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RecDoc 2015-030586
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RecDoc 2015-030586
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Last modified
4/22/2015 9:30:30 AM
Creation date
4/22/2015 9:30:29 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Assignment and Assumption -Affordable Housing Agmt
Doc Num
2015-030586
Rec Date
3/31/2015
APN
159-162-090
Address
See also Rec Doc 2012-101618 2580 El Camino Real
Parties
SAC RWC APTS LLC, AKA Urban Housing RWC, LLC
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�,r. <br /> .: <br /> 3. City's Consent. City is executing this Assignment for the limited purpose of(a) <br /> approving and consenting to the assignment by Assignor and assumption by Assignee of all of <br /> Assignor's Obligations in, to and under the City Agreements and the CC&R's on the terms and <br /> conditions provided herein and (b) clarifying that there is privity of contract between the City <br /> and Assignee with respect to the City Agreements and the CC&R's, all effective as of the <br /> _ Effective Date. <br /> 4. Assignment of Declarant's Rig,hts and Obligations. Effective as of the Effective <br /> Date, Assignor hereby assigns to Assignee all of Assignor's rights and obligations as Declarant <br /> under the CC&R's. <br /> 5. Miscellaneous. <br /> A. Effective Date. The "Effective Date" of this Assignment shall be the date <br /> ofthe transfer of record title to the Property to Assignee. <br /> B. Successors and Assigns. All of the covenants, terms, and conditions of <br /> this Assignment shall be binding upon and shall inure to the benefit of the parties hereto and <br /> their respective heirs, successors and assigns. <br /> C. Counter�arts. This Assignment may be executed in one or more <br /> counterparts, and each counterpart shall be deemed to be an original document. All executed <br /> counterparts together shall constitute one and the same document, and the signature pages shall <br /> be assembled to form a single original document. <br /> D. Governin� Law. This Assignment shall be governed by the laws of the <br /> State of California. <br /> E. Notices. The notices address for the "Developer" pursuant to Section 4.09 <br /> of the Affordable Housing Agreement and Section 16 of the Landscape Maintenance <br /> Agreement and for the "Property Owner" under Section 14 of the Stormwater Maintenance <br /> Agreement, is hereby changed as follows: <br /> To Developer: <br /> Boulevard City LLC <br /> c/o Oakwood Worldwide <br /> 2222 Corinth Avenue <br /> Los Angeles,CA 90064 <br /> Attn:Christine Brenk, Vice President Finance <br /> Ph: 310.444.2444 <br /> Fax: 310-444-2453 <br /> Email: cbrenk@oakwood.com <br /> With a copy to: Mapletree SR Holdings Pte.Ltd. <br /> 10 Pasir Panjang Road <br /> #13-01 Mapletree Business City <br /> 3 <br />
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