UTZINGER, MAXINE E. AND PECK, MARY E.

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, . OFFICIAL BUSINESS Document exempt from Recording Fees pursuant to Government Code 96103 DOC a 2004-0088700 02/06/2004 08:00A Fee:NC Page 1 of 11 Recorded in Official Records County of Riverside Gary L. Orso Illi~iiiiliil\llliilli~1 ~m ilUI iliiiiffi~ 1111 When Recorded Mail to: Agency Secretary The Redevelopment Agency of the City of Riverside 3900 Main Street, 5th Floor Riverside, CA 92522 Q Project: Citywide Home Improvement Rebate Program APN 227215005 M S U PAGE SIZE DA PCOR NOCOR SMF MISC. A R LONG REFUND AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY \IDOO THIS AGREEMENT AND COVENANTS, CONDITIONS AND RESTRI~TIONS AFFECTING REAL PROPERTY ("Agreement") is entered into this 20thdayof January _,2004 (the "effective date") by and between the City of Riverside Redevelopment Agency, ("Agency") and Maxine E. Utzinger and Mary E. Peck ("Owners"), with reference to the following facts: RECITALS WHEREAS, the Agency has approved and implemented a Home Improvement Rebate Program ("Rebate Program") for the purpose of providing financial assistance to low and moderate income households within the Riverside Neighborhoods Revitalization Program area; and WHEREAS, the Rebate Program will be funded with money from the Agency's low and moderate income housing set aside fund as described in Health and Safety Code Section 33334.2 ("Fund"); and WHEREAS, the Rebate Program is consistent with the City of Riverside's ("City") General Plan and is consistent with the intent of Community Redevelopment Law as set forth in Health and Safety Code Sections 33000, et sequitur; and WHEREAS, the Owners are the owners of the certain real property known as 3936 Canterbury Road, in the City of Riverside, County of Riverside, California, (the "Property"), which is described on Exhibit A attached hereto and incorporated herein by reference, which will benefit from the Rebate Program; and