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????iY1L' ? 1 ?? 1 <br />RE??IIN REi??STED BY, ? <br />??I? ?? Rl????I? MAIL ?ro ? } <br />or?utrit?r Redeveloptnetrt Agency ) <br />of fhe ? of Santa At7a ? <br />0 Civic ?etrter Plaza ? <br />Santa Anaa alifarnia ?7?? } <br />Attu, ??ecrttive director ? <br />Tll?? dacrttrret7t rs exempt fronr paytrrent ofa <br />recardit7g fee prtrsrtanf to avet•trrrrent Code <br />Sections X7383 acid ? ? 03. <br />T??S RULATR? <br />.. ? ..?::. ::??`? ?`, X010, <br />????? ??' THE ?`?Y ? t <br />«Aetxc????, at?? <br />?L??LA?'?1??' A????ViE?T <br />?.?.??NI??T the "gt'een??tlt"? is entered into as of <br />?? and between fhe ??N??? RED?'??L?P?I?'? <br />r SANTA ANA, ? p?rbiic body, corporate acrd politic the <br />?tl]e iG??????pe?•77?? <br />I?ECITAI?.S <br />?. Developer lras ac?rtired from the Agency certain real property loeate? ???ithir? tl?e <br />it?? of Sat?ta At?a, as parttc??larl?r described ttr the legal Uescr•iption attached l?ereto a <br />Exiribit A, ?vhiclx is incor;parated ?rer•ein bar reference the "Site"), <br />?. Developer desires to constr??ct a n?uitifatrril? affordable l?ortit?g de?reioprnent, <br />............ ...... <br />?vl?icl? will eon?ist of a trrit?i?????r? of ???: snits the "?-?ousir?g ?'roect'?}, at?d. to t?rake <br />available at?d ??et?t tl?e aparttr?etit ??n?ts 4v?tl?it? tyre ??otxstt?g Project the "?ousit?g Ut?its?} to <br />e?tretrrel? at?d very low ?ncorne persons at ate affordable retrt? Tire Hausitrg Project is sometimes <br />referred to hereitr as tl?e "P??o?ect." <br />?, developer and A?ge??c? have et?tered into a Drsposttiat? at?d Develaprrretit <br />Agreett?ent ?tlze "DMA"} dated as of ?:? :. ??? ? ? ? ? ? .?.?::.:.?? , 20 l ?. S?rbject to tiro tea?tns and <br />C??1d1t10?1S tllerelt?? tl?e ?]eveloper lras agreed to acquire the Site and construct and ope?•ate tl?e <br />?o??sing Project, the Agency has agreed to provide fit?ax?cial assistat?ce to Developer, and the <br />Developer has agreed to r?rake available and lease all of the Ha?r?irig L?rrits to ??tre?nely arid. <br />Ver•?? Lo?v ?ncon?e ?auseholds, all at an Affar•dable Ret1t has those terns ar•e defined hereirl?, <br />Tl?e eecrrtion acrd r;ecord??? o?this Agteemerrt is a ?•equirernerit oftire D?A? <br />N?, TH?R?"0, tine parties l?ereta agree as fallo?vs: <br />?. umbct? of ?fl~orc?abie ?enll Uzzi?. Developer covenants and agrees to n?al?e <br />available, r?etrict occupat?cy ta, and refit the Rental knits at arr affordable rent pur?atrt to <br />Sectiotr 5 below, as folla???s; <br />AT?'A???II?T ??. 7- ? <br />DOCS??l1 ?00?????13i2?0?7?-???1