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25C - AGMT - HOUSING DEV ORGANIZATIONS
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25C - AGMT - HOUSING DEV ORGANIZATIONS
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Last modified
2/2/2017 3:37:11 PM
Creation date
2/2/2017 3:10:05 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25C
Date
2/7/2017
Destruction Year
2022
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If to Developer: <br />With a copy to: <br />If to City: City of Santa Ana <br />Executive Director (CDA) <br />20 Civic Center Plaza (M -26) <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />With a copy to: City Attorney <br />City of Santa Ana <br />20 Civic Center Plaza, 7th Floor (M -29) <br />Santa Ana, California 92702 <br />Addresses for notice may be changed as required by written notice to all other parties. <br />All notices personally served shall be effective when actually received. All notices <br />mailed shall be effective three (3) days after deposit in the U.S. Mail, postage prepaid. <br />The foregoing notwithstanding, the non- receipt of any notice as the result of a change of <br />address of which the sending party was not notified or as the result of a refasal to accept <br />delivery shall be deemed receipt of such notice. <br />21.3 Survival of Representations and Warranties. All representations and <br />warranties in the Loan Documents shall survive the making of the Loan described herein <br />and have been or will be relied on by City notwithstanding any investigation made by <br />either party. <br />21.4 No Third Parties Benefited, This Agreement is made for the purpose of <br />setting forth rights and obligations of Developer and the City, and no other person shall <br />have any rights hereunder or by reason hereof. <br />21.5 Binding Effect; Assignment of Obligations. This Agreement shall bind, <br />and shall imue to the benefit of, Developer and City and their respective successors and <br />assigns. Other than as expressly provided to the contrary in this Agreement, Developer <br />shall not assign any of its rights or obligations under any Loan Document without the <br />prior written consent of City, which consent may be withheld in City's sole and absolute <br />discretion. Any such assignment without such consent shall, at City's option, be void. <br />21.6 Prior Agreements; Amendments; Consents. This Agreement (together <br />with the other Loan Documents) contains the entire agreement between the City and <br />Developer with respect to the Loan and the Property, and all prior negotiations, <br />41 <br />25C -45 <br />
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