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99315159 <br /> SECTION 6. -PROPERTY MANAGEMENT <br /> The Recipient shall maintain the property in good condition, good repair, and <br /> free of trash, weeds, and other debris. No items shall be stored in those areas <br /> designated as open space or for parking. Recipient shall not substantially subtract <br /> from any real or personal property of the Project nor demolish any part of the <br /> Property without prior written approval from City, except normal maintenance and <br /> repair. City has the right to inspect the interior of the Property with forty-eight (48) <br /> hours advance notice and the exterior of the Property with no advance notice. <br /> Recipient shall be responsible for ensuring the Project's property management <br /> either by performing the services themselves or by hiring the services of a professional <br /> property manager. These responsibilities include processing financial statements, <br /> handling of receivables and payables, tenant selection, and compliance with the terms <br /> and conditions of the Regulatory Agreement. <br /> With City's approval, Recipient may perform the Project's property <br /> management or at the City's discretion, the City may require Recipient to hire the <br /> services of a professional property management company who will be responsible for <br /> the above services. City has the right to approve or disapprove of any proposed <br /> property management company. Recipient shall continue to hire such services until <br /> the City grants, in writing, approval to discontinue such services. City will give <br /> Recipient 30 days to resolve any failure to perform under this Section. <br /> Recipient shall be prohibited from using the Property for any uses prohibited <br /> by or in violation of the City ordinances or regulations. <br /> SECTION 7. PROGRAM MONITORING AND EVALUATION <br /> a. Recipient shall be monitored and evaluated in terms of its effectiveness and <br /> timely compliance with the provisions of this Regulatory Agreement and the effective <br /> and efficient achievement of the program objectives. <br /> b. Recipient must undertake continuous quantitative and qualitative <br /> evaluation of the Scope of Services as specified in this Regulatory Agreement and <br /> shall make quarterly written reports to City. <br /> 1. The annual written reports shall include, but shall not be limited to <br /> the following data elements: <br /> 3 <br />