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RecDoc 2011-013687
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RecDoc 2011-013687
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Last modified
5/23/2011 2:40:17 PM
Creation date
5/23/2011 12:57:44 PM
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Template:
Recorded Docs
Subject
Affordable Housing Covenant -Including Option
Doc Num
2011-013687
Rec Date
2/2/2011
APN
055-031-240
Address
3272 Rolison RD.
Parties
City of RWC and San Mateo County Service League
Reso Ref
15063
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Provided there are no pertinent federal statutes applicable to the Housing <br /> Project, "adjusted by family size appropriate to the unit" shall mean for a household <br /> of two persons in the case of a one- bedroom unit, three persons in the case of a two - <br /> bedroom unit, four persons in the case of a three - bedroom unit, and five persons in the <br /> case of a four - bedroom unit. <br /> ARTICLE 2. R EPORTING REQUIREMENTS FOR HOUSING PROJECT <br /> 2.01. Reportinq Requirements. An annual report and annual income <br /> recertifications must be submitted to the City. The reports, at a minimum, shall include: <br /> (a) The number of persons per unit; <br /> (b) Tenant name <br /> (c) Initial occupancy date; <br /> (d) Rent paid per month; <br /> (e) Gross income per year. <br /> Such information shall be reported to the City pursuant to Health and Safety <br /> Code Section 33418, in substantially the form attached hereto as Exhibit B or in a <br /> substantially equivalent format acceptable to the Agency. <br /> Annual income recertifications shall also contain those documents used to certify <br /> eligibility. City may, from time to time during the term of this Covenant, request <br /> additional or different information, if such information is required in order for the City to <br /> comply with its reporting requirements, and the Owner shall promptly supply such <br /> additional or different information in the reports required hereunder. The Owner shall <br /> maintain all necessary books and records, including property, personal and financial <br /> records, in accordance with requirements prescribed by the City with respect to all <br /> matters covered by this Covenant. The Owner, at such time and in such forms as City <br /> may require, shall fumish to City statements, records, reports, data and information <br /> pertaining to matters covered by this Agreement. Upon reasonable advance request for <br /> examination by the City or the Department of Housing & Urban Development (HUD), at <br /> any time during normal business hours, the Owner shall make available all of its records <br /> with respect to all matters covered by this Covenant. <br /> ARTICLE 3. P ROVISION OF SERVICES AND MAINTENANCE OF PROPERTY <br /> 3.01. Maintenance. During the term of this Covenant, the Owner and all <br /> successors in interest shall maintain, or cause to be maintained, the Site in a manner <br /> consistent with the provisions set forth therefore in the Redwood City Municipal Code, <br /> and shall keep the entire Site reasonably free from any accumulation of debris or waste <br /> materials prior to and after construction. To accomplish the maintenance, the Owner <br /> shall either staff or contract with and hire licensed and qualified personnel to perform <br /> Page 3 <br /> 82483.00000\ 5570532.4 <br /> ATTY /AGR/2010.120 EXHIBIT C <br /> 103010 <br />
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