OPA: Grimshaw House - City of Anaheim

ATTACHMENT NO. 11 B
RELEASE OF MEMORANDUM OF AGREEMENT
(Affordable Housing Unit without Restrictive Covenant/Market Rate Housing Unit)
RECORDING REQUESTED BY )
AND WHEN RECORDED MAIL TO: )
)
Anaheim Redevelopment Agency )
Anaheim City Hall West, 10th Floor )
201 S. Anaheim Boulevard )
Anaheim, California 92805 )
)
Attachment No. 11 B - Page 1
This document is exempt from a recording fee
pursuant to Government Code Section 6103.
This RELEASE OF MEMORANDUM OF AGREEMENT (Affordable Housing
Unit without Restrictive Covenant/Market Rate Housing Unit) (this “Release”), dated for
purposes of identification only as of , (the “Date of Release”), is made by
the ANAHEIM REDEVELOPMENT AGENCY, a public body corporate and politic, (the
“Agency”) for the benefit of BROOKFIELD OLIVE STREET LLC, a Delaware limited
liability company, (the “Developer”).
RECITALS
A. Agency and Developer entered into that certain Disposition and Development Agreement
dated as of June 1, 2008 (the “DDA”) concerning the construction of certain housing
units and improvements related thereto on that certain real property described in the DDA
as the “Site.” The Site has been subdivided into several parcels (each, a “Housing
Parcel”), one of which is that certain real property described in Exhibit A which is
attached hereto and incorporated herein by this reference (the “Property”). Copies of the
DDA are available for inspection and copying as a public record in the office of the
Agency Secretary located at Anaheim City Hall, 200 South Anaheim Boulevard, 2nd.
Floor, Anaheim, California, 92805.
B. In accordance with Section 903 of the DDA, Agency has caused to be recorded against
the Site that certain Memorandum of Agreement (i) dated as of June 1, 2008 and (ii)
recorded as Instrument No. in the Official Records of the
County of Orange, State of California on , (the
“Memorandum of DDA”).