Ordinance No. 19469 - Laserfiche WebLink

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3. An agreement by the developer to offer independently two comparable housing units to each special category tenant prior to giving any notice of tenancy termination to that tenant. if the status of the offered unit as comparable is contested by the tenant, it shall not constitute such an offer until the decision of the hearings officer on its compatibil- ity. An independent offer is one which is not an outstanding offer to any other tenant and which is, during the period of consideration, an exclusive offer to that tenant. Any such obligation on the part of the developer shall not preclude an ev~ct~on of any special category tenant for good cause. The agreement to offer comparable housing to a particular tenant may be satisfied by an offer of 1 i fetime tenancy to that tenant. 4. An agreement by the developer not to evict any affected tenant, except for good cause, prior to the expira- tion of 180 days from the time the tenant receives notice of planned conversion or prior to issuance of the permit, which- ever is later. 5. An agreement by the developer not to raise the rent of any special category tenant except to an amount equal to or less than rent for comparable housing in the same building if such comparable housing exists, 6. A provision that the contract shall operate in favor of all affected tenants of the building as third party benefi- ciaries. 1. A provision that the city assumes na liability for the condom~n~um convers~an project or the developer's actions or f a i 1 ure to act . 8. A provision that reasonable trial and appellate court attorney's fees shall be paid by the non-prevailing party in any acts on or sup t on the contract. 9. Any other provision required under administrative rules issued hereunder. A TAP may include any purchase incentives to existing tenants which are offered by the developer. ~h~ Cash reserve escrow account, The developer shall submit proof of establishment of a cash reserve account by the developer for replacement reserves for common elements in an amount and in the manner required by state law. In determining the estimated useful life and replacement costs for the common elements, the developer shall use the estimates set forth in the engineer/ architect's report. 2.1074 Condominium Conversion - Post-Permit ~b1i ations and Procedures. ~1~ Submission of information re orts. After issuance of the per- m~t, the developer shall submit to the city manager informational reports on forms provided by the city, pertaining tv the tenants of the conversion re- located since the granting of the permit application. The informational reports shall be submitted at the end of any month in which a special cate- gory,tenant has relocated. The informational reports shall continue to be submitted unt~1 all special category tenants have been successfully relocated Ordinance - to