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05-27-2026 Council Packet
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05-27-2026 Council Packet
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6/12/2026 8:22:05 PM
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121 <br />Confidential Information of R4 Capital Funding LLC <br /> <br /> <br />Little Canada-Lupe - Borrower Loan Agreement - LC Apartments(199386221.3) - 5/12/2026 6:38:21 PM <br /> <br />R4 Capital Funding LLC <br />Tax Exempt Bond Investment Standards <br /> <br />v4.4 March 2022 <br /> <br />3. Vehicle Liability Insurance (if an automobile is used by the Partnership at the subject property) <br />a) Policy Form: ISO Business Auto form CA 00 01, or its equivalent <br />b) Named Insured: Partnership, and its respective employees, agents, subsidiaries and affiliates.. <br />c) Additional Insureds: “Partnership”, “General Partner”, “Limited Partner, ISAOA” and R4 <br />Capital LLC (for R4 Equity) and “Fiscal Agent or Trustee”, R4 Capital Funding LLC and R4 <br />Servicer LLC (for R4CF Debt) <br />d) Limit: $1,000,000 combined single limit per accident <br /> <br />4. Umbrella/Excess Liability Insurance. <br />a) Named Insured: Partnership, and its respective employees, agents, subsidiaries and affiliates. <br />b) Additional Insureds: “Partnership”, “General Partner”, “Limited Partner, ISAOA” and R4 Capital <br />LLC (for R4 Equity) and “Fiscal Agent or Trustee”, R4 Capital Funding LLC and R4 Servicer LLC <br />(for R4CF Debt) <br />c) Coverage must be no less broad than the underlying CGL, Auto Liability and Employers <br />Liability policies required above. If coverage is not follow-form, differences must be identified. <br />d) Limits: <br />Garden Apts. 1-3 stories, Single Floor, & other non-elevator buildings: <br />$3 Million Per Occurrence/$3M Annual Aggregate. <br /> <br />Mid-rise Apartment Building (4-10 stories): <br />$5 Million Per Occurrence/$5M Annual Aggregate. <br /> <br />High-rise Apartment Building (11-20 stories): <br />$10 Million Per Occurrence/$10MAnnual Aggregate <br /> <br />+ 20 stories <br />$25M Per Occurrence/$25M Annual Aggregate <br />Aggregates are to apply on a per location basis <br />NOTE: Additional limits may apply in situations where R4 is providing debt to multiple projects.
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