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RecDoc 2024-043618 Affordable Housing Restrictive Agreement
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RecDoc 2024-043618 Affordable Housing Restrictive Agreement
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9/13/2024 1:27:20 PM
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9/13/2024 1:26:36 PM
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Recorded Docs
Recorded Docs - Type
Easement
Doc Num
2024-043618
Rec Date
8/20/2024
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(11) A detailed listing of reasonable rules of conduct and occupancy <br />which shall be in writing, shall be consistent with federal and state law, and shall be provided <br />to each Resident upon occupancy; <br />(12) A parking management plan which details, among other things, <br />how parking spaces will be assigned, how guest parking will be handled and how parking will <br />be managed to encourage Residents to use their assigned parking spaces; <br />(13) Procedures for maintenance and management of the Affordable <br />Project; <br />(14) Procedures for dealing with Resident and neighborhood issues or <br />concerns; and <br />(15) Such other requirements and criteria/procedures as the City may <br />determine appropriate. <br />(c) Safety Conditions. The Owner acknowledges that the City places a prime <br />importance on the security of City assisted projects and the safety of the residents and <br />surrounding community. The City shall have the right to enter on the Affordable Project if it <br />becomes aware of or is notified of any conditions that pose a danger to the peace, health, welfare <br />or safety of the Residents and/or the surrounding community, and to perform or cause to be <br />performed such acts as are necessary to correct the condition. The Owner agrees to implement <br />and maintain throughout the Term the following security measures in the Affordable Project: <br />(1) to the extent feasible employ crime prevention measures in the <br />operation of the Affordable Project including but not limited to maintaining adequate lighting <br />in parking areas and pathways; and <br />(2) provide added security including dead -bolt locks for every entry <br />door, and where entry doors are damaged, replace them with solid -core doors. <br />Section 5.2 Management Agent; Periodic Re arts. <br />(a) The Affordable Units shall at all times be managed by an experienced <br />management agent, with demonstrated ability to operate residential facilities like the Affordable <br />Project in a first class, decent, safe, and sanitary manner. The Owner shall for the entire Term of <br />this Agreement ensure that the management agent of the Affordable Project has demonstrated <br />experience and ability in operating and managing similar mixed -income housing projects in the <br />State of California and not less than two (2) years' experience with resident income certification <br />procedures outlined in Article 3 or similar experience ("Management Agent"). Notwithstanding <br />anything to the contrary herein, if the management agent does not meet the qualifications <br />specified above or the City and Owner agree that the management of the Affordable Units must <br />be transferred to another entity pursuant to Section 5.4(a) below, then the Owner shall contract <br />with a new management agent or subcontract with a management agent that: (a) is a California <br />entity whose primary business purpose is the construction, operation and management of <br />affordable multifamily housing, or an affiliate thereof; (b) has not less than two (2) years' <br />experience in owning, operating and managing affordable housing projects in the eleven county <br />REV: 07-12-24 VR <br />1199\10\3491196.8 <br />
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