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80B - JOINT PH - RESO AND AMEND DDA WITH VISTA DEL RIO
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03/21/2011
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80B - JOINT PH - RESO AND AMEND DDA WITH VISTA DEL RIO
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Last modified
1/3/2012 3:49:59 PM
Creation date
3/17/2011 2:15:20 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80B
Date
3/21/2011
Destruction Year
2016
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12.2 Compliance with Laws ................................................................................................28 <br /> 12.3 Taxes and Impositions .................................................................................................28 <br /> 12.4 [Intentionally omitted] ......................................................... 29 <br /> 12 <br />5 ...................................... <br />Project O <br />ti <br />B <br />d <br />t . <br /> . pera <br />ng <br />u <br />ge <br />........................................................................................... .29 <br /> 12.6 Replacement Reserve Account .................................................................................. .29 <br />13. NON DISCRIMINATION COVENANTS ............................................................................. .29 <br /> 13.1 Obligation to Refrain from Discrimination ................................................................ .29 <br /> 13.2 Nondiscrimination in Employment ............................................................................ .30 <br /> 13.3 Statutory Nondiscrimination Covenants .................................................................... .30 <br /> 13.4 In Affordable Housing Restrictions ........................................................................... . 31 <br />14. ENVIRONMENTAL MATTERS .......................................................................................... .31 <br /> 14.1 Representation and Warranty ..................................................................................... .31 <br /> 14.2 Compliance with Environmental Laws ...................................................................... .31 <br /> 14.3 Presence of Hazardous Materials ............................................................................... .31 <br /> 14.4 Notice of Environmental Matters ............................................................................... .32 <br /> 14.5 Environmental Indemnification by the Vista Del Rio ................................................ .32 <br />15. OTHER AFFIRMATIVE COVENANTS .............................................................................. .32 <br /> 15.1 Existence .................................................................................................................... . 32 <br /> 15.2 Protection of Lien ....................................................................................................... .32 <br /> 15.3 Notice of Certain Matters ........................................................................................... .32 <br /> 15.4 Further Assurances ......................................................................................................33 <br /> 15.5 Annual Audited Financial Statements ......................................................................... 33 <br /> 15.6 Audits and Access to Records ............................................... <br />. 33 <br /> 15.7 . <br />.................................... <br />Termite Inspection Re <br />ort <br /> p <br />........................................................................................... 34 <br />16. OTHER NEGATIVE COVENANTS ................................... 34 <br /> ................................................... <br /> 16.1 Default on Senior Loan .................................................. 34 <br /> 16.2 ............................................. <br />Transfers of Interest in Property or Agreement .......................................................... 34 <br />17. [RESERVED] .......................................... <br />. 36 <br /> ........ <br />....................................................................... <br />18. INDEMNIFICATION .......................................... 36 <br /> ................................................................... <br /> 18.1 Nonliability of Agency and City ............................................ 36 <br /> 18.2 ..................................... <br />Indemnity <br /> <br />18.3 .................................................................................................................... <br />Reimbursement of City and A <br />enc 37 <br /> g <br />y ........................................................................... 37 <br />19. INSURANCE, CASUALTY AND CONDEMNATION ........................................................ 37 <br /> 19.1 Policies Required ........................................................................................................ 37 <br /> 19.2 City Attorney and/or City Risk Manager May Modify ............................................... 38 <br /> 19.3 Claims and Proceedings ........................................................ 38 <br /> 19 <br />4 ...................................... <br />Deliver <br />of Proceeds t <br />Cit <br />/A <br /> . y <br />o <br />y <br />gency ......................................................................... 38 <br /> 19.5 Application of Casualty Insurance Proceeds ............................................................... 39 <br /> 19.6 Method of Disbursement and Undisbursed Funds ...................................................... 39 <br /> 19.7 Failure to Satisfy Conditions ................................................. 39 <br /> 19 <br />8 ...................................... <br />Restoration <br /> . <br />19 <br />9 .................................................................................................................. <br />Condemnation <br />Treat <br />t <br />f C <br />i 39 <br /> . ; <br />men <br />o <br />ompensat <br />on .............................................................. 40 <br /> 19.10 Waiver of Subrogation 4 <br /> ................................................................................................ 0 <br />DOC SOC/ 1475221 v5/200272-0004 <br />8OB-12
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