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SANTA ANA WBBB, LP 4
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SANTA ANA WBBB, LP 4
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Last modified
3/6/2017 1:21:10 PM
Creation date
4/6/2011 3:38:12 PM
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Contracts
Company Name
SANTA ANA WBBB, LP
Contract #
A-2011-051
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
3/7/2011
Destruction Year
0
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700. AFFORDABILITY REQUIREMENTS, USE AND MAINTENANCE OF THE <br />PROPERTY ............................................................................................................................. 27 <br />701. Use Covenants and Restrictions ..................................................................................27 <br />702. Affordable Units ..........................................................................................................27 <br />703. Rent Increases .............................................................................................................28 <br />800. AGENCY AND CITY REPRESENTATIONS AND WARRANTIES ..................................28 <br />801. Agency Representations and Warranties ....................................................................28 <br />801.1 Authority ......................................................................................................28 <br />801.2 No Conflict ...................................................................................................28 <br />802. City Representations and Warranties ..........................................................................28 <br />802.1 Authority ......................................................................................................28 <br />802.2 No Conflict ...................................................................................................29 <br />900. DEVELOPER REPRESENTATIONS AND WARRANTIES ...............................................29 <br />901. As a material inducement to Agency/City to enter into this Agreement, <br />Developer represents and warrants as follows: ........................................................... 29 <br />901 .1 Formation, Qualification and Compliance ................................................... 29 <br />901 .2 Execution and Performance of Loan Documents ......................................... 29 <br />901 .3 Financial and Other Information .................................................................. 30 <br />901 .4 Experience and Qualifications ..................................................................... 30 <br />901 .5 No Material Adverse Change ....................................................................... 30 <br />901 .6 Tax Liability ................................................................................................. 30 <br />901 .7 Governmental Requirements ........................................................................ 31 <br />901 .8 Rights of Others ........................................................................................... 31 <br />901 .9 Litigation ...................................................................................................... 31 <br />901 .10 Bankruptcy ................................................................................................... 31 <br />901 .11 Information Accurate ................................................................................... 31 <br />901 .12 Conflicts of Interest ...................................................................................... 31 <br />901 .13 Nonliability of Agency/City Officials and Employees ................................ 31 <br />901 .14 No Assignment ............................................................................................. 32 <br />901 .15 Applicable Law ............................................................................................ 32 <br />901 .16 Third Parties ................................................................................................. 32 <br />901 .17 Control of Property ...................................................................................... 32 <br />902. Obl igati on to Notify re Changes ................................................................................. 32 <br />1000. CONDITIONS FOR CONSTRUCTION .......................... <br />1001. Permits and Approvals .......................................... <br />1002. Commencement and Completion of Construction <br />1003. Change Orders ....................................................... <br />1004. Entry and Inspection ............................................. <br />1005 Construction Information <br />. .............................................................................. <br />1006. Protection Against Liens ............................................................................... <br />...... 32 <br />...... 32 <br />...... 32 <br />......33 <br />......33 <br />......33 <br />...... 33 <br />1100. FEDERAL (HOME/NSP PROGRAMS) AND REDEVELOPMENT COVENANTS .......... 33 <br />1101. CHDO .........................................................................................................................33 <br />1102. Qualification as Affordable Housing ..........................................................................34 <br />1103. Tenant and Participant Protection ............................................................................... 34 <br />1104. Lease Requirements ....................................................................................................34 <br />1105. Handicapped Accessibility ..........................................................................................34 <br />1106. Use of Debarred, Suspended, or Ineligible Participants ..............................................34 <br />DOCSOC/ 1469583 v5/200272-0003
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