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Any sale price determined through the use of this method b (base price adjusted by Consumer Price Index and value of improvements, applications, fixtures, or equipment added) shall be <br /> adjusted by decreasing said price by an amount to compensate for deferred maintenance costs, which amount shall be determined as follows: Upon receipt of notice of Owner's intent to <br /> sell, Agency or its designee shall have an opportunity to determine whether any violations of applicable building, plumbing, electric, fire or housing codes exist or any other violations <br /> of other provisions of Municipal Code. In the event deficiencies are noted, the Agency shall obtain estimates to cure the observed deficiencies. The Owner shall cure the deficiencies <br /> in a reasonable manner acceptable to Agency or designee within sixty (60) days of being notified of the results of the inspection, but in no event later than close of escrow. Should <br /> Owner fail to cure such deficiencies prior to the scheduled date of close of escrow, at the option of the Agency, its designee or assignee, escrow may be closed, title passed and <br /> money paid to the selling Owner subject to the