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ORANGE HOUSING DEVELOPMENT CORPORATION/C&C DEVELOPMENT
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ORANGE HOUSING DEVELOPMENT CORPORATION/C&C DEVELOPMENT
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Last modified
6/9/2017 12:18:54 PM
Creation date
11/13/2009 9:35:44 AM
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Contracts
Company Name
ORANGE HOUSING DEVELOPMENT CORPORATION/C&C DEVELOPMENT
Contract #
A-2009-036
Agency
Community Development
Council Approval Date
4/6/2009
Expiration Date
9/20/2064
Insurance Exp Date
2/15/2010
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with the requirements of Section 6 of the City Deed of Trust, with a loss payable <br />endorsement naming the City as a loss payee together with other approved lenders (as <br />their interests may appear), with a "Replacement Cost Endorsement" in amount sufficient <br />to prevent Owner or City from becoming a co-insurer under the terms of the policy, but <br />in any event in an amount not less than 100% of the then full replacement cost, to be <br />determined at least once annually and subject to reasonable approval by the Executive <br />Director. <br />(7) Evidence of a currently paid liability insurance policy, naming the <br />City as additional insured and in a form approved by the City Attorney with coverage as <br />described in the Loan Agreement. <br />(8) Termite reports pertaining to the Property every fifth (5t') year. <br />(9) Such other information as may be reasonably required by the City Manager or <br />his/her designee. <br />b. Records and Audits. Owner shall maintain the following general program <br />records, and make them available for inspection by the City, the State or HUD: <br />(1) records which demonstrate that the project meets the property <br />standard specified in 24 CFR 92.251; <br />(2) records, for each Assisted Unit, which demonstrates that the <br />project meets the requirements of 24 CFR 92.252. <br />(3) records which demonstrate compliance with the tenant and <br />participant protections, as specified in 24 Section 29.253; <br />(4) records which demonstrate compliance with the Equal Opportunity <br />and Fair Housing requirements outlined in these Restrictions, including: <br />(A) data on the extent to which each racial and ethnic group <br />and single head of household (by gender of head of household) have applied for, <br />participated in, or benefited from, any program or activity funded in whole or in part with <br />NSP funds; <br />(B) documentation of actions undertaken to meet the equal <br />opportunity requirements of 24 CFR 92.350, which implements Section 3 of the Housing <br />Development Act of 1968, as amended (12 U.S.C. 1701u); <br />(C) documentation and data on the steps taken to implement <br />Owner's outreach programs to minority-owned and women -owned businesses to meet the <br />minority outreach requirements of 24 CFR 92.350; <br />(5) documentation of the steps taken to carry out an affirmative <br />
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