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RDA Agmt 1996 Batarse Family Trust etc
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RDA Agmt 1996 Batarse Family Trust etc
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Last modified
8/22/2013 2:04:41 PM
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9/27/2012 3:56:11 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
10/7/1996
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PERM
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RDA Agmt 1997 Batarse Family Trust etc
(Reference)
Path:
\City Clerk\City Council\Agreements\1997
RDA Reso 1996-033
(Approved by)
Path:
\City Clerk\City Council\Resolutions\1996
Reso 1996-167
(Approved by)
Path:
\City Clerk\City Council\Resolutions\1996
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through the lessee establish or permit any such practice or <br /> practices of discrimination or segregation with reference to the <br /> selection, location, number, use or occupancy of tenants, lessees, <br /> sublessees, subtenants, or vendees in the land herein leased." <br /> (c) In Contracts: <br /> • <br /> 'There shall be no discrimination against or segregation of any <br /> person or group of persons on account of race, color, religion, <br /> creed, sex, marital status, ancestry or national origin in the sale, <br /> lease, sublease, transfer, use, occupancy, tenure or enjoyment of <br /> the property nor shall the transferee or any person claiming under <br /> or through the transferee establish or permit any such practice or <br /> practices of discrimination or segregation with reference to <br /> selection, location, number, use or occupancy of tenants, lessee, <br /> subtenants, sublessees or vendees of the land." <br /> 1.03 Contents of Grant Deed. <br /> Any Grant Deed from the Agency shall contain the covenants set forth in <br /> Section 1.02 of this Part and such conditions of approval imposed by the City as are <br /> required to be contained in the Grant Deed. <br /> Article Two: SECURITY FINANCING AND RIGHTS OF HOLDERS <br /> • <br /> 2.01 No Encumbrances Except for Development Purposes. <br /> Notwithstanding any other provision of this Agreement, mortgages and deeds <br /> of trust, or any other reasonable method of security (including assignment of leases or <br /> ground to a lender as security for a loan), are permitted to be placed upon the <br /> Property before the Certificate of Completion has been issued by the Agency, but <br /> only for the purpose of securing loans of funds to be used for financing the <br /> acquisition of the Property and/or the design, and construction of Improvements and • <br /> any other expenditures reasonably necessary and appropriate to develop the Property <br /> under this Agreement. The Developer shall promptly notify the Agency of any <br /> • mortgage, deed of trust, sale and lease -back or other financing, conveyance, <br /> • encumbrance or lien that has been or will be created or attached to the Property. <br /> The words "mortgage" and "deed of trust" as used herein include all other appropriate <br /> Disposition and Development Page 29 of 39 <br /> Agreement (Automall) <br /> 10/2/96 <br /> • <br />
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