The Owner will enter a two-year contract for Property Management Services, with an option to renew the contract for an additional two years. The renewal period is subject to the Owner's approval. The Property Management Services will include, but not be limited to, the following duties and responsibilities: 1) Signage packet, brochure design, and area market rent analysis: 2) New tenant intake, including marketing, establishing and maintaining a site-based waiting list, determination of applicant eligibility, applicant screening, and tenant selection; 3) Lease execution, including explaining the lease and all attachments; 4) Collection of rent and charges in addition to rent; 5) Lease enforcement; 6) Full maintenance repair of the development; 7) Full responsibility for hiring and firing of staff and staff training; 8) Annual reexaminations of income and family composition; 9) Annual unit inspections; 10) Unit turnover, including preparing vacated units for re-leasing and leasing; 11) Capital improvements and repairs; 12) Purchase of all required supplies and services. Full fiscal management responsibilities including preparing annual operating budgets, monthly financial reporting, and keeping expenses and income within approved budget amounts; 13) Providing weekly and monthly reports as specified by the Owner; 14) Assisting with the identification and selection of the Social Service Provider to ensure a full array of services is being delivered to support the resident population. Administering the Social Services Provider's Contract.
