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<br />(iT3:J) <br /> <br />~TY OF REDWOOD CITY <br />Redwood City, California <br /> <br />PART III <br /> <br />PROPOSAL <br /> <br />City of Redwood City <br /> <br />LEASE OF CITY OWNED LAND <br /> <br />TO THE HONORABLE CITY COUNCIL <br />City of Redwood City, California <br /> <br />Dear Council Members: <br /> <br />The undersigned, <br /> <br />as bidder, <br /> <br />hereby certifies that he has <br /> <br />examined the premises proposed to be leased, <br /> <br />(property adjacent <br /> <br />to the intersection of Cedar Street and Hilton Street) and the <br /> <br />proposed Lease Agreement entitled <br /> <br />IILease of City Owned Land," <br /> <br />presently on file in the office of the City Clerk and approved by <br /> <br />the <br /> <br />Council <br /> <br />of <br /> <br />the <br /> <br />City <br /> <br />of <br /> <br />Redwood <br /> <br />City <br /> <br />by <br /> <br />Resolution <br /> <br />No. <br /> <br />, the Instructions to Bidders, and all lease documents on <br /> <br />file therewith, <br /> <br />and fully understands the terms and conditions <br /> <br />thereof, and hereby proposes to lease the aforementioned property <br /> <br />from the City of Redwood City for the term specified therein <br /> <br />subject to the following additional conditions: <br /> <br />1. <br /> <br />Lessee is a non-profit corporation. <br />non-profit status is attached. <br /> <br />Proof of such <br /> <br />2. <br /> <br />Lessee has prior experience in the operation of <br />similar homes for affordable shared living. The <br />attached statement indicates such experience. <br /> <br />3. <br /> <br />Lessee has the financial capability to complete <br />construction of the Lessee I s improvements wi thin <br />eighteen (18) months from the date of execution of <br />this agreement. Attached is evidence of Lessee's <br />financial capability, and an anticipated <br />construction schedule. <br /> <br />The undersigned agrees to execute the lease <br /> <br />agreement <br /> <br />within ten days after acceptance of the bid. <br /> <br />DATED: <br /> <br />BIDDER. <br /> <br />"TT <br />