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i� <br />FIDELITY NATIONAL TITLE COMPANY <br />RECORDING REQUESTED BY <br />AND WHEN RECORDED RETURN TO: <br />City of Santa Ana <br />Clerk of the Council <br />20 Civic Center Plaza (M-30) <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />Attention: Cleric of the Council <br />Recorded in Official Records, Orange County <br />Hugh Nguyen, Clerk -Recorder <br />IIIIIII JIIIIJIII 111I11111II111111IIII11111I1[IIIIIIIII111[1111IIIIIIIII NO FEE <br />*$ R 0 0 1 3 7 6 8 3 0 5 $* <br />2022000201520 9:32 am 06102/22 <br />214 603A R29 26 <br />0.00 0.00 0.00 0.00 76.00 0.00 0.000.000.00 0.00 <br />SPACE ABOVE THIS LINE FOR RECORDING LSE <br />FREE RECORDING REQUESTED <br />[Government Code Section 6103] <br />A-2022-084-01 <br />INCLUSIONARY HOUSING PROGRAM <br />AFFORDABILITY RESTRICTIONS <br />ON TRANSFER OF PROPERTY <br />(2530 & 2534 Westminster Avenue, Santa Ana, California) <br />THESE INCLUSIONARY HOUSING PROGRAM AFFORDABILITY <br />RESTRICTIONS ON TRANSFER OF PROPERTY (the "Restrictions") are entered into <br />as of May 31, 2022, by and between and Westview House LP, a California limited <br />partnership ("Developer"), and the City of Santa Ana, a charter city and municipal <br />corporation ("City"). <br />RECITALS: <br />A. Developer is the owner of that certain real property located at 2530 and 2534 <br />Westminster Avenue ("Property"), located in the City of Santa Ana, more particularly <br />described in Exhibit A, which is attached hereto and incorporated herein by this reference. <br />B. The Developer and the City have entered into that certain Inclusionary Housing <br />Program Loan Agreement, dated on or about the date hereof ("Loan Agreement'), for the <br />purpose of providing eighty-four (84) units of housing that will be affordable to Extremely <br />Low Income and Low Income households ("Restricted Units"), with one un-restricted unit <br />reserved for an on -site manager, to which these Restrictions are attached as Exhibit F (any <br />capitalized tern that is not otherwise defined in these Restrictions shall have the meaning <br />ascribed to such term in the Loan Agreement), <br />C. The Loan Agreement provides, among other things, for the use of the Property for <br />affordable housing with all Restricted Units being restricted to Extremely Low Income and <br />Low Income households, at Affordable Rent(s). <br />D. The Loan Agreement contains certain provisions relating to the use of the Property. <br />Exempt from fee per GC27388.1 (a) (2); <br />Westview Horse <br />1 recorded concurrently In connection with <br />City Inclusionary Housing Pmgmm Affordability Restrictions on Transfer of Pivperty a transfer subject to the Imposition of <br />documentary transfer tax <br />