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Modification to Loan Documents - Depot at Santiago <br />March 1, 2016 <br />Page 2 <br />Amended and Restated City Promissory Note to address the change to the residual receipts <br />allocation required by the HCD and CaIHFA funding for the project, as well as other clarifications, <br />These revisions require approval by City Council, <br />STRATEGIC E�AN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #6 - Community Health, Livability, <br />Engagement and Sustainability, Objective #3 (Facilitate diverse housing opportunities and <br />support efforts to preserve and Improve the livability of Santa Ana neighborhoods), <br />There is no fiscal impact associated with this action, <br />aIIYx �,� <br />Kelly l� n rs <br />Executive Director <br />Community Development Agency <br />Exhibit: 1. City Loan Modification Agreement <br />25B -2 <br />