RecDoc 2022-044651 IQHQ Elco Yards, L.P.

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(iv) A requirement that ineligible applicants be notified of the reason for their ineligibility; (v) Specific procedures through which applicants deemed to be ineligible may appeal this determination; (vi) A requirement that eligible applicants be notified of eligibility and be provided an estimate regarding when an Affordable Unit may be available; (vii) Maintaining a waiting list of eligible applicants for the Affordable Units; (viii) Specific procedures for obtaining documentation regarding prospective Residents' incomes, as necessary, to certify that such income does not exceed income limits; (ix) Specific procedures for certification and recertification of household incomes and procedures for handling over -income Residents; (x) A requirement that a written rental agreement be executed with each eligible household selected to occupy an Affordable Unit; and (xi) Such other requirements and criteria/procedures as the City may determine appropriate. 5.3 Maintenance Re uirements . (a) The Owner agrees, for the entire Term of this Agreement, to maintain the property in good repair and working order, reasonable wear and tear excepted, and in a safe and sanitary condition, and from time to time shall make all necessary repairs, renewals and replacements to keep the Property in a good, clean, safe and sanitary condition in accordance with all applicable laws, rules, ordinances, orders and regulations of all federal, state, county, municipal, and other governmental agencies and bodies having or claiming jurisdiction. (b) In the event that the Owner breaches any of the covenants contained in this Section, and such default continues for a period of seven (7) days after written notice from the City with respect to graffiti, debris, waste material, and general maintenance or thirty (30) days after written notice from the City with respect to landscaping and building improvements, then the City, in addition to whatever other remedy it may have at law or in equity, shall have the right to enter upon the Project and perform or cause to be performed all such acts and work necessary to cure the default. Pursuant to such right of entry, the City shall be permitted (but is not required) to enter upon the Project and perform all acts and work necessary to protect, maintain, and preserve the Improvements and landscaped areas on the Project, and to attach a lien on the Project, or to assess the Project, in the amount of the expenditures arising from such acts and work of protection, maintenance, and preservation by the City and/or costs of such cure, including a ten percent (10%) administrative charge, which amount shall be promptly paid by the Owner to the City upon demand. REV: 04-07-2022 SK ATfY/AGR.2022.067/IQHQ Elco Yards, LP and Kopf & Kopf LLC (Page 10 of 19)