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RecDoc 2011-111464
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RecDoc 2011-111464
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Last modified
2/6/2012 9:33:24 AM
Creation date
9/28/2011 1:49:12 PM
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Template:
Recorded Docs
Recorded Docs - Type
Special Instructions
Subject
885 Woodside Rd Affordability Convenant Amendment
Doc Num
2011-111464
Rec Date
9/27/2011
APN
059-240-920
Address
885 Woodside Rd.
Parties
Nicholson-Lamb Venture, L.P.
MO Ref
11-159
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the City in its sole discretion and curtent income information such as wage <br /> statemen[s, to substantiate that the prospective purchaser meets the eligibility <br /> requirements of Qualified Buyers. In the event the City is unable to make a <br /> determination that a prospective buyer is a Qualified Buyer based upon the <br /> information provided, the prospective purchaser shall be determined not to meet <br /> the requirements of Qualified Buycrs and shall be disqualified from purchase." <br /> (e) The form of Resale Restriction Agreement attached hereto as Exhibit B <br /> shall be added to the Original Declaration as Exhibit "B." <br /> 2. Cauitalized Terms. Capitalized terms not defined in this Amendment shall have <br /> the meaning given to them in the Original Declaration. <br /> 3. Ratification. The City and Declarant acknowledge and agree that the Original <br /> Declaration, except as amended herein, remains unmodified and in full force and effect in <br /> accordance with its terms. <br /> 4. Counteroarts. This Amendment may be executed in counterparts, each of which <br /> shall, irrespective of the date of its execution and delivery, be deemed an original, and the <br /> counterparts together shall constitute one and the same instrument. <br /> 5. Interpretation. As used in this Amendment, masculine, feminine or neuter gender <br /> and the singular or plural number shall each be deemed to include the others where and when the <br /> context so dictates. The word "including" shall be constructed as if followed by the words <br /> '`without limitation." This Amendment shall be interpreted asthough prepared joindy by both <br /> parties. <br /> IN WITNESS WHEREOF, the partics have executed this Amendment as of the date first <br /> above-written. <br /> DECLARANT CITY: <br /> 885 WOODSIDE RD LLC, a Delaware CITY OF REDWOOD CITY, a charter city <br /> limited liability company and municipal corporation of the State of <br /> California <br /> By: DAIWA HOUSE CALIFORNIA, a <br /> California corporation, i ma a er , /� � <br /> 'l/ /Z.(3e�� <br /> BY� � Robert B. Bell, City Manager <br /> Name:�� ' � Brian Ponty, sistant City Manager <br /> � ture m .1 be natarizedJ <br /> Tide:�T,1�'i�G�'_� �f��_ � <br /> /Signature must be nolariZedJ <br /> ��e ��� <br /> Si ia on r inden, City Clerk <br /> ATTY/AGR/2011/AMENDMENTS/AMENDMENT NO.7 TO AFFORDABLE HOUSING DOC 885 WOODSIDE � <br /> 090111 <br /> 4 <br />
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