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HomeMy WebLinkAboutCalif., State of -Department of Housing & Community Development Infill Infrastructure Grant Program Catalytic Qualifying Infill Area Disbursement Agreement - 9-4-2025Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 INFILL INFRASTRUCTURE GRANT PROGRAM CATALYTIC QUALIFYING INFILL AREA DISBURSEMENT AGREEMENT This DISBURSEMENT AGREEMENT (the "Agreement") is dated for reference purposes only as of September 4, 2025, and is made by and among the City of Fresno, a municipal corporation, (the "Recipient") and the Department of Housing and Community Development, a public agency of the State of California (the "Department"). Recitals A. Recipient submitted an application (the "Application") to the Department for a grant under the Department's Infill Infrastructure Grant Program — Catalytic Qualifying Infill Area Program Guidelines and Notice of Funding Availability Phase II Application Solicitation dated March 15, 2023 (the "Phase II Solicitation"). Among other things, the Phase II Solicitation noticed the availability of grant funding under the Infill Infrastructure Grant Program of 2019 as established by Part 12 of Division 31 (commencing with Section 53559) of the Health and Safety Code (the "Program"). B. In response to the Application, Recipient was awarded grant funding under the Program to finance, in part, the construction of the capital improvement project described in this Agreement (the "Capital Improvement Project") pursuant to Standard Agreement Number 23- IIGC-17917, entered into by the Recipient and the Department dated 09/24/2024 (the "Standard Agreement"). The Department has conditionally agreed to provide the Program grant to the Recipient in an amount not to exceed Forty -Three Million, Seven Hundred Thirty -Three Thousand, One Hundred Thirty -Six AND 00/100 Dollars ($43,733,136.00) (the "Program Funds"). The Application, this Agreement, the Standard Agreement, and all amendments, exhibits and attachments thereto (collectively, the "Grant Documents"), are incorporated in full by reference to this Agreement. C. The Capital Improvement Project is integral to or necessary for the development of one or more residential housing developments (the "Housing Development(s)"), which are described in the Application as to be developed and constructed in conjunction with the Capital Improvement Project. D. The parties hereto wish to enter into an agreement for the disbursement of Program Funds to ensure timely completion of the Capital Improvement Project and the Housing Development(s) in accordance IIG Program Round 10 —Catalytic QIA Page 1 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 with the requirements of the Grant Documents, the Phase II Solicitation, the Department and the State of California. NOW, THEREFORE, the parties hereto agree as follows: 1. Recitals. The foregoing recitals are a part of this Agreement. 2. Project. The Recipient shall construct the Capital Improvement Project and the Housing Development(s) (collectively, the "Project"), as generally described in the Grant Documents, on the real property described in Exhibit A hereto and incorporated herein (the "Property"), in accordance with the Capital Improvement Project Scope of Work which is described in Exhibit B attached hereto and incorporated herein (the "Scope of Work") and the Standard Agreement. 3. Representations and Warranties. Recipient represents and warrants to the Department as follows: a. Organization. Recipient is duly organized, validly existing and is in good standing under the laws of the State of California and has the power and authority to own or lease the Property and to own, develop, construct, operate and maintain the Capital Improvement Project and the Housing Development(s). The copies of the documents evidencing such organization and authority delivered to the Department are true, complete, and correct copies of the originals, as amended to the date of this Agreement. b. Authority of Recipient. Recipient has full power and authority to execute and deliver the Grant Documents and all other instruments, agreements and documents executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above. C. Authority of Persons Executing Documents. The Grant Documents and all other instruments, agreements and documents executed and delivered, or to be executed and delivered, pursuant to this Agreement, have been, or will be, executed and delivered by persons who are duly authorized to execute and deliver the same for and on behalf of Recipient. All actions required under Recipient's organizational documents and applicable governing law for the authorization, execution, delivery and performance of the Grant Documents and all other instruments executed and IIG Program Round 10 —Catalytic QIA Page 2 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 delivered, or to be executed and delivered, pursuant to this Agreement, have been duly taken. d. Third Party Developer(s). The term "Developer" as used in this Agreement means the legal entity upon whom the Recipient, and therefore the Department, will rely for capacity, experience, and site control of some or all of the Property included in the Project. In all instances where Recipient will rely on a Developer in connection with any of Recipient's obligations under the Grant Documents, the following is true: In all instances where Recipient will rely on a Developer to complete any part of the Scope of Work, Recipient has entered, or will enter, into a written contract with the Developer before the first disbursement of Program funds, which obligates the Developer to complete such Scope of Work in compliance with the requirements of the Grant Documents, the Phase II Solicitation, the Department, and the State of California, and to act in good faith to provide Recipient with such information, consultation, certifications, and to take such other actions in relation to such Scope of Work as may be necessary and reasonable to ensure Recipient is able to timely deliver the Project and meet its obligations under the Grant Documents, including, but not limited to site control, reporting and Departmental monitoring of the Capital Improvement Project; ii. In all instances where Recipient will rely on a Developer to develop, construct, own, and operate any Housing Development, Recipient has entered, or will enter, into a written contract with the Developer before the first disbursement of Program funds, which obligates the Developer to develop, construct, own and operate such Housing Development in compliance with the requirements of the Grant Documents, the Phase II Solicitation, the Department, and the State of California, including, but not limited to, requirements pertaining to site control and affordability restrictions, and to cooperate with Recipient in good faith, providing such information, consultation, certifications, and taking such other actions in relation to the Housing Development as may be necessary and reasonable to IIG Program Round 10 —Catalytic QIA Page 3 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 ensure that Recipient is able to timely deliver the Project, and meet its obligations under the Grant Documents, including, but not limited to reporting requirements and Departmental monitoring of the Project. e. No Breach of Law or Agreement. None of the execution or delivery of the Grant Documents and other instruments, agreements and documents executed and delivered, or to be executed or delivered, pursuant to this Agreement, or the performance of any provision, condition, covenant or other term hereof or thereof, will conflict with or result in a breach of any statute, rule or regulation, or any judgment, decree or order of any court, board, commission, or agency whatsoever binding on the Recipient or any Developer or any provision of the organizational documents of the Recipient or of any Developer, or conflict with or constitute a breach of or a default under any agreement to which Recipient or any Developer is a party, or will result in the creation or imposition of any lien upon the Property, other than liens approved by the Department. f. Compliance with Laws; Consents and Approvals. The Capital Improvement Project and the Housing Development(s) will comply with all applicable laws, ordinances, rules and regulations of federal, state and local governments and agencies having jurisdiction over either the Recipient, any Developer, the Property, the Capital Improvement Project or the Housing Development(s), and with all applicable directions, rules and regulations of the fire marshal, health officer, building inspector and other officers of any such government or agency. All permits, consents, permissions and licenses required by any federal, state or local government or agency to which Recipient, any Developer, the Property, the Capital Improvement Project or the Housing Development(s) is subject, which may be necessary in relation to this Agreement or the acquisition, development, construction or ownership of the Capital Improvement Project or the Housing Development(s), at or prior to the commencement of construction, have been, or will be, obtained, and none of such consents, permissions and licenses are subject to appeal or to conditions which have not been met. IIG Program Round 10 —Catalytic QIA Page 4 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 g. Pending Proceedings. The Recipient and its Developer(s), if any, are not in default under any law or regulations or under any order of any court, board, commission or agency whatsoever, and there are no claims, actions, suits or proceedings pending or, to the knowledge of Recipient, threatened against or affecting Recipient, or any Developer, the Property, the Capital Improvement Project or the Housing Development(s), at law or in equity, before or by any court, board, commission or agency whatsoever which might, if determined adversely to Recipient, or to any Developer, materially affect Recipient's ability, or that of any Developer, to acquire, construct or develop the Capital Improvement Project or the Housing Development(s). h. Title to Property. Recipient and its Developer(s), in aggregate, and prior to the initial disbursement of Program Funds, will have good and marketable title to the Property, the Capital Improvement Project and the Affordable Housing Development(s) or a leasehold interest therein approved by the Department and there shall exist thereon or with respect thereto no mortgage, lien, pledge or other encumbrance of any character whatsoever other than liens for current real property taxes and assessments not yet due and payable and other matters of record approved in writing by the Department. As to any and all Scope of Work to be completed on land other than the Property, Recipient or its Developer(s), prior to the initial disbursement of Program Funds, will have either marketable title to such land, or has a right of way or easement, which allows Recipient and its Developer(s) to access, improve, occupy, use, maintain, repair, and alter the land underlying the right of way or easement, and which is either perpetual or of sufficient duration to meet Program requirements. Recipient or its Developer(s), or both, have executed encroachment permits for construction of any facilities or improvements within the public right of way or on public land. i. Financial Statements. The financial statements of Recipient and other financial data and information if requested by the Department and furnished by Recipient, fairly represents the financial information contained therein. j. Adequacy of Program Funds. The amount of the Program Funds, together with any funds to be provided by the Recipient or to the Recipient from other sources, is adequate IIG Program Round 10 —Catalytic QIA Page 5 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 as construction financing for the Capital Improvement Project in accordance with Exhibit C. k. Payment of Taxes. All federal, state, county and municipal taxes required to be paid by the Recipient or on account of the Property due and payable as of the date of this Agreement have been paid in full as of such date. Availability of Utilities. All utilities necessary for the development and occupancy of the Housing Development(s) are available at or within the boundaries of the Housing Development(s) and all steps necessary to assure that such utility services will be available upon completion of the Housing Development(s) have been taken. M. Hazardous Materials. Recipient has performed due diligence review(s) of the condition of the Capital Improvement Project and the Housing Development(s) including review(s) to disclose the possible existence of asbestos and toxic or hazardous materials. All information regarding the condition of the Capital Improvement Project and the Housing Development(s) have been disclosed to the Department in writing including but not limited to all Phase I, soils and hazardous materials reports regarding the condition of the Property, the Capital Improvement Project and the Housing Development(s). 4. Sources and Uses. The Recipient or its Developer(s), or both, have received, or will receive, funds for the purpose of developing the Capital Improvement Project and Housing Development(s) in the amounts and from the sources identified in the Sources and Uses of Funds attached hereto and incorporated herein as Exhibit C. All funds shall be used and secured in the manner specified in Exhibit C. Recipient agrees to comply with and satisfy, and will ensure that its Developer(s), if any, comply with and satisfy, all the terms and conditions imposed on the Recipient or any Developer in connection with the sources of funding identified in the Sources and Uses of Funds. 5. Use of Funds. Recipient agrees that Program Funds shall be expended only in accordance with the applicable statutes and Phase II Solicitation governing the Program, and only for the purposes and activities set forth in this Agreement. The Program Funds shall be used exclusively for the payment of, or reimbursement for, Approved Costs as shown in the Capital Improvement Project Budget in Exhibit C, as the same may be amended from time to time with the written IIG Program Round 10 —Catalytic QIA Page 6 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 approval of the Department, such payment of, or reimbursement for, costs to be made only after the same have been incurred by the Recipient or its Developer(s). "Approved Costs" shall mean all hard and soft eligible costs under the Program (and modifications thereto), which were approved, or will be approved by the Department, which are needed for the completion of the Capital Improvement Project, in accordance with the Scope of Work. 6. Disbursement Schedule. The Disbursement Schedule attached to this Agreement as Exhibit D represents a good faith estimate of when Program Funds will be disbursed to pay costs. The Department and the Recipient shall confer as necessary, to update the Disbursement Schedule throughout the construction period. 7. Displacement and Relocation. If the acquisition, construction or development of the Capital Improvement Project or Housing Development(s) will result in the temporary or permanent displacement of occupants, the Recipient shall provide relocation payments and assistance in accordance with the applicable Federal and State requirements. 8. Contractors and Subcontractor. For all construction activities required to complete the Scope of Work, Recipient agrees to use a general contractor or contractors ("Contractor"). Any successor to or substitute for the Contractor shall be subject to the approval of the Department. The Recipient hereby certifies that the Contractor is in good standing with the California State Contractors' License Board. The Recipient shall only contract with contractors who are so licensed and will require that the Developer(s) and Contractor, and any successor thereto, shall only contract with contractors and subcontractors who are so licensed. 9. Construction Contract. The Recipient shall enter into a written contract or contracts with the Contractor for the performance of the Scope of Work (the "Construction Contract"). Recipient shall not terminate or substantially amend the Construction Contract with respect to the Capital Improvement Project without the prior written approval of the Department. Recipient shall monitor and enforce the terms and conditions of the Construction Contract to ensure completion of the Scope of Work. The Construction Contract shall contain provisions for compliance with State Prevailing Wage Law as required by the Grant Documents and the Guidelines. In all instances where Recipient is relying on a Developer to complete any part of the Scope of Work, Recipient shall ensure that any contract between the Developer and the Contractor meet the requirements of this Section. IIG Program Round 10 —Catalytic QIA Page 7 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 10. Construction Responsibilities. Recipient shall be solely responsible for all aspects of Recipient's business and conduct in connection with the Property, the Capital Improvement Project and the Housing Development(s), including, but not limited to, the quality and suitability of the Scope of Work and the equipment used in the construction of the Capital Improvement Project and the Housing Development(s), the supervision of the work of construction, the qualifications, financial condition and performance of all architects, engineers, contractors and subcontractors of any tier, material suppliers, consultants and property managers, and the accuracy of all applications for payment and the proper application of all disbursements. In all instances where Recipient is relying on a third party, including without limitation, any Developer, to complete any part of the Project, Recipient shall remain fully obligated under the provisions of the Grant Documents to complete the Project in compliance with the Grant Documents notwithstanding Recipient's designation of such third parties to undertake such work. 11. Delay. Recipient shall promptly notify the Department in writing of any event causing delay or interruption of construction work, in excess of (3) three working days, or the timely completion of construction for a period of (5) five working days beyond the scheduled completion date. The notice shall specify the particular work delayed and the cause and period of each delay. 12. Purchase of Materials Under Title Retention Agreement. The Recipient shall not purchase or install or permit to be purchased or installed any materials, equipment, fixtures or other part of the Capital Improvement Project under any agreements or arrangements wherein the supplier or seller reserves or purports to reserve the right to remove or to repossess any such items or to consider them personal property after their incorporation into the Capital Improvement Project, unless authorized in writing by the Department. 13. Liens and Stop Notices. If a claim of lien is recorded affecting the Property, Capital Improvement Project, or Housing Development(s), or a bonded stop notice is served upon the Department which affects Program Funds or the Recipient's other funding for the Project, Recipient shall, within twenty (20) days of such recording or service or within five (5) days of the Department's demand (whichever last occurs): (i) pay and fully discharge the same; (ii) effect the release thereof by recording or delivering to the Department a surety bond in sufficient form and amount, or otherwise; or (iii) provide the IIG Program Round 10 —Catalytic QIA Page 8 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Department with other assurance which the Department deems, in its sole discretion, to be satisfactory for the payment of such lien or bonded stop notice and for the full and continuous protection of the Department from the effect of such lien or bonded stop notice. If Recipient has not received actual notice of the claim of lien or bonded stop notice prior to the Department's demand, then the five (5) day period described above shall be extended to twenty (20) days. Recipient shall give the Department prompt written notice of all lien claims affecting the Property, the Capital Improvement Project, or the Housing Development(s). 14. General Conditions of Disbursement. Disbursement of Program Funds shall be subject to the following conditions: a. Disbursement of Program Funds shall be subject to the procedures and conditions set forth in this Agreement and Exhibit B of the Standard Agreement. b. The Department shall disburse Program Funds to Recipient for reimbursement or payment of Approved Costs incurred by Recipient as provided for herein. C. The aggregate disbursement of all or any portion of a Disbursement Request submitted to the Department for eligible hard construction costs under the Construction Contract shall be limited to an amount equal to ninety percent (90%) of such costs with the ten percent (10%) being retained except for the final disbursement of Program Funds. The ten percent retained amount shall be disbursed as part of the final disbursement as set forth in Section 18 of this Agreement. d. There exists no Event of Default, as defined in this Agreement, or the Standard Agreement, or event, omission or failure of condition which would constitute a default or Event of Default after notice or lapse of time, or both that will not be cured concurrently with the funding of the Program Funds. e. Recipient has satisfied all requirements for receipt of Program Funds in accordance with the applicable statutes and Guidelines. Right to Condition Disbursements. The Department shall have the right to condition any disbursement upon receipt and approval of such documentation, evidence or information that the Department may request, including, but not limited to, vouchers, invoices, and architect's, inspector's and/or IIG Program Round 10 —Catalytic QIA Page 9 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 engineer's periodic certifications of the percentage and/or stage of construction that has been completed. 15. Conditions Precedent to Individual Disbursements. The Department shall not be obligated to make any disbursement of Program Funds or take any other actions under this Agreement or the Standard Agreement unless all the following conditions precedent are satisfied at the time of such actions: a. Recipient has an adopted housing element that has been found by the department pursuant to Section 65585 of the Government Code, to be incompliance with the requirements of Article 10.6 (commencing with Section 65580) of Chapter 3 of Division 1 of Title 7 of the Government Code. b. If Recipient was awarded points at the application stage for ordinances and other zoning and building provisions which were planned, but which were not yet in existence, Recipient has submitted evidence satisfactory to the Department that said ordinances, and zoning and building provisions exist and are in effect as described in Recipient's Application. C. or one or more of its Developers has and will continue to maintain site control over the Capital Improvement Project and Housing Development(s) consistent with Grant Documents and the Guidelines. Recipient has provided to the Department evidence demonstrating that Recipient and its Developer(s), if any, have obtained all licenses, easements and rights -of -way or other interest required for completion of the Capital Improvement Project and Housing Development(s). d. If applicable, Recipient has provided to the Department a relocation plan conforming to the requirements of state law and regulations issued by the Department in California Code of Regulations Title 25, Section 6000 et seq. e. Recipient and its Developer(s), if any, have executed and provided to the Department a Certification and Legal Disclosure which includes a complete disclosure of all persons, entities, and affiliates who will provide goods or services to the project and who also qualify as a "Related Party" under California Code of Regulations Title 4, Section 10302. IIG Program Round 10 —Catalytic QIA Page 10 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 f. Recipient and its Developer(s), if any, have obtained all necessary insurance policies and endorsements as described in Exhibit E of this Agreement. g. The Recipient shall provide security to assure completion of the Scope of Work by furnishing the Department and other construction lenders with Performance and Payment Bonds, or a Letter of Credit for the Capital Improvement Project and Housing Development(s), which shall remain in effect during the entire term of construction of both the Capital Improvement Project and Housing Development(s), respectively, and which shall be in a form and from an issuer which is acceptable to the construction lenders and Department. The Performance Bond shall be in an amount at least equal to one hundred percent (100%) of the approved construction costs to provide security for the faithful performance of the Standard Agreement including a warranty period of at least 12 months after completion. The Payment Bond shall be in an amount at least equal to one hundred percent (100%) of the approved construction costs to provide security for the payment of all persons performing labor on the Project and furnishing materials in connection with the Project. If a Letter of Credit is used, it shall be in an amount equal to at least 20% of the approved construction costs. The Department shall be named as an additional obligee in the Bonds or beneficiary under a Letter of Credit. h. Recipient and its Developer(s), if any, have obtained all permits and approvals required for the lawful construction of the Capital Improvement Project and, when required by the Department, the Housing Development(s). Where approval by a local public works department, or its equivalent, is required for the Capital Improvement Project, the Recipient must submit a statement from that department, or other documentation acceptable to the Department, indicating that the Capital Improvement Project has received that approval. Recipient or its Developer(s), if any, have received all required public agency entitlements and land use approvals for the Housing Development(s). k. Submission to the Department of all lien waivers required by the Department or passage of the applicable statutory periods for filing mechanic and other similar liens. IIG Program Round 10 —Catalytic QIA Page 11 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Recipient and its Developer(s), if any, have obtained all applicable CEQA and NEPA clearances and submitted evidence thereof as required by the Department. M. Recipient has provided to the Department a Title Report acceptable to the Department. n. Recipient and its Developer(s), if any, have executed and recorded a written covenant for the development of affordable housing with the Department as required in the Standard Agreement. o. Recipient has provided evidence of receipt of all required funding commitments for the Capital Improvement Project which are identified in the Sources and Uses of Funds (or equivalent, alternative financing approved by the Department). P. Recipient has provided evidence acceptable to the Department of ongoing compliance with State Prevailing Wage Law as required by the Grant Documents and the Guidelines. q. Recipient has completed, executed and submitted to the Department, on a form provided by the Department, a Draw Request indicating Recipient's request for disbursement of Program Funds. r. Recipient has completed or complied with all events or conditions in the Disbursement Schedule prior to the submission of the Draw Request. S. Recipient has complied with all special conditions contained in the Exhibit F which are conditions precedent to the disbursement of Program Funds. t. Recipient has submitted a Draw Request as provided below 16. Draw Requests. a. Application for Payment. Recipient shall request Program Funds by submitting a written itemized statement or draw request in a form that is acceptable to the Department (the "Draw Request"), subject to the conditions set forth below. A Draw Request for payment shall be submitted to the Department not more frequently than once monthly. The Department shall determine whether the conditions precedent to its obligation to advance Program Funds have been satisfied or, if the Department determines any conditions IIG Program Round 10 —Catalytic QIA Page 12 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 precedent to its obligations to advance its Program have not been satisfied, whether to waive any of them. b. Contents of Application for Payment. Each Draw Request shall set forth the following: (i) a description of work performed, material supplied and/or costs incurred or due for which the disbursement is requested with respect to any Approved Costs shown as a line item ("Item") in the Sources and Uses of Funds; (ii) the total amount incurred, expended and/or due for each requested Item, less prior disbursement; and (iii) the percentage of completion of the portion of the work to be paid from the Item. C. Delivery of Draw Request. Recipient shall deliver each Draw Request to the Department at its address set forth in Section 30 of this Agreement or such other address designated by the Department in writing. Each Draw Request shall be subject to the approval of the Department. d. Documentation. Each Draw Request shall be accompanied by the following: (i) copies of paid invoices and unconditional lien releases for construction costs paid with the proceeds of prior Draw Requests (except for the first Draw Request), and conditional (upon receipt of payment) lien releases for construction costs to be paid with the proceeds of the present Draw Request, which invoices and lien releases shall be considered a part of each Draw Request; (ii) a copy of inspection report or other documentation from localities, municipalities, or other construction lenders indicating the percentage of work completed pertaining to present Draw Request; (iii) submission of all lien waivers required by the Department or passage of the applicable statutory periods for filing mechanic and other similar liens; and (iv) any applicable change order(s) that affect or alter the Scope of Work. 17. Approval of Draw Request. a. Procedure. The Department shall within thirty (30) business days after receipt of a Draw Request containing all items described in Section 15, above, determine the amount of the Draw Request to be approved, notify Recipient of such amount, and disburse the approved amount, by State Warrant, to the Recipient or designated payee approved by the Department. IIG Program Round 10 —Catalytic QIA Page 13 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 b. Disapproval. Any item in a Draw Request which is not specifically approved within thirty (30) business days shall be deemed disapproved. On the basis of the progress of work performed on the Capital Improvement Project and the conditions precedent to making disbursements in this Agreement, the Standard Agreement and the applicable statutes and Guidelines, the Department may disapprove all or part of a Draw Request. In the event the Department disapproves any portion of the amount requested by Recipient in a Draw Request, the Department shall promptly notify the Recipient in writing of the disapproved amount and the reason therefore. C. Concurrent Review of Draw Request. In the event any item shall be disapproved or deemed disapproved, the Recipient and the Department shall meet and in good faith attempt to resolve the matter to their mutual satisfaction. d. Disbursement of Undisputed Amounts. In the event of any dispute, the Department shall disburse the amount of the Draw Request not in dispute, and fund any disputed amount promptly upon resolution of the dispute. Disputed amounts shall not be deducted from the Department's Program Funds, but shall be available for disbursement for other approved costs in accordance with the Sources and Uses of Funds. The Department and Recipient shall seek to resolve any disputes promptly and in good faith. 18. Condition Precedent to Final Disbursement in Connection with a Completed Housing Development. When a Catalytic Qualifying Infill Area includes multiple Housing Developments, the Department may make a final payment of Program Funds, including ten percent (10%) retention of hard construction costs, when all on -site and off -site Work activities are completed for the Capital Improvement Project and for at least one of the Housing Developments in the Catalytic Qualifying Infill Area, if the Recipient satisfies subsection (m) of this Section 18, and if the Capital Improvement Project and each completed Housing Development meet all other requirements set forth herein. In the event that none of the Capital Improvement Projects are on -site and part of a Housing Development, the requirement for at least one phase of Housing to be completed prior to a final disbursement payment may be waived at the discretion of HCD. IIG Program Round 10 —Catalytic QIA Page 14 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 a. All of the conditions set forth in Sections 14, 15 and 16 above have been met. b. Submission to the Department of a Notice of Completion duly recorded by Recipient or its Developer(s) for each completed Housing Development in the Catalytic Qualifying Infill Area. C. For each completed Housing Development in the Catalytic Qualifying Infill Area, submission to the Department of a Certificate of Occupancy issued by the local government having jurisdiction over the Housing Development, or any equivalent thereto acceptable to the Department. d. Receipt by the Department, if so requested, of a development cost audit for the Capital Improvement Project satisfactory to the Department. e. Issuance of a certificate or certificates, each in form and substance satisfactory to the Department, executed by Recipient and its Developer(s), if any, and the Architect, either jointly or severally, each certifying that the Capital Improvement Project has been completed in accordance with the Scope of Work. f. Completion of the Capital Improvement Project in accordance with Exhibit B and acceptance and approval of such Work by the Department and by any person or governmental agency whose approval may be required. g. Submission to the Department of all lien waivers required by the Department or passage of the applicable statutory periods for filing mechanic and other similar liens. h. Disposition of mechanic's liens that have been recorded or stop notices that have been delivered to the Department or other construction lenders, so that any such liens shall have been paid, settled, bonded around or otherwise extinguished or discharged, and the Department has been provided satisfactory evidence of such payment, settlement, bond or discharge, including without limitation all statutory waivers. i. Review and approval by the Department of evidence submitted by Recipient that each Housing Development meets or exceeds the requirements for access to transit for which Recipient received points under the Program. j. Review and approval by the Department of evidence submitted by Recipient that the completed Housing Development meets or exceeds the requirements for IIG Program Round 10 —Catalytic QIA Page 15 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 proximity to amenities for which Recipient received points under the Program. k. Review and approval by the Department of evidence submitted by Recipient that the residential units in completed Housing Development(s) are physically capable of accommodating broadband service with at least a speed of 25 megabits per second for downloading and at least 3 megabits per second for uploading. Review and approval by the Department of evidence submitted by Recipient that the completed Housing Development complies with Section 500 of the Guidelines, including the number of required Accessible Housing Units equipped with mobility, vision, and hearing features, and certifications from the architect and a Certified Access Specialist as may be required. M. For each Housing Development in the Qualifying Infill Area which is incomplete as of the date the Recipient submits a request for the final disbursement of Program funds, Recipient shall submit a certification, on a form provided by the Department, which warrants that (i) the Housing Development shall be completed in compliance with Sections 200, 202, 500 and 600(b) of the Guidelines; and (ii) that, upon completion of the Housing Development Recipient shall submit to the Department the documentation set forth in subsections (b) through (1) of this section 18. 19. Use of Program Funds Received by Recipient. All Program Funds received by Recipient shall be used to pay costs in accordance with the Draw Request approved by the Department and in accordance with this Agreement. 20. Inspection of the Capital Improvement Project and the Housing Development(s). The Department shall have the right to inspect the Capital Improvement Project, the Property and the Housing Development(s) during construction. Recipient shall deliver to the Department any inspection reports prepared on behalf of the other construction lenders, to the extent available to the Recipient. Inspection of the Capital Improvement Project, the Property and the Housing Development(s) shall be for the sole purpose of protecting the Department's interest and is not to be construed as a representation by the Department that there has been compliance with plans or that the Capital Improvement Project and the Housing Development(s) will be free of faulty materials or workmanship. The IIG Program Round 10 —Catalytic QIA Page 16 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Recipient can make or cause to be made such other independent inspections as the Recipient may desire for its own protection. 21. Events of Default. The occurrence of any of the following events, regardless of Recipient's culpability or lack thereof, shall constitute an "Event of Default" hereunder following written notice to the Recipient by the Department, specifying (i) the applicable event, (ii) the action required to prevent such event from becoming an Event of Default, and (iii) a date, which shall be not fewer than fifteen (15) after the date the notice is mailed to Recipient, by which such action must be taken: a. Monetary. (i) Failure or inability to secure anticipated permanent financing from parties other than the Department's Program Funds as specified in Exhibit C (or equivalent alternative financing approved by the Department); (ii) Recipient's failure to use or apply, or to ensure use or application of, Program Funds in the manner specified by, or consistent with the purposes of this Agreement and as specified in Exhibit B and Exhibit C; or (iii) the occurrence of an event of default under the terms of the commitment for any of the loans or grants received from other construction funding sources as specified in Exhibit C hereto which results in a termination or cancellation of such commitment(s). b. Construction; Use. (i) Recipient's failure to remedy, within ten (10) days of the Department's written demand to do so, any material deviation in the work of construction from the Scope of Work or defective workmanship or materials in constructing the Capital Improvement Project or Housing Development(s), in each case to the Department's satisfaction; (ii) the cessation of construction of the Project prior to completion for a continuous period of more than fifteen (15) days (unless caused by war, rebellion, insurrection, strike, lockout, boycott or act of God, or other event beyond the Recipient's control as determined in the sole discretion of the Department); (iii) the prohibition, enjoining or delay (in any manner) of the construction of, or the prohibition or enjoining (in any manner) of the leasing or sale of any unit in the Housing Development(s) in accordance with the Grant Documents for a continuous period of more than thirty (30) days; or (iv) the curtailment in availability to the Capital Improvement Project or Housing Development(s) for a continuous period of more than thirty (30) days of utilities or other public services necessary for construction or the full occupancy or utilization IIG Program Round 10 —Catalytic QIA Page 17 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 of the Capital Improvement Project or Housing Development(s). Performance of Obligations. Recipient's default and failure to cure such default in a timely manner under any other Grant Documents; any default of Recipient or its Developer(s) if any, under other construction lender loan documents; any default of Recipient or its Developer(s), if any under any ground lease or sale of the Housing Development(s); or Recipient's failure to perform its obligations under this Agreement. Representations and Warranties. (i) Any of Recipient's representations or warranties in any of the Grant Documents or any statements, certificates or schedules furnished by Recipient to the Department, shall prove to have been untrue in any material respect when made or the Recipient shall have concealed any material fact from the Department, (ii) any of the Recipient's representations or warranties in any of the Grant Documents or any statement, certificates or schedules furnished by Recipient to the Department, other than representations, warranties, statements and certificates as to the financial condition of Recipient or any other person, shall cease to be true and shall remain untrue for thirty (30) days after notice of such change to Recipient by the Department, or (iii) any material adverse change in the financial condition of Recipient or any Developer from the financial condition represented to the Department as of the date of this Agreement which alters or affects the Scope of Work. e. Voluntary Bankruptcy: Insolvency: Dissolution. Recipient's or any of its Developers' (i) filing of a petition for relief under any state or federal law regarding bankruptcy, reorganization or other relief to debtors; (ii) filing any pleading in any involuntary proceeding under any state or federal law regarding bankruptcy, reorganization or other relief to debtors which admits the jurisdiction of the court or the petition's material allegations regarding the Recipient's insolvency or the insolvency of any of its Developers; (iii) making a general assignment for the benefit of creditors; (iv) applying for, or the appointment of, a receiver, trustee, custodian or liquidator of Recipient or any of its Developers or any of their respective properties; (v) inability or admission in writing of its inability to pay its debts as they are due; or (vi) death, if an individual; or the filing by Recipient, or by any of its Developers, of a petition seeking the liquidation or dissolution of Recipient or of any of IIG Program Round 10 —Catalytic QIA Page 18 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 its Developers or the commencement of any other procedure to liquidate or dissolve Recipient or any of its Developers. Involuntary Bankruptcy. Recipient's or any of its Developers' failure to effect a full dismissal of any involuntary (i) petition under any state or federal law regarding bankruptcy, reorganization or other relief to debtors; (ii) proceeding for the appointment of a receiver, trustee or liquidator for Recipient or any of its Developers or all or a material part of the assets of the Recipient or any of its Developers, or (iii) petition or proceeding under other state or federal law regarding bankruptcy, reorganization or other relief to debtors that is filed against Recipient or any of its Developers or in any way restrains or limits Recipient or any of its Developers or the Department regarding the Program Funds, the Property, the Capital Improvement Project or Housing Development(s), in any event prior to the earlier of the entry of any order granting relief sought in the involuntary petition or proceeding, or sixty (60) days after the date of filing of the petition or beginning of the proceeding. g. Liens; Attachment; Condemnation; Encroachments. (i) The filing of any claim of lien against the Property, the Housing Development(s) or the Capital Improvement Project, or any part thereof, or service on the Department of any bonded stop notice relating to the Property, the Housing Development(s) or the Capital Improvement Project and the continuance of the claim for lien or bonded stop notice for twenty (20) days after Recipient or any of its Developers receives actual notice thereof without discharge, satisfaction or provision for payment being made as provided for in Section 13 hereof; (ii) the condemnation, seizure or appropriation of, or the occurrence of an uninsured casualty with respect to, any material portion of the Property, the Housing Development(s) or the Capital Improvement Project, such materiality to be determined by the Department in its sole and absolute discretion; (iii) the sequestration or attachment of, assignment by Recipient, or any of its Developers, for the benefit of its creditors of, or any levy or execution upon, the Property, the Housing Development(s), the Capital Improvement Project, other collateral provided by Recipient, or any of its Developers, under any of the Grant Documents, monies in any account as may be required under any Grant Documents for the deposit of operating income, or substantial portion of the other assets of Recipient, or any of its Developers, which IIG Program Round 10 —Catalytic QIA Page 19 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 is not released, expunged or dismissed prior to the earlier of sixty (60) days after sequestration, attachment or execution or the sale of the assets affected thereby; or (iv) any survey provided to the Department upon a request for a disbursement of Program Funds shows encroachments which occurred without the written approval of the Department which, in its sole discretion, the Department requires to be removed or corrected, and the failure to remove or correct any such encroachments within thirty (30) days after receipt of the survey. General. Recipient's breach of any condition, covenant, warranty, promise or representation contained in this Agreement not otherwise resulting in an Event of Default hereunder and the continuance of such breach for a period of thirty (30) days after written notice thereof to Recipient. 22. Remedies upon an Event of Default. Upon the happening of an Event of Default, the Department's obligation to disburse Program Funds shall terminate and the Department shall have the right to withhold any further disbursement of Program Funds until the default has been cured. Upon the occurrence of an uncured Event of Default, the Department may also, in addition to all other rights and remedies available to the Department hereunder or under the Grant Documents or applicable law, at its option, proceed with any or all remedies set forth herein: a. Terminate this Agreement. b. Call all sums paid or advanced under the Program due and payable, all without notice of default, presentment or demand for payment, protest or notice of nonpayment or dishonor, or other notice or demand of any kind or character. Completion of Project. The Department shall have the right to enter into possession of the Property, the Capital Improvement Project and the Housing Development(s), to take over and complete the Capital Improvement Project or Housing Development(s) in accordance with the Scope of Work, to discharge and replace the Contractor and to employ personnel to protect the Property, the Capital Improvement Project or the Housing Development(s) and, for those purposes, to make disbursements of Program Funds. All such disbursements shall be deemed to have been paid to the Recipient by the Department. Any funds so paid or advanced shall be reimbursed to the Department by Recipient on IIG Program Round 10 —Catalytic QIA Page 20 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 demand, together with interest thereon at the rate of ten (10%) percent per annum from the date of expenditure. Any contracts entered into or indebtedness incurred upon the exercise of such right may be in the name of the Recipient, and for such purposes and the other purposes of this Section 22 the Department is hereby authorized and irrevocably appointed attorney -in -fact (said appointment being coupled with an interest) to enter into said contracts or agreements or contracts or agreements theretofore made by or on behalf of Recipient and to do any and all things necessary or proper to complete the work of construction, including the signing of Recipient's name to such contracts and documents as may be deemed necessary by counsel for the Department. In addition to the foregoing and not in limitation thereof, the Recipient hereby further empowers the Department as said attorney -in -fact as follows: (i) to use any Program Funds for the purpose of completing the construction of the Capital Improvement Project in the manner called for by the Scope of Work; (ii) to make such additions, changes and corrections in the Scope of Work as shall be necessary or desirable to complete the Capital Improvement Project in substantially the manner contemplated by the Scope of Work; (iii) to employ such contractors, subcontractors, agents, architects and inspectors as shall be required for said purposes; (iv) to pay, settle or compromise all existing bills and claims which may be liens against the Property, the Capital Improvement Project, or any part thereof, or as may be necessary or desirable for the completion of the construction of the Capital Improvement Project, or for clearance of title; (v) to execute all applications and certificates in the name of the Recipient which may be required by the Construction Contract or documents entered into in connection therewith; (vi) to prosecute and defend all actions and proceedings in connection with the Property or the construction of the Capital Improvement Project and to take such action and require such performance necessary; and (vii) to do any and every act which the Recipient might do in its own behalf with regard to completion of the construction of the Capital Improvement Project. In no event shall the Department be required to expend its own funds to complete the Capital Improvement Project if the remaining Program Funds are insufficient, but the Department may, at its option, advance such funds. IIG Program Round 10 —Catalytic QIA Page 21 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 d. Stoppage of Construction. Upon an Event of Default specified in subsections (b)(i), (b)(iv) or (g)(iv) of Section 21, the Department may order immediate stoppage of construction and demand that the condition be corrected, notwithstanding any right of Recipient under this Agreement to correct or insure against such defects. After issuance of such an order in writing, no further work shall be done on the Capital Improvement Project without the prior written consent of the Department and until said condition has been fully corrected. e. Curing of Defaults by Disbursement of Program Funds. Upon the happening of any Event of Default that may be cured by payment of money, the Department shall have the right to make such payment from Program Funds. If the payment of any such sums may, in the Department's good faith determination, result in the reduction in the total amount of remaining Program Funds below that required to complete construction of the Capital Improvement Project, the amount which the Department determines in good faith to be necessary to provide for such completion shall be deposited by Recipient with the Department or in such account as the Department may designate, within ten (10) days after written demand therefore by the Department. Judgment for Specific Performance; Appointment of a Receiver. Upon the occurrence of an Event of Default, the Department may seek an order for specific performance in any court of competent jurisdiction or may apply to any such court for the appointment of a receiver to take over and complete construction of the Capital Improvement Project or Housing Development(s) in accordance with the terms of the Grant Documents, or for such other relief as may be appropriate. 23. Right to Advance or Post Program Funds. Where disputes have arisen which, in the good faith opinion of the Department, may endanger timely completion of the Capital Improvement Project or fulfillment of any condition precedent or covenant herein or result in lien claims against the Property or the Capital Improvement Project, the Department may agree to advance Program Funds for the account of Recipient without prejudice to Recipient's rights, if any, to recover said funds from the party to whom paid. Such agreement or agreements may take the form which the Department, in its discretion, deems proper, including, but without limiting the IIG Program Round 10 —Catalytic QIA Page 22 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 generality of the foregoing, agreements to indemnify a title insurer against possible assertion of lien claims, agreements to pay disputed amounts to the Contractor or any potential lien claimant in the event Recipient is unable or unwilling to pay the same, and the like. All sums paid or agreed to be paid pursuant to such undertaking shall be for the account of Recipient, and Recipient agrees to reimburse the Department for any such payments made upon demand therefore with interest at the rate of ten (10%) percent per annum, or such lower rate of interest as may be approved by the Department, from the date of payment until date of reimbursement. Nothing in this or any other section of this Agreement shall be construed to require the Department to advance monies over and above the amount of the Program Funds, though the Department may, at its option, advance such amounts. 24. Right of Contest. Recipient shall have the right to contest in good faith any claim, demand, levy or assessment the assertion of which would constitute an Event of Default hereunder. Any such contest shall be prosecuted diligently and in a manner unprejudicial to the Department or the rights of the Department hereunder. Upon demand by the Department, Recipient shall make suitable provision by deposit of funds with the Department or by bond or by title insurance or other assurance satisfactory to the Department for the possibility that the contest will be unsuccessful. Such provision shall be made five (5) days after demand therefore, and, if made by deposit of funds with the Department, the amount so deposited shall be disbursed in accordance with the resolution of the contest either to Recipient or the adverse claimant. 25. Rights Cumulative, No Waiver. All the Department's rights and remedies provided in the Grant Documents, granted by law or otherwise, are cumulative and, except as provided herein, may be exercised by the Department at any time. No waiver shall be implied from any failure of the Department to take, or any delay by the Department in taking, action concerning any Event of Default or failure of condition under the Grant Documents, or from any previous waiver of any similar or unrelated Event of Default or failure of condition. Any waiver or approval under any of the Grant Documents must be in writing and shall be limited to its specific terms. 26. Attorneys' Fees; Enforcement. If any attorney, including the California Attorney General, is engaged by the Department to enforce, construe or defend any provision of any of the Grant Documents, or as a consequence of any Event of Default not cured hereunder or default under any other Department document, with or IIG Program Round 10 —Catalytic QIA Page 23 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 without the filing of any legal action or proceeding, Recipient shall pay to the Department, immediately upon demand, the amount of all attorneys' fees and costs incurred by the State in connection therewith, together with interest thereon from the date of such demand at the rate of ten (10%) percent per annum. 27. Enforcement of the Construction Contract. The parties hereto agree that the Department shall have, and is hereby assigned, the right of the Recipient to enforce the provisions of the Construction Contract and all documents related thereto in the event, as determined by the Department, in its sole discretion, that the Recipient fails, refuses, or is otherwise unable to enforce them. The Department shall notify the Recipient, in writing, of its determination to effect this assignment, specifying the reasons therefor, at least fifteen (15) days prior to the Department's undertaking any such action. 28. Indemnification and Waiver. a. Indemnification. Recipient agrees to indemnify the Department and its agents, employees and officers against, and hold the Department and its agents, employees and officers harmless from, any losses, damages, liabilities, claims, actions, judgments, court costs and legal or other expenses (including attorneys' fees), of every name, kind and description, which the Department may incur as a direct or indirect consequence of: (i) the making of the grant to the Recipient, except for violations of banking laws or regulations by the Department; (ii) Recipient's failure to perform any obligations as and when required by this Agreement or any of the Grant Documents; (iii) any failure at any time of any of Recipient's representations or warranties to be true and correct; (iv) any act or omission by Recipient, any Developer, any contractor, subcontractor, material supplier, engineer, architect or other person or entity with respect to the Property, the Capital Improvement Project or Housing Development(s); or (v) the presence of hazardous substances on or at the Property, the Capital Improvement Project or the Housing Development(s). Recipient shall pay immediately upon the Department's demand any amounts owing under this indemnity together with interest from the date the indebtedness arises until paid at the rate of ten percent (10%) per annum. The duty of the Recipient to indemnify and hold harmless includes the duties to defend as set forth in Section 2778 of the Civil Code. Recipient shall indemnify and hold harmless the Department and its agents, officers and IIG Program Round 10 —Catalytic QIA Page 24 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 employees as set forth herein regardless of the existence or degree of fault or negligence whether active or passive, primary or secondary on the part of the Department or the Recipient or their respective agents, officers, employees, Developers, contractors or subcontractors; provided, however, that Recipient's duty to indemnify and hold harmless hereunder shall not extend to liability arising from gross negligence or willful misconduct of the Department. Recipient's duty to indemnify the Department shall survive the term of this Agreement or the cancellation of the Standard Agreement. b. Waiver and Release. The Recipient waives and releases any and all rights to any types of express or implied indemnity against the Department or its agents, officers or employees. C. Waiver. The Recipient expressly waives the protections of Section 1542 of the Civil Code in relation to subsections (a) and (b) above. 29. Further Assurances. At the Department's request and at Recipient's expense, Recipient shall execute, acknowledge and deliver any other instrument and perform any other act necessary, desirable or proper (as determined by the Department) to carry out the purpose of the Grant Documents or to perfect and preserve any liens or covenants created by the Grant Documents. 30. Notices. All written notices and demands under the Grant Documents shall be deemed served upon delivery or, if mailed, upon the date shown on the delivery receipt (or the date on which delivery was refused as shown on the delivery receipt) after deposit in United States Postal Service certified mail, postage prepaid, return receipt requested, or after delivery or attempted delivery by an express delivery service, and addressed to the address of Recipient or to the primary place of business or the mailing address of the Department, as applicable, appearing below. Notice of change of address may be given in the same manner, provided Recipient's address shall be in the State of California or the state where Recipient's principal place of business is located, as represented to the Department in the Grant Documents. Recipient's Address: Georgeanne A. White, City Manager City of Fresno 2600 Fresno Street Fresno, CA 93721 IIG Program Round 10 —Catalytic QIA Page 25 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Department's Address: Kim Losoya, Branch Chief Loan Closing Branch Division of State Financial Assistance Department of Housing and Community Development 651 Bannon Street, Suite 400 Sacramento, California 95811 31. Amendments and Additional Aqreements. This Agreement shall not be altered or amended except in writing executed by all parties. The Recipient agrees that any other agreements entered into by the Recipient relating to the performance of this Agreement shall be subject to the written approval of the Department. 32. Books and Records. Recipient shall maintain complete books of accounts and other records for the Project and for the use of the Program Funds; including, but not limited to, records of preliminary notices, lien releases, invoices and receipts, and certificates of insurance pertaining to the Contractor and each subcontractor; and the same shall be available for inspection and copying by the Department upon reasonable notice to Recipient. 33. No Third Parties Benefited. No person other than the Department and Recipient and their permitted successors and assigns shall have any right of action under any of the Grant Documents. 34. Authority to File Notices. At any time subsequent to the funding of the Program Funds, Recipient irrevocably appoints and authorizes the Department, as Recipient's attorney -in -fact, which agency is coupled with an interest, to execute and record, on either of them, in the Department's or Recipient's name, any notices, instruments or documents that the Department deems appropriate to protect the Department's interest under any of the Grant Documents. 35. Actions. At any time after the initial disbursement of Program Funds, the Department may commence, appear in or defend any action or proceeding purporting to affect the Property, the Capital Improvement Project, the Housing Development(s) or the Grant Documents, or the rights, duties or liabilities of Recipient or the Department under the Grant Documents. In exercising this right, the Department may incur or incur and pay reasonable costs and expenses including, without limit, attorneys' fees and court costs and Recipient agrees to pay all such expenses so incurred and reimburse the Department for any expenses so paid. IIG Program Round 10 —Catalytic QIA Page 26 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 36. Relationship of Parties. The relationship of Recipient and the Department under the Grant Documents is, and shall at all times remain, solely that of Recipient as the Grantee and Department as Grantor. The Department neither undertakes nor assumes any responsibility or duty to Recipient or to any third party with respect to the Property, the Capital Improvement Project or the Housing Development(s), except as expressly provided in the Grant Documents. 37. Assignment of Grant Documents. The Recipient shall not assign any interest, or any portion thereof, under the Grant Documents, or in any monies due or to become due thereunder, without the Department's prior written consent. Any such assignment made without the Department's consent shall be void. Recipient recognizes that this is not a commercial loan and that the Department would not make the grant except in reliance on Recipient's expertise and reputation. In this instance, the work to be funded has not been performed at the time of grant approval and the Department is relying on Recipient's expertise and prior experience to construct and develop the Capital Improvement Project and Housing Development(s) in accordance with the terms of the Grant Documents. 38. Restrictions on Transfer of the Project and Interest in Recipient. Recipient shall not assign, sell, transfer or convey any interest held by the Recipient in the Capital Improvement Project or the Housing Development(s), and agrees to ensure that its Developer(s) shall not assign, sell, transfer or convey any interest held by the Develop in any portion of the Project site(s),except as provided for in this Agreement, without the Department's prior written consent. Recipient shall promptly notify the Department of such transfers and shall provide the Department with any documents respecting such transfer as the Department may reasonably request. 39. Integrated Agreement. This Agreement is made for sole benefit and protection of the parties hereto and no other person or persons shall have any right of action or right to rely hereon. As this Agreement contains all the terms and conditions agreed upon between the parties, no other agreement regarding the subject matter thereof shall be deemed to exist or bind any party unless in writing and signed by the party to be charged. Notwithstanding the foregoing sentence or any other provision of this Agreement, this Agreement does not supersede and shall not be deemed to amend any Department Grant Documents. IIG Program Round 10 —Catalytic QIA Page 27 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 40. Termination of this Disbursement Agreement. This Agreement shall terminate upon the expiration of the Standard Agreement. 41. Binding Effect. This Agreement shall be binding on and inure to the benefit of the parties to this Agreement and their heirs, personal representatives, successors, and assigns, except as otherwise provided in this Agreement. 42. Governing Law. This Agreement shall be construed in accordance with and governed by the laws of the State of California. All code references herein refer to the California Codes, unless specifically indicated otherwise. 43. Titles and Captions. Titles or captions contained herein are inserted as a matter of convenience and for reference, and in no way define, limit, extend or describe the scope of this Agreement or any provisions hereof. 44. Interpretation. No provision in this Agreement is to be interpreted for or against either party because that party or his legal representatives drafted such provision. 45. Waiver, Amendments. No breach of any provisions hereof may be waived unless in writing. Waiver of any breach of any provisions hereof shall not be deemed to be a waiver of any other breach of the same or any other provisions hereof. This Agreement may be amended only by a written agreement executed by the parties in interest at the time of the modification. 46. Severance. If any provision of this Agreement is determined by a court of competent jurisdiction, to be illegal, invalid, or unenforceable, such provisions will be deemed to be severed and deleted from the Agreement, as a whole and neither such provisions, nor its severance and deletion shall in any way affect the validity of the remaining provisions of this Agreement. 47. Voluntary Agreement. The parties hereto, and each of them, further represent and declare that the parties carefully read this Agreement and the parties know the contents thereof, and that the parties sign the same freely and voluntarily. 48. Attorney's Fees. In the event of any dispute between the parties regarding this Agreement, the prevailing party shall be entitled to recover costs and expenses, including but not limited to reasonable attorneys' fees. IIG Program Round 10 —Catalytic QIA Page 28 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 49. Non -Discrimination. In the performance of this Agreement, Recipient shall not discriminate against any provider, or potential provider, on the basis of race, color, religion, ancestry, sex, age, national origin, physical handicap or any other arbitrary factor. 50. Incorporation. The following Exhibits, all attached hereto, are hereby incorporated into this Agreement: Exhibit A: Legal Description Exhibit B: Scope of Work Exhibit C: Sources and Uses of Funds (CIP) Exhibit C - 1 Sources and Uses of Funds (QIP) Exhibit D: Disbursement Schedule Exhibit E: Insurance Requirements Exhibit F: Special Conditions [Remainder of this page is blank. Signatures follow on next page.] IIG Program Round 10 — Catalytic QIA Page 29 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 IN WITNESS WHEREOF, the Department and Recipient have executed this Disbursement Agreement as of the date set forth above. Provide Signature Blocks Recipient CITY OF FRESNO, a municipal corporation DocuSigned by: By. 9/4/2025 Georgeanne A. White, City Manager APPROVED AS TO FORM: ANDREW JANZ City Attorney Signed by. By. r N �AywU' ,lAV, 9/4/2025 racy arvanian Date Assistant City Attorney ATTEST: TODD STERMER, MMC City Clerk DocuSigned by: By 9/5/2025 Date Deputy Department: Department of Housing and Community Development, a public agency of the State of California in Jim Claybaugh, Loan Closing Manager IIG Program Round 10 — Catalytic QIA NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Page 30 of 45 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Exhibit "A" to Disbursement Agreement Qualifying Infill Area Description a �;l J • +• v� R 4�. -.� 2. I s • f \ j000l�' • 1F- IIG Program Round 10 —Catalytic QIA Page 31 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 v . . ♦ i� pdi �� � � y r IIG Program Round 10 —Catalytic QIA Page 32 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Exhibit "B" to Disbursement Agreement Capital Improvement Project Scope of Work CIP 1: Water and Sewer Improvements in Downtown Increase capacity of the sanitary sewer system, rehabilitate existing sewer infrastructure. The capital improvements will include the installation of 3,568 linear feet of 12-inch sewer main in Tuolumne, Fulton, and F Streets; rehabilitation of 429 linear feet of 10-inch sewer main in G Street; rehabilitation of 965 linear feet of 24-inch sewer main in H Street; rehabilitation of 1,090 linear feet of 30-inch sewer main, 6,170 linear feet of 36-inch sewer main, and 1,182 linear feet of 42-inch sewer main immediately south of the CQIA area that convey the flows out of the CQIA area. Ancillary work of trench resurfacing, manhole replacements and upgrades, Upsize water mains, relocate water system infrastructure, and install the meter boxes. Installation of 4,309 linear feet of 24-inch water main in H Street; installation of 10,632 linear feet of 16-inch water main along Calaveras, Fulton, Tuolumne, Van Ness, Tulare, F, and Mono Streets and Mariposa Plaza; installation of 1,400 linear feet of 12-inch water main in G Street and Federal Alley. Ancillary work of: trench resurfacing, service, meter box and hydrant replacements and upgrades, road striping and surfacing replacements. Alleyway water infrastructure will be removed and replaced by underground service connections to the newly installed water mains. CIP 2: Street Work at Tuolumne and Van Ness Street work improvements include site preparation such as clearing, grubbing, demolition, erosion/weed control, and fugitive dust management; surface improvements to the curb, gutter and sidewalk and installation of pedestrian scale lighting, urban greening and a landscape irrigation system. The installation of eight pedestrian push buttons at Tuolumne and Van Ness. CIP 3: Structured Parking on North End — Surface Lot 2 The structured parking of 234 stalls will accommodate affordable units developed towards the north end of the CQIA area. IIG Program Round 10 —Catalytic QIA Page 33 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Exhibit "C" to Disbursement Agreement Sources and Uses of Funds Capital Improvement Project Budget INFRASTRUCTURE DEVELOPMENT BUDGET #1 Water and Sewer Improvements COSTS CATEGORY INFILL GRANT Total Site Preparation Costs $2,147,600 Total Site Utilities Costs $17,681 ,842 Total Surface Improvements Costs $3,500,200 Total Soft Costs $4,299,600 Total Other Asset Costs $3,490,1 79 TOTAL PROJECT COSTS $31,119,421 INFRASTRUCTURE DEVELOPMENT BUDGET #2 Street Work at Tuolumne and Van Ness COSTS CATEGORY INFILL GRANT Total Site Acquisition Costs $9,000 Total Site Preparation Costs $154,300 Total Site Utilities Costs $72,300 Total Surface Improvements Costs $311,700 Total Landscape and Amenities Costs $39,200 Total Parking Costs $6,000 Total Soft Costs $261,815 Total Other Asset Costs $59,400 TOTAL PROJECT COSTS $913,715 IIG Program Round 10 -Catalytic QIA Page 34 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 INFRASTRUCTURE DEVELOPMENT BUDGET#3 Structured Parking on North End COSTS CATEGORY Total Parking Costs TOTAL PROJECT COSTS IIG Program Round 10 —Catalytic QIA NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 INFILL GRANT $111,700,000 $111,700,000 Page 35 of 45 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Exhibit "D" to Disbursement Agreement Disbursement Schedule Activity Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 SITE ACQUISITION $9.000.00 $0.00 $0.00 $0.00 $0.00 $0.00 SITE PREPARATION $0.00 $0.00 $70,212.50 $70,212.50 $167.512.50 $167,512.50 UTILITIES $0.00 $0.00 $9.000.00 $9,000.00 $17369,100.00 $1.369,100.00 SURFACE IMPROVEMENTS $0.00 $0.00 $38,900.00 $38,900.00 $308.100.00 $308.100.00 LANDSCAPE $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 PARKING $0.00 $0.00 $0.00 $0.00 $270.676.14 $879,178.76 SOFT COSTS $98.816.95 $1.264.22 $20,214.84 $1.382.822.72 $246,136.85 $246,136.85 OTHER CAPITAL ASSET COSTS $0.00 $0.00 $7,425.00 $77425.00 $2757925.00 $275,925.00 Total $107,817 $1,264 $145,752 $1,508,360 $2,637,450 $3,245,953 Activity Ma -26 Jun-26 Jul-26 Au -26 Se -26 Oct-26 SITE ACQUISITION $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 SITE PREPARATION $1677512.50 $167,512.50 $1671512.50 $167.512.50 $165.200.00 $165.200.00 UTILITIES $1,369.100.00 $11369,100.00 $1.369,100.00 $1.369.400.00 $1.360.100.00 $1.360.100.00 SURFACE IMPROVEMENTS $308,100.00 $308.100.00 $3087100.00 $308.600.00 $269,200.00 $269,200.00 LANDSCAPE $0.00 $13,066.00 $13,066.00 $131068.00 $0.00 $0.00 PARKING $879J 78.76 $879.178.76 $882,178.76 $882J78.76 $879.178.76 $879,178.76 SOFT COSTS $246.136.85 $246.136.85 $2467136.85 $246,151.85 $225.922.00 $225.922.00 OTHER CAPITAL ASSET COSTS $275,925.00 $275,925.00 $275.925.00 $275.925.00 $268,500.00 $268.500.00 Total $3,245,953 $3,259,019 $3,262,019 $3,262,836 $3,168,101 $3,168,101 Activity Nov-26 Dec-26 Jan-27 Feb-27 Feb-27 A r-27 SITE ACQUISITION $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 SITE PREPARATION $1657200.00 $165,200.00 $165,200.00 $165.200.00 $165,200.00 $0.00 UTILITIES $1,360,100.00 $1,360,100.00 $1.360,100.00 $1.360,100.00 $11360,642.00 $0.00 SURFACE IMPROVEMENTS $269,200.00 $269,200.00 $269,200.00 $269,200.00 $269,800.00 $0.00 LANDSCAPE $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 PARKING $879,178.76 $879.178.76 $879,178.76 $879,178.76 $879,178.76 $879,178.76 SOFT COSTS $225,922.00 $225,922.00 $225,922.00 $225.922.00 $225,928.13 $0.00 OTHER CAPITAL ASSET COSTSI $268,600.00 1 $268,500.00 $268.500.00 $268.500.00 $268,179.00 $0.00 Totall $3,168,1011 $3,168,101 $3,168,101 $3,168,101 $3,168,928 $879,179 Activity Award SITE ACQUISITION $9,000.00 SITE PREPARATION $2,301.900.00 UTILITIES $17.754,142.00 SURFACE IMPROVEMENTS $3,811,900.00 LANDSCAPE $39,200.00 PARKING $11.706,000.00 SOFT COSTS $4,561,415.00 OTHER CAPITAL ASSET COSTS $3,549,579.00 Total $43,733,136.00 IIG Program Round 10 -Catalytic QIA Page 36 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Exhibit "E" to Disbursement Agreement Insurance Requirements These insurance requirements govern insurance coverage on the Capital Improvement Project improved using infrastructure grant funding from the Department's Infill Infrastructure Grant Program. The Department reserves the right to revise and vary these requirements based on, among other items, the availability of coverage, current insurance industry standards and concerns specific to the insured property. Recipients of Department infrastructure grants are responsible for carrying the minimum required insurance coverage according to this Disbursement Agreement. Insurance coverage meeting the following requirements will be deemed by the Department to be in compliance with this Disbursement Agreement. Submit a certificate of insurance (or other evidence) that acknowledges the Department's security interest and has appropriate coverage in force for property and liability exposures as follows: 1. GENERAL REQUIREMENTS: a. Copy of its commercial general liability policy and its excess policy or binder until such time as a policy is available, including the declarations page, applicable endorsements, riders, and other modifications in effect at the time of contract execution. Standard ISO form No. CG 0001 or similar exclusions are allowed if not inconsistent with Section 2, "Indemnification and Insurance." Allowance of additional exclusions is at the discretion of the Department. b. Certificate of insurance showing all other required coverages. Certificates of insurance, as evidence of required insurance for the auto liability and any other required policy, shall set forth deductible amounts applicable to each policy and all exclusions that are added by endorsement to each policy. The evidence of insurance shall provide that no cancellation, lapse, or reduction of coverage will occur without 10 days prior written notice to the Department. C. A declaration under the penalty of perjury by a certified public accountant certifying the accountant has applied Generally Accepted Accounting Principles (GAAP) guidelines confirming the Recipient has sufficient funds and resources to cover any self -insured retentions if the self -insured retention is $50,000 or higher. IIG Program Round 10 —Catalytic QIA Page 37 of 45 NOFA: Phase I-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 d. If the Recipient uses any form of self-insurance for workers compensation in lieu of an insurance policy, it shall submit a certificate of consent to self -insure in accordance with the provisions of Section 3700 of the Labor Code. 2. INDEMNIFICATION AND INSURANCE: The Contractor's obligations regarding indemnification of the State of California and the requirements for insurance shall conform to the provisions in Section 2(a), "Indemnification," and Section 2(b), "Insurance," of Section 2. a. INDEMNIFICATION 1. The Contractor shall defend, indemnify, and save harmless the State, including its officers, employees, and agents (excluding agents who are design professionals) from any and all claims, demands, causes of action, damages, costs, expenses, actual attorneys' fees, losses or liabilities, in law or in equity arising out of or in connection with the Contractor's performance of this contract for: 2. Bodily injury including, but not limited to, bodily injury, sickness or disease, emotional injury or death to persons, including, but not limited to, the public, any employees or agents of the Contractor, the State, or any other contractor; and 3. Damage to property of anyone including loss of use thereof; caused or alleged to be caused in whole or in part by any negligent or otherwise legally actionable act or omission of the Contractor or anyone directly or indirectly employed by the Contractor or anyone for whose acts the Contractor may be liable. 4. Except as otherwise provided by law, these requirements apply regardless of the existence or degree of fault of the State. The Contractor is not obligated to indemnify the State for Claims arising from conduct delineated in Civil Code Section 2782 and to Claims arising from any defective or substandard condition of the highway that existed at or before the start of work, unless this condition has been changed by the work or the scope of the work requires the Contractor to maintain existing highway facilities and the Claim arises from the Contractor's failure to maintain. The Contractor's defense and indemnity obligation shall extend to Claims arising after IIG Program Round 10 —Catalytic QIA Page 38 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 the work is completed and accepted if the Claims are directly related to alleged acts or omissions by the Contractor that occurred during the course of the work. State inspection is not a waiver of full compliance with these requirements. 5. The Contractor's obligation to defend and indemnify shall not be excused because of the Contractor's inability to evaluate liability or because the Contractor evaluates liability and determine that the Contractor is not liable. The Contractor shall respond within 30 days to the tender of any Claim for defense and indemnity by the State, unless this time has been extended by the State. If the Contractor fails to accept or reject a tender of defense and indemnity within 30 days, in addition to any other remedy authorized by law, the Department may withhold such funds the State reasonably considers necessary for its defense and indemnity until disposition has been made of the Claim or until the Contractor accepts or rejects the tender of defense, whichever occurs first. 6. With respect to third -party claims against the Contractor, the Contractor waives all rights of any type to express or implied indemnity against the State, its officers, employees, or agents (excluding agents who are design professionals). 7. Nothing in the Contract is intended to establish a standard of care owed to any member of the public or to extend to the public the status of a third -party beneficiary for any of these indemnification specifications. b. INSURANCE 1. Nothing in the contract is intended to establish a standard of care owed to any member of the public or to extend to the public the status of a third -party beneficiary for any of these insurance specifications. C. CASUALTY INSURANCE The Contractor shall procure and maintain insurance on all of its operations with companies acceptable to the State as follows: A. The Contractor shall keep all insurance in full force and effect from the beginning of the work through contract acceptance. B. All insurance shall be with an insurance company with a rating from A.M. Best Financial Strength Rating of A - or better and a Financial Size Category of VII or better. IIG Program Round 10 —Catalytic QIA Page 39 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 C. The Contractor shall maintain completed operations coverage with a carrier acceptable to the State through the expiration of the patent deficiency in construction statute of repose set forth in Code of Civil Procedure Section 337.1. d. WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY INSURANCE 1. In accordance with Labor Code Section 1860, the Contractor shall secure the payment of worker's compensation in accordance with Labor Code Section 3700. 2. In accordance with Labor Code Section 1861, the Contractor shall submit to the Department the following certification before performing the work: A. I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the work of this contract. 3. Contract execution constitutes certification submittal. 4. The Contractor shall provide Employer's Liability Insurance in amounts not less than: A. $1,000,000 for each accident for bodily injury by accident B. $1,000,000 policy limit for bodily injury by disease C. $1,000,000 for each employee for bodily injury by disease 5. If there is an exposure of injury to the Contractor's employees under the U.S. Longshoremen's and Harbor Workers' Compensation Act, the Jones Act, or under laws, regulations, or statutes applicable to maritime employees, coverage shall be included for such injuries or claims. e. GENERAL LIABILITY INSURANCE 1. The Contractor shall carry General Liability and Umbrella or Excess Liability Insurance covering all operations by or on behalf of the Contractor providing insurance for bodily injury IIG Program Round 10 —Catalytic QIA Page 40 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 liability and property damage liability for the following limits and including coverage for: A. Premises, operations, and mobile equipment B. Products and completed operations C. Broad form property damage (including completed operations) D. Explosion, collapse, and underground hazards E. Personal injury F. Contractual liability 2. The Contractor shall not require certified Small Business subcontractors to carry Liability Insurance that exceeds the limits in Section 2(f)(1), "Liability Limits/Additional Insureds," of these specifications. The maximum required Liability Insurance limits in Section 2(f)(1), "Liability Limits/Additional Insureds," of these specifications shall apply to certified Small Business subcontractors for work performed on the project, regardless of tier. The provisions of Section 2(f)(1), "Liability Limits/Additional Insureds," shall be included in all subcontracts for all tiers. f. LIABILITY LIMITS/ADDITIONAL INSUREDS 1. The limits of liability shall be at least the amounts shown in the following table: IIG Program Round 10 —Catalytic QIA Page 41 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Construction For Each Aggregate for General Umbrella or Contract Occurrence Products/ Aggregate2 Excess Amount 4 1 Completed Liability3 Operation :5$1, 000, 000 $1, 000, 000 $2,000,000 $2,000,000 $5, 000, 000 >$1,000,000 :5$15,000,000 $1,000,000 $2,000,000 $2,000;000 $10,000,000 >$15,000,000 :5$25,000,000 $2,000,000 $2,000,000 $4,000,000 $15,000,000 >$25,000,000 $2,000,000 $2,000,000 $4,000,000 $25,000,000 1. Combined single limit for bodily injury and property damage. 2. This limit shall apply separately to the Contractor's work under this contract. 3. The umbrella or excess policy shall contain a clause stating that it takes effect (drops down) in the event the primary limits are impaired or exhausted. 4. "Construction Contract Amount" is the total amount of the construction contract all or a portion of which is funded with IIG funds. 2. The State, including its officers, directors, agents (excluding agents who are design professionals), and employees, shall be named as additional insureds under the General Liability and Umbrella Liability Policies with respect to liability arising out of or connected with work or operations performed by or on behalf of the Contractor under this contract. Coverage for such additional insureds does not extend to liability: A. Arising from any defective or substandard condition of the roadway which existed at or before the time the Contractor started work, unless such condition has been changed by the work or the scope of the work requires the Contractor to maintain existing roadway facilities and the claim arises from the Contractor's failure to maintain; B. For claims occurring after the work is completed and accepted unless these claims are directly related to alleged acts or omissions of the Contractor that occurred during the course of the work; or C. To the extent prohibited by Insurance Code Section 11580.04 3. Additional insured coverage shall be provided by a policy provision or by an endorsement providing coverage at least as broad as Additional Insured (Form B) endorsement form IIG Program Round 10 — Catalytic QIA Page 42 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 CG 2010, as published by the Insurance Services Office (ISO), or other form designated by the Department. g. CONTRACTOR'S INSURANCE POLICY IS PRIMARY The policy shall stipulate that the insurance afforded the additional insureds applies as primary insurance. Any other insurance or self-insurance maintained by the State is excess only and shall not be called upon to contribute with this insurance. h. AUTOMOBILE LIABILITY INSURANCE The Contractor shall carry automobile liability insurance, including coverage for all owned, hired, and non -owned automobiles. The primary limits of liability shall be not less than $1,000,000 combined single limit each accident for bodily injury and property damage. The umbrella or excess liability coverage required under Section 2 (f)(1) also applies to automobile liability. POLICY FORMS, ENDORSEMENTS, AND CERTIFICATES The Contractor shall provide its General Liability Insurance under Commercial General Liability policy form No. CG0001 as published by the Insurance Services Office (ISO) or under a policy form at least as broad as policy form No. CG0001. j. DEDUCTIBLES The State may expressly allow deductible clauses, which it does not consider excessive, overly broad, or harmful to the interests of the State. Regardless of the allowance of exclusions or deductions by the State, the Contractor is responsible for any deductible amount and shall warrant that the coverage provided to the State is in accordance with Section 2(b), "Insurance." k. ENFORCEMENT 1. The Department may assure the Contractor's compliance with its insurance obligations. Ten days before an insurance policy lapses or is canceled during the contract period, the Contractor shall submit to the Department evidence of renewal or replacement of the policy. 2. If the Contractor fails to maintain any required insurance coverage, the Department may maintain this coverage and withhold or charge the expense to the Contractor or terminate the Contractor's control of the work. 3. The Contractor is not relieved of its duties and responsibilities to indemnify, defend, and hold harmless the State, its officers, IIG Program Round 10 —Catalytic QIA Page 43 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 agents, and employees by the Department's acceptance of insurance policies and certificates. 4. Minimum insurance coverage amounts do not relieve the Contractor for liability in excess of such coverage, nor do they preclude the State from taking other actions available to it, including the withholding of funds under this contract. IIG Program Round 10 —Catalytic QIA Page 44 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 Docusign Envelope ID: 439F369E-66F5-4266-9B43-163B2DAD2723 Exhibit "F" to Disbursement Agreement Special Conditions IIG Program Round 10 —Catalytic QIA Page 45 of 45 NOFA: Phase 1-11/30/22; Phase II - 3/15/23 Approved Date: 03/25/24 Prep Date: 09/02/25 09-05-2025 Downtown Fresno Catalytic - Final IIG Disbursement Agreement (SIGNED) (003) Final Audit Report 2025-09-08 Created: 2025-09-08 By: Cynthia Byrd (Cynthia.Byrd@hcd.ca.gov) Status: Signed Transaction ID: CBJCHBCAABAAcPpmXvRHsK-dkwze1SzzZpW4FSwaZZyR "09-05-2025 Downtown Fresno Catalytic - Final IIG Disburseme nt Agreement (SIGNED) (003)" History Document digitally presigned by DocuSign\, Inc. (enterprisesupport@docusign.com) 2025-09-05 - 4:13:59 PM GMT Document created by Cynthia Byrd (Cynthia. Byrd@hcd.ca.gov) 2025-09-08 - 7:53:40 PM GMT Document emailed to Jim Claybaugh (jim.claybaugh@hcd.ca.gov) for signature 2025-09-08 - 7:55:28 PM GMT Email viewed by Jim Claybaugh Qim.claybaugh@hcd.ca.gov) 2025-09-08 - 7:55:46 PM GMT o Document e-signed by Jim Claybaugh (jim.claybaugh@hcd.ca.gov) Signature Date: 2025-09-08 - 8:29:52 PM GMT - Time Source: server Agreement completed. 2025-09-08 - 8:29:52 PM GMT Q Adobe Acrobat Sign