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2011-100 Housing - The Landings at Winmore, LLC - Crosland, LLC - Community Home Trust - Development Agreement $300,000
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2011-100 Housing - The Landings at Winmore, LLC - Crosland, LLC - Community Home Trust - Development Agreement $300,000
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Last modified
1/9/2012 11:11:06 AM
Creation date
5/2/2011 10:52:00 AM
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BOCC
Date
5/2/2011
Meeting Type
Work Session
Document Type
Agreement
Agenda Item
Manager Signed
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iii. The Owner shall maintain files of all tenants, regardless of length of occupancy, <br />residing in assisted units. Documentation shall verify eligibility for federal assisted housing at <br />the point of initial tenancy and every subsequent year thereafter for the period of affordability. <br />Information maintained shall include: tenant income level; name of family members; ethnic data; <br />family type - e.g. female head of household; disability status; and monthly rent. <br />iv. The Owner shall maintain records verifying the affordability of the dwelling units. <br />g. Notices. Any Notice shall be in writing and shall be given by depositing the same <br />in the United States mail, post-paid and registered or certified, and addressed to the party to be <br />notified, with return-receipt requested, or by delivering the same in person to an officer or <br />principal of such party. Notice deposited in the mail in the manner here in above described shall <br />be effective upon mailing. For purposes of Notice, the addresses of the parties shall, unless <br />changed as hereinafter provided, be as follows: <br />To the County: Orange County <br />c/o Housing and Community Development <br />Department <br />P.O. Box 8181 <br />Hillsborough, NC 27278 <br />ATTN: Director <br />ii. To The Owner: The Landings at Winmore, LLC <br />c/o Crosland <br />227 West Trade Street, Suite 800 <br />Charlotte, NC 28202 <br />iii. To CHT: Community Home Trust <br />P. O. Box 307 <br />Carrboro, NC 27510 <br />ATTN: Director <br />Neither the County nor Owner or CHT may change the person or address to which any future <br />Notice shall be given as herein provided. <br />h. No Assignment. No transfer or assignment of the interest of the Owner in this <br />Agreement shall occur without the prior written consent of the County; neither may The Owner <br />or CHT assign this Agreement without the prior written consent of County. <br />i. Conflict of Interest. The Owner and CHT agrees to abide by the provisions of <br />24 CFR 570.611 with respect to conflicts of interest, and covenants that it presently has no <br />financial interest and shall acquire any financial interest, direct or indirect, that would conflict in <br />any manner or degree with the performance of services required under this Agreement. The <br />Owner and CHT further covenants that in performance of this Agreement no person having such <br />a financial interest shall be employed or retained by the Owner or CHT hereunder. These <br />
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