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25G - AGMT - INCLUSIONARY HOUSING AGMT
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25G - AGMT - INCLUSIONARY HOUSING AGMT
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4/2/2015 4:28:32 PM
Creation date
4/2/2015 3:22:49 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25G
Date
4/7/2015
Destruction Year
2020
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ARTICLE <br />Default <br />If either Party defaults with regard to any provision of this Incluslonary dousing <br />Agreement, the non - defaulting Party shall serve written notice of such default <br />upon the defaulting Party. If, after the service of written notice of such default, . <br />the defaulting Party does not cage such default within thirty (30) calendar days <br />after service of the notice of default (or, if such cure reasonably takes longer than <br />thirty (30) days, if such cure has not been commenced within the thirty (50) day <br />period or is not diligently completed within a reasonable time, not to exceed an <br />additional sixty (60) calendar days), the defaulting Party shall be in Default of the <br />terms of this Incluslonary Housing Agreement, and shall be liable to the other <br />Party for damages caused by such Default. Alternatively, the non- defaulting <br />Carty, at its option, may institute an action for specific performance of the terms <br />of this Incluslonary Housing Agreement. <br />In the event of a breach or potential breach of program requirements, In addition <br />to any other rights or remedies, either Party may institute legal action to cure, <br />correct or remedy any Default, to recover damages for any Default, or to obtain <br />any other remedy consistent with the purposes of this Inclusionary Housing <br />Agreement.. <br />II -A: The City's actions may include, but are not limited to, the following: <br />The following legal actions: <br />a. Actions to enforce compliance with the program requirements and <br />to enjoin any actions by Developer that violate program <br />requirements; <br />b. Actions to disapprove, revoke or suspend any permit, including a <br />Building Permit, Certificate of Occupancy or other discretionary <br />approval; <br />C. Injunctive relief and damages; and <br />Induslonary Housing Agraernent- Owneislrlp ProfecY ?age 16 <br />City o€ Santa Ana <br />25G -18 <br />
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