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8,2 Commencement and Completion of Construction. <br />The construction shall be considered complete for purposes of this Agreement <br />only when (a) all work described has been completed and fully paid for, and (b) all work <br />requiring inspection or certification by Govemrnental Authority has been completed and <br />all requisite certificates, approvals and other necessary authorizations (including required <br />final certificates of occupancy) have been obtained. <br />8.3 Change Orders. The Construction Contract shall not be modified except <br />pursuant to change orders. All change orders: <br />(a) shall be in writing, numbered in sequence, signed <br />by Developer and submitted to City prior to the proposed effectiveness thereof and <br />accompanied by any working drawings and a written narrative of the proposed change. <br />(b) Shall be subject to the Executive Director's and Bank's <br />prior written approval of the Executive Director and Bank. <br />8.4 Entry and Inspection. At all times prior to completion of the construction, <br />upon reasonable notice, City and their agents shall have (a) the right of free access to the <br />Property and all sites away from the Property where materials for the construction are <br />stored, (b) the right to inspect all labor performed and materials furnished for the <br />construction, and (c) the right to inspect and copy all documents pertaining to the <br />construction. <br />8.5 Compliance with Section 3 Clause. Section 3 of the Housing and Urban <br />Development act of 1968, 12 U.S.C. 1701u, as amended by Section 915 of the Housing <br />and Community Development Act of 1992 requires that economic opportunities <br />generated by HUD financial assistance for housing and commrmity development <br />programs be targeted toward low- and very low- income persons. Whenever HUD <br />assistance generates opportunities for employment or contracting, state and local <br />grantees, as well as other recipients of HUD housing assistance funds must, to the <br />greatest extent feasible, provide these opportunities to low- and very low- income persons <br />and to businesses owned by or employing low- and very low- income persons. Section 3 <br />applies to projects for which HUD's share of project costs exceeds $200,000 and <br />contracts and subcontracts awarded on projects for which HUD's share or project costs <br />exceeds $200,000 and the contract or subcontract exceeds $100,000. <br />For purposes of this Section 3 Clause and compliance thereto, whenever <br />the word "contractor" is used it shall mean and include, as applicable, the Developer, and <br />its contractor and subcontractor(s), if any. The particular text to be utilized in any and all <br />contracts of any contractor doing work covered by Section 3 shall be in substantially the <br />form of the following, as reasonably determined by the City, or as directed by HUD or its <br />representative, and shall be executed by the applicable contractor under penalty of <br />perjury: <br />19 <br />