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RecDoc 2018-014383 Declaration of Affordability Covenants 3752 - 3770 Rolison Rd
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RecDoc 2018-014383 Declaration of Affordability Covenants 3752 - 3770 Rolison Rd
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Last modified
7/11/2019 10:39:48 AM
Creation date
4/5/2018 4:49:42 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Declaration of Affordability Covenants
Doc Num
2018-014383
Rec Date
2/28/2018
APN
055-161-310, 055-161-340
Address
3752-3770 Rolison Rd
Parties
MP Mosaic Garden Associates, L.P.
Reso Ref
15644
MO Ref
Amend NO 1 by 19-094
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12. Occupancv Reports: Annually, on June 30th of every year of the Affordability <br />Period, Owner shall provide to the City a report containing, at a minimum, the following <br />information: <br />i) Total number of Assisted Units that are occupied; <br />ii) Total number of Assisted Units that are vacant; <br />iii) A certified rent roll for Assisted Units containing the unit numbers, <br />the lease commencement and expiration dates, the numbers of bedrooms <br />and bathrooms within the rented Assisted Units and the rental rate for <br />each rented Assisted Unit; <br />iv) For each Assisted Unit, the unit size, household size, household <br />income, income limits for a qualifying lessee, maximum affordable rents <br />for a qualifying lessee, utility allowance, and total monthly rent; <br />v) Evidence that the income for each tenant of an Assisted Unit does <br />not exceed the maximum income for a qualifying lessee; <br />vi) The total number of units that are occupied by staff, if any; <br />vii) Such other information as may be reasonably required by City to <br />determine compliance with the terms of this Agreement. <br />IN WITNESS WHEREOF, Owner has executed this Declaration on the date first <br />written above. <br />"Owner" <br />MP Mosaic Garden Associates, L.P. <br />a California limited partnership <br />By: MP Atherton Court, LLC, <br />a California limited liability company, <br />Its general partner <br />By: Mid -Peninsula Seven Trees, Inc. <br />A California nonprofit public benefit <br />corporation <br />Its sole member and manager <br />%rVB <br />e: Jan Lindenthal <br />t : Assistant Secretary <br />[Signature to be notarized] <br />ATfY/AGR/2018.027.1/MIDPEN MOSAIC GARDENS (ATHERTON COURT) DECLARATION OF AFFORDABILITY COVENANTS <br />REV: 02-22-1815 <br />Page 5 of 7 <br />
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