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... QSA, Inc. T-J, ��1-�� RO °x:52 AM 4/6 It 10 4. Any homeowners in the program who sell before ten years{ pay the city its entire rinci le investment and the home cont�rYUes to generate increased tax can its improvement. This further enhances the city's home improvement re ven ie stream. If homeowners do stay longer thwi ten years, then the goal of the program to promote citizen investment and life cycle housing in Roseville is achieved. 5. Interested homeowners will be given a prepared description of the styles of homes that will qualify, for example "Typical" homes built between 1945 and 1975, of ranch, rambler or Cape Cod (story and one-half) style. 6. Prepared program qualifications will also specify improvements that (at least one of which) must be demonstrated in a reconstruction. They include an enlarged and im p roved Kitchen, an additional or enlarged bathroom, a ,Waster bedroom/couple's suite, a main floor family room, and a second garage stall. 7. The improvement must be designed by are architect (nift unuin bachelor of Architecture degree). 8. The city will be permitted to video the improvement, bold an open house to display it, and otherwise publicize it. This includes a right of the city to acquire design plans and drawings for publication. 9. A homeowner can qualify for the program by having his or her plans approved when construction lending is approved by a lender, enterbig a loan agreement with the city at the same time the lender closes its loam,. No funds will be disbursed by the s errr�t photography city until the project is ready for display. The homeowner muti t � acid doctunentation of the project in advance of completion of the project. 10. Homeowners will be selected for the program on a first-come, first-served basis, the city reserving the right to determine the suitability of the project for loam qualification. If the project is subncutted as an nn-progress project the city may tape into account it's ability to document the pre e)Q stin g home and its reconstruction. Pre-loan advice on qualifying for the program will be available (from A), 11. QSA, Inc. will prepare lender, builder and architect information to be available to horn eown ers on request. Specific recommendations will not be made, but after a period of time QSA will develop lists labeled "Your neighbors recommend". 12. A waiting list will be compiled for recipients of the next available binding.