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RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: City Clerk <br />To be recorded without fee. (Space Above This Line For Recorder's Use Only) <br />(Government Code, §§ 6103 and 27383) <br />DECLARATION OF INCLUSIONARY HOUSING COVENANTS, <br />RESALE RESTRICTIONS AND CITY'S OPTION TO PURCHASE <br />AGREEMENT <br />This DECLARATION OF INCLUSIONARY HOUSING COVENANTS, RESALE <br />RESTRICTIONS AND CITY'S OPTION TO PURCHASE AGREEMENT <br />( "Inclusionary Housing Covenants Declaration "), dated as of , is <br />made by and between ( "Homebuyer") and the <br />CITY OF SANTA ANA ( "City "), a charter city and municipal corporation organized <br />and existing under the Constitution and laws of the State of California. <br />RECITALS <br />A. The Homebuyer is acquiring title to an Inclusionary Unit, which is more <br />particularly described in Exhibit 1. The Inclusionary Unit was originally <br />constructed as part of a development that was approved by the City <br />subject to the requirement that one or more of the units be designated and <br />maintained as affordable to Moderate Income Households. <br />B. The Homebuyer is a Moderate Income Household as defined in this <br />Inclusionary Housing Covenant Declaration, and meets the eligibility <br />requirements necessary to acquire the Inclusionary Unit as set forth in <br />Section IV of the Administrative Procedures Manual. <br />Inclusionary Housing Covenants Declaration Page 1 <br />City of Santa Ana January 2015 <br />32A -68 <br />