My WebLink
|
Help
|
About
|
Sign Out
Browse
202403568
LFImages
>
Deeds
>
Deeds By Year
>
2024
>
202403568
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/30/2024 12:27:49 PM
Creation date
7/30/2024 12:27:42 PM
Metadata
Fields
Template:
DEEDS
Inst Number
202403568
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
29
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
202403568 <br />attempting to enforce this Agreement, including, but not limited to (a) in the event <br />that the various reports are not submitted as required hereunder and the Authority <br />conducts an on-site inspection of the Owner's book and records and/or (b) following <br />any default on the part of the Owner hereunder or its successors, whether the same <br />shall be enforced by suit or otherwise, together with all costs, fees and expenses <br />which may be incurred in connection therewith; and/or (c) all costs, fees and <br />expenses which may be incurred in connection with any interpretation of or <br />amendment to this Agreement or otherwise by the Authority at the request of the <br />Owner (including, but not limited to, the reasonable fees and expenses of the <br />Authority's counsel in connection with any opinion to be rendered hereunder). The <br />Owner agrees to release the Authority from any claim, loss, demand or judgment as <br />a result of the allocation of tax credit dollars to the Project or the recapture of same <br />by the IRS and to indemnify the Authority for any claim, loss, demand or judgment <br />against the Authority as the result of an allocation of LIHTCs or AHTCs to the Owner <br />related to the Project or the recapture of same by the IRS or the State of Nebraska. <br />Section 13. Right of First Refusal. If the Summary Page to this Agreement <br />indicates that the Owner has agreed to provide a right of first refusal to a non-profit <br />entity (the "Right of First Refusal"), the Owner agrees and represents the following: <br />(a) the representations made by the Owner in connection with the <br />submission of the Application and Final Cost Certification regarding the <br />Right of First Refusal are hereby ratified in their entirety and the <br />materials submitted with the Application and Final Cost Certification <br />regarding the Right of First Refusal remain true and correct. <br />(b) In the event the non-profit entity designated by the Owner ceases <br />to exist, an alternative non-profit entity shall be proposed by the Owner <br />with respect to the Right of First Refusal. Such alternative non-profit <br />entity must, at a minimum, meet the same requirements set forth in <br />the Application with respect to the non-profit entity being granted the <br />Right of First Refusal (including that such non-profit entity have an <br />organizational purpose that includes the development, ownership or <br />operation of affordable housing for low income persons and families), <br />must meet any additional requirements of the Code and must be <br />acceptable to, and approved in writing by, the Authority. <br />Section 14. Sale, Transfer or Other Disposition of the Project. (a) Any <br />transfer, sale or other disposal by the Owner of the Project requires the prior <br />written consent of the Authority and payment of the fee set forth in the <br />19 <br />Final 12/21 <br />
The URL can be used to link to this page
Your browser does not support the video tag.