Development Updates and Agreement Implementation Sample Clauses
Development Updates and Agreement Implementation. In order for the Implementation Committee to track implementation of this Agreement, Developer shall provide information when such information becomes known to the Developer to the Implementation Committee on the following:
10.4.1 City approval review schedules, including dates and time of any review or public hearing on the Project, where Coalition Organizations will provide support under Article 2;
10.4.2 Updates on major site plan revisions, including scale of the Project, number of units, and a change of any dwelling units from rental to ownership;
10.4.3 Progress of the development of the Project, including any changes in timelines, delays in construction and lease-up and cost overruns;
10.4.4 All reports and data to show compliance with the terms of this Agreement, including affordable housing covenants, complaints received from residents and Developer’s responses, plans and designs, and all other matters related to the implementation of this Agreement.
10.4.5 Copies of any and all agreements subject to the provisions of Article 14.3 (Implementation Through Relevant Contracts).
Development Updates and Agreement Implementation. In order for the Implementation Committee to track implementation of this Agreement, the Owner shall provide timely information on a regular basis to LCC on the following:
1. Governmental regulatory review schedules, including dates and times of any regulatory review of the Development, where LCC will be required to provide support under Article 11.
2. Updates on major site plan revisions, including scale of the Development, number of units, and change from rental to ownership;
3. Progress of the Development, including any changes in timelines, delays in construction and lease-up, and cost overruns.
4. Sources and use budgets listing funders for all affordable housing units, copies of applications for affordable housing funding, and information on changes to the mix of affordable and market rate rental units.
5. Copies of reports submitted to all funders of affordable housing units and reports submitted to the State of Minnesota, Hennepin County, and the City of Minneapolis on the Development.
6. All reports and information to show compliance with the terms of this Agreement, including Green Building Certification, affordable housing certificates, hazardous substance reports, complaints received from residents and Owner’s responses, plans and designs, and all other matters related to implementation of this Agreement.