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<br /> <br /> <br /> <br /> <br /> <br /> damage. <br /> <br /> (54) Disclosure and release: CC&R's shall provide notice to prospective <br /> owners of the urban character of the City and this area, including but not <br /> limited to the permitted uses of the property and buildings in the immediate <br /> area of the development (e.g., MacArthur Place, Griffin Towers, and <br /> surrounding property zoned and/or devoted to commercial use), and shall <br /> provide a release of all claims against the City which may arise from or <br /> relate to the disclosed matters. <br /> <br /> (b5) Terms and Content: <br /> <br /> i. CC&R's are to be in effect in perpetuity. <br /> <br /> ii. Any proposed modifications to the CC&R's will require <br /> approval by the Agency's Executive Director. <br /> iii. CC&R's shall provide a significant financial penalty (i-.~; the <br /> aiaiim xi ~erl xii~c~itte .V ~ <br /> uuni rQ~4Y` 7 <br /> that shall be imposed by the Home <br /> Owner's Association to any member who violates these provisions <br /> If the Project requires a conversion from rental units to condominiums at the time <br /> of recording the Final Map, the Owner must abide by and comply with the requirements and <br /> conditions of Santa Ana Municipal Code sections 34-33I et seq.,_pertaining to residential <br /> conversion projects, prior to recording of the Final Map. <br /> 5.9 Responsibility IFfor Costs of Work Aof Public Art. The City and <br /> Owner agree that Owner shall be responsible for all costs associated with the design, <br /> construction, maintenance and repair of the work of public art provided for in the Public Art <br /> Plan. <br /> 5.10 Moratoria. Moratoria enacted by the City for the public health, safety, <br /> and welfare, which are imposed on the Property or Project, shall toll the time periods set forth in <br /> this Agreement. <br /> <br /> 5.11 City to Receive Contract Documents. Owner shall furnish City, upon <br /> written request, copies of contracts and supporting documents relating to the work of public art. <br /> <br /> 5.4-312 Conditions of Discretionary Approvals. The requirements imposed as <br /> conditions of any discretionary approval received through the City's existing regulatory process <br /> shall be governed by the terms of those approvals, and in no event shall such conditions be <br /> affected by the termination, cancellation, rescission, revocation, or default or expiration of this <br /> Agreement. <br /> <br /> 5.4413 Compliance Wwith Governmental Requirements. Subject to and as <br /> otherwise provided by the terms of Section 5.1 above Owner shall carry out the design, <br /> <br /> <br /> <br /> 13 <br /> 11 A-21 <br />