Examples of BMR Units in a sentence
The City and Developer would not be willing to enter into this Agreement without the understanding and agreement that Xxxxx-Xxxxxxx Act provisions set forth in California Civil Code section 1954.52(a) do not apply to the BMR Units as a result of the exemption set forth in California Civil Code section 1954.52(b) for the reasons set forth in this Section 5.12.
The BMR Units shall be intermixed and dispersed throughout the Project in locations approved by the Planning Department, and will be generally indistinguishable in appearance from other units in that building.
Developer shall include the provisions of this Section 5.12 in any and all assignment and assumption agreements, and any and all recorded restrictions, for any portion of the Project Site that includes or will include BMR Units.
Developer, on behalf of itself and all of its successors and assigns of all or any portion of the Project Site, agrees not to challenge and expressly waives, now and forever, any and all rights to challenge the Recorded Restrictions or the requirements of this Agreement related to the applicability of the Housing Program to the BMR Units as set forth in the Housing Plan under the Xxxxx-Xxxxxxx Act (as the Xxxxx-Xxxxxxx Act may be amended or supplanted from time to time).
The BMR Units and other units in the Building with the same household size shall be substantially similar in size, type, amenities and overall quality of construction, as further described in the Manuals.
The Parties shall implement the affordable housing requirements and provide the BMR Units in accordance with the provisions of Planning Code section 415 et seq., and the Housing Manuals, except for (i) the range of income eligible households described in Section 1 above, and (ii) any updates or changes that would be a Material Change under this Agreement.
Except as otherwise approved by City’s Planning Department, the BMR Units will comply with Xxxxxx Administrator Bulletin No. 10 as updated from time to time unless such compliance proves reasonably unavoidable.
The Parties agree that the Xxxxx-Xxxxxxx Act does not and in no way shall limit or otherwise affect the restriction of rental charges for the BMR Units, consistent with the Housing Program and Recorded Restrictions.
All BMR Units will be wired for telephone, cable, and internet access, together with any new technology installed by the Developer in the other units in the Building.