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OPA: Grimshaw House - City of Anaheim

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successor or assigns with this Release upon completion <strong>of</strong> the construction <strong>of</strong> the<br />

Developer Improvements (as such term is defined in the DDA). This Release is required<br />

to be in recordable form and serve as conclusive determination <strong>of</strong> the satisfactory<br />

completion <strong>of</strong> the construction and development required under the DDA. Upon<br />

recordation <strong>of</strong> this Release, any party then owning or thereafter purchasing, leasing or<br />

otherwise acquiring any interest in the Site shall not (because <strong>of</strong> such ownership,<br />

purchase, lease or acquisition) incur any obligation or liability under the DDA except for<br />

those continuing covenants and restrictions as set forth in Section 500 <strong>of</strong> the DDA.<br />

D. Agency has conclusively determined that the construction <strong>of</strong> the Developer<br />

Improvements has been satisfactorily completed.<br />

NOW, THEREFORE, AGENCY HEREBY CERTIFIES AS FOLLOWS:<br />

Section 1. Developer Improvements Completed. The Developer Improvements to be<br />

constructed by Developer have been fully and satisfactorily completed in conformance with the<br />

DDA.<br />

Section 2. Effect on Covenants in DDA. Those use, maintenance, nondiscrimination and<br />

affordable housing covenants contained in Section 500 <strong>of</strong> the DDA shall remain in full force and<br />

effect, enforceable according to their terms. Nothing contained in this instrument shall in any<br />

way modify any other provisions <strong>of</strong> the DDA. Notwithstanding the foregoing, upon recordation<br />

<strong>of</strong> this Release, any party then owning or thereafter purchasing, leasing or otherwise acquiring<br />

any interest in the Site shall not (because <strong>of</strong> such ownership, purchase, lease or acquisition) incur<br />

any obligation or liability under the DDA except for those continuing covenants and restrictions<br />

as set forth in Section 500 <strong>of</strong> the DDA.<br />

Section 3. Release not a Notice <strong>of</strong> Completion. This Release is not a notice <strong>of</strong> completion<br />

as referred to in California Civil Code Section 3093.<br />

Attachment No. 9 - Page 2

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