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FIESTA MARKETPLACE PARTNERS (4)
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FIESTA MARKETPLACE PARTNERS (4)
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Last modified
9/4/2024 5:47:49 PM
Creation date
8/26/2024 2:50:09 PM
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Contracts
Company Name
FIESTA MARKETPLACE PARTNERS
Contract #
A-1987-008
Agency
Community Development
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to Section 214"consistent with the Site Masterplan. Redeveloper <br />agrees to commence rehabilitation and redevelopment of any such <br />parcel within sixty (60) days after its acquisition by Redeveloper. <br />3. The D.D.A. is amended by adding a section, to be <br />numbered 229 thereto, which said section reads as follows: <br />Q. [§2291 Facade Easement on Parcel P-2. <br />As a condition to close of escrow on the conveyance <br />of title to Participation Parcels P-2 and P-7 to Redeveloper by <br />Agency, Redeveloper shall duly execute an architectural facade <br />easement on Participation Parcel P-2 in favor of Endowment Fund <br />of Heritage Orange County, Inc., and shall deposit the same into <br />the escrow established for the said conveyance of.said parcels <br />for recordation in the Official Records of Orange County, Cal- <br />ifornia.immediately following the recordation of the deed by which <br />Participation Parcel P-2 is conveyed to Redeveloper. Said archi- <br />tectural facade easement shall be, in form and substance, the same <br />as that architectural facade easement granted by Redeveloper on <br />Sales Parcel S-4 (the "Yost Theater") and recorded in the Official <br />Records of Orange County as document number g {v — 5 oOO O O <br />subject to modifications mutually agreeable to Agency and Re- <br />developer. <br />4. Section 303 of the D.D.A. is amended to read as follows: <br />112. [93031 Public Improvements <br />-3- <br />
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