Common use of Monitoring and Recordkeeping Clause in Contracts

Monitoring and Recordkeeping. Throughout the Affordability Period, Developer shall comply with all applicable recordkeeping and monitoring requirements set forth in Section 92.508 (or successor regulation) of the HOME Regulations and shall annually complete and submit to City and the Authority a Certification of Continuing Program Compliance in the form provided by the City and the Authority. Representatives of the City and the Authority shall be entitled to enter the Property, upon at least twenty-four (24) hours notice, to monitor compliance with this Agreement, to inspect the records of the Property, and to conduct an independent audit or inspection of such records. The Developer agrees to cooperate with the City and the Authority in making the Property available for such inspection or audit. If for any reason the City or the Authority is unable to obtain the Developer’s consent to such an inspection or audit, the Developer understands and agrees that the City and/or the Authority may obtain at Developer’s expense an administrative inspection warrant or other appropriate legal order to obtain access to and search the Property. Developer agrees to maintain records in businesslike manner, and to maintain such records for the term of this Agreement.

Appears in 3 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement, Affordable Housing Agreement

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Monitoring and Recordkeeping. Throughout the Affordability Period, Developer shall comply with all applicable recordkeeping and monitoring requirements set forth in Section 92.508 (or successor regulation) of the HOME Regulations and Health and Safety Code Section 33418 and shall annually complete and submit to City and the Authority a Certification of Continuing Program Compliance in the form provided by the City and the Authority. Representatives of the City and the Authority shall be entitled to enter the Property, upon at least twenty-four (24) hours notice, to monitor compliance with this Agreement, to inspect the records of the Property, and to conduct an independent audit or inspection of such records. The Developer agrees to cooperate with the City and the Authority in making the Property available for such inspection or audit. If for any reason the City or the Authority is unable to obtain the Developer’s consent to such an inspection or audit, the Developer understands and agrees that the City and/or the and Authority may obtain at Developer’s expense an administrative inspection warrant or other appropriate legal order to obtain access to and search the Property. Developer agrees to maintain records in businesslike manner, and to maintain such records for the term of this Agreement.

Appears in 3 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement, Affordable Housing Agreement

Monitoring and Recordkeeping. Throughout the Affordability Period, Developer shall comply with all applicable recordkeeping and monitoring requirements set forth in Section 92.508 (or successor regulation) of the HOME Regulations and shall annually complete and submit to City and the Authority a Certification of Continuing Program Compliance in the form provided by the City and the Authority. Representatives of the City and the Authority shall be entitled to enter the Property, upon at least twenty-four (24) hours notice, to monitor compliance with this Agreement, to inspect the records of the Property, and to conduct an independent audit or inspection of such records. The Developer agrees to cooperate with the City and the Authority in making the Property available for such inspection or audit. If for any reason the City or the Authority is unable to obtain the Developer’s consent to such an inspection or audit, the Developer understands and agrees that the City and/or the Authority may obtain at Developer’s expense an administrative inspection warrant or other appropriate legal order to obtain access to and search the Property. Developer Xxxxxxxxx agrees to maintain records in businesslike manner, and to maintain such records for the term of this Agreement.

Appears in 2 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement

Monitoring and Recordkeeping. Throughout the Affordability Period, Developer shall comply with all applicable recordkeeping and monitoring requirements set forth in Section 92.508 (or successor regulation) of the HOME Regulations and Health and Safety Code Section 33418 and shall annually complete and submit to City and the Authority a Certification of Continuing Program Compliance in the form provided by the City and the Authority. Representatives of the City and the Authority shall be entitled to enter the Property, upon at least twenty-four (24) hours notice, to monitor compliance with this Agreement, to inspect the records of the Property, and to conduct an independent audit or inspection of such records. The Developer agrees to cooperate with the City and the Authority in making the Property available for such inspection or audit. If for any reason the City or the Authority is unable to obtain the Developer’s consent to such an inspection or audit, the Developer understands and agrees that the City and/or the and Authority may obtain at Developer’s expense an administrative inspection warrant or other appropriate legal order to obtain access to and search the Property. Developer Xxxxxxxxx agrees to maintain records in businesslike manner, and to maintain such records for the term of this Agreement.

Appears in 2 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement

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Monitoring and Recordkeeping. Throughout the Affordability Period, Developer shall comply with all applicable recordkeeping and monitoring requirements set forth in Section 92.508 (or successor regulation) of the HOME Regulations and Health and Safety Code Section 33418 and shall annually complete and submit to City and the Authority Agency a Certification of Continuing Program Compliance in the form provided by the City and the AuthorityAgency. Representatives of the City and the Authority Agency shall be entitled to enter the Property, upon at least twenty-four (24) hours notice, to monitor compliance with this Agreement, to inspect the records of the Property, and to conduct an independent audit or inspection of such records. The Developer agrees to cooperate with the City and the Authority Agency in making the Property available for such inspection or audit. If for any reason the City or the Authority Agency is unable to obtain the Developer’s consent to such an inspection or audit, the Developer understands and agrees that the City and/or the Authority and Agency may obtain at Developer’s expense an administrative inspection warrant or other appropriate legal order to obtain access to and search the Property. Developer agrees to maintain records in businesslike manner, and to maintain such records for the term of this Agreement.

Appears in 1 contract

Samples: Affordable Housing Agreement

Monitoring and Recordkeeping. Throughout the Affordability Period, Developer shall comply with all applicable recordkeeping and monitoring requirements set forth in Section 92.508 (or successor regulation) of the HOME Regulations and shall annually complete and submit to City and the Authority Agency a Certification of Continuing Program Compliance in the form provided by the City and the AuthorityAgency. Representatives of the City and the Authority Agency shall be entitled to enter the Property, upon at least twenty-four (24) hours notice, to monitor compliance with this Agreement, to inspect the records of the Property, and to conduct an independent audit or inspection of such records. The Developer agrees to cooperate with the City and the Authority Agency in making the Property available for such inspection or audit. If for any reason the City or the Authority Agency is unable to obtain the Developer’s consent to such an inspection or audit, the Developer understands and agrees that the City and/or the Authority Agency may obtain at Developer’s expense an administrative inspection warrant or other appropriate legal order to obtain access to and search the Property. Developer agrees to maintain records in businesslike manner, and to maintain such records for the term of this Agreement.

Appears in 1 contract

Samples: Affordable Housing Agreement

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