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Guest House RFP# 15-129 4. PROJECT MANAGEMENT PLAN 30 | Page PROJECT MANAGEMENT PLAN Guest House is an affordable housing community containing seventy seven (77) units comprised of studio and 1 bedroom units. The community is ideally located for the convenience of schools and recreation. Property characteristics and amenities include: Smoke free community Outdoor lounge areas Range and refrigerator Pool Resident Services program On-site laundry Furnished units The property will be managed by Solari Enterprises, Inc. and Mercy House will be the on-site service provider offering a variety of resident services programs, tailored to the needs of the residents. I. PROPERTY MANAGEMENT A. Role and responsibility of the Owner and/or delegation of authority to the management agent. 1. Scope of Responsibilities. The respective responsibilities of Guest House LP. (the "Owner") and Solari Enterprises, Inc. (the "Agent') are described in the Management Agreement. This Project Management Plan (the “Plan”) is incorporated by reference in to the Management Agreement. This Plan does not supersede the Agreement. The terms of the Agreement supersede any terms of this Plan if there are any contradictory provisions, while the terms of this Plan supplement the terms of the Agreement if any provisions in the Plan are not explicitly included in the Agreement. The Agent will need prior approval from the Owner before taking action as noted below: a) Approving of any large contracts such as exterior painting, remodeling, etc. b) Disbursements in excess of $3,000 for labor and or materials required to maintain the development. The Agent must make every effort to keep disbursements within the guidelines of the projected budget amounts. 2. Change in Management Agent. The Owner maintains a list of property management agents who have the experience and capacity to manage the site and who are experienced 3-43