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MCL HOLDINGS, INC./MERITAGE HOMES
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MCL HOLDINGS, INC./MERITAGE HOMES
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Last modified
7/3/2025 11:25:29 AM
Creation date
6/10/2025 9:41:03 AM
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Contracts
Company Name
MCL HOLDINGS, INC./MERITAGE HOMES
Contract #
A-2025-050
Agency
Community Development
Council Approval Date
4/15/2025
Expiration Date
4/15/2080
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Security Income (SSI),welfare, disability,or pension payments; and(iv)alimony or child support. <br /> To verify income, Developer shall comply with the procedures set forth in Section A-3 of the <br /> Administrative Procedures Manual. Subject to the foregoing preferences,Developer shall consider <br /> Gross Household Income from all adult Household members, which is anticipated to be received <br /> during the 12-month period following the date of the determination of Gross Household Income. <br /> Within fifteen(15) days of delivery of an executed contract for purchase of an Affordable Unit by <br /> a prospective Homebuyer, Developer shall provide City with the Income Verification Form set <br /> forth in Exhibit F and the Certification of Continuing Occupancy set forth in Exhibit G. <br /> 4.9 Occupancy Requirements, The Owner shall occupy and continually use the <br /> Affordable Unit as the Homebuyer's Primary Residence during the Total Affordability Term. On <br /> an annual basis, the Program Manager will send the Homebuyer an Occupancy Recertification <br /> Form to be filled out and returned to the City within thirty (30) days of receipt. The Owner shall <br /> affirm that they are occupying the Affordable Unit as their Primary Residence. The Owner will be <br /> required to submit copies of two current utility bills, or other evidence of occupancy that is <br /> acceptable to the City, as part of the annual recertification process. <br /> 4.10 Emergency Evacuation Flan. Developer shall submit and obtain approval of an <br /> Emergency Evacuation Plan (the EEP) from City Police and Fire Protection agencies prior to <br /> issuance of a Certificate of Occupancy. Up-to-date 24-hour emergency contact information for <br /> the on-site personnel shall be provided to the City on an ongoing basis and the approved EEP shall <br /> be kept onsite and also be submitted to the following City Agencies: <br /> (a) Police Department <br /> (b) Fire Department <br /> (c) Planning and Building Agency <br /> (d) Community Development Agency <br /> 4.11 INTENTIONALLY DELETED <br /> 4.12 INTENTIONALLY DELETED <br /> 4.13 Marketing and Resident Selection Plan, <br /> 4.13.1 Prior to Certificate of Occupancy,Developer shall prepare and obtain City's <br /> approval of a marketing program and resident selection plan for the sale of the Affordable Units <br /> at the Project ("Marketing Program"). The sale of the Affordable Units shall thereafter be <br /> marketed in accordance with the Marketing Program as the same may be amended from time to <br /> time with City's prior written approval. Upon request, Developer shall provide City with periodic <br /> reports with respect to the sale of the Affordable Units. <br /> 4.13.2 The Marketing Program shall include, but is not limited to, marketing and <br /> community outreach activities, proposed homebuyer selection criteria, occupancy standards, <br /> income requirements, timeline and details for outreach and marketing, data collection, record <br /> keeping and monitoring, procedures for complaints, and compliance assessment. Components of <br /> Page 15 <br /> 55394.00101.\43423340.1 <br />
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