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HomeMy WebLinkAboutSANTA ANA 5 INV., LLC - 2017A-2015-177 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO. City of Santa Ana 20 Civic Center Plaza Santa Ana, California 92701 Attention: City Clerk To be recorded without fee. (Space Above This Line For Recorder's Use Only) (Government Code, §§ 6103 and 27383) FIRST AMENDMENT TO INCLUSIONARY HOUSING AGREEMENT THIS FIRST AMENDMENT TO AGREEMENT is made and entered into this 4th day of April, 2017, by and between Santa Ana 5 Inv., LLC, a Delaware limited liability company ("Developer"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California ("City"). RECITALS A. City and Developer entered into Inclusionary Housing Agreement No. A-2015- 177, dated August 4, 2015, related to the property located at 1010 S. Harbor Boulevard, Santa Ana, CA, in compliance with the City's Housing Opportunity Ordinance ("said Agreement"). B. The Developer now wishes to change the location of the affordable units throughout the project. Accordingly, in accordance with the terms and conditions of said Agreement, the Parties desire to revise the Phasing Plan Exhibits in said Agreement depicting the location of the affordable units throughout the project. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions of said Agreement, except as herein modified, the parties agree as follows: 1. The Phasing Plan Map depicting the location of the affordable units for the project in the following Exhibits in said Agreement shall be replaced with the Revised Phasing Plan Map attached hereto as Exhibit 1 and incorporated herein by this reference: - Exhibit 2 --- Site Map - Exhibit 3 — Inclusionary Housing Plan - Exhibit 4 -- Schedule of Performance for Construction of Inclusionary Units - Exhibit 8 -- Developer's Phasing Map 3. Except as hereinabove modified, all terms and conditions of said Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to Inciusionary Housing Agreement the date and year first above written. ATTEST. - M RIA D. HUIZAR Clerk of the Council APPROVED AS TO FORM: SONIA R. CARVALHO City Attgrney , By: Ryan 0. Assistap� City attorney RECOMMI-NDED FOR APPROVAL ROBE T C. RT Deputy City M ger -- CDA 2 CITY OF SANTA ANA 0 Robert C. Cortez Acting City Manager SANTA ANA 5 INV., L C Kim Krijatel Vice President of Development ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Orange ) On , April 25, 2017 before me, Claudia M. Fernandez -Shaw (insert name and title of the officer) personally appeared Robert C. Cortez who proved to me on the basis of satisfactory evidence to be the person whose namgg�re subscribed to the within instrument and acknowledged to me that 'a -ah\ -/they executed the same in jjZYhet%jr authorized capacity(i�s), and that by =he-r1th•e r'signature(on the instrument the person(s, or the entity upon behalf of which the person(�yacted, executed the instrument, certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. CLAtJCIA M. FERNANOEZ-SHAW Commission # 2053995 Is Notary Public - CaliforniaWITNESS my hand and official seal• a orange county a My Comm. Expires Jan 25, 2018 eal EXHIBIT A Revised Phasing Plan Map (Attached) a g i ®— ... F° m X28 ago a Y �Y a g i ®— ... F° m X28 ago ALL PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document STATE OF CALIFORNIA } COUNTY OF ORANGE } ON April 4, 2017, before me Athena Bowyer, Notary Public, personally appeared Kim Priiatel who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal Sign Athe Commission Number: 2019516 Commission Expires: April 13, 2017 Cell Phone: (949) 395-5823 _ ATHENA BOWYER (seal) w�'_.z COMMissiars # 20195 1 G Notary Public - California Las Angeles County L11 My Comm. Expires Apr 13, 2017 1