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CARIBOU INDUSTRIES (14)
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CARIBOU INDUSTRIES (14)
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Last modified
4/7/2025 3:04:47 PM
Creation date
3/27/2025 12:53:35 PM
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Contracts
Company Name
CARIBOU INDUSTRIES
Contract #
A-2025-030
Agency
Community Development
Council Approval Date
10/20/2020
Expiration Date
10/20/2075
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above documentation, upon at least forty-eight (48) hour notice, to monitor compliance with this <br /> Agreement, and shall be entitled to inspect the records of the Project relating to the Affordable <br /> Units and to conduct an independent audit or inspection of such records at a location within the <br /> City that is reasonably acceptable to the City. Developer agrees to cooperate with City in making <br /> the Property and the records of the Project relating to the Affordable Units available for such <br /> inspection or audit. Developer agrees to maintain each record of the Project for no less than five <br /> (5)years after creation of each such record, <br /> Developer shall allow the City to conduct annual inspections of each of the Affordable <br /> Units on the Property after the date of construction completion,with reasonable notice. Developer <br /> shall cure any defects or deficiencies found by the City while conducting such inspections within <br /> ten (10)Business Days of written notice thereof, or such longer period as is reasonable within the <br /> sole discretion of the City. <br /> 4.12 Notice of Affordability Restrictions on Transfer of Property. In the event <br /> Developer wishes to sell or transfer the Project during the Total Affordability Term, the City and <br /> the Developer shall execute and deposit into escrow a Notice of Affordability Restrictions on <br /> Transfer of the Property as contained herein(Exhibit E). The sale or transfer of the Property shall <br /> not be effective unless and until the City and the transferee execute the documents necessary to <br /> transfer the Density Bonus Agreement obligations from the Developer to the transferee. <br /> 4.13 [Intentionally Reserved] <br /> 4.14 Alternative Transportation and Energy Source Resource Conservation and LEED <br /> Certification. While not a condition of the project's Density Bonus, in recognition of the City's <br /> desire to optimize the energy efficiency of the project,Developer agrees to consult with the project <br /> design team,a CABEC certified 2016 Certified Energy Analyst, a LEED AP Homes (low-rise and <br /> mid-rise),LEED AP BD-PC(high rise),National Green Building Standard(NGBS)Green Verifier, <br /> or GreenPoint Rater(one person may meet both of these latter qualifications) early in the project <br /> design process to evaluate a building energy model analysis and identify and consider energy <br /> efficiency or generation measures.Prior to the meeting,the energy analyst shall complete an initial <br /> energy model based on either current T24 standards or, if the project is eligible, the California <br /> Utility Allowance Calculator using best available information on the project. To the extent <br /> financially feasible for the project, Developer agrees to incorporate and optimize energy efficient <br /> building materials,methods, and amenities. <br /> 4.15 Onsite Propegy Manager, The Project shall have 24-hour on-site Property <br /> Management services and personnel. Up-to-date 24-hour contact information for the on-site <br /> personnel shall be provided to the following City agencies on an ongoing basis: <br /> (a)Police Department <br /> (b) Fire Department <br /> (c) Planning and Building Agency <br /> (d) Community Development Agency <br /> 4.16 Emergency Evacuation Plan,. Developer shall submit and obtain approval of an <br /> Emergency Evacuation Plan (the EEP) from City Police and Fire Protection agencies prior to <br /> 13 <br />
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