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Item 68 - Crossroads at Washington Affordable Housing Project at 1126, 1136, & 1146 East Washigton Ave.
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Item 68 - Crossroads at Washington Affordable Housing Project at 1126, 1136, & 1146 East Washigton Ave.
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8/15/2023 9:54:53 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
68
Date
6/21/2022
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<br />49 <br />The Crossroads at Washington <br />City NSP Loan Agreement <br />Attention: President <br /> <br />c/o A Community of Friends <br />3701 Wilshire Boulevard, Suite 700 <br />Los Angeles, CA 90010 <br />Attention: Dora Leong Gallo <br />President and Chief Executive Officer <br /> <br />With a copy to: Bocarsly Emden Cowan Esmail & Arndt LLP <br /> 633 W. 5th Street, 64th Floor <br />Los Angeles. CA 90071 <br />Attention: Lance Bocarsly, Esq. <br /> <br /> <br />With a copy to: U.S. Bancorp Community Development Corporation <br /> 1307 Washington Ave., Suite 300 <br /> St. Louis, MO 63103 <br /> USB Project No: 28339 <br /> Attn: Director of LIHTC Asset Management <br /> <br />If to City: City of Santa Ana <br />Executive Director (CDA) <br />20 Civic Center Plaza (M-26) <br />P .0. Box 1988 <br />Santa Ana, California 92702 <br /> <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 /> <br />Addresses for notice may be changed as required by written notice to all other parties. All <br />notices personally served shall be effective when actually received. All notices mailed shall <br />be effective three (3) days after deposit in the U.S. Mail, postage prepaid. The foregoing <br />notwithstanding, the non-receipt of any notice as the result of a change of address of which <br />the sending party was not notified or as the result of a refusal to accept delivery shall be <br />deemed receipt of such notice. <br /> <br />21.3. Survival of Representations and Warranties. All representations and <br />warranties in the Loan Documents shall survive the making of the City/NSP Loan <br />described herein and have been or will be relied on by City notwithstanding any <br />investigation made by 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 />EXHIBIT 6
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