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the City or its designee may enter and inspect the physical premises of the Agency's <br /> office and inspect all accounting and other records pertaining to the HOME assistance <br /> activities and operation of the Project. Upon request by the City, the Agency shall notify <br /> tenants of upcoming inspections of their units or records in order to ensure compliance <br /> with HOME Program rules pertaining to property standards as contained at 24 CFR <br /> § 92.251 and 25 CFR § 92.355 and in accordance with state law. Prior to or <br /> contemporaneously with the tenants'execution of their leases, the Agency shall inform <br /> tenants in writing of, and require tenants to acknowledge by their signatures thereon, <br /> the City's reserved right to inspect their rental units and records. The Agency shall <br /> retain the acknowledged notices with the tenants' leases." Inspections of residential <br /> units will be conducted in compliance with applicable landlord-tenant laws. <br /> The City shall inspect the Project periodically for compliance to certain property <br /> standards to ensure the Property is maintained as decent, safe, sanitary, in good repair <br /> and habitable housing, as may be prescribed by the HOME Program, or the Uniform <br /> Property Condition Standards (UPCS) per 24 CFR §5.703, or such successor <br /> standards as the City may require. <br /> VI. ENFORCEMENT OF THE AGREEMENT <br /> A. Disputes <br /> Any dispute concerning questions of fact in connection with the obligations covered by this <br /> Agreement and not disposed of by the terms herein shall be referred for determination to <br /> the Director of the City Planning and Community Development department, or his/her <br /> designee, whose decision in the matter shall be final and binding upon the parties, <br /> PROVIDED, that if an action is brought challenging the decision, the matter shall be <br /> subject to de novo judicial determination. Nothing contained herein shall excuse either <br /> party from otherwise complying with the terms of this Loan Agreement to the extent <br /> reasonably possible pending final resolution of the dispute. <br /> B. Breach by Agency; Termination by City <br /> 1. Curing of Monetary Default. If a monetary event of default occurs under the terms of <br /> any of the Loan Documents, before exercising any remedies thereunder, City shall <br /> give Agency written notice of such default at the notice address determined pursuant <br /> to this Agreement. Agency shall have a period of ten (10) days after such notice is <br /> given within which to cure the default before exercise of remedies by City under the <br /> Loan Documents, or such longer period of time as may be specified in the Loan <br /> Documents. <br /> 2. Curing of Nonmonetary Default. If a nonmonetary event of default occurs under the <br /> terms of any of the Loan Documents, prior to exercising any remedies thereunder, City <br /> shall give Agency written notice of such default at the notice address determined <br /> pursuant to this Agreement. If the nonmonetary default is reasonably capable of being <br /> cured within thirty (30) days, Agency shall have such period to effect a cure prior to <br /> exercise of remedies by City under the Loan Documents, or such longer period of time <br /> as may be specified in the Loan Documents. If the default is such that it is not <br /> reasonably capable of being cured within thirty (30) days or such longer period if so <br /> specified, and if Agency in the reasonable determination of City (a) initiates corrective <br /> Loan Agreement <br /> Housing Hope Properties <br /> Page 44 of 51 <br />