RecDoc 2010-110432 - Laserfiche WebLink

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ARTICLE 3. REPORTING REQUIREMENTS FOR AFFORDABLE UNITS 3.01 Reporting Requirements. Declarant shall submit an annual report and income certification to the City on a form provided by City's Housing Coordinator, certifying compliance with the provisions of this Declaration and shall include at a minimum, the following: (a) The number of Affordable Bedrooms occupied; (b) The number of Affordable Bedrooms vacant; (c) The name of each Affordable Bedroom tenant; (d) The initial occupancy date of each tenant; (e) The rent paid per month by each tenant; and (f) The tenant's annual gross income. The annual report and income recertifications shall also contain those documents used to verify that tenants meet the income requirements. City, from time to time during the term of this Declaration, may request additional or different information, if such information is required in order for the City to comply with its reporting requirements, and Declarant shall promptly supply such additional or different information in the reports required hereunder. Declarant shall maintain all necessary books and records, including property, personal and financial records, in accordance with requirements prescribed by the City with respect to all matters covered by the Funding Agreement and this Declaration. Declarant, at such time and in such forms as City may require, shall furnish to City statements, records, reports, data and information pertaining to matters covered by this Declaration. Upon reasonable advance request for examination by City or HUD, Declarant, during normal business hours, shall make available all of its records with respect to all matters covered by this Declaration. Declarant shall permit City to audit, examine and make excerpts or transcripts from these records. The first annual report and annual income certification shall be submitted to the City on the first July 15 following recordation of this Declaration. Each subsequent annual report and annual income certification or recertification shall also be submitted to the City on July 15 3.02 City Approval of Lease Forms. City shall have the right to review and approve Declarant's form of lease for the Affordable Bedrooms, including disclosures of the affordability restrictions on the Affordable Bedrooms, prior to Declarant's use of such lease form. ARTICLE 4. PROVISION OF SERVICES AND MAINTENANCE OF PROPERTY 4.01 Maintenance. During the term of this Declaration, Declarant shall maintain, or cause to be maintained, the Property, including all improvements thereon, in a neat and orderly condition consistent with best management practices and in accordance with all applicable federal, state and local laws. Declarant shall not permit any public or private nuisance to be maintained on the Property. Declarant shall ensure that the Property is maintained in accordance with the following: (a) Interior and exterior paint shall be maintained in a neat and attractive condition; (b) All fixtures and appurtenances shall be maintained in good working order, including, but not limited to, the following: windows and doors, landscaping, kitchen appliances, electrical, plumbing and heating equipment; (c) Exterior areas shall be maintained to keep grounds free of litter, trash and paper. Parking areas shall be maintained in good repair and free from dirt and litter. Common areas such as hallways and laundry rooms will be swept and cleaned as frequently as necessary and kept free of trash and other debris. Garbage removal will be effected through arrangements with a contractor. The trash Exhibit D 4