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_ ��r, <br /> _ <br /> 07/27/2015 <br /> 7.3.A. - Page 51 <br /> ATTACHMENT B <br /> R�dwOOd <br /> City �°�"� <br /> [Date] <br /> Applicant <br /> Street Address <br /> Redwood City, CA 94063 <br /> Re: Redwood City Fire Safety First Pilot Program Loan Commitment Letter <br /> Dear Applicant: <br /> Pursuant to the provisions of the City of Redwood City Fire Safety First Pilot <br /> Program (the "Program"), this Letter, if countersigned and returned by you within five (5) <br /> business days from the date of this Letter, shall constitute your Program Loan <br /> Commitment Letter� as defined under the Program. You have shown to the City's <br /> satisfaction that the proposed cost for design, purchase and/or installation of an <br /> Automatic Sprinkler System for your Eligible Building specified herein is reasonable and <br /> eligible for reimbursement through a Program Loan in the amount stated herein and that <br /> you have not recently imposed an unusual rent increase on the tenants in the Eligible <br /> Building based on the Program criteria. <br /> This Letter, if countersigned and returned by you within five (5) business days from <br /> the date of this Letter, constitutes your assurance that Program Loan Funds will be <br /> reserved for your Program Loan in the amount and until the Program Loan Commitment <br /> Expiration Date specified herein. Provided you complete the requirements specified <br /> herein, then a Program Loan in the amount specified herein will be provided to you. <br /> ' All capitalized terms not defined in this Letter have the same meaning as in Resolution , adopted <br /> by the City Council on May_, 2015. <br /> ATTY/RES0.3085/CC RE50 RWC FIRE SAFETY FIRST PILOT PROGRAM ATTACHMENT B—LOAN COMMITMENT LETTER <br /> REV:07-22-15 VR <br /> Page 1 of 3 <br /> OAK#4849-7105-8981 v1 <br /> 05674-0002 <br /> 45 RESO.#15428 <br /> MUFF#705 <br />