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TENANT RELOCATION ASSISTANCE AGREEMENT <br />1. Parties. <br />This Tenant Relocation Assistance Agreement (the <br />"Agreement") dated for identification purposes January 25, <br />1983, is entered into by and between the City of Santa Ana, <br />a municipal corporation of the State of California ("City") <br />and Hearthstone Investment Co., a California limited partner- <br />ship ("Hearthstone"). <br />2. Recitals. <br />2.1 The Project. Hearthstone owns Hearthstone <br />Apartments, a one hundred twenty two (122) unit apartment <br />project (the "Project") located at 2231 East Santa Clara <br />Avenue, Santa Ana, California, more particularly described <br />as set forth on Exhibit "A" attached hereto and incorporated <br />herein by this reference. <br />2.2 Conversion. Hearthstone intends to convert <br />the Project from an apartment complex to a single phase resi- <br />dential condominium development. <br />2.3 The Map. City has approved Tentative Tract <br />Map No. 10948 (the "Map") in connection with the proposed <br />conversion of the Project into condominiums. <br />JLC51E <br />012683 <br />