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Article 2 Section 11, the City may institute an action for injunctive relief and/or <br />specific performance for the remedy of such breach. <br />VII. Recordation of Inclusionary Housing Covenants Declaration and City <br />Deed of Trust <br />Prior to the close of each Inclusionary Unit Escrow, each Homebuyer shall sign, <br />and the City shall cause to be recorded, the City Dead of Trust and the <br />Inclusionary Housing Covenants Declaration. <br />VIII. In-Lieu Fee <br />In lieu of providing the fractional Inclusionary Unit specified in the Inclusionary <br />Housing Flan, which is .3 of a Moderate Income Household Inclusionary Unit for <br />this Project, the Developer shall pay to the City the sure of $24 050.00 prior to <br />obtaining the first building permit for the Project. Such payment shall constitute <br />satisfaction in full of such fractional Inclusionary Unit requirement only. <br />Inaluslanary Housing Agrriaman4 - Ownarshtp Pmjed <br />City of Sankt Ana <br />75C -86 <br />Page 16 <br />