60A - 4TH AND MAIN MIX USE DEVELOPMENT

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income verification form from the Social Security Administration and/or the California Department of Social Services if the applicant receives assistance from either of such agencies, or (5) if the applicant is unemployed and has no such tax return, obtain another form of independent verification. 4.10.1 Gross Household Income. Gross household income means all income from whatever source from all Adult Household members, which is anticipated to be received during the 12-month period following the date of the determination of Gross Household Income. The applicable sources of income are defined in California Code of Regulations Title 25 Housing and Community Development Section 6914. 4.10.2 Annual Recertification. Developer agrees to recertify household eligibility annually. Notification of Annual Tenant Recertification shall be sent to the household in substantially the form attached hereto as Exhibit C, n Annual Rental Housing Compliance Report ("Annual Compliance Report") shal t to the City in substantially the form attached hereto as Exhibit D. The Annual � eport shall be due to the City within 30 days of the anniversary of the con- e Total Affordability Term, which is the date that each building rec ' ,upancy permits from the City. 4.10.3 Continued Income Qua" 11' a' ed Affordable Units. If the annual recertification demonstrates thav,a us. ,igible tenant's gross household income exceeds the Median Incor- it Afio.. 'Unit, the pertinent actions from the following list must be taken: (a) The Develop , the unit to the previously, but no longer, Eligible Hr i. as � tricted Unit without any limitations on rental rates. J- -ase veloper must then make available for rent to an Eligib'�nsc_ '4 a_ .er unit within the Project that meets the size and locaN rei `s' for Affordable Units under this Density Bonus A he , are no vacant units meeting those requirements, then the next a anic within the Project which does meet those requirements must be rente to an Eligible Household. (b) If the no longer Eligible Household either moves to another Unrestricted Unit within the Project or leaves the Project altogether, then the vacated Affordable Unit or, at Developer's election any other Unrestricted Unit within the Project which meets the size and location requirements for Affordable Units under this Density Bonus Agreement and has the same number of bedrooms as the vacated unit shall be rented as an Affordable Unit to an Eligible Household. 4.11 Monitoring and Recordkeeping. Throughout the Term of this Agreement, Developer shall annually complete and submit to City a Certification of Continuing Program Compliance in the form provided by City. Owner agrees to pay a reasonable fee, as set by City resolution, for the purpose of paying the actual costs associated with the City's obligation to monitor Owner's compliance with the affordability restrictions contained in this Agreement related 11 60A-194