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STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD" - (SANTA ANA ARTS COLLECTIVE, L.P. & META HOUSING PROJECT) (2)
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STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD" - (SANTA ANA ARTS COLLECTIVE, L.P. & META HOUSING PROJECT) (2)
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Last modified
9/20/2017 3:40:43 PM
Creation date
9/19/2017 12:11:38 PM
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Contracts
Company Name
STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD"
Contract #
A-2017-179
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
7/5/2017
Expiration Date
7/5/2020
Destruction Year
0
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Meta Housing Corporation and City of Santa Ana <br />16-AHSC-11200 <br />Page 13 of 13 <br />not cured to the satisfaction of the Department within the specified time period, the Department, <br />at its option, may declare a default of the Agreement and may seek remedies for the default, <br />including the following: <br />A. The Department may terminate this Agreement and demand repayment of the Program <br />funds to the extent that work for costs to be paid by Program funds as provided in Exhibit <br />B remains unperformed or uncompleted. Recipient shall be liable for all costs to complete <br />all such uncompleted or unperformed work. <br />S. The Department may seek, In a court of competent jurisdiction, an order for specific <br />performance of the defaulted obligation or the appointment of a receiver to complete the <br />Work in accordance with Program requirements. <br />C. The Department may seek such other remedies as may be available under this Agreement <br />or any law, <br />D, This Agreement may be canceled by the Department under any of the following conditions: <br />1) An uncured breach or violation by Recipient of this Agreement or the Disbursement <br />Agreement. <br />2) The objectives and requirements of the Program cannot be met by continuing the <br />commitment or this Standard Agreement, <br />3} Construction of the Work or Housing Development cannot proceed in a timely <br />fashion In accordance with the Performance Milestones in Exhibit A of this <br />Agreement! <br />4) Funding or disbursement conditions have not been or cannot be fulfilled within <br />required time periods. <br />AHSC —Round 11- Grant <br />NOFA Date: 01/29/16 <br />Approved Lute'. 03/16117 <br />Prep. Date: 07/20/17 <br />
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