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2007/09/05 Council Agenda Packet
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2007/09/05 Council Agenda Packet
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Council Agenda Packet
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9/5/2007
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C <br /> III. PAYMENT AND DISBURSEMENTS <br /> Disbursements by the City pursuant to this 2060 HTF Agreement shall be on a <br /> reimbursement basis covering actual expenditures by the Grantee or obligations of the <br /> Grantee currently due and owing, but not paid. All funds received by the Grantee <br /> pursuant to this 2060 HTF Agreement must be used for services, work, supplies or <br /> materials identified in Exhibit A hereto. <br /> To receive disbursements the Grantee shall submit to the City a Request for <br /> Reimbursement/Actual Expenditure Report supported by copies of vouchers, invoices, <br /> salary and wage summaries, or other documentation. <br /> The City reserves the right to withhold payments pending delivery of Project reports or <br /> documents as may be required under this 2060 HTF Agreement. All disbursements <br /> under this 2060 HTF Agreement shall be subject to audit and recovery of disallowed <br /> costs. <br /> IV. PROPERTY TAXES AND UTILITIES <br /> Property taxes and utilities on the Premises shall be brought current through the date of <br /> recording this 2060 HTF Agreement. In the event the Grantee does not bring such taxes <br /> and utilities current prior to recording, the Grantee agrees to pay such taxes and utilities <br /> within ten (10) days of the date of recording this 2060 HTF Agreement and to provide to <br /> the City an addendum to the title policy establishing such payment. During the term of <br /> this Agreement, the Grantee shall pay all property taxes, if any, and utility billings as they <br /> become due and payable and shall keep the Premises free and clear of any liens for <br /> unpaid property taxes and utility billings. <br /> V. MANAGEMENT OF THE PROJECT <br /> A. In General <br /> The Grantee agrees to keep the Premises in good condition and repair; not to <br /> remove or demolish any building thereon; and to pay when due all claims for <br /> labor performed and materials furnished therefore; to comply with all laws <br /> affecting the Premises or requiring any alterations or improvements to be made; <br /> not to commit or permit waste thereof; not to commit, suffer, or permit any act <br /> upon the Premises in violation of law; and to do all other acts which from the <br /> character or use of the Premises may be reasonably necessary to preserve and <br /> conserve its value. <br /> B. Occupancy Practices <br /> The Grantee shall provide shelter housing to eligible residents. The Grantee <br /> further agrees as follows: <br /> 1. The Grantee shall market and assign all units in a manner which ensures <br /> equal access to all persons in any category protected by Federal, State, or <br /> local laws governing discrimination. <br /> h 0 <br /> 3 <br />
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