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Developer shalt also maintain in a hQ�dl�hy condition any landscaping planted on the
<br />Property.
<br />10, Developer covenants and angrcus, fear atvell', its successors, Its assigns and
<br />evt;ry successor in interest to the ProperLy er any part thereof, there ,li all be no
<br />discrimination against or segrugatuxr of'auny person, or grotap t4perstnns, ern account of
<br />race., rotor, creed, religion,. Sex„ mentat or physical dmability, man ita.l status;, nafional origin
<br />or ancestry in tine Sale, lease, transfer, use, OCCLapaaney, tenure ear C:.njOYMC11t oft.he Property
<br />nor shall the Developer itsetf err any person claiming 1n11a3cr Or (11V :IUgh it establish or
<br />permit any such practice or practices of discrarnination or segrcgatien with reference to the
<br />selection, location, number, use or occupancy okenaLnts„ lessees, subtenants, sublessees or
<br />vendce,, I „rf lne Property, as rerlidred by tlnc'l'itle 171 of the Civil Rig'Ints Act of 1964, the
<br />Fair Housing Act (42 U.S.C. 3601 -20) and all in iplementing; regulanivns, and the Age
<br />1:.Discrirnination Ado C I975, and a I I hniplcITICtIting 1cgulations .
<br />1 1. Not later than five (5;)'husiricss clays prior to the execution eof t'Ine
<br />documents, Developer shall subunit to l ac 1;xecautive Director a 1rlanagennent Plan in a.
<br />form that is acceptable to Lhe Fxecutive I)hector, including, haat not limited to, the
<br />components listed below, Approval of the 1vlan,,%,c ieut Plan nnust be, obtained from t:he
<br />f:xecutive Director not kife,r than [the their for the Closing, Developer shall manage the
<br />Assiswd Units in accaaordaxnoc with the approved Managennent Plain, including such.
<br />amendments nts as may he approved In writing from tinier to time by [lie Fxecutive Director,
<br />for the term of the in conic and r cart restrictions contained in these RQstractions. The
<br />components, of Lbe Management PInn shall include:
<br />(s;u) NIl�uAnrn *c,purlat_�4 cu?t- (Developer Shall sulmut the liable: r`uand
<br />qualifications of the proposed Management Agent The Excenrtivc CDirQe1or shall approve
<br />or disapprove the proposed Management Agent in writing based on kbc experience and
<br />qualifications of'tlte Management ,Agent. I lie City helc:hy atpproves Solari Ltiterprises,
<br />Inc. as the initial Management Agent. (b) )jwm!jvq
<br />myont A gcee.pnaertt.
<br />Developer shall submit a copy i'of'tlie propow. d management agruernQnt specifying,
<br />the amount of the management fbc, and the relationship and division of responsibititics
<br />between Developer and Management Agent.
<br />(c) AnnuaDl „f3ticlgct.arlal Pro t al C a li l;lo s, Prior to Llre Closing”,
<br />and munaaall,y thereafter not later flb aon ninely (90) days after the close of each calendar year
<br />thereafter, Developer shall subunit ar projected operating, budget and cash flow to the
<br />Fxccutivc *. Dire or, 'The litid el and cash flow Alalll he in ax Form that is acceptable tin dlae
<br />Fxcc;utive Dirwor.
<br />(d) Tenant Selection _NPoliclas,,. Developer shaull include in the
<br />Management Mann the 1en,aol sek.,Ctiorn policies in aecordaance with Section 4, above.
<br />12. If at any ti.tne the City dderimnes that the units are not being iaaaanaaged or
<br />maintained in ,wcorclancc with the approved Managertie nt. Plan, the City shall send the
<br />Developer a detailed description of'tlne aiaanagerncnrt ctcf oeiencacs (aa "Deficiency No ice ").
<br />if tlno delicienaae set firrih it) the Deficiency Notice arse not curod within thirty (30) clays
<br />(01 such longer period as may be reasonably (lesignated by the City), with the exception of.
<br />2`t'i'�87
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