HomeMy WebLinkAbout1990-11-20; Housing & Redevelopment Commission; Resolution 179// @ 0
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RESOLUTION NO. 179
A RESOLUTION OF THE HOUSING AND REDEVELOPMENT
COMMISSION APPROVING SUPERSEDING PART I OF SECTION E
EXISTING HOUSING CERTIFICATE PROGRAM CONSOLIDATED
ANNUAL CONTRIBUTIONS CONTRACT NO. SF-535 (E) AND
AUTHORIZING EXECUTION
5 II WHEREAS, the Housing Authority of the City of Carlst
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("PHA") desires to enter into a superseding Section 8
Consolidated Annual Contributions Contract ("CACC") with
United States of America ("Government") for the Section E
Existing Housing Certificate Program,
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WHEREAS, the Section CACC, Part I, must now be reviE
so that it will consist of the following parts:
a. Superseding Part I of the CACC, HUD 52520B (8/88),
applicable to the Section 8 Existing Housing Certificate
Program.
b. Exhibit I, Projects Appropriated Before Federal Fisc
Year 1988.
c. Exhibit 11, Projects Appropriated in Federal Fiscal
Year 1988 and Later Years, adding Project No. CA16-E077-(
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housinz
and Redevelopment Commission, as follows:
1. The Superseding Part I of the ACC, together with
Exhibits I and 11, for the Housing Certificate Program a]
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hereby approved and accepted. The Chairperson or Acting
Chairperson is hereby authorized and directed to execute
counterparts of the ACC on behalf of the PHA, and the
Secretary is hereby authorized to impress the official sc
of the PHA on each such counterpart and to forward such
executed counterparts to the Government together with su(
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(D 0
other documents evidencing the approval and authorizing
execution thereof, as may be required by the Government.
2. This Resolution shall take effect immediately.
PASSED, APPROVED AND ADOPTED, at a regular meeting
the Housing and Redevelopment Commission of the City of
Carlsbad, California on the 20th day of November
1990, by the following vote, to wit:
AYES : Commissioners Lewis, Larson, Mamaux and Pettine
NOES : None
ABSENT : Commissioner Kulch
ATTEST :
1 A 11 ?\
Secre l6Il @
RAYM D R. PATCHETT, 2
~ ~~~
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tary
( SEAL )
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City of Carlsbad
ACC Part I Number: - E
U.S DEPARTMENT OF HOUSNG AND URBAN DEVELOPMENT
SECTION 8 EXlSlWG
CO#SOI;IDATED ANNUAL COHTRIBUPONS COPJTRACT
PART I
e
HOUSNG CERTIFICATE PROGRAM -
Ll DEZINI!EOblS .
A8 ACC, . 7
As med in Part I of l3b CACC, "ACC" 11088;116 t3m Axxwal "eepqjact
As& in PartIIofthb CACC, "ACC" rearnrtfre CACC,
E *. !he aalriaum -an& WM maybe pdbyHUDikZ~pUj&h~~~~tfred~atkZlol
ttpb CACC. m Aut€&& i3 remswed by HUD *PI amax&
-&im"Lpl" (-X- ~~~~~~~~Mw%I~~;cRxx?s~~W~T
R!dezalFLgSlYearls=and")
c. CACC. - M - Ccatract
I). ~ananrtof~~6aW ~Ig~~IIofthhCACCPast:
(~tp~jn~tdl21&L4.Dand~
23 oftfrs CACC).
e u A~nendaaenL An andnesk tn tfre CACC ww d
W="""1 ~~~ahtahths~rattlmmjbgof~ - -ly HUD.
I?. Fkd Yeas ?he PHA Fhal Year.
ACC Part I: Page 1 of 6 pages
HUD 52520 B (August
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Go - BUD. US Department of Euxkq and Urban Wrnernt
EL Marimurn Axnd - Cor mftment See aectkm L4.cJb of thb CACC.
L - PHA. PUk Barsiq Agancy-
J. PrPgram. Ihe PHAb m Cgti&ate Pragram urbr the
CACC,
K. AI- pxk3 by BUD to We PHA br tfie Rugm@,andanyot€marnamtsmceiYd&
t P=ce-- Amamnts~Whm~be~~
tfBePHA3n-Prft)rtfiewr.
Program - in - wit)l the CACC and HUD mquiremet.lts
M. Fmjsct. A~frwre~enhk~tfie~m. (The-ray be~~~~fka~amadm~)
U. HOUSXG CERTC€TCATE PROGRAM.
A8 Rojaetskl-II.
1, "h"E~&tdh
z ExhibkL Z&hhitI~~MWWarants
3. -IL ~IIl&spp)ceta~yjwamamb
PofW CACC PartL - "bM@QdMY=1988
"WIhF"YSst19BBd"
.R PBuBtbg of w (tq nal)w of -4. Ib m rarfmua
--"?IPHA""" -~mn~*"thePRJgear*- wm~uoft~stz&idb" &enmndal
mum3 -pr5x HUD agpxal. ~~a6~ZB~~H~&fLoB#hurdt~h
Humb€c of~ms 1Bu~ufurxb3
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MFIW
MEDW
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ACC Part I: Page 2 of 6 pages
HUD 52520 B (August 1988)
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R PHA PLgsa Year.
L Thefkatikdyear~theRupmahaIlbegin
QI 03-01-79 0 (EtlIxrffie efkctivedatefcrt3efiwt~SstdinEdxbitIaf
PartIOf W CACC. IfWda& b""
CACCb"Ly~PHA,tfredatem~be~
-WHUD,"&tyHUDtoWe
PHIL) 'Zhe"Yermrfk~€?lKqlar~@al
WebstdayofthePHA~Year~ends~~ tbnl2m~otnere#an23m~afterthh~
2, ~f.ter,m~~*h~m~kPfrel2 mC&l m - JUNE 30 - Ofd ".F"dayardr"amm - Year~dlata&rdtfia:seh8a&arm~
admhhtemdlyfhePHA&anAmmal~ cartract ah HUD.).
33. TERM, -
~~cAcc ~,
(bzszt bae. dab of CAm
A EddtsitIpzDjects Fcrallprqjacts~h~I,t)lebzrmuf
-9.5
~"_ errdm 02-28 -.
~rn€aCan~S~ If- ~abekm-bea~etfie~~~~h~&i+%tfie~~,tfie
~m~~~~&~D,~~&~ HUD bo We PHIL)
EL Exk%&II- Foeeech~lbEdjnExll&kITt
.. I. &hibk11~b~W~dabearrdlaatQbeof~ACC tga fk"
z TPse~dalsuftfibACC~nfirtfrcaeqjact~bettre
~~oft3rsraaefiw)mHUD~theCACCwhkfi ~fht~tDtfibRcg~m,~t~dateas "by HUD.
3, Ift)osfk&a:hetdataaftheACCtrermfir~~le
rrot~~~CACCbdgrdgfansrtlyPPHA,&
dateaaybs~~QyHUD,~uritfm &tyHUDbDmPHB,
.4* HUDray&lS?&ktPata~ytia~~~~~ ~PIUDbo~PHA(a)troaMacllclletaa~rentpojsct
crOtDwnarrea~~whkhtbACCtrPrr~ -
ACC Part I: Page 3 of 6 pages
HUD 52520 B (August 19%
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l.4 ANNUAL COPJTRIBUTIOPJ.
k Payment, HUD shanpay the PHA m - h -
PrPgraminacoordarrew-ithHUD~tkmeadrequirererrts
R Amcxlnt ard m of BUD Payments
L 'Ihe"drtfie~arnbethe
amantaRpwedlyBUD~eachFigdlYeartDcover:
a. !hearaartofhu=kqa&txxxaaymet.ltsbytfie PHA.
h The am- of PHA ks fn Progran
2. The amax& of -.'BUD m - may be
~asd&eenhdbyHUD,ty~aaarRof~m
RBceipts (safr as irtgeet bmel ottrer t%n the HUD arnral-
dm"
C. Maximum Paymenb63tPro-pam.
1. Am%lLi.mhcnPayre&sfixPrPepam.
a. Rcqt &r peymenb dcDn tfre CACC reeerpe
cXmrIta8~itaaztknL4,EofWCACC, tfie HUD aumal- 6x the -m &seetkrrL4oB"€kalY€?ar€Ml
not be aack thn we mximum Arrrnil - CoamftmemtjixWe Pxqrar.
h Th Maximum Armlal CmeSAAm Commitment
boc~~m~&PHAFjgslYear&aRbe eprdl.tn~auroftfLe~~ anaa&srws&LqrB[UDSxtbpgjectsn~ Rcgar. Th am- of antract a&xxi& rmE!w6d*"in"mjBatated
InIM&&IdIIe€MCACCMI(rubjsctb mbtkn in - #ft)l e L4.D anl
sectjcp 23 of- CACC). If- fir& €%sal Year ~PPbePnzgraafacnePfranlZmontfrSthe Hdum &mal - Coarfmemt fhr ttrePrPgcankardzefk&FkcalYearnaybe
&-j,m&dhanaaQaatasd&eminedbyHUDLy thead&kma€thepmrataarslcamta@kable~ ~p€&dh~obl2rantfrs
ACC Part I: Page 4 of 6 pages
HUD 52520 B (August 19SE)
m m
2. Limit cn Tbtal PWments fix Pzupam. The am of HUI: peyments uder BBctjon L4.B kr the Ekcxpm aver tfr
&hoftfieCACC(~anypaym~Wmtfy
CACCm~~~a~~ta~pwidedinsectlatL4,e)ahdl mtbenaethanthea~mofthe~a~amant! ~LyHUDktfiepq'gchsintflePrqramfror amolrrts~de~ttd~h~
D. Rducth of Amaunt - HUD may red- tfpe am-
payablebyHUDharryaqjsctcariixtheProgram,~nq xducetfieamaahoftjhreocntractauthcdyat~autfradt?i
fimrary~~gishgWePHA~~ofreductirJnt
~~~&t~e~t~th2JodthkCACC. 'R~netiDebyHUC maykl&iearwink=nofEkhibkIcrlItnt$a~We~k ~aacnrrtofcoabact~atndQetauthdiybnapqjsct,
E CACC €beme Acmxxk A CACC - accxmt adIl b~ -and rnahkhdby HUD,hanamamtas&bzrmb3Q
HUD"ff;o - ~~slsctjon4cX6)oftfr
UA Ekadrq Actof1937. Rre CACCreegveaxmuxt mqh& W HUD 4hpzynmto€arypxthof~pym~~Q
HUD&~L43&1rpfr~Year,
-
F, &pwa& ACC, HUDb oomarfrent to make peyneds bcr ed
pqjsctlkte3hEkhhkfI&mIl~aa&ACC.
3.5 CACC, 7.-
k 'Rre CACC crr#tanof&kt CACC PartI(- RdjhbIandII]
"HIXlEiW3bJVCUCtXPIUpP,"~
asld tbz lixr ACC EbrtIIpedkdly HUD &x- 'Bcllp4J:
firm HUD 525210 q and &xtW JIE 1985. m QcuBl€x&
cxrdkukth whda CACC bntfiePrPgcar.
ACC Part I: Page 5 of 6 pages
HUD 52520 B (August 1
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B. "&SCACCaperaadeeaqpevjarrArnal" 6x-pqiactacrPrqpam. ~~rehthgt~cgaatknoftfre wcrPzrqmrntxdcra"- cantrace shanbe gaFeared by this CACC.
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PUBLIC BOUSING AGENCY
- HOUSm &HOWIT OF T@SI TY/6acARLSBAD - /r/ // /I /I // e of PHA
w .I 'd
/ Date signed 1//34% q
CLAUDE A. LEWIS, CHAIRPERSON
Print or type name and official title of signatory
UNITED STATES OF AMERICA
SECRETARY OF ROUSING AM) UREM DEUEKDPm
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BY Signature Date signed
Director, Housing Development Division, LOShgeleS Office
R&xtactypemrearrdod&=Litttleaf~~
ACC Part I:. Page 6 of 6 pages
END 52520 B (August 1988)
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City of Carlsbad ACC Part I Number: SF-535
EXHIBIT I
Projects Appropriated Before Federal Fiscal Year 1988
PROJECT ACC LIST CONTRACT PROJECT AC NUMBER NUMBER AUTHORITY EFFECTIVE D
CA16-E077-003 SF-78-488 Amended by 03-01-79
SF-83-764 Amended by 01-30-84 SF-89-501 $163,812 CAI.6-E077-004 09 -29 -89 .SF-78-728 Amended by 03-01-79
SF-83-375 Amended by 01-30-84 SF-88-012 $496,152 CA16-E077-006 08 -03-89 SF-83-507 $ 42,780 CA16-E077-007 01-30-84 SF-84-461 $ 80,400 CA16-E077-008 02-19-85 SF-85-111 Amended by SF-85-398 $122,280 CA16-E077-009 02-12-86 SF-86-284 $115,200 05-27-87
UNITED STATES OF AMERICA
SECRETARY OF HOUSING AND URBAN DEVELOPMENT
Date signed
Exhibit I: Page 1 of 1 page. HUD 525208 (August 1981
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City of Carlsbad
ACC Part I Number: SF-535
EXHIBIT I1
Projects Appropriated in Federal Fiscal Year 1988 and Later Years
I PROJECT CONTRACT BUDGET FIRST DATE LAST DATE D
NUMBER AUTHORITY AUTHORITY OF TERM OF TERM BI
CA16-E077-010 $ 147,072 $ 735,360 11-01-89 10-31-94 11
21 CA16-E077-001 $ 440,796 $5,621 , 700 10-29-76 10-28-91 11
21 3! CA16-E077-011 $ 139,968 $ 699,840 2'
3
UNITED STATES OF AMERICA
SECRETARY OF HOUSING AND URBAN DEVELOPMENT
Date signed
Exhibit 11: Page __ of - pages
HUD 525206 (Au!
a e
City of Carlsbad
ACC Part I Number: - E
U.S DEPARTMENT OF HOUSNG AND URBAN DEWELOPMENT
SECTIOk7 8 E-G
COEJSODATED ANNUAL COPJTmUPOblS CONTRACT
PART I
fk
BOUSeJG CERTlPICATE PROGRAM -
Ll DEFTNITTONS ’
AB ACC. . -
As & m part I of W CACC, ”ACC” meum3 h Anrrrdl ~ccobacefim:eechppjsct
Aaw& m PmtDtofl3b CACC, “ACC” rearnrtfre CACC,
a Authdy. The aaximua;unrenabeanamtwhjchraybe
aU&dzedand”tEia‘Lqt” (=llihkII*
lwe!lal~Yserl~asld”)
&ilyHUDfzxBBCh~inbflfe~rqpamcrva:tfieduati3nd
wb CACC. - Aut?%dQ lis mzaxv& by HUD hn am-
hdgek~~~h&d~aac)Ip$B~Wir
C, CACC, - Anmal- Cartract
I). %’haanaortofambeact~bemd -1at-IXuftfijoCACCPartt:
(s&jact~~h~~&eectjcnL4,D&&
2.3 of- CACC),
E CQet AradaazL An andnent tn tfre CACC wm Frnrjde 7ar“tDawer”r -@rahWn”ratt3renuibgof& akia$r;r‘lhtmby HUD,
P. pBp3alYemr. Tt~PHAFigalYear,
ACC Part I! Page 1 of 6 pagee
HUD 52520 B (August
W m
G, - HUD. US wR€S&Of Baging and urfxrn wmerrt
E Maximum kxmal- Cor mftment See aactkn L~.cJ~ of#h CACC.
L - PHA. PWk".
J. mm. Ihe PHAb Haa3hq C" mm lmk the
CACC.
R. -m v Am- m w HUD to the PHA k tfie
t -m- ArnarntawhMr*be"
~Cerhficrate~r,andaryothramarrt~~dbj
-PHAb"thlePrPpa..
mm - h - witfr tfre CACC and HUD requirements
M. RpjecL Ai5x&irq~rerxtfk~F+qcan. (Theplqjactray be~aWt5maIudb~0:5xaacatamardment)
U. HOU-G CERTIFICATE PROGRAM.
k -inprCqram.
L bf)lh~l"h
z - ExhfWL h3dxitI~~~witharn~
3. - -z -n1.las-"ZLlm
'R NU- af WS OW a~* & --A s h "urn
"*PHA""" -eaya-3*-*tbePragra.firmrik.rw "\arft"h" Ioo-
q"dbfixeFedgdlFJgdlYwr19BB
"hP"Yaar1988aadkrtgysara
Mth, m eZrW & HUD, bB W urft - h aIbd -#x HUD -
8U- &-E8 1Bu-OfUXitS
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4
MHSW
MHDW
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172
102
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ACC Part I: Page 2 of 6 pages
HUD 52520 B (August 1988)
* 0 a
B. PHA Fkal Year.
L The~~vear6.a:thePrPqlam~begh -
Q1 03-01179
- . (alterthe
-eWktfieEnk-listdin-Iof
PartIofth CACC. Ifthie&&ismtearteredbe&xetb CACCb~@~dWblPHA,bdiltemaybem -ty BUD, ulpca Writtenn35ceby HUDtnt3e
PBAJ (nhefhts5EzalYe3rfkdrsRqpallaerrlal
t?1ehstdayof#ePHA~Year~err3sr&h tAanl2nart)r5armadethan23m~~&iadate.
2. 'Ikrmfker,tbfkalyear~~~m&aIlbe~12 m~pezidedm JUNE 30 ob€€&&
caledaryear. ("*aadme&"FjaCal - Yearendbgdataba~~8~
mmict dm HUD.) adm"lqtWPBA&an&xmal-
U. TERM.
€L E%emiELan pcCaIlRq'gacbs~h~&~~muf
(-hatdateof CACClzzm fbraTlE&kitI~ XW
&Ld&be#bmtheCACCladgdky&ePHA,ti#m~ dabe maybe=bz@-QfHUD,w-"ty HUD to tfie PHA.)
02-28-94
R -R- ~ed~~~jnEd<IL.
.. 1, E&i#AtIZstabestfrefk&dateaadB&&t1?oft3mACC *a *e%?-
z TPreffstdaboftfrsACCtagnbthBqjectdmllbettre
""t)rsProgEaa,txandWscdameas
3. lf~~~k&dawof#eACCtsrmikr~~~
fkntwaft3m re wlnm HUDaQmtb! CACC we
&&mmMw HUD.
nSe&azdbabafhsCACCi~~by~PH&tk!
eWHUDmtfiQPHR
bglEIUDtDttsePHA(a)boaildaaoetalaePldrentpqjrt arCb)~rencuea~ELcIjectuhkht3mACCtstr~ - de$e mba-"lyEUD,UQQL*
4. EUDray&&hkkIIatargtiP~~upmb&tim~
ACC Part I: Page 3 of 6 pages
KUD 52520 B (August l98t
w m
L4 ANNUAL CONTRIBUTIOH.
k Payment HUD dmll pay tbe PHA m - & tfie
R Amcantand Ekgxx~ of BUD Pw~ents
~mm~witfiHUDnqulatksmardrquirer~
L ~-rmtrbuticnbrth3progcalambettre
a. T)leamclllrrtofbxziqmpayaerrtsby&
h The am- of PEA &a3 fk mm
2, 'Rre am- of *.'BUD anmal - may b
amamt~ed'lyHUD*eeehFieoalYearbccrver:
PHA,
adm-tim.
-~~3mnkd'ty HUD,bytfieamamtofProgmm
Recejpts (axh as kxtzme -me) othet th~~ the HUD aTlclLdl-
C, Maximum PaymenbbProgram.
1. -tiahonPayrerJ&3brx~m,
a. Eacept ik gayments &E &e CACC -
aaxlmta8gmm83 ne L4.Eofthk CACC,
ude:sectbL4J6&rqthe~Yearshall
.tfie HUD anmal- 6x th -m
not be mcze thm - Haximum Arrual - Commitment Bar ttpe Pxqar.
h The Maxinur Amml - Commitment
iktbPmqanbretachPHAFjgalYear~be eqral.totfrea;lrof"authcdy
an~rwzrv@d~HUD.dS3ctb~ntb -81. me amtax& of acabact a&xxAty ~boreach~fn#e~mhsted
h~IIItofOfCACC€brtI(ad~jx!ttD m h - I&I e L4.D ad
emzth 23 ob- CACC), Ifthe fke pigal Year ~*PqzaEisacReesi¶n12ram&f3l€? HArilllum Arm& cadbah Colartmnt dor
*Pn+anfij5Cthe~PjsOdLYear~aybe
aqjueteditzmaaamtasdetermh~~3tyHUDby the2sdBit=hnaftbepxataanmumt~~ t3epd2d~~ofl2r~
ACC Part I: Page 4 of 6 pages
HUD 52520 B (August 19sa)
* 0 0
2. Limit an flotdl Payments fxx Rupam. Ihe am of BUI payments utd- aectkxi L4.B e * Prorpar vet thr
dura& of tfie CACC (- any -menta &m tfu
CACCreeerveauxdmtaspovidedh~L4JZ)mi.rdl
mtbencretfrant3ea1mofthebu4getaut3m3yamant
~byHUDfirtfiepq'gchsjntt.le~mh1
aaantsauthcrktedarrd~~tzd~the~
D. FMuctkn of Amcmt Payahk BUD may red- t5e am&
payabkbyBUD~arnyaqisctatbrthe~m,andnq "arnamtoftfireoaatract-cx"
i?xaxylpsiactbygivk1gWePHA~~ofm3mtbX - m e 23 Qf W CACC. m & & HUT mayim%dea~of~IcxIItoataCetfmereductknf theaaarntofambactaut)rajtya:b4etauthcz&6aapqjsct
e CACC lkstxve AaxamL A CACC rmm arrrsnt gdn In
-ad m&xta&dly HUD, manamamtasbebermi~
HUD-wWlb - %iki!h3mdec~8(cx6)ofthr US Ea&tq Actofh937. Rre CACCregerve- aaybe\rrer
ly HUD $ixpynerrtufqptfunafthzpayr~agprmmdty
HUD-dl.4.BkWEkaLYeat.
F. Segmate ACC. HUDb aorrkitrent b make pym- iix er)
pqjsct~mExhbitDtddl.~a~teACC,
35 CACC. "
k The CACC wdm CACC -I(- Bih$bibIdXf and the kr ACC FartIIeby BUD ~UK! -
irrm BUD 52510 E, a& da&d a 1985. w daaammb cumtbte tfre wtde CACC fixe Prqpar.
~~rand~V~PI09paP#~t#l~
ACC Part I: Page 5 of 6 pages
MID 52520 B (August 1
w w
B. TWCACCapaeaadesary~Anrral~~
ktheprqiacesa-m. X-rdathq”t&nof- pq)ectsmPqtaauxbra~Anrnil~ cantiact -be -by tfr;is CACC. .
”
PUBLiC BOUSING AGELJCT
*
CLAUDE A. LEWIS, CHAIRPERSON
Print or type name and official title of signatory
UNITED STATES OF A#ltRICA
SECRETARY OF HOUSING MTD URBM DEVEII)Pm
By Signature Date signed
Director, Housing Development Division, LosAngeles Office
Prfita:typerareandoffkhltjthqba@n~
ACC Part I: Page 6 of 6 pagee
HUD 52520 B (August 1988)
* 0 0
City of Carlsbad ACC Part I Number: SF-535
EXHIBIT I
Projects Appropriated Before Federal Fiscal Year 1988
PROJECT ACC LIST CONTRACT PROJECT ACC
NUMBER NUMBER AUTHORITY EFFECT IV E D/
CA16- E077-003 SF-78-488
SF -83- 764
SF-89-501
CA16- E077-004 .SF-78-728
SF-83-375
SF-88-012
CA16-E077-006 SF-83-507
CA16-E077-007 SF-84-461
CA16-E077-008 SF-85-111 SF -85-398
CA16-E077-009 SF-86-284
Amended by
Amended by
$163 , 812
Amended by
Amended by
$496 , 152
$ 42,780 $ 80,400 Amended by
$122 , 280 $115 , 200
03-01-79 01-30-84
09 -29 -89 03-01-79 01-30-84 08-03-89 01-30-84 02-19-85
02-12-86 05-27-87
UN ITED STATES OF AMERICA
SECRETARY OF HOUSING AND URBAN DEVELOPMENT
Date signed
Exhibit I: Page 1 of 1 page. HUD 525208 (August 19E
e m m
City of Carlsbad
ACC Part I Number: SF-535
EXHIBIT I1
Projects Appropriated in Federal Fiscal Year 1988 and Later Years
PROJECT CONTRACT BUDGET FIRST DATE LAST DATE
NUMBER AUTHORITY AUTHORITY OF TERM OF TERM
CA16-E077-010 $ 147,072 $ 735,360 11-01-89 10-31-94
CA16-E077-001 $ 440,796 $5,621,700 10-29-76 10-28-91
CA16-E077-011 $ 139,968 $ 699,840
UNITED STATES OF AMERICA
SECRETARY OF HOUSING AND URBAN DEVELOPMENT
Date signed
Exhibit 11: Page - of - pages
HUD 525208 (At