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.
Appears in 1 contract
Sources: Contribution Agreement
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 eighteen (XX18) days months of execution of this Agreement;
(c) obtain and provide the City with a copy of the first building permit for the Development within XXXX ten (XX10) 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 ten (XX10) days of execution of this Agreementobtaining the first building permit for the Development;
(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.
Appears in 1 contract
Sources: Offer to Lease