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Reso25 16296
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Reso25 16296
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4/29/2025 3:59:13 PM
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4/29/2025 3:56:21 PM
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CC Index
CC Index - Document Type
Resolution
Date
4/28/2025
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any unpaid liens or encumbrances on the Affordable Site which the City assumes or takes subject <br />to said encumbrances. <br /> <br /> (d) Nothing in this Section 6.9 shall prohibit the City from executing <br />subordination agreements as may be requested by the Affordable Developer in a manner provided <br />for in the Land Donation Agreement. <br /> <br />Section 6.10 Enforcement. Except as otherwise provided in this Agreement, if <br />Affordable Developer fails to satisfy any of the Affordable Developer’s obligations under the <br />terms of this Agreement within thirty (30) days after the delivery of a notice of default from the <br />City; provided that if such failure cannot reasonably be cured within such 30 days, Affordable <br />Developer and Affordable Developer’s limited partner shall have such additional time as may be <br />reasonably necessary if Affordable Developer (and/or its limited partner) commences to cure such <br />Event of Default within such 30 day period and thereafter diligently prosecutes such cure to <br />completion, the City shall have the right to enforce this Agreement by any or all of the following <br />actions, or any other remedy provided by law: <br /> <br />(a) The City may bring an action at law or in equity to compel performance of <br />its obligations under this Agreement, and/or for damages. <br /> <br />(b) Where one or more persons have received financial benefit as a result of <br />violation of this Agreement, the City may assess and institute legal action to recover as necessary, <br />a penalty in any amount up to an including the amount of financial benefit received in addition to <br />recovery of the benefit received. <br /> <br />(c) Requiring the Affordable Developer or its successor in interest to the <br />Affordable Site to pay the City any payments received by the Affordable Developer for the <br />Affordable Unit(s) from the date of any unauthorized use of the Affordable Unit in excess of the <br />Rent allowed pursuant to Section 2.2 above. <br /> <br />(d) The City may initiate appropriate legal action or procedures to withhold, <br />condition, revoke, deny or suspend any permit, license, subdivision approval or map, or other <br />entitlement for the Affordable Development, including without limitation final inspections for <br />occupancy and/or certificates of occupancy. <br /> <br />(e) The City may use any other means authorized under the City Code, Density <br />Bonus Law, or any other applicable law to enforce compliance. <br /> <br />(f) Action to Compel Performance or for Damages. The City may bring an <br />action at law or in equity to compel Affordable Developer's performance of its obligations under <br />this Agreement, and/or for damages. <br /> <br />(g) Remedies Under the Affordable Housing Ordinance. The City may initiate <br />appropriate legal actions or procedures to revoke, deny or suspend any permit or development <br />ATTY/RESO.0029/CC RESO APPROVING ARCHITECTUAL PERMIT, TENTATIVE PARCEL MAP (920 SHASTA) - EXHIBIT C <br />REV: 04-22-25 VR <br /> <br />Page 188 of 224
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