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LYON HOUSING (FIRST STREET) XLVIII, LLC. A DELAWARE LIMITED LIABILITY COMPANY
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LYON HOUSING (FIRST STREET) XLVIII, LLC. A DELAWARE LIMITED LIABILITY COMPANY
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7/21/2014 5:27:20 PM
Creation date
7/21/2014 3:45:12 PM
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Contracts
Company Name
LYON HOUSING (FIRST STREET) XLVIII, LLC. A DELAWARE LIMITED LIABILITY COMPANY
Contract #
A-2013-195
Agency
PLANNING & BUILDING
Council Approval Date
11/18/2013
Destruction Year
0
Notes
A-2007-082
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(a) No more than four residents shall be permitted for each unit, except <br />that for three - bedroom units, there shall be no more than five <br />residents per unit. <br />(b) All initial sales of residential units by Owner shall include a <br />covenant that the buyer may not re -sell the unit for a period on one <br />(1) year, <br />(c) No home occupation shall be permitted in a unit, except in <br />accordance with Section 41.152 et seq, of the Santa Ana Municipal <br />Code. <br />(d) Allocation of responsibility for repair of perimeter walls and common <br />areas, including landscaping, will be specified in the CC &R's in the <br />event of damage, <br />(e) Notice of the urban character of the City and this area, including but <br />not limited to (i) the permitted uses of the property and buildings in <br />the immediate area of the development (e.g,, Xerox Towers, State <br />Compensation Insurance Fund, 1 -6 and SR -55 freeways). <br />(f) The release of the City from all claims which may arise from or <br />relate to the urban character of the City and this area. <br />(g) A term of the CC &R's of an initial period of ninety- nine years, with <br />automatic and repeating one- hundred (100) year extensions, <br />unless terminated earlier by the joint consent of (I) the City and (1) <br />not less than seventy five percent of those condominium owners <br />entitled to vote under the CC &R's. <br />(h) The need for the approval of the City to any proposed modifications <br />to the provisions of the CC &R's identified in this Section 6.11. <br />(1) The imposition of a significant financial penalty by the Home <br />Owner's Association upon any member who violates the provisions <br />of the CC &R's identified in this Section 5, 11. <br />5.12 Conditions of Discretionary Approvals, The requirements imposed as <br />conditions of any discretionary approval received through the City's <br />existing regulatory process shall be governed by the terms of those <br />approvals, and in no event shall such conditions be affected by the <br />termination, cancellation, rescission, revocation, or default or expiration <br />of this First Amended and Restated Development Agreement (although <br />such conditions must comply with the Applicable Rules), <br />06709 \54488320 17 <br />
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