PC 2006-56 - Laserfiche WebLink

The dedicated land must be appropriately zoned, buildable, free of toxic substances and contaminated soils, and large enough to accommodate the number of Inclusionary Units required for the project. The City's acceptance of land dedication shall require that the lots be fully improved, with infrastructure, adjacent utilities, grading, and fees paid. C. Credit Transfers In the event a project exceeds the total number of Inclusionary Units required in this Chapter, the Project Owner may request Inclusionary Unit Credits which may be used to meet the affordable housing requirements of another project. Inclusionary Unit Credits are issued to and become the possession of the Project Owner and may not be transferred to another Project Owner without approval by the City Council. The number of Inclusionary Unit Credits awarded for any project is subject to approval by the City Council. D. Alternate Methods of Compllance Applicants may propose creative concepts for meeting the requirements of this Chapter, in order to bring down the cost of providing Inclusionary Units, whether on or off site. The City Council may approve alternate methods of compliance with this Chapter if the Applicant demonstrates that such alternate method meets the purpose of this Chapter (as set forth in Section 17.44.020). E. Lower Income Housing Fee Opdon In lieu of providing Inclusionary Units in a project, an applicant may pay the City's Lower Income Housing Fee as set forth in Chapter 17.40 of the Municipal Code. ARTICLE HI MISCELLANEOUS Section 17.44.090. Administration An applicant of a project subject to this Chapter shall submit an Affordable Housing Proposal stating the method by which it will meet the requirements of this Chapter. The Affordable Housing Proposal shall be submitted as part of the applicant's City development application (e.g., design review, Planned Unit Development, etc.) to the Planning Department in a form approved by the City Manager. The Director of Planning and Community Development may waive the requirement for submittal of an Affordable Housing Proposal for projects approved prior to the effective date of this ordinance and/or for projects that have undergone considerable pubic review during which affordable housing issues were addressed.