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1205.1 Management Agent. Developer shall submit the name and qualifications <br />of the proposed Management Agent. The Executive Director shall approve or disapprove the <br />proposed Management Agent in writing based on the experience and qualifications of the <br />Management AgenC. <br />1205.2 Management Agreement. Developer shall submit a copy of the proposed <br />management agreement specifying the amount of the management fee, and the relationship and <br />division of responsibilities between Developer and Management Agent. <br />1205.3 Annual Budget and Projected Cash <br />of the Loans, and annually thereafter not later than one hued <br />each calendar year thereafter, Developer shall submit a prpjec <br />the Executive Director. The budget and cash flow sha'll`-b~ <br />Executive Director. i" -. <br />1205.4 Tenant Selection <br />Management Plan written tenant selection <br />each of the following requirements: <br />(a) D <br />purpose of providing housing for <br />the applicants' ability <br />of senior citizens that <br />Gonzalez National Aff <br />have <br />for: <br />by the Agenc~ltnd City, in <br />the grounds for any <br />eligible tenants to <br />selection of tenants from a written waiting list approved <br />tl:order of their application, insofar as is practicable; and <br />Prior to the first disbursement <br />(150) days after the close of <br />ating budget and cash flow to <br />arm that is acceptable to the <br />shall adoptjand include as part of its <br />for the Affordable Units that meet <br />ies shall be consistent with the <br />Low Income households; <br />I to program eligibility and <br />lease agreement; <br />asona6le<consideration to the housing needs <br />under 42 U.S.C. § 12744 of the Cranston- <br />The prompt written notification to any rejected applicant of <br />;h policies shall provide fu•st priority iu the selection of qualified <br />are referred by the Agency or City; <br />(t) Such policies shall carry out the adopted affirmative marketing <br />procedures of the City of Santa Ana, which are designed to provide information and otherwise attract <br />eligible persons from all racial, ethnic and gender groups in the housing market area to the units. <br />Prior to the date of this Agreement, City has provided Developer with the City's affirmative <br />marketing procedures; and <br />(g) Developer and Agency shall cooperate to effectuate the tenant <br />selection policies described in this Section prior to the initial renting, or upon occurrence of a <br />vacancy, and the re-renting of any Affordable Unit. <br />of <br />38 <br />