Item 4: PH on Ordinance Concerning Condominium Conversion

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application, a certificate of repairs by the inspector showing correction of the violations. No developer, however, shall use this certificate or report in any advertisement or indicate to anyone in any fashion, for the purpose of inducing a purchase of a condominium or cooperative unit, that the city or any of its departments has approved the building or unit for sale.] (ba) [Engineer/architect's certificate.] Common elements report. The applicant shall supply to the city manager a [certified] report prepared by a reserve specialist or other professional approved by the City [from a qualified licensed engineer or registered architect] describing the condition and expected useful life of all common elements including the roof, foundation, external and supporting walls, mechanical, electrical, plumbing, heating, all other major mechanical and utility systems, together with an estimate at current market prices of repair or replacement costs for those items requiring immediate major repair or eventual replacement. The report shall separately list the condition and expected life of all components of common elements and shall include the approximate dates of installation of the common elements and components and the dates and description of major repairs or renovations of the common elements and components. The report shall show on each page the date of preparation of the report. It shall clearly disclose which common elements could not be physically inspected and which estimates for these common elements were not made on the basis of a physical inspection. The report shall identify the sources used in the provision of all information, including the condition of common elements, the estimates of expected useful life and repair and replacement costs. The report shall also contain a summary of all city building official records pertaining to each building's major repairs or renovations. The definition of "major repair" and "major renovation" shall be set by administrative rules issued hereunder. (cb) Applicant's affidavit. The applicant shall file an affidavit attesting to the truth of the following: 1. That the applicant has notified all tenants residing in the building to be converted and any affected neighborhood group of the permit application. The affidavit shall also state that the applicant has kept signed receipts from all affected tenants certifying that each tenant has received copies of the notice of planned conversion and the proposed tenant assistance plan contract. The applicant shall state in the affidavit that such receipts shall be kept on file in this city by the developer or the developer’s agent subject to inspection by the city manager at any reasonable time for a period of three years from the date the receipt is taken. For the purpose of this provision, a refusal to accept notice of intent to convert or the tenant assistance plan contract shall constitute receipt by any affected tenant. 2. That the informational brochure on condominium conversion provided by the city has been distributed to all tenants who reside in the building proposed to be converted. Ordinance - 3