SR 05:219 - Laserfiche WebLink

ATTACHMENT D CALIFORNIA HOUSING FINANCE AGENCY LOAN AGREEMENT Housing Enabled by Local Partnerships CalHFA Loan No. HELP- 020405-06 B. The Agency and the Borrower repayment of the HELP Loan. s expressed herein, the parties hereto This Loan Agreement (the "Agreement") is made and entered in by and between the City of Pleasanton, a municipal corporation (t Housing Finance Agency, a public instrumentality and political sub " Agency"). A, The Agency has authorized the making 0 the purpose of assisting the Borrower in operating a loca particularly described in the Borrower's loan application to Exhibit A attached hereto and incorporated 'by this referenc NOW, THEREFO agree as follows: orrower shall borrow and repay the HELP he Agency shall disburse the HELP Loan to the Borrower in scribed in Exhibit A which Exhibit is incorporated herein 3. (a) eceived, the Borrower agrees to pay to the order of the Agency the principal amount of oan, as described in Exhibit A, or so much thereof as may be disbursed by the Agency to the B er, or for its account, as provided herein. The Borrower also promises to pay to the order of the Ag y interest and other charges in the amounts and at or before the times herein provided. Notwithstanding any provision to the contrary in the Borrower's application or other Project information submittals, this Agreement shall be a general obligation of the Borrower and the source of funds utilized for repayment shall not be limited to any particular asset(s) of the Borrower. (b) The disbursements made pursuant to this Agreement shall accrue simple interest at the percentage rate per annum as specified in Exhibit A from the date that they are disbursed to the Borrower or for its account, until repaid, CalHFA HELP.LN.AGMT.MASTER 71l3/04,(AR) 1