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MORRISON, DARRYL
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Last modified
9/29/2009 4:14:11 PM
Creation date
9/29/2009 4:12:57 PM
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General
Department
Development
General - Type
Covenants and Agreements
General 2 - Date
9/9/2009
Number
2009-0468390
Description
Agency Housing Rehab Grant Program 219-251-025-7
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w ~ ~ . <br />oFF1lAL.~Un~rE D~ # ~ - ~ <br />Exernpt from Recording Fees 0~I~~1~00~ ~5:00~ Fee : N~ <br />Pursuant to C~overr~m~nt fade ~ 1 ~ ~ o~ ~ ~ Recorded C~ficiai Records <br />Couh~y o~ Riverside when Recorded Nt~tl to. _ _ Larry W, hard <br />Ass~e~sor, County Clerk ~ Reeorder <br />Agency Secretary <br />The Redevelaptnent Agency <br />For the pity of Riverside <br />390a ~a~n Street, 5th F~aar <br />R~vers~de, California 92522 ~ ~ u P~a~ s~~E a~► Ml~C LONG a~a coP~r <br />Pra~ect: Agency Hoasir~g Rehabilitation ~ ~ 4ss ~~s ~co~ NCDR IMF CNG - <br />rant Pragxam AP~N, ~ 19-251-025-7 <br />PACE ABQVE THIS LINE RESERVED FAR REORDER' USE <br />R r~ ~ <br />AGREEMENT AND DV~NANT, ONDITI~N <br />AND RF~TRITI~NS AFFECTING REAL PROPERTY ~ _ ~ <br />~vLUDIN ~~~-~UPAN~ R~TRrTroN <br />'THIS AGREEMENT AND GEN~ANT, DNDITI~N AND RETRIT~~N <br />AFFETII~G REAL PROPERTY ~"Agreement"} is entered into this 24th day of duly, 2~0~ the <br />"effective date'}} by and between the REDE'~ELOPN~ENT AENY FOR THE TTY OF <br />RERS~DE, a public body, corporate and politic ~;`Agency"} and Darryl ll~orr7isan, as an <br />ulu~'lari'ied n'lan ~iiOwners"}, with reference to the following fact: <br />RECTAL <br />wHEREA, the Agency has approved and i~nple~nented a Hauling Rehabilitation grant <br />Program ~"Grant Pragran~"} far the purpose of prov~d~ng financial assistance to low and moderate <br />incarrie f~nilie located within the pity of Riverside city limits; and <br />WHEREAS, the Grant Program will be funded with rnaney from the Agency's how income <br />and moderate income housing set aside fiuads as described in Health and Safety fade 3 4.2 <br />~"Fund}}~; and <br />AREAS, the Grant Program is consistent with the pity of Riversides ~"pity"} Ce~aeral <br />Plan and is consistent with the intent of ammunity Redevelopment Law as set forth in Health and <br />safety bode 334aa, et sequitur; and <br />WHEREAS, the Owners axe the owners of the certain real property l~nQw-n as ~~95 <br />Panorama Road Unit A, Riverside, California 9250 the "Property"}, which is described an Exhibit <br />A attached hereto and incorporated herein by reference, which will benefit from the Grant Prograrri; <br />and <br />t <br />
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