My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2019-09-09 Joint SA PFA
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2010-2019
>
2019
>
AgdaPkt 2019-09-09 Joint SA PFA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/1/2020 3:33:55 PM
Creation date
9/5/2019 5:14:26 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
9/9/2019
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
440
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
protection, maintenance, and preservation by the City and/or costs of such cure, including <br />a reasonable administrative charge, which amount shall be promptly paid by Owner to the <br />City upon demand. <br />206. Monitoring and Recordkeeping. Throughout the Affordability Period, as <br />defined below, Owner shall comply with all applicable recordkeeping and monitoring <br />requirements set forth in the Guidelines and shall annually complete and submit to City <br />by July 1st a Certification of Continuing Program Compliance in a form approved by the <br />City. Representatives of the City shall be entitled to enter the Property, upon at least <br />twenty-four (24) hour notice, to monitor compliance with this Agreement, to inspect the <br />records of the Project with respect to the BMR Units, and to conduct, or cause to be <br />conducted, an independent audit or inspection of such records. The Owner agrees to <br />cooperate with the City in making the Property available for such inspection or audit. If <br />for any reason the City is unable to obtain the Owner's consent to such an inspection or <br />audit, the Owner understands and agrees that the City may obtain at Owner's expense an <br />administrative inspection warrant or other appropriate legal order to obtain access to and <br />search the Property. Owner agrees to maintain records in businesslike manner, and to <br />maintain such records for the Affordability Period. <br />207. Non -Discrimination Covenants. Owner covenants by and for itself, its <br />successors and assigns, and all persons claiming under or through them that there shall be <br />no discrimination against or segregation of any person or group of persons on account of <br />race, color, religion, sex, marital status, familial status, disability, national origin, or <br />ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the <br />Property, nor shall Owner itself or any person claiming under or through it, establish or <br />permit any such practice or practices of discrimination or segregation with reference to <br />the selection, location, number, use or occupancy of tenants, lessees, subtenants, <br />sublessees, or vendees in the Property. <br />208. Agreement to Limitation on Rents. The Owner hereby covenants that <br />the City's grant of the Public Benefit Bonus and agreement to enter into a Development <br />Agreement for the Project are forms of assistance specified in Chapter 4.3 (commencing <br />with Section 65915) of Division 1 of Title 7 of the Government Code. The Owner further <br />covenants that it has agreed to limit Monthly Rent in the BMR Units in consideration for <br />the City's grant of the Public Benefit Bonus and agreement to enter into a Development <br />Agreement for the Project under Civil Code Sections 1954.52(b) and 1954.53(a)(2). The <br />Owner hereby agrees that any BMR Units provided pursuant to this Agreement are not <br />subject to Civil Code Section 1954.52(a) or any other provision of the Costa -Hawkins <br />Act inconsistent with controls on rents and further agrees that any limitations on Monthly <br />Rent imposed on the BMR Units are in conformance with the Costa -Hawkins Act. <br />209. Term of Agreement. The Property shall be subject to the requirements of <br />this Agreement from the date of recordation of this Agreement until the fifty-fifth (55'h) <br />anniversary of the date of the City's signoff of the final building permit permitting <br />occupancy of all planned residential space in the Project. The duration of this requirement <br />shall be known as the "Affordability Period." <br />APOOCS/13476288.3 <br />16771052006712.5 <br />1/1017 PAGE 323 <br />
The URL can be used to link to this page
Your browser does not support the video tag.