Laserfiche WebLink
ATTY/RESO.0020/CC RESO APPROVING AMENDMENTS TO HPP GUIDELINES – EXHIBIT B <br />REV: 05-04-26 LF <br />Page 2 of 86 <br />100. DEFINITIONS ................................................................................................................... 7 <br />101. Terms. .................................................................................................................... 7 <br />200. LOAN AGREEMENT ..................................................................................................... 13 <br />201. Loan ..................................................................................................................... 13 <br />202. Repayment of Loan. ............................................................................................. 13 <br />202.1 Maturity Date. ........................................................................................ 13 <br />202.2 Interest Rate ........................................................................................... 13 <br />202.3 Repayment Terms .................................................................................. 13 <br />203. Use of Funds ........................................................................................................ 13 <br />204. Disbursement of Loan Funds. .............................................................................. 13 <br />204.1 Conditions Precedent to Initial Disbursement ....................................... 13 <br />204.2 Conditions Precedent to Subsequent Disbursements ............................ 15 <br />205. Repayment of Loan .............................................................................................. 15 <br />206. Subordination of Loan ......................................................................................... 15 <br />207. City Not Liable .................................................................................................... 16 <br />300. REPRESENTATIONS AND WARRANTIES................................................................ 16 <br />301. City Representations ............................................................................................ 16 <br />301.1 Authority ................................................................................................ 16 <br />301.2 No Conflict ............................................................................................ 16 <br />301.3 No Bankruptcy ....................................................................................... 16 <br />301.4 No Condemnation .................................................................................. 16 <br />302. Borrower’s Representations ................................................................................. 16 <br />302.1 Organization .......................................................................................... 16 <br />302.2 Authority to Borrow .............................................................................. 16 <br />302.3 Authority of Persons Executing Documents ......................................... 16 <br />302.4 No Conflict ............................................................................................ 17 <br />302.5 Compliance with Laws; Consent and Approvals .................................. 17 <br />302.6 Valid Binding Agreement. ..................................................................... 17 <br />302.7 Pending Proceedings ............................................................................. 17 <br />302.8 Financial Statements .............................................................................. 17 <br />302.9 No Material Adverse Event ................................................................... 17 <br />302.10 Accuracy ................................................................................................ 17 <br />302.11 Disclosure of Information ...................................................................... 18 <br />302.12 No Condemnation .................................................................................. 18 <br />302.13 Eligible Costs ......................................................................................... 18 <br />302.14 FIRPTA. ................................................................................................ 18 <br />400. COVENANTS OF BORROWER.................................................................................... 18 <br />401. Borrower’s Financing .......................................................................................... 18 <br />402. Rehabilitation Work ............................................................................................. 18 <br />403. Permits, Licenses and Approvals ......................................................................... 18