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., <br />year, the effective date of such rent increases and a copy of the <br />federally published median income date and calculations or other <br />justifications upon which such rent increases were based. <br />d. A listing, by unit number, of which units were <br />occupied by, or reserved for, 1©wer-income households during the <br />reporting period. <br />e. A calculation of the percentage of designated <br />lower-income units which were vacant on the Anniversary Date. <br />f. A statement that to the knowledge of the Developer <br />no default has occurred under this Agree~ent. <br />7. Further Investigation. ICI <br />Upon receipt of the Annual Repot, the City's Director <br />of Planning and Community Development ("nirector") shall file the <br />Annual Report, and may undertake further,`investigation as deemed <br />appropriate. If any such further invest}gation reveals possible <br />violations of the terms of this Agreement, the Director shall <br />issue a Notice of Noncompliance to the Developer specifying the <br />basis for any alleged violation of this Agreement. If the <br />Developer and the Director cannot resolve the matter, then the <br />Developer shall be given notice and opportunity to respond before <br />the City Council. ~I <br />8. Remedies for Noncompliance. <br />If the City Council, after noti~e and hearing, shall <br />find on the basis of substantial evidenc~ that the Developer has <br />not complied with the terms of this Agreement, then, in addition <br />to enforcing its other rights at law or in equity, the City may <br />act as follows: <br />- 6 - <br />