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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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transportation to or from the Property of any Hazardous Materials in violation of applicable <br />law; (b) that asbestos or polychlorinated biphenyls (PCBs) are contained in or stored on <br />the Property; or, (c) that there are any underground storage tanks located in, on or under <br />the Property. <br />14.2. Compliance with Environmental Laws. Developer shall: (a) comply with <br />all environmental laws and environmental permits applicable to the construction of the <br />Property; (b) promptly pay or cause to be paid all costs and expenses incurred by reason of <br />such compliance; (c) keep the Property free and clear of any environmental claims or liens <br />imposed pursuant to any applicable environmental law; and, (d) obtain and renew all <br />environmental permits required for ownership or use of the Property. <br />14.3. Presence of Hazardous Materials. Developer shall not, and shall not <br />permit anyone else to, generate, use, treat, store, handle, release, or dispose of Hazardous <br />Materials on the Property, or transport or permit the transportation of Hazardous Materials <br />to or from the Property except for de minimis quantities used at the Property in compliance <br />with all applicable environmental laws and required in connection with the routine <br />construction, operation and/or maintenance of the Property. <br />14.4. Notice of Environmental Matters. Developer shall promptly advise City <br />in writing of any of the following: (a) any pending or threatened environmental claim <br />against Developer or the Property; (b) any condition or occurrence that: (i) results in <br />noncompliance with any applicable environmental law; (ii) could reasonably be anticipated <br />to cause the Property to be subject to any restrictions on the ownership, occupancy, use or <br />transferability of the Property under any environmental law; or, (iii) could reasonably be <br />anticipated to form the basis of an environmental claim against the Property or Developer. <br />14.5. Environmental Indemnification by the Developer. Developer agrees to <br />defend, indemnify and hold harmless the City and their respective officers, directors, <br />employees and agents (collectively the "Indemnitees") from and against any and all <br />obligations (including removal and remediation), losses, claims (including third party <br />claims), suits, judgments, liabilities, penalties, damages (including consequential and <br />punitive damages), costs and expenses (including reasonable fees of consultants and <br />attorneys) of whatever kind or nature whatsoever that may at any time be incurred by or <br />imposed on the Indemnitees directly or indirectly based on, or arising or resulting from the <br />actual or alleged presence of Hazardous Materials on the Property except to the extent <br />arising from the active negligence, willful misconduct and/or illegal actions of any <br />Indemnitee and the Existing Hazardous Materials (as such term is defined in the Ground <br />Lease). <br />Section 15. OTHER AFFIRMATIVE COVENANTS <br />While any obligation of Developer under the City/HOME-ARP Loan Note or <br />City/HOME-ARP Loan Deed of Trust remain outstanding, the following provisions shall <br />apply, except to the extent that the Executive Director otherwise consents in writing: <br />15.1. Existence. Developer's Managing General Partner shall maintain its <br />39 <br />WISEPLace Pennunent Supportive Housing <br />City HOME -ARP Loan Agivement <br />
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