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75B - PH - HOUSING OPPORTUNITY ORD
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75B - PH - HOUSING OPPORTUNITY ORD
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Last modified
8/3/2015 10:49:26 AM
Creation date
7/30/2015 5:46:56 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75B
Date
8/4/2015
Destruction Year
2020
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LS 7.30.15 <br />trust, resale restrictions, rights of first refusal, options to purchase, and /or other <br />documents, which shall be recorded against all Inclusionary Units. <br />(f)(h) General Prohibitions. <br />(1) No person shall sell or rent an Inclusionary Unit at a price or rent in excess <br />of the maximum amount allowed by any restriction placed on the unit in <br />accordance with this Article. <br />(2) No person shall sell or rent an Inclusionary Unit to a person or persons that <br />do not meet the income restrictions placed on the unit in accordance with <br />this Article. <br />(3) No person shall provide false or materially incomplete information to the City <br />or to a seller or lessor of an Inclusionary Unit to obtain occupancy of housing <br />for which that person is not eligible. <br />(g) Q Principal Residency Requirement. <br />(1) The owner or lessee of an Inclusionary Unit shall reside in the unit for not <br />less than ten out of every twelve months. <br />(2) No owner or lessee of an Inclusionary Unit shall lease or sublease, as <br />applicable, an Inclusionary Unit without the prior permission of the Executive <br />Director. <br />Sec. 41 -1907. Takings Determination Reserved <br />13 <br />75B -23 <br />
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