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301.2 Developer's Obligation to Construct Improvements. Subject to all of the other terms and conditions set forth in this Agreement, upon the purchase of a Phase, Developer shall develop or cause the development of the improvements on the Sites in such Phase in accordance with the Scope of Development, the City of Santa Ana's Municipal Code, and the plans, drawings and documents submitted by Developer and reasonably approved by the City as set forth herein. 301.3 Developer Fee. Subject to the teirns and conditions of this Agreement, Agency shall disburse to Developer the Developer Fee, in an amount equal to Fifty Thousand ($50,000.00) per Affordable Unit payable to Developer upon close of escrow with a qualified Homebuyer. 301.4 Required Improvements. The Developer shall develop the Improvements in accordance with the Scope of Development and the plans, drawings and documents submitted by the Developer and approved by the City as set forth herein. The Improvements shall generally consist of the construction of the following: The proposed project consists of development of 17 single family dwelling units on 10 sites scattered throughout the city. The project will be built in 3 phases. The homes will be attached and will offer 3 and 4 bedrooms.. The homes will be sold to 71ow income and 10 moderate income home buyers. The sales prices will range from approximately $166,000 to $385,000. No. of No. Beds AMI Address Type of Unit Units 3 4 Low Mod 719 N. Concord Single Family 2 2 2 812 N. Concord Single Famil 1 1 1 1314 Eastwood Single Famil 1 1 1 4809 W. Edin er Single Famil 1 1 1 4010 & 4030 W. McFadden Att. Sin le Famil 5 2 3 4 1 4030 & 4110 W. McFadden Att. Single Famil 2 1 1 2 1029 McLean Sin le Famil 1 1 1 1114 S. C press Single Famil 2 1 1 1 1 1121 S. C press Single Family 1 1 1 717 E. 3r Single Famil 1 1 1 Totals 17 9 8 7 10 The homes shall consist of approximately 2 different plans consisting of 3 and 4 bedrooms, 1 1/2 to 21/2 bathrooms and ranging in size from 1,300 sq. ft to 1,600 sq. ft. All homes shall have 2 stories and a 2-car garage. A number of the homes will have covered entry porches and all will have private yards with enclosure fencing or walls. 301 B. Agency's Obligations. Agency agrees to pay all fees related to the development of the Houses, including but not limited to: transportation fees, school district fees, and sanitation fees. 21 EXHIBI'T' 4