Common use of Sincerely, Clause in Contracts

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]], (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]], [[Apart_County]] County, [[Apart_State]] (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] is paid in full. o Contractor acknowledges that [[PshipPartnership]] is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

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Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P., Series 7 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: ACN Southern Hills Partners II, L.P. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Colby Development Company, (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Oskaloosa, [[Apart_County]] Mahaska County, [[Apart_State]] Iowa (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] ACN Southern Hills Partners II, L.P. is paid in full. o Contractor acknowledges that [[PshipPartnership]] ACN Southern Hills Partners II, L.P. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings wiriness in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ENDED:____________________________,200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------OCCUPANCY INFORMATION

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Calico Terrace Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]The Xxxxxxx Group, (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Calico Rock, [[Apart_County]] Izard County, [[Apart_State]] Arkansas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Calico Terrace Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Calico Terrace Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ 200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's LetterheadCONTRACTOR'S LETTERHEAD] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 10 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx00000 Xxx Xxxx xxxxxx Xxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Attn: Xxxxx X. Xxxxxx Re: FDI-PM 2003, LTD. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]], ______________________ (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Pine Xxxxxxx Apartments located in [[Apart_City]]Prairie View, [[Apart_County]] Xxxxxx County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] FDI-PM 2003, LTD. is paid in full. o Contractor acknowledges that [[PshipPartnership]] FDI-PM 2003, LTD. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ : ------------------------------------ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight--------------------------------- Exhibit F TAX CREDIT COMPLIANCE MONITORING: ANNUAL CERTIFICATION As General Partner of FDI-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant PM 2003, LTD., I hereby certify as to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------following:

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: North Xxxxxxx Partners 99 Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Developers & Associates, Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Xxxxxxxx, [[Apart_County]] Xxxxxxx County, [[Apart_State]] South Dakota (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] North Xxxxxxx Partners 99 Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] North Xxxxxxx Partners 99 Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ 200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's LetterheadCONTRACTOR'S LETTERHEAD] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 11 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx00000 Xxx Xxxx xxxxxx Xxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Attn: Xxxxx X. Xxxxxx Re: FDI-WC 2003, LTD. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]], ______________________ (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Willowchase Apartments located in [[Apart_City]]Hempstead, [[Apart_County]] Xxxxxx County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] FDI-WC 2003, LTD. is paid in full. o Contractor acknowledges that [[PshipPartnership]] FDI-WC 2003, LTD. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ : ------------------------------- Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight---------------------------- TAX CREDIT COMPLIANCE MONITORING: ANNUAL CERTIFICATION As General Partner of FDI-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant WC 2003, LTD., I hereby certify as to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------following:

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: 000 Xxxx Xxxx Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Developers & Associates, Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Xxxxxxxxxx, [[Apart_County]] Xxxx County, [[Apart_State]] South Dakota (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] 000 Xxxx Xxxx Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] 000 Xxxx Xxxx Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ 200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P., Series 7 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Montrose Country Estates Limited Dividend Housing Association Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]CCC Construction, (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Montrose, [[Apart_County]] Genessee County, [[Apart_State]] Michigan (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Montrose Country Estates Limited Dividend Housing Association Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Montrose Country Estates Limited Dividend Housing Association Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:: _________________________________________ Title:: ________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ENDED:____________________________,200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------OCCUPANCY INFORMATION

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's LetterheadCONTRACTOR'S LETTERHEAD] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 11 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx00000 Xxx Xxxx xxxxxx Xxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Attn: Xxxxx X. Xxxxxx Re: FDI-BB 2003, LTD. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]], ______________________ (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Bayou Bend Apartments located in [[Apart_City]]Waller, [[Apart_County]] Xxxxxx County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] FDI-BB 2003, LTD. is paid in full. o Contractor acknowledges cknowledges that [[PshipPartnership]] FDI-BB 2003, LTD. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ : ------------------------ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight--------------------- Exhibit F TAX CREDIT COMPLIANCE MONITORING: ANNUAL CERTIFICATION As General Partner of FDI-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant BB 2003, LTD., I hereby certify as to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------following:

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P., Series 7 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: PartnersPierce Street Partners Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Developers & Associates, Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Xxxxxx Apartments, located in [[Apart_City]]Sioux City, [[Apart_County]] Woodbury County, [[Apart_State]] Iowa (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Xxxxxx Street Partners Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Xxxxxx Street Partners Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ENDED:____________________________,200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------OCCUPANCY INFORMATION

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's LetterheadCONTRACTOR'S LETTERHEAD] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 10 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx00000 Xxx Xxxx xxxxxx Xxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Attn: Xxxxx X. Xxxxxx Re: FDI-GM 2003, LTD. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]], ______________________ (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Willowchase Apartments located in [[Apart_City]]Hempstead, [[Apart_County]] Xxxxxx County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] FDI-GM 2003, LTD. is paid in full. o Contractor acknowledges that [[PshipPartnership]] FDI-GM 2003, LTD. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ : ---------------------------------- Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight------------------------------- Exhibit F TAX CREDIT COMPLIANCE MONITORING: ANNUAL CERTIFICATION As General Partner of FDI-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant GM 2003, LTD., I hereby certify as to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------following:

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holdings, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: XxXxxxxxx Housing Associates Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]ERC Construction Group, LLC, (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Chapel Ridge located in [[Apart_City]]McPherson, [[Apart_County]] XxXxxxxxx County, [[Apart_State]] Kansas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] XxXxxxxxx Housing Associates Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] XxXxxxxxx Housing Associates Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative-Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------:

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 EXHIBIT E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] CERTIFICATE [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI Series 12, L.P. c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]] Dear Re: Memphis 2004.0 LP Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Xxxxxx X. Xxxxxxx, Xx. dba Xxxxxxx Affordable Homes] (hereinafter referred to as "Contractor"), has furnished or through various contractors, sub-contractors, or material suppliers has contracted to furnish labor, services and/or materials to satisfy the Construction Contract (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Memphis, [[Apart_County]] Shelby County, [[Apart_State]] Tennessee (hereinafter known as the "Apartment HousingProject"). Any terms not defined herein shall have the meaning ascribed in the Amended and Restated Agreement of Limited Partnership of Memphis 2004.0 LP. Contractor makes the following representations representations, warranties and warranties covenants regarding the Work at the Apartment Housing. Project with full knowledge that the Limited Partner will rely on these representations, warranties and covenants as a condition to making its Capital Contribution payment to Memphis 2004.0 LP: o Work on said Apartment Housing Project has been performed and completed in accordance with the plans Plans and specifications Specifications for the Apartment HousingProject. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's placed in service Capital Contribution payment all amounts owed pursuant to Contractor, sub-contractor or material suppliers to complete the contract for Work performed for [[PshipPartnership]] is will be paid in full. o Contractor acknowledges that [[PshipPartnership]] Memphis 2004.0 LP is not in violation with of any terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in fullConstruction Contract. o Contractor acknowledges that the contract to be Construction Contract has been paid in full and releases any lien or right to lien against all liens for the above propertyWork have been released. EXHIBIT F The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) XXXXXX X. XXXXXXX, XX. DBA XXXXXXX AFFORDABLE HOMES By:______________: ___________________________ Title:Name: _____________________ Title: ____________________ EXHIBIT F-2 EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straightmid-line depreciation if required pursuant to the Agreementmonth. Real Property property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI Series 13, L.P. c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Fernwood Xxxxxxx Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]undersigned, G & T Construction, Inc., a Nevada corporation (hereinafter referred to as "Contractor"), has furnished or through various contractors, sub-contractors or material suppliers has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Fernwood Apartments located in [[Apart_City]]Fernley, [[Apart_County]] Lyon County, [[Apart_State]] Nevada (hereinafter known as the "Apartment Housing"). Any terms not defined herein shall have the meaning ascribed in the Amended and Restated Agreement of Limited Partnership of Fernwood Xxxxxxx Limited Partnership. Contractor makes the following representations representations, warranties and warranties covenants regarding the Work at the Apartment HousingHousing with full knowledge that the Limited Partner will rely on these representations, warranties and covenants as a condition to making its Capital Contribution payment to Fernwood Xxxxxxx Limited Partnership. o Work on said Apartment Housing has been performed and completed in accordance with the plans Plans and specifications Specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's placed in service Capital Contribution payment, all amounts owed pursuant to Contractor, sub-contractor or material suppliers to complete the contract for Work performed for [[PshipPartnership]] is will be paid in full. o Contractor acknowledges that [[PshipPartnership]] Fernwood Xxxxxxx Limited Partnership is not in violation with of any terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------Construction Contract.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] CERTIFICATE [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]] Dear Re: Xxxxxxx Meadow Associates, Ltd. Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Xxxxx Construction Company Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Glencoe, [[Apart_County]] Etowah County, [[Apart_State]] Alabama (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. : o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's completion of construction Capital Contribution payment all amounts owed to contractor pursuant to the contract for Work performed for [[PshipPartnership]] is Xxxxxxx Meadow Associates, Ltd. will be paid in full. If not paid in full, then Contractor will defer any amounts owed to it until receipt of the next Capital Contribution payment. o Contractor acknowledges that [[PshipPartnership]] Xxxxxxx Meadow Associates, Ltd. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all other parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges that the contract to be has been paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) [COMPANY NAME] By:____________: _____________________________ Title:Name: _____________________ Title: ____________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straightmid-line depreciation if required pursuant to the Agreementmonth. Real Property property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 9 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]] Dear Re: Preservation Partners III Limited Partnership Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Star General Contractor, L.L.C. (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Monmouth Manor Apartments located in [[Apart_City]]the City of Monmouth, [[Apart_County]] Xxxxxx County, [[Apart_State]] Illinois (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Partnership is not in violation with terms and conditions of the contractual construction documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) STAR GENERAL CONTRACTORS, L.L.C. By:___________: ______________________________ Title:____________________Name: ____________________ Title: ____________________ Exhibit F EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property property includes buildings and building improvements. Personal propertyProperty: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings wiring in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Recovery: Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced Exhibit G o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - buildings: the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter Water meter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings Exhibit G EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P., Series 7 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Hickory Lane Partners Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Developers & Associates, Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Sioux City, [[Apart_County]] Woodbury County, [[Apart_State]] Iowa (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Hickory Lane Partners Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Hickory Lane Partners Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ENDED:____________________________,200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------OCCUPANCY INFORMATION

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's LetterheadCONTRACTOR'S LETTERHEAD] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Attn: Xxxxx X. Xxxxxx Re: FDI-Country Square, LTD. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]LCJ Management, Inc. (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Country Square Apartments located in [[Apart_City]], [[Apart_County]] Xxxxxx County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] FDI-Country Square, LTD. is paid in full. o Contractor acknowledges that [[PshipPartnership]] FDI-Country Square, LTD. is not in violation with of the terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) LCJ Management, Inc. By:_________________________________________ : -------------------------------- Name: -------------------------------- Title:________________________________________ : -------------------------------- Exhibit F EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAMEFirm Name: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESSAddress: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITYCity, STATEState, ZIPZip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONEPhone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESSAddress: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITYCity, STATEState, ZIPZip: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGERResident Manager: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONEPhone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRMFirm: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESSAddress: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITYCity, STATEState, ZIPZip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONEPhone: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESSAddress: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITYCity, STATEState, ZIPZip: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONEPhone: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACTContact: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------- OCCUPANCY INFORMATION

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

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Sincerely,. E-1 EXHIBIT E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's LetterheadCONTRACTOR'S LETTERHEAD] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 11 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx00000 Xxx Xxxx xxxxxx Xxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Attn: Xxxxx X. Xxxxxx Re: FDI-CC 2003, LTD. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]], __________________ (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Cedar Cove Apartments located in [[Apart_City]]Sealy, [[Apart_County]] Austin County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] FDI-CC 2003, LTD. is paid in full. o Contractor acknowledges that [[PshipPartnership]] FDI-CC 2003, LTD. is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ : ----------------------------- Title:________________________________________ : -------------------------- EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real PropertyF TAX CREDIT COMPLIANCE MONITORING: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straightANNUAL CERTIFICATION As General Partner of FDI-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant CC 2003, LTD., I hereby certify as to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------following:

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI Series 13, L.P. c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Sierra's Run Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]undersigned, G & T Construction, Inc., a Nevada corporation (hereinafter referred to as "Contractor"), has furnished or through various contractors, sub-contractors or material suppliers has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Sierra Run Apartments located in [[Apart_City]]Fernley, [[Apart_County]] Lyon County, [[Apart_State]] Nevada (hereinafter known as the "Apartment Housing"). Any terms not defined herein shall have the meaning ascribed in the Amended and Restated Agreement of Limited Partnership of Sierra's Run Limited Partnership. Contractor makes the following representations representations, warranties and warranties covenants regarding the Work at the Apartment HousingHousing with full knowledge that the Limited Partner will rely on these representations, warranties and covenants as a condition to making its Capital Contribution payment to Sierra's Run Limited Partnership. o Work on said Apartment Housing has been performed and completed in accordance with the plans Plans and specifications Specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's placed in service Capital Contribution payment, all amounts owed pursuant to Contractor, sub-contractor or material suppliers to complete the contract for Work performed for [[PshipPartnership]] is will be paid in full. o Contractor acknowledges that [[PshipPartnership]] is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: 000 Xxxx Xxxx Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Developers & Associates, Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Xxxxxxxxxx, [[Apart_County]] Xxxx County, [[Apart_State]] South Dakota (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] 000 Xxxx Xxxx Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] 000 Xxxx Xxxx Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ENDED:____________________________,200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------OCCUPANCY INFORMATION

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI Series 12, L.P. c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Saltgrass Landing Apartments, Ltd. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Criscourt Construction, Inc., (hereinafter referred to as "Contractor"), has furnished or through various contractors, sub-contractors or material suppliers has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Rockport, [[Apart_County]] Aransas County, [[Apart_State]] Texas (hereinafter known as the "Apartment Housing"). Any terms not defined herein shall have the meaning ascribed in the Second Amended and Restated Agreement of Limited Partnership of Saltgrass Landing Apartments, Ltd. Contractor makes the following representations representations, warranties and warranties covenants regarding the Work at the Apartment Housing. Housing with full knowledge that the Limited Partner will rely on these representations, warranties and covenants as a condition to making its Capital Contribution payment to Saltgrass Landing Apartments, Ltd. o Work on said Apartment Housing has been performed and completed in accordance with the plans Plans and specifications Specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's placed in service Capital Contribution payment, all amounts owed pursuant to Contractor, sub-contractor or material suppliers to complete the contract for Work performed for [[PshipPartnership]] is will be paid in full. o Contractor acknowledges that [[PshipPartnership]] is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Head Circle, L.P. Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Southeastern Management Co., Inc., (hereinafter referred to as "Contractor"), has furnished or through various contractors, sub-contractors or material suppliers has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Ruleville, [[Apart_County]] Sunflower County, [[Apart_State]] Mississippi (hereinafter known as the "Apartment Housing"). Any terms not defined herein shall have the meaning ascribed in the Amended and Restated Agreement of Limited Partnership of Head Circle, L.P. Contractor makes the following representations representations, warranties and warranties covenants regarding the Work at the Apartment Housing. Housing with full knowledge that the Limited Partner will rely on these representations, warranties and covenants as a condition to making its Capital Contribution payment to Head Circle, L.P. o Work on said Apartment Housing has been performed and completed in accordance with the plans Plans and specifications Specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's placed in service Capital Contribution payment, all amounts owed pursuant to Contractor, sub-contractor or material suppliers to complete the contract for Work performed for [[PshipPartnership]] is will be paid in full. o Contractor acknowledges that [[PshipPartnership]] Head Circle, L.P. is not in violation with of any terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in fullConstruction Contract. o Contractor acknowledges the contract to be Construction Contract has been paid in full and releases any lien or right to lien against all liens for the above propertyWork have been received. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:______: ___________________________________ Title:________: ________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreementmonth. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreementestate. Personal property related to commercial space must use a 7-year recovery period using mid mid-year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Recovery: Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreementbalance. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer development fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - buildings: the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------H

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] CERTIFICATE [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]] Dear Re: Oakview Terrace Townhomes Limited Partnership Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]TDJ Construction, Inc. (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Oakview Terrace Townhomes located in [[Apart_City]]North Branch, [[Apart_County]] Chisago County, [[Apart_State]] Minnesota (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. : o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's completion of construction Capital Contribution payment all amounts owed to contractor pursuant to the contract for Work performed for [[PshipPartnership]] is Oakview Terrace Townhomes Limited Partnership will be paid in full. If not paid in full, then Contractor will defer any amounts owed to it until receipt of the next Capital Contribution payment. o Contractor acknowledges that [[PshipPartnership]] Oakview Terrace Townhomes Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all other parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges that the contract to be has been paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) TDJ Construction, Inc. By:_________________________________________ Title:_____________________Name: ___________________ Title: ___________________ Exhibit F EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straightmid-line depreciation if required pursuant to the Agreementmonth. Real Property property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P., Series 9 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]] Dear Re: Mendota I Limited Partnership Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Star General Contractors, L.L.C. (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as _______________ Apartments located in ____________ located in [[Apart_City]], [[Apart_County]] County, [[Apart_State]] Illinois (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Partnership is not in violation with terms and conditions of the contractual construction documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) Exhibit F STAR GENERAL CONTRACTORS, L.L.C. By:_________________________________________ Title:____________________Name: ____________________ Title: ____________________ Exhibit F EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property property includes buildings and building improvements. Personal propertyProperty: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings wiring in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Exhibit G Land improvements Cost Recovery - Recovery: Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - buildings: the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter Water meter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves Exhibit G o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings Exhibit G EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 3158 Redhill Avenue, Suitx 000 Xxxxx Xxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]Xx: [Xxxxect Name] Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]Contractor Name], (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]CITY, [[Apart_County]] COUNTY County, [[Apart_State]] STATE (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. ([NAME OF COMPANY) ] By:_________________________________________ Title:____________________Name: ____________________ Title: ____________________ Exhibit F EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property property includes buildings and building improvements. Personal propertyProperty: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings wiring in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Exhibit G Land improvements Cost Recovery - Recovery: Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - buildings: the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter Water meter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings Exhibit G EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P., Series 6 c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Xxxxxx Partnership 99 Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Developers & Associates, Inc., (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Xxxxxx, [[Apart_County]] Xxxxxxx Mix County, [[Apart_State]] South Dakota (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Xxxxxx Partnership 99 Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Xxxxxx Partnership 99 Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:_________________________________________ Title:________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ ENDED:____________________________,200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------- G-1

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Sincerely,. E-1 EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Holding, LLC c/o WNC & Associates, Inc. 0000 Xxxxxxx Xxxxxx Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Re:[[PshipPartnership]] Re: Saw Mill Creek II Limited Dividend Housing Association Limited Partnership Dear Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]CCC Construction, (hereinafter referred to as "Contractor"), has furnished or has contracted to furnish labor, services and/or materials (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ located in [[Apart_City]]Vicksburg, [[Apart_County]] Kalamazoo County, [[Apart_State]] Michigan (hereinafter known as the "Apartment Housing"). Contractor makes the following representations and warranties regarding Work at the Apartment Housing. o Work on said Apartment Housing has been performed and completed in accordance with the plans and specifications for the Apartment Housing. o Contractor acknowledges that all amounts owed pursuant to the contract for Work performed for [[PshipPartnership]] Saw Mill Creek II Limited Dividend Housing Association Limited Partnership is paid in full. o Contractor acknowledges that [[PshipPartnership]] Saw Mill Creek II Limited Dividend Housing Association Limited Partnership is not in violation with terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in full. o Contractor acknowledges the contract to be paid in full and releases any lien or right to lien against the above property. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) By:: _________________________________________ Title:: ________________________________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation Alternative Depreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDED: ____________________, 200__ 200X ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Sincerely,. E-1 Exhibit E EXHIBIT F TO THE PARTNERSHIP AGREEMENT [CONTRACTOR'S CERTIFICATE] CERTIFICATE [Contractor's Letterhead] _______________, 200____ [[WNCs_Partnership_Name]] WNC Housing Tax Credit Fund VI, L.P. Series 11 c/o WNC & Associates, Inc. 0000 Xxxxxxx 00000 Xxx Xxxx Xxxxxx Xxxxx 000 Xxxxx XxxxXxxxxx, Xxxxxxxxxx XX 00000 Re:[[PshipPartnership]] Dear Re: Staples Square Apartments Limited Partnership Ladies and Gentlemen: The undersigned [[General_Contractor_Company_Name]]Voronyak Builders, Inc. (hereinafter referred to as "Contractor"), has furnished or through various contractors, sub-contractors, or material suppliers has contracted to furnish labor, services and/or materials to satisfy the Construction Contract (hereinafter collectively referred to as the "Work") in connection with the improvement of certain real property known as __________________ Staples Square Apartments located in [[Apart_City]]Staples, [[Apart_County]] Wadena County, [[Apart_State]] Minnesota (hereinafter known as the "Apartment Housing"). Any terms not defined herein shall have the meaning ascribed in the Amended and Restated Agreement of Limited Partnership of Staples Square Apartments Limited Partnership. Contractor makes the following representations representations, warranties and warranties covenants regarding the Work at the Apartment Housing. Housing with full knowledge that the Limited Partner will rely on these representations, warranties and covenants as a condition to making its Capital Contribution payment to Staples Square Apartments Limited Partnership: o Work on said Apartment Housing has been performed and completed in accordance with the plans Plans and specifications Specifications for the Apartment Housing. o Contractor acknowledges that upon the Partnership's receipt of the Limited Partner's placed in service Capital Contribution payment all amounts owed pursuant to Contractor, sub-contractor or material suppliers to complete the contract for Work performed for [[PshipPartnership]] is will be paid in full. o Contractor acknowledges that [[PshipPartnership]] Staples Square Apartments Limited Partnership is not in violation with of any terms and conditions of the contractual documents related to the Apartment Housing. o Contractor warrants that all parties who have supplied Work for improvement of the Apartment Housing have been paid in fullConstruction Contract. o Contractor acknowledges that the contract to be Construction Contract has been paid in full and releases any lien or right to lien against all liens for the above propertyWork have been released. The undersigned has personal knowledge of the matters stated herein and is authorized and fully qualified to execute this document on behalf of the Contractor. (NAME OF COMPANY) Exhibit F VORONYAK BUILDERS, INC. By:_________________________________________ Title:____________________Name: ____________________ EXHIBIT G TO THE PARTNERSHIP AGREEMENT DEPRECIATION SCHEDULE Real Property: Use Modified Accelerated Cost Recovery System ("MACRS") 27.5 year straight-line depreciation using the mid month convention or use MACRS AlternativeDepreciation System ("ADS") 40 year straight-line depreciation if required pursuant to the Agreement. Real Property includes buildings and building improvements. Personal property: Use 5-year recovery period using mid-year 200% declining balance, if it relates to residential real estate or use MACRS Alternative Depreciation System ("ADS") 12 year straight-line depreciation if required pursuant to the Agreement. Personal property related to commercial space must use a 7-year recovery period using mid year 200% declining balance. The following costs have a 5-year recovery period: o Removable appliances (not central climate control system equipment or water heaters) o Draperies, blinds and shades, if they would be reusable if removed o Carpeting, if its removal would not destroy the underlying floor o Vinyl flooring, if its removal would be easy and not destroy the underlying floor o Common area furnishings o Photocopy equipment o Calculators, adding machines o Typewriters o Computers o Wall coverings, if their removal would not destroy the underlying wall o Exit signs o Security systems (not fire protection system, sprinkler system, smoke detectors, or fire escapes) o Outdoor security lighting (not parking lot lighting) o Fire extinguishers o Decorative lighting and sconces (not light fixtures for central lighting) o Outdoor decorative lighting, such as that lighting signs o Telephone systems o Corridor handrails (not bathroom or stairway) o Raised floors to accommodate wirings in computer rooms The following costs have a 7-year recovery period with a mid year 200% declining balance: o Office furnishings o Cabinets and shelving o Bulletin boards o Conference or meeting room movable partitions A percentage of the development fee is also allowed in personal property. The percentage is calculated by taking the ratio of personal property cost, excluding development fee, to total development costs and multiplying the development fee by the calculated ratio. Land improvements Cost Recovery - Use 15-year recovery period using mid-year 150% declining balance or use MACRS Alternative Depreciation System ("ADS") 20 year straight-line depreciation if required pursuant to the Agreement. The following costs have a 15-year recovery period. Items allowed in this section are costs attributable to excavation, grading, and removing soil necessary to the proper setting of buildings. Other costs allowable in this section are as follows: o Roads and sidewalks o Concrete work (curb and gutter) o Fencing o Landscaping (including, but not limited to, trees and shrubs) around the building which would be destroyed if the building were replaced o Decorative walls which are part of the landscaping o Parking lot (resurfacing it later is deducted as an expense) o Initial parking lot striping (restriping it later is deducted as an expense) o Street lights and signs o Signs which identify the property or provide directions o Parking lot lighting (not outdoor security lighting) o Playground equipment o Basketball court and backboard o Tennis courts o Swimming pools o Jogging trails o Flag pole o Wastewater treatment plant and lift station to handle raw sewage o Interest expense capitalized and related to any of the above costs o The prorata portion of the general contractor/construction company profit, overhead, and general requirements and conditions allocable to items with a 15-year cost recovery period o The prorata portion of the developer fee, profit and overhead allocable to items with a 15-year cost recovery period Recovery of costs of sanitary sewer system and water utility/distribution system, including the sewer system outside the buildings - the following costs have a 20-year recovery period - 150% declining balance mid-year convention. o Fire hydrants o Manhole rings and covers o Watermeter o Gate valves o Flushing hydrants o Cast iron fittings o Valve boxes o Air release valves o Tapping sleeves o PVC water pipe (outside) o PVC sewer pipe (outside) o PVC sewer fittings EXHIBIT H TO THE PARTNERSHIP AGREEMENT REPORT OF OPERATIONS QUARTER ENDEDTitle: ____________________, 200__ ------------------------------------- ----------------------------------- LOCAL PARTNERSHIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- GENERAL PARTNER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PROPERTY NAME: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ----------------------------------- ------------------------------------- ----------------------------------- RESIDENT MANAGER: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ACCOUNTANT: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- FIRM: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------ ----------------------------------- MANAGEMENT COMPANY ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- ADDRESS: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CITY, STATE, ZIP: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- PHONE: ------------------------------------- ----------------------------------- ------------------------------------- ----------------------------------- CONTACT: ------------------------------------- ----------------------------------- -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

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