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City of Santa Ana, having determined that Assignor has complied with the conditions set <br />forth in Section 2.5.1 of the Development Agreement, hereby acknowledges this Assignment and <br />acknowledges that Assignor, having satisfied the conditions to the release of a transferring Owner <br />set forth in Section 2.5.2 of the Development Agreement, shall be released from its obligations <br />under the Development Agreement. <br />CITY OF SANTA ANA, a California municipal law <br />corporation <br />In <br />Executive Director for the Planning <br />and Building Agency <br />{00056823-20} 2091/033267-0001 <br />13789670.2 a0V01100 -3- <br />