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replacement of capital items, and security. City shall have no responsibility for management or
<br />maintenance of the Property or the Project.
<br />6.2 Management Entity. City shall have the right to review and approve the
<br />qualifications of the management entity proposed by Owner for the Project. The contracting of
<br />management services to a management entity shall not relieve Owner of its primary responsibility
<br />for proper performance of management duties. City hereby approves MidPen Property
<br />Management Corporation, as the initial management entity for the Project. Any subsequent
<br />management entity shall be subject to City review and approval, which shall not be unreasonably
<br />withheld or delayed.
<br />6.3 Repair. Maintenance and Security. Throughout the term of this Agreement, Owner
<br />shall at its own expense, maintain the Property and the Project in good physical condition, in good
<br />repair, and in decent, safe, sanitary, habitable and tenantable living conditions in conformity with all
<br />applicable state, federal, and local laws, ordinances, codes, and regulations. Without limiting the
<br />foregoing, Owner agrees to maintain the Project and the Property (including without limitation,
<br />the residential units, common areas, landscaping, driveways, parking areas and walkways) in a
<br />condition free of all waste, nuisance, debris, unmaintained landscaping, graffiti, disrepair,
<br />abandoned vehicles/appliances, and illegal activity, and shall take all reasonable steps to prevent
<br />the same from occurring on the Property or at the Project. Owner shall prevent and/or rectify any
<br />physical deterioration of the Property and the Project and shall make all repairs, renewals and
<br />replacements necessary to keep the Property and the improvements located thereon in good
<br />condition and repair. Owner shall provide adequate security measures for the Project, including
<br />without limitation, the installation of adequate lighting and deadbolt locks.
<br />6.3.1 Additional Requirements. All construction work and professional services
<br />for the Project shall be performed by persons or entities licensed or otherwise authorized to
<br />perform the applicable work or service in the State of California and shall have a current City of
<br />Redwood City business license if required under local law. To the extent allowed by state and
<br />federal laws, Owner shall limit the installation of satellite dish, antenna and other such equipment
<br />screened locations on the Property as approved by the City. Owner shall diligently work to resolve
<br />complaints related to noise, parking, litter or other neighborhood concerns.
<br />6.4 City's Right to Perform Maintenance. In the event that Owner breaches any of the
<br />covenants contained in Section 6.3, and such default continues for a period of ten (10) days after
<br />written notice from City (with respect to graffiti, debris, and waste material) or thirty (30) days
<br />after written notice from City (with respect to landscaping, building improvements and general
<br />maintenance), then City, in addition to any other remedy it may have under this Agreement or at
<br />law or in equity, shall have the right, but not the obligation, to enter upon the Property and perform
<br />all acts and work necessary to protect, maintain, and preserve the improvements and the landscaped
<br />areas on the Property. All costs expended by City in connection with the foregoing, shall constitute
<br />an indebtedness of Owner, and shall be paid by Owner to City upon demand. All such sums
<br />remaining unpaid thirty (30) days following delivery of City's invoice therefor shall bear interest
<br />at the lesser of 10% per annum or the highest rate permitted by applicable law.
<br />6.5 Marketing and Management Plan. Not later than six (6) months following
<br />commencement of construction of the Project, Owner shall submit for City review and approval,
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<br />ATfY/AGR/2019.065/MP BRADFORD ASSOCIATES —AFFORDABLE HOUSING REGULATORY AGREEMENT
<br />REV: 03-22-19 PR
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