KOTTINGER GARDENS PHASE 1 - AFFORDABLE HOUSING LOAN AGMT

(i) Specific procedures for certification and recertification of household incomes and procedures for handling over-income tenants; (j) A requirement that a written rental agreement(subject to City approval)be executed with each eligible household selected to occupy a unit; (k) A detailed listing of reasonable rules of conduct and occupancy which shall be in writing, shall be consistent with federal and state law, and shall be provided to each tenant upon occupancy; (I) A requirement that there be no storage on balconies and patios and that tenants must keep all balconies, patios and other exterior areas neat,clean and clutter free, including no clotheslines or laundry; (m) A parking management plan which details, among other things, how parking spaces will be assigned, how guest parking will be handled and how parking will be managed to encourage tenants to use their assigned parking spaces; (n) Procedures for maintenance and management of the Project; (o) Procedures for dealing with tenant or neighborhood issues or concerns; (p) Procedures for maintaining a reserve account, budgeting for maintenance and repair needs as well as long-term rehabilitation needs, and handling net cash flow; and (q) Such other requirements and criteria/procedures as City may reasonably determine appropriate. 6.6 Approval of Amendments. If City has not responded to any submission of the Management and Marketing Plan, the proposed management entity, the proposed management agreement, or a proposed amendment or change to any of the foregoing within sixty(60)days following City's receipt of such plan, proposal, agreement or amendment,the plan, proposal, agreement, or amendment shall be deemed approved by City. 6.7 Fees, Taxes,and Other Levies. Owner shall be responsible for payment of all fees, assessments, taxes,charges, liens and levies applicable to the Property or the Project, including without limitation possessory interest taxes, if applicable, imposed by any public entity, and shall pay such charges prior to delinquency. However, Owner shall not be required to pay any such charge so long as (a) Owner is contesting such charge in good faith and by appropriate proceedings, (b)Owner maintains reserves adequate to pay any contested liabilities, and (c) on final determination of the proceeding or contest, Owner immediately pays or discharges any decision or judgment rendered against it, together with all costs, charges and interest. The foregoing is not intended to impair Owner's ability to apply for any applicable exemption from 17 OAK #4832-3506-8205 v4