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Additional Properties designated for For-Sale Units which are added to the Project pursuant to Section 207 hereof. The Affordable For-Sale Units shall be located within the For-Sale Portion of the Project. (b) "For Sale Unit(s) " means the Housing Unit(s) (inclusive of the Affordable For-Sale Units) that shall be constructed and developed on the For-Sale Portion of the Project pursuant to and consistent with the terms of this Agreement. A total of approximately twenty-four (24) For-Sale Units (plus any For Sale Units to be constructed on the Additional Properties) shall be constructed and developed by the Developer, inclusive of the Affordable For- Sale Units. (c) "Phase FS" shall mean the Phase 9 ction of the Project which shall include the development of apprq 44 enty-four (24) For-Sale units (inclusive of the Affordable For -.Safe Unitsgi. e For-Sale Portion of the Site. Specifically, Phase F.S"! dflFbe constructer ? !Ihin the area identified on the Site Map as "Lot B," "dt `F," and "Lot 4 " (d) "Phase R-2" shall mean the se of cQ#Aruction of tli` =project, which shall include the development ofappr? amaa Thirty-nine (39)l ntal Units on the Rental Po' f.the Property Td fiall include any Additional Properties designated for )x M42. which area ded to the Project pursuant to Section 207 hereof. Spe'e ically? . ase R-2 vvilli c. constructed within the area identified on the 9&Iv1ap asp` ; t2"LdV._, "Lot A," "Lot C," "Lot D," (e) "dental Porft ist of the P1` t t" means thatportion of the Project that desists of tK-111plental Units ~:The Rental Portion of the Project consists of sevdij: 7 IQt t entified d ~lhe Site Map and shall be constructed in two fffa separatehses (lhas_R-1 afcl'hase R-2). S? - Develope ' Condrtt > s of Clok Settlement Agreement. A new Subsection 204 2(o) dite DDA is herel added v-' ch shall read as follows: "(o) Se ment gYBement. Neither the Agency nor the City shalEft- in default of the Settlement Agreement dated as ,f April;;:- $, 2011 entered into by the City, Agency, lyelgpand certain other parties, including Friends of La oric Neighborhood, an unincorporated association." 6. Lot Merger. Section 303.2 of the DDA is hereby deleted and replaced in its entirety and with the following: "Lot Merger. On or prior to the dates of conveyance for Lot 1 (Phase R-1), and Lots 2 and 3 (in Phase R-2), respectively, the Agency shall cause a lot merger(s) pursuant to Santa Ana Municipal Code Sections 34-366 through 34-377 or other Subdivision Map Act compliance so as to combine all of the applicable parcels of the applicable Lots into a single parcel." 2 Exhibit 3 DOCSOC/1481239v3/200272-0001 8OA-209