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Agmt04 El Camino & Vera Street
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Agmt04 El Camino & Vera Street
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Last modified
11/10/2008 12:29:54 PM
Creation date
6/15/2004 11:18:49 AM
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Template:
Agreement
Contractor Name
El Camino & Vera Street
PROJECT NAME
Housing Site - Affordable Housing
RMP File Number
405
Date
5/24/2004
MO Ref
04-04 04-09 04-92
Box
6599
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<br /> - Parking Plan, including number of spaces/square <br /> feet and a mitigation proposal (if applicable) <br /> - Submit proposed First Right of Refusal and Resale <br /> Restrictions <br /> b. Submit Site Plans, Floor Plans, Parking Plans, <br /> Access/Circulation and Elevations <br /> c. Submit Revised Financial Pro Forma reflecting <br /> Development Program, including: <br /> - Construction cost estimate <br /> - Home sales revenues <br /> - Sources and uses of funds for both the <br /> construction and permanent period <br /> - Detailed Request for Agency Assistance <br /> Developer ObliGations - 180 Davs <br /> <br /> Within the Term of the Agreement, the Developer shall <br /> undertake and complete the following: <br /> - Complete Phase 1 environmental assessment <br /> - Negotiate business terms of DDA <br /> - Secure all necessary land use approvals except <br /> building permits to the extent possible <br /> - Obtain local design review approval to the extent <br /> required <br /> - Resubmit development costs based on latest set of <br /> design documents <br /> Aaencv ObliGations - 180 Davs <br /> <br /> In the event that the parties do not reach agreement on <br /> a Disposition and Development Agreement, the Agency shall reimburse <br /> the Developer for certain development expenses traditionally <br /> provided by the owner of property, including geotechnical studies, <br /> site survey, topographical/utility mapping and updated <br /> environmental survey or mitigation analysis, on the following <br /> conditions: <br /> a. The Agency must have approved the expense in <br /> writing prior to the expense being incurred by the Developer (or, <br /> B - 2 <br /> - o' . <br />
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