ORD 1723 - Laserfiche WebLink

14. One of the 1,270 square foot units (Plan 2) its location determined by the applicant, shall be offered for sale to a qualified moderate income household at a price affordable to a four-person household earning 100% of the median income in the City's PMSA. The unit shall be the equal to other units within the project in terms of its construction and finishes. The applicant shall work with the City's Affordable Housing Commission to establish the sale program for this unit, said program to be comparable to previous City moderate-income for-sale programs in terms of its establishment of the ultimate sale price, its long-term affordability, first-time home-buyer and City resident preferences, and City participation in marketing and financing. 15. The applicant shall work with the City to sell one additional unit (Plan 2, 1,270 square feet), its location determined by the applicant, to a qualified moderate-income household at the same sales price as the affordable unit described in Condition 14. The City shall utilize its Lower Income Housing Fund to subsidize the additional unit to achieve the targeted affrodable sales price. The City shall have 90 days from the start of construction on the first unit in the project to exercise this option. The terms and conditions of the purchase agreement including determination of the fair market price, shall be developed by the applicant working with the City's Affordable Housing Cornremission. This agreement shall be completed prior to the start of construction of the project; however, the City shall not unreasonably withhold permits to begin construction if the applicant has worked diligently to complete the agreement. This unit, if the City exercises its option, shall be constructed and owned in a manner similar to the affordable unit required to be included in the project in Condition 14, above. CC&Rs 16. The applicant shall record CC&R's at the time ofrecordation of the final map which shall create a property owners association for the entire development. The CC&R's shall be subject to the review and approval of the City Attorney prior to recordation of the final map. The property owners association shall be responsible for the maintenance of all private streets, private utilities, gates, tot lot, and other common areas and facilities on the site, including all landscaping and property-line fencing extending to the face of curb. The CC&Rs shall indicate that the property owners association shall maintain the trail landscaping and fencing for a period not to exceed two years from the date of City acceptance of the trail landscaping as adequate and complete. ARer this maintenance period, the trail area shall be maintained by the City or by whatever maintenance organization has been established by the EBRPD to maintain the regional trail. The City shall be granted the rights and remedies of the association, but not the obligation, to enforce the maintenance responsibilities of the property owners association. 17. The developer shall prepare development standards for inclusion within the CC&R's for decks, patio covers, spas, sheds, and other accessory structures for review and approval by the Planning Director prior to approval of a final map. Said standards shall limit such structures in such a way as to ensure privacy to neighboring properties and adequate open PUD-97-08 Page 3