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HomeMy WebLinkAbout2001-240
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(See Companion Resolution CDC/2001-27)
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RESOLUTION NO. 2001-240
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RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF
THE CITY OF SAN BERNARDINO APPROVING THE FIFTH
AMENDMENT TO MUTUAL RELEASE AND SETTLEMENT
AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO
AND DR, IRVING FELDKAMP
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WHEREAS, the City of San Bernardino (the "City") is a
7 municipal corporation and charter city organized and existing under
8 the constitution and laws of the State of California; and
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WHEREAS, on or about January 14, 1994, the City commenced
11 an action for judicial foreclosure of special tax liens in the
12 Superior Court of the State of California for the County of San
13 Bernardino, against certain named defendants therein, including
14 Developer, bearing Case No. SCV09593 ("Action") for failure to pay
15 the special taxes levied against the Property; and
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17 WHEREAS, in 1994, the City entered into a Mutual Release
18 and Settlement Agreement ("Original Settlement Agreement") with Dr,
19 Irving Feldkamp structuring a schedule of payments and other terms
20 for the construction of homes on the Property; and
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WHEREAS, the City and Dr. Feldkamp have been in
23 negotiations for several years regarding the development of the
24 Property, and thus said Original Settlement Agreement was amended
25 in 1997 by the Amendment to Mutual Release and Settlement Agreement
26 (the "First Amendment"), amended in 1998 by the Second Amendment to
27 Mutual Release and Settlement Agreement (the "Second Amendment"),
28 in 1999 by the Third Amendment to Mutual Release and Settlement
SB200LZ0826.!
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2001-240
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1 Agreement (the "Third Amendment") and again in 2001 by the Fourth
2 Amendment to Mutual Release and Settlement Agreement (the "Fourth
3 Amendment and collectively with the Original Settlement Agreement,
4 the First Amendment, Second Amendment and Third Amendment, the
5 "Settlement Agreement"); and
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WHEREAS, Dr, Feldkamp has entered into escrow with a
8 prospective purchaser of the Property which escrow is scheduled to
9 close on September 7, 2001; and
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11 WHEREAS, there are certain terms and condi t ions contained
12 in the Settlement Agreement which will expire prior to closing
13 escrow or will not provide the developer sufficient time to close
14 escrow and commence performance under the Settlement Agreement; and
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WHEREAS, the City desires to amend the Settlement
17 Agreement to extend certain requirements under the Settlement
18 Agreement as follows:
19 1.
Extend the period to record the Final Tract Map to May 1,
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2002 ;
21 2.
Extend the date to commence construction to October 1, 2002;
22 3.
Extend the period within which the Redevelopment Agency of the
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City of San Bernardino will agree to extend available MAP
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funds to Dr, Feldkamp's home buyers to:
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2002\03 - $50,000
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2003\2004 - $100,000; and
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2004\05 - $50,000.
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SB2001 :20826.1
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2001-240
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NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO DO HEREBY RESOLVE, DETERMINE AND ORDER AS
FOLLOWS:
Section 1. Amendment to Feldkamp Settlement
Aqreement. The City hereby approves the Fifth Amendment to Mutual
Release and Settlement Agreement ("Fifth Amendment") between the
City and Dr. Feldkamp. The Fifth Amendment on file with the City
Clerk is hereby approved and the Mayor is authorized to execute the
final Fifth Amendment when the same has been prepared with such
changes as shall be approved by the Mayor or City Attorney,
Section 2, Approval of Covenant Development as Owner
of the Limited Liabilitv Company Which Shall be
Purchaser/Developer. The Settlement Agreement requires that the
City in its reasonable discretion approve the prospective
purchaser/developer of the Property prior to the final sale. The
City has reviewed the resume of Covenant Development, which shall
own the limited liability company which shall purchase the
Property. Based upon that review, the City hereby approves Covenant
Development and Cimarron at Verdemont Ranch, LLC pursuant to
Section 2.3 of the Fifth Amendment.
Section 3. Official Action. The Mayor, the City
Clerk, City Attorney, City Special Counsel and any and all other
officers or agent of the City are hereby authorized and directed,
for and in the name and on behalf of the City, to do any and all
things and take any and all actions, including execution and
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2001-240
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I delivery of any and all assignments, agreements, notices, consents,
2 instruments of conveyance, warrants and other documents, which
3 they, or any of them, may deem necessary or advisable in order to
4 consummate the transactions contemplated hereby including the
5 execution of the Fifth Amendment. Whenever in this Resolution any
6 officer of the City is authorized to execute or countersign any
7 document or take any action, such execution, countersigning or
8 action may be taken on behalf of such officer by any person
9 designated by such officer to act on his or her behalf in the case
10 such officer shall be absent or unavailable. The City hereby
II appoints the Mayor as agents of the City for purposes of executing
12 any and all documents and instruments which any officer of the City
13 is authorized to execute hereunder.
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IS III
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5B2001.20826.1 - 4 -
2001-240
1 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO APPROVING THE FIFTH AMENDMENT TO MUTUAL RELEASE AND
2 SETTLEMENT AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO AND DR.
IRVING FELDKAMP
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Section 4.
Effective Date,
This Resolution shall
5 take effect from and after the date of its passage and adoption.
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I HEREBY CERTIFY that the foregoing Resolution was duly
8 adopted by the Mayor and Common Council of the City of
9 San Bernardino at a joint regular
meeting thereof, held on
10 the 23rd day of July, 2001, by the following vote, to wit:
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Council:
12 ESTRADA
LIEN
13 MCGINNIS
SCHNETZ
14 SUAREZ
ANDERSON
15 MCCAMMACK
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AYES
NAYS
ABSTAIN
ABSENT
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-;d1lJ1tiAv)11/ rU1'7ILj OtIJ ~~
City Clerk I U
18 The foregoing resolution is hereby approved this ~G~H
day of July, 2001.
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22 Approved as to form and
legal content:
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By:
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SB2001.20826.1
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1 STATE OF CALIFORNIA
COUNTY OF SAN BERNARDINO ss
2 CITY OF SAN BERNARDINO
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4 I, Ci ty Clerk of the City of
San Bernardino, DO HEREBY CERTIFY that the foregoing and attached
5 copy of Mayor and Common Council of the City of San Bernardino
Resolution No. is a full, true and correct copy of that
6 now on file in this office.
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IN WITNESS WHEREOF, I
affixed the official seal of the
City of San Bernardino this
have hereunto set my hand and
Mayor and Common Council of the
day of , 2001.
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City Clerk
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SB200 I :20826.1
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RECORDING REQUESTED BY:
CITY OF SAN BERNARDINO
WHEN RECORDED RETURN TO:
LEWIS D'AMATO, BRISBOIS & BISGAARD, LLP
221 No. FIGUEROA STREET SUITE 1200
LOS ANGELES, CALIFORNIA 90012
ATTN: ALEXIS G. CRUMP
Recordation Fee Not Applicable
Pursuant to Government Code Section 6103
(Space Above For Recorder's Use Only)
FIFTH AMENDMENT TO MUTUAL RELEASE
AND SETTLEMENT AGREEMENT
882001:20829.1
FIFTH AMENDMENT TO MUTUAL RELEASE AND SETTLEMENT AGREEMENT
This Fifth Amendment to Mutual Release and Settlement
Agreement (this "Fifth Amendment") is entered into this 23rd day of
July, 2001, by and between the City of San Bernardino, a California
municipal corporation ("City") and Irving M. Feldkamp III or his
assignees as herein provided ("Developer"). The City and the
Developer are collectively referred to as the "Parties".
SECTION 1.
RECITALS
1.1. On June 18, 1990, the City created Community
Facilities District No. 995 ("District") pursuant to the Mello-Roos
Community Facilities Act of 1982, codified at Government Code
Section 53311 et, seC!. (the "Act"). Pursuant to the Act, in
December, 1990, the City issued $7,440,000 Special Tax Bonds
("Bonds"), which were secured by the special taxes authorized to be
levied against all parcels within the District. The Bonds were
then refunded with the $3,315,000 Community Facilities District No.
995 of the City of San Bernardino (Verdemont Area) Special Tax
Refunding Bonds (the "Refunding Bonds") .
1.2. The Developer owns or has an interest in unimproved
property located within the District as more fully described in
Exhibit "A" attached hereto (the "Property"). On or about
January 14, 1994, the City commenced an action for judicial
foreclosure of special tax liens in the Superior Court of the State
of California for the County of San Bernardino, against certain
named defendants therein, including Developer, bearing Case No,
SCV09593 ("Action") for failure to pay the special taxes levied
against the Property,
1.3. The Parties desired to resolve their differences and
to avoid the expense and inconvenience of any future litigation,
including without limitation, litigation of the Action, and thus
entered into a Mutual Release and Settlement Agreement dated as of
August 29, 1994 (the "Original Settlement Agreement") under which
the Developer agreed to make payments to the City for delinquent
special taxes, San Bernardino Unified School District ("School
District") fees, interest, penal ties and costs provided in said
Original Settlement Agreement,
882001:20829.1
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1.4. The Original Settlement Agreement was amended by
that certain First Amendment to Mutual Release and Settlement
Agreement dated October 21, 1997 (the "First Amendment") which
modified the terms of payment and amounts due to the City under the
Original Settlement Agreement and provided for the concurrent
execution of the Purchase and Sale Agreement for the purchase by
the Developer from the City of certain real property located within
the District which real property is included in the definition of
Property contained in Section 1.2 hereof.
1.5. On or about October 7, 1998, the Original
Settlement Agreement was amended by that certain Second Amendment
to Mutual Release and Settlement Agreement (the "Second Amendment")
which further modified certain terms and conditions of the Original
Settlement Agreement.
1.6. On or about June 1, 1999, the Original Settlement
Agreement was amended by that certain Third Amendment to Mutual
Release and Settlement Agreement (the "Third Amendment") which
further modified certain terms and conditions of the Original
Settlement Agreement.
1.7. On or about April 1, 2001, the Original Settlement
Agreement was amended by that certain Fourth Amendment to Mutual
Release and Settlement Agreement (the "Fourth Amendment") which
further modified certain terms and conditions of the Original
Settlement Agreement. (Whenever used herein and unless otherwise
specified, the "Original Settlement Agreement" shall refer to the
Original Settlement Agreement as amended by the First Amendment,
Second Amendment, Third Amendment and Fourth Amendment,)
1.8. Pursuant to the First Amendment it has been
established between the parties hereto that, as of the date of the
First Amendment, the total amount of delinquent special tax,
interest, penalties, School District Fees and costs due to the City
with respect to the Property for the period from Fiscal Year 1991-
92 to Fiscal Year 97-98 was Eight Hundred Twenty Two Thousand, Four
Hundred Ninety Three Dollars and Eighty Eight Cents ($822,493.88)
(the "Debt"). This amount represented $10,822.29 per lot for the
76 lots existing on the Property (the "Home Release Payment"). Of
this amount Five Thousand Four Hundred Forty Six and 29/100 Dollars
($5,446.29) was attributable to special taxes, interest and
penalties and the remainder to other costs of the City associated
with San Bernardino Unified School District fees.
882001:20829.1
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1.9. Since the date of the First Amendment, the Developer
has paid Thirty Five Thousand Three Hundred Fifty Nine Dollars and
Ninety Four Cents ($35,359.94) of the Debt which has been credited,
as follows:
DATE OF
PAYMENT CFD CITY WATER DEPT TOTAL
RMBRSMT RMBRSMT
Oct 97 3,059.94 -0- -0- 3,059.94
June 98 16,473 11 ,951 3,876 32,300
19,532.94 11,951 3,876 35,359.94
1.10. As of the date of the Third Amendment the amount of
the Debt equaled Seven Hundred Eighty Seven Thousand One Hundred
Thirty Three and 94/100 Dollars ($787,133.94) of which Three
Hundred Ninety Four Thousand Three Hundred Eighty Four and 94/10
($394,384.94) was attributable to special taxes, interest,
penalties and costs (the "Special Tax Debt") and the remaining
balance was attributable to outstanding amounts paid to reimburse
the City for amounts owed to the San Bernardino Unified School
District.
1.11. In August, 1999, the Developer paid the full amount
of the outstanding balance of Special Tax Debt from amounts he
received from the Redevelopment Agency of the City of San
Bernardino in consideration for restricting the sale of an
aggregate of 22 lots of the Property for residents of low- and
moderate-income.
1.12. The City applied the money it received from the
Developer, along with other amounts, to pay the outstanding balance
of Special Taxes, defease the District's outstanding Refunding
Bonds and extinguish the District.
1.13. Currently, the amount due
Developer to the City (the "Remaining Debt")
Forty Four Thousand Seven Hundred Forty Nine
and owing from the
equals Five Hundred
Dollars ($544,749).
1.14. The parties hereto now mutually desire to further
amend and supercede the Original Settlement Agreement to revise
882001:20829.1 3
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certain terms concerning the performance obligations of Developer
as hereinafter set forth.
1.15. In consideration of the covenants, conditions
and promises herein contained, the Parties agree as, set forth.
SECTION 2.
SETTLEMENT TERMS AND CONDITIONS
2.1. The amount due and owing from the Developer to the
City hereunder (the "Remaining Debt") equals Five Hundred Forty
Four Thousand Seven Hundred Forty Nine Dollars ($544,749), and
shall be paid in the following manner:
Developer shall be required to pay a fee equal to
$7,167.75 per home (the "Modified Home Release Price"):
The Modified Home Release Price includes:
(i)$3,884.75 per home as reimbursement to the City for School
District fees totaling Two Hundred Ninety Five Thousand Two Hundred
Forty One Dollars ($295,241) ("School District Reimbursement") ;
(ii) $1,283 per home as reimbursement to the City General Fund for
amounts due to the City Water District totaling Ninety Seven
Thousand Five Hundred Eight Dollars ($97,508) ("General Fund Water
Reimbursement"); and
(iii) $2,000 per home as reimbursement to the City General Fund
totaling One Hundred Fifty Two Thousand Dollars ($152,000) (the
"General Fund Payment").
2.2. (a) The Modified Home Release Price shall be due and
payable upon final inspection and clearance of utilities prior to
authorizing occupancy for each lot whether or not the home is sold,
or upon the close of escrow of the home, but in no event later than
two (2) months after final inspection and clearance of utilities.
Notwithstanding the foregoing, Developer shall not be required to
pay the Modified Home Release Price for four (4) model homes until
the earlier of (i) the sale of such home or (ii) two (2) years from
the date of construction.
(b) Late charges shall accrue in the event the payment
required hereunder is not paid within thirty (30) days of its due
SB2001:20829.1
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date and shall bear interest at the rate of ten percent (10%) per
annum until paid.
(c) Except as provided in Section 2.3 hereof, Developer
may not transfer title to all or any portion of the Property unless
and until it has remitted the Modified Home Release price payment.
Upon payment of the Modified Home Release Price, the City shall
execute a notice of satisfaction of lien which shall be recorded to
release the lot from this Fourth Amendment.
2.3. Notwithstanding the above, with the consent of the
City, which consent shall not be unreasonably withheld, the
Developer may enter into a construction or sales contract for
construction on the Property or sale of the Property with a
licensed contractor or a developer who, (1) between the period of
January, 1997 through January, 2001: (i) has constructed or is
scheduled to construct at least one hundred (100) single family
housing units, (ii) has developed at least 100 parcels of real
property or (iii) has achieved any combination of (i) and (ii)
totaling 100 and (2) assumes all of the duties and obligations under
this Fourth Amendment.
2.4. The City shall not require the Developer to pay
additional school fees to the extent that the school fees included
in the calculation of the Remaining Debt are sufficient to
compensate the School District for all school fees. The Developer
shall have the sole responsibility to obtain any and all consents
or other waivers as may be required by the School District
acknowledging that the amounts set forth herein are the only School
District fees applicable to the Property.
2.5. In addition to being within the District, the
Property was also subject to Verdemont Infrastructure Fees ("VI
Fees"). However, the Developer shall not be required to pay any VI
Fees on the Property.
2.6. The Developer has requested down payment assistance
be made available to their buyers from the Mortgage Assistance
Program ("MAP") of the Redevelopment Agency of the City of San
Bernardino ("Agency"). The City hereby confirms that it has
entered into a letter agreement in the form attached hereto as
Exhibit "B" with the Agency ( the "Letter Agreement") directing the
Agency to use its best efforts to provide MAP assistance on a first
come first serve basis to all of the Developer's buyers who qualify
SB2001:20829.1
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for MAP assistance. Under the MAP, the buyers shall receive no
more than the following amounts in the following years: 2002/2003 -
$50,000; 2003/04 - $100,000; 2004/05 - $50,000.
In the event the foregoing amounts are not used by
Developer's buyers in the years granted, said amounts shall not be
carried forward and thus shall not be available to the Developer's
buyers in any subsequent year. The foregoing grants shall be
subject to all of the terms, conditions and qualifying criteria as
may be specified in the MAP as such terms, conditions and criteria
exist at such time and consistent with the requirements imposed by
the funding source and other discretionary criteria as may be
established by the Agency. Developer shall not receive any waivers
of terms in connection with this Amendment.
2.7. The Parties hereto acknowledge that pursuant to that
certain Letter Agreement between the Agency and the Developer,
dated July 28, 1999, as amended on April 20, 2001 and as again
amended herewith ( the "Agency/Feldkamp Agreement) (attached hereto
as Exhibit B), the Agency and the Developer have agreed that in
consideration for the amounts paid by the Agency on behalf of the
Developer to extinguish the Special Tax Debt, the Developer shall
restrict the sale of an aggregate of 22 lots of the Property for
residents of low- and moderate-income.
SECTION 3.
DEFAULT TERMS
3.1. The following shall constitute events of default by
the Developer hereunder:
(i) Failure to remit any payment to the City pursuant to
Section 2.1 hereof within forty five (45) days of its due date;
(ii) Failure to record the Final Map for Tract No. 14193
on or before May 1, 2002;
(iii) Default on the part of the Developer under any
provisions of its long term construction loan financing of the
Property.
(iv) Failure to commence construction of on-site building
by October 1, 2002, and thereafter proceed with said construction
with due diligence until completion, subject to Section 3.2 hereof.
8B2001;20829.1
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3.2. Except for the requirement of recording the Final
Tract Map by May 1, 2002, the City agrees to extend the dates for
the performance of the duties of the Developer hereunder for the
construction of the homes on the Property as long as the Developer
proceeds with the construction of said homes with due diligence and
in a workmanlike manner in accordance with normal industry
standards.
3.3. Developer shall not be in default under subsections
(i), (ii) or (iv) of Section 3.1 in the event that such default is
the result of unlawful or unreasonable actions by the City.
"Unreasonable actions" shall not include any discretionary action,
taken by the City in its standard process of approving the final
Tract Map No. 14193 for the Property or other discretionary
approval of the City in connection with completion of the homes on
the Property.
3.4. Subject to Section 3.2 hereof, upon the happening
of an event of default, Developer shall immediately, upon written
request of the City, execute a quitclaim deed to the Property, and
deliver said quitclaim deed and the Property to the City. Upon
delivery to the City and recordation of a quitclaim deed to the
Property, the City shall release Developer from any and all
obligations arising from the Debt against the Property.
SECTION 4.
TERMS OF PURCHASE OF PARCEL 2
4.1. In 1997, the Developer purchased Parcel 2 of the
Property (as described on Exhibit A hereto) from the City for a
total consideration of Four Hundred Thirty Thousand Dollars
($430,000). One Hundred Ninety Seven Thousand, Four Hundred Twenty
Seven Dollars and Fifteen Cents ($197,427.15) of the purchase price
was to be paid upon the sale of each lot to an individual
purchaser. That amount has been included in the Developer
obligation under this Fifth Amendment (as set forth in Section 2.1
hereof) .
The remainder of the purchase price totaling Two Hundred
Thirty Two Thousand, Five Hundred Seventy Two Dollars and Eighty
Five Cents ($232,572.85) shall be deemed to be paid by the
Developer upon development of street improvements (including but
not limited to curbs, gutters, sidewalks, fill-in street paving and
lighting) by the Developer on Ohio, Olive and Walnut Avenues as
described in the site plans which were prepared by MAPCO and
submitted and approved by the City.
882001:20829.1
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SECTION 5.
MISCELLANEOUS PROVISIONS
5.1. This Fifth Amendment contains the entire
understanding of the Parties with respect to the subject matter
hereof, and supercedes all prior agreements both written or oral
relating hereto, except that certain Bailey Creek Agreement between
the City and the Developer and the Agency/Feldkamp Agreement which
requires the Developer to restrict 22 lots for low- and moderate-
income residents. No modification or waiver of any of the
provisions hereof shall be valid unless in writing and executed by
the Parties to be bound.
5.2. This Fifth Amendment shall be governed in accordance
with the laws of the State of California. Any action brought to
enforce or interpret this Fifth Amendment, or any part thereof,
shall be brought in the State of California, in the County of San
Bernardino.
5.3. Each Party hereto certifies that he, she or it has
read all of this Fifth Amendment and fully understands all of the
same.
5.4. This Fifth Amendment shall be recorded in the
appropriate real property records of San Bernardino County,
California and shall constitute a lien on the Property described in
Exhibit "A" for the amounts set forth herein.
5.5. The effective date of the Fifth Amendment is the
date set forth in the first paragraph of hereof.
5.6. This Fifth Amendment has been duly authorized by the
City, through the action of its Mayor and Common Council taken on
July 23, 2001. The representatives signing this Fifth Amendment on
behalf of the City expressly represent that he, she or they do so
with the full authority and consent of the City.
882001:20829.1
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[PLEASE NOTE THAT SIGNATURES OF ALL PARTIES
TO THIS AMENDMENT MUST BE NOTARIZED]
DATED: July
, 2001
CITY OF SAN BERNARDINO,
a California municipal corporation
By:
Judith Valles, Mayor
APPROVED AS TO FORM AND CONTENT:
DATED: July ,2001
LEWIS D'AMATO BRISBOIS & BISGAARD, LLP
By:
Attorneys for
the City of San Bernardino
DEVELOPER
By:
Irving M. Feldkamp III
882001:20829.1
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STATE OF CALIFORNIA
COUNTY OF
On before me,
(here insert name and title of the officer), personally appeared
, personally known to me (or proved to
me on the basis of satisfactory evidence) to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged
to me that he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s) on
the instrument the person(s), or the entity upon behalf of which
the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
Signature
(Seal)
882001:20829.1
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STATE OF CALIFORNIA
COUNTY OF
On before me,
(here insert name and title of the officer), personally appeared
, personally known to me (or proved to
me on the basis of satisfactory evidence) to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged
to me that he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s) on
the instrument the person(s), or the entity upon behalf of which
the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
Signature
(Seal)
882001:20829.1
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EXHIBIT "A"
[DESCRIPTION OF PROPERTY]
882001:20829.1
EXHIBIT B
July 23, 2001
Redevelopment Agency of the
City of San Bernardino
201 North "E" Street, 3rd Floor
San Bernardino, CA 92401
Re: Mortgage Assistance for Developer Properties
Dear Mr. Van Osdel:
By this letter the City of San Bernardino ("City") and
the Redevelopment Agency of the City of San Bernardino ("Agency")
hereby agree that pursuant to the Fifth Amendment to Mutual Release
and Settlement Agreement between the City and Irving M. Feldkamp
III ("Developer") dated as of July 23, 2001, the Agency shall use
its best efforts to provide mortgage assistance to all buyers of
the subject lots who qualify for the Agency's Mortgage Assistance
Program ("MAP"). However, MAP funds will be available on a first
come first serve basis. Under the MAP, the Developer's buyers will
receive assistance, if available, of no more than the following
amounts in the following years: 2002/2003 $50,000; 2003/04
$100,000; 2004/05- $50,000.
In the event the foregoing amounts are not used by
Developer's buyers in the years granted, said amounts shall not be
carried forward, and thus shall not be available to the Developer's
buyers in any subsequent year. The foregoing grants shall be
subject to all of the terms, conditions and qualifying criteria as
may be specified in the MAP as such terms, conditions and criteria
882001:20829,1
exist at such time and consistent with the requirements imposed by
the funding source and other discretionary criteria as may be
established by the Agency. Developer shall not receive any waivers
of terms in connection herewith.
Very truly yours,
CITY OF SAN BERNARDINO
By:
Judith Valles
Mayor
AGREED AND ACCEPTED:
REDEVELOPMENT AGENCY OF THE
CITY OF SAN BERNARDINO
By:
Gary Van Osdel
Executive Director
882001:20829.1