FULL AGENDA PACKET_2021-04-20 - Laserfiche WebLink

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EXHIBIT 3 1 l .l 1 Displacement and Relocation. Developer acknowledges and agrees that, pursuant to 24 CFR 570_606 and consistent with the other goals and objectives of thin part, City must ensure that it has taken all reasonable steps to rninirnize the displacernenl of persons as a result of the Project. furthermore, to the extent feasible, residential tenants must be provided a reasonable opportunity to lease and occupy a suitable, decent, sale, sanitary and allordable dwelling unit on the Property upon completion of the construction_ Developer agrees to cooperate fully and unnpletcly with City in meeting the requirements of 24 CFR 570.606 and shall take all actions and measures reasonably required by the Executive Director in confection therewith. All applicable state guidelines must also he followed. (a) City shall not be responsible for relocating any occupants iron the Site in connection with the Project. If required, Developer shall have the sole and exclusive responsibility for providing relocation assklance and paying all relocation costs required to comply with all applicable federal and state laws, rules, and regulations_ (b) Developer acknowledges and agrees to hire a Relocation ('oncultant to provide relocation services, pursuant to the Uniform Relocation Act and Real Property Acquisition Policies Act of 1970 (42 U&C_ 4601-4655) and its impletneming requirements at 49 CFR part 24 ("URA") and 24 CFR 570.606. (c) The City, Developer, and Relocalion Consultant will meet periodically during the relocation to provide updates and review tenant files, including. at Project approval and prior to final benetit calculalions. The Developer and Relocation Consultant shall carry out activity in compliance with URA and the City's Acquisition and Relocation Policy and PrOCe(lures Manual ("Manual"). (d) The Developer and Relocation Consultant shall maintain accurate records and tiles pertaining to the temporary and penuatleut relocation oftcnants, in accordance with URA and the City's Manual. (c) The Developer and Relocation Consultant shall provide all relocation and tenant files to the City once relocation is complete -it the Project. 1111 Reversion of Assets. Upon t}re expiration of the finding period or sooner tcrminatio❑ of the Agrcunatt, Developer shall transter to City (a) any and all CDIIG Funds, (b) any accounts receivable attributable to the use of CDI16 I-unds. In all cases in which equipment acquired, in whole or in part, with lands under the Agreenrenl is sold, the proceeds shall be program income (prorated to reflect the extent to that funds rc::cived tmdcr the Agreement were used to acquire the cquipnrent). Equipmcnt not needed by Developer for activities under the Agreement shall at ilic election of City either be (a) transferred to Cit_v for the CMIG program, or (b) retained by Developer after City Council 27 21 — 31 4/20/2021