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HomeMy WebLinkAboutFCTC Senior LP Home Commencement Of Affordability Period - 2-1-24 RECORDE AT THE REQUEST OF AND WHEN RECORDED RETURN TO: mill RAW,EUMT11VINJ ON VA,ON ik 1I III 2024-0010485 FRESNO County Recorder Paul Dictos, CPA Monday, Feb 05, 2024 10:29:01 AM Titles: 1 Pages: 10 City of Fresno Fees: 10.00 Housing and Community CA S02 Fee:Taxes: 0.00 Development Division Total: 2600 Fresno Street, Room 3065 CITY OF FRESNO HOUSING AND COMMUNITY DEVELOPMENT DIVISIO1 Fresno, CA 93721-3603 HOME COMMENCEMENT OF AFFORDABILITY PERIOD This Commencement of Affordability Period is recorded at the request,and for the benefit, of the City of Fresno and is exempt from the payment of a recording fee pursuant to Government Code Section 6103. APN: Parcel Map 2007-41 City of Fresno By: Georg a ne A. White, City Manager Date: Page 1 of 4 COMMENCEMENT OF AFFORDABILITY PERIOD APN: Parcel Man 2007-41 Recitals. A. By a City of Fresno (CITY) HOME Investment Partnerships (HOME) Program Agreement dated January 27, 2020, with FCTC Senior, LP, a California limited partnership (DEVELOPER), agreed to construct rental units for Low-Income senior tenants age 62 and above (Project) and on- and off-site improvements upon the premises legally described in EXHIBIT "A" attached to the HOME Agreement, as amended from time to time, and made a part hereof by this reference (the Property), for the purposes of affordable rental housing for senior (3 floating units at 50% or less and 8 floating units at 80% or less of the area median income), with the assistance of HOME Program funds while meeting the affordable housing, income targeting, and other requirements of 24 C.F.R. 92 according to the terms and conditions of the HOME Agreement, Loan Documents, and other document and instruments referenced therein. B. The HOME Agreement was recorded on January 28, 2020, as Instrument No. 2020-0011360 in the Official Records of Fresno County, California. C. The Declaration of Restrictions was recorded on January 28, 2020, as Instrument No. 2020-0011361 in the Official Records of Fresno County, California. D. The Deed of Trust Assignment of Rents was recorded on January 28, 2020, as Instrument No. 2020-0011362 in the Official Records of Fresno County, California. E. The Notice of Construction was recorded on June 26, 2023, as Instrument No. 2023-0058754 in the Official Records of Fresno County, California. F. The CITY's issuance of this Commencement of Affordability Period is evidence that the Project was completed and closed on August 8, 2023, in HUD's Integrated Disbursement and Information System (IDIS) and sets forth the 55-year affordability period. NOW THEREFORE: 1. The CITY certifies that the DEVELOPER completed the Project and was issued a Certificate of Completion. 2. The CITY certifies the applicable HOME Agreement loan documents were recorded. 3. This Commencement of Affordability Period is evidence that the Project was completed and closed in HUD's IDIS system and sets forth the commencement of the Project Affordability Period. 4. Nothing contained herein modifies any provision of the HOME Agreement. Page 2 of 4 IN WITNESS WHEREOF, CITY has executed this Commencement of Affordability Period as of this day of 2024. CITY OF FRESNO By: Date: Name: orgeanne A. White Title: CI y Manager (Attach notary certificate of acknowledgment) ATTEST: APPROVED AS TO FORM: TODD STERMER, CMC ANDREW JANZ CITY CLERK CITY ATTORNEY By. By: Ail" &Vlqdv� Name: Name: TracyA Parvanian Title: Deputy Title: Supery g Deputy /City Attorney Date: 2 ' rJ — Date: FCTC SENIOR, LP, a California limited partnership By: COMMUNITY REVITALIZATION AND DEVELOPMENT CORPORATION, a California Nonprofit Public Benefit Corporation Its: Managing General Partner r By: David Rutledge Its: President (Attach notary certificate of acknowledgment) By: DOMINUS CONSORTIUM, LLC, a California limited liability company Its: Administrative General Partner By: NEGOCIOS DE FAMILIA, LLC, a California limited liability company Its: Member By: LANCE-KASHIAN & COMPANY, a California corporation Its: Manager Page 3 of 4 By: _ Its: Id (Attach notary certificate of acknowledgment) By: ESSAYONS, LP, a California limited partnership Its: Member By: PENTORI, a California corporation Its: General Partner By: Thomas G. Richards Its: President (Attach notary certificate of acknowledgment) Page 4 of 4 By: Sal Gonzales Its: President (Attach notary certificate of acknowledgment) By: ESSAYONS, LP, a California limited partnership Its: Member By: PENTORI, a California corporation Its: General art er r B 7 omas G. Rjchards Its: President (Attach notary certificate of acknowledgment) Page 4 of 4 CLERK'S CERTIFICATION A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document,to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document State of California } County of Fresno } On February 5, 2024 before me, Mary Quinn Deputy Qy Clerk , personally appeared, Geor eanne A. White City Manager, City of Fresno who 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. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal OF F�F��p Todd Stermer, CIVIC City Clerk, City of Fresno A w �t44ra00%`. Mary QuinyEie ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Fresno ) On February 1, 2024 before me, T Machado, Notary Public (insert name and title of the officer) personally appeared Georgeanne A. White who 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. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. T. MACHAD WITNESS my hand and official seal. COMM. #2469751 z Notary Public •California c Fresno County M Comm.Expires Nov.5,2027 Signature (Seal) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Shasta On 3VAM0.0 27 qw_ before me, Hollie J. Zander, Notary Public (insert name and title of the officer) personally appeared David Rutledge who 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. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WLLIE J.WIDER WITNESS my hand an official seal. Notary Public•California 10my Shasta County Commission rt 2457651 Comm.EVires Aug 5,202 „ Signature (Seal) CALIFORNIA ACKNOWLEDGMENT CIVIL CODE § 1189 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California 1 County of Fv-�S�-c9 On ,t ti11.11 23 before me, cS ­Q r. Date Here Insert Name and T4 of the Off r personally appeared Nome(s)of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(g)whose name(.:;) is/ate subscribed to the within instrument and acknowledged to me that he/sheft+tey executed the same in his/he fth-efr authorized capacity(ior4 and that by his/her{their signature(sf on the instrument the person(s), or the entity upon behalf of which the personM acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing lamy STEVEN M.YOUNG paragraph is true and correct. NataryPsnoC untCal#orrtiaWITNESS my hand and official seal. Frrsno CaurttyCommission p 2329095 Comm.Expires Am 24,2024 s Signature Place Notary Seal and/or Stamp Above Signature e0taryAubfic OPTIONAL Completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: �A �� r ►� �(r �r, o Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: _ Signer's Name: ❑ Corporate Officer—Title(s): _ ❑ Corporate Officer—Title(s): ❑ Partner— ❑ Limited ❑ General ❑ Partner— ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Trustee ❑ Guardian or Conservator ❑ Other: ❑ Other: Signer is Representing: Signer is Representing: . ©2019 National Notary Association ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies on the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA COUNTY OF FRESNO On JanuaU 24, 2024 before me, Leta M Ciavaglia, Notary Public, personally appeared THOMAS G. RICHARDS who proved to me on the basis of satisfactory evidence to be the person(r) whose name( isles subscribed to the within instrument and acknowledged to me that hel4w94wy executed the same in hisf4@4theimr authorized capacity(Ws), and that by h1s/kel544Wr signature( on the instrument the person(f , or the entity upon behalf of which the person(o acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. r ry LETA M,CIAVAGLIA "`- Notary Publlc-California '- Fresno County ` Commission N 2358656 Signatur ti o Comm.Expires Jun 20,2025 �111 Leta M Ciavaglia [SEAL}