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Homes and Hope Community Land Trust 8/25/2020
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Homes and Hope Community Land Trust 8/25/2020
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Last modified
10/5/2020 9:22:51 AM
Creation date
10/5/2020 9:21:58 AM
Metadata
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Contracts
Contractor's Name
Homes and Hope Community Land Trust
Approval Date
8/25/2020
Council Approval Date
2/12/2020
Department
Facilities
Department Project Manager
Paul McKee
Subject / Project Title
Repayment Agreement Low Income Housing
Tracking Number
0002436
Total Compensation
$90,272.50
Contract Type
Real Property
Retention Period
10 Years Then Transfer to State Archivist
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w <br /> 4. Enforcement. HHCLT will keep such records and make such reports relating to <br /> compliance with this Agreement that Everett Housing Authority may reasonably require, and shall <br /> provide such records and reports to Everett Housing Authority upon request to do so. In the event <br /> of a breach of any of the covenants or agreements set forth in this Covenant, the parties shall be <br /> entitled to any and all remedies available at law or in equity, including but not limited to the <br /> equitable remedies of specific performance or mandatory or prohibitory injunction issued by a court <br /> of appropriate jurisdiction. In the event it becomes necessary for any party to defend or institute <br /> legal proceedings as a result of the failure of either party to comply with the terms, covenants, <br /> agreements and/or conditions of this Covenant, the prevailing party in such litigation shall be <br /> entitled to be reimbursed for all costs incurred or expended in connection with such legal <br /> proceedings, including, but not limited to, reasonable attorneys' fees (including appellate fees) and <br /> court costs. <br /> [INSERT SIGNATURE BLOCKS&NOTARY BLOCKS&LEGAL DESCRIPTION] <br /> s <br /> EXHIBIT C <br /> CITY OF EVERETT-LOCAL IMPROVEMENT DISTRICT <br /> Housing Authority Restrictive Covenant <br /> C-5 <br /> FG:53759634.5 <br />
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