RES-ORA-0288 Approving First Amendment to Participation AgreementRESOLUTION NO. ORA-
0288 A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY APPROVING A FIRST AMENDMENT
TO OWNER PARTICIPATION AGREEMENT BY
AND AMONG THE ORANGE REDEVELOPMENT
AGENCY,FAIRWAY MANOR L.P., AND THE ORANGE
HOUSING DEVELOPMENT
CORPORATION.WHEREAS, on September 27, 1994, by Resolution No. ORA-
0281, the Orange Redevelopment Agency (the "Agency") approved an
Owner Participation Agreement (the "OPA") by and among the Orange Redevelopment
Agency, Fairway Manor, L.P. and the Orange Housing Development
Corporation; and WHEREAS, the parties desire to amend the OP A in the
form submitted hen~with as First Amendment to Owner
Participation Agreement.NOW, THEREFORE, BE IT RESOLVED, by the
Orange Redevelopment Agency that the First Amendment to the Owner Participation Agreement
is approved.BE IT FURTHER RESOLVED, that the Agency Executive
Director is authorized and directed to execute the First Amendment to the OP A and to
take all steps and sign all documents and instruments to cany out the First Amendment
to the OPA on behalf of
the Agency.ADOPTED this 9th day of
May
1995.
I~fA'~_c,t~~.,.~,//
C.. !.~'~ L ';' / ~~'~,(~;Chairman, Orange
Redevelopmen:~
Agency
t ATTEST:RILYN
J. JENSEN Clerk, Orange RedevelopmentAgencyJ:dXk By: ( 4i 4.
4d4t& i '
A~-f
I hereby certify that the foregoing Resolution was duly and regularly adopted
by the Orange Redevelopment Agency at a regular meeting thereof held on the
2.!;L day of May , 1995, by the following vote:
AYES: DIRECTORS: MURPHY, BARRERA, COONTZ, SPURGEON, SLAT ER
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
ABSTAIN: DIRECTORS: NONE
MARILYN J. JENSEN
Clerk, Orange Redevelopment Agency
1 /1. ~ I
BY:D4fa~J ~Assistant
Cler\.
ORA..0288 2-ROF:aii
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