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RECORDING REQUESTED BY <br /> AND WHEN RECORDED MAIL <br /> TO: Recorded in Official Records, Orange County <br /> City of Santa Ana Hugh Nguyen, Clerk-Recorder <br /> —Planning and Building Agency, M-20 IIII Oil O llO Oi 1111111NO FEE <br /> 20 Civic Center Plaza * $ R 0 0 1 4 9 0 4 9 7 $ * <br /> PO Box 1988 2024000101373 3:34 pm 04123124 <br /> Santa Ana, CA 92702 63 RW11A Al2 17 <br /> 0.00 0.00 0.00 0.00 48.00 0.00 0.000.000.00 0.00 <br /> PR 1 7 2024 Return FULLY EXECUTED (Space above Line for Use by Recorder) <br /> 0'.vQlk tti) Copy to City Clerk, M-30 N-2024-143 <br /> 0.c.Io„r,eI')'mf- This document is exempt from the <br /> payment of a recording fee pursuant to <br /> Government Code Section 27383 <br /> CITY OF SANTA ANA <br /> PROPERTY MAINTENANCE AGREEMENT FOR VESTING TENTATIVE TRACT <br /> MAP (VTTM) NO.2022-03 (COUNTY MAP NO. <br /> 19195)AND DENSITY BONUS AGREEMENT (DBA)NO. 2022-03 FOR THE <br /> PROPERTY LOCATED AT 571 S. LYON STREET(571 THROUGH 707 S. LYON <br /> STREET) <br /> This PROPERTY MAINTENANCE AGREEMENT (the "Agreement"), is effective <br /> upon the date of recordation of the Agreement (the "Effective Date"), and is entered into by and <br /> between the City of Santa Ana, a municipal corporation (the "City") and TOLL WEST COAST <br /> LLC, a Delaware limited liability company and/or any assigned responsible party, including, but <br /> not limited to tenants, lessor(s), lessee(s), ground-lease holders, etc. (the "Owner"). The <br /> capitalized term"Parties" shall be a collective reference to both City and Owner. The capitalized <br /> term"Party" shall refer to either City or Owner interchangeably as appropriate. <br /> RECITALS <br /> WHEREAS, Owner seeks to develop the real property located at 571 S. Lyon Street (571 <br /> through 707 S. Lyon Street) in Santa Ana, CA (APN: 402-061-03) which is more particularly <br /> described in the legal description attached hereto as Attachment"A"and incorporated herein(the <br /> "Property"); <br /> WHEREAS, on December 17, 2021, TOLL WEST COAST LLC, a Delaware limited <br /> liability company ("Applicant") submitted an application to the City (the "Development Project <br /> Application"), with written consent of the Owner, to allow a residential development with 51 <br /> townhouse units consisting of twelve residential buildings with three-story townhouse units, with <br /> eight units proposed as affordable to low-income households, on the Property ("Development"); <br /> WHEREAS, this Agreement pertains to the Project described in the second recital, above; <br /> WHEREAS, the Parties seek to enter into this Agreement to ensure the proper compliance <br /> with project approval conditions, operational restrictions, maintenance, and upkeep of the <br /> Property, improvements, and permitted uses. <br /> 1 <br />