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HomeMy WebLinkAboutHABITAT FOR HUMANITY OF ORANGE COUNTY, INC. - 2000-03-20'r *, fe CITY OF HUNTINGTON BEACH 2000 MAIN STREET CALIFORNIA 92648 OFFICE OF THE CITY CLERK �s rc it) IJc 0 7 & l -/Z April 5, 2000 Katherine Shannon, Escrow Officer First American Title Insurance Company 2 First American Way Santa Ana, CA 92707 Re: Grant Deed, Memorandum of Disposition and Development Agreement, Declaration of Covenants and Restrictions on Resale to be Recorded — Habitat for Humanity of Orange County, Inc. Dear Ms. Shannon: Enclosed please find Grant Deed, Memorandum of Disposition and Development Agreement and Declaration of Covenants and Restrictions on Resale to be recorded and returned to Connie Brockway, City Clerk, City of Huntington Beach, P. O. Box 190, Huntington Beach, CA 92648. Also enclosed is a certified copy of the Disposition and Development Agreement. When your company completes recordation, please have our enclosed copies conformed by the Orange County Recorder and returned to us in the enclosed, self- addressed stamped envelope. Sincerely, Connie Brockway, CIVIC City Clerk Enclosures: Grant Deed Memorandum of Disposition and Development Agreement Declaration of Covenants and Restrictions on Resale Copies to be conformed and returned to Connie Brockway, City Clerk Certified copy of Disposition and Development Agreement Self-addressed, stamped envelope (Telephone: 714.536-5227 ) RESOLUTION NO. 2 0 0 0- 3 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH APPROVING THE TRANSFER AND SALE OF CERTAINI PROPERTY OUTSIDE OF THE REDEVELOPMENT PROJECT AREA, BUT IN BENEFIT TO THE MAIN -PIER REDEVELOPMENT PROJECT SUB AREA, TO HABITAT FOR HUMANITY OF ORANCE COUNTY, INC., A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION; APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT PERTAINING THERETO; AND MAKING CERTAIN FINDINGS WITH RESPECT TO SUCH SALE 2422 ENGLAND STREET (formerly 602 Yorktown Avenue), 2501 ENGLAND STREET and 2419 FLORIDA STREET (formerly 620 Yorktown Avenue) WHEREAS, the Redevelopment Agency of the City of Huntington Beach (the "Agency") is engaged in activities necessary to carry out and implement the Redevelopment Plan for the Main -Pier Redevelopment Project Sub area (the "Project") and has adopted an Implementation Plan for the Project in accordance with California Health and Safety Code Section 33490 (the "Implementation Plan"); and California Health and Safety Code Section 33334.2 and the Redevelopment Plan for the Main -Pier Redevelopment Project Sub area ("Project Area") authorizes and directs the Agency to expend not less than twenty percent (20%) of all taxes that are allocated to the Agency pursuant to California Health and Safety Code Section 33670 (all section references herein are to the Health and Safety Code unless otherwise specified) for the purpose of increasing, improving and preserving the community's supply of lover and moderate income housing available at affordable housing cost to persons and families of low and moderate income, lower income, and very low income; and Pursuant to applicable law, the Agency has established a Low and Moderate Income Housing Fund ("Housing Fund"); and Pursuant to Section 33334.2(e), in carrying out its affordable housing activities, the Agency is authorized to provide subsidies to or for the benefit of very low income and lower income households, or persons and families of low and moderate income to the extent those households cannot obtain housing at affordable costs on the open market; and Pursuant to Section 33334.2(g), Huntington Beach City Council Resolution No. 6026 dated June 26, 1989, and Agency Resolution No. 174 dated June 26, 1989, the Agency is authorized to make expenditures from the Housing Fund outside redevelopment project areas if such use will be of benefit to one or more of the project areas; and 41s:4-99Resolutions: City 2422 England - Habitat Habitat for Humanity Res. No. 2000-30 The Agency is zequired pursuant to Section 33413 to rehabilitate, develop or construct replacement dwelling units for those units housing persons and families of lower income which have been destroyed or removed from the lower income housing market as part of a redevelopment project; and The Agency has destroyed and removed certain units which housed persons of lower income within the Project Area; and In order to carry out and implement its affordable housing activities, the Agency proposes to sell certain property outside of the Project Area to Habitat for Humanity of Orange County, Inc., a California Non -Profit Benefit Corporation (the "Developer"), to construct improvements thereon, pursuant to the terms and provisions of a certain Disposition and Development Agreement (the "Agreement"), which Agreement contains a description of said property and provides for the construction of three (3) residential units for sale to very low income households (the "Development"); and The Developer has submitted to the Agency and this City Council of the City of Huntington Beach copies of said proposed Agreement in a form desired by the Developer; and The Agency has reviewed and discussed said proposed Agreement, and has recommended that the City Council approve and the Agency enter into the Agreement; and Pursuant to the California Community Redevelopment Law (California Health and Safety Code, Sections 33000, et seq.) the Agency and the City Council held a joint public hearing on the proposed sale of such real property pursuant to such Agreement; having duly published notice of such public hearing and made copies of the proposed Agreement and other reports and documents available for public inspection and comment; and WHEREAS, the City Council has duly considered all terms and conditions of the proposed sale of real property and believes that the development of the real property pursuant to the proposed Agreement is in the best interests of the City and health, safety, morals and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local law and requirements, NOW, THEREFORE, the City Council of the City of Huntington Beach, does hereby resolve as follows: 1. The City Council recognizes that it has received and heard all oral and written objections to the proposed Agreement, to the proposed sale of the real property and construction of the improvements thereon pursuant to the proposed Agreement, and to other matters pertaining to this transaction, and that all such oral and written objections are hereby overruled. 2. The City Council hereby finds and determines that the consideration of be paid by the Developer for the sale of the real property as described in the Agreement is not less than the fair reuse value at the use and with the covenants and conditions and development costs authorized by the Agreement. The City Council hereby further finds and determines that all 2 4/s:4-99Res01utions: City 2422 England - Habitat Habitat for Humanity Res. No. 2000-30 consideration to be paid under the Agreement is in amounts necessary to effectuate the purposes of the Redevelopment Plan for the Redevelopment project. 3. The City Council hereby finds and determines that the sale of the property is of benefit to the Main -Pier Redevelopment Project Sub area, and is consistent with the Implementation Plan. 4. The Project is categorically exempt from the provisions of the California Environmental Quality Act ("CEQA") pursuant to Section 15303, Class 3 and Section 153012, Class 12 of the State CEQA Guidelines. 5. The City Council finds and determines that the housing units to be constructed by the Agreement which are restricted to persons and families of very low income quality as replacement dwelling units for those dwelling units in the Project Area which were destroyed and removed pursuant to the Redevelopment Project, or are required as production units under Health and Safety Code Section 33413. 6. The sale of the real property and the Agreement which establishes the terms and conditions for the sale and development of the real property are hereby approved. 7. The City Council hereby authorizes the City Clerk to deliver a copy of this Resolution to the Executive Director and members of the Agency. A copy of the Agreement, when executed by the Agency, shall be placed on file in the office of the City Clerk. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting held on the 2 0 th day of March -t99q- 2000 ATTEST: City Clerk REVIEWS AND i PROV '-cR- City A inistrator 3 4/s:4-99Resolutions: City 2422 England - Habitat Habitat for Humanity r APPROVED AS TO FORM: City Attorney 1),¢ ��01 INITIATED AND APPROVED: h4A C -, Dir ctor of Economic Development —L.-1 �)'cw Res. No. 2000-30 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, COriNM BROCKWAY, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on the 20th day of March, 2000 by the following vote: AYES: Julien, Harman, Garofalo, Green, Dettloff, Bauer NOES: Sullivan ABSENT: None ABSTAIN: None dM City Clerk and ex-officio Cleff of the City Council of the City of Huntington Beach, California Agency Resolution ATTACHMENT #2 RESOLUTION NO. 3 0 8 A RESOLUTION OF THE REDEVELOPMENT AGENCYOF THE CITY OF HUNTINGTON BEACH APPROVING THE SALE OF CERTAIN PROPERTY OUTSIDE OF THE REDEVELOPMENT PROJECT AREA, BUT N BENEFIT TO THE MAN -PIER REDEVELOPMENT PROJECT SUB AREA, TO HABITAT FOR HUMANITY OF ORANCE COUNTY, INC., A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION; APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT PERTAINING THERETO; AND MAKING CERTAIN FINDINGS WITH RESPECT TO SUCH DISPOSITION AND DEVELOPMENT AGREEMENT AND SUCH SALE WHEREAS, the Redevelopment Agency of the City of Huntington Beach (the "Agency") is engaged in activities necessary to carry out and implement the Redevelopment Plan for the Redevelopment Project (the "Project") and has adopted an Implementation Plan for the Redevelopment Project in accordance with California Health and Safety Code Section 33490 (the "Implementation Plan"); and Califomia Health and Safety Code Section 33334.2 and the Redevelopment Plan for the Main -Pier Redevelopment Project Sub area ("Project Area") authorizes and directs the Agency to expend not less than twenty percent (20%) of all taxes that are allocated to the Agency pursuant to California Health and Safety Code Section 33670 (all section references herein are to the Health and Safety Code unless otherwise specified) for the purpose of increasing, improving and preserving the community's supply of low and moderate income housing available at affordable housing cost to persons and families of low and moderate income, lower income, and very low income; and Pursuant to applicable law, the Agency has established a Low and Moderate Income Housing Fund ("Housing Fund"); and Pursuant to Section 33334.2(e), in carrying out its affordable housing activities, the Agency is authorized to provide subsidies to or for the benefit of very low income and lower income households, or persons and families of low and moderate income to the extent those households cannot obtain housing at affordable costs on the open market; and Pursuant to Section 33334.2(g), Huntington Beach City Council Resolution No. 6026 dated June 26, 1989, and Agency Resolution No. 174 dated June 26, 1989, the Agency is authorized to make expenditures from the Housing Fund outside redevelopment project areas if such use will be of benefit to one or more of the project areas; and 4/s:4-49Resolutions: Agency - Habitat Habitat for Humanity Res. -No. 308 The Agency is 'required pursuant to Section 33413 to rehabilitate, develop or construct replacement dwelling units for those units housing persons and families of lower income which have been destroyed or removed from the lower income housing market as part of a redevelopment project; and The Agency has destroyed and removed certain units which housed persons of lower income within the Project Area; and In order to carry out and implement such Redevelopment Plan, the Agency proposes to sell certain property outside of the Project Area to Habitat for Humanity of Orange County, Inc., a California Non -Profit Benefit Corporation (the "Developer"), to construct improvements thereon, pursuant to the terms and provisions of a certain Disposition and Development Agreement (the "Agreement"), which Agreement contains a description of said property and provides for the construction of three (3) residential units for sale to very low income households (the "Development"); and The Developer has submitted to the Agency and the City Council of the City_ of Huntington Beach copies of said proposed Agreement in a form desired by the Developer; and Pursuant to the proposed Agreement, the three (3) residential units in the Development (the "Affordable Units") will a occupied by and restricted to persons and families of very low income, at an affordable housing cost; and Pursuant to the proposed Agreement, certain Development Costs will be paid in part from a grant to be made by the Agency to Developer with Low and Moderate Income Housing Funds from the Redevelopment Project; and The Agency has reviewed and discussed said proposed Agreement, and has recommended that the City Council approve and the Agency enter into the Agreement; and Pursuant to the California Community Redevelopment Law (California Health and Safety Code, Sections 33000, et seq.) the Agency and the City Council held a joint public hearing on the proposed sale of such real property pursuant to such Agreement; having duly published notice of such public hearing and made copies of the proposed Agreement and other reports and documents available for public inspection and comment; and The Project is categorically exempt from the provisions of the California Environmental Quality Act ("CEQA") pursuant to Section 15303, Class 3 and Section 153012, Class 12 of the State CEQA Guidelines; and The Agency has duly considered all terms and conditions of the proposed sale of real property and believes that the development of the real property pursuant to the proposed Agreement is in the best interests of the City and the health, safety, morals and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local law and requirements. 4/s:4-99Resoiu[ions: Agency - Habitat Habitat for Humanity Res. No. 308 i 7 NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach, does hereby resolve as follows: 1. The Agency recognizes that it has received and heard all oral and written objections to the proposed Disposition and Development Agreement, to the proposed sale of the real property and construction of the improvements thereon pursuant to the proposed Agreement, and to other matters pertaining to this transaction, and that all such oral and written objections are hereby overruled. 2. The Agency hereby finds and determines that the consideration of be paid by the Developer for the sale of the real property as described in the Agreement is not less than the fair reuse value at the use and with the covenants and conditions and development costs authorized by the Agreement. The Agency hereby further finds and determines that all consideration to be paid under the Agreement is in amounts necessary to effectuate the purposes of the Redevelopment Plan for the Redevelopment Project. 3. The Agency finds and determines that expenditures from the Housing Fund as contemplated by the Agreement will directly and specifically benefit, improve and preserve the community's supply of lour income housing within the meaning of Section 33334.2. 4. The Agency hereby finds and determines that the sale of the property and the expenditure of Housing Funds are of benefit to the Main -Pier Redevelopment Project Sub area, and is consistent with the Implementation Plan. 5. The sale of real property and the Disposition and Development Agreement which establishes the terms and conditions for the sale and development of the real property are hereby approved. 6. The Executive Director of the Agency (or his designee) is hereby authorized to execute the Disposition and Development Agreement on behalf of the Agency, provided that the City Council has first approved such Agreement and the sale of the real property and the construction of the improvements thereon pursuant thereto. A copy of the Agreement, when executed by the Agency, shall be placed on file in the office of the Secretary of the Agency. 7. The Executive Director of the Agency (or his designee) is hereby authorized on behalf of the Agency, to sign all documents necessary and appropriate to carry out and implement the Agreement and to administer the Agency's obligations, responsibilities and duties to be performed under said Agreement. 3 4/s:4-99Resofutions: Agency- Habitat Habitat for Humanity Res. No. 308 PASSED AND ADOPTED by the Redevelopment Agency of the City of Huntington Beach at a regular meeting held on the 2 0 th day of March 1-999 2000 .AT TEST Agency Clerk jF REVIEWED AND APPROV n _ Z f�;plv Executive Director 4 4/s 4-99Resolutions Agency -Habitat Habitat for Humanity APPROVED AS TO FORM Agency General Counsel /z -13 -59 INITIATED AND APPROVED [A)IA d C, CP Dir for of Econo is Development CAI�y 2-1%-0-0 Res. No. 308 . STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH ) I, CONNIE BROCKWAY, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a regular meeting of said Redevelopment Agency held on the 20th day of March , 2000 and that it was so adopted by the following vote: AYES: Julien, Harman, Garofalo, Green, Dettloff, Bauer NOES: Sullivan ABSENT: None ABSTAIN: None Clerk of the Redevelopment Agency of the City of Huntington Beach, Ca. Location Map ATTACHMENT #3 AP No. 25- 1 21-01 w F-- YORKTOWN r 17 5' 30' 2419 Florida Street (formerly 620 Yorktown Ave.) AVENUE 125' - 01 o In � I N O� c�\OQj J� SURPLUS PROPERTIES CITY OF HUNTINGTON BEACH 30' 0 0 0 N.T.S DEPARTMENT OF PUBLIC WORKS PARCEL DECLARED AS SURPLUS AP No. 25-121-01 LEGAL DESCRIPTION PARCEL No.1., AP No. 25-121-01: 2419 Florida Street (formerly 620 Yorktown Ave.) THAT PORTION OF LAND WITHIN BLOCK 2406 OF THE EAST SIDE VILLA TRACT, LOCATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON THE MAP FILED IN BOOK 4, PAGE 65 OF MISCELLAtiEOUS MAPS, IN RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: THE SOUTH 40.00 FEET OF THE NORTH 60.00 FEET OF SAID BLOCK 2406. EXCEPTING THEREFROM THE WEST 175.00 FEET. THE ABOVE DESCRIBED PARCEL CONTAINS 5,000 SQUARE FEET, MORE OR LESS. EXHIBIT "B" ATTACHED AND BY THIS REFERENCE MADE A PART HEREOF. - ,1 uglas . 1K t C.E 61 DATE � xp � VCIVIL TF CF C Al-�FCP AP No. 25-1 2 1 — 36 IYORKTOWN 1 � 1 25' 30' 2422 England Street (formerly 602 Yorktown Ave.) AVENUE -145' 4 CO S �o� J� SURPLUS PROPERTIES CITY OF HUNTINGTON BEACH DEPARTMENT OF PUBLIC WORKS 30' w L-d ELI — cn a N.T.S. AP No. 25-111-39 40' 1. 145' YORK TOWN 2501 England Street i + 5' ----� 30' i AVENUE SURPLUS PROPERTIES CITY OF HUNTINGTON BEACH DEPARTMENT OF PUBLIC WORKS O N z �^ J CD O � � r7 O N 0 N.T.S. OJ. e Disposition and Development Agreement ATTACHMENT #4 This document was electronically recorded by r:-*:rst_American Title Insurance Company RECORDING REQUESTED BY: FIRST AMERICAN TITLE INSURANCE CO. COMMERCIAL/INDUSTRIAL DIVISION OR-2076I42-JP WHEN RECORDED MAIL TO: THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH 2000 MAIN STREET, 2ND FLOOR P.O.BOX 190 HUNTINGTON BEACH, CA 92648 ATTN: CITY CLERK Recorded in Official Records,County of Orange Ga L- Granville, Clerk -Recorder II Illll Illll IIIII IIIII IIIII IIIII11111111111111111111111 NO F E E - 20000200627 10:23am 04/19/00 103 48 M 10 10 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 THIS SPACE FOR RECORDERS USE ONLY MEMORANDUM OF DISPOSITION AND DEVELOPMENT AGREEMENT THIS PAGE ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION (ADDITIONAL RECORDING FEE APPLIES) w '1 MEMORANDUM OF DISPOSITION AND DEVELOPMENT AGREEMENT Recording Requested By and When Recorded Return to: REDEVELOPMENT AGENCY OF THE CITY OF HUNTIN`GTON BEACH 2000 Main Street a�d`�GDr Huntington Beach, CA 92648 Attention: n tyaRk MEMORANDUM OF DISPOSITION AND DEVELOPMENT AGREEMENT This Memorandum of Disposition and Development Agreement ("Memorandum"), dated for identification purposes as „icr'" of A/49CA , 2000, is entered into by and between THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic ("Agency") and HABITAT FOR HUMANITY OF ORANGE COUNTY, INC., a California nonprofit public benefit corporation ("Developer"). 1. Disposition and Development Agreement. Agency and Developer have executed a Disposition and Development Agreement ("DDA") dated for identification purposes as of ,t�g��L, z p , 2000, covering that certain real property located in the City of Huntington Beach, County of Orange, State of California, more fully described in the Exhibit "A" attached hereto and incorporated herein by this reference (the "Site"). Among other provisions, the DDA (a) provides for certain restrictions upon the construction of improvements on the Site, (b) provides for the construction by the Developer of a certain number of dwelling units to be sold at an affordable housing cost to persons of Very Low Income. All of the terms, conditions, provisions and covenants of the DDA are incorporated in this Memorandum by reference as though written out at length herein, and the DDA and this Memorandum shall be deemed to constitute a single instrument or document. 2. Purpose of Memorandum. This Memorandum is prepared for recordation purposes only, and in no way modifies the terms, conditions, provisions and covenants of the DDA. In the event of any inconsistency between the terms, conditions, provisions and covenants of this Memorandum and the DDA, the terms, conditions, provisions and covenants of the DDA shall prevai Tax4xmr>r+04mmlr*rt- A803cy CITY OF NUWWKfO" :BEACH Catty Clerk. -- 4/ s:4-99AgrmHabit6uMemo-DDA RLs 99-161 611"99 This document is solely for the official business of the City of Huntington Beach, as contem- plated under Government Code Sec. 6103 and should be recorded free of charge. Pan l of 3 Not by way of limitation of the foregoing, and except as specifically set forth in the DDA, the DDA is not intended to be binding upon the purchasers of residential units developed on the Site or upon any incorporated or unincorporated association formed to own, manage, operate or maintain such units or the common areas within the Site, and nothing in this memorandum shall be so�construed. The parties have executed this Memorandum on the dates specified immediately adjacent to their respective signatures. HABITAT FOR HUMANITY OF ORANGE COUNTY, INC. a California non-profit public benefit corporation Bye L Its By Its Sec Lary REVIEWED AND APPROVED: Execut a Director ATTEST: Agency Clerk 4:1S A-99Agree: Habitat: tit emo-DDA RLS 99-161 61 W99 REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic t�rl Chairman P,,o INITIATED AND APPROVED: &d e - " Director of Economi evelopment APPROVED AS TO FORM: P1_1A 1 z_3 � �/ Agency General Counsel Page Z of 3 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of [� County of On Mcr -,-C f • PZOe-D before me, 'Ell oats personally appeared Name and Title of Officer (e-g.,'Jane otary Public") n � Name(s) of Signer(s) 7- iersonally known to me - OR - ❑ proved to me on the basis of satisfactory evidence to be the persortn whose name(41&.Osubscribed to the 'thin instrument and acknowledge o me that-Ithe executed the same in' heir , uthor(zed capacity{ and that by his/her/their slgnature&on the instrument the persor�(sjt or the entity upon behalf of which the persoiCsj acte executed the instrument. EL IZA5 H EHRWG Commission # 1150021 Z WITNESS my hand and official seal. No Cry Pubc-CaGtomla oronge County My Com-n. es Aug 29, 2001 signature of Notart Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: ais®e)6 Document Date: 3���av Number of Pages: Signer(s) Other Than Named Above: v� CapacitV(!6�Claimed by Signer(s) Signer's Name: I dividual orporate Officer Q T)tle(s): 11 Q.ti / / '� T� ❑ Partner — ❑ Limited ❑ General = Attorney -in -Fact p Trustee Guardian or Conservator `--' D Other: Top c- tr.:r-.- here Signer 1s Representing: 3 Signer's Name: 4,,V ,=k ❑ Individual :L�o rporateOfficer Title(s): /"n T_e:,/ e,144 _, F 1t Partner — ❑ Limited eneral Attorney -in -Fact =l Trustee _ Guardian or Conservator -1 Other: �e c` :nJm� here Signer Is Representing: tr 01995 Nat,onal Notary Association " 8236 Remmet Ave., P O. Box 7184 • Canoga Park. CA 91309.7184 Prod- No 5907 Reorder: Ca'I Toll -Free 1-800-876-6827 STATE OF CALIFORNIA } )SS. COUNTY OF ORANGE } On April 18, 2000 , before me. Maricel Borras personally appeared Raymond E. Englert, Jr. and Lynda Hill personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) islare subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted executed the instrument. WITNESS my hand and official seal. UAflZEL MRM JMAW FLitiW • CAUFORW COMMSM # 1148442 o Signature Wof Own Eqx August2t mool (This area for official notarial seal) 3008 (1194) (General) Firsc American Tide Company r EXHIBIT A TO MEMORANDUM OF DISPOSITION AND DEVELOPMENT AGREEMENT LEGAL DESCRIPTION OF PROPERTY Page 3 of 3 4 `s:4-99A¢ree- Habitat: Memo- DDA RLS 99-161 6iIi99 LV.J7 V(,i51 V1\1 it EXHIBIT 'AFirBiT. PARCEL DECLARED AS SURPLUS AI' Na 25-I11ti.9 -,-dl LPGAL DFSC[UPTION PARCEL. No.1, AP No. 25-III-39: THAT PORTION OF LAND V'VITliIN BLOCK 2505 OF THE EAST SIDE EqLL.A TRACT, LOCATED IN THE CITY OF HUNTINGrON BEACH, COUNTY OF ORANGE, STATE OF CAUFORNTIA, AS 5HOWN ON THE MI AP FILED 1N BOOK 4, PAGE 65 OF M=LLANEOUS MAPS, LI RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: THE NORTH 30.00 FEIiT OF THE SOUTH 50.00 FEET OF SAID BLOCK 25D5. EXCEIF TIN IG THEREFROM THE WE Sr 145.00 FEET AND THE. EAST 30.00 FEET - THE ABOVE DESC[t E D PARCEL. CONTAINS 3,450 SQUARE FEET. MORE OR LE.5S- EXhIBI ''FsT A I TACT iED AND BY TH?S REFERENCE MADE A PART HEREOF_ '�1�• R. 51 DATE C9 rr. 9i E' 3 OF CAL�`r0 -)8' 4 (TUEi f0:3; CE�t`�"QY 21 P. 065 EXHIBIT T EX7-ISrT PARCEL DECLARED AS SURPLUS AP No. 25 22-36 (, d2 ���C�,, LEGAL DESCI2I 10r rARCEL Na.1, AP No. 25-I21-36: THAT PORTION OF LAND VlITiIN BLOCK 24.05 OF THE EAST SIDE VILL-k TRACT, LOCATED THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SF {OW'N' ON THE MAP FILED IN BOOK 4, PAGE 65 OF IvUSCELLANEOUS MAPS, INT RECORDS OF SAID COUNTY, DiSC'RI NED AS FOLLOWS; THE SOUTH 40.00 FEET OF THE NORTH 60.00 FEET OF SAID BLOCK 2406, EXCEi t I1iG : HERE -FROM HE W R T 30.0O FEET AND THE EAST 145.00'FEET. THE ABOVE D`SCRiEG7 PARCEL CONTI AING 5,00D SQUARE FEET, Iv:O:RE OR LESS. EXHIBIT ' 8" ATTACHED AND BY THIS REFERENCE MADE A PART HEREOF. v FSSto Z17 r 9 g1a . Kat , C.E, 2 DATE �r-sTfioF�ViLl�cq���- cr+ doh, ��' 8 yf'l1E} 14:38 CENTIIRY 21 EXHIBIT 'A' PARCEL DECLARED AS SURVLUS AP No. 25-IZI-01. 'LECAL DESCRIPTION PARCEL NO, I, AP Na, 25-121-01: THAT PORTION OF LAND WTMIN 13LOCK 2406 Or THE EAST SIDE VILLA TRACT, LOCATED IN THE CIIY OF i'_UNTINGTON BEACH, COIJINW OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON THE MAP FILED INBOOK 4, PAGE 65 OF ?MISCELLANEOUS MAPS, IN RECORDS OF SAID COUNTY, OESCRMED AS FOLLOWS: THE SOUTH 40.00 FEET OF THE NORTH 60.00 FEET OF SAID BLOCK 2405, EXCEPTING THEREFROM 7HE WEST 175.00 FF-f T . TFTE ABOVE DESCRIBED PARCEL CONTAINIS 5,000 SQUARE FEET, MORE OIc LESS. EXHIBP.''B" ATTACHED AND BY THIS REFERENCE MADE A PART HEREOF. l DATE /51 This document was electronically recorded by • First American Title insurance Company co. RECORDING REQUESTED BY: Recorded in Official Records -County of Orange Ga L Granville, Clerk -Recorder FIRST AMERICAN TITLE INSURANCE CO. �j �N�l����� ����� ����� l��j� ����� ���1� ���1� ����� �l�ll �lj NO F E E COMMERCIAL/INDUSTRIAL DIVISION VCE 20000200626 10:23am 04/19/00 SIO14 1 03 48 D02 13 0.00 0.00 0.00 0-00 0.00 0.00 0.00 0.00 OR-2076142-JP WHEN RECORDED MAIL TO: THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH 2000 MAIN STREET, 2ND FLOOR P.O.BOX 190 HUNTINGTON BEACH, CA 92648 ATTN: CITY CLERK THIS SPACE FOR RECORDERS USE ONLY DECLARATION OF COVENANTS AND RESTRICTIONS ON RESALE THIS PAGE ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION (ADDITIONAL RECORDING FEE APPLIES) DECLARATION OF COVENANTS AND RESTRICTIONS ON RESALE RECORDING REQUESTED BY } AND WHEN RECORDED MAIL TO: ) 01,2A cf a f fhb << fx C/" ) ) (Space above for Recorder's use.) THIS DECLARATION OF CONDITIONS, COVENANTS AND RESTRICTIONS FOR PROPERTY (the "Declaration") is made by and between HABITAT FOR HUMANITY OF ORANGE COUNTY, INC., a California nonprofit public benefit corporation (the "Covenantor") and THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic (the "Agency" or "Covenantee") as of the date set forth below. RECITALS A. Covenantor and the Agency have entered into a certain Disposition and Development Agreement dated ,mod, pQ , 2000 (the "Agreement", a copy of which is on file with the Agency at its offices and is a public record) pursuant to which the Covenantor has agreed to subject certain real property (referred to in the Agreement as the "Site" and referred to herein as the "Property") described in the "Legal Description of the Property" (which is attached hereto as Exhibit "A" and incorporated herein by this reference) to certain covenants, conditions and restrictions. B. The Community Redevelopment Law (California Health and Safety Code 33000 et seq.) provides that a redevelopment agency shall establish covenants running with the land in furtherance of redevelopment plans. NOW, THEREFORE, the parties hereto agree and covenant as follows: 1. Affordability Covenants. Covenantor agrees for itself, and its successors and assigns, and every, successor to Covenantor's interest in the Property, or any part thereof that for sixty (60) years from the date the Property is last sold or transferred to any subsequent purchaser or transferee (the "Expiration Date"): TaxiExempt-Government Agency a OF HUNTINGTON BEACH c Page I of 6 i" his document is solely for am 41s:4-99Agree:Hab' :Rate _ _ -` official business of the City ` R1.S 99-161 ',� i of Huntington Beach, as contegn. 611M - ,_. plated under Government Code Deputy - Sec. 6103 and should be recorded- -free of charge. (a) The Property shall only be owned and occupied by Covenantor or persons or families of "Very Low Income." "Very Low Income" shall mean persons or families earning Fifty Percent (50%) or less of Orange County median income, adjusted for appropriate family size. (b) The Property shall be kept available at Affordable Housing Cost (as defined below) to the Covenantor or other persons or families of Very Low Income. Affordable Housing Cost shall mean, as to each person or family of Very Low Income, that purchase price which would result in monthly housing payments which do not exceed an amount under any currently prevailing conventional home mortgage lending rates applied by any reputable institutional home mortgage lender, or the lending rates of any government -subsidized or special ID mortgage program for which such person or family qualifies and has obtained a first trust deed loan, which do not exceed Thirty Percent (30%) of Fifty Percent (50%) of the Orange County monthly median income for those persons and families of Very Low Income, as determined by the United States Department of Housing and Urban Development. (c) The covenant contained in this Section 1 shall run with the land. The Expiration Date for the covenant contained in this Section 1 shall be sixty (60) years from the date the Property is last sold or transferred. 2. Transfer of Property. No transfer of the Property shall occur until the Agency determines (a) that the proposed purchaser intends to occupy the Property as the proposed purchaser's principal residence, (b) that the proposed purchaser is a person or family of Very Low Income, (c) that the proposed transfer occurs at an Affordable Housing Cost. The Agency shall not be obligated to approve a transfer until and unless the proposed purchaser has submitted to the Agency such information and completed such forms as the Agency shall request to certify the proposed purchaser's intent with respect to its residency of the Property and its gross income, and the proposed purchaser has submitted an affidavit disclosing and certifying the amount of the proposed purchase price. Prior to conveyance of the Property, each approved purchaser shall submit to the Agency an executed disclosure statement which certifies that the purchaser is aware that the purchaser buying may only sell the unit at an Affordable Housing Cost to a Very Low Income person or family, that the maximum permitted sales price may be less than fair market value and that the unit must be owner -occupied at all times and cannot be rented or leased. Covenantor shall cooperate with the Agency in providing such forms to proposed purchasers and in assisting proposed purchasers to prepare such forms and to provide any required information to the Agency in connection with the Covenantor's original sale of the Affordable Unit, provided that the Covenantor shall not be obligated to incur any out-of-pocket costs in connection therewith, other than employee time dedicated to providing such assistance. THE COVENANTOR AND EACH SUCCESSOR, HEIR OR ASSIGN OF COVENANTOR UNDERSTANDS THAT THE DETERMINATION OF THE AFFORDABLE HOUSING COST CAN BE MADE ONLY AT THE TIME OF THE PROPOSED TRANSFER, TAKING INTO CONSIDERATION INTEREST RATES, THE TERMS OF SALE OFFERED TO AND THE ECONOMIC CIRCUMSTANCES OF THE PROPOSED PURCHASER AND OTHER FACTORS THAT CANNOT BE ACCURATELY PREDICTED, AND THAT THE TRANSFER PRICE PEMMITTED HEREUNDER MAY BE LESS THAN THE FAIR z Page 2 of 6 ' 4ls:4-99Agree:Habitat:Resaie r RLS 99-161 — Z. 6lli'99 Y -1 MARKET VALUE OF THE PROPERTY AND MAY NOT INCREASE OR DECREASE IN THE SAME MANNER ER AS OTHER SIMILAR REAL PROPERTY WHICH IS NOT ENCUMBERED BY THIS RESTRICTION. COVENANTOR AND EACH SUCCESSOR, HEIR OR ASSIGN OF COVENANTOR FURTHER ACKNOWLEDGES THAT AT ALL TIMES IN SETTING THE TRANSFER PRICE THE PRIMARY OBJECTIVE OF THE AGENCY AND THIS DECLARATION IS TO PROVIDE HOUSING TO ELIGIBLE PERSONS OR FAMILIES AT AN AFFORDABLE HOUSING COST. - zt Covenantor Initials The covenant contained in this Section 2 shall run with the land. The Expiration Date for the covenant contained in this Section 2 shall be sixty (60) years from the date the Property is last sold or transferred. 3. Non -Discrimination Covenants. Covenantor covenants by and for itself, its successors and assigns, and all persons claiming under or through them that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, religion, sex, marital status, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the Property, nor shall Covenantor itself or any person claiming under or through it, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees, or vendees in the Property. Covenantor and its successors and assigns, shall refrain from restricting the rental or lease (if permitted by Covenantor) or sale of the Property on the basis of race, color, religion, sex, marital status, national. origin or ancestry of any person. All such deeds, leases or contracts shall contain or be subject to substantially the following nondiscrimination or nonsegregation clauses: (a) In deeds: "The grantee herein convenants by and for himself or herself, his or her heirs, executors, administrators and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, religion, sex, marital status, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land herein conveyed, nor shall the grantee himself or herself or any person claiming under or through him or her, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessee or vendees in the land herein conveyed. The foregoing convenants shall run with the land." (b) In leases: "The lessee herein covenants by and for himself or herself, his or her heirs, executors, administrators and assigns, and all persons claiming under or through him or her, and this lease is made and accepted upon and subject to the following conditions: Page 31 of 6 ' Afs:4-99Agree:Ilabitat-Resale RLS 99-161 - — 611;99 4 y - "There shall be no discrimination against or segregation of any person or group of persons on account of race, color, religion, sex, marital status. ancestry or national origin in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the premises herein leased nor shall the lessee himself or herself, or any person claiming under or through him or her, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, sublessees, subtenants or vendees in the premises herein leased." (c) In contracts: "There shall be no discrimination against or segregation of, any person, or group of persons on account of race, color, religion, sex, marital status, ancestry or national origin, in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the premises, nor shall the transferee himself or herself or any person claiming under or through him or her, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessee or vendees of the premises." Nothing in this Section 3 shall be construed to authorize the rental or lease of the Property if such rental or lease is not otherwise permitted. The covenants in this paragraph 3 shall run with the land in perpetuity. 4. Covenants Do Not Impair Lien. No violation or breach of the covenants, conditions, restrictions, provisions or limitations contained in this Declaration shall defeat or render invalid or in any way impair the lien or charge of any mortgage or deed of trust or security interest. 5. Covenants for Benefit of City and Agency. All covenants without regard to technical classification or designation shall be binding for the benefit of the Covenantee and the City of Huntington Beach (the "City") and such covenants shall run in favor of the Covenantee and the City for the entire period during which such covenants shall be in force and effect, without regard to whether the Covenantee or the City is or remains an owner of any land or interest therein to which such covenants relate. The Covenantee and the City, in the event of any breach of any such covenants, shall have the right to exercise all the rights and remedies and to maintain any action at law or suits in equity or other proper legal proceedings to enforce and to cure such breach to which it or any other beneficiaries of these covenants may be entitled during the term specified for such covenants, except the covenants against discrimination which may be enforced at law or in equity at any time in perpetuity. Page 4 of 6 ' 4 s:4-99_igree:11abitat:Resale - RLS 99-161 i 6/ 1199 IN WITNESS WHEREOF, the Covenantee and Covenantor have caused this instrument to be executed on their behalf by their respective officers hereunto duly authorized, this 't�day of /'? �— , 2000. COVENANTOR: HABITAT FOR HUMANITY OF ORANGE COUNTY, INC., a California nonprofit public benefit corporation By Its INITIATED AND APPROVED: Di&,d e- 00 rector of Economic Development COVENANTEE: THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a pRblic body corporate and politic Chairman *Pro ATTEST: Agency Clerk APPROVED AS TO FORM: X�Agency Counsel REVIEWED AND APPROVED: Ste' Executi Director page of 6 " 4's:4-99Agree-llabitat:Resale '— RLS 99-161 611 /99 ' CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of C .9 County of 0 rve," On INkle-7 aT o2O00 personally appeared %a m before me, �124-,6444 .Virirr Name and Title of Off cer I,.y ` 0rias7 a.,sd ` Rrc Narreisi of Signerisl Xpersonally known to me - OR - - proved to me on the basis of satisfactory evidence to be the person sn whose name(EPOAaresubscribed to the within instrument and acknowledge to me that he�eh- executed the same in uthorized capacity=, and that by hisfHe hei ignatureMon the instrument the person. or the entity upon behalf of which the persoro acted, executed the instrument. A3=T c- ±zh ;RIh� COmmi55blic - Cal;fomia Cn� 11500 1 No,ary PuZ WITNESS my hand and official seal. 7. z :�m �-Orange County eyy� x ' My Corn-i. EKplre] �g 2%, 2001 Sianatu-e of No:ary Pubric OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document �►l[2 rub p7� Title or Type of Document: b," c 4 [ye v�yaG-h /S Araep( ��5�r~i G�/ ffn,S Document Date: Signer(s) Other Than Named Above: /Va_� Capacit�Claimed by Signer Signer's Name: 7r'N / rn cL-y>r Individual Corporate Officer - Title(s): = Partner — ❑ Limited C General Attorney -in -Fact Trustee _ -' Guardian or Conservator , W1 Other: I oc c.= :rjr"c here Signer Is Representing: Number of Pages: 6 Signer's Name: .Urdc1�wj dividual Corporate Officer Title(s): ReNp = Partner — ❑ Limited EfGeneral Attorney -in -Fact Trustee Guardian or Conservator - Other: Signer Is Representing 0 1995 1tiat-onal Notary Assocalion - 8236 Remme: Are.. P.O. Box 7184 • Canoga Park. CA 91309-7184 Prod. No. 5907 Reorder: Call Tch-Free 1-800-876-6827 STATE OF CALIFORNIA COUNTY OF ORANGE On April 18, 2000 , before me, Maricel Borras personally appeared Raymond E. Englert, Jr. and Lynda Hill personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) isiare subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted executed the instrument. WITNESS my hand and official seal. }G-� Sto�naturef(%"ll e (This area for official notarial seal) 61lAHrCB FuBQARAS ' :� lgTAfiY euc - CAi1< �Oru4pSSKN O I149M � EMS I= 3008 (1194) (General) First American Tide Company EXHIBIT oflo LEGAL DESCRIPTION ATTACHED HERETO- Page 6 of 6 4:'s:4-99 agtee:l labitat: Resale RLS 99-161 6i1i99 ,, •��?��:D9' �'$ ('�If£5 t�:3? �E��-,Qti, 2I F. OG,� EXHIBITT „ PARCEL DECLARED AS STJRPLUS AP No. 25- 2;-36 LEGAI; DESCRIPTr0N rARCEL No. I, AP No. 25-I23-36. THAT PORTION OF LAND WM-II BLOCK 2405 OF THE EAST S;DE VTLL4 TRACT, LOCATED W THE CITY OF HUNTINGTON REACH, COU.\rrY OF ORANGE, SrATE. OF CALIFORNIA, AS SHOWS ,i ON THE MAP FILED IN BOOK 4, PAGE 65 OF WSCELLANEOUS MAPS, W , RECORDS OF SAID C0ULNTY, DLSCRMED AS FOLLOWS: THE SOL7H 40.00 FEET CF THE NORTH 60.00 FEE': OF SAID BLOCK 2406. EXCET'TING THEREFROM 1TIE WEST 20.00 FEET AVID THE EAST 145.00 FE�r. THE ABOVE DESCRIBED PARCEL COIv'TAWS 5,000 SQUARE FEET, MOIRE OR LESS. EXHIBIT " S" ATTACHED AND BY THIS REFERENCC MADE A PAR T F.r- (EOF. h CIVIL- Q 1-7 EMMT.T rA EXHIBIT PARCEL DECLARED AS SURPLUS AP No. 25-12Y-01 . UEGAI'.. DESCRIPTION ]PARCEL No,1, AP No. 2S-I21-02: THAT PORTION OF LAND YrtFMIN BLOCK 2406 OF THS EAST SIDE VILLA T-ZACT, LOCATED IN 'ih"E CITY Of HUNT INGTON BEACH, COLUII'TY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON THE MAP FILED rN' BOOK 4, PAGE 65 OF 141SCELLANFrOUS MAPS, IN RECORDS OF SAID COUNTY, DF—r-CRIBED AS FOLLOWS: THE SOUTH 40.00 FEET OF THE NORTH 60.00 FEET OF SAID BLOCK 2 06, r EXCEPTING THEREI-ROM THE WEST 175.00 FEET. THE ABOVE DESCRIBED PAr%CEL CaNTAINS 5,000 SQUARE. FEET, MORE OR LESS. EXHIBIT 'B" ATTACHED AND BY THIS REFERENCE MADE A PART hEREOF. I �7 DATE F.OII E:MIBIT qW t1 Ar PARCEL DECLARED AS SURPLUS All No. 25-I11--39 -1:5oti E� LEGAL DESCRIPTION PARCEL No. 1, AF No- 25-111-39: THAT PORTION OF LAND WYFEI't BLOCK 2505 OF THE EAST SIDE VILLA TRACT, LOCATED LN TEM CITY OF 1iU.NTINGTONT BEACH, COUNTY OF ORANGE, STATE OF CALIFOMA, AS SHOWN ON THE MI AP FILED IN BOOK 4, PAGE 55 OF MLECELLANEOUS MAPS, LN RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOWS: THE NOiZTH 30.00 FEIZ- OF THE SO"JTI-i 50.00 FEET OF SAID BLOCK 2505. EXCEPTING THEREFROM THE WEST 145.00 FEET AND THE EA-S 30,00 FEET. THE ABOVE DESCRIBED PARCEL CONTAINS 3,450 SQUARE FEE '1, ?.00ZE OR LESS. EXHIBIT ''B" ATTACHED AND BY THIS REFERENCE MADE A PART HEREOF. -771 GPI, R_ 61 DATE m m E 3 Yr REGORMKOAST, ED BY FIRST AhhMW= sr` NCE COMPANY RECORDING REQUESTED BY: ) AND WHEN RECORDED MAIL TO: ) The Redevelopment Agency of ) the City of Huntington Beach ) 2000 Main Street P.O. Box 190 ) Huntington Beach, CA 92648 ) Attn: et `T . ) e�� c•14� w f.IC, x" l6J _1_1Z_ -Lo-1 61 BIZ - SR This document was electronically recorded by First American Title Insurance Company 5-t�'°" ciikks Cal oYu b1NnI. T EW- Div T�. TviorNt10 MPTfn[W4II Recorded in Official Records,County of Orange } hh, ranville, Clerk -Recorder lliNllllllllllllllllllll NO FEE ' 20000200625 10:23am 04/19/00 }1 103 48 G02 13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 The undersigned Grantor declares: Documentary transfer tax is S THE REDEVELOPMENT AGENCY OF THE CITY OF HUNT'INGTON BEACH By: ��= 6A114W, Its: £Xs: ufrUF_ '��Ne�krSr Dated: /Hcws.A a o 12000 GRAI T DEED U cU For valuable consideration, receipt of which is hereby acknowledged, the REDEVELOPMENT ¢ m AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body, corporate and politic, of the State Z of California, herein called "Grantor" acting to carry out the Redevelopment Plan, herein called � 0 "Redevelopment Plan" for the Redevelopment Project, herein called "Project", under the Community E z Redevelopment Law of California, hereby grants to HABITAT FOR HUlvIA1�TITY OF ORANGE o Z COUNTY, INC.. a California nonprofit public benefit corporation, herein called "Grantee", the real , property hereinafter referred to as the "Property", described in Exhibit A attached hereto andU. e _ incorporated herein, subject to the existing easements, restrictions and covenants of record described 15 O there. Y �U 1. Grantor excepts and reserves from the conveyance herein described all interest of the Grantor in oil, gas, hydrocarbon substances and minerals of every kind and character lying more than 500 feet below the surface, together with the right to drill into, through, and to use and occupy all parts of the Property lying more than 500 feet below the surface thereof for any and all purposes incidental to the exploration for and production of oil, gas, hydrocarbon substances or minerals from said site or other lands, but without, however, any right to use either the surface of the Property or any portion thereof within 500 feet of the surface for any purpose or purposes whatsoever. This document is solely for the official business of t-ZA Cii�,r fit;--r ?, as contem- R:�Eor;Gc°L:�rrii-11eE i Code 41SA-99Agree:Habitat: GrmDeed Sec. 8103 and shoLdd be Peccrded RLS 99-161 Page 1 of 5 Vaa 0V chwga, 6/1, 99 U a a 2. The Property is conveyed in accordance with and subject to the Redevelopment Plan which was approved and adopted by Ordinance No. 2577 of the City Council of the City of Huntington Beach, and a Disposition and Development Agreement entered into between Grantor and Grantee dated I Q coo (the "DDA"), a copy of which is on file with the Grantor at its offices as a public record and which is incorporated herein by reference. 3. The Grantee shall devote the Property only to the development permitted and the uses specified in the applicable provisions of the Redevelopment Plan for the Project (or any amendments thereof approved pursuant to paragraph 9 of this Grant Deed), and this Grant Deed, whichever document is more restrictive. 4. The Property is conveyed to Grantee at a purchase price, herein called "Purchase Price", determined in accordance with the uses permitted. Therefore, Grantee hereby covenants and agrees for itself, its successors, its assigns, and every successor in interest to the Property that the Grantee, such successors and such assigns, shall develop, maintain, use and operate the Property only as follows: (a) Grantee shall develop the Property, together with certain adjacent real property owned by Grantee (collectively referred to in the DDA as the "Site") for residential housing uses, as set forth in the DDA. (b) Grantee shall make available all of the residential units to be developed on the Site to "Very Low Income Households", as set forth in the DDA and the attachments thereto. (c) For the period of time set forth in the DDA, Grantee shall maintain the improvements on the Property in conformity with the Huntington Beach Municipal Code and shall keep the Property free from any accumulation of debris or waste materials. During such period of time, Grantee shall also maintain the required landscaping in a healthy condition. If, at any time during the period that this maintenance covenant is in effect, Grantee fails to maintain said landscaping, and said condition is not corrected after expiration of fifteen (15) days from the date of written notice from the Grantor, either the Grantor or the City of Huntington Beach may perform the necessary maintenance and Grantee shall pay such costs as are reasonably incurred for such maintenance. (d) Prior to Grantor's issuance of a Certificate of Completion for the project to be developed on the Site pursuant to the DDA, Grantee shall not sell, transfer, subdivide, or convey all or any portion of its interest in the Site without the prior approval of the Grantor except as permitted in the DDA. 5. The Grantee agrees for itself and any successor in interest not to discriminate upon the basis of race, color, creed, national origin, ancestry, sex, marital status or religion, in the sale, lease, or rental or in the use or occupancy of the Property hereby conveyed or any part thereof. Grantee covenants by and for itself, its successors, and assigns, and all persons claiming under or through them that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, national origin, ancestry, sex, marital status or religion in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the Property, nor shall the Grantee itself or any person claiming under or through it, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, Iessees, sub -tenants, sublessees, or vendees in the Property. The foregoing covenants shall run with the land. 6. No violation or breach of the covenants, conditions, restrictions, provisions or limitations contained in this Grant Deed shall defeat or render invalid or in any way impair the lien or charge of any 415:4-99Agree_Habita1: GrntDeed RLS 99-161 Page 2 of 5 611199 mortgage or deed of trust or security interest permitted by the DDA; provided, however, that any subsequent owner of the Property shall be bound by such remaining covenants, conditions, restrictions, limitations and provisions, whether such owner's title was acquired by foreclosure, deed in lieu of foreclosure, trustee's sale or otherwise. 7. All covenants contained in this Grant Deed shall be covenants running with the land. Grantee's obligation to develop the Improvements on the Property and the Site as described in the DDA and Paragraphs 2 and 4(a) hereof, and the covenants and restrictions set forth in Paragraph 4(d) hereof, shall terminate and shall become null and void upon recordation of a Certificate of Completion pursuant to the DDA. The covenants and restrictions in Paragraph 4(b) of this Grant Deed relating to Grantee's obligation to make a certain number of residential units available to Very Low Income Households shall terminate and become null and void at the end of the "Affordability Period" as defined in the DDA. The covenants contained in Paragraph 4(c) shall continue in effect during the time period specified in the DDA. Every covenant contained in this Grant Deed against discrimination contained in paragraph 5 of this Grant Deed shall remain in effect in perpetuity. After the expiration of any of the aforesaid covenants and restrictions, as provided herein, Grantor agrees to cooperate with Grantee in causing such covenants to be removed as an encumbrance upon the Site and releasing any purchaser and encumbrancer for value from such restrictions, as otherwise consistent with the purposes of this Agreement. 8. All covenants without regard to technical classification or designation shall be binding for the benefit of the Grantor, and such covenants shall run in favor of the Grantor for the entire period during which such covenants shall be in force and effect, without regard to whether the Grantor is or remains an owner of any land or interest therein to which such covenants relate. The Grantor, in the event of any breach of any such covenants, shall have the right to exercise all the rights and remedies and to maintain any actions at law or suits in equity or other proper proceedings to enforce the curing of such breach. 9. Both before and after recordation of a Certificate of Completion, both Grantor, its successors and assigns, and Grantee and the successors and assigns of Grantee in and to all or any part of the fee title to the Property shall have the right to consent and agree to changes in, or to eliminate in whole or in part, any of the covenants, easements or restrictions contained in this Grant Deed without the consent of any tenant, lessee, easement holder, licenses, mortgages, trustee, beneficiary under a deed of trust or any other person or entity having any interest less than a fee in the Property. The covenants contained in this Grant Deed, without regard to technical classification shall not benefit or be enforceable by any owner of any other real property within or outside the Project Area, or any person or entity having any interest in any other such realty. 10. Grantee agrees for itself, and its successors and assigns, and every successor to Grantee's interest in the Property, or any part thereof that for sixty (60) years from the date of recordation of this Grant Deed for the Property (the "Expiration Date"): (a) The Property shall only be owned and occupied by Grantee or persons or families of "Very Low Income." "Very Low Income" shall mean persons or families earning Fifty Percent (50%) or less of Orange County median income, adjusted for appropriate family size. (b) The Property shall be kept available at Affordable Housing Cost (as defined below) to the Grantee or other persons or families of Very Low Income. Affordable Housing Cost shall mean, as to each person or family of Very Low Income, that purchase price which would result in monthly housing payments which do not exceed thirty percent (30%) of Fifty Percent (50%) of the 4's-4-99Agree:Habitat: GmtDeed RLS 99-161 Page 3 of 5 6.'1:99 Orange County monthly median income for those persons and families of Very Low Income, as determined by the United States Department of Housing and Urban Development. (c) The covenant contained in this Section 10 shall run with the land and shall automatically terminate and be of no further force or effect upon the Expiration Date. 11. No transfer of the Property shall occur until the Agency determines (a) that the proposed purchaser intends to occupy the Property as the proposed purchaser's principal residence, (b) that the proposed purchaser is a person or family of Very Low income, and (c) that the proposed transfer occurs at an Affordable Housing Cost. The Agency may require such information and completed forms as needed to certify the transfer price and proposed purchaser's intent with respect to its residence in the unit and its gross income. Prior to any conveyance of an Affordable Unit, each approved purchaser shall be required to submit to the Agency an executed disclosure statement which certifies that the purchaser is aware that the purchaser may only sell the unit at an Affordable Housing Cost to a Very Low Income Household, that the maximum pennitted sales price may be less than fair market value and that the unit must be owner -occupied at all titres and cannot be rented or leased without the prior written consent of the Agency. Grantee shall cooperate with the Agency in providing such forms to proposed purchasers and in assisting proposed purchasers to prepare such forms and to provide any required information to the Agency in connection with the Grantee's original sale of the Affordable Unit, provided that the Grantee shall not be obligated to incur any out-of-pocket costs in connection therewith, other than employee time dedicated to providing such assistance. The Developer intends to reserve a Right of First Refusal to repurchase any Affordable Unit upon any proposed transfer thereof, as more particularly described in Declaration of Covenants and Restrictions on Resale (Attachment No. 9 to the Disposition and Development Agreement). Upon receipt of the executed disclosure statement referred to hereinabove, if the Developer does not exercise its Right of First Refusal to repurchase any Affordable Unit, the Agency shall have the right in its sole discretion to repurchase any such Affordable Unit from the owner thereof at an Affordable Housing Cost as defined herein, by paying the owner the Affordable Housing Cost in cash within 60 days of the exercise of this repurchase right by the Agency. THE GRANTOR, GRANTEE AND EACH SUCCESSOR, HEIR OR ASSIGN OF GRANTEE AND GRANTEE UNDERSTANDS THAT THE DETERMINATION OF THE AFFORDABLE HOUSING COST CAN BE MADE ONLY AT THE TIME OF THE PROPOSED TRANSFER, TAKE IG INTO CONSIDERATION INTEREST RATES, THE TERMS OF SALE OFFERED TO AND THE ECONOMIC CIRCUMSTANCES OF THE PROPOSED PURCHASER AND OTHER FACTORS THAT CANINTOT BE ACCURATELY PREDICTED, AND THAT THE TRANSFER PRICE PERMITTED HEREUNDER MAY BE LESS THAN- THE FAIR MARKET VALUE OF THE PROPERTY AND MAY NOT INCREASE OR DECREASE IN THE SAI E MANNER AS OTHER SIMILAR REAL PROPERTY WHICH IS NOT ENCUMBERED BY THIS RESTRICTION. COVENANTOR AND EACH SUCCESSOR, HEIR OR ASSIGN OF CONVENANTOR FURTHER ACKNOWLEDGES THAT AT ALL TIMES IN SETTING THE TRANSFER PRICE THE PRIMARY OBJECTIVE OF THE AGENCY AND THIS DECLARATION IS TO PROVIDE HOUSING TO ELIGIBLE PERSONS OR FAMILIES AT AN AFFORDABLE HOUSING COST. V Grantor Initials Grantee Initials 41s:4-99Agree-Habitat: GmtDeed R1S 99-161 Page 4 of 5 611199 The covenant contained in this Section 1 ] shall run with the land and shall automatically terminate and be of no further force or effect upon the Expiration Date. IN WITNESS WHEREOF, the Grantor and Grantee have caused this instrument to be executed on their behalf by their respective officers hereunto duly authorized, this' Yt�' day of A ad _ , 2000. THE REDEVELOPMENT AGENCY OF THE C Y OF HUNTINGTON BEACH, a public dy corporat and politic By Chairman ?� TErn ExecugfVa Director By AV e-- — � irector of Econ c Development ATTEST: Agency Clerk APPROVED AS TO FORM f^-- Agency Attorney -5A5/ —spa The undersigned Grantee accepts title subject to the covenants hereinabove set forth. HABITAT FOR HUMANITY OF ORANGE COUNTY; INC. a California nonprofit public benefit corporation i 41SA-99Aeree-Habitat: GmtDeed RLS 99-161 Page 5 of 5 6.'1'99 • _CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of County of Oro x On lkl a r G� W 2dop before me, �%izq zG Date Name and Tale of Ofter (e.g.,' Doe, Notary Pubnc') personally appeared �vrn /�4r".W �� Name(s) or Srgner(s) gpaersonally known to me — OR — ❑ proved to me on the basis of satisfactory evidence to be the person whose name)49/osubscribed to the within instrument and acknowledged to me that /the executed the same in hisJ�er eir authorized capac(ty� and that by t eir ignature(5) on the instrument the personG or the entity upon behalf of which the persor�D acted, executed the instrument. i E! : i :ZA5-EHRING Commision :�- 1150021 WITNESS my hand and official seal. z L :Q Nolary Puclic - Cclifomia ; Z 'Y . Orange County gy p My Cor. rn. D=;.,et Aug 29, 2001 . igrature of Not Pu 'it OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: _3/2-1 /o o Signer(s) Other Than Named Above: Capacit Q Claimed by Signers Signer's Name:-o,>w ❑ Individual ael*6orporate Officer Title(s): CA Pro ❑ Partner — ❑ Dmited ❑ General ❑ Attorney -in -Fact TrusteeIn _ 11 E. Guardian or Conservator ;- E. Other: - •a of thumb here Signer Is Representing- i Number of Pages: Signer's Name: Sri ;= Individual ✓Corporate Officer �y , Title(s): ❑ Partner --- ❑ Limited ! 33 GeAeral ❑ Attorney -in -Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: O 1995 National Notary Association - 8236 Rommel Ave., P.O. Box 7,84 - Canoga Park, CA 91309.7184 Prod. No. 5907 Reorder: Cap Toll -Fee 1-800-876-6827 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of �- County of _On c"-e- 61, On ^Z22a,4'G6 .2006) before me, Pate Name and Tale of Officer (e.g., Jane ,Notary Public? personally appeared �� 4?� 1_2� , Name(s) of Signers) 'personally known to me ❑ proved to me on the basis of satisfactory evidence to be the persomli%hose na s ar subscribed to t within instrument and acknowledge that he executed the same in their thorized capaci ies and that by hi&U their igna urea] on the instrument the persorgs , or the entity upon behalf of which the persor(s acted, executed the instrument. EUZABEM ERRING Corii.,rssion# 115o02iWITNESS my hand and official seal. z49MY Notary PuoGc- CaiitomioOrarsge county Comma-'k sAu929,MD1 signature of Notary blic OPTIONAL Though the information below is not required by taw, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document- ���z74 Document Date: t7 Number of Pages: Signer(s) Other Than Named Above: Capaci �jesaimed by Sign c(s) Signer's Name: D Individual l]?1Corporate icer,j>YEj ,�� Title(s): ❑ Partner — C Limited 7 General ❑ Attorney -in -Fact ❑ Trustee _ El or Conservator ❑ Other: o0 ",humb Signer Is Representing: r Signer's Name: ❑ Individual SKCorporate Officer Title(s): 0 Partner -- imited C Ge ❑ Attorney -in -Fact ❑ Trustee Guardian or Conservator Other: Signer Is Representing: �&o 0 1996 National Notary Association • 8236 Remmet Ave_, P.O. Box 7184 - Canoga Park CA 91309-7184 Prod. No. 5907 Reorder Call Toil -Free 1-800.876-6827 • CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of 60 County of61 Y On Date personally appeared ell before me, Name and Title of Officer (e.g., - Name(s) of Signers} Notary Public") impersonally known to me ❑ proved to me on the basis of satisfactory evidence to be the persons whose name' re ubscribed t within instrument and acknowle to me that elthey executed the same in their thorized capaci (e and that byjislher4teir ignaturiO4 on the instrument the person(o, or the entity upon behalf of which the persogl Ef171,5ET}i EH3AG acted, executed the instrument. "r Commission 1150021 z WITNESS my hand and official seal. z F->'ffi Noiay Pubic - California� Orange County My Comm. Bq es Aug 29, 2DD1 Signature of Notary Public 61 OPTIONAL Though the information below is not required bylaw, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: 0 Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) �Cllaimed by Signer(s) Signer's Name: ' l tY ❑ Individual Corporate Officer Z_x_�rQG1 Title(s): ❑ Partner -- i_ Limited = General ❑ Attorney -in -Fact Trustee Guardian or Conservator ;-- �VQP Other; of thjimb he,e Signer Is Representing: Signer's Name: Individual :;P Corporate Officer Title(s): Partner — Limited ❑ General Attorney -in -Fact Trustee _ El Guardian or Conservator ;. Other: I TN of thumb here Signer Is Representing: 0 1996 National Notay Association • 8236 Remmet Ave-. PO. (3C.x 7184 • Canoga Park, CA 91309-71a4 Prod_ No. 5907 Reorder. Call TO -Free 1-800-876-6827 STATE OF CALIFORNIA COUNTY OF ORANGE ) ) SS. On April 18, 2000 , before me, Maricel Borras personally appeared Raymond E. Englert, Jr. and Lynda Hill personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted executed the instrument. WITNESS my hand and official seal. Signature (This area for official notarial seal) 1gTARY�PUBUso C. � C 1►pSSIdM all ORANGE COUMY MY fin+. Exg 21 MW 3008 (1194) (General) First American Tide Company EXHIBIT 'A° LEGAL DESCRIPTION OF PROPERTY Exhibit "A" to Attachment No. 4 F. 0I I i v41 sV JJ Vui11 Vt\f Ll 5ltl<3 t:{l i e �rB:ET "B" EXHIBIT n t PARCEL DECLARED AS SURPLUS AV No. 2.5-II139 LEGAL DESCIUMON PARCEL No. I, AP R'o. 25-I I 1-39: THAT PORTION OF LAND WTMR,. BLOCK 2505 OF THE EAST SIDE VILLA TRACT, LOCATED IN 1"HE CI?Y OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CA.UFORNti`IA, AS SI iOWN ON THE MAP FILED IN BOOK 4, PAGE 65 OF MLCELLANEOUS MAPS, LN RECORDS OF SAID COUI\17', DESCRIBED AS FOL LOVS: THE NORTH 33.00 FF-1371 OF THE SOUTH 50.00 FEET Oi Sl'-.30 BLOCK 2535. EXCEI t ING THEREFROM THE WEST 745.00 FEET AND THE EAST 30.00 FEET. THE ABOVE DESCRIBL•D PARCEL. CONTAINS 3,450 5QiJARE FcFi', h/;ORE OR LESS. EXHIBIT 'B" 1_ i FACT ED AND BY TW.S REFERFI\TCE MADE A PART HEREOF. - -7f - 1 I R.C`- %61 DATE m rr: E 319 r Civil_ U�t'N OF CA��Y 9' 98(�ifEl 1U:3' CE ""`4Y 21 P.4G5 1 LSt't. J��+�J (+I� HUNT { i 1 i :.: 1 f.i i1i v� h H. 1�0 �'t�8 2 3 �+ i i � 1 � -EXHIBIT PARCEL DECLARED AS SUAP' LUS AP No. 2-5- 2I-a6 i)z lx�� LEGAL DESCRIPTION PARCEL No.1, AP No. 25-I21-35: THAT PORTION OF LAND WTd HIN BLOCK 2405 OF THE EAST SIDE ViL? 4 TRACT, LOCATED IN THE CITY OF HUNTTNGTON BEACH, COUNTY OF ORANGE, SPATE OF CALiFORNIA, AS S.HoWx ON THE MAP FILED IN BOOK 4, PAGE 65 OF MISCELLANEOUS MAPS, TN RECORDS OF S�,_TD COUNTY, DESCRIBED AS FOLLOWS; THE SOUTH 50.00 FEET OF THE NORTH 60.00 FE 1 OF SAID BLOCK 2405. EXCEPTIIIG THEREFROM -,TIE WEST 30.00 FEET AND THE FAST 145.00 FEET. THE ABOVE DFSC1UnE;a PARCEL CONTI'AINS 5,000 SQUARE FEET, MORE OR LESS. EXHIBIT OW ATTACHED AND BY THIS REFERENCE MADE A PART HEREOF. -1171-9-7 • gIa . Ka C.E. Z DATE civil- �FOF CAS<<�� y 6 0TEM 10 : 38 CENT]1RY 21 P. 008 Cl Y OF. NJNT;HG 0ILI' 3E,:C;f.CA r`�iiBiT „B" IOUD MAR 2 3 A I I' 11 PARCEL DECLARED AS SURPLUS All No. 25-1 Z1-01 . o �Akr . _ %EGALDESCRIi'TIOI�T PARCEL No.1, AP No. 25-32I-0I: THAT PORTION OF LAND VJmw\T BLOCK 2406 OF THE EAST 5IDE VILLA TRACT, LOCATED IN THE Crry OF HutMNGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON THE MAP FfLED IN" BOOK 4, PAGE 65 OF 1-IISCELL41NEOUS MAN, IN RECORDS OF SA.iD COUNTY, DESCR BED AS FOLLOWS: TI-r SOUTH 40.00 FEET OF THE NORTH 60.00 FEET O: SAID B LOCK 2405. EXCE i''i ING THERE M- OM THE W IEST 175.00 FEET. THE ABOVE DESCRIBED PARCEL CONTAINS 5,000 SQUARE FEET, MORE OR LESS. EXHIBt i "B" ATTACHED AND BY THIS REFERENCE)vfAD- A PART HEREOF. { LiLs . K tq, C.E 61xp DAiE - OF CAL% EXHIBIT 'A° �- ,. HOI.T�, LION aFV . 1 Council/Agency Meeting Held: 3 ZO -- 00 Deferred/Continued to: Approved ❑ Conditionally Approved ❑ Denied rk's Signature Ci vy Council Meeting Date: March 20, 2000 Department ID Number: ED 00-15 CITY OF HUNTINGTON BEACH REQUEST FOR COUNCIL/REDEVELOPMENT AGENCY ACTION SUBMITTED TO: HONORABLE MAYOR/CHAIRMAN AND CITY COUNCIL =� MEMBERS/REDEVELOPMENT AGENCY MEMBE SUBMITTED BY: Ray Silver, City Administrator/Executive Director PREPARED BY: David C. Biggs, Director of Economic Development SUBJECT: Joint Public Hearing: Approve Disposition and Dove lop rnentD Agreement (DDA) with Habitat for Humanity, Orange County, for the Acquisition of 2422 England Street, 2501 England Street, and 2419 Florida Street. cTi ems. c4o . JoW - 3o Acq;z-,kQ YW-S. 01o_ 3aa Statement of Issue, Funding Source, Recommended Action, Alternative Action(s), Analysis, Environmental Status, Attachment(s) Statement of Issue: A Disposition and Development Agreement (DDA) between the Redevelopment Agency and Habitat is submitted for approval. The DDA outlines the conditions for the transfer and use of the Agency -owned properties and commits the Agency to pay up to $50,000 in building and planning permit fees. The Agency will use redevelopment housing set aside funds to pay this obligation. Funding Source: Currently budgeted Redevelopment Housing Set Aside funds from Account No. E-TX-ED-810-6-10-00. Recommended Action: Motion to: City and Redevelopment Agency Actions: 1. Conduct a joint public hearing that was continued open from February 22, 2000, on the DDA. 2. Close the public hearing. City Action(s): 1. Adopt Resolution No. ' "-36 of the City Council of the City of Huntington Beach authorizing the conveyance of 2422 England Street (formerly 602 Yorktown Avenue), 2501 England Street, and 2419 Florida Street (formerly 620 Yorktown Avenue) by the Redevelopment Agency to Habitat for Humanity, Orange County, for the construction of three single family detached housing units. REQUEST FOR COUNCIUREDEVELOPMENT AGENCY ACTION MEETING DATE: March 20, 2000 DEPARTMENT ID NUMBER: ED 00-15 City Action(s): (continued) 2. Direct staff to ensure that all insurance requirements outlined in the DDA are submitted and approved by the City Attorney prior to the close of escrow. Redevelopment Agency Actions: Adopt Resolution No. 309 of the Huntington Beach Redevelopment Agency authorizing the conveyance of 2422 England Street (formerly 602 Yorktown Avenue), 2501 England Street, and 2419 Florida Street (formerly 620 Yorktown Avenue) to Habitat for Humanity for the construction of three single family detached housing units for ownership by very low income families. 2. Approve a Disposition and Development Agreement between the Redevelopment Agency and Habitat for Humanity and authorize its execution by the Chairperson and Agency Clerk after execution by Habitat, when advised by the City Attorney's Office. Alternative Action(s): 1. Do not approve the transaction, or modify the proposed transaction. Analysis: Staff and Habitat for Humanity have concluded negotiations for three properties that were originally acquired by the City as part of the Yorktown Avenue widening project. Staff and Habitat have concluded negotiations (a complete outline of deal points for both agreements is included as Attachment No. 6) and have agreed to the following terms: Redevelopment Agency Responsibilities The Agency agrees to: • Transfer the parcels to Habitat for Humanity at no cost (acquired from the City on August 3, 1998, for $189,000). • Assume the obligation to perform required off -site improvements if required by the Public Works Department (estimated at $30,000). • Fund up to $50,000 in development and plan check fees. • Assume up to $50,000 in hazardous materials remediation costs, if any. Developer Responsibilities • Habitat will construct three single family housing units including garages and private open space outlined in Conditional Use Permit No 99-33. HABTRCA.DOC -2- 03/1010011:57 AM REQUEST FOR COUNCILIREDEVELOPMENT AGENCY ACTION MEETING DATE: March 20, 2000 DEPARTMENT ID NUMBER: ED 00-00 Developer Responsibilities (cont.) • All units will remain affordable for sixty years for households earning less than 50% of Orange County median income (defined as very low income) as defined in Section 50052.5 of the California Health and Safety Code. • Restrictive covenants must be recorded against the properties (DDA Exhibit No. 9). These covenants govern the resale and income restrictions and outline the Agency's refusal right to re -purchase the properties (when they become available, and second to Habitat's right). Project Description The proposed project will be built on vacant Agency -owned parcels fronting Yorktown Avenue, just east of the Civic Center (see Attachment No. 3). The site is in a Community Development Block Grant (CDBG) enhancement area where a mix of aging single family homes and rental properties are combined with newer multifamily rental properties. A new ownership opportunity will be a welcome addition to this low and moderate income neighborhood. There will be one two -bedroom unit and two four -bedroom units with 1,500 and 1,340 square feet of living space respectively. The units will have dining rooms, washers and dryers, and two car garages. A Habitat volunteer committee screens potential buyers of the homes. These would-be home owners must contribute 600 hours of usweat equity", either by working on other Habitat projects or helping with office work, or some combination or volunteer work for Habitat. A 1 % downpayment is required. Homeowners are chosen based on need, ability to repay the loan, family size, commitment to Habitat goals and willingness to volunteer time on behalf of Habitat. Race or religion are not factors in the selection process. Long term affordability is a goal of both Habitat and the Redevelopment Agency. Not only are the initial buyers required to be very low income at the time of purchase, Habitat reserves a first right of refusal to re -purchase a unit from a seller. If Habitat does not re- purchase the home the Agency has the second right -of -refusal to purchase the unit. Any subsequent transfer must be approved by Habitat and the Agency has the right to inspect and verify all documents that demonstrate the potential buyer's household income. HABTRCA.DQC -3- 03/06/00 4:01 PM s' r � REQUEST FOR COUNCI LIREDEVELOPMENT AGENCY ACTION MEETING DATE: March 20, 2000 DEPARTMENT ID NUMBER: ED 00-15 In August of 1998, the Council's Economic Development Committee (EDC) heard a presentation on the project by Agency staff and Habitat. The EDC was supportive of the project. The Agency's involvement with this project is consistent with the City Council's established goal of providing for a diverse housing stock throughout the community. Environmental Status: Categorically exempt under the National Environmental Protection Act (NEPA). DDA is exempt under the California Environmental Quality Act (CEQA), Section 15303, Class 3 and Section 153012, Class 12. Attachment(s)• 1. City Resolution As- NO- UOO — 30 2. Agency Resolution �T-5 NO, 308 3. Location Map: 7682 Ronald Road 4. Disposition and Development Agreement 5. Summary Report 33433 6. Reduced Site Plan, Elevations and Floor Plans GAB:gb: ext. 8831 HABTRCA.DOC -4- 03/08/00 4:44 PM City Resolution ATTACHMENT #1 cA,,,/,5 0r.It " DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND HABITAT FOR HUMANITY OF ORANGE COUNTY, INC. This Disposition and Development Agreement ("Agreement") is entered into by and between THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a' public body corporate and politic (the "Agency") and HABITAT FOR HUMANITY OF ORANGE COUNTY, INC., a California nonprofit public benefit corporation (the "Developer") on this 20tbday of March , 2000. The Agency and the Developer hereby agree as follows: SECTION 1: SUBJECT OF AGREEMENT 1.01 Purposes of Agreement The purpose of this Agreement is to effectuate the Redevelopment Plan (as hereinafter defined) for the City of Huntington Beach Redevelopment Project Area (the "Project Area") by providing for the disposition and development of certain property (the "Agency Parcels") situated outside the Project Area. The Agency Parcels are to be developed with approximately three (3) single family residential units (one unit per parcel), all of which shall be made available at an affordable housing cost to very low income households for a certain period of time, as set forth in Section 4.01 hereof (the "Improvements"). The disposition and development of the Agency Parcels as provided in this Agreement are in the vital and best interests of the City of Huntington Beach (the "City") and the health, safety and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local laws and requirements under which the Project has been undertaken. 1.02 The Redevelopment Plan The Redevelopment Plan for the Project Area was approved and adopted by Ordinance No. 2577 of the City Council of the City of Huntington Beach. Such ordinance and the Redevelopment Plan as approved and amended (the "Redevelopment Plan") are incorporated herein by reference. 1.03 The Site The Site is that Area so designated on the Site Map which is attached hereto as Attachment No. 1 and incorporated herein by reference. The Site consists of the Agency Parcels. The parcels which constitute the Site are more specifically described in the "Legal Description" which is attached hereto as Attachment No. 2 and incorporated herein by reference. d s'4-99-A¢ree:}labitat: DDA Habi C-2'22M RLS 99-161 1.04 Parties to the Agreement: The Agency The Agency is a public body, corporate and politic, exercising governmental functions and powers and organized and existing under Chapter 2 of the Community Redevelopment Law of the State of California. The principal office of the Agency is located at 2000 Main Street, P.O. Box 190, Huntington Beach, California 92648. "Agency", as used in this Agreement, includes the Redevelopment Agency of the City of Huntington Beach and any and all assignees of or successors to its rights, powers and responsibilities. 1.05 Parties to the Agreement: The Developer The Developer is Habitat for Humanity of Orange County, Inc., a California nonprofit corporation. The principal office and mailing address of the Developer for purposes of this Agreement is 2165 S. Grand Avenue, Santa Ana, CA 92705. By executing this Agreement, each person signing on behalf of the Developer warrants and represents to the Agency that the Developer has the full power and authority to enter into this Agreement, that all authorizations required to make this agreement binding upon the Developer have been obtained, and that the person or persons executing this Agreement on behalf of the Developer are fully authorized to do so. Whenever the term "Developer" is used in this Agreement, such term shall include any and all nominees, assignees, or successors in interest to the interest of Developer in all or any portion of this Agreement and/or the Site as herein set forth; provided, however, that except as specifically set forth in Sections 4.01, 4.02 and 4.04 herein, nothing in this Agreement is intended to be binding upon the purchasers of residential units developed on the Site or upon any incorporated or unincorporated association formed to own, manage, operate or maintain the common areas within the Site, and nothing in this Agreement shall be so construed. 1.06 Prohibition Against Change in Ownership, Management and Control of Developer and Prohibition Against Transfer of the Site The qualifications and identity of the Developer are of particular interest to the Agency. It is because of these qualifications and identity that the Agency has entered into this Agreement with the Developer. Consequently, prior to the Agency's issuance of a Certificate of Completion with respect to the development to occur on the Site pursuant to Section 3.16 herein, and except as expressly permitted in Section 4 below and in this Section 1.06, no person, whether a voluntary or involuntary successor of Developer, shall acquire any rights or powers under this Agreement nor shall the Developer assign all or any part of this Agreement or all or any portion of the Site with respect to which a Certificate of Completion has not been issued without the prior written approval of the Agency, which approval shall not be withheld unless the Agency reasonably determines that the assignee does not have the development expertise or experience and/or financial capability necessary to carry out the duties of the Developer under this Agreement. This restriction on Developer's right of assignment and 2 4\04-99-Agree: Habitat: DDA Habi t\21/2 2!00 RLS 99-1 G l �• the provisions of this Section 1.06 shall terminate and have no further force or effect upon the issuance of a Certificate of Completion for the Site. Any purported transfer, voluntary or by operation of law, in violation of this Section 1.06 shall constitute a default hereunder and shall confer no rights whatsoever under this Agreement upon any purported assignee or transferee. Notwithstanding any other provision of this Agreement to the contrary, Agency approval of an assignment of this Agreement or transfer of the Site or any interest therein shall not be required in connection with any of the following: (i) The conveyance or dedication of any portion of the Site to the City of Huntington Beach or other appropriate governmental or quasi -governmental agency, including public utility companies, where the granting of easements or permits facilitate the development of the Site. (ii) Any sale of individual housing units to owner -occupants of such housing units, provided that no such sale or transfer of an individual housing unit closes or becomes final prior to issuance of a Certificate of Occupancy (or such other final occupancy permit as is earlier granted by the City) issued with respect to the portion of the development in which the individual housing unit is located. No assignment of the Developer's obligations with respect to this Agreement or the Site for which Agency approval is required, and specifically excluding assignments for financing purposes, except those types of assignments identified in subparagraph (i) above, shall be effective unless and until the proposed assignee executes and delivers to the Agency an agreement in form reasonably satisfactory to the Agency's attorney assuming the obligations of the Developer which have been assigned. Thereafter, the Agency shall release the assignor in writing from performance of those obligations pursuant to this Agreement which are expressly assumed by the assignee. No consent or approval by the Agency of any assignment or transfer requiring the Agency's approval shall constitute a waiver of the provisions of this Section 1.06 with respect to any subsequent assignment or transfer requiring the Agency's approval. 1.07 Representations by the Developer and the Agency 1. Developer Representations. The Developer represents and warrants to the Agency as follow: a. The Developer is a validly created California corporation in good standing and has and will in the future duly authorize, execute and deliver this Agreement and any and all other agreements and documents required to be executed and delivered by the Developer in order to carry out, give effect to, and consummate the transactions contemplated by this Agreement. 3 4. 4`--sA-99-Agrce: Hab i tat: DDA Habk12l22i00 RIS 99-161 b. Except as disclosed in writing to the Agency, the Developer does not have any material contingent obligations or any material contractual agreement which could materially adversely affect the ability of the Developer to carry out its obligations hereunder. C. There are no material pending or, so far as is known to the Developer, threatened, legal proceedings to which the Developer is or may be made a party or to which any of its property is or may become subject, which have not been fully disclosed in the material submitted to the Agency which could materially adversely affect the ability of the Developer to carry out its obligations hereunder. d. There is no action or proceeding pending or, to the Developer's best knowledge, threatened, looking toward the dissolution or liquidation of the Developer and there is no action or proceeding pending or, to the Developer's best knowledge, threatened by or against the Developer which could affect the validity and enforceability of the terms of this Agreement, or materially and adversely affect the ability of the Developer to carry out its obligations hereunder. Each of the foregoing items a to d, inclusive, shall be deemed to be an ongoing representation and warranty. The Developer shall advise the Agency in writing if there is any change pertaining to any matters set forth or referenced in the foregoing items a to d, inclusive. 2. Agency Representations. The Agency represents and warrants to the Developer as follows: a. The Agency has and will in the future authorize, execute and deliver this Agreement and any and all other agreements and documents required to be executed and delivered by the Agency in order to carry out, give effect to and consummate the transactions contemplated by this Agreement. b. The Agency does not have any material contingent obligations or any material contractual agreements which could materially adversely affect the ability of the Agency to carry out its obligations hereunder. C. There are no material pending or, as far as it known to the Agency, threatened, legal proceedings to which the Agency is or may be made a party or to which any of its property is or may become subject, which have not been fully disclosed to the Developer which could materially adversely affect the ability of the Agency to carry out its obligations hereunder, or which could adversely affect the enforceability of this Agreement. d. The Agency shall convey fee title to the Agency Parcels and all right, title and interest in same to Developer in accordance with the terms of this Agreement. 4 � = ,- 4'ss :4-99-AgreeMabitat: DDA Habit .2i22l00 - RLS 99-161 ' Each of the foregoing items (a) through (d) shall be deemed to be an ongoing representation and warranty. The Agency shall advise the Developer in writing if there is any change pertaining to any matters set forth or referenced in the foregoing items (a) through (d). SECTION 2: ACQUISITION AND DISPOSITION OF THE SITE 2.01 Disposition of the Agency Parcels I . Provided that the Developer is not in default of this Agreement and in accordance with the subject to all of the terms, covenants and conditions of this Agreement, and at or before the time established in the Schedule of Performance (Attachment No. 3), the Agency agrees to convey to the Developer and the Developer agrees to accept purchase from the Agency the Agency Parcels (the "Conveyance"). There shall be no purchase price for the Agency Parcels. The Agency shall donate the Agency Parcels to the Developer. 2. The Developer shall develop housing units (all of which the Developer has agreed to make available to persons of very low income at an affordable housing cost, as provided in Section 4.01 herein), and shall pay all of those costs, charges, fees and expenses as hereafter expressly provided to be paid by Developer pursuant to this Agreement, and shall, at its cost, provide all of the Improvements required by this Agreement to be provided by the Developer. 2.02 Escrow The Agency agrees to open an escrow with First American Title Insurance Company, or with another mutually agreeable escrow company (the "Escrow Agent"), by the time established therefor in the Schedule of Performance (Attachment No. 3) for conveyance of the Agency Parcels (the "Agency Parcel Escrow"). The Agency will pay all escrow fees. This Agreement constitutes the joint basic escrow instructions of the Agency and the Developer for the escrow, and a duplicate original of this Agreement shall be delivered to the Escrow Agent upon the opening of the escrow. The Agency and the Developer shall provide such additional escrow instructions as shall be necessary for and consistent with this Agreement. The Escrow Agent is hereby empowered to act under this Agreement, and the Escrow Agent, upon indicating within five (5) days after the opening of the Escrow its acceptance of the provisions of this Section 2.02, in writing delivered to the Agency and the Developer, shall carry out its duties as Escrow Agent hereunder. Upon the Agency's delivery of the "Grant Deed" (as hereafter defined) for the Agency Parcels to the Escrow Agent pursuant to Section 2.04 of this Agreement, and the Declaration of Covenants and Restrictions on Resale (Attachment No. 9), the Escrow Agent shall record such deed and covenants when title can be vested in the Developer in accordance with the terms and provisions of this Agreement. The Developer shall accept conveyance of title or possession of the Agency Parcels as provided herein. The Escrow Agent shall pay any applicable transfer tax. Any insurance policies covering the Agency Parcels are not to be transferred. d s`.4-99-Agree:I 1abitat=DDA11abft`2/22+00 RLS 99-161 The Agency shall pay into the escrow all fees, charges and costs including, but not limited to, all transfer taxes, recording costs, title costs in accordance with Section 2.09 hereof, promptly after the Escrow Agent has notified the Agency of the amount of such fees, charges and costs, but not earlier than ten (10) days prior to the scheduled date for closing the escrow. The Agency shall timely and properly execute, acknowledge and deliver a deed in substantially the form of the "Grant Deed" for the Agency Parcels (which is attached to this Agreement as Attachment No. 4 and is incorporated herein). The Escrow Agent is authorized to: 1. Pay and charge the Agency for any fees, charges and costs payable under this Section 2.02 of this Agreement. Before such payments or charges are made, the Escrow Agent shall notify the Agency and the Developer of the fees, charges and costs necessary to clear title and close the applicable escrow. 2. Disburse funds and deliver the appropriate deed(s), the covenants and other documents to the parties entitled thereto when the conditions of the applicable escrow have been fulfilled by the Agency and the Developer. Funds deposited shall not be disbursed by the Escrow Agent unless and until the Escrow Agent has recorded the Grant Deed for the Agency Parcels (Attachment No. 4) and the Declaration of Covenants and Restrictions on Resale (Attachment No. 9) required to be recorded against the entire Site hereof and has delivered to the Developer and (if requested by the Agency) the Agency, respectively, a title insurance policy insuring title and conforming to the requirements of Sections 2.05 and 2.08 of this Agreement. 3. Record any instruments delivered through the escrows, if necessary or proper, to vest title in the Developer in accordance with the terms and provisions of this Agreement. 4. Record the Memorandum of Agreement (Attachment No. 6) against the Site concurrently with the closing of the Agency Parcel Escrow. All funds received in the escrow will be deposited by the Escrow Agent, with other escrow funds of the Escrow Agent in an interest earning general escrow account or accounts with any state or national bank doing business in the State of California. Such funds may be transferred to any other general escrow account or accounts. All disbursements shall be made by check of the Escrow Agent. All adjustments are to be made on the basis of a thirty (30) day month. If the escrow is not in condition to close on or before the time for conveyance established in Section 2.06 of this Agreement, either party who then shall have fully performed the acts to be performed before the conveyance of title may, in writing, demand from the Escrow Agent the return of its money, papers or documents deposited with the Escrow Agent. No demand for return shall be recognized until ten (10) days after the Escrow Agent shall have mailed copies of such demand to the other party or parties at the address of its or their 6 4`s'A-99-Agree-Habitat -DDAHabiti2i22i00 RLS 99-161 principal place or places of business. Objections, if any, shall be raised by written notice to the Escrow Agent and to the other party within the ten (10) day period, in which event the Escrow Agent is authorized to hold all money, papers and documents with respect to the parcels which are the subject of that escrow until instructed by a mutual agreement of the parties or by a court of competent jurisdiction. If no such demands are made, the Escrow shall be closed as soon as possible. The Escrow Agent shall not be obligated to return any such money, papers or documents except upon the written instructions of both the Agency and the Developer or until the party entitled thereto has been determined by a final decision of a court of competent jurisdiction. Any amendment to these escrow instructions shall be in waiting and signed by both the Agency and the Developer. At the time of any amendment, the Escrow Agent shall agree to carry out its duties as Escrow Agent under such amendment. All communications from the Escrow Agent to the Agency or the Developer shall be directed to the addresses and in the manner established in Section 6.01 of this Agreement for notices. demands and communications between the Agency and the Developer. The liability of the Escrow Agent in the capacity as escrow holder with respect to the Conveyance is limited to performance of the obligations imposed upon it under Sections 2.02 through 2.09, inclusive, and Section 2.13 of this Agreement. 2.03 Conveyance of Title and Delivery of Possession Subject to any extensions of time mutually agreed upon in writing between the Agency and the Developer, the conveyance of the Agency Parcel shall be completed on or prior to the date specified therefor in the Schedule of Performance (Attachment No. 3). The Schedule of Performance (Attachment No. 3) is subject to revision from time to time as mutually agreed upon in writing between the Developer and the Agency's Executive Director. The Agency and the Developer agree to perform all acts necessary to conveyance of title in sufficient time for title to be conveyed in accordance with the foregoing provisions. Possession shall be delivered to the Developer concurrently with the conveyance of title. The Developer shall accept title and/or possession on or before the dates established in the Schedule of Performance (Attachment No. 3) for the conveyance of the Agency Parcel. 2.04 Form of Deed for the Conveyance The Agency shall convey to the Developer title to the Agency Parcels, excepting the mineral rights thereto as provided below in Section 2.05, in the condition provided in Section 2.05 of this Agreement by grant deed substantially in the form of the Grant Deed (Attachment No. 4). 7 4Lsk4-99-Agree:Habitat DDAHabit�?!22iOo = RLS 99-161 2.05 Condition of Title The Agency shall convey to the Developer fee simple merchantable title to the Agency Parcels, subject to the Declaration of Covenants and Restrictions on Resale (Attachment No. 9) which pertain only to the Site, and excepting the mineral rights as provided below. Said title shall be free and clear of all recorded or unrecorded liens, encumbrances, covenants, assessments, easements, leases and taxes, except for covenants and easements of record which the Developer approves in writing, the Redevelopment Plan, and the provisions contained in the Grant Deed (Attachment No. 4). The Agency shall act diligently and promptly to conform the condition of title to the Agencv Parcels to that required for the Developer to proceed with development of the Improvements. In no event shall the Developer be required to accept title subject to a deed of trust or mortgage. The Agency shall reserve and except from the conveyances all interests in oil, gas, hydrocarbon substances and minerals of every kind and character lying more than 500 feet below the surface, together with the right to drill into, through, and to use and occupy all parts of the Agency Parcels lying more than 500 feet below the surface thereof for any and all purposes incidental to the exploration for and production of oil, gas, hydrocarbon substances or minerals from said site or other lands, but without, however, any right to use either the surface of the Agency Parcels or any portion thereof within 500 feet of the surface for any purpose or purposes whatsoever. 2.06 Time for and Place of Deliver of Deed Subject to any mutually agreed upon extension of time, the Agency shall deposit the Grant Deed (Attachment No. 4) with the Escrow Agent on or before the dates established for the respective conveyances pursuant to the Schedule of Performance (Attachment No. 3). 2.07 Recordation of Documents The Escrow Agent shall file the Grant Deed (Attachment No. 4), and Declaration of Covenants and Resale Restrictions (Attachment No. 9, as described in Section 4.01(6) herein) and the Memorandum of Agreement (Attachment No. 6) for recordation among the land records in the Office of the County Recorder for Orange County. 2.08 Title Insurance Concurrently with recordation of the Grant Deed (Attachment No. 4) conveying title to the Agency Parcel, First American Title Insurance Company (the "Title Company") shall provide and deliver to Developer title insurance policies issued by the Title Company insuring that the title to such parcels is vested in Developer in the condition required by Section 2.05 of this Agreement. The Title Company shall provide the Agency with copies of the title insurance policies. Subject to increase by Developer at its expense, the t tle insurance policy for the Agency Parcels shall be for the amount ofOnp- 6119r A &w t4 N1h��6yaA Dollars (S�DO-0 The Agency shall bear that amount equal to the cdstlof a standard ALTA 4+s':a-99-Agree: Habitat :DDAHabiQb22M RLS 99-161 policy for the foregoing amount of coverage. All additional costs incurred for or related to such title insurance policies shall be borne solely by the Developer unless such costs arise out of a defect in the condition of title required to be delivered in accordance with Section 2.05 above, in which case Agency shall be responsible for same. The Developer may, at its option and at its cost, obtain coverage in excess of such amounts, or any endorsements. 2.09 Taxes and Assessments Ad valorem taxes and assessments, if any, on the Agency Parcels, levied, assessed or imposed for any period commencing prior to recordation of the Grant Deed shall be borne by the Agency, and any of such taxes and assessments imposed for any period from and after the applicable conveyance of title to or possession of such parcels shall be borne by the Developer. 2.10 Occupants of the Parcels Possession of the Agency Parcels shall be delivered to the Developer and title shall be conveyed to it with no occupants or rights of possession by others. including by adverse possession, and no liens or encumbrances except pursuant to any approved title exceptions and this Agreement. 2.11 Phvsical Condition of the Parcels 1. Environmental Condition. The Agency is unaxvare of, after diligent inquiry, and has not received any notice or communication from any government agency having jurisdiction over the Agency Parcels notifying the Agency of the presence of surface or subsurface zone hazardous materials, waste, or contamination in, on, or under such parcels, or any portion thereof. Within the time set forth in the Schedule of Performance (Attachment No. 3), the Developer shall investigate the environmental condition of the Site. The Agency shall reimburse the Developer for the cost of the investigation up to a maximum amount of Fifty Thousand Dollars (550,000.00). Such investigation shall include such activities as a qualified environmental expert or consultant acceptable to Agency and Developer (the "Environmental Consultant") deems necessary or appropriate to determine the environmental condition of the Site, but, in any case, including preparation of at least a Phase 1 report for the entire Site. The Agency shall make available at its sole cost the Agency Parcel for the Environmental Consultant to conduct such investigation. Developer shall copy the Agency on all correspondence and notify the Agency at least two (2) business days in advance of any meeting or site inspection by Environmental Consultant. If the Environmental Consultant finds that the projected cost of all activities necessary to correct or remove any hazardous waste, materials or contamination in, on or under the Agency Parcels found in its investigation, including the cost of investigation by the Environmental Consultant (the "Remediation Cost") exceeds Fifty Thousand Dollars (550,000), then either party may terminate this Agreement, within thirty (30) days after notice of the _ projected Remediation Cost, by the procedures set forth in Sections 5.09 and 5.10 herein; _. provided, however. that if one of the parties, at its option, agrees to pay the excess of the actually 4`-,sW-99-Aeree:Habitat; DDAHabi r-2121 2'00 RLS 99-161 incurred Remediation Cost over Fifty Thousand Dollars (S50,000), the other party may not terminate this Agreement. If the Environmental Consultant finds that the projected Remediation Cost, including the cost of the investigation, is Fifty Thousand Dollars (S50,000) or less, then the Agency shall be required to fund the entire Remediation Cost. The Agency shall comply with CERCLA (Comprehensive Environmental Response, Compensation and Liability Act of 1980) 42 U.S.C. § 9601, et seq., and California Health and Safety Code § § 25100, et seq., 25300, et seq., 25280, et seq. Any Remediation performed pursuant to this Agreement shall be performed pursuant to the provisions of Health and Safety Code § 33459, er seq. Upon the Conveyance of the Agency Parcels, the Developer agrees to and shall release the Agency and its officers, directors, employees, representatives and agents and its successors of interest from and against all expenses (including, without limitation, reasonable attorneys' fees and disbursements), losses, or liabilities suffered by the Developer by reason of governmental action or third party claims arising out of preexisting hazardous materials, waste, or contamination, exacerbation, movement, release, or contamination of such parcels or the Site, including those arising from the Agency's breach of its representation set forth in the first sentence of this Section 2.11 or the negligence or wrongful acts or omissions of Agency in its ownership, operation or remediation of the Agency Parcels. 2. Soils Condition. The Agency shall grant to the Developer, and the Developer's agents, employees and independent contractors, the right of access to and entry upon the Agency Parcels for the purpose of inspection thereof, and conducting surveys, soils tests, and similar work to ascertain the soils condition of those parcels. The Developer shall release the Agency and the City, and their respective officers, employees, agents and representatives, from and against any damages, claims or other liabilities arising out of any injury or damages resulting from the activities of Developer or its agents, employees or independent contractors pursuant to any such access to, entry upon, or inspection of such parcel, excluding damage arising from pre-existing conditions. The Developer shall reasonably determine whether the soils condition is suitable for the uses to which such parcels are to be put under this Agreement, and shall approve or disapprove of the soils condition of the parcel on that basis, by written notice to the Agency within sixty (60) days of the Agency's execution of this Agreement for the Agency Parcels. If the Developer reasonably disapproves the soils condition of the parcel, the Agency may elect, within thirty (30) days of its notice of such disapproval, to cure such condition. If the Agency does not elect to cure the condition, the Developer shall not be obligated to purchase the parcel, as set forth in Paragraphs B.4 of Section 2.13 hereof. If it so elects, Agency shall cure prior to close of escrow. 2.12 Preliminary Work Prior to the conveyance of title, representatives of Developer shall have the right of access to all portions of the Agency Parcels at all reasonable times for the purpose of obtaining data and making surveys and tests necessary to cam, out this Agreement, including the investigation of the environmental condition of the Agency Parcels pursuant to Section 2.11 hereof. Any preliminary work undertaken on the Agency Parcels by Developer prior to 10 4's':3-99-Agree:Habim: DDAHabit`..2122/00 RLS 99-161 conveyance of title or possession thereto shall require a written temporary right of entry agreement or license agreement which provides for indemnity and insurance protecting the Agency and the City in a form reasonably acceptable to the parties and executed by the Agency Executive Director. Any such preliminary work shall be at the sole expense of Developer (except as expressly provided in Section 2.11 hereof). The Developer shall release the Agency and the City against any claims resulting from all preliminary work and access or use of the Agency Parcels undertaken by Developer or its agents pursuant to this Section 2.12. Copies of data, surveys and tests obtained or made by the Developer with respect to such parcels pursuant to this Section 2.12 shall be filed with the Agency within fifteen (15) days after receipt by the Developer. Any preliminary work by the Developer shall be undertaken only after securing any necessary permits from the appropriate governmental agencies. 2.13 Conditions Precedent to the Conveyances A. Conditions to Agency's Obligation to Convey Agency Parcels. Prior to and as conditions to the Agency's obligation to convey the Agency Parcels, each of the following conditions shall be satisfied (or waived by the Agency in its sole and absolute discretion) by the respective times established therefor in the Schedule of Performance (Attachment No. 3): I . the Developer is not in default of this Agreement; 2. the Developer has obtained all entitlements and approvals for development of the Improvements on the Site, as set forth in Section 2.14 hereof, and the City is prepared to issue grading permits for all of the Improvements promptly following the conveyance; 3. the Developer provides proof satisfactory to the Agency Executive Director that the Developer has obtained sufficient cash reserves or other satisfactory funding commitments for the Improvements and such cash reserves or other satisfactory funding will be available concurrently with the Conveyance, as required by Section 2.15 of this Agreement; 4. the Developer provides to the Agency Executive Director insurance certificates conforming to Section 3.08 of this Agreement; 5. any environmental remediation required pursuant to Section 2.11 herein with respect to the Agency Parcels is complete, to the satisfaction of the Agency Executive Director; 11 4`s14-99-Agree: Habitat: DDAHabi 02)22!00 RLS 99-101 6. the Developer has executed and recorded or delivered to the Escrow Agent for recording the Declaration of Covenants and Restrictions on Resale (Attachment No. 9), as set forth herein; 7. the Agency has not exercised its right to terminate this Agreement pursuant to Section 5.10 hereof; and The foregoing items numbered 1 to 7, inclusive, together constitute the "Conditions Precedent to the Agency's Obligation to Convey." B. Conditions Precedent to the Developer's Obligation to Acquire the Agency Parcels. Prior to and as conditions to the Developer's obligation to purchase the Agency Parcels, each of the following conditions shall be satisfied (or waived by the Developer in its sole and absolute discretion) by the respective times established therefor in the Schedule of Performance (Attachment No. 3): the Agency shall not be in default of this Agreement; 2. the Agency shall have executed the Grant Deed with respect to the Agency Parcels (Attachment No. 4) and delivered the executed Grant Deed to the Agency Parcels Escrow Agent and the Title Company shall be prepared to issue the title policy referred to in Section 2.08; 3. any environmental remediation required pursuant to Section 2.11 herein with respect to the Agency Parcels is complete, to the satisfaction of the Developer; 4. the condition of the soils (excluding the environmental condition) of the Agency Parcels is approved or deemed approved by Developer pursuant to Section 2.11.2 of this Agreement; Developer has obtained funding necessary to undertake the Improvements reasonably satisfactory to the Developer and approved by the Agency pursuant to Section 2.15; 6. the City is prepared to issue grading permits for all of the Improvements upon the Site upon payment of all applicable fees, provided that this condition shall be deemed satisfied if the City is not prepared to issue such permits but the Developer has exercised reasonably diligent efforts to obtain such permits; 12 4'%s!4-99-Agree: Habi tat: DDAYIabitU/22MO RLS 99-161 7. the Developer has not exercised its right to terminate the Agreement pursuant to Section 5.09 hereof, 8. There has been no condition placed upon the development of the Agency Parcel with respect to the entitlements and approvals obtained for the project pursuant to Section 2.14 below which, in Developer's good faith determination, render the Project economically or operationally unfeasible or which materially violate the Charter, policies or bylaws of Developer or its national organization. The foregoing items numbered 1 to 8, inclusive, together constitute the "Conditions Precedent to Developer's Obligation to Acquire the Agency Parcels." 2.14 Zoning of the Site Before and as a condition precedent to the Agency's obligation to convey the Agency Parcels, the Developer shall make appropriate application to the City and secure or cause to be secured any and all conditional use permits, and any other permits which may be required by the City or any other governmental agency affected by such construction, development or work. Subject to the provision of this Agreement regarding allocation of costs and fees between Developer and Agency, (Section 3.09) the Developer shall be responsible to make such further appropriate application to the City of Huntington Beach as may be necessary to satisfy all provisions of the California Subdivision Map Act (Government Code Section 66410, et seq.), obtain all building permits, as required, and to satisfy all other local enactments pursuant thereto applicable with respect to the development of the Site, if any such further actions are necessary for the development of the Site. 2.15 Submission of Evidence of Available Funding As required in this Agreement and within the time established therefor in the Schedule of Performance (Attachment No. 3), the Developer shall use its best efforts to obtain, and if successful shall submit to the Agency evidence that the Developer has obtained sufficient funding necessary to undertake the development of the Site in accordance with this Agreement. For purposes of this Section, "funding" shall mean monetary commitments to finance the construction, and shall not include volunteer labor. The Developer shall provide evidence of immediately available funds concurrently with and as a condition to the conveyance of the Agency Parcels. The Agency Executive Director shall approve or disapprove such evidence of funding prior to the Conveyance and within the time set forth in the Schedule of Performance. Approval shall not be unreasonably withheld or conditioned. If the Agency Executive Director shall reasonably disapprove any such evidence of funding, the Agency Executive Director shall do so by written notice to the Developer stating the reasons for such disapproval and the Developer shall promptly use its best efforts to obtain, and if successful submit to the Agency new evidence of funding. The Agency Executive Director shall approve or disapprove such new evidence of funding in the same manner and within the same times established in this Section 2.15 for the approval or disapproval of the evidence of funding as 13 4's4-99-Agrec: Hab i tat - D DAHabit'?/22M RLS 99-161 initially submitted to the Agency. Such evidence of funding shall include a financial statement and/or other documentation satisfactory to the Agency Executive Director as evidence of other sources of capital sufficient to demonstrate that the Developer has adequate funds to cover the difference, if any, between construction and completion costs minus any financing authorized by mortgage loans. 2.16 Relocation The Agency agrees to perform all relocation obligations, at its sole cost, required by law as a result of the execution of this Agreement and the construction of the Improvements. SECTION 3: DEVELOPMENT OF THE SITE 3.01 General Plan and Zoning Ordinance. Agency represents that the City's General Plan and Zoning Ordinances permit Developer's proposed development and use of the Site as described in this Agreement, subject to such entitlements as may be required by said zoning ordinance. 3.02 Scope of Development The Site shall be developed in accordance with the approvals and entitlements to be obtained pursuant to Section 2.14 hereof, and as provided in the "Scope of Development" which is attached hereto as Attachment No. 5 and is incorporated herein. The development of the Site shall include both private improvements on the Site (the "On -Site Improvements") and public improvements off -site required by the City and/or the Agency and associated with the development of the Site (the "Off -Site Improvements;" the On -Site Improvements and the Off -Site Improvements are referred to collectively as the "Improvements"). Except as othenvise provided herein with respect to payment of fees, all such development of the On -Site Improvements shall be at the sole cost and expense of the Developer, and development of the Off -Site Improvements shall be at the sole cost and expense of the Agency. The Developer shall construct the Off -Site Improvements, and the Agency will reimburse the Developer for the cost of the Off -Site Improvements. Upon the conveyance of title to the Agency Parcels, the Developer shall commence and complete construction of the On -Site Improvements by the time established therefor in the Schedule of Performance (Attachment No. 3). The development shall include all improvements shown in the final plans and specifications submitted to and approved by the City and Agency, and shall incorporate or show compliance with all conditions and mitigation measures, if any, to the approvals referenced in Section 2.14 herein. 14 4W4-99-Agree: Habitat: DDA Habit'%2.!22i00 RLS 99-161 3.03 Site Plan The Agency acknowledges that the Developer has prepared and submitted, and the City and Agency have preliminarily approved a Site Plan, a funding plan and a development concept package (hereafter "Design Concept and Drawings") and related documents which conform to requirements of the Agency and which contain the overall plan for development of the Site. The Site shall be developed as established in this Agreement and such documents except as changes may be mutually agreed upon between the Developer and the Agency. Any such changes shall be within the limitations of the Scope of Development (Attachment No. 5). 3.04 Construction Drawings and Related Documents By the time set forth therefor in the Schedule of Performance (Attachment No. 3), the Developer shall prepare and submit to the City in form suitable for plan check, construction drawings, landscape plans, and related documents for development of the Improvements. Approval of the construction drawings and the Schedule of Performance shall be granted by the Agency if they conform to the Design Concept Drawings and the Scope of Development. Any items so submitted and approved in writing by the Agency shall not be subject to subsequent disapproval. Any items disapproved shall be revised and resubmitted within fifteen (15) days of disapproval. The landscaping and finished grading plans shall be prepared by a professional landscape architect or registered civil engineer who may be affiliated with the same firm as the Developer's architect or civil engineer. During the preparation of all drawings and plans, staff of the City and the Agency and the Developer shall hold regular progress meetings to coordinate the preparation of, submission to, and review of drawings, plans and related documents by the City. The staff of City and the Agency and the Developer shall communicate and consult informally as frequently as is necessary to insure that the formal submittal of any documents to the Agency can receive prompt and speedy consideration. 3.05 Review and Approval of Plans Drawings and Related Documents The Agency Executive Director and the City shall have the right of architectural and planning review of all plans and submissions, including any changes therein. During each stage of the processing for Improvements, the Agency Executive Director and the City shall have the right to reasonably require additional information subject to compliance with the Permit Streamlining Act and shall advise the Developer if any submittal of plans or drawings is not complete or not in accordance with City/Agency procedures. If the Agency Executive Director or the City determines that such a submittal is not complete or not in accordance with procedures and notifies Developer of such fact in writing within ten (10) days following submittal thereof to the City or Agency, as the case may be, such 15 4VN4-99 .Agree:Habitat: DDAHabit'2122%00 RLS 99-IGl tender shall not be deemed to constitute a submittal for purposes of satisfying the Schedule of Performance (Attachment No. 3). If the Developer desires to make any substantial changes in the construction plans after their approval by the Agency Executive Director and the City, the Developer shall submit the proposed change to the Agency and the City for their approval. If the construction plans, as modified by the proposed change, conform to the requirements of Section 3.05 of this Agreement and the Scope of Development (Attachment No. 5) the Agency Executive Director and the City will approve the proposed change and notify the Developer in writing within 30 days after submission to the Agency Executive Director and the City. 3.06 Cost of Development Except as expressly set forth hereinbelow or else in this Agreement, all costs for planning, designing, and constructing only the On -Site Improvements and other duties of Developer set forth in this Agreement shall be borne exclusively by the Developer. The Agency assumes the responsibility to construct and shall let contracts for or cause to be constructed all Off -Site Improvements developed pursuant to this Agreement. 3.07 Construction Schedule The Developer shall commence and complete the On -Site Improvements by the time established therefor in the Schedule of Performance (Attachment No. 3) or such reasonable extensions of such dates as mutually approved by the parties in writing pursuant to Section 6.03 herein, or otherwise. 3.08 Indemnity, Bodily Iniury and Property Damage Insurance The Developer shall defend, assume all responsibility for and hold the Agency and the City, and their respective officers, agents and employees, harmless from all claims or suits for, and damages to, property and injuries to persons, including accidental death (including attorneys fees and costs), which may be caused by any of the Developer's activities under this Agreement, whether such activities or performance thereof be by the Developer or anyone directly or indirectly employed or contracted with by the Developer and whether such damage shall accrue or be discovered before or after termination of this Agreement. The Developer shall take out and maintain, until a Certificate of Completion for the Project is granted by the Agency, a comprehensive general liability policy in the amount of One Million Dollars (S1,000,000) combined single limit policy, including contractual liability, as shall protect the Developer, the City, and the Agency from claims for such damages. The policy may not be on a claims made basis. Insurance coverage furnished by the Developer pursuant to this Section 3.08 shall conform to this Section 3.08 and shall pertain to all activities on the Site and adjacent public rights -of -way surrounding the Site and all work by Developer or its contractors on off -site public improvements. 16 4%sti4-99-Agree: Habi tat_D DA Habit%2.22M RLS 99-161 Developer shall furnish Agency a certificate of insurance from the insurer evidencing compliance with this Section 3.08 and providing that the insurer shall not cancel or modify the policy without thirty (30) days' written notice to Agency. Developer shall give Agency prompt and timely notice of any claim made or suit instituted. Agency and City and their officers, employees and agents, shall also be named as additional insured in any policies of Developer's contractors covering work under this Agreement, and such policies shall comply with this paragraph. Coverage shall be primary and not contributing with any policy or coverage maintained by or obtained by the Agency, and an appropriate endorsement shall so state. The policy shall contain a waiver of subrogation. Such certificates shall be approved by the City Attorney. Developer shall be responsible for compliance with all of the provisions of the Workers Compensation Insurance and Safety Acts of the State of California, the applicable provisions of Divisions 4 and 5 of the California Labor Code, and all amendments thereto, and all similar State or Federal acts or laws applicable to the activities of Developer pursuant to this Agreement, and shall provide policies in amounts not less than One Hundred Thousand Dollars (S100,000) bodily injury by accident, each occurrence, and One Hundred Thousand Dollars (S100,000) bodily injury by disease, each employee, and Two Hundred Fifty Thousand Dollars (S250,000) bodily injury by disease, policy limit. Developer shall hold Agency and City harmless from any claims arising thereunder. Developer shall furnish to Agency a certificate of Workers Compensation insurance providing that the insurer shall not cancel or modify the policy without thirty (30) days' prior written notice to Agency. 3.09 City_and_Other Governmental Agency Permits Before commencement of construction or development of any buildings, structures or other works of improvement upon the Site or within the Project Area, the Developer shall secure or cause to be secured any and all permits which may be required by the City or any other governmental agency affected by such construction, development or work. The Agency shall pay all such permit fees up to a maximum amount of Fifty Thousand Dollars (S50,000.00). Any and all permit and processing fees (including, but not limited to, the fees noted on the Schedule of Fees (Attachment No. 8) exceeding said maximum amount shall be paid by the Developer. It is understood that the Developer is obligated to timely submit to the City final drawings with final corrections to obtain building permits; the Agency will use its reasonable best efforts to expedite issuance of building permits and certificates of occupancy for construction that meets the requirements of the City Code. 3.10 Rights of Access For the purpose of assuring compliance with this Agreement, representatives of the Agency and the City shall upon providing reasonable notice, have the right of access to the Site without charges or fees, at normal business hours during the period of this Agreement for the purposes of this Agreement, including, but not limited to, the inspection of the work being performed in constructing the Improvements, so Iona as they comply with all safety rules. Such representatives of the Agency or of the City shall be those who are so identified in writing by the Director of the Agency. The Agency shall indemnify and hold the Developer and 17 4's!4-99-_ Eree-Habitat: DDAHabit'-1!22iO4 RLS 99-161 its employees, volunteers, directors and contractors harmless from any claims, or suits for, and damages to, property or bodily injury or related damages arising out of the activities of the Agency and the City as referred to in this Section 3.10. The Developer shall place and maintain on the Site signs indicating the respective roles of the Developer and the Agency in the Project. The cost of the signs and their installation shall be borne solely by the Agency. 3.11 Local, State and Federal Laws The Developer shall perform under this Agreement and carry out its performance under this Agreement, including without limitation the construction of the Improvements, in conformity with all applicable federal and state laws and local ordinances, including all applicable federal and state labor standards, as to the Site, provided, however, Developer and its contractors, successors, assigns, transferees, and lessees do not waive their rights to contest any such laws, rules or standards. 3.12 Non -Discrimination Pursuant to Health & Safety Code Sections 33435 and 33050 (of the California Community Redevelopment Law) the Developer for itself and its successors and assigns, agrees, that in the construction of Improvements on the Site or other performance under this Agreement, the Developer will not discriminate against any employee or applicant for employment because of race, color, religion, sex, material status, ancestry, or national origin. 3.13 Taxes and Assessments After the conveyance of title to the Agency Parcel, the Developer shall pay when due all real estate taxes and assessments on the Site so long as the Developer retains any interest therein. Prior to the sale or transfer of the Site, or any portion thereof, the Developer shall remove or have removed any levy or attachment made on any of the Site or any part thereof, or assure the satisfaction thereof within a reasonable time but in any event prior to said sale or transfer. 3.14 Grant of Easements Except as prohibited by Section 1.06 hereof, the Developer may grant temporary or permanent easements or permits to facilitate the development of the Site. 3.15 Right of the Agency to Satisfy Other Liens on the Site After Title Passes After the conveyance of title to the Agency Parcel and prior to the completion of construction of the Improvements on the Site, and after the Developer has had written notice and has failed after a reasonable time, but in any event not less than thirty (30) days, to challenge, cure, adequately bond against, or satisfv any liens or encumbrances on the 18 4W A-99-Agree: Habitat-DDAHabi tl,2!22!00 RLS 99-161 Site which are not otherwise permitted under this Agreement, the Agency shall have the right but no obligation to satisfy any such liens or encumbrances. 3.16 Certificate of Completion Promptly after the completion of all of the Improvements on and with respect to the Site in conformity with this Agreement (as determined by the Executive Director of the Agency) but excluding normal and customary tenant improvement items, and upon the written request of the Developer, the Agency Executive Director shall on behalf of the Agency furnish the Developer with an executed and notarized Certificate of Completion (in the form attached hereto as Attachment No. 7), suitable for recordation, which evidences and determines the satisfactory completion of such construction, provided that such Certificate of Completion does not release the Developer from those provisions and covenants specified in this Agreement, the Grant Deed, the Redevelopment Plan and the California Community Redevelopment Law which survive the completion of construction. The issuance and recordation of a Certificate of Completion (Attachment No. 7) with respect to the Improvements shall not supersede, cancel, amend or limit the continued effectiveness of any obligations relating to the maintenance, or uses, or payment of monies, or any other obligations except for the obligation to complete construction of the Improvements as of the time of the issuance of such certificate. If the Agency refuses or fails to furnish a Certificate of Completion after written request from the Developer, the Agency shall, as soon as reasonably possible but in no event later than five (5) business days of the written request, provide the Developer with a written statement of the reasons the Agency refused or failed to furnish such Certificate of Completion. Upon issuance of a Certificate of Completion (Attachment No. 7) for the Improvements, construction of the applicable Improvements shall be conclusively deemed to have been completed in conformity with this Agreement. The Certificate of Completion is not a notice of completion as referred to in Section 3093 of the California Civil Code. SECTION 4: USE OF THE SITE 4.01 Affordable Housing 1. Construction of Affordable HOUsI — The Developer covenants and agrees to develop a total of three (3) housing units on the Site (one unit per parcel) in conformity with the Scope of Development (Attachment No. 5), and to reserve all of the housing units developed on the Site (the "Affordable Units") for very low income housing for a period of sixty (60) years from the recordation of the Agency Grant Deed as provided herein. The location and specifications of the Affordable Units shall be as set forth in the Scope of Development, or as otherwise mutually agreed upon by the Developer and the Agency Executive Director. The Developer shall construct and fixturize the Affordable units in the same manner and to the same level of quality as comparable market -rate units, except as otherwise specified in the approved plans for the Improvements. 19 41sW-99-Agree: Habi tar. DDA11abit+_'i'22%00 RLS 99-161 2. Sale of Affordable Units. For a period of sixty (60) years from the recordation of the Agency Grant Deed conveying the Site to the Developer, (the "Affordability Period") the Developer shall cooperate with Agency's staff to sell the units constructed on the Site only to qualified and eligible Very Low Income Households meeting the requirements of Agency's affordable housing program for the Site. The Developer and the Agency Executive Director may agree, in writing, to extend the term of the Affordability Period to a mutually agreeable time. 3. Determination of Purchase Price. Each Affordable Unit sold to a Very Low Income Household pursuant to Section 4.01(2) above shall be sold at an Affordable Housing Cost (as defined below). 4. Definitions. "Affordable Housing Cost" shall mean, as to each Very Low Income Household, that purchase price which would result in monthly housing payments (including principal, interest, taxes, insurance, homeowners' association dues and utilities) which does not exceed thirty percent (30%) of Fifty Percent (50%) of the Orange County monthly median income for a household size appropriate to the Affordable Unit (as established from time to time by the United States Department of Housing and Urban Development). "Very Low Income Households" shall mean persons or families earning not more than Fifty Percent (50%) of Orange County median income, adjusted for appropriate family size. 5. Approval of Purchasers; Agency's Right to Repurchase. In addition to the cooperation with the Agency with respect to its Affordable Housing Program, as referred to in Sections 4.01(1) and 4.01(2) herein, Developer shall sell the Affordable Units only: to proposed purchasers that intend to occupy the unit as the proposed purchaser's principal residence for a period of at least five (5) years and are a Very Low Income Household, and that each proposed transfer occurs at an Affordable Housing Cost. The Developer will provide affidavits of certification of the transfer price and purchaser's gross income. The Agency reserves the right to review such information and completed forms as needed to independently certify the transfer price and proposed purchaser's intent with respect to its residence in the unit and its gross income. Prior to any conveyance of an Affordable Unit, each approved purchaser shall be required to submit to the Agency an executed disclosure statement which certifies that the purchaser is aware that the purchaser may only sell the unit at an Affordable Housing Cost to a Very Low Income Household, that the maximum permitted sales price may be less than fair market value and that the unit must be owner -occupied at all times and cannot be rented or leased without the prior written consent of the Agency. The Developer shall cooperate with the Agency in providing such forms to proposed purchasers and in assisting proposed purchasers to prepare such forms and provide any required information to the Agency in connection with the Developer's original sale of the Affordable Units. 20 4 s.4-99-Agree: } Iabf tal: DDA Habiftl!2MO RLS 99-161 The Developer intends to reserve a Right of First Refusal to repurchase any Affordable Unit upon any proposed transfer thereof, as more particularly described in Declaration of Covenants and Restrictions on Resale (Attachment No. 9). Upon receipt of the executed disclosure statement referred to hereinabove, if the Developer does not exercise its Right of First Refusal to repurchase any Affordable Unit, the Agency shall have the right in its sole discretion to repurchase any such Affordable Unit from the owner thereof at an Affordable Housing Cost as defined herein, by paying the owner the Affordable Housing Cost in cash within 60 days of the exercise of this repurchase right by the Agency. 6. Covenants to Remain Affordable. Prior to the conveyance of each of the Affordable Units, Developer shall cause to be executed and recorded in the Orange County Recorder's Office a restrictive covenant substantially in the form and containing the language of the "Declaration of Covenants and Restrictions on Resale" (Attachment No. 9). 7. Agency Cooperation. At the sole discretion of the Agency Executive Director, the Agency may cooperate with the Developer in applying for subsidized deferred payment and low interest financing programs; provided, however, that the Agency shall in no event be obligated to pay or loan to or on behalf of Developer any fees for application to such loan programs. 4.02 Use in Accordance with Redevelopment Plan; Nondiscrimination 1. The Developer covenants and agrees for itself, its successors, its assigns, and every successor in interest to the Site or any part thereof that the Developer and such successors and assignees, shall not devote the Site to any uses not specified or permitted in the Redevelopment Plan, the Grant Deed (Attachment No. 4) or this Agreement for the periods of time specified therein. The foregoing covenants shall run with the land. The Developer may assign its obligations under this Section to any homeowner's association to which all owners of individual dwelling units on the Site are required to join and belong. The Developer covenants by and for itself and any successors in interest that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, handicap, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the Site, nor shall the Developer itself or any person claiming under or through it establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees of the Site. The foregoing covenants shall run with the land. The Developer shall refrain from restricting the rental, sale or lease of the property on the basis of race, color, creed, religion, sex, marital status, handicap, national origin or ancestry of any person. All such deeds, leases or contracts shall contain or be subject to substantially the following nondiscrimination or nonsegregation clauses: (a) In deeds: "The grantee herein covenants by and for himself or herself, his or her heirs, executors, administrators and assigns, and all persons 21 4's'..4-99-Aeree-1labltar.DDA11abit',2/22 00 RLs 99-161 claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, religion, sex, marital status, handicap, national origin or ancestry in the sales, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land herein conveyed, nor shall the grantee himself or herself of any person claiming under or through him or her, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees in the land herein conveyed. The foregoing covenants shall run with the land." (b) In leases: "The lessee herein covenants by and for himself or herself, his or her heirs, executors, administrators and assigns, and all persons claiming under or through him or her, and this lease is made and accepted upon and subject to the following conditions: "There shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, handicap, ancestry or national origtransferring, in in the leasing, subleasing, use, occupancy, tenure or enjoyment of the premises herein leased nor shall the lessee himself or herself, or any person claiming under or through him or her, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, sublessees, subtenants or vendees in the premises herein leased." (c) In contracts: "There shall be no discrimination against or segregation of, any person, or group of persons on account of race, color, creed, religion, sex, marital status, handicap, ancestry or national origin, in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the premises, nor shall the transferee himself or herself or any person claiming under or through him or her, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees of the premises." The covenants established in this Agreement and the Grant Deed for the Site shall, without regard to technical classification and designation, be binding for the benefit and in favor of the Agency, its successors and assigns, the City and any successor in interest to the Site, or any part thereof. The covenants against racial discrimination shall remain in effect in perpetuity. 4.03 Effect of Violation of the Terms and Provisions of this Agreement After Completion of Construction The Agency and Developer are deemed the beneficiaries of the terms and provisions of this Agreement and of the covenants running with the land, for and in their own rights and for the purposes of protecting the interests of the community and other parties, public or private, in whose favor and for whose benefit this Agreement and the covenants running with the land have been provided. The Agreement and the covenants shall run in favor of the Agency and Developer, without regard to whether the Agency has been, remains or is an owner of any land or interest therein in the Site or in the Project Area. The Agency and Developer shall each 22 ` 41s\4-99 Agreeliabital:DDAIlabit\1/22/00 _ RLS 99-161 have the right, if the Agreement or covenants are breached, to exercise all rights and remedies, and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breaches to which it or any other beneficiaries of this Agreement and covenants maybe entitled, including but not limited to injunction and/or specific performance. 4.04 Maintenance of the Site 1. During the period of the Developer's ownership of the Site or any portion thereof, the Developer shall maintain the improvements which it owns on the Site in conformity with the Huntington Beach Municipal Code and (as modified by any specific use permits obtained pursuant to the terms of this Agreement) and shall keep the Site free from any accumulation of debris or waste materials. During such period and following installation of same, the Developer shall also maintain the landscaping required to be planted on the Site and adjacent to the Site under the Scope of Development (Attachment No. 5) in a healthy condition. If, at any time, Developer fails to maintain the Site or any portion thereof, and said condition is not corrected as soon as reasonably possible after written notice from the Agency, either the Agency or the City may perform the necessary maintenance and Developer shall pay such costs as are reasonably incurred for such maintenance. 2. Issuance of a Certificate of Completion by the Agency shall not affect Developer's obligations under this Section 4.04. Such obligations shall remain in effect until the time Developer conveys ownership of the Site, the maintenance responsibility shall run with the land and the Developer shall have no further obligations under this Section 4.04; and further provided, that at the time Developer sells a particular dwelling unit, the maintenance responsibility with respect to such unit shall run with the land and Developer shall have no further obligations pursuant to this Section 4.04 with respect to such unit. 4.05 Best Efforts to Sell Affordable Units The Developer agrees to exercise best efforts consistent with prudent business practices to sell all of the Affordable Units developed on the Site as soon as practical following the date of the issuance of the Certificate of Completion (Attachment No. 7) for the Improvements. The Developer agrees that the Affordable Units shall not be leased or rented by the Developer or any party related to the Developer unless prior written approval is obtained by the Agency. Interim rental to a proposed purchaser during the performance of the purchaser's "sweat equity" obligation with Developer shall be allowed. SECTION 5: DEFAULTS AND REMEDIES 5.01 Defaults -- General Subject to the extensions of time set forth in Section 6.03, failure or delay by either party to perform any material term or provision of this Agreement constitutes a default under this Agreement. A party claiming a default shall first be required to give not less than fifteen (15) days prior written notice of default to the other party, specifying the default complained of and the actions required to correct such default. 23 4\s'4-99-,agree: Hab i tat: DDAHabi t12122i00 RLS 99-161 The claimant shall not institute proceedings against the other party if the other party, within thirty (30) days from receipt of such notice, immediately and with due diligence commences to cure, correct or remedy such failure or delay and completes such cure, correction or remedy as soon as reasonably practicable thereafter. 5.02 Institution of Leval Actions In addition to any other rights or remedies and subject to the restrictions in Section 5.01, either party shall submit any and all disputes seeking specific performance of the terms of this Agreement, or to cure, correct or remedy any default, to recover damages for any default, or to obtain any other legal or equitable remedy consistent with the purpose of this Agreement, only to a retired Judge of the Superior Court in and for the State of California (hereinafter "Superior Court") in the following manner: (a) The parties must agree on the Judge's identity within five (5) days after the dispute arises or, at the end of the fifth day, the parties' respective counsel shall be authorized to agree upon the Judge's identity and bind their clients. Failure to cooperate in this selection process waives the uncooperative party's right to participate in the selection process, or object to the Judge selected. (b) Disputed matters shall be promptly submitted to the Judge in a manner determined by him/her foIlowing his/her selection. Once a matter is submitted to the Judge, s/he is empowered with the full authority of a judge sitting on the bench of the Superior Court in and for the State of California (hereinafter "Superior Court"), and may make any ruling consistent with that power. In order to implement this provision, the parties, by executing this Agreement, agree to execute and file with the Superior Court, such papers as are appropriate to procure the appointment of said Judge as a Judge Pro-Tempore of the Superior Court. (c) Each party shall bear its own attorney's fees and costs regarding any legal action instituted under this agreement. The prevailing party shall not be entitled to recover its attorney's fees and costs. The Judge may make any order he feels appropriate regarding which party or parties should pay for the fees and costs of the Judge. (d) The rights of judicial review granted under this Paragraph are the only rights of judicial review that are available to the parties hereto. They are exclusive of all other rights of relief which might otherwise be held by them. It is their intention that all of the disputes arising out of, or related to, their execution of this Agreement, or the rights or responsibilities granted or imposed by 24 4's.4-99-Agree:IFabitat:DDAHabir.2/22M R[S 99-161 this Agreement, be resolved exclusively in the manner provided for in this Paragraph and its subparts. Consistent with this intention, the parties, by executing this Agreement, specifically acknowledge that the decisions and orders of the Judge are nonappealable and either party shall have the nonreviewable, and, therefore, they are waiving their right to seek relief in the State or Federal Courts, except including for the purpose of securing and confirming the authority of the Judge provided for herein, and to enforce his/her decisions and orders by confirmation pursuant to the California Code of Civil Procedure Section 1280 et seq., or through appropriate injunctive relief. In the event that a party files any action inconsistent with the terms of this Paragraph, then the party filing the action will be liable for all fees and costs actually incurred by the other party in responding to said action, regardless of its outcome. 5.03 Applicable Law The laws of the State of California shall govern the interpretation and enforcement of this Agreement. 5.04 Acceptance of Service of Process In the event that any action is commenced by the Developer against the Agency, service of process on the Agency shall be made by personal service upon the Director or in such other manner as may be provided by the retired judge. In the event that any action is commenced by the Agency against the Developer, service of process on the Developer, if applicable, shall be made by personal service upon any partner or officer or director of the Developer and shall be valid whether made within or without the State of California or in such other manner as may be provided by the retired judge. Service of any of the foregoing natural persons accomplished by or on behalf of the Agency shall be deemed to effect service on the Developer (and all of its constituent members) to the greatest extent permitted by law. 5.05 Rights and Remedies Are Cumulative Except as otherwise expressly stated in this Agreement, the rights and remedies of the parties are cumulative, and the exercise by either party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other party. 5.06 Inaction Not a Waiver of Default Any failures or delays by either party in asserting any of its rights and remedies as to any default shall not operate as a waiver of any default or of any such rights or 25 4\04-99-Agree:Habifat: DDAHabitti2122100 ALS 99-161 remedies, or deprive either such party of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce any such rights or remedies. 5.07 Remedies and Ri,hts of Termination Prior to Conveyance: Damages Prior to the Conveyance of the Agency Parcel, if either party defaults with regard to any of the provisions of this Agreement, the non -defaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured within the time as set forth in Section 5.01, the defaulting party shall be liable to the other party for any damages caused by such default, except as provided in Section 5.10 herein. 5.08 S ecific Performance Prior to the Conveyance of the Agency Parcel, if either party defaults under any of the provisions of this Agreement, the non -defaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured by the defaulting party within the time set forth in Section 5.01, the non -defaulting party at its option may thereafter (but not before) seek specific performance of terms of this Agreement in accordance with Section 5.02 herein. 5.09 Termination by the Developer Prior to the Conveyance A. In the event that prior to the Conveyance of the Agency Parcel the Developer is not in default of the Agreement and: (a) any of the Conditions Precedent to Developer's Obligation to Acquire the Agency Parcel, as described in Section 2.13(B) of this Agreement, have not been timely satisfied (or waived by the Developer in its sole and absolute discretion); or (b) The Environmental Consultant determines that the Remediation Cost exceeds Fifty Thousand Dollars (550,000) and neither party has agreed to pay the additional Remediation Cost in excess of Fifty Thousand Dollars ($50,000); or (c) The Agency is in default of this Agreement and has not cured or commenced to cure such default within the time period set forth in Section 5.01 hereof; then, subject to the applicable cure provisions contained in Section 5.01 herein, at the option of the Developer, thirty (30) days after written notice thereof is delivered to the Agency, all provisions of this Agreement with respect to the Agency Parcel (and the Site) shall terminate and be of no further force and effect; thereafter, neither the Agency nor the Developer shall have any 26 4ts\4-99 :Agree-Habitat:DDA1 [abiN-1/22M RLS 99-161 further rights against or liability to the other with respect to the Agency Parcel (or the Site) under this Agreement; provided, however, that such a termination shall not deprive the Developer of its damages remedy pursuant to Section 5.07 hereof. 5.10 Termination by the Agency Prior to the Conveyance A. In the event that prior to the Conveyance of the Agency Parcel the Agency is not in default of this Agreement and: (a) any of the Conditions Precedent to Agency's Obligation to Convey the Agency Parcel, as described in Section 2.13(A) of this Agreement, have not been timely satisfied (or waived by the Agency in its sole and absolute discretion); or (b) the Environmental Consultant determines that the Remediation Cost exceeds Fifty Thousand Dollars ($50,000) and neither party has agreed to pay the additional Remediation Cost in excess of Fifty Thousand Dollars ($50,000); or (c) The Developer has failed to obtain firm and binding commitments to funding necessary to undertake the Improvements, approved by the Agency pursuant to Section 2.15, within the time set forth in the Schedule of Performance (Attachment No. 3); or (d) The Developer is in default of this Agreement and has not cured or commenced to cure such default within the time period set forth in Section 5.01 hereof, then, subject to the applicable cure provisions of Section 5.01 herein, at the option of the Agency, thirty (30) days after written notice thereof is delivered to the Developer, all provisions of this Agreement with respect to the Agency Parcel (and the Site) shall terminate and be of no further force or effect, and thereafter neither party shall have any further rights against the other with respect to the Agency Parcels under this Agreement; provided, however, that such a termination shall not deprive the Agency of its damages remedy pursuant to Section 5.07 hereof. 5.11 Remedies of the Parties for Default After the Conveyance: Termination and Damages After the Conveyance of the Agency Parcels, if the Developer or the Agency defaults with regard to any of the provisions of this Agreement, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured or commenced to be cured by the defaulting party within the time required by Section 5.01 hereof, the defaulting party shall be liable to the other party for any damages caused by such default. 27 4WA-99-Agree-Habitat: DDA Habi t12/22; 00 RL5 99-161 5.12 Action for Specific Performance After the Conveyance of the Agency Parcels, if either the Developer or the Agency defaults under any of the provisions of this Agreement the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured or commenced to be cured within the time required by Section 5.01 hereof, the nondefaulting party at its option may institute an action for specific performance of the terms of this Agreement. SECTION 6: GENERAL PROVISIONS 6.01 Notices, Demands and Communications Between the Parties Written notices, demands and communications between the Agency and the Developer shall be sufficiently given if delivered by hand or dispatched by first class mail, postage prepaid, return receipt requested, to the principal offices of the Agency and the Developer at the addresses specified in Sections 1.04 and 1.05, respectively. Such written notices, demands and communications may be sent in the same manner to such other addresses as either party may from time to time designate by mail as provided in this Section 6.01. Any written notice, demand or communication shall be deemed received immediately if delivered by hand and shall be deemed received on the date actually received or the third day from the date it is postmarked if delivered by registered or certified mail. 6.02 Conflicts of Interest No member, official or employee of the Agency shall have any personal interest, direct or indirect, in this Agreement, nor shall any member, official or employee participate in any decision relating to the Agreement which affects his personal interests or the interests of any corporation, partnership or association in which he is directly or indirectly interested. 6.03 Enforced Delay; Extension of Times of Performance In addition to specific provisions of this Agreement, performance by either party hereunder shall not be deemed to be in default, and all performance and other dates specified in this Agreement shall be extended, where delays or defaults are due to: war; insurrection; strikes-, lockouts; riots; floods; earthquakes; fires; casualties; acts of God; acts of the public enemy; epidemics; quarantine restrictions; freight embargoes; lack of transportation; governmental restrictions or priority; litigation; unusually severe weather; acts or omissions of the other party; acts or failures to act of the City of Huntington Beach or any other public or governmental agency or entity (other than the acts of the Agency which shall not excuse performance by the Agency); or any other causes beyond the control or without the fault of the party claiming an extension of time to perform. Notwithstanding anything to the contrary in this Agreement, an extension of time for any such cause shall be for the period of the enforced delay and shall commence to run from the time of the commencement of the cause, if notice by the 28 4%s%4-99-Agree: Habitat: DDA Habit4122i00 RLS 99-161 party claiming such extension is sent to the other party within thirty (30) days of the commencement of the cause. Times of performance under this Agreement may also be extended in writing by the mutual agreement of Agency and Developer. Notwithstanding the foregoing portion of this Section 6.03, the Developer is not entitled pursuant to this Section 6.03 to an extension of time to perform because of past, present, or future difficulty in obtaining suitable temporary or permanent financing for the development of the Site or, after any environmental remediation performed pursuant to Section 2.11 is completed, because of the physical condition or suitability of the Agency Parcel or the Site for the purposes of this Agreement. 6.04 Non -Liability of Officials and Employees of the Agency No member, official or employee of the Agency shall be personally liable to the Developer, or any successor in interest, in the event of any default or breach by the Agency or for any amount which may become due to the Developer or its successors, or on any obligations under the terms of this Agreement. No member, official or employee volunteer of the Developer shall be personally liable to the Agency, or any successor in interest, in the event of any default or breach by the Developer or for any amount which may become due to the Agency or its successors, or on any obligations under the terms of this Agreement. 6.05 Entire Agreement, Waivers, Amendments This Agreement includes pages 1 through 31 and Attachments 1 through 9, which constitutes the entire understanding and agreement of the parties. This Agreement integrates all of the terms and conditions mentioned herein or incidental hereto, and supersedes all negotiations or previous agreements between the parties or their predecessors in interest with respect to all or any part of the subject matter hereof. All waivers of the provisions of this Agreement must be in writing by the appropriate authorities of the Agency and the Developer, and all amendments hereto must be in writing by the appropriate authorities of the Agency and the Developer. 6.06 Memorandum of Agreement Concurrently with the closing of the Agency Parcel Escrow, the parties hereto shall execute and cause a Memorandum of Agreement attached hereto as Attachment No. 6 and incorporated herein to be recorded as an encumbrance upon the Site in the official records of Orange County, California. The Agency shall cooperate with the Developer in causing such memorandum to be removed as an encumbrance upon the Site and releasing any purchaser and encumbrance for value from the restrictions of the memorandum at the expiration of the Affordability Period (as set forth in Section 4.01(2) hereof) or as otherwise consistent with the purposes of this Agreement. 29 4'-s' 4-99-A eree: Habitat: DDA Habi t 2i22,'00 RLS 99-1 G I1 6.07 Approvals In any circumstance where under this Agreement either party is required to approve or disapprove any matter, approval shall not be unreasonably withheld, delayed or conditioned. IN WITNESS WHEREOF, the Agency and the Developer have executed this Agreement by and through their authorized officers on the date first above written. HABITAT FOR HUMANITY OF ORANGE COUNTY, INC. a California non-profit public benefit corporation REVIEWED - APPROVED: xec. ive Director ATTES Agency Clerk _ 30 REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic INITIATED AND APPROVED: Mod c4r _ Director of Economic Development iW YL—o0 APPROVED AS TO FORM: 4-1 c _ I / —ff-7- Age cy General Counsel 4\s\4-99-Agree: Habitat: DDAHabit\2/22/00 RLS 99-161 ATTACHMENT NO. I SITE MAP 4's!4-99-Aeree:llabitat:DDA1-iabit,2/22 00 RLS 99-1 Cl liG1S t_U[x 1 L 1 Exhibit AP No. 25--121---01 YORKTOWN AVENUE 17 5' �� 1 2 5'---------- d w w c� Mims i SURPLUS PRaPERTIES CITY OF HUNTINGTON BEACH DEPARTMENT OF PUBLIC WORKS o I N CENT"RY 2l 1 P. 006 Exhibit "B'' AP No. 2 5---- Z 21-- 3f _ YORKTOWN AVENUE o cD w cr- c,s �C ®r, 30' a o N ��Y C] z �- Q � .� Cr Z -1 n: � o LL- 30- O N.T.S. SURPLUS PROPERTIES' q CITY OF HUNTINGTON BEACH Jp DEPARTMENT OF PUBLIC WORKS ��J;r. -vy 76�11SL} tU oh GE1cI=KY 21 AP No. 25--111-- 35 . 40' YORKTOWN Exhibit "B" AVENUE SURPLUS PROPERTIES ['.ITY nF [4HHTlMrT0M PPAr -! PEPARTMENT OF PUBLIC WORKS 30 - } m o _ i Z C !3 a � rn w o s N.T.S. - i ATTACHMENT NO.2 LEGAL DESCRIPTION 4WA-99-Agree: Habitat- legaldes\?!22r00 RLS 99-161 F. of I tv•.7 vL+iiJVnl tf EXHxB:ET 11914 PARCEL DECLARED AS SURPLUS Ar No. 2rk-I11--39 LEGAL DESCii9MON PARCEL No.1, AP Nro. 25-1II-39, THAT PORTION OF LAND I•'WTITiIN BLOCK 2505 OF THE EAST SIDE. VILLA TRACT, LOCATED W THE CTI'Y OF i-IL VI nNGTON BEACH, COUNTY OE ORANGE, STATE OF CALIFORNIA, AS SHOWN O2ti THE �IAP FILED IN BOOK 4, PAGE 65 OF MLCELLANEOUS MAPS, LN RECORDS OF SAID COUNTY, DESCRIBED AS FOLLOW5. TEiE N.OZTH 50.00 FEIiT OF THE SOUTH 50.00 FEET OF SF.IO BLOCK 2535. EXCEPTING THEREFROM ThE WEST 145.60 FEET ANED THE EAST• ?0.00 FELT. THE ABOVE DESCRIBED PARCEL. CONTAINS 3,450 SQUARE FEET, hf.ORE OR LESS. EXHIBIT AND BY THIS REFERENCE MADE A PART HEREOF. R- 61 DATE E . 3' 91 OF c A�1F JUN. -09' 98(TU£) 10:37 CEN" RY 21 P. 005 EDqLMjT PARCEL DECLARED AS SY3RPLUS AP No. 25. 22-36 �9 c)-1 xWO,^ � t, e LEGAL DESCRIPTION PARCEL No.1, AP No. 25-I21-36: THAT PORTION OF )..AND WITHIN BLOCK 2406 OF THE EAST SIDE VIL.I-A TRACT, LOCATED LN THE CITY OF HUNnNGTON BEACH, COUNTY OF QRANGE, STATE OF CALIFORNIIA, AS Sr IOWNT ON THE MAP FILED IN BOOK 4, PAGE 65 OF tvUSCELLANEOUS MAPS, Rd RECORDS OF SAID COUNTY, tD SCIZFHED AS FOLLOWS; THE SOUTH 40.00 FEET CF'IHE NORTI-i 60.00 T-FFi' OF 5AID BLOCK 2406. EXCEFTR IG THERE ROM :-HE WEST 30.00 FEET AND THE EAST 145.0 FEET. THE ABOVE IDESCRI.BE] FATzCEL CONTAINS 5,000 SQUARE FEES', ly:O:ZE OR LESS. EXHIBIT "3' ATTACHED AND BY THIS REFERENCE MP.DE A PART HEX EOF. f�ESSfp�, 9 SALT CIVIL pop Cr�LtiF° i 1-7 'JUN. -09. g81'4'UE) 10.38 CENTURY 21 PARCEL DECLARED AS SURPLUS AP No. 25-1ZI-01 . VEGAL DESCRIMON FARCE~ No,1, AP No. 25-I27-0I: THAT PORTIONT OF LAND WITHIN BLOCK 2406 OF THE EAST SIDE VILLA TRACT, LOCATED IN" THE CITY OF HUNTINGTON BEACH, COU,N MY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON THE MAP FILED INS' BOOK 4, PAGE 65 OF MISCELLANEOUS MAPS, IN RECORDS OF SAID COUNTY, DESCRIBED A5 FOLLOWS: THE SOUTH 40.00 FEET OF THE NORTH 60.00 FEET OF SAID BLOCK 2406, EXCEPTING THERE M-1 OM THE WE-5T 175.00 FEET. THE ABOVE DESCRIEED PARCEL CONTAINS 5,000 SQUARE FEET, MORE OR LESS. EXHIB-IT "B° ATTACHED AND BY THIS REFERENCE MADE A PART HEREOF. DAIS r• CIS; fs ATTACHMENT NO.3 SCHEDULE OF PERFORMANCE Opening of Escrow. Agency shall open Escrows for the conveyance of parcels. Satisfaction — Conditions. Developer shall satisfy all of the conditions precedent set forth in section 2.13 B. Closing of Escrows. The Escrow shall close and the parcels conveyed to the developer. Commencement of Improvements. Developer shall commence construction of the improvements. Completion of On -site Improvements. Developer shall complete the improvements. Completion of Off -site Improvements. Developer shall complete the Improvements. Within ten working days of the Agency approval of the DDA. Within 60 days of opening of Escrows. Promptly upon satisfaction of conditions precedent as set forth in section 2.13 B. Within 30 days of close of Escrows. Not later 13 months of the close of Escrows. Not later than 16 months of the close of Escrows. ATTACHMENT NO. 5 SCOPE OF DEVELOPMENT I. Improvements The Improvements shall consist of the construction of three (3) single family residential units within the City of Huntington Beach ("City") by volunteers and contractors for sale to Very Low Income owner occupants, including the construction of garages, landscaping, and related on -site improvements. The Improvements shall be constructed in accordance with the Construction Drawings to be approved by Agency, planning entitlements and building permits required and approved by the City and any other governmental agencies having jurisdiction over the Improvements. The Improvements are to be constructed in a good workmanlike fashion, using first class materials, and completed in a lien free manner. II. Changes in Development Plans If Habitat desires to make any changes in any approved plans which would require City and/or Agency approval, Habitat shall submit the proposed changes to the City and/or Agency for approval. Said changes shall be approved or disapproved, in writing, by the City and/or within thirty (30) days of submission by Habitat. III. Compliance with Municipal, Federal, State and County Code Standards and Redevelopment Plan Habitat Improvements shall conform to all applicable Municipal, Federal, State and County Code Standards and the requirements of the Redevelopment Plan. 4/s:4-99Agree: Habitat:5cope RLs 99-161 6;1%99 ATTACHMENT NO.7 RECORDING REQUESTED BY: AND WHEN RECORDED MAIL TO: 0FF1cE of 7-,qE C, tyClE1E'k - o' BOA Igo kunfr177 -8Fack CA- 92.(-5(k (Space above for Recorder's Use) This document is exempt from the payment of a recording fee pursuant to Government Code Section 6103. THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH By:_ Its: Dated: 12000 CERTIFICATE OF COMPLETION FOR CONSTRUCTION AND DEVELOPMENT A. On or about , the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body, corporate and politic, hereinafter referred to as "Agency", entered into a Disposition and Development Agreement (the "Agreement") with HABITAT FOR HUMANITY OF ORANGE COUNTY, INC., a California nonprofit public benefit corporation (the "Developer"), which Agreement provides, inter alia, for the disposition and the development of certain real property (the "Site") situated in the City of Huntington Beach, California, and more particularly described on Exhibit "A" attached hereto and made a part hereof by this reference. B. As required in the Agreement and as referenced in the Grant Deed recorded on 2000, as Instrument No. in Book , Page of the Official Records of Orange County, California, and the Memorandum of Agreement recorded on , 2000, as Instrument No. in Book , Page of the Official Records of Orange County, California, the Agency shall furnish the Developer with a Certificate of Completion for the Site upon completion of construction of the Improvements Attachment No. 7 Page l of 3 4:'s:4-99Agree:Habitat:CertComp > > RLs 99-161 61U99 r Y ��i required by the Agreement, which Certificate shall be in such form as to permit it to be recorded in the Recorder's Office of Orange County. C. The Agency has conclusively determined that the construction on the Site described hereinabove required by the Agreement and the Grant Deed has been satisfactorily completed. NOW, THEREFORE, the parties hereto certify as follows: I . As provided in the Agreement, the Agency does hereby certify that the construction of the Improvements on the Site has been fully and satisfactorily performed and completed. 2. The conditions and all rights and obligations under the Agreement as pertains to the Improvements are terminated, except as set forth or referenced in the Grant Deed and Memorandum of Agreement referred to in Recital B herein. 3. Nothing contained in this instrument shall modify in any other way any other provisions of the Grant Deed or the Memorandum of Agreement. 4. After recordation of this Certificate of Completion, any person or entity then owning or thereafter purchasing, leasing, or otherwise acquiring any interest in the Improvements will not (because of such ownership, purchase, lease, or acquisition) incur any obligation or liability under the Agreement, the Grant Deed or the Memorandum of Agreement, except that such party shall be bound by any and all of the covenants, conditions, and restrictions which sun?ive such recordation. 5. This Certificate of Completion shall not constitute evidence of compliance with or satisfaction of any obligation of the Developer to any holder of a mortgage, or any insurer of a mortgage securing money loaned to finance the improvements to the Property, nor any part thereof This Certificate of Completion is not notice of completion as referred to in Section 3093 of the California Civil Code. Attachment No. 7 Page 2 of 3 4.+s:4-99AWee:Habi tat:CertComp RLS 99-161 6%1 199 'r 6. The Recitals above are incorporated in full as part of the substantive text of this Certificate of Completion. IN WITNESS WHEREOF, the Agency has executed this certificate this day of , 2000. THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body corporate and politic Its: ATTEST: APPROVED AS TO FORML : Agency Clerk Agency Counsel Developer hereby consents to the recording of this Certificate of Completion. HABITAT FOR HUMANITY OF ORA-NIGE COUNTY, INC., a California nonprofit public benefit corporation By: Its: By: Its: Attachment No. 7 page 3 or 4!s:3-99A=e:l labitat:CertComp RLS 99-161 611199 1 � r Y � jl EXHIBIT A TO CERTIFICATE OF COMPLETION LEGAL DESCRIPTION OF SITE Exhibit A to Attachment No_ 7 4:G:Agree:Habitat:Att2cb7`2/22100 �i8 JTUE) 10:38 CEN T RY 21 P. 008 4�ryj�' {1{ T 1ra-Cye!,fT�I �f f ,�y1 yp =-IIBIT I&Y 1000 VAR 23-, 11= I PARCEL DECLARED AS SURPLUS AP No. 25-3�2/1-01 , Y.EGAY. DESCRIPTION PARCEL N'o.1, AP No. 25-I2I-0I THAT PCRTIONT OF LAID NVTTFUN' $LACK 206 OF THE EAST 510E VILLA TRACT, LOCATED IN THE CITY OF HUNTINGTON 'BEACH, COU_V]TY OF ORANGE, STATE. OF CALIFORNIA, AS SHO1H?1 OX THEE MAP FILED IN BOOK 4, PAGE 65 Or , iISCFLLANEiDUS MAPS, IN RECORDS OF Sp.ID COUNT-Y, DESCRIBED AS FOLLOWS: THE SOUTH 40.00 PEfiT OF THE NORT-H 60.00 FEET OF SAID BLOCK 2406. EXCEPTING THE, RE 1 HE WEST 175.00 F-ER . TI-i} ABOVE DESCRIBED PARCEL CON -FAINTS 5,000 SQUARE FEET, MORE OR LESS. EXHIB: T "B° ATTACHED AND BY THIS REFEl,ENCE MAD: A PART HE(ZEOF_ l ?j 1% DATE 4M.-E19'_98 ME1 Ia:3 7 GEK""QY Z I P. 065 • 1 Cf1�iVrai NI NT,'� i,7 T- UTi EJEACH, CA 1Q�t� MAR 2 3 A 11- 21 �-Rm-tT IDS rA 7 PARCEL DECLARED AS SXIRPLUS AP No. 25- 22-36 LEGAL, DESCRIPTIO PARCEL No.1, AP No. 25-I22-96- THAT PORTION Or LAND iti'IT? IN BLOCK 2475 OF THE EAST SID—E VIL.i 4 TRACT, LOCATED W THE CITY OF HUNTINGION BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOI-'1N ON THE MAT' FILED IN BOOK 4, PAGE 65 OF M.SCELLANEOUS MAPS, IINT RECORDS C). S.km COUNTY, l-SCRrBED AS FOLLOWS; THE SOUTH 40 AO FEET CF i HE NORTH 60.03 FEE:' OF SAID BLOCK 2406. EXCEPT ING THEREFROM, i rlF WFSr 30.00 FEFI' AND THE EAST 145.00 FEET. THE ABOVE DE✓SCRiDED ARCEf_ CONTAINS 5,000 SQUARE FELT, MORE OR LESS. EXHIBIT "S' ATTACHED AND BY THIS REFERENCE MADE A rATR T HE REOR � ��pFFSS/0},. ,s, .evJ % 9 r gia . Kat 9.1 C-E, 2 � DATE CIVIL 4 �. ,v 1, vt,r ,vJ] VLill V117 ii • c -, Y o HUNT C i C:;F ,CH, CA i3T3xT 'jg ►1 Z000 NAR 2 3 A N: 2 Q BLS im ~ i( i PARCEL DECLARED A5 SURPLUS AP No. 25-111-39 LEGAL DESC{UMON FARCE'., N(3,1, AP Mo. 25-I I I-39, TI-IA T FORTION 0- s.AND WHIN BLOCK 2505 OF THE EAST SID2 VILLA TRACT, LOCATED LNT T"r'E Ci-4- OF T-iU: T -4GTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS S:iOWN 03< THE MAP FIU0 IN BOOK 4, PAGE 65 OF MLECE.L.LANF-GUS MAPS, LN RECORDS OF SAID COUA T)' DFSCIt1BED AS FOLLOWS. T HE IN;OItTH $0.00 FEI OF THE SOu'M 50.00 FEET OFSAID BLOCK 2505. EXCEPTING THE.R=FROM TF.E. WESr -145.00 FEET AMDTHE EAR 50.w FEE`!'. 7 : z ",'&OVE DESCRI"ni:D FAIRCEL CON AINS 1,450 SQUARE FEET, MollE OR LESS. 'EXHIBIT `B" A L TACHED AND BY TF S REFERENCE ?,BADE A PARTHBIZEDF. R.c �y 61 DATE :u E �4T CIVIL- _- fiaF ATTACHMENT NO. 8 SCHEDULE OF FEES Public Works Sewer -City -County Water -Connection fee -Construction Drainage fee Traffic Impact Park & Recreation fees Library fees School fees Planning fees CUP filing fee Tentative Parcel Map filing fee Special Permit filing fee Final Parcel Map CC&R Review fee Address assignment Landscape Plan Check fee Landscape Inspection fee Inspection fees Map Plan Check fee Public Improvement Plan Check Public Improvement Inspection Tract Plan Check Grading Plan Check Grading Inspection Water Connection Inspection Encroachment Permit Obstruction Permit Building Plan Check/Permit/Insurance Mech/Elec/Plumbing Total 41s:4-99 Agree llabitaffees RLS 99-161 6!!!99 S 520 7,050 240 216 1,650 2,475 7,222 480 5,503 2,375 585 270 150 400 125 110 480 250 480 110 1,200 480 835 1,035 600 1,232 50 2,220 1.200 $39,543 Summary Report 33433 ATTACHMENT #5 SUMMARY REPORT PURSUANT TO SECTION 33433 of the CALIFORNIA COMMUNITY REDEVELOPMENT LAW on a DISPOSITION AND DEVELOPMENT AGREEMENT by and between the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH and HABITAT FOR HUMANITY OF ORANGE COUNTY INC. This Summary Report has been prepared for the Redevelopment Agency of the City of Huntington Beach (Agency) pursuant to Section 33433 of the California Health and Safety Code. This report sets forth certain details of the proposed Disposition and Development Agreement (Agreement) between the Agency and Habitat for Humanity of Orange County Inc. (Developer). The transaction requires the Agency to convey one 3,450 square foot and two 5,000 square foot lots located at 2422 England Street (formerly 602 Yorktown Avenue), 2501 England Street and 2419 Florida Street (formerly 620 Yorktown Avenue). These lots are located outside of the Huntington Beach Redevelopment Project (the Project Area), but will benefit the Project Area to allow for the construction of three single family housing units to be sold to very -low income households. This Summary Report is based upon information contained within the Agreement; and is organized into the following seven sections: I. Salient Points of the Proposed Agreement: This section describes the major responsibilities of the Agency and the Developer; II. Cost of the Agreement to the Agency: This section details the cost of the Agreement to the Agency, including property acquisition costs, tenant relocation costs, off -sites costs, environmental costs and direct Agency financial assistance; III. Estimated Value of the Interests to be Conveyed Determined At the Highest Use permitted Under the Redevelopment Plan: This section estimates the value of the interests to be conveyed determined at the highest use permitted under the Site's zoning and the requirements imposed by the redevelopment plan; IV. Estimated Reuse Value of the Interests to be Conveyed: This section estimates the value supported by the Site based on the required use and with the conditions, covenants and development costs required by the Agreement; V. Consideration Received and Comparison with the Fair Reuse Value: This section describes the compensation to be received by the Agency, and the reasons for any difference between the compensation and the fair reuse value; VI. Blight Elimination: This section describes the former blighting conditions on the property, and explains how the Agreement will alleviate the blighting influence, and; Vll. Conformance with the AB1290 Implementation Plan: This section explains how the proposed Agreement complies with the redevelopment strategy identified in the AB1290 Implementation Plan. This report and the proposed Agreement are to be made available for public inspection prior to the approval of the Agreement. 1. SALIENT POINTS OF THE PROPOSED AGREEMENT A. Developer Responsibilities Under the proposed Agreement, Developer must accept the following responsibilities: 1. The Developer accepts the Site from the Agency for no financial consideration. 2. The Developer must construct all on -site improvements required to serve the Site. 3. The Developer must construct one two -bedroom and two four -bedroom single family detached units including attached garages and private open space. 4. The project improvements must comply with the construction drawings approved by the Agency, and must be constructed in a workmanlike fashion, using first class materials. 5. The Developer must sell the units at an affordable purchase price to very low-income households as defined in Section 50052.5 of the California Health and Safety Code. The income and affordability restrictions must remain in place for at least 60 years. K 6. The Developer must have the Covenants, Conditions and Restrictions (CCRs) approved by the Agency. B. Agency Responsibilities Under the proposed Agreement, the Agency must accept the following responsibilities: 1. The Agency has purchased the Sites from the City of Huntington Beach and must convey them to Habitat for Humanity. 2. The Agency must construct any off -site improvements required to serve the proposed development. 3. The Agency must remediate and/or remove hazardous materials or hazardous materials contamination from the Site. The maximum cost exposure to the Agency under this requirement is $50,000. 4. The Agency must convey the Site to the Developer for no consideration. 5. The Agency must pay all development and plan check fees for the project up to a maximum of $50,000. II. COST OF THE AGREEMENT TO THE AGENCY The costs to be incurred by the Agency include land acquisition, off -site improvement construction, hazardous materials remediation and payment of the project's development and plan check fees. The Agency costs have been identified as follows: Agency Acquisition of City Parcel $189,000 Habitat Escrow/Closing Costs 10,000 Estimated Off -Site Improvement Costs 35,000 Hazardous Remediation Testing/Costs 0 Development and Plan Check Fees 50,000 Total Cost to Agency $284,000 (Less) Developer Land Payment' R Net Cost to Agency $284,000 As indicated in the table above, the total cost to the Agency is estimated at $284,000, or approximately $ 95,000 per unit. 3 Ill. ESTIMATED VALUE OF THE INTEREST TO BE CONVEYED DETERMINED AT THE HIGHEST USE PERMITTED UNDER THE REDEVELOPMENT PLAN Section 33433 of the California Health and Safety Code requires the Agency to identify the value of the interests being conveyed at the highest use allowed by the zoning of the Site and the requirements imposed by the redevelopment plan. The valuation must be based on the assumption that near -term development is required, but the valuation does not take into consideration any extraordinary use and/or quality restrictions being imposed on the development by the Agency. The City commissioned a highest and best use appraisal of the Site in 1997, to establish the price to be paid to acquire the Site from the City. This appraisal concluded that residential development represents the highest and best use of the Site, and that the fair market value was $210,000. Based on more recent comparable sales, this value still represents the estimated fair market value. IV. ESTIMATED REUSE VALUE OF THE INTERESTS TO BE CONVEYED The Agency performed a reuse valuation analysis of the scope of development required by the Agreement. This analysis indicated that Habitat for Humanity projects are unique in that the majority of the development costs are funded using volunteer labor and donated materials, and that Habitat then sells the units to very -low income households and provides the home buyers with interest free first trust deed mortgages. The reuse valuation took all these factors into account and concluded that absent any public financial assistance, the project could not support any land payment. In fact, the analysis indicated that the Site would have to be donated at no cost and that direct financial assistance would have to be provided to make the project financially feasible. V. CONSIDERATION RECEIVED AND COMPARISON WITH THE FAIR REUSE VALUE In order to provide homeownership opportunities to very low income buyers, the Agency must convey the Sites to Habitat for no consideration. Using an analysis from Keyser Marston Associates (KMA), the sales price of each affordable unit should be $ 62,800 for the two bedroom unit and $67,000 for the four bedroom units. While the consideration received by the Agency does not exceed the Site's established fair reuse value, the land contribution is justified based on the estimated market prices of the units: $180,000 for the one bedroom home and $200,000 for the four bedroom houses. The Sites appraised for $210,000 in 1997. The Agency paid $189,000 for the Sites in 1998. These sites were remnants left over from a street widening project and are not as desirable as similar lots with similar development potential. They are of a substandard size and are located on a street with moderate to heavy traffic flow. 4 VI. BLIGHT ELIMINATION The creation of affordable housing units is mandated by Section 33413 of the California Health and Safety Code. In addition, the Site is currently vacant and located in the midst of a residential neighborhood. Thus, the proposed development on the Sites will both eliminate the blighting influence of the vacant lot by introducing a new quality residential project to the neighborhood, and it will fulfill a portion of the Agency's obligation to provide affordable units for very -low income households. VII. CONFORMANCE WITH THE AB1290 IMPLEMENTATION PLAN The Huntington Beach Redevelopment Project Area is subject to the affordable housing production requirements imposed by California health and Safety Code Section 33413, and set forth in the Agency's AB1290 Implementation Plan. The proposed development provides three "for sale" housing units to very -low income households at an affordable sales price. In compliance with the Section 33413 requirements, the units will be subject to deed restrictions mandating that the units be owned by very -low income households, at an affordable housing cost, for a minimum of 60 years. Thus, the proposed development furthers the goals of the AB1290 Implementation Plan. �, h �,.r r:.�i'�'.S..rr: re��:[ •=0'kto;rl-C�tw 5 ;; Site Plans and Elevations ATTACHMENT #6 Proposed Site Plan / Floor Plan .41, \ v f Left Elevation Front Elevation C) z i z 0 Key Plan Exterior Materials PA4147= AOOG 4 -i.M. GbT'u:-?;GWAR95 >°59C •3n+:S ocrr_E MIN-E'71tiARO5 ::IE 436 S-IADCA 65M&N gOOF;N& L W-Oeld»T 6014RCTI TI,C MAOK.Cri 5Yb4L I.LW %A .MAL A000 PCNGINO EGAR OR fa.71"L70U ry T-+ 5CWI-reAYS—ARCNT 5'AN OLYMPIG �900 Project 5u ifmary ADG —'55. 602 YORKTOM AVCN+C WMY149TON MAC44. OALIPORNiA n�`iATer�ow 6rAr@ v uU�i OroaA Ap 7r�'++ w+ n� Mw rlLco ;h gaoic ., /AK �liroYr� fr+c�l.x�aw ww. Iry pccarma a� s+u ta+:x. oox+�em m�ie �o.00 +s or r+e nora+u eoao Msr ar smo f! oiK aloe M MC[r, VOR[ we +.are ARL'.4 W4 ec. PT. I&QmN •orr.. «s 90. FT. r0rA4 r q.GW& JNRW+ k104 W, n. LOT CANCO.-AC. k 4 9L15WRDW O frER, R OPrPNT A6CNCY OI' 'N= C'TY Cf 4k�NT'r:SYON $L+A HADITAT QOR HWA41TY Of- OR?&GC COUNTY &MI PCOTMNSTYR AVEN:JE +WM 21O MCjTMINSTI:R GA 9261TO MA) 693-Sg4" Lot 1; 602 Yorktown Avenue Habitat for Humanity of Ormp Cosmsy �. v.n i� i_ � � , • .. .. �',.,. , . I'.. .,ter 4 ..,,. ..... ! 7A ?i 1 21 U. I GGG I I I i0. I V zip ' i t 1 4 .•O" AGO'^ .0", 1751' '04 PRELIMINARY GRADING PLAN C) 3- m z :] 1 _ GDNE&NL NOTES FOR GRADING 1 • .cr. MYI K .,/AYCO .'nYy wnw+.5 Jw.l N M .:P'+YI'uct .1'x Yr f%I, V COS I. YIr. ilxJrYy (ruMYGs YIO 1A: yIYIPYy rriGrlrarMMs lyP r+.Yl•[ YOYrf LCYs:>Wcrp. 1,.YrY MYs.I C,YIr.I iG1P r ryul.:YO. NYaI nJlY9• .IIp ca•.0 1i' 9Br, %WM *~-%1A ON:. CYNIC Pp1t4 Or rMl�lp RYQ\ MtpY411 YOA% YS ..r K drau rSP r, 1K C." 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ULE" w rri:l R i rA P. rrwm 1l1 M yKw SST Ir[ivl t• s 4►i'� 40 loss 4rIL,1 fiL+wYi Mrwax Ri•: OR)ED OWNER RED�M O!.Wwr ACIENL"! 0-- TIC Clr. (Y- AMTMT', U' ACH AM CANT' M41 VOMWSTEA Al$14;1;_ vJEsr%i1rw'S7tfk :kW(Y"A 926/0 P10- rik) 9%-0331 CO NIACT- HABITAT FOR HUMANITY OF ORANOF COUNTY. CALWORN1A --Mr Yorklo-ATI Avecue 7, .7 41 - L I VC, Exterior Materials asums. AAW-090AW 6AP OR DROP VDING MVJ,90V4ARr* 902660APAC.PC TAN PAONTED V4000 FADVA 4 TRIM, DJ04-VVV*JWB 2P&,W 5AI&S COFFL!! AC4:2w / OwTv". V-AW=W4AffD5 GREEN WADOrIms, LIOW-1000MT CO%4PZT1- TI[L-0 HOWIER 5&4AX-- 1480 NAr.RAL CKOKN WOOD F�-NGIN6 CWAK OR ft5PY40=- NT44 5E?-G-TW~AW-W STALK 0&.YWC, 0100 .F Loject "M*'R* MACK C-Q61POWA AT R=%-- ..' . , -. .' 9" V16LA E. 1.0 09 r ffm OF WA" 24f. Proposed Site Plan Floor Plan Lar Alt9*1 WW 00. FT. NOMAW.16 i74fiary, • 0AIIIIAM ADM^, 40 sd rr. WTI%. VA.Vow AIIIIA� WOR. LOTC-OVERAO-11. "40'rc OH ER, =MVELOWMENT AGENCY Of TH-- rITY OF FW-AN6TON BE iffAITLIGANTI KAWAT FOR HA4MiTY OF ORANOt COUNTY -r, 8561 V4ftTMtN5TM A1411-WE SIMM W r- VESIUMS'MR. A -12670 Right Elevation Front Elevation MW 6054"12 Lot 2: 620 Yorktown Avenue M —1 Habitat for Humanity .2.1 Key Plan afQTangcCnuory c- 7-7 jp I i + 6'4.«.ar I tPgd rf� cuo p„n II. .' .M1 _. ,. _ a,•,,._.�.—_. 'I n , I0.s I' Ir uv � Six Plarl PRELIMINARY GRADING PLAN _ w,1r I Z Z5 IKE G GENERAL NOTES FOR GRADING v l MC W.. SACI Of MrlOa,ua.AO K, Y.n•ifl —1 w w KPr — •h -1 0-n 170- Wl ., -4 �! ir.IgnYP N0p WOO 1. RtS —1 .*oV.JC'C4 Starr. r ; CWW.1 CSrn' J =mcc CMYILL M M�MX* l.Z" rML1.LIRi �Y 6[wG v faGw.. a'Kft w YCmwea OW. 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Rc,[a We YLIJC[ •YC Pali KLI M AL reeY LE It r ca,r-O' SKVW W VIM N — tlM M; � W,'IVA S w Yu9 Qw .liElc i1KF10 d Ir6: MM1916 .e . smorwe RECOFIOEED OW%ER f EuE:,GP%llrlvi AGE'I;Y (Y T4'('. 01" Or w-jTIr+GTON LL-ACi, A'''LICAN'F: HABF'AT -p? HUMAP4 Y OF 0PANUF CIL'nll'ti' S I WE511NfZIcR AVFNUe', WCSTVr+,SrW C.A1.1r0iW 92670 r+l-IC W`:� 1.7u) 695.4331 OONTACT + BITAT FOR HUMANITY OF OWLNGCCOLNTY, CALIFORNIA iA ..,.� 1 wv.r:. r....... YnrlWuurAYour + -------------------- 1-•—w�--. 'L �...ti--...-.._.—...:Y.: -aw t ' 4 . :,:F . { �J , ivv-- F1��b Exterior Materials 51AIN6HA.RU' JOARV LAP OR PROP SI IK6 M'hN4=WJARDh r°ZEpO AVA 6t TAN RAJ-N-W w0OP PA9GyA a mmt CIRM-01MARO6 5Py59: 5V%5S CIIWIICC• A 6EW / SHUTTERS. mm-CPWA¢P'! PC 456 5=1APOrl 6p—pC4 ROOFING, L;C*M-AE16WT CONCRETE TI{.0 / - MC"CR. SHAKO 1480 NArldit 6ROM1 r WOOD r'_KGN6 • �• ��. CEDAR OR NOPVbOP WH SEMI-TPANSPAR'Nr SrAIK OLYMPIC M"OO /// Project Summary WNTINOWN MAGI CALIFORNIA 5 �D.C�4G�RIPs1Oli+ r1011 ILMO S1MT t WMN 960M 244i d' TWO EAST 81W. VLL.LA TRi rA. Mo IN1K C p ar NaWwr4UTOM M^" C*MK" a A6 9MOM1 di M! 1:.1f fll•ib p1 /02+� aL,, M/yC �CALIfr71tlrl1 YMLiLN6W6 M*Pk IN ROODR?6 d' iAfO CgMF, DE/LRIaCJ M WtIT1f fODD I�r Q► YMC IWT�TI 60GO r7^^i pr yAIP ELQrt. 9FMT E%e�i7M TrCIgAa PA ALC 60.OV R'tT AW 1ME EAbr M/OM CA ` AAO4lAA04!! GlS6RI� ►gtCJs W+TNMB 960e /WM4 ►LSr. FGnC OR Proposal Site Plan 1 Floor Plan Lar AlI6A 70Ci0 W. R. ' 0AMAde AMC. 442 SO. PT. TOTAL 6YILP6M AFrA, MI W. ►T. ': •... 1 - OPFA=bIT A6R'r4Y OP THE CITY Of HU�71N4T0� 9C� i++..,HANTAt FoR 1N HM 1YTYYMIW OI¢ANC t comTY 20 Left Flevation 'Front Elevation r it ram, --• s Lot 1; 602 Yorktown, Avenue Habitat for Humanity —,. Key Plan of Omp Comy I I I I Proposed Site Plain / Floor Plan r, . _.�. ji. • night Eievsfaan Front Elevation Key Plan Exterior Materials SrPINb. MARDeOA" LAID OR DROP 5'0It4 OUW-=ViARD'a 5P26W APAGNL TAN I-AINTEP MOOD FMCNA 1 TRIM, 'a' L M-£PWAIC73 SP436 WvSS 6xr'EC DUNK-CDW4RD5 M43B 9HADO" ORL!N ROOFIN&� L*W-M5&#T C- NVwZlt 711-e MONIER SHAK& IA50 "7)RLA' BROWN wpOD PCNGNO GFFAR OR REOMIOM MI TA 555K-TXk45PARCNT 57AIN OLYMPIC. rfoo Project Summary 602 YORGTGYN AVCNII. HIAtMNOTOK i7MK.4-4, 6A WFORKIA min CL IIM wt0.1aw-01 114" Popov" or LAIO w T144 sr ac 9+Or oh Trt r;AyT eloC vW TRINT, UXATW% T!" P`Y+Twrcn wcM.caN*T on IJE A. M.I. lTAFOl1wh A6 llGMdl di {H! MJf arY.�v W OAK �. A6! T! tll' I'�APS. IM �(gf978 GF il�D GQ4f11rt. OEM qCD M' 140AO •ffiT OF 7ME Npt71i iCLQ T'W 0/ WIP 060" 740i, 71� AtlOV!' (l1riL14dLD I'AKMC4WAJ a �7000 OOJA ¢ MET. WOO 0R LLY LLT Awe►. tow *Q. pr. M06M AR►A IyM 10. I.T. ' SAPAW ARG. 443 p PT. TyTAI• wN;.PM Awl. LOT 60,7wh46. �• rt. 4q 14 T'T. R 5U RD'-V OYCR, '7W go. FT. Rt1 MMa:k"H 'r A6ENGY OF THE GI7Y OF I•yl WNOrON M APPLIC-AW- H►INTAT POR 11 HMITY OF ORANOe C-OL1K4Y 599M WE9TMINSTeR AYCNVC WIM W Y"71'01 „+7LT{ GA 42670 Lot 2: 620 Yorktown Avenue - - Habitat for Humanity — — of OMBO County --� I j L. L� N YorklaWn Street PROPOSED SITE & FLOOR PLAN EXTERIOR MATERIALS uj MO&lf.Q SOAK*- IIA&I ',iAT,:'!/". ulif-)N,4 -,v%w CLUAR CIR REDO= WTrl $W- 1 RQNiPAP{-N f STAIR OLY11RC 3= '70 -D CONCIiF E -Vil-SJII;Ry FEN' 1 PROJECT SUMMARY FLNTINGTON KA�-( CAI.!::OR M LOT J KE.yp4M P.N-EO AS IV VEST A. ,44 -i-®R fast (Cogland) JEW Ii PROPOSED EXTERIOR ELEVATIONS LEaq. CELSOW.'C'm FA%0%4 No t op -W &JlfV IP%l POM34 OF IK%C %MDW W)OCK 2= QF TOC, [AS' Kf %: 4 OW, 40CArMPY 1-4 Q'T Q? KAVM:rtl 5 'YV4a 5FAK Ow C"01W Aa S.CWK ON OC MO MW N OW. �. rArX a a. %%Ck"AW.04 Avft N F&DoKx CF vQ ax%fv. Wa7wn a saux" .VWH OW R[T (11- TIC- kb� 5X0 Fjk� OF W),NQ0K ?3b F*XPfV4 %,EW.WWW 7W. VOL4T W4U ILL I AK) TIC CAA! 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O.I.rA nLrn.Y IKI..00 Background -The R deve opffiefit:Agehcyowns:l threevacant lots ts near the interse:6'tiofi. of Yorktown- England �PrHabitat for Humanity is -looking -for opportunities to bu'ildhomes in Huntington:Beach X Habitat builds homes using volunteer labor and dopated. materials x Habitat homes:are "Old to very low-income families - that are screened according to their heed, size, ability to pay for the house, -and willingness -to volunteer 600 hours of "sweat equity" LLKtLnMMlfiN1 C A_Tj o_tJ I Proposal * The Agency will convey the subject 3 lots to Habitat for Humanity * Habitat will build 3 new homes to be sold to very low-income families ■ One 2-bedroom house ■ Two 4-bedroom houses * Homes will be affordable to very low-income families for 60 years -Proposal x Cost to -the Redevelopment Agency: ■ Purchase of 3 lots from City (1998). $189,000 ■ Escrow/Closing costs $10,000 ■ Offsite improvements $35,000 ■ Development/Plan Check fees $50,000 Total Cost to Agency $2845000 Cost per unit (3 units) $95,000 x Project will use Housing Set Aside Funds 4 u� Household Size = Median Income - Very Low-Incom6 1 $48,700 $24,350 2 $55,700 $27,850 3 $62,600 -$31,300 4 $69,600 $34,800 5 $75,200 $37,600 6 $80,700 $40,350 3 Deal Points * Agency responsibilities ■ Convey the land to Habitat * Construct all off -site improvements ■ Pay development & plan check fees * Habitat responsibilities ■ Construct all on -site -improvements ■ Sell the homes to very low-income families with interest free first trust deed mortgages ■ Counsel homeowners on how to keep and protect their new home - Recommended -City & { Redevelopment_.Agency :Action_ X Conduct a joint. -public hearing .that was, continued open from February 22, 2000'on this Disposition and Development Agreement 4 r Recommended City Action X Adopt Resolution 2000-30 authorizing conveyance of the subject 3 lots by the Redevelopment Agency to Habitat for Humanity X Direct staff to ensure that City insurance requirements are met prior to the close of escrow : Recommended. Agency Action= X Adopt_ Resolution_ 308 authorizing conveyance of the. subject 3 lots to Habitat=for Humanity X Approve the Disposition and Development Agreement between the Agency and Habitat for Humanity for the construction of 3 single family houses for ownership by very lovc-income families X Authorize the Chairperson and Clerk to execute the Disposition and Development Agreement 5 T 0A L CITY OF HUNTINGTON BEACH InterOffice Communication Economic Development Department TO: Mayor and City Council Members VIA: Ray Silver, City Administrator FROM: David C. Biggs, Director of Economic Development #0 John Reekstin, Director of Administrative Services DATE: March 14, 2000 SUBJECT: Supplemental Information Regarding Item D-2 — DDA with Habitat for Humanity :n The three parcels of property to be conveyed by the Redevelopment Agency to Habitat were remnant parcels from a street -widening project. The City, with Measure M, funds purchased the parcels. The Agency purchased the parcels from the City in 1998 for S189,000. The City has credited the Agency's purchase price back to the Measure F fund. Please feel free to contact us if we can answer any questions. xc: Connie Brockway, City Clerk Gail Hutton, City Attorney Melanie Fallon, Assistant City Administrator �-2 gAdavidlmemoslhab i tatdda. doc Council/Agency Meeting Held: f-ot4 -OO (Q00,a0 -BeferrediContinued to: -020 - 0 4 ' ❑ Approved ❑ Conditionally Approved ❑ Denied • City Clerk's Signature Council Meeting Date: February 22, 2000 Department ID Number: ED 00-10 CITY OF HUNTINGTON BEACH REQUEST FOR COUNCILIREDEVELOPMENT AGENCY ACTIOI a SUBMITTED TO: HONORABLE MAYOR/CHAIRMAN AND CITY COUNCIL MEMBERSIREDEVELOPMENT AGENCY MEMBERS -� M-�`-- SUBMITTED BY: RAY SILVER, City Administrator/Executive Director w v PREPARED BY: DAVID C. BIGGS, Economic Development Director SUBJECT: Continue Public Hearing to Monday, March 6, 2000—Habitat for Humanity Disposition and Development Agreement (DDA) Statement of Issue, Funding Source, Recommended Action, Alternative Action(s), Analysis, Environmental Status, Attachment(s) Statement of Issue: Due to a delay in the completion of a document related to this proposed transaction, staff is requesting that the noticed public hearing be continued to Monday, March 6, 2000. This will allow the Agency to avoid the expense of publishing the legal notice again. Funding Source: NIA Recommended Action: Motion to: 1. Open Public Hearing; 2. Continue Public Hearing open to Monday, March 6, 2000. Alternative Action(s): Do not continue Item and instruct staff to take some other action. Analysis: Additional minor revisions are needed to the proposed DDA with Habitat for Humanity. These changes cannot be made in time for the February 22, 2000, City Council -Redevelopment Agency meeting. Environmental Status: NIA Attachment(s): RCA Author: Brown, ext. 8831 2 PROOF OF PUBLICATION STATE OF CALIFORNIA) ) SS. County of Orange } I am a Citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a party to or interested in the below entitled matter, l am a principal clerk of the HUNTINGTON BEACH INDEPENDENT, a newspaper of general circulation, printed and published in the City of Huntington Beach, County of Orange, State of California, and that attached Notice is a true and complete copy as was printed and published in the Huntington Beach and Fountain Valley issues of said newspaper to wit the issue(s) of: February 3, 2000 February 10, 2000 I declare, under penalty of perjury, that the foregoing is true and correct. Executed on February 10 2000 at Costa Mesa, California. NOTICE OF tiEDtYELUPMEIYT PROJECT AREA, QE JOl PUBLIC THE CITY OF HEA v THE CITY HUNTINGTON COUNCIL OF THE BEACH TO CITY OF HABITAT FOR HUNTINGTON L HUMANITY, BEACH AND THE ORANGE COUNTY REDEVELOPMENT NOTICE IS HEREBY GIVEN that the City AGENCY OF THE council of the city CITY OF Huntington Beach, Call-i- HUNTINGTON fomia, (the "City) and BEACH ON A the Redevelopment PROPOSED Agency of the Clry of DISPOSITION AND Huntington Beach (the DEVELOPMENT Agency"), will hold a AGREEMENT PROVIDING 1o�nt public hearing on Februa 72, 2000 at the FOR hour of .: 0 p.m., or as THE SALE OF soon thereafter as the REAL PROPERTY matter can be heard, at OUTSIDE THE 2000 Wain Street, Hum - REDEVELOPMENT Ington Beach, Calliomia, AREA BUT TO THEin the Council Chambers' pursuant to BENEFIT OF THE the California Com- Cii7Y OF munrty Redevelopment HUNTINGTON t-aw (Health and Safety BEACH Code Sections 33000, at seq.) for the purpose of considering the approval of a p Disposi- tionand Development Agreement ("the Zme- ment") between the Agency and Habitat for Humanity of Orange County. Inc., a California nonprofit public benefit Corporation ("De-. veloper"). The Agree- ment provides for the I safe of approximately 12.925 square feet (or .296 acres) of real prop- j arty (three individual remnant parcels) gener- ally described as the northwest corner of Yorktown Avenue and England Street, the southwest corner of Yorktown Avenue and Florida Street and the southeast corner of Yorktown Avenue and England Street, (the "Site"), to the Developer and the construction thereon by the De- valoper of a three single family residential units for very Iow income households. The units created by this project will be credited to the housing obligations of the Main - Pier Re- development Project Area of the City of Hunt- ington Beach (the "Project Area"), The purpose of the joint public hearing is to consider: 1. The proposed sale of real properly by the Agency to Developer. 2. The proposed terms and conditions of such sale of real property. 3. The proposed Dis- position and Develop- ment Agreement. 4. Alt evidence and testimony for and against the approval of the Disposition and De- velopment Agreement and the sale of real prop- erty and the leans and condlflons therein. The Agency has prepared a Summary Report about the Agree- ment that describes and specifies: a. The cost to the Agency of the Agree- ment. b. The esfimetted value of the interest to be sold, determined: (I) at the highest and best uses permitted under the Re- development Plan, and (ii) at the use aril with the conditions, cove- nants. and development costs required by the sate. c. The Purchase price, and an explanation of why the purchase pdoe is less than the fair mar- ket vakte of the fntesest to be conveyed (k ap- plicable), determined at the highest and Best use, consWerti with the Re- development Plan. d. An explanation of why the sale will assist in the elimination of blight. e. Other pertinent eco- nomic analysis. At the above stated day, hour, and place, any and all persons having objections to or wishing to express sup- port of the proposed Dis- position and Develop- ment Agreement, the proposed sale of real property or the proposed terms and conditions therefor, or the regularity of any of the prior proceedings, may ap- pear andd be heard before the Agency and the City Council on the proposed Disposition and Development Agreement, the proposed sale of real .property and the proposed terms and conditions therein. Any persons desiring to be heard at the hearing will be afforded an op- portunity to be heard. At any time not later than the hour set for hearing, any person ob- (ecting to or suppporting the proposed Dis p- ion and Development Agreement, the proposed sale of real property or the lemma and conditions therein, may file in writing with the City Clerk a state- ment of his or her objec-i tions thereto or support thereof. The documents re- ferred to above are available for public in- spection and copying during regular office hours at the offices of the City Clark and Clerk of the Redevelopment Agency, 211,11, Main Street, Huntington Beach, California. Dated: January 31, 2000 1SJ Connie Brockway,: City Clark of the City of Huntington Beach and Clark of the Redevelopment Agency of the City of Huntington Beach Published Huntington Beach -Fountain Valley. tndappendertt February 3, 10. 2000 021-088