Cities Index.
Assignment and Assumption Notice of Affordability Restrictions on Transfer of Property (Housing Successor)

City Council/Public Finance and Economic Development Authority/Parking Authority
April 2, 2024

Document
Assignment and Assumption Notice of Affordability Restrictions on Transfer of Property (Housing Successor)
Meeting
April 2, 2024
Body
City Council/Public Finance and Economic Development Authority/Parking Authority
Pages
2
Original file
63 KB
Text extracted from the city's file for reading and search. Open the original on cityofmerced.legistar1.com. That file is the official record.

RECORDING REQUESTED BY:

Fidelity National Title Company
Escrow Order No.: FFOM-2012201313
When Recorded Mail Document To:

City of Merced
City Clerk's Office
678 W. 18'* St.

Merced, CA 95340
APN/Parcel ID(s): 031-082-015-000 SPACE ABOVE THIS LINE FOR RECORDER'S USE Exempt from fee per GC 27388.1(aX2): This document is recording concurrently with a document that is subject to Documentary Transfer Tax

ASSIGNMENT AND ASSUMPTION OF NOTICE OF

AFFORDABILITY RESTRICTIONS ON TRANSFER OF PROPERTY
The undersigned hereby assigns and transfers to City of Merced, a charter city of the State of California, in its own capacity and acting in the capacity as housing successor pursuant to Health and Safety Code Section 34176(b) to the former Merced Redevelopment Agency all interest under that certain Notice of Affordability Restrictions on Transfer of Property executed by City of Merced, a California charter law municipal corporation, Agency, and Central Valley Coalition for Affordable Housing, a California non-profit public benefit corporation, Property Owner, and recorded as instrument on January 22, 2016 in Document No. 2016-002270, of Official Records in the County Recorder's office, County of Merced, State of California, describing land therein as:

SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
IN WITNESS WHEREOF, the undersigned have executed this document on the date(s) set forth below.

CITY OF MERCED, a public body, corporate
and politic, of the State of California and CIT
OF MERCED as the Merced Housing
Successor Agency
By:

Scott McBride
City Manager
Assignment and Assumption
SCA0000248.doc / Updated: 11.20.17 Page

ASSIGNMENT AND ASSUMPTION
(continued)
APN/Parcel ID(s): 031-082-015-000

CALIFORNIA ALL-PURPOSE 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_
County of.

On before me, _ , Notary Public,
(here insert name and title of the officer)
personally appeared
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.

Signature

Page 2 ends

• Assignment and Assumption of Notice of Affordability a triptions Central Valley Coalition for Affordable Housing
1820 1 Street / APN# 031-082-015-000
APPROVED AS TO FORM: APPROVED AS TO FORM:

CRAIG J. CORNWELL, CITY ATTORNEY
Mr Sin, Cornwell
DATE: 3/4/2024

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