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301.2 Developer's Obligation to Construct Improvements. Subject to all of <br />the other terms and conditions set forth in this Agreement, upon the purchase of a Phase, <br />Developer shall develop or cause the development of the improvements on the Sites in such <br />Phase in accordance with the Scope of Development, the City of Santa Ana's Municipal Code, <br />and the plans, drawings and documents submitted by Developer and reasonably approved by the <br />City as set forth herein. <br />301.3 Developer Fee. Subject to the terms and conditions of this Agreement, <br />Agency shall disburse to Developer the Developer Fee, in an amount equal to Fifty Thousand <br />($50,000.00) per Affordable Unit payable to Developer upon close of escrow with a qualified <br />Homebuyer. <br />301.4 Required Improvements. The Developer shall develop the <br />Improvements in accordance with the Scope of Development and the plans, drawings and <br />documents submitted by the Developer and approved by the City as set forth herein. The <br />Improvements shall generally consist of the construction of the following: <br />The proposed project consists of development of 17 single family dwelling units on 10 sites <br />scattered throughout the city. The project will be built in 3 phases. The homes will be attached <br />and will offer 3 and 4 bedrooms.. The homes will be sold to 7 low income and 10 moderate <br />income home buyers. The sales prices will range from approximately $166,000 to $385,000. <br /> No. of No. Beds AMI <br />Address Type of Unit Units 3 4 Low Mod <br />719 N. Concord Single Family 2 2 2 <br />812 N. Concord Single Family 1 1 1 <br />1314 Eastwood Single Family 1 1 1 <br />4809 W. Edinger Single Family 1 1 1 <br />4010 & 4030 W. McFadden Att. Single Family 5 2 3 4 1 <br />4030 & 4110 W. McFadden Att. Single Family 2 1 1 2 <br />1029 McLean Single Family 1 1 1 <br />1114 S. Cypress Single Family 2 1 1 1 1 <br />1121 S. Cypress Single Family 1 1 1 <br />717 E. T Single Family 1 1 1 <br /> Totals 17 9 8 7 10 <br />The homes shall consist of approximately 2 different plans consisting of 3 and 4 bedrooms, 1 '/2 <br />to 2 '/2 bathrooms and ranging in size from 1,300 sq. ft to 1,600 sq. ft. All homes shall have 2 <br />stories and a 2-car garage. A number of the homes will have covered entry porches and all will <br />have private yards with enclosure fencing or walls. <br />301 B. Agency's Obligations. Agency agrees to pay all fees related to the development <br />of the Houses, including but not limited to: transportation fees, school district fees, and <br />sanitation fees. <br />21 EXHIBIT 4 <br />8OA-36