First Amendment to Regulatory Agreement 2003-1354313RECORDING REQUESTED:BY:
NORTH AMERICAN TITLE
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20U DOC # 2003- 1354313
NOV 07, 42 003 3:57 PM
RECORDING REQUESTED BY: ) OFFICIAL RECORDS
AND WHEN RECORDED MAIL TO: ) SAN DIEGO COUNTY RECORDER'S OFFICE
GREGORY J. SMITH, COUNTY RECORDER
Poway Redevelopment Agency ) FEES 0.00
13325 Civic'Center Drive )
Powa Califomia:92064 ) 1111111111111111111 IN
Attention: Redevelopment Director ) 2003- 1354313_ _
This document is exempt from me paymem of a recuwumg
fee pursuant to Government Code Section 27383.
FIRST AMENDMENT TO REGULATORY AGREEMENT
THIS FIRST AMENDMENT TO REGULATORY AGREEMENT is entered into•as of
September 2, 2003, by and between the POWAY REDEVELOPMENT AGENCY, a public body,
corporate and politic.(the "Agency" j, and HALEY RANCH ESTATES HOUSING
ASSOCIATES, L.P., a California - limited partnership (the "Lessee ").
RECITALS
A. The parties have entered into a Regulatory Agreement dated as of September
26, 2000 (the "Regulatory Agreement"), which was recorded in the:official records of San Diego
County on October 24 , 2000 as Document No. 2000 - 0 571 7 2 8
Agreement.
B. The parties hereto desire to make certain modifications to the Regulatory
NOW, THEREFORE, the parties hereto agree as follows:
1. Income Level of Tenants. The first paragraph of Section 402.1 of the Regulatory
Agreement is revised to read as follows:
"402.1 Number of Affordable Units. Lessee agrees to_make available, restrict
occupancy to, and rent Sixty -Four (64) of the Housing Units to Very Low Income
Households, all at an Affordable Rent (except for Pre - Existing Tenants as provided in
Section 6.4 hereof). One of the Housing Units may be occupied by the Property Manager."
•
2. Extremely Low Income Households. All references in the Regulatory Agreement
to Extremely Low.Income Households are hereby deleted.
3. No'Other'Changes. Except as expressly provided to the contrary in.this,First
Amendment, the terms of the Regulatory Agreement shall remainJn full force and effect as, written.
All terms used herein and not defined herein but defined in the Regulatory Agreement shall have the
meaning given to such terms in the Regulatory Agreement.
DOCSOC \990367vl\22345 0015
24931
0
IN WITNESS WHEREOF,. Agency and the'Lessee have executed this First Amendment to
Regulatory. Agreement as<of the date first set forth above.
AGENCY:
ATTEST:
Seer tary
TO FORM:
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Stradlit Yocca rlson & Rauth
Agency egal Counsel
E
POWAY REDEVELOPMENT AGENCY, a public
body, corporate and politic
By:
James . Boi ersox, Executive Director
LESSEE:
HALEY RANCH ESTATES HOUSING
ASSOCIATES, L.P., a California limited partnership
By: Community HousingWorks, a California
nonprofit corporation, its General Partner
By:
n M: Reynolds, Exe uti Director
DOCSOC \990367v I \22345 0015
2493
STATE OF CALIFORNIA )
ss.
COUNTY OF
On q Al 10 bcforeme "'Vk&- V4 lyt- I \(�yut441tiie,� ,Notary Public,
(Print Name of Notary Public)
personally appeared
personally known to me
-or-
F1 proved to me on the basis of satisfactory evidence to be the person( whose name('%' is /W
subscribed to the within instrument and acknowledged -to me that wshe /they executed the same
in 1}is7her /tbeifauthorized capacity(;* and that by Jris /her /theirsignature(,$) the instrument the
p eror j o -t e e t t behalf of which the person(s)'acted, executed the instrument.
ZULEIlG4 M. NATHANIEL
Commission R 1342850
Notary Public - Cetifomia
San Diego "County
v Comm Er pies Feti g, 20(
WITNESS my hand,and official seal.
OPTIONAL
Though the data ' below is not required by law; it may prove valuable to persons;relying on the document and could prevent
fraudulent reattachment of tins form.
CAPACITY CLAIMED BY SIGNER
❑ Individual
Corporate Officer
Title(s)
❑ Partner(s) ❑ Limited
❑ General
i
Attorney -In -Fact
Trustee(s)
Guardian/Conservator
Other:
Signer is representing:
Name Of Person(s) Or Entity(ics)
o ' � \'V`t 11�ijlMrl �>�C�l'vg
DESCRIPTION OF ATTACHED DOCUMENT
r
Title Or-Type Of Docum t
a
Number Of Pages
9 la /03
Date Of Documents
Signer(s), Other Than Named Above
DOCSOC \990367vl\ 0015
24933
STATE OF CALIFORNIA )
ss.
COUNTY OF )
Of N m `r 4 , before me '�)&' . otary Public,
(Pnnt Name of Notary
personally appeared
personally known tome
-or-
proved to me on the basis 'of satisfactory evidence to be the person(s) whose name(s) is /are
subscribed to the within +instiuirient and acknowledged to me thai he /she /they executed the same
in his / her /their authorized'eapacity(ies), and that by his /her /tliair,signature(s) on'the instrument the
person(s), or the entity upon behalf of which the person(s), acted, executed the instrument.
®per M r-HH.IEPALJUNEHEBZGOTT
. Commission# 1290219. z
Notary Public - California £
_ San Diego County
My Cornet mires MOr23, 2005
S my hand and official seal.
\ 1 W\ )1\
OPTIONAL
'Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
❑ Individual
❑ ,Corporate Officer
❑ Parmer(s) ❑ Limited
❑ General
i
Attomey -In -Fact
Trustee(s)
Guardian/Conservator
Other:
Signer is representing:
Name Of Person(s) Or Ennty(ies)
DESCRIPTION OF ATTACHED DOCUMENT
Title Or Type Of Document
Number Of Pages
Date Of Documents
Signers) Other Than Named Above
DOCSOCY)%367v 1 \22345.0015