Agmt 2000 Alameda County etc - Laserfiche WebLink

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• 5. The City of Fremont will contribute $87,000 in CDBG funds for the acquisition and rehabilitation of the facility. 6. The City of San Leandro will contribute $54,675 in HOME funds for the acquisition and rehabilitation of the facility. 7. The PPJs will disburse their respective fiscal contributions pursuant to the approved project budget. • 8. The County of Alameda will act as lead agency in FESCO's rehabilitation of the project and will monitor during and after, the rehabilitation of the project. As such, it will, in compliance with appropriate Federal, State, and Local regulations, prepare all documents and undertake monitoring responsibilities required fix completion of the project, including regulations regarding Environmental Review and Relocation and Federal Labor standards. The City of Fremont and the City of San Leandro under a separate Deed of Trust(s) and Promissory Note(s), will provide partial acquisition financing. • 9. The County of Alameda, City of Fremont and the City of San Leandro shall have joint approval of work write up, budget, contractors, and progress payments. 10. The County of Alameda will keep all documents relating to the rehabilitation of the project readily accessible to the other PPJ for at least ten years from completion of the project. 11. The PPJs agree to the recording of one regulatory agreement against the property, that will be approved by the City of Fremont and the City of San Leandro, which will cover but not be limited to Occupancy Standards, Rent Restrictions, Reporting Requirements, Change of Use, and Property Disposition. The Regulatory Agreement shall be between the County of Alameda and FESCO. The PPJs authorize the County of Alameda to act in accordance with the regulatory agreement on their behalf. The County of Alameda will require that FESCO execute the Regulatory Agreement as a deed restriction recorded on the property. The County of Alameda shall monitor the performance of FESCO under the regulatory agreement . and shall be responsible for its enforcement in case of default. The County will notify the other Participating Public Jurisdictions of any failure by FESCO to act in accordance with the Regulatory Agreement. Amendments and alterations in the regulatory agreement may be made only by written consent of a designee from each PPJ. 12. The PPJs may at any time donate or sell any or all of their share in the acquisition or rehabilitation funds to another PPJ or FESCO. The value of these acquired shares will be valued at the original value of the contribution as determined by the PPPs percentage of participation in the project as defined in the regulatory agreement. 13. The County of Alameda agrees to hold harmless and indemnify the City of Fremont and the City of San Leandro, their officers, employees, and volunteers for any and all liability arising out of the County of Alameda's own negligent acts. •