10-14-2015 Council Packet - Laserfiche WebLink

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Berres Development Contract inspecting the rehabilitation work to determine compliance with the Minnesota State Building Code. Owner agrees to abide by the Building Official's determination of any code corrections identified during the course of the rehabilitation work and acknowledges that the Building Official's judgment is final. 3. Owner agreess to retain Housing Resource Center to act as general contractor on the job. The cost for all oversight services to be performed for the Rehabilitation Project shall at -an adde-d cost of $3,175 and be split 50/50 between Owner and City. : : - : : ho -se services and the initia No outside contractors are to be retained by Owner without the approval of the Housing Resource Center. All contracts for the rehabilitation work on The Property shall be processed by Housing Resource Center. Housing Resource Center shall be responsible IRS -1099 reporting. Owner agrees to not interfere with contractors retained by Housing Resource Center. Should Owner have any performance concerns with work performed by Housing Resource Center contractors, Owner shall discuss them with only the designated representative of Housing Resource Center. Any interference by Owner with Housing Resource Center contractors shall be grounds for cancelling this agreement and Loss of the possibility of duplex status. 4. re worl ork; Owner agrees to deposit an amount adequate to fund the final work scope. That amount shall be determined utilizing the methodology as indicated in Exhibit D. The deposit amount shall be held • in a joint account with City for purposes of ensuring adequate financial resources are available to complete the agreed upon work scope for The Property. (T -he calculation of the depcssrt-amount is attached as Exhibit D.) Furthermore, Owner shall provide evidence of purchases for the materials to be applied to this job as defined by the attached work scope. A deduct will be made for owner supplied materials based evidence of purchase and approval by the Housing Resource Center for applicability of same. If said evidence is not provided, then the deposit amount shall be increased the amount of by $6,600 ( the materials 3