RecDoc2023-000975 Harbor View Property LLC.

Browse Search

Section 4.6 Resident Services. Owner shall promote and connect residents to Owner's social and community services. In the event of any assignment of this Agreement from St. Francis, the assignee shall agree to promote similar services as provided by St. Francis. ARTICLE 5. PROPERTY MANAGEMENT AND MAINTENANCE Section 5.1 Management Responsibilities. Owner is responsible for all management functions with respect to the Project, including without limitation the selection of residents, certification and recertification of household size and income, evictions, collection of rents and deposits, maintenance, landscaping, routine and extraordinary repairs, replacement of capital items, and security. The City shall have no responsibility over management of the Project. Owner shall retain a professional property management company, approved by the City in its reasonable discretion, to perform its management duties hereunder. A resident manager shall also be required. [INSERT FOR 36, 44 AND 70 RENATO COURT — "The resident manager shall reside on-site at the Property." OR INSERT FOR 86 RENATO COURT - "The resident manager shall reside in close proximity at the property located at 36, 44 and 70 Renato Court."] City hereby approves St. Francis as the initial manager for the Project. Not later than thirty (30) days following the Effective Date, Owner shall submit for City review and approval, a plan for managing the Property ("Management Plan"), which Management Plan shall include, but not be limited to, details on how Owner plans to market the Units to prospective applicants in accordance with fair housing law and this Agreement, Owner's tenant selection criteria and how Owner plans to certify the eligibility of applicants. The Management Plan shall also describe the management team and shall address how Owner and the Management Agent plan to manage and maintain the Property and the Project. The Management Plan shall include the proposed management agreement if St. Francis is not the Owner, and the form of rental agreement that the Owner proposes to enter into with Residents. The City shall approve or disapprove (with written explanation for disapproval) of the proposed Management Plan by notifying the Owner in writing within thirty (30) days of the date of submission to the City. Owner shall abide by the approved Management Plan in marketing, managing, and maintaining the Property and the Project throughout the term of this Agreement and shall submit proposed modifications to the City for review and approval. Section 5.2 Management Agent; Periodic Reports. The Project shall at all times be managed by an experienced management agent reasonably acceptable to the City, with demonstrated ability to operate residential facilities like the Project in a manner that will provide decent, safe, and sanitary housing (as approved, the "Management Agent"). City hereby approves St. Francis as the initial Management Agent for the Project. At any time that St. Francis is note the Owner of the Project, the Owner shall submit for the City's approval the identity of any proposed Management Agent and resident manager. The Owner shall also submit such additional information about the background, experience and financial condition of any proposed Management Agent and resident manager other than St. Francis as is reasonably necessary for the City to determine whether the proposed Management Agent or resident manager meets the standard for a qualified Management Agent or resident manager set forth above. If the proposed Management Agent or resident manager meets the standard for a qualified Management Agent or resident manager set forth above, the City shall approve the proposed Management Agent or resident manager by notifying the Owner in writing. Unless the proposed ATW/AGR/2022.389/HARBOR VIEW Exhibit F-11 PROJECT DEVELOPMENT AGREEMENT REV: 10-28-2022 VR