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55C - RESO - SA ARTS COLLECTIVE
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07/05/2017
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55C - RESO - SA ARTS COLLECTIVE
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6/29/2017 5:23:56 PM
Creation date
6/29/2017 5:15:07 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
55C
Date
7/5/2017
Destruction Year
2022
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(b) Coordination with the WORK Center: The Developer and the Property Manager <br />shall coordinate with the City's WORK Center to provide services and outreach to <br />tenants, as well as provide information on employment during the construction of <br />the Project. <br />(c) Tenant Satisfaction Survey: The Developer shall complete and submit to the City <br />biennial tenant satisfaction surveys of tenants. <br />(d) Rental Inclusionary Housing Manual: The Developer shall also maintain <br />compliance with the City's Inclusionary Housing Manual for Rental Projects. <br />11.23 Controlling Covenants. If there is a discrepancy between State and Federal law <br />with regard to any of the aforementioned covenants, the more stringent shall apply. <br />12. MAINTENANCE, MANAGEMENT, OPERATION, PRESERVATION AND <br />REPAIR OF PROPERTY <br />12.1 Maintenance. Developer shall maintain the Property (and all abutting grounds, <br />sidewalks, roads, parking and landscape areas which Developer is otherwise required to <br />maintain) in good condition and repair; shall operate the Property in a businesslike manner; shall <br />prudently preserve and protect its own as well as the City's interests in connection with the <br />Property; shall not commit or permit any waste or deterioration of the Property (except for <br />normal wear and tear); shall not abandon any portion of the Property or leave the Property <br />unguarded or unprotected; and shall not otherwise act, or fail to act, in such a way as to <br />unreasonably increase the risk of any damage to the Property or of any other impairment of <br />City's interests under the Loan Documents. Without limiting the generality of the foregoing, and <br />except as otherwise agreed by City in writing from time to time, Developer shall promptly and <br />faithfully perform and observe each of the following provisions: <br />12. 1.1 Alterations and Repair. Developer shall not remove, demolish or <br />materially alter any Improvement without City's prior consent, except to make non-structural <br />repairs which preserve or increase the Property's value, and shall promptly restore, in a good and <br />professional manner, any Improvement (or other aspect or portion of the Property) that is <br />damaged or destroyed from any cause. <br />12.2 Complianee. Developer shall comply with all laws and requirements of <br />Governmental Authority (including, without limitation, all requirements relating to the obtaining <br />of Governmental Authority approvals), all Governmental Authority approvals and all rights of <br />third parties, relating to Developer, the Property or Developer's business thereon. <br />12.3 Taxes and Impositions. Developer shall pay, prior to delinquency, all of the <br />following (collectively, the "Impositions"): (a) all general and special real property taxes and <br />assessments imposed on the Property; (b) all other taxes and assessments and charges of every <br />kind that are assessed upon the Property (or upon the owner and/or operator of the Property) and <br />that create or may create a lien upon the Property (or upon any personal property or fixtures used <br />in connection with the Property), including, without limitation, non-governmental levies and <br />55C-156 <br />
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