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1 ?, Developer shall carry out tl?e catrstruction through cornpletiot? of the
<br />Project and the overall develaprnent of the bite in canfar??nit? ??it?? a? applic?bla ?c?e???l, state
<br />acrd local lobar lames acrd reulatiox?s, itrcl?rdin, ??ritho??t lirrritation, if applicable, tl?e
<br />re?uiren?ents to pay pre?ailit?g wages under federal l?v ?tlre Davis Bacorr Act, 4a U??C.
<br />Section X141, ?? s?c??, and the regulatiat?s prar?rulgated tl?ere??nder set forth at ?9 CPR Part 1
<br />{collectively, "Davis Bacon"}} atad Califarrria la?v Labor Code Sectiarr 17??, e? ??????
<br />Notv??ithstarrding the fa??egoing, a? the Agency hereby ackna??rledges and ar"ees t??at rlatll?n ???
<br />this Ar"eetr?ent ?al? a?r? of ?l?e dacr?n?e?t etltered i??ta h tyre ?er?c?T and the ?evelaper in
<br />c?t???ection with the transactiotrs corrterrrplated by this Agreernent? ?? itrtended to in?pose orr the
<br />Developer, carrtractually ar? other??ise, the obligati?rr to pay prevailing v??ages under federal, state
<br />or local la?v, acrd ?b}the Agency hereby represents at?d ??rarrants to the Developer, its srrccessars
<br />at?d assig?rs, that all firnds rlsed by the Agency in corrnectian with this Agreetrrent acrd the
<br />tratractians cot?tetp?ated hereby, includ?t?g, ?vitlraut limitatio??, futrds used a??d to lie ??sed by the
<br />Agency to acyr?i?'e each and every cotr?ponetrt of the bite, f??rrds used acrd to be used to pay far
<br />relocation at?d derrrolition of exist???g ?t?rptoverrrerrts on the Srte, futrds used acrd to be used to
<br />fir??d the Agency Loans and f??nds used and to be used to fir??d ?arnebuyer Asita?rce Loans,
<br />solely constitute moneys 'rater a Lo?v and Moderate rtrcarne Housi?rg ?'??nd established pursuant
<br />to section 333?4.? of the ?lifa?"r?ia Health acrd afet?f fade, all ?v?t?ir? tl?e meaning of
<br />section 1'?20?c???} of the California Lobar Code, The Aetrcy understa??ds acrd agrees that fire
<br />Developer will materially ??ely orr the foregoing ??arra?rties in its deterrninatian as to tvhetlrer
<br />prevailing images are r?etluired pursuant to California la?v a?" Davis-Bacon, The parties
<br />acknowledge that a finatrcin structure utilizing certain federal atrdlor state frr?rding sources anal
<br />financing scena??ias trot otlrer?vise identified herein gray t??igger carrrpliat?ce ??ritlr applicable state
<br />and federal prevailirr wage laws acrd reg?rlations? Tire applicab?lfty of federal, state and local
<br />prevailing ??rge lames will be deterrr?rrre?t based upon the final fit?anc?trg structure and sources of
<br />f?r?rdirrg afth Project, as approved by file Agency Executive Director,
<br />Tire De??eloper shall be solely responsible, expressly ari irrrpliedly arrcl legally a??d
<br />financially, for determining and effectuating compliance with all applicable federal, state acrd
<br />local p??blic orbs rie?rrirements, prevailing wage laws, lobar laws acrd standards, and, ea?cept as
<br />provided above, neither the Agency nor City makes at?y ?;epr?eserrtatian, either legally andlor
<br />firratrcially, as to the applrcabrlrty or rran?applrcabrlrty of az?y federal, state and local laws to the
<br />Project, eltllcr ansite ar offite? The Developer expressly, kt?oritrly and vol?rrrtar?ily
<br />acknowledges and agrees that treitlrer fire Agency tror? City have previousl}l represe?rted to the
<br />Developer ar to at?y representative, agent or Affiliate of Developer, ar any contractor?s? or any
<br />subcontractar?s? for fire construction or development of the Project, in ?vriti?r or otlrer?vise, in a
<br />call fay" bids or ather?vise, that fire work and canst????ction undertaken pursurrt to this Agreement
<br />is far is riot} a "public work," as defined in Section 1?2a of the Labor Code or ??trder? Davis
<br />?3acan.
<br />The Developer k??o??ingly and vol???rtarily agrees that fire Developer shall have
<br />fire obligation to p?•ovrde airy arrd all disclasl?res ar rdet?t?ficatlorrs as re?ui??ed by Lobar Cade
<br />Section 1 X81 a?rdlor by Davis Bacai?, as tine same may be amended franc tirrre to Time, or any
<br />other sirnilar la?v or rer?latiaxr. ??' and only if the representation acrd warranty provided by the
<br />Agency to the Developer in this Section l? re?r?ai?rs true, correct and carrrplete in every respect,
<br />the Developer shall lrrdemrrify, protect, pay far, defend and bald lrart?less fire Agency, the City
<br />acrd their respective officers, employees, agents and rep??esetrtatives fr?o??n and against at?y and all
<br />ATTAC?NIE?T N?. 3r7
<br />Da ???? ? O?b"?3 ?F ? 31????72-??Q ?
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