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SANTA ANA ARTS COLLECTIVE, L.P. (META HOUSING PROJECT)
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Last modified
2/14/2018 2:53:31 PM
Creation date
8/24/2017 4:41:53 PM
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Contracts
Company Name
SANTA ANA ARTS COLLECTIVE, L.P. (META HOUSING PROJECT)
Contract #
A-2017-173
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
7/5/2017
Expiration Date
7/5/2047
Destruction Year
0
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with all applicable environmental laws and required in connection with the routine <br />operation and maintenance of the Property. <br />14.4 Notice of Environmental Matters. Developer shall immediately advise City in <br />writing of any of the following: (a) any pending or threatened environmental claim against <br />Developer or the Property, (b) any condition or occurrence that (i) results in noncompliance <br />with any applicable environmental law, (ii) could reasonably be anticipated to cause the <br />Property to be subject to any restrictions on the ownership, occupancy, use or <br />transferability of the Property under any environmental law, or (iii) could reasonably be <br />anticipated to form the basis of an environmental claim against the Property or Developer. <br />14.5 Environmental Indemnification by the Developer. Developer agrees to defend, <br />indemnify and hold harmless the City and its respective officers, directors, employees and <br />agents (collectively the "Indemnities ") from and against any and all obligations (including <br />removal and remediation), losses, claims (including third party claims), suits, judgments, <br />liabilities, penalties, damages (including consequential and punitive damages), costs and <br />expenses (including consultants, and attorneys' fees) of whatever kind or nature whatsoever <br />that may at any time be incurred by, imposed on, or asserted against the Indemnities <br />directly or indirectly based on, or arising or resulting from the actual or alleged presence <br />of Hazardous Materials on the Property. <br />15. OTHER AFFIRMATIVE COVENANTS <br />While any obligation of Developer under the Inclusionary Promissory Note, <br />Inclusionary Deed of Trust, CDBG Promissory Note, or CDBG Deed of Trust remain <br />outstanding, the following provisions shall apply, except to the extent that City Project <br />Manager otherwise consents in writing: <br />15.1 Existence. The Developer's managing and administrative general partners shall <br />maintain its existence in good standing under the laws of the State of California, and <br />Developer shall provide documentation of such status annually to the City. <br />15.2 Protection of Lien. Developer shall maintain the lien of the Inclusionary Deed of <br />Trust and CDBG Deed of Trust as valid deeds of trust to the Senior Deeds of Trust on the <br />Property and take all actions, and execute and deliver to City all documents, reasonably <br />required by City from time to time in connection therewith. <br />15.3 Notice of Certain Matters. Developer shall give notice to City, within ten (10) <br />days of Developer's learning thereof, of each of the following: <br />(a) any filed litigation or claim affecting or relating to the Property and <br />involving an amount in excess of $5,000; and any litigation or claim that might <br />subject Developer or any general partner to liability in excess of $5,000, whether <br />covered by insurance or not; <br />(b) any dispute between Developer and a Governmental Authority <br />relating to the Property, the adverse determination of which might materially affect <br />the Property; <br />
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