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RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: City Clerk <br />MR, I t <br />Recorded in Official Records, Orange County <br />HuIi uyen, ClerkI- IIRIeIIIcIIoIIrdIIIIeIr <br />li 1NgI I I <br />IIIIIIIIIIIII NO FEE IIIIIIIIIII <br />2015000296804 2:03 pm 06108115 <br />10 415 Al2 F13 112 <br />0.00 Mo 0.00 0.00 333.00 0.00 0.00 0.00 <br />To be recorded without fee. (Space Above This Line For Recorder's Use Only) <br />(Government Code, §§ 6103 and 27383) <br />INCLUSIONARY HOUSING AGREEMENT <br />OWNERSHIP PROJECT <br />THIS INCLUSIONARY HOUSING AGREEMENT is dated as of April 7, 2015, by <br />and between the CITY OF SANTA ANA, a charter city and municipal corporation <br />organized and existing under the Constitution and laws of the State of California, <br />and Pulte Home Corporation, a Michigan Corporation, ( "Developer "). <br />RECITALS <br />A. The City's Housing Opportunity ( "Ordinance ") was adopted by the City <br />Council on November 28, 201 land is codified in Article XV111.1 Section 41 <br />— 1900 of the City's Municipal Code. <br />B. The Developer is the fee owner of the Property located at 4226, 4302 <br />4306 West 5th Street, Santa Ana, California. <br />C. The Developer desires to, at the Developer's sole cost and expense, <br />develop a twenty -eight (28) unit Project on the Property. <br />D. On April 15, 2014, the City Council approved Specific Development No. 86 <br />(SD -86) through Resolution Number 2014 -14 and Ordinance No. 2859, <br />which sets forth the City Approvals for the Project. <br />Inciuslonary Housing Agreement - Ownership Project Page 1 <br />City of Santa Ana <br />