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2010/12/22 Council Agenda Packet
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2010/12/22 Council Agenda Packet
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Council Agenda Packet
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12/22/2010
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1 <br /> Table of Contents <br /> Page <br /> RECITALS 1 <br /> I. LOAN TERMS 2 <br /> A. The Loan 2 <br /> B. Security for the Loan 2 <br /> C. The Project 2 <br /> D. Project Budget 2 <br /> E. Assignment of Obligations 2 <br /> F. Public Information 3 <br /> II. RESIDENT POPULATION OF THE PROJECT 3 <br /> III. TERM OF AGREEMENT 4 <br /> IV. PAYMENT AND DISBURSEMENTS 4 <br /> V. BUDGET REVISIONS 5 <br /> VI. APPRAISAL 5 <br /> VII. TITLE INSURANCE ____ 5 <br /> VIII. PROPERTY TAXES AND UTILITIES 5 <br /> IX. - COVENANT AGREEMENT; PRIORITY AND SUBORDINATION AGREEMENT 5 <br /> X. MANAGEMENT OF THE PROJECT 6 <br /> A. In General 6 <br /> B. Resident Eligibility 7 <br /> C. Occupancy Procedures 7 <br /> D. Resident Services on the Premises 7 <br /> E. Employment Discrimination 7 <br /> XI. INSURANCE 8 <br /> A. Liability Insurance 8 <br /> B. Property Insurance with Special Causes of Loss & Builders Risk Insurance 8 <br /> C. Professional Services 8 <br /> D. Workers' Compensation 9 <br /> E. General Requirements 9 <br /> Page <br />
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