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insurance in form acceptable to City evidencing the required insurance coverage and duly executed <br />endorsements evidencing such additional insured status. The certificates shall contain a statement <br />of obligation on the part of the carrier to notify City of any material adverse change, cancellation, <br />termination or non -renewal of the coverage at least thirty (30) days in advance of the effective date <br />of any such material adverse change, cancellation, termination or non -renewal, except for ten (10) <br />days advance notice for cancellation due to nonpayment of premium. <br />(b) Upon commencement of construction and continuing until issuance of a <br />certificate of occupancy, Affordable Developer or its successors and assigns acquiring title to the <br />Affordable Site and all contractors working on behalf of Affordable Developer shall maintain a <br />policy of builder's all-risk insurance in an amount not less than the full insurable cost of the <br />Affordable Development on a replacement cost basis. <br />(c) Upon completion of Affordable Development construction, Affordable <br />Developer or its successors and assigns acquiring title to the Affordable Site and Affordable <br />Development shall maintain property insurance covering all risks of loss (other than flood or <br />earthquake). <br />Section 4.5 Section 8 Certificate Holders. The Affordable Developer will accept as <br />residents, on the same basis as all other prospective residents, persons who are recipients of federal <br />certificates or vouchers for rent subsidies pursuant to the existing housing program under Section <br />8 of the United States Housing Act, or its successor. The Affordable Developer shall not apply <br />selection criteria to Section 8 certificate or voucher holders that are more burdensome than criteria <br />applied to all other prospective residents, nor shall the Affordable Developer apply or permit the <br />application of management policies or lease provisions with respect to the Affordable <br />Development which have the effect of precluding occupancy of units by such prospective <br />Residents. <br />ARTICLE 5 <br />AFFORDABLE SITE MANAGEMENT AND MAINTENANCE <br />Section 5.1 Management Responsibilities. <br />(a) The Affordable Developer is responsible for all management functions with <br />respect to the Affordable Development, including without limitation the marketing of Affordable <br />Units, selection of residents, certification and recertification of household size and income, <br />evictions, collection of rents and deposits, maintenance, landscaping, routine and extraordinary <br />repairs, replacement of capital items, and security. The City shall have no responsibility over <br />management of the Affordable Development. The Affordable Developer shall retain a professional <br />property management company, approved by the City in its reasonable discretion, to perform its <br />management duties hereunder. A resident manager shall also be required. The Affordable <br />Developer shall submit to the City for approval an initial proposed "Below Market Rate (BMR) <br />Tenant Selection and Management Plan" (the "Management Plan") no later than six (6) months <br />after the commencement of construction of the Affordable Development, which Management Plan <br />shall include, but not be limited to, details on how Affordable Developer plans to market the <br />Affordable Units to prospective applicants in accordance with all fair housing law, including <br />efforts to affirmatively further fair housing as defined in Government Code 8899.50, and this <br />ATTY/AGR/2025.084/920 SHASTA AFFORDABLE HOUSING LAND DONATION AGREEMENT <br />REV: 10-16-25 VR <br />Exhibit G - 14 <br />