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80A - JOINT PH - TRANSIT ZONING CODE, FINAL EIR, SPECIFIC PLAN ETC. - ORIGINAL PACKET PROVIDED TO COUNCIL
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80A - JOINT PH - TRANSIT ZONING CODE, FINAL EIR, SPECIFIC PLAN ETC. - ORIGINAL PACKET PROVIDED TO COUNCIL
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7/26/2016 5:25:48 PM
Creation date
6/4/2010 6:06:42 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
6/7/2010
Destruction Year
2015
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20, Gov i -ning Law, Homebuyer hereby agrees to comply with all ordinances, rL11es <br />and regulations of Agency and the City. Nothing in this Restriction is intended to e, nor shall it <br />be deemed to be, a waiver of any City ordinance, rule or regulation. This Restriction shall be <br />governed by the laws of the State of California, Any legal action brought under this Restriction <br />trietion <br />must be instituted in the Superior Court of the County of Orange, State of California, or in the <br />Federal District Court in the Central District of Califomia, Santa Ana Division. <br />21. Amendment of Restriction. No modification, rescission, waiver, release or <br />amendment of any provision of this Restriction shall be ina e except a written agreement <br />executed by Ho ebuyer and Agency. <br />Agency May Assign. Agency may, at its option, assign its rights hereunder <br />without obtaining the consent of Homebuyer. <br />23, I ont buyer• Assignment Pi- obibited, in no event shall Homebuyer assign or <br />transfer any portion of this Restriction without the prior express written consent t f Agency, <br />which consent shall be given by Agency only in the event that Agency determines that the <br />assignee or transferee is a Moderate Income Household, that the assignee's or transferee's <br />monthly housing payments are at an Affordable le Horsing Cost, and that the assignee or transferee <br />has expressly assumed this Restriction by execution of a written assignment document to be <br />provided by Agency. This section shall not affect or diminish Agency's right to assign all or any <br />portion of its rights hereunder. <br />4. Notices. Any notices, requests or approvals given under this Restriction from one <br />party to another may be personally delivered or deposited with the United States Postal Service <br />for mailing, postage prepaid, registered or certified mail, return receipt requested to the following <br />address: <br />To om bu r: <br />To Agency: <br />Community Redevelopment Agency <br />of the City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: Agency Executive Director <br />Either patty may change its address for notice by giving written notice thereof to the <br />other party. <br />25, Attorneys' Fees and Costs. In the event that any action is instituted to enforce <br />payment or performance under this Restriction, the parties agree the non-prevailing party shall be <br />EXHIBIT D- TO ATTACHMENT NO. I I <br />Affordable Housing Resale Restriction <br />D OCSOC/ 1400673 %,13/200272 -0001 <br />
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