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04 - Agmt - 605-611 E Washington
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04 - Agmt - 605-611 E Washington
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City Clerk
Doc Type
Agenda Packet
Item #
04
Date
3/7/2011
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their interests may appear), with a "Replacement Cost Endorsement" in amount sufficient to prevent <br />Developer or Agency/City from becoming a co-insurer under the terms of the policy, but in any event <br />in an amount not less than 100% of the then full replacement cost, to be determined at least once <br />annually and subject to reasonable approval by the Execurtive Director. <br />(g) Evidence of a currently paid liability insurance policy, naming the <br />Agency and City as additional insureds and in a form approved by legal counsol to the Agency and <br />City, with coverage as described in the Agreement. <br />Pi•o ert shall be rovided ever <br />(h) Termite reports pertaining to tli~ "~ p y p' y <br />fifth (5th) year. <br />(i) Such other information as maq~~l~e reasonably required by the <br />Executive Director or his/her designee. <br />1210.2 Records and Audits..; lleveloper shall maintain Yhe,following records, and <br />make them available for inspection by the Agency, the, City, the State or HUD ':•. <br />(a) records wwhich demonstrate t$dt~~~the project meets the property <br />standard specified in 24 CFR 92.251, <br />(b) records, for'each Affogdable Umts~'~'hich demonstrates that the project <br />meets the requirements of 24 CFR 92.252; `' <br />(c) records which demonstr€tte wrraplance with the tenant and participant <br />protections, as specified in 24 Section 29,253, <br />(d) -a•ecgrds .which demonstrate compliance with the Equal Opportunity <br />and Parr Housing requirements outlined in these Restnct4ons, including: <br />rr (i) data on the'eXtent to which each racial and ethnic group and <br />single head.?Qf household (by gendee-of ;head of household) have applied for, participated in, or <br />benefited from" any prrogram o1 at iv~ty fmided in whole or in part with HOME funds; <br />(r{~.; documentation of actions undertaken to meet the equal <br />opportunity requucnichts of 24`;:CFR 92.350, which implements Section 3 of the Housing <br />Development Act of 1968, as amep2led (12 U.S.C. § 1701 u); <br />(iii) documentation and data on the steps taken to implement <br />Developer's outreach programs to minority-owned and women-owned businesses to meet the <br />minority outreach requirements of 24 CFR 92.350; <br />(e) documentation of the steps taken to carry out an affirmative <br />marketing program in accordance with 24 CFR 92.351, if applicable; <br />(f) if applicable, records which demonstrate compliance with the <br />requirements relating to relocation of displaced persons, as described in 24 CFR 92353. At a <br />minimum, these shall include project occupancy lists identifying the name and address of all persons <br />occupying the project property upon Developer's acquisition (i.e., the date on which Developer <br />obtained site control); <br />42 <br />
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