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ATTACHMENT C 43 44 B. Available for Sale: The earliest implementation of any of the following actions: negotiating to enter 45 into a purchase agreement that includes an affordable housing building, including like-kind property 46 swaps such as a 1031 exchange, advertising the sale of an affordable housing building, entering into a 47 listing agreement to sell an affordable housing building, or posting a sign that an affordable housing 48 building is for sale. 49 C.Cause: The tenant or a member of the tenant’s household materially violated a term of the lease or 50 rental agreement, or violated an applicable federal, state, or local law or regulation. 51 D.Housing Building:A building with five or more rental units. 52 E. Housing Unit: A rental unit within a housing building. 53 F.Material Change: A change in the terms of a lease that significantly limits or restricts the tenants’ use 54 and enjoyment of a housing unit or the housing building. 55 G. Rent: A fixed periodical payment made by the tenant to the landlord for occupancy of a housing unit 56 but shall not include additional costs that may be incurred above occupancy of the housing unit such as 57 utilities, garage, storage closets, and the like. 58 H. Tenant Notification Period: The period that commences on the date when a written notice of the transfer 59 of ownership of a housing building is sent to each housing unit tenant pursuant to Section 910.04 and ends 60 on the last day of the third full calendar month following the date on which the notice was sent. In no 61 case shall the tenant notification period be less than 90 days. 62 I. Transfer of Ownership:Any conveyance of title to an affordable housing building, whether legal or 63 equitable, voluntary or involuntary, resulting in a transfer of control of the building, effective as of the 64 earlier of the date of delivery of the instrument of conveyance or the date the new owner takes possession. 65 910.03: Notice to the City of Proposed Sale 66 A.Notice to the City: Any owner or representative of the owner who intends to make available for sale 67 any affordable housing building shall notify the Community Development Director and Fire Chief of the 68 proposed sale by providing the notice required in this Section. The notice shall be on a form prescribed 69 by the City stating the owner’s intent to make available for sale the affordable housing building and which 70 may include, at the City's sole discretion, some or all of the following information: 71 1.Owner’s name, phone number, and mailing address; 72 2.Address of the affordable housing building that will be made available for sale; 73 3.Total number of dwelling units in the building; and 74 4.Number and type (e.g., efficiency, one bedroom, two bedrooms, etc.) of each of the affordable 75 housing dwelling units in the building and the contract rent for every dwelling unit in the Page 2 of 6