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<br />STATE OF NEW YORK
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<br />COUNTY OF NEW YORK
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<br />On October 31, 1996, before me personally appeared
<br />Jean M. Tomaselli, personally known to me to be the person
<br />whose name is subscribed to the within instrument and
<br />acknowledged to me that she executed the same in her
<br />authorized capacity, and that by her signature on the
<br />instrument, the entity upon behalf of which the person acted,
<br />executed the instrument.
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<br />WITNESS my hand and official seal
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<br />Description of Attached Document
<br />
<br />Title:
<br />
<br />Development Agreement between Flatirons Funding,
<br />Limited Partnership and the City of Redwood City,
<br />California.
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<br />Document Date: October, 1996
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<br />Signer is Vice-President of Flatirons Capital, Inc., the
<br />general partner of Flatirons Funding, Limited Partnership.
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