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II-C. The Inclusionary Units to be developed on the Property shall be <br />constructed concurrently with, or prior to, the Market Rate Units in the <br />Project. If the Project is phased, the Inclusionary Units shall be <br />constructed in accordance with the phasing plan included as Exhibit a to <br />this Inclusionary Housing Agreement. If the Developer wishes to Change <br />the timing and/or phasing of the Project's construction, the City agrees to <br />amend said schedule in a manner consistent with such change so long as <br />the revised schedule continues to ensure that the Induslonary Units will <br />be constructed concurrently with, or prior to, the Market Rate Units. <br />11-D. The Developer shall affirmatively market the Inclusionary Units to <br />Moderate Income Households in accordance with the Administrative <br />Procedures Manual, <br />Ill. Sale of Inclusionary Units <br />Each of the Inclusionary Units shall be sold to a Moderate Income Household as <br />set forth in the Incluslonary Housing Plan, The purchaser of each Inclusionary <br />Unit shall qualify as an Eligible Purchaser, as defined in the Administrative <br />Procedures Manual. <br />IV. Selection of Eligible Purchaser <br />The Developer shall, at its sole cost and expense, conduct all procedures and <br />comply with all requirements as set forth in the Ordinance and the Administrative <br />Procedures Manual in selecting qualified Eligible Purchasers for each of the <br />Incluslonary Units, Specific procedures are set forth in Attachment D in the <br />AdmInIstrative Procedures Manual. <br />If a prospective Homebuyer qualifies as an Eligible Purchaser, as defined herein, <br />the Homelbuyer shall be required to execute the Developers standard purchase <br />agreement for the purchase and sale of an Inclusionary Unit. The Developer <br />shall seek and obtain all approvals required from the City pursuant to the <br />Ordinance and the Administrative Procedures Manual, and shall provide the City <br />with all documentation required pursuant to the Administrative Procedures <br />Manual, <br />lnolu5lanary Housing Agmern ent - Ownership Project 'sUll 4 <br />City of Santa Ana <br />25G-16 <br />