RecDoc 2022-044661 CONF TRS Elco Yards, Inc.

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(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 Requirements. (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. ARTICLE 6. MISCELLANEOUS 6.1 Term. The provisions of this Agreement shall apply to the Project for the entire Term. This Agreement shall bind any successor, heir, or assign of the Owner, whether a change in interest occurs voluntarily or involuntarily, by operation of law or otherwise, except as expressly released by the City. 6.2 Indemnification. REV: 04-07-2022 SK ATTY/AGR.2022.066/IQHQ TRS Elco Yards, Inc. (Page 11 of 19)