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ATTACHMENT 2 PROMISSORY NOTE Exhibit A $732,548 Pleasanton, California 2020 1. Borrower's Promise to Pay. FOR VALUE RECEIVED. the undersigned HACIENDA BUSINESS PARK OWNERS ASSOCIATION ("Borrower") promises to pay to the City of Pleasanton, a municipal corporation ("City"), at 123 Main Street, P. 0. Box 520, Pleasanton, California 94566, Attn: Finance Department, or such other place as City may designate in writing, the sum of SEVEN HUNDRED THIRTY TWO THOUSAND FIVE HUN DRED AND FORTY EIGHT Dollars ($732,548) together with annually compounded interest of 2.72% paid in one hundred and twenty (120) monthly payments due not later than the first of each month commencing on January 1, 2020. A payment not made within thirty (30) business days of the due date is considered late and subject to a five percent (5%) penalty assessed only against the amount of the installment due. Borrower may prepay principal at any time without penalty. 2. No Waiver by City. Any failure by the City to pursue its legal and equitable remedies upon Borrower's default shall not constitute a waiver of the City's right to declare a default and exercise all of its rights under this Note. 3. Notices. All notices required in this Note shall be sent by certified mail, return receipt requested, express delivery service with a delivery receipt, or personal delivery with a delivery receipt and shall be deemed to be effective as of the date received, the date delivery was refused, or the date returned as undeliverable as indicated on the return receipt as follows: To Association: Hacienda Business Park Owners To City: Association City Manager Attn: General Manager City of Pleasanton 4305 Hacienda Drive, Ste 330 P.O. Box 520 Pleasanton, CA 94588 Pleasanton, CA The parties may subsequently change addresses by providing written notice of the change in address to the other parties in accordance with this Section.