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RecDoc 2019-026567 Affordable Hosing and restrictive covenants Bradford Senior Housing
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RecDoc 2019-026567 Affordable Hosing and restrictive covenants Bradford Senior Housing
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5/14/2019 12:32:54 PM
Creation date
5/14/2019 12:27:05 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Affordadable Housing Regulatory Agmt and Covenants
Doc Num
2019-026567
Rec Date
4/12/2019
APN
052-372-170, 200 and part of 240
Address
Bradford Senior Housing
Parties
MP Bradford Associates, L.P.
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(x) A requirement that a written rental agreement (subject to City approval) be <br />executed with each eligible household selected to occupy a unit; <br />(xi) A detailed listing of reasonable rules of conduct and occupancy which shall <br />be in writing, shall be consistent with federal and state law, and shall be provided to each <br />tenant upon occupancy; <br />(xii) A requirement that there be no storage on balconies and patios, that tenants <br />must keep all balconies, patios and other exterior areas neat, clean and clutter free, <br />including no clotheslines or laundry, and that no items may be affixed to the exterior walls <br />or other exterior components of balconies or patios; <br />(xiii) Procedures for Owner's implementation and enforcement of a requirement <br />that window coverings visible from the exterior of the building(s) shall be Owner -supplied <br />and maintained, and uniform in appearance; <br />(xiv) A parking management plan which details, among other things, how <br />parking spaces will be assigned, how guest parking will be handled and how parking will <br />be managed to encourage tenants to use their assigned parking spaces; <br />(xv) Procedures for maintenance and management of the Project; <br />(xvi) Procedures for dealing with tenant or neighborhood issues or concerns; <br />(xvii) Procedures for maintaining a reserve account, budgeting for maintenance <br />and repair needs as well as long-term rehabilitation needs and handling net cash flow; and <br />(xviii) Such other requirements and criteria/procedures as City may determine <br />appropriate. <br />6.6 Approval of Amendments. If City has not responded to any submission of the <br />Management and Marketing Plan, the proposed management entity, or a proposed amendment or <br />change to any of the foregoing within sixty (60) days following City's receipt of such plan, proposal <br />or amendment, the plan, proposal or amendment shall be deemed approved by City. <br />6.7 Fees, Taxes, and Other Levies. Owner shall be responsible for payment of all fees, <br />assessments, taxes, charges, liens and levies applicable to the Property or the Project, including <br />without limitation possessory interest taxes, if applicable, imposed by any public entity, and shall <br />pay such charges prior to delinquency. However, Owner shall not be required to pay any such <br />charge so long as (a) Owner is contesting such charge in good faith and by appropriate <br />proceedings, (b) Owner maintains reserves adequate to pay any contested liabilities, and (c) on <br />final determination of the proceeding or contest, Owner immediately pays or discharges any <br />decision or judgment rendered against it, together with all costs, charges and interest. The <br />foregoing is not intended to impair Owner's ability to apply for any applicable exemption from <br />property taxes or other assessments and fees. <br />Page 13 of 25 <br />ATTY/AGR/2019.065/MP BRADFORD ASSOCIATES—AFFORDABLE HOUSING REGULATORY AGREEMENT <br />REV: 03-22-19 PR <br />
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