Common use of Requirement for Statutory Declaration Clause in Contracts

Requirement for Statutory Declaration. Following occupancy of the building, the Owner must provide the City with a statutory declaration in the form attached hereto as Schedule A-1 on the first business day of January each year, that declares that the Permitted Rent of the Affordable Rental Units and the Income Thresholds of the Income Tested Tenants who hold Tenancy Agreements for the Affordable Rental Units all meet the requirements found within this Housing Agreement.

Appears in 2 contracts

Sources: Housing Agreement, Housing Agreement