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25B - AGMT - LOAN GUEST HOUSE
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12/20/2016
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25B - AGMT - LOAN GUEST HOUSE
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Last modified
12/19/2016 10:36:39 AM
Creation date
12/15/2016 4:54:08 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25B
Date
12/20/2016
Destruction Year
2021
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thereof by delivering to City a, surety bond complying with the requirement of.applicable <br />laws for such release, or (c) take such other action as City may require to release City <br />from any obligation or liability with respect to such stop notice or claim. <br />10.8 General Contractors who are Related 'Parties to the Developer, if the <br />Project is developed with general contractors who are Related Parries to the Developer, <br />the Developer must be audited to the subcontractor level by an outside auditing firm <br />approved by the City. The Developer shall pay for the audit to the subcontractor level by <br />an outside auditing firm. <br />11, FEDERAL (HOME PROGRAM) COVENANTS <br />11.1 Qualification as Affordable Housing, As more particularly provided in <br />the Affordability Restrictions on Transfer of Property, Developer shall use, manage and <br />operate the Property in accordance with the requirements of 24 CFR 92.252 so as to <br />qualify the housing on the Property as Affordable Housing with affordable rents. <br />11.2 Tenant and Participant Protection. Developer shall comply with the <br />requirements of 24 CFR 92.253. <br />11.3 [Intentionally Omitted] <br />11.4 Handicapped Accessibility. Developer shall comply with (a) Section <br />504 of the Rehabilitation Act of 1973, and implementing regulations at 24 CFR 8C <br />governing accessibility of projects assisted Linder the HOME Program; and (b) the <br />Americans with Disabilities Act of 1990, and implementing regulations at 28 CFR 35-36 <br />in order to provide handicapped accessibility to the extent readily achievable. <br />11.6 Use of Debarred Suspended or Ineligible Participants. Developer shall <br />comply with the provisions of 24 CFR 24 relating to the employment, engagement of <br />services, awarding of contracts, or finding of any contractor or subcontractor during any <br />period of debarment, suspension, or placement in ineligibility status. <br />11.7 Maintenance of Drue-Free Workplace. Developer shall certify that <br />Developer will provide a drug-free workplace in accordance with 24 CFR 84.13, <br />11.8 Lead -Based Paint. Developer shall comply with the requirements of the <br />Lead -Based Paint Poisoning Prevention Act (42 U.S.C. 4821-4846) and implementing <br />regulations at 24 CFR 35, as applicable. <br />11.9 Affirmative Marketing. Developer shall implement and perform such <br />affirmative marketing procedures and requirements for the Property (24 CFR 92.351) in <br />compliance with the City's adopted Program (a copy of which is attached hereto and <br />incorporated herein as Exhibit H). <br />11.10 EauaI Opportunity and Fair Housina. Developer shall carry out the <br />rehabilitation and perform its obligations under this Agreement in compliance with all of <br />23 <br />25B-29 <br />
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