HomeMy WebLinkAboutR11- Economic Development Agency ECONOMIC DEVELOPMENT AGENCY
OF THE CITY OF SAN BERNARDINO
REQUEST FOR COMMISSION/COUNCIL ACTION
FROM: RONALD E.WINKLER SUBJECT: AGENCY APPROVED HOME
Development Director CHDO
DATE: May 15, 1996
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Synopsis of Previous Commission/Council/Committee Action(s):
On November 9, 1993,the Housing Committee received and filed the City of San Bernardino Mobilehome Park
Feasibility Study and recommended to the Community Development Commission a date and time certain for a
Mobilehome Conversion Workshop.
Synopsis Continued to Next Page...
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Recommended Motion(s):
(Mayor and Common Council)
MOTION A: RESOLUTION OF THE MAYOR AND COMMON COUNCIL AUTHORIZING THE GRANT OF
HOME FUNDS TO BE USED IN CONJUNCTION WITH COMMUNITY DEVELOPMENT
HOUSING ORGANIZATIONS(CHDO)FOR THE ACQUISTION AND RESALE OF
MOBILEHOMES IN CONNECTION WITH THE MOBILEHOME PARK ACQUISITION
PROGRAM OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO
(Motions Continued to Next Page...)
Admihis(rator RONALD .WINKLER
Development Director
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Contact Person(s): Ronald E.Winkler Phone: 5081
Project Area(s): N/A Ward(s): One-Seven(1-7)
Supporting Data Attached: Staff Report; Resolutions to be distributed
FUNDING REQUIREMENTS: Amount: $509.711 Source: Federal HOME Funds
Budget Authority: Requested
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Commission/Council Notes:
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REW:lag:05-20-02.cdc COMMISSION MEETING AGENDA
/I/ MEETING DATE:05/20/1996
Agenda Item Numbers �'
Request for Commission/Council/Committee Action
Agency Approved HOME CHDO
May 14, 1996
Page Number-2-
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Synopsis of Previous Commission/Council/Committee Action(s) Continued:
On December 6, 1993, the Community Development Commission conducted a Luncheon
Workshop on the City's Mobilehome Conversion Program.
On December 20, 1993, the Community Development Commission authorized Phase II of the
existing Consultant Agreement with the De Anza/London Group pertaining to the development
and implementation of a Mobilehome Park Conversion Program.
On March 7, 1994, the Community Development Commission approved the implementation of
the Mobilehome Park Conversion Program for selected Category I parks and authorized the
expenditure of$120,000 for processing four(4) mobilehome parks at $30,000 for each park.
On August 15, 1994, the Community Development Commission, in closed session, authorized the
Chairman of the Agency to execute the purchase and sale agreements for Tropicana, Orangewood
Estates, Rancho Meridian and Meridian Terrace Mobilehome Parks.
On January 9, 1995, the Community Development Commission approved the consent of
assignment and release from De Anza Conversions, Inc., in association with the London Group,
to the London Group and authorized execution of all necessary documents by the Acting
Director. The Commission also authorized the expenditure of an additional $30,000 in housing
set-aside funds for the due diligence efforts for the conversion of the Friendly Village Mobilehome
Park, and authorized the execution by the Acting Director of necessary modifications to existing
agreements with the London Group.
On February 28, 1995, the Housing Committee recommended approval in concept of bond issues
for acquisition of the Friendly Village and Tropicana Mobilehome Parks.
On April 3, 1995, the Mayor and Common Council set a public hearing on April 17, 1995, at
11:00 a.m., for approval of the issuance of certain Joint Powers Authority bonds in connection
with the Friendly Village Mobilehome Park, the Orangewood Mobile Estates Mobilehome Park
and the Tropicana Mobilehome Park. The Joint Powers Financing Authority set a public hearing
on April 17, 1995, at 11:00 a.m., for approval of the issuance of certain bonds in connection with
the Friendly Village Mobilehome Park, the Orangewood Mobile Estates Mobilehome Park and the
Tropicana Mobilehome Park.
Synopsis Continued to Next Page...
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REW:lag:05-20-02.cdc COMMISSION MEETING AGENDA
MEETING DATE:05/20/199
Agenda Item Number:
i
Request for Commission/Council Action
Agency Approved HOME CHDO
May 14, 1996
Page Number-3-
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Synopsis of Previous Commission/Council/Committee Action(s) Continued:
On April 17, 1995, the Mayor and Common Council held a public hearing and approved the
issuance by the San Bernardino Joint Powers Authority(the"Authority") of certain multifamily
housing revenue bonds (the"Bonds") and the borrowing of said funds by the Agency for the
acquisition of the Orangewood, Tropicana and Friendly Village mobilehome parks. On that date,
the Board of the Authority approved the issuance of the Bonds and the Community Development
Commission approved the borrowing of the proceeds thereof. The Mayor and Common Council
also approved the pledge of certain funds of the City as security for certain bonds.
On June 5, 1995, the Community Development Commission approved by motion the expenditure
of not-to-exceed $145,000 low- and moderate income housing set-aside funds for the due
diligence efforts for the acquisition of Sequoia Plaza, Mountain Shadows, Glen Aire and Pacific
Palms Mobilehome Parks and authorized the execution of any necessary documents to commence
the due diligence process.
On June 5, 1995, the Mayor and Common Council approved and adopted resolutions which had
the effect of superseding the April 17, 1995 resolutions regarding the pledge of certain funds of
the City as security for certain bonds to assist in the purchase of Orangewood, Tropicana and
Friendly Village and provided for the authorization of the use of HOME Funds to implement the
conversion of said mobilehome parks including acquisition, rehabilitation and homeowner
assistance.
Recommended Motion(s) Continued:
(Community Development Commission)
MOTION B: RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION AUTHORIZING
ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO
THE USE OF CERTAIN HOME FUNDS AND THE AWARD TO AND EXECUTION OF AN
AGREEMENT WITH AMERICAN LODGING FOR THE ACQUISITION AND RESALE OF
MOBILEHOMES IN CONNECTION WITH THE MOBILEHOME PARK ACQUISITION
PROGRAM
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REW:Iag:05-20-02.cdc COMMISSION MEETING AGENDA
MEETING DATE:05/20/1996
Agenda Item Number: I
ECONOMIC DEVELOPMENT AGENCY
STAFF REPORT
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American Lodging=AgencyApproved Home CHDO
As you know, the City receives annually between $1 and $1.4 million in federal HOME funds
from the U.S. Department of Housing and Urban Development (HUD). Established in 1990
under the National Affordable Housing Act, this annual entitlement of funds is to provide housing
opportunities to very low and low income individuals.
Under the Act, 15% of entitlement funds a community receives must be used for housing owned,
sponsored or developed by a Community Housing Development Organization(CHDO). A
CHDO is typically a non-profit organization with low-income representation on its Board of
Directors.
To date, Home funds have been used by the City to cover costs associated with its mobile home
park acquisition and conversion program, except for funds reserved by law for CHDO use. As a
consequence, approximately $509,711 in HOME funds has accumulated over the past two (2)
years. Staff believe use of these funds to further strengthen our existing mobile home park
program is consistent with policy established by the Commission.
Specifically, it is proposed that the funds be used to acquire new mobile homes and rehabilitate
existing mobile housing stock for Agency owned mobile home parks. There are several benefits
to use of funds for acquisition and rehabilitation of mobile homes including:
• Increasing the long term financial stability of the park by filling vacancies.
• To provide good economical housing for low/moderate income homebuyers.
The prescribed activities would provide several advantages for the residents of the mobilehome
parks. These include:
• Acquisition of new mobile homes for resale to new homebuyers and park tenants would
increase both revenues from the sale of the homes as well as filling vacancies.
• Rehabilitation of existing"onsite" mobile housing stock that could be sold to new
homebuyers and park tenants.
• Acquisition and rehabilitation of used mobile homes that would be moved into Agency
owned parks and sold to new homebuyers and park tenants.
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REW:lag:05-20-02.cdc COMMISSION MEETING AGENDA
MEETING DATE:05/20/1996
Agenda Item Number: �_
ECONOMIC DEVELOPMENT AGENCY STAFF REPORT
Agency Approved HOME CHDO
May 14, 1996
Page Number-2-
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• Revenues from these sales activities could than be reinvested into the parks to improve
physical assets.
• Any excess reserves would be put into an Agency fund for further programming.
With these goals in mind, the Agency, along with London and Associates, issued an Request for
Proposal (RFP) for a designated Community Housing Development Organization(CHDO).
Fourteen non profit agencies were contacted and two responded: American Lodging, James
Miller Midway City, CA; and San Bernardino Neighborhood Housing Services, Mike Ponce, San
Bernardino, CA.
On April 24, 1996, Agency representatives and Mr. London interviewed the two respondents to
the RFP. It is the opinion of Agency staff that American Lodging is the most qualified based on
the criteria set forth in the RFP. Representatives of American Lodging demonstrated flexibility in
approach and an experience base favorable to our current program. Their initial selection,
however, does not preclude use of other non-profits in the future should a RFP be issued for next
fiscal year.
The agreement proposes to use the selected non-profit as a financing conduit to further strenghten
our existing mobilehome parks. Under terms of the agreement the Agency will have control over
selection and/or assignment of any staff American Lodging may provide together with fund
expenditures.
Based on the significant benefit to the Agency, Staff recommends adoption of the form motion.
RONALD t. WINKLER, Director
Development Department
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REW:1ag:05-20-02.cdc COMMISSION MEETING AGENDA
MEETING DATE:05/20/1996
Agenda Item Number: �_
REDEVELOPMENT AGENCY OF THE
CITY OF SAN BERNARDINO
AGREEMENT FOR COMMUNITY HOUSING DEVELOPMENT ORGANIZATION
THIS AGREEMENT FOR COMMUNITY HOUSING DEVELOPMENT
ORGANIZATION ("Agreement") is entered into as of this _ day of May, 1996, by and
between the Redevelopment Agency of the City of San Bernardino, a public body
corporate and politic (hereinafter referred to as the "Agency") and Jim Miller Shelter for the
Homeless dba American Lodging, Inc., a California nonprofit organization organized
pursuant to Title 24 CFR Subpart G, Section 92.300 et sea.' (hereinafter referred to as
"American Lodging").
RECITALS
WHEREAS, the City of San Bernardino (the "City") has received and is
eligible to receive certain HOME revenues in the form of: (i) a formula Home Investment
Partnership Community Housing Development Organization ("CHDO") allocation for Fiscal
Year 1994-95; (ii) a formula Home Investment Partnership CHDO allocation for Fiscal Year
1996; and (iii) a formula HOME fund general allocation for Fiscal Year 1994-95, from the
federal Department of Housing and Urban Development ("HUD") in order to carry out
eligible activities in accordance with federal requirements of the Home Investment
Partnership Program (the "Home Program") codified at Section 92, et seq.; and
WHEREAS, the City has designated and authorized the Development
Department of the City's Economic Development Agency and the Agency to administer and
implement the HOME Program; and
WHEREAS, in accordance with the HOME Program, at least fifteen percent
(15%) of HOME funds must be set aside for locally based nonprofit entities known as
CHDO's in accordance with HUD guidelines; and
WHEREAS,American Lodging is desirous of participating in activities eligible
under the HOME Program, and further agrees that the beneficiaries of its activities under
the HOME Program and this Agreement, are or will be families who meet the income
eligibility guidelines of Section 92.217; and
'All references herein are to Title 24 of the Code of Federal Regulations unless
indicated otherwise
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WHEREAS, the Agency deems that the activities to be provided by American
Lodging are consistent with and supportive of the HOME Program Design for the Agency
in Fiscal Years 1994-95 and 1996, and that American Lodging requires the financial
assistance of the Agency to initiate its activities; and
WHEREAS, American Lodging shall certify that it qualifies as a CHDO under
the requirements as set forth in the HOME Program; and
WHEREAS, the Agency deems it desirable to enter into an agreement with
American Lodging in order to provide for the acquisition and, as necessary, the
rehabilitation of mobile home residential units (hereinafter referred to as the "Units"), and
the relocation of said Units into mobile home parks within the City owned by the Agency
in order to cause the sale to qualified households; and
WHEREAS, the Agency deems it desirable to cause the acquisition of the
Units and the rehabilitation thereof as necessary in order to provide for the relocation and
sale of the Units (the 'Project") as more fully described in the legal description attached
hereto as Exhibit "A" and incorporated herein by this reference, in order to facilitate the
HOME Program.
AGREEMENT
NOW THEREFORE THE PARTIES MUTUALLY AGREE AS FOLLOWS:
Section 1. Qualifications
American Lodging has fully reviewed all of the requirements of a CHDO
under the HOME Program and hereby certifies and warrants that it qualifies as a CHDO
and has satisfied the definition of a CHDO as stated in Subpart "A" Section 92.2. To
qualify for receipt and use of federal HOME funds as a CHDO, American Lodging hereby
warrants that it has met the following requirements:
1.1 Legal Status. American Lodging is organized under State law, as
evidenced by its Articles of Incorporation. No part of its net earnings inure to the benefit
of any member, founder, contributor, or individual, as evidenced by the same. American
Lodging has a tax exemption ruling from the Internal Revenue Service (IRS) under Section
501(c) of the Internal Revenue Code of 1986, as evidenced by a certificate from the IRS.
Also, American Lodging has, among its purposes, the provision of decent housing that is
affordable to low-and moderate-income people, as evidenced by a statement in its Articles
of Incorporation and Bylaws.
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1.2 Capacity. American Lodging conforms to the financial accountability
standards of Attachment F of OMB Circular A-110, as evidenced by a notarized statement
by the organization's Certified Public Accountant. American Lodging has a demonstrated
capacity for carrying out activities assisted with HOME funds through the experience of key
staff members. Also, American Lodging shows a history of serving the residents of the
City for at least one year.
1.3 Organizational Structure. The governing Board of Directors of
American Lodging contains at least 33 percent low-income representation as evidenced
by its Bylaws. American Lodging provides a formal process for low-income program
beneficiaries to advise the organization in all of its decisions regarding the design, siting,
development, and management of all affordable housing projects through its By-laws and
operating procedures approved by the governing body. The Agency does not appoint
membership of American Lodging's governing board.
1.4 Relationship with For-Profit Entities. American Lodging is not
controlled nor receives direction from individuals or entities seeking profit from the
organization, as evidenced by the organization's By-laws. American Lodging is free to
contract for goods and services from vendors of its own choosing, as evidenced in its
By-laws.
Section 2. Agency Assistance
Pursuant to certain conditions being met, American Lodging shall receive a
total amount not to exceed Four Hundred Thousand Dollars ($400,000) of the Agency's
HOME Investment Partnership funds for the Project (the "Assistance") of which
($ shall be used to acquire the applicable Units and the
balance of Twenty Four thousand Dollars ($24,000) shall be used to fund the
administration costs of the Project. The proceeds of the Assistance shall initially be held
and disbursed by the Agency upon receipt from American Lodging of appropriate
documentation requesting a draw of the funds. In acting as owner, and except as
otherwise provided herein, American Lodging will have effective management control of
the Units comprising the Project and shall comply with Section 92.504 as follows:
Section 3. Use of Home Funds
3.1 Funds representing the Assistance proceeds shall only be used by
American Lodging to pay for acquisition 2, rehabilitation and relocation of the Units as well
as eligible administration expenses.
2Subject to 24 CFR 92.353 (f) - Real Property Acquisition Requirements.
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3.2 Schedule for Completion of Tasks. The Project shall be commenced
and completed in accordance with the Scope of Development, attached hereto as
Exhibit "B" and incorporated herein by this reference.
Section 4. Payment of Project Costs
American Lodging shall pay any and all fees and costs incurred as a result
of development of the Project other than those funded with HOME funds. The Agency
shall have the right, upon reasonable notice, to inspect and audit all books and records of
American Lodging pertaining to the payment of Project fees and costs.
Section 5. Occupancy of Units
American Lodging shall ensure that each of the Units are occupied as the
principal residence of an owner whose family qualifies as a "low income family" at the time
of purchase, as such term is defined in the regulations implementing the HOME Program.
Section 6. Period of Performance/Affordability
The Units assisted with HOME funds will be subject to the affordable housing
requirements set forth in Section 92.254, for fifteen (15) years, commencing upon
execution of this Agreement, to make the Units available for subsequent purchase to low
income families that will use the Units as their principal residence; and (A) provide the
owner with a fair return on investment, including any improvements, and (B) ensure that
the Units will remain affordable, pursuant to deed restrictions or covenants running with the
land, to a reasonable range of low-income homebuyers. The affordability restrictions shall
terminate upon occurrence of any of the following termination events: foreclosure, transfer
in lieu of foreclosure or assignment of an FHA insured mortgage to HUD.
Section 7. Repayments
Any return on the investment of HOME funds shall be remitted to the Agency.
The repayments will be deposited by the Agency in a HOME Program Income Account and
used for other HOME eligible activities.
Section 8. Uniform Administrative Requirements
As a nonprofit organization and a recipient of HOME funds, American
Lodging certifies and warrants that it meets the requirements of OMB Circular No. A-122
and the following requirements of OMB Circular No. A-110: Attachment B; Attachment F;
Attachment H, Paragraph 2; and Attachment O. The Program Agent shall, on behalf of the
Agency, monitor the activities of American Lodging in order to ensure the continued
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compliance with these provisions and any other provisions applicable under the HOME
Program.
Section 9. Project Requirements
The parties hereby agree as follows:
Maximum Per-Unit Subsidy Amount. The amount of HOME funds that
American Lodging may invest on a per-Unit basis in affordable housing does not exceed
limits established by HUD for this type of project.
Property Standards. The Project upon completion shall, at a minimum, meet
Federal (Housing Authority) Section 8 Housing Quality Standards ("HQS") for the term of
affordability. American Lodging hereby agrees that the Agency shall be permitted regular
access to the Units in order to physically inspect the Units to ensure compliance with the
terms of this Agreement. Such inspections shall occur at least annually, but not more
frequently than once every calendar quarter.
Qualification as Affordable Housing and Income Targeting. The occupancy
standards established under the HOME Program must be maintained for the affordability
period for the assisted Units.
Section 10. Other Requirements
Maintenance and Replacement. American Lodging must maintain the Units
in compliance with all applicable housing quality standards and local code requirements,
including, but not limited, to the San Bernardino Municipal Code.
Occupant Selection. American Lodging must adopt written occupant
selection policies and criteria that:
Are consistent with the purpose of providing housing for low-income families;
Are reasonably related to HOME Program eligibility;
Give reasonable consideration to the housing needs of families that would
have a federal preference under section 960.211 of Title II of the Cranston-Gonzalez
National Affordable Housing Act of 1992; and
Provide for (i) the selection of occupants from a written waiting list in the
chronological order of their application, insofar as is practicable; and (ii) the prompt written
notification to any rejected applicant of the grounds for any rejection.
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Provide that a preference be given to residents or occupants of the City of
San Bernardino with respect to the occupancy of the Units.
Compliance. American Lodging must carry out each activity in compliance
with all federal laws and regulations described in Subpart H of Section 92 and outlined
hereinafter, except that American Lodging does not assume the Agency's responsibilities
for environmental review in Section 92.352 or the intergovernmental review process in
Section 92.359. These federal laws and regulations must be complied with as follows:
Equal Opportunity. No person shall be excluded from participation in, be
denied the benefits of or be subjected to discrimination under any program or activity
funded in whole or in part with HOME funds. In addition, HOME funds must be made
available in accordance with all laws and regulations listed in Section 92.350(a).
Fair Housing. In accordance with the certification made with its housing
strategy, each participating jurisdiction must affirmatively further fair housing. Actions
described in Section 570.904(c) of Title II of the Cranston-Gonzalez National Affordable
Housing Act will satisfy this requirement.
Affirmative Marketina. American Lodging must adopt affirmative marketing
procedures and requirements for HOME assisted Units. These procedures and
requirements must include:
Methods for informing the public;
Requirements and practices that American Lodging must adhere to in order
to carry out the Agency's affirmative marketing procedures and requirements;
Procedures used by American Lodging to inform and solicit applications from
persons in the housing market area who are not likely to apply without special outreach;
Records that will be kept describing actions taken by American Lodging to
affirmatively market Units and records to assess the results of these actions; and
A description of how American Lodging will assess the success of affirmative
marketing actions and what corrective actions will be taken where affirmative marketing
requirements are not met.
Displacement. Relocation and Acquisition. Consistent with the other goals
and objectives of Subpart H of 24 CFR 92, American Lodging must ensure that it has taken
all reasonable steps to minimize the displacement of persons as a result of this Project.
American Lodging agrees to minimization of displacement in accordance with Section
92.353.
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Labor. Any contract executed by American Lodging for the rehabilitation of
Units assisted with HOME funds must contain a provision requiring that not less than the
wages prevailing in the locality, as predetermined by the Secretary of Labor pursuant to
the Davis-Bacon Act (40 U.S.C. 2761-5), will be paid to all laborers and mechanics
employed in the development of affordable housing involved, and such contacts must also
be subject to overtime provisions, as applicable, of the Contract Work Hours and Safety
Standards Act(40 U.S.C. 327-332). The Agency may require certification as to compliance
with the provisions of Section 92.354 before making any payment under such contract.
Lead-based Paint. It is understood that housing assisted with HOME funds
is subject to 24 CFR Part 35.
Conflict of Interest. American Lodging will hereby comply with all
requirements set forth regarding conflict of interest provisions as they apply in Section
92.356.
Debarment and Suspension. As required in Section 92.357, American
Lodging will comply with all debarment and suspension certifications.
Flood Insurance. Under the Flood Disaster Protection Act of 1973, HOME
funds may not be used with respect to the acquisition or rehabilitation of a project located
in an area identified by the Federal Emergency Management Agency (FEMA) as having
special flood hazards, unless:
The community in which the area is situated is participating in the
National Flood Insurance Program, or less than a year has passed since
FEMA notification regarding such hazards; and
Flood insurance is obtained as a condition of approval of the
commitment.
The Agency is responsible for assuring that flood insurance under the
National Flood Insurance Program is obtained and maintained.
Section 11. Requests for Disbursements of Funds
The Agency, in its sole discretion, shall be responsible for the selection of the
contractors to undertake and cause the rehabilitation of the Units.
American Lodging may not request disbursement of funds under this
Agreement until funds are needed for payment of eligible costs. The amount of each
request must be limited to the amount requested through approved invoicing reflecting
completed work or required payment of obligations incurred.
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The Agency will set aside HOME Program Funds for FY 1994-95 and FY
1996 for American Lodging. The Agency will submit the Designation of Community
Housing Development Organization Form, Attachment_, Form HUD-40098, to reserve
funds for use by American Lodging. Funds set aside for use by American Lodging which
are not committed by/for American Lodging within 12 months of this Agreement for FY
1994-95 or FY 1996 funds will be automatically returned to the HOME C/MI System.
American Lodging will not have direct access to the HOME C/MI System
VRS. The Agency will follow the procedures described in CPD Notice 92-05 for setting up
projects and requesting drawdown of funds for American Lodging assisted projects.
Section 12. Records and Reports
The Agency will require that American Lodging maintain and supply to
Program Agent upon written request the following records and reports for the affordability
period in order to assist the Agency in meeting its record keeping and reporting
requirements:
Development and all funding documentation for the Project;
Property management and building maintenance reserves and related
records;
Files on the annual review and certification of all applicable tenant income;
Terms and conditions of all signed leasehold agreements between tenants
and American Lodging; and
Any legal reports and records required by City Attorney's Office or the
Agency, as requested.
Program Agent, on behalf of the Agency, will review the Project annually for
the period of affordability for:
Recertification of tenant income;
Review of rent and utility allowances;
On-site inspections for compliance with Section 8 Housing Quality Standards;
and
Review of American Lodging compliance with this written Agreement.
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Section 13. Enforcement of this Agreement
The Agency shall have the right, by prior written notice to American Lodging,
to enforce affordability and occupancy requirements. Should any such violation be brought
to the attention of the Agency regarding the Project, the Agency shall have the right, by
prior written notice to American Lodging, to suspend or terminate this Agreement and may
avail itself of all remedies under this Agreement.
The Agency at its discretion may terminate this Agreement, in whole or in
part, by giving American Lodging written notice in accordance with Section 85.44.
The Agency also reserves the right to reallocate HOME funds prior to
commitment of said funds to particular projects.
Section 14. Duration of the Agreement
The term of this Agreement shall commence on the date first written above
and shall continue in full force and effect for twelve (12) months, when this Agreement shall
be renewed annually at the sole discretion of the Director of the Development Department
of the Agency.
Section 15. Monitoring
The Agency is responsible for managing the day-to-day operations of its
HOME Program for monitoring the performance of all entities receiving HOME funds from
the Agency to ensure compliance with the requirements of Subpart K, Section 92, and for
taking appropriate action when performance problems arise.
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IN WITNESS WHEREOF, the Agency and American Lodging have executed
this Agreement as of the date first hereinabove set forth.
REDEVELOPMENT AGENCY OF THE
CITY OF SAN BERNARDINO
By:
Ronald E. Winker,
Director, Development Department
American Lodging,
a California nonprofit organization,
By:
Title:
SBEO/0001/DOC/3109.1
5/15/96 100 ct
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EXHIBIT"A"
LEGAL DESCRIPTION
[TO BE INSERTED]
Exhibit "A" - Page 1
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EXHIBIT"B"
SCOPE OF DEVELOPMENT
[TO BE INSERTED]
Exhibit "B" - Page 1
EXHIBIT "C"
SCHEDULE OF PERFORMANCE
UNITS TO BE ACQUIRED PRIOR TO , 1996
REHABILITATION OF UNITS TO BE , 1996
COMMENCED PRIOR TO
REHABILITATION OF UNIT TO BE , 1996
COMPLETED PRIOR TO
Exhibit "C" - Page 1
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