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including training positions, that are filled (a) after the contractor is selected but before the <br />contract is executed, and (b) with persons other than those to whom the regulations of 24 <br />CFR part 135 require employment opportunities to be directed, were not filled to <br />circumvent the contractor's obligations under 24 CFR part 135. <br />(f) Noncompliance with HUD's regulations in 24 CFR part 135 may <br />result in sanctions, termination of this contract for default, and debarment or suspension <br />from future HUD assisted contracts." <br />After the foregoing Section 3 Clause, there shall be a signature block for the <br />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 this <br />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 if <br />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 Notice <br />of Completion upon completion of the construction, diligently file a notice of cessation in <br />the event of a cessation of labor on the construction for a period of thirty (30) days or more, <br />and take all actions reasonably required to prevent the assertion of claims of lien against <br />the Property. In the event that any claim of lien is asserted against the property or any stop <br />notice or claim is asserted against the City by any person furnishing labor or materials to <br />the Property, Developer shall immediately give written notice of the same to City and shall, <br />promptly and in any event within ten (10) Business Days after written demand therefor, (a) <br />pay and discharge the same, (b) effect the release thereof by delivering to City a surety <br />bond complying with the requirement of applicable laws for such release, or (c) take such <br />other action as City may reasonably require to release City from any obligation or liability <br />with respect to such stop notice or claim. Nothing in this Section 10.7 shall limit or prohibit <br />Developer's right to contest any claim of lien, stop notice or claim described herein in good <br />faith. <br />10.8. General Contractors who are Related Parties to the Developer. If the <br />Project is developed with general contractors who are Related Parties to the Developer, the <br />25 <br />The Crossroads at Washington <br />City NSP Loan Agreement <br />