§ 19.790.070 — Implementation

19.790.070 - Implementation.

Prior to recordation of the implementing subdivision map, the applicant shall provide a covenant acceptable to the City Attorney's Office, binding upon the applicant and the applicant's heirs, successors and assigns, guaranteeing that all of the following will occur prior to sale of any condominium unit: A. Provision of required notice of intent to convert to a condominium as required by State laws; B. Provision of the right of first refusal for all existing tenants at the time of conversion to purchase their individual units at offered terms or better; C. Creation of a condominium owners' association; D. Provision of covenants, conditions and restrictions subject to approval by the Planning Division and the City Attorney's Office; E. Guarantee the establishment of a fund for the operation and maintenance of the condominium and its association; the amount of said fund shall equal or exceed either the Subdivision Map Act or the Department of Real Estate requirements; F. Establishment of and participation in a relocation program for existing tenants who do not choose to purchase units. The relocation program shall be established and operated pursuant to the regulations and standards adopted by resolution of the City Council; G. Provision of a covenant requiring the owner to give written notice of all variances granted from the guidelines and standards listed in Section 19.790.050 (Guidelines and Standards) to each buyer; and H. Re-inspection of the project in the same manner as required by Subsection C 2 of Section 19.790.030 (Applicability and permit requirements) immediately prior to sale of the dwelling units or mobile home spaces and correction of all unsatisfactory, unsafe or unlawful conditions prior to commencement of sale.

(Ord. 7331 §115, 2016; Ord. 6966 §1, 2007)