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RES 2024040
City of Pleasanton
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CITY CLERK
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RES 2024040
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6/18/2024 4:24:22 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
6/4/2024
DESTRUCT DATE
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<br />4879-3324-5885v3 <br />18 <br />shall be consistent with federal and state law, and a written copy of which shall be <br />provided to each tenant upon occupancy; <br /> <br />(m) A requirement that there be no storage on balconies and patios and that <br />tenants must keep all balconies, patios and other exterior areas neat, clean and clutter <br />free, including no clotheslines or laundry; <br /> <br />(n) A parking management plan which details, among other things, how <br />parking spaces will be assigned, how guest parking will be handled and how parking will <br />be managed to encourage tenants to use their assigned parking spaces; <br /> <br />(o) Procedures for maintenance and management of the Project; <br /> <br />(p) Procedures for dealing with tenant or neighborhood issues or concerns; <br /> <br />(q) Procedures for maintaining a reserve account, budgeting for maintenance <br />and repair needs as well as long-term rehabilitation needs, and handling net cash flow; <br />and <br />(r) Such other requirements and criteria/procedures as City may reasonably <br />determine appropriate. <br /> <br />6.6 Approval of Amendments. If City has not responded to any submission of the <br />Property Management Plan, the Marketing Plan, the proposed management entity, the proposed <br />management agreement, or a proposed amendment or change to any of the foregoing within sixty <br />(60) days following City’s receipt of such plan, proposal, agreement or amendment, the plan, <br />proposal, agreement, or amendment shall be deemed approved by City. <br /> 6.7 Fees, Taxes, and Other Levies. Owner shall be responsible for payment of all fees, <br />assessments, taxes, charges, liens and levies applicable to the Property or the Project, including <br />without limitation possessory interest taxes, if applicable, imposed by any public entity, and shall <br />pay such charges prior to delinquency. However, Owner shall not be required to pay any such <br />charge so long as (a) Owner is contesting such charge in good faith and by appropriate <br />proceedings, (b) Owner maintains reserves adequate to pay any contested liabilities, and (c) on <br />final determination of the proceeding or contest, Owner immediately pays or discharges any <br />decision or judgment rendered against it, together with all costs, charges and interest. The <br />foregoing is not intended to impair Owner’s ability to apply for any applicable exemption from <br />property taxes or other assessments and fees. <br /> <br />6.8 Insurance Coverage. Throughout the Term, Owner shall comply with the insurance <br />requirements set forth in Exhibit B, and shall, at Owner’s expense, maintain in full force and effect <br />insurance coverage as specified in Exhibit B. <br /> <br />6.9 Property Damage or Destruction. If any part of the Project is damaged or <br />destroyed, Owner shall repair or restore the same, consistent with the occupancy and rent <br />restriction requirements set forth in this Agreement. Such work shall be commenced as soon <br />as reasonably practicable after the damage or loss occurs and shall be completed within one
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