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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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'. Defiveu of Documents. Upon the close of the proposed <br />Transfer, Iomeb yer and Transferee, s feree, a applicable, shall provide the Agency with <br />copy o the final sales contract, settlement statement, escrow instructions', all <br />certificates required by this Section 4 and any other; documents Agency may <br />request,"' <br />4. The restrictions contained In the Affordable Housing Resale <br />Restriction commence upon the date on which Homebuyer acquires fee title to the <br />ropetty and terminate on the forty --fifth (45th) anniversary thereof. <br />5. The commonly known addresses for the Property is <br />6. The assessor's parcel numbers for the Pro el y is <br />7. The legal description of the Property is attached hereto as Attaehment <br />No. I and is incorporated herein by reference, <br />8. The Affordable Housing Resale Restriction, which includes the <br />affordability re ricti s referenced above, is expected to be submitted for <br />recordation in the Office of the Orange County Recorder contemporaneously with <br />this Notice of Affordability Restrictions. <br />rictions. <br />9. This Notice of Affordability Restrictions is intended merely to satisfy <br />the requirements o Chapter 690 of the CRL. The Homebuyer Loan Agreement <br />and the Affordable Housing Resale Restriction both remain in full force and effect <br />and are not amended or altered in any manner whatsoever; by this Notice of <br />Affordability Restrictions. <br />10. Capitalized terms shall have the meaning established under the <br />Homebuyer Loan Agreement (including all Attachments thereto) excepting only to <br />the extent as otherwise expressly provided under this Notice of Affordability <br />Restrictions. <br />11. Persons having questions regarding this Notice of Affordability <br />Restrictions, the Homeb yer Loan Agreement or the Attachments thereto <br />(including the Affordable Housing Resale Restriction) should contact Agency at its <br />offices 20 Civic Center Plaza, ., Santa Ana, California 92701, or such other* address <br />as may be designated by Agency from time to time). <br />ATTACHMENT No. 12 -4 <br />D SO / 100673v 1 3/200272 -000 <br />
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