Laserfiche WebLink
1 1.16 Revords and Re mrts. Dcvclarper shah rrrainwin and firomt ttmme to time <br />suhotait to Carty smCla rCCOAIS, rCpOrts arid infiarrmalioum its the E xecutive 17mucckaa' may <br />ueasaammatlaly require in order to prnit City to meet the record keeping and reporting <br />requirements required of it pursuant to 24 CY1C 92.508. <br />1 1. f 7 Uniform Administrative Ite ,uiremmenl's C ust Principles, mid Audit <br />Recruircmcnts for Gcdcral Awards, Developer via €l comply with time requirements aumd <br />standards of' 2 (;1 R 2K <br />l 1 l S C omillict of Interest. Deavcloper shall comply with zmd he botuid by time <br />conllict of interQNI provisions set fodh oat 24 C:"f'tt 5M61 t, as well as- state regulations <br />pertaining to conflict of unterest. <br />1 1 19 Muunitoring. Developer shall allow time City to Qondutct periodic <br />nspec'[ionw car time HOME auvsiwtiM u.mmitn orm tlxe f'aopea-ty auw required by the Program after <br />the (lame of rehabilitation completion„ with reasonable notice. Developer shall cure any <br />defects or deficiencies founmd by the Pity whilc conducting such inspections within two <br />weeks of written ncmirec tlucrcua , or saaClt lcatagCr' pencil as is reasonable within Clue sole <br />discretion od the City- <br />11.20 Recertification of Tenant Income. <br />(A) Developer whatll take till meeuwsarry steps to review the income of all tenants <br />prior to rending; to dime, as, well at,,; revwwmg current lenaant,,: on an annual basis, <br />to accm +oclrsti,ce with HOME regulations and guidelines. beery Riflih (5't) year, <br />Developer shatl require e anew original income documents to be submitted by <br />tenants. Tenants in I lUi1 E assisted units whose inconws tit) longer uormply with <br />federal income gluidclrnca; shall havC their rutrtn adjta -stud in accordance with <br />fg,deral HOW guidelines (24 C'FR 91252-92,253). <br />(13) 11 7MI. ,r,smsted units continue to qualify as affmlahle housing, despite as <br />temporary non-compliance caused by increascs in tine anctrrncs of existmug tenaanls <br />it' actions, ;satisfasctury to HUD are huing taken W Cusatru tlnal all waurnCiQs M-0 <br />foticd in accam hulue with this section unatil the mmoua conappianue is ccaarecte;d. <br />1 1.21 Other IIO IE Program Requirements. Developer shall comply with all <br />other applicable rcgrmrcmacnts of the HOME Program. <br />1't 22 If there, is a discrepancy between ,State; and <br />Federal law with regard to any of the aforementioned covenant -s, the more stringent shall <br />apply. <br />12, NIAIN,rENANCE, ~WlANAC:EP111• N , OPERATION, N, l'RESEPtVra TION <br />AND REP'APIt OF PROPERTY <br />12.1 Maintenance. Developer shall maintain the Property (and all ahni iug <br />grounds, sidewalks, roa&, parking and landscape at-cacs wumich DQvdoper is otherwise <br />required to anaiamtatuti) ill gonad w.ond`mtmon and tcpair; sluall operate the Property in at <br />25H - -33 <br />