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80A - HOUSING AND SUBORDINATION LOANS
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09/17/2019
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80A - HOUSING AND SUBORDINATION LOANS
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9/12/2019 6:11:12 PM
Creation date
9/12/2019 5:58:33 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
9/17/2019
Destruction Year
2024
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EXHIBIT 3 <br />training positions, the qualifications for each; and the name and location of <br />person(s) taking applications for each of the position; and the anticipated date the <br />work shall begin. <br />(d) The contractor agrees to include this Section 3 clause in every <br />subcontract subject to compliance with regulations in 24 CFR part 135, and <br />agrees to take appropriate action, as provided in an applicable provision of the <br />subcontract or in this Section 3 clause, upon a finding that the subcontractor is in <br />violation of the regulations in 24 CFR part 135. The contractor will not <br />subcontract with any subcontractor where the contractor has notice or knowledge <br />that the subcontractor has been found in violation of the regulations in 24 CFR <br />part 135. <br />(e) The contractor will certify that any vacant employment positions, <br />including training positions, that are filled (a) after the contractor is selected but <br />before the contract is executed, and (b) with persons other than those to whom the <br />regulations of 24 CFR part 135 require employment opportunities to be directed, <br />were not filled to circumvent the contractor's obligations under 24 CFR part 135. <br />(0 Noncompliance with HUD's regulations in 24 CFR part 135 may <br />result in sanctions, termination of this contract for default, and debarment or <br />suspension from future HUD assisted contracts." <br />After the foregoing Section 3 Clause, there shall be a signature block for <br />the contractor, as applicable, the following text shall be included immediately above the <br />signature block: "The contractor/provider by his/her signature affixed hereto declares <br />under penalty of perjury that contractor has read the requirements of the Section 3 Clause <br />and accepts all its requirements contained therein for all of his/her operations related to <br />this contract." <br />To the extent applicable, the Developer shall comply and/or cause <br />compliance with Section 3 Clause requirements for the Project. For example, when and <br />if Developer or its contractor(s)/subcontractor(s) hire(s) full time employees, rather than <br />volunteer labor or materials, Section 3 is applicable and all disclosure and reporting <br />requirements apply. <br />10.6 Construction Information. From time to time during the course of the <br />construction, within ten (10) Business Days following City's written demand therefore, <br />Developer shall furnish requested reports of project costs, progress schedules and <br />contractors' costs breakdowns for the construction, itemized as to trade description and <br />item, showing the name of the contractor(s) and/or subcontractor(s), and including such <br />indirect costs as real estate taxes, legal and accounting fees, insurance, architects' and <br />engineers' fees, loan fees, interest during construction and contractors' overhead. <br />10.7 Protection Against Liens. Developer shall diligently file a valid <br />Notice of Completion upon completion of the construction, diligently file a notice of <br />cessation in the event of a cessation of labor on the construction for a period of thirty (30) <br />days or more, and take all actions reasonably required to prevent the assertion of claims <br />18 <br />
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