3729,3802,24 C.F.R. Parts 25,28 and 30, and 2 C.F.R.Parts <br /> 180 and 2424. <br /> Project Name: The Promenade I & II <br /> HUD Project No: <br /> THIS LEASE ADDENDUM is attached to and made part of that certain lease <br /> agreement entered into on the day of , 2025, between City of Pleasanton, <br /> California, a municipal corporation ("Landlord") and OAHS PROMENADES, LP, A <br /> CALIFORNIA LIMITED PARTNERSHIP ("Tenant") (collectively, the "Parties") (the <br /> "Ground Lease"). <br /> The Lease Addendum is required in connection with a mortgage loan insured by <br /> the U.S. Department of Housing and Urban Development ("HUD") for multifamily <br /> projects pursuant to the National Housing Act, as amended, found at 12 U.S.C. § 1701, <br /> et seq. ("Act"), and made by the following HUD-approved lender, Berkadia <br /> Commercial Mortgage LLC, a Delaware limited liability company ("Lender"). The <br /> insured loan is secured by a Security Instrument on the leasehold estate set forth in the <br /> Ground Lease. <br /> The definition of any capitalized term or word used in this Lease Addendum and <br /> not otherwise defined can be found in the Security Instrument and/or Note between <br /> Lender and Tenant; or the Regulatory Agreement between Tenant and HUD. The <br /> terms "HUD" and "Lender" as used in the Lease Addendum shall also include their <br /> successors and assigns, and the Tenant is the same legal entity as the Borrower under <br /> the Security Instrument. All references to "days" in this Lease Addendum shall mean <br /> calendar days. <br /> 4936-61)57-3568 v3 <br />
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