The Proponent shall Clause Samples

The Proponent shall. (a) proceed diligently with the development of the Project; (b) provide a sworn Start of Construction Affidavit, substantially in the form of the affidavit attached hereto as Schedule "D" within XXXX (XX) days of execution of this Agreement; (c) obtain and provide the City with a copy of the first building permit for the Development within XXXX (XX) days of the issuance of the permit; (d) provide a copy of the final set of drawings and specifications for the Project incorporating all compliance requirements of the City’s Building Division and following the City’s Affordable Rental Housing Design Guidelines, where appropriate, within XXXX (XX) days of execution of this Agreement; (e) at the time the Start of Construction Affidavit is provided, insurance requirements set out in Article 12 hereof shall be true and correct and the Proponent shall have delivered a certificate or certificates to such effect; (f) at the time the Start of Construction Affidavit is provided, the Proponent shall have provided the City with a signed commitment for the first mortgage for construction financing, satisfactory to the City; (g) ensure Substantial Completion of the Project is reached by no later than [insert date], or such other date as determined by the Executive Director, Housing Secretariat acting reasonably; (h) comply with all applicable federal, provincial and municipal laws, regulations and by-laws; (i) no later than six (6) months prior to First Occupancy, have an Access Plan approved by the Executive Director, Housing Secretariat; (j) comply with the requirement in Section 4.5 within thirty (30) days of the date of First Occupancy; (k) ensure all Affordable Housing Units and/or Units [WHERE APPLICABLE] RGI Units meet the size requirements of the Affordable Housing Design Guidelines, unless otherwise approved in writing by the Executive Director, Housing Secretariat; (l) provide quarterly reports to the Executive Director, Housing Secretariat, from the date this Agreement is signed until First Occupancy, setting out construction progress, projected date of First Occupancy, and such other information requested or required by the City, acting reasonably; and (m) provide such information, within ten (10) days of such written request, with respect to the Project, such as construction progress, projected date of First Occupancy, as requested or required by the City, acting reasonably, from time to time.

The Proponent shall. 1. Implement the approved livelihood project above-mentioned appended hereto as Annex “A”, which forms an integral part of this Agreement, in accordance with the approved project objectives, standards, systems and procedures for project implementation, time schedule,

The Proponent shall. (a) proceed diligently with the development of the Project; (b) ensure Substantial Completion of the Project is reached by no later than XXXXXXX, or such other date as determined by the Director, Affordable Housing acting reasonably; (c) comply with all applicable federal, provincial and municipal laws, regulations and by-laws; (d) no later than six (6) months prior to First Occupancy, provide the Director, Housing Stability Services with an Access Plan for review and approval (e) no later than sixty (60) days prior to First Occupancy, provide the Director, Housing Stability Services with a Proponent’s Initial Occupancy Report, in the form of the report attached as Schedule “A”; or in a form designated by the Director, Housing Stability Services; and (f) provide such information, within ten (10) days of such request, with respect to the Project, such as construction progress, projected first occupancy date, as requested or required by the City, acting reasonably, from time to time.

The Proponent shall. (a) take commercially reasonable steps, when entering into a tenancy agreement for a Unit, to confirm that the tenant has a Household Income that does not exceed the Initial Income Limit determined in accordance with the City’s Affordable Rental Housing Eligibility and Income Verification Guide and in a form acceptable to the Director, Housing Stability Services; (b) participate in the City's Housing Access System in accordance with the terms of the Proponent's Access Plan to be approved by the Director, Housing Stability Services no later than six (6) months prior to First Occupancy; (c) no later than sixty (60) days prior to First Occupancy, provide the City with a Depth of Affordability Report, in the form of the report attached as Schedule “A”; or in a form designated by the Director, Housing Stability Services; (d) ensure that no Unit will be rented to the Proponent or shareholder or director of the Proponent, or any individual not at arm’s length to the Proponent, shareholder or director of the Proponent unless the Proponent is a non- profit co-operative, as defined in the Co-operative Corporations Act, R.S.O. 1990, c. C.35, as amended, or is a not-for-profit corporation (e) ensure that up to twenty percent (20%) of the Units are available to tenants in receipt of Housing Benefits, as available; (f) establish a capital asset replacement reserve fund for the Project and pay into the reserve fund in each year of the Affordability Period the amount of six (6%) per cent of the gross revenues for the Project or such lesser amount as agreed to by the Director in his absolute discretion, acting reasonably. Annual contributions to the reserve fund shall be in addition to any interest earned by the reserve fund. Interest earned in the fund is to accrue in the fund; (g) manage the Project in a fiscally responsible manner including ensuring that: (i) a deficit is not incurred in any year without the approval of the Director, Housing Stability Services, which approval shall not be unreasonably withheld; and (ii) no expenditure is made which is of a material and excessive nature having regard to the normal practice for a similar housing project; (h) in each year of the Affordability Period and at least ninety (90) days prior to the start of each year, provide the Director, Housing Stability Services with its annual budget for the Project for the next following year; (i) manage the Project so that the following occupancy standards are observed when entering into a...

The Proponent shall. 1. Contract with the Prime Consultant to conduct the NEPA analysis and documentation in accordance with Forest Service standards. 2. Designate a single-point contact for interaction with the Prime Consultant and the Forest Service on all matters that concern the NEPA review of the Project. 3. Develop and execute a contract with a Prime Consultant to cover all costs associated with the NEPA review of the Project, with the exception of those related to the ROD. The Proponent will be responsible for all costs and any continuing costs incurred by the Prime Consultant until the contract has expired or is terminated by the Proponent. 3/5/2008 4. Prior to awarding the contract, ensure that all Consultant staff and those of its sub-contractors sign a “Conflict of Interest” or “Disclosure Statement” that confirms that individuals and the Consultant do not have any interest, financial or otherwise, in the outcome of the project. A copy of signed statements will be provided to the Forest Service prior to the initiation of the NEPA review. 5. Incorporate the specifications listed in Attachment 1 into its contract with the Prime Consultant, including a requirement that the Prime Consultant and any subcontractors shall not conduct public surveys or questionnaires without prior approval of the Forest Service.