Laserfiche WebLink
RECORDING REQUESTED BY AND <br />WHEN RECORDED MAIL TO: <br />REDEVELOPMENT AGENCY OF <br />THE CITY OF RIVERSIDE <br />j 3900 Main Street, 5th Floor <br />C--J� Riverside, CA 92522 <br />Attn: housing Manager <br />Project: Targets of Opportunity Program <br />APN: 155- 322 -003 <br />DEC 4 �� ���� " <br />LO 09/2 g5 <br />1 01 of 11 Records <br />Recorded . Offic de <br />ial <br />County of Rivers' <br />Larry U War Recorder ` <br />CauntY Clerk <br />A ssessor, <br />i111���1�1 <br />S <br />R <br />I U <br />PAGE <br />SIZE <br />DA <br />MISC LONG <br />RFD COPY <br />77M7 <br />A <br />L <br />465 <br />426 <br />PCOR <br />NCOR SMF <br />NCH6 - '" EXAM <br />UNI <br />kk a c" !,— <br />T: CTY <br />AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS <br />AFFECTING REAL PROPERTY INCLUDING <br />RESALE RESTRICTION, AFFORDABILITY EXIT FEE AND RIGHT OF FIRST REFUSAL, <br />AND OWNER OCCUPANCY REQUIREMENTS <br />THIS AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS <br />AFFECTING REAL PROPERTY INCLUDING RESALE RESTRICTION, AFFORDABILITY <br />EXIT FEE, RIGHT OF FIRST REFUSAL AND OWNER OCCUPANCY REQUIREMENTS <br />( "CCR's ") is entered into this 20th day of July , 2010 (the "Effective Date "), by and between the <br />REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE, a public body, corporate and <br />politic, ( "Agency ") and Sandra Patricia Barahona, as a single woman ( "Owners "), with reference to <br />the following facts: <br />RECITALS <br />WHEREAS, the Agency has approved and implemented the Targets of Opportunity <br />Program ( "TOO Program "), for the purpose of facilitating the redevelopment of abandoned and <br />foreclosed homes and residential properties to provide decent, safe, sanitary, and affordable housing <br />for low or moderate income households in the City of Riverside ( "City "); and <br />WHEREAS, the TOO Program is funded with money from the Agency's low- income and <br />moderate- income housing set aside funds as described in Health and Safety Code § 33334.2 <br />( "Fund "); and <br />WHEREAS, to promote the goal of affordable home ownership, the Agency's TOO <br />Program will sell rehabilitated single - family homes to qualified low- and moderate- income <br />households; and <br />WHEREAS, the Owners are the initial owners of the certain real property ]mown as 10150 <br />Tanforan Avenue (the "Property") which is described on Exhibit "A" attached hereto and <br />