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TABLE OF CONTENTS <br />(Continued) <br />Page <br />80A -267 <br />305.1 Cost of Construct ion .............................................. .............................32 <br />305.2 Public Art Fee ........................................................ .............................32 <br />305.3 Provision of Child Care Facil ities ......................... .............................32 <br />305.4 Retail Space ........................................................... .............................32 <br />306. <br />Insurance Requirements ........................................................ .............................32 <br />306.I Minimum Coverage / Endorsements ....................... .............................33 <br />306.2 Property Insurance ................................................. .............................34 <br />306.3 Applicability to For -Sale Portion of the Project .... .............................35 <br />307. <br />Indemnity ................................................... ............................... .......... <br />............... <br />35 <br />307.1 Developer Indemnity ............................................. .............................35 <br />307.2 Agency Indemnity ................................................. .............................36 <br />308. <br />Rights of Access ................................................................... .............................37 <br />309. <br />Nondiscrimination in Empl oyment ....................................... .............................37 <br />310. <br />Taxes and Assessments ......................................................... .............................37 <br />311. <br />Compliance with Laws ......................................................... .............................38 <br />311.1 Prevailing Wage Laws .......................................... .............................38 <br />312. <br />Liens and Stop Notices ......................................................... .............................39 <br />313. <br />Release of Construction Covenants ...................................... .............................40 <br />314. <br />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....... <br />42 <br />314.5 Security of Agency Loan ....................................... .............................42 <br />314.6 Disbursement of the Agency Loan ........................ .............................42 <br />315. <br />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 />HousingCounseling .............................................. .............................43 <br />315.5 Subordination ........................................................ .............................45 <br />315.6 Assumpt ion ............................................................ .............................45 <br />316. <br />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 ........... <br />47 <br />316.6 Notice of Default to Mortgagee or Deed of Trust Holders; <br />Rightto Cure ......................................................... .............................47 <br />316.7 Failure of Holder to Complete Developer Improvements .................. <br />48 <br />ii <br />DOCSOC /1400673v <br />14200272 -0001 <br />80A -267 <br />