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NORTH BROADWAY HOUSING PARTNERS LP
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Last modified
4/18/2023 11:56:06 AM
Creation date
4/18/2023 11:49:28 AM
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Contracts
Company Name
NORTH BROADWAY HOUSING PARTNERS LP
Contract #
A-2023-027
Agency
Community Development
Council Approval Date
3/7/2023
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services provided to tenants, provided that these services are not mandatory <br />7.5. Operation and Maintenance of the Property. Solely at Developer's <br />expense, Developer agrees to maintain the Property in a clean and orderly condition and in <br />good condition and repair and keep the Property free from any accumulation of debris and <br />waste materials. If at any time Developer fails to maintain, or cause to be maintained, the <br />Property as required by this section, and said condition is not corrected after the expiration <br />of a reasonable period of time not to exceed thirty (30) days from the date of written notice <br />from the City, unless such condition cannot reasonably be cured within thirty (30) days, in <br />which case Developer shall have such additional time as reasonably necessary to complete <br />such cure, the City may perform the necessary maintenance and Developer shall pay all <br />reasonable costs incurred for such maintenance. The City shall inspect the Property <br />annually after the date of issuance of the Certificate of Completion as described in Article <br />17 of this Agreement. During the Affordability Period, the Property must meet all <br />applicable Federal, State and local laws. The Property must be free of all health and safety <br />defects during the Affordability Period. <br />(a) O erp ation. During the Term of Agreement, Developer shall at all <br />times operate the Project as an affordable housing rental facility in compliance with this <br />Agreement and the Affordability Restrictions on Transfer of Property. <br />(b) Maintenance. During the Term of Agreement, Developer agrees to <br />maintain all interior and exterior improvements, including landscaping (and all abutting <br />ground, sidewalks, roads, parking and landscape areas) on the Project in good condition, <br />repair and sanitary condition (and, as to landscaping, in a healthy condition) and in <br />accordance with any Management Plan approved by the City under this Agreement (such <br />approval not to be unreasonably withheld or delayed) (including without limitation any <br />landscape and signage plans), as the same may be amended from time to time, and all other <br />applicable laws, rules, ordinances, orders, and regulations of all federal, state, county, <br />municipal, and other governmental agencies and bodies having jurisdiction and all their <br />respective departments, bureaus, and officials. Developer acknowledges the great <br />emphasis the City places on quality maintenance to protect its investment and to provide <br />quality affordable housing for its constituents and to ensure that all City -subsidized <br />affordable housing projects within the City are not allowed to deteriorate due to deficient <br />maintenance. In addition, Developer shall keep the Project free from all graffiti and any <br />accumulation of debris or waste material. Developer shall promptly make all repairs and <br />replacements necessary to keep the Project in good condition and repair and shall promptly <br />eliminate all graffiti and replace dead and diseased plants and landscaping with comparable <br />approved materials. Developer shall not commit or permit any waste or deterioration of <br />the Project, shall not abandon any portion of the Project, and shall not otherwise act, or fail <br />to act, in such a way as to unreasonably increase the risk of damage to the Project. <br />In the event that Developer breaches any of the covenants contained in this Section <br />7.5 and such default continues for a period of five (5) days after written notice from the <br />City (with respect to graffiti, debris, waste material, and general maintenance) or thirty (30) <br />days after written notice from the City (with respect to landscaping and building <br />improvements), then City, in addition to whatever other remedies it may have under this <br />19 <br />WISEPIace Permanent Supportive Housing <br />City HOME -ARP Loan Agreement <br />
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