Laserfiche WebLink
Vista Del Rio, Successor Agency, Authority, or City from becoming a co- insurer under the terms of <br />the policy, but 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 Director. <br />(7) Evidence of a currently paid liability insurance policy, naming the City as <br />additional insured and in a form approved by the City Attorney with coverage as described in the <br />Loan Agreement. <br />(8) Termite reports pertaining to the Property every fifth (5th) year. <br />(9) Such other information as may be reasonably required by the Executive <br />Director or their designee(s). <br />b. Records and Audits. Vista Del Rio 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 standard <br />specified in 24 CFR 92.251; <br />(2) records, for each HOME Unit, which demonstrates that the project meets the <br />requirements of 24 CFR 92.252. <br />(3) records which demonstrate compliance with the tenant and participant <br />protections, as specified in 24 Section 29.253; <br />(4) records which demonstrate compliance with the Equal Opportunity and Fair <br />Housing requirements outlined in these Restrictions, including: <br />(A) data on the extent to which each racial and ethnic group and single <br />head of household (by gender of head of household) have applied for, participated in, or benefited <br />from, any program or activity funded in whole or in part with HOME Program funds; <br />(B) documentation of actions undertaken to meet the equal opportunity <br />requirements of 24 CFR 92.350, which implements Section 3 of the Housing Development Act of <br />1968, as amended (12 U.S.C. § 1701 u); <br />(C) documentation and data on the steps taken to implement Vista Del <br />Rio's outreach programs to minority -owned and women -owned businesses to meet the minority <br />outreach requirements of 24 CFR 92.350; <br />(5) documentation of the steps taken to carry out an affirmative marketing <br />program in accordance with 24 CFR 92.351, if applicable; <br />(6) if applicable, records which demonstrate compliance with the requirements <br />relating to relocation of displaced persons, as described in 24 CFR 92.353. At a minimum, these <br />shall include project occupancy lists identifying the name and address of all persons occupying the <br />project property up until the date of the Real Estate Closing (i.e., the date on which Vista Del Rio <br />obtained site control); <br />(7) records concerning lead -based paint in accordance with 24 CFR 92.355; <br />B -16 <br />DOCSOC /1475221 v10/200272 -0004 <br />