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THRIVE SANTA ANA, INC. (3)
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THRIVE SANTA ANA, INC. (3)
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Last modified
8/3/2022 2:13:35 PM
Creation date
8/3/2022 2:11:58 PM
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Contracts
Company Name
THRIVE SANTA ANA, INC.
Contract #
A-2022-090
Agency
Community Development
Council Approval Date
6/7/2022
Expiration Date
6/18/2022
Destruction Year
2027
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the Limitations detailed in section 3.3.2 shall not apply to the Soil Remediation. Otherwise, <br />while conducting Soil Remediation on the Property, Developer shall be required to provide <br />Indemnity and Insurance, deliver a Completion Notice to the City, accept the Property "As - <br />Is," and comply with all other terms and conditions found in Sections 3.3.1 through 3.3.6. <br />4. Exhibit E, Ground Lease Section 2.7, Option to Purchase, shall be amended to prohibit <br />the exercise of the Option to Purchase by any party other than the original Tenant, THRIVE <br />Santa Ana, Inc. Specifically, if any bank or other third party acquires the leasehold rights <br />from Tenant through foreclosure, assignment, or any other means, this Option to Purchase <br />shall be void and removed from the Ground Lease. <br />5. Except as modified by this First Amendment, all terms and conditions of the DDA shall <br />remain in frill force and effect. <br />{signatures on following page} <br />2 <br />
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