My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2021.02.08 Joint SA PFA
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2020-2029
>
2021
>
AgdaPkt 2021.02.08 Joint SA PFA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/11/2021 4:35:44 PM
Creation date
2/4/2021 4:26:17 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
2/8/2021
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.
/
612
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
6.B. - Page 13 of 113 <br />with the cost of such Lender ' s Title Policy to be paid by Developer. Developer agrees to <br />execute and deliver such certificates and agreements as Title Company may reasonably <br />require in connection with the issuance of the Lender's Title Policy, including without <br />limitation such assurance as Titic Company may require to issue a policy without exception as <br />to mechanics' liens. <br />(h) Insurance; Payment and Performance Bonds. Developer shall have <br />provided evidence satisfactory to City that Developer has obtained insurance coverage <br />meeting the requirements set forth in Article XI, and shall have provided to City copies of <br />payment bonds and performance bonds pursuant to Section 5.18. <br />(i) Financing Plan; Marketing Plan. City shall have approved the Financing <br />Plan and any updates to the Financing Plan, including without limitation, the construction <br />and operating budgets for the Project. City shall have approved the Marketing Plan. <br />(i) Evidence of Availability of Funds. Developer shall have submitted to the <br />City copies of all loan and grant documents for the financing sources identified in the <br />approved Financing Plan, together with evidence reasonably satisfactory to City that (i) <br />all conditions to the release and expenditure of the initial draw of funds from each source <br />described in the approved Financing Plan as a source of construction financing for the <br />Project have been met and that such funds will be available , and (ii) all construction <br />financing (including draws subsequent to the initial draw of funds) will be available upon <br />the satisfaction of the conditions set forth in the construction loan documents. Developer <br />shall have provided to City copies of all other documents related to development and <br />financing of the Project as City may reasonably request. If Developer determines to use <br />alternative sources of financing to replace financing identified in the approved Financing <br />Plan, Developer shall provide copies of all loan and grant documents for such financing to <br />City in accordance with Section 2.4 above. <br />(k) Permits and Approvals. Developer shall have obtained all entitlements, <br />permits, licenses and approvals required for the development of the Project, including <br />without limitation, building permits and use permits or shall provide evidence satisfactory <br />to City that receipt of such permits and approvals is subject only to such conditions as City <br />may reasonably approve. A "permit ready" letter indicating that building permits for the <br />Project shall be issued upon payment of applicable fees may serve as satisfactory evidence <br />regarding issuance of the building permit. <br />(1) Payment of Fees. Developer shall have paid when due all customary and <br />reasonable fees and charges in connection with the processing of all applicable City <br />permits and approvals. <br />(m) Construction Plans, Budget and Schedule. City shall have approved the <br />general contractor, the construction budget and schedule for the Project, the Construction <br />Plans and specifications for the Project, and the construction contract. Developer shall <br />have delivered an executed copy of the approved construction contract to City. <br />(n) Requisition. Developer shall have submitted to City a written requisition <br />OM [iIRd1►b1i■9:t <br />FT <br />ATTY/AGR.2020.305/Habitat for Humanity Greater San Francisco (Grant Agreement w/ Exhibits) (Page 9 of 109) <br />
The URL can be used to link to this page
Your browser does not support the video tag.