Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />REL:adg <br />11/4/80 <br /> <br />RECORDING REQUESTED BY: <br />The Community Redevelopment Agency <br />of the City of Santa Ana <br /> <br />WHEN RECORDED, MAIL TO: <br /> <br />Community Redevelopment Agency <br />of the City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, CA 92701 <br /> <br />FIRST AMENDMENT TO PARTICIPATION AGREEMENT <br /> <br />THIS AGREEMENT, made and entered into this <br /> <br />day of <br /> <br />, 1980, by and between the <br /> <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CI~ OF SANTA ANA, a <br />public body, corpo.rate and politic (hereinafter referred to <br /> <br />as "Agency"), and MOHLER-VISTA, a general partnership <br /> <br />organized under the laws of the State of California <br /> <br />(hereinafter referred to as "Participant"), <br /> <br />W-I-T-N-E-S-S-E-T-H <br /> <br />Reci tal s: <br /> <br />A. Agency entered into a Participation <br /> <br />Agreement, dated February 19, 1980, with Participant by <br /> <br />which Participant undertook to develop a site therein <br /> <br />specified pursuant to the Redevelopment Plan of the Santa <br /> <br />Ana Redevelopment Project. Said agreement is recorded in <br /> <br />Book 13522, Page 1258, of the Official Records of Orange <br /> <br />County, and is hereinafter referred to as the "Participation <br /> <br />Agreement." <br /> <br />B. In accordance with the terms of the <br /> <br />:_Participation Agreement, Agency has proceeded with the <br /> <br />acquisition of the parcels identified in Section VII.D. of <br /> <br />tLe ca'rJ .,.,t-.,r,li.f?nt and has made calls for advances of funds <br />, <br />I <br />as therein provided, in the total amount of Seven Hundred <br /> <br />Twenty Seven Thousand Three Hundred Dollars ($727,300.00). <br /> <br />C. Participant has failed to provide Agency with <br /> <br />the advances of funds thus called for by Agency, in material <br /> <br />breach of Participant's obligation to do so under the <br /> <br />4It Participation Agreement. <br /> <br />11./"- <br /> <br />4B <br />