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DocuSign Envelope ID: 6BDE4B89-79B8-46EA-8CDF-7CO3E2572266 <br />EXHIBIT B <br />1. Potential Buyer has expressed intent to remove all structures at the property located <br />at 938 E. 2nd Street, Santa Ana, California, identified as Assessor's Parcel Number 398-473-10 <br />(the "Property"). Structures as defined herein means anything constructed or erected which <br />requires permanent location on the ground, or attached to something having permanent location <br />on the ground, including signs and billboards, but not including fences or walls used as fences, six <br />(6) feet in height or less. <br />2. Buyer shall remove all structures on the Property within three (3) months of the <br />close of escrow. The City Manager or their designee may grant additional three (3) month <br />extensions if the Buyer can demonstrate that significant progress, as determined at the City's <br />discretion, is being made towards removing the structures on the Property. <br />3. If Buyer is unable to remove all structures as provided in paragraphs 1, Buyer <br />agrees, at its own costs, to perform the following: <br />(a) Submit all necessary plans and obtain any and all permits from the City for the installation <br />of a block wall within sixty (60) days from the expiration of time allowed for compliance, <br />including any extension periods granted pursuant to paragraph 2. Buyer shall complete <br />all required work within ninety (90) days of the issuance of permits. The City Manager <br />or their designee may grant additional one (1) mouth extensions if the Buyer can <br />demonstrate that significant progress, as determined at the City's discretion, is being made <br />towards construction of the wall. The wall shall be built by Buyer in accordance with <br />paragraph 4. <br />(b) Submit all necessary plans and obtain any and all permits from the City, including seal and <br />signature of a licensed structural engineer, for the repair of the fire damaged structure on <br />the Property within eight (8) months of the close of escrow. Pursuant to the latest adopted <br />version of the City of Santa Ana's Design Guidelines for industrial zones, a building <br />constructed solely of corrugated metal would not be allowed. Therefore, the repair of the <br />fire -damaged structure shall include the addition of solid building materials (i.e. masonry, <br />concrete texturing, cement or plaster building with windows and articulation in the design). <br />(Citywide Design Guidelines Chapter 11.) <br />(c) Submit all necessary plans and obtain any and all permits from the City, including seal and <br />signature of a licensed structural engineer, for the repair of dock area located in the north- <br />west corner of the Property within three (3) months from the close of escrow. <br />(d) Remove all abandoned, wrecked, dismantled or inoperative vehicles and semi -trailer <br />containers from the Property within (1) month of the close of escrow. <br />(e) Remove or properly store all items including tires, metal scraps, vehicle parts, equipment, <br />etc. on the Property within (3) months of the close of escrow; <br />(f) Removal all dead and overgrown vegetation, including all Palm Trees on the Property <br />within four (4) months of the close of escrow. <br />4. Block Wall Requirements. The block wall shall be at least eight feet tall around <br />the perimeter of all 4 parcels of the Property that are violating Santa Ana Municipal Code (SAMC) <br />Sections 8-1951(c) and 41-473(c). A greater height may be required depending on the height of <br />materials stored on the Property. The materials, products or equipment stored outdoors shall not <br />10 <br />