Laserfiche WebLink
TABLE OF CONTENTS <br />(Continued) <br />Page <br /> 305.1 Cost of Construction .................................................................... .......32 <br /> 305.2 Public Art Fee .............................................................................. .......32 <br /> 305.3 Provision of Child Care Facilities ............................................... .......32 <br /> 305.4 Retail Space ................................................................................. .......32 <br />306. Insurance Requirements .............................................................................. .......32 <br /> 306.1 Minimum Coverage/Endorsements ............................................. .......33 <br /> 306.2 Property Insurance ....................................................................... .......34 <br /> 306.3 Applicability to For-Sale Portion of the Project .......................... .......35 <br />307. Indemnity .................................................................................. <br />.................. 35 <br />....... <br /> 307.1 Developer Indemnity ................................................................... .......35 <br /> 307.2 Agency Indemnity ........................................................................ ......36 <br />308. Rights of Access .......................................................................................... ......37 <br />309. Nondiscrimination in Employment .............................................................. ......37 <br />310. Taxes and Assessments ................................................................................ ......37 <br />311. Compliance with Laws ................................................................................ ......38 <br /> 311.1 Prevailing Wage Laws ................................................................. ......38 <br />312. Liens and Stop Notices ................................................................................ ......39 <br />313. Release of Construction Covenants ............................................................. ......40 <br />314. Agency Financial Assistance ....................................................................... ......40 <br /> 314.1 Agency Loans ............................................................................... ......40 <br /> 314.2 Repayment of the Agency Loans ................................................ .......41 <br /> 314.3 Reporting Requirements for the Rental Portion of the Project ... .......41 <br /> 314.4 Reporting Requirements for the For-Sale Portion of the Project. ...... 42 <br /> 314.5 Security of Agency Loan .............................................................. ......42 <br /> 314.6 Disbursement of the Agency Loan ............................................... ......42 <br />315. Homebuyer Assistance ................................................................................. ......42 <br /> 315.1 Homebuyer Assistance Loan ........................................................ ......42 <br /> 315.2 Repayment of Homebuyer Assistance Loan ................................ ......42 <br /> 315.3 Security for Homebuyer Assistance Loan .................................... ......43 <br /> 315.4 Disbursement of Homebuyer Assistance Loan; Conditions Precedent <br /> Thereto; Developer's Marketing, Disclosure and <br /> Housing Counseling ..................................................................... ......43 <br /> 315.5 Subordination ............................................................................... ......45 <br /> 315.6 Assumption ................................................................................... ......45 <br />316. Financing of the Developer Improvements .................................................. ......45 <br /> 316.1 Approval of Financing ................................................................. ......45 <br /> 316.2 Tax Credit Equity ......................................................................... ......46 <br /> 316.3 Required Submissions .................................................................. ......47 <br /> 316.4 No Encumbrances Except Mortgages, Deeds of Trust, or Sale and <br /> Lease-Back for Development ....................................................... ......47 <br /> 316.5 Holder Not Obligated to Construct Developer Improvements ..... ...... 47 <br /> 316.6 Notice of Default to Mortgagee or Deed of Trust Holders; <br /> Right to Cure ................................................................................ ......47 <br /> 316.7 Failure of Holder to Complete Developer Improvements ............ ...... 48 <br /> ii <br />DOCSOC/1400673 v 14200272-0001 <br />80A-267