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2008/07/23 Council Agenda Packet
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2008/07/23 Council Agenda Packet
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3/27/2017 9:00:11 AM
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Council Agenda Packet
Date
7/23/2008
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Table of Contents <br /> Page <br /> Recitals 1 <br /> I. Loan Terms 1 <br /> A. The Loan 1 <br /> B. Security for the Loan 1 <br /> C. Assignment of Obligations 2 <br /> D. The Project 2 <br /> E. Project Budget ...2 <br /> F. Public Information 2 <br /> II. Resident Population of the Project; RENT 3 <br /> III. Term of Agreement 3 <br /> IV. Payment and Disbursements 3 <br /> V. Budget Revisions 4 <br /> VI. Appraisal 4 <br /> VII. Title Insurance 4 <br /> VIII. Property Taxes and Utilities 4 <br /> IX. Covenant Agreement 4 <br /> X. Subordination Agreements; <br /> Subsequent Priority Instruments 5 <br /> XI. Management of the Project 5 <br /> A. In General 5 <br /> B. Rental; Housing Operations Manual 6 <br /> C. Lease and Occupancy Procedures 6 <br /> D. Resident Services on the Premises 7 <br /> XII. Insurance 7 <br /> A. Liability 7 <br /> B. Property Insurance with Special Causes of Loss <br /> & Builders Risk Insurance 7 <br /> C. Professional Services 8 <br /> D. Workers' Compensation 8 <br /> E. General Requirements 8 <br /> 2060 HOUSING <br /> TRUST FUND AGREEMENT <br />
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