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HERITAGE VILLAGE LLC-2017
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HERITAGE VILLAGE LLC-2017
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Last modified
6/29/2017 11:03:29 AM
Creation date
5/8/2017 10:34:17 AM
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Contracts
Company Name
HERITAGE VILLAGE LLC
Contract #
A-2017-041
Agency
Planning & Building
Council Approval Date
2/21/2017
Destruction Year
0
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XI. Recordation <br />The Developer and the City agree to permit recordation of this Inclusionary <br />Housing Agreement, against the Property in the Office of the County Recorder of <br />Orange County, California. The legal description for the Property is provided in <br />Exhibit 1 to this Inclusionary Housing Agreement. <br />XII. Termination <br />Except as set forth elsewhere, this Inclusionary Housing Agreement shall be <br />terminated after Developer's payment of all required in -lieu fees to City. <br />Upon the termination of this Inclusionary Housing Agreement, following <br />Developer's tender and City's receipt of the final inclusionary housing In Lieu Fee <br />payment for the final Project phase, the Developer shall have no further <br />obligations or liability hereunder. The City and the Developer agree to promptly <br />execute, acknowledge and deliver for recordation any documents that may be <br />necessary to remove this Inclusionary Housing Agreement as encumbrance <br />against title to any portion of the Property, <br />Inclusionary Hous€ng Agreement - In -Lieu Hoe payment Page 15 <br />City of Santa Ana <br />
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