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City of Everett <br /> 2020 2060 Agreement <br /> Table of Contents <br /> Page <br /> Recitals 1 <br /> I. Grant Terms 1 <br /> A. The Grant 2 <br /> B. The Project 2 <br /> C. Project Budget 2 <br /> D. Public Information 2 <br /> E. Resident Population of the Project 2 <br /> II. Term of Agreement 2 <br /> III. Payment and Disbursements 3 <br /> IV. Property Taxes and Utilities 3 <br /> V. Management of the Project 3 <br /> A. In General 3 <br /> B. Occupancy Practices 4 <br /> C. Occupancy Procedures 4 <br /> D. Resident Services on the Premises 4 <br /> VI. Insurance 4 <br /> VII. Reserved <br /> VIII. Environmental Review 6 <br /> IX. Reserved <br /> X. Reporting Requirement; Annual Reports 6 <br /> XVI. Audits; Inspections 7 <br /> XVII. Breach by the Grantee; Remedies 7 <br /> XVIII. Nonwaiver of Breach 7 <br /> XIX. Governing Law;Venue Stipulation 7 <br /> XX. Relationship of the Parties 8 <br /> XVI. Hold Harmless and Indemnification 8 <br /> XVII. Severability 8 <br /> XVIII. Notices 9 <br /> XIX. Assignability of Obligations 9 <br /> XX. Entire Agreement; Modification 9 <br /> XXI. Time of the Essence 9 <br /> Signature Page 10 <br /> i <br />