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ATTACHMENT 7 THE CITY OF Housing Commission pLEASANTON. M inutes f DRAFT EXCERPT] City Council Chambers, 200 Old Bernal Ave., Pleasanton, CA February 18, 2010 7:00 p.m. 8. PUBLIC HEARINGS AND OTHER MATTERS A. Amendment to an Affordable Housing Agreement for the Civic Square Apartments (4800 Bernal Avenue) Recommended for City Council Approval in February 2009 (PUD- 84- 21 -4M) Steven Bocian, Assistant City Manager, presented the staff report. Mr. Bocian advised that in February 2009 this Commission approved an Affordable Housing Agreement with Braddock and Logan as part of its proposal to remodel the existing rental office, remove the existing tennis court, and add 12 new apartment units in three buildings at its Civic Square apartment complex located at 4800 Bernal Avenue. The development did not meet the threshold to be subject to the City's Inclusionary Zoning Ordinance. However, all parties agreed to an affordability plan that consisted of two apartment units restricted to households with incomes at 80% of less of the Area Median Income (AMI) and 10 apartment units restricted to households with incomes at 120% or less of AMI. In May 2009, the City Council decided not to take action on the PUD application and directed Braddock and Logan to consider additional project amenities including green building, photovoltaic rooftop energy, universal design, affordability in perpetuity, and increasing the number of units in the proposed addition. In response to this request, the developer has redesigned the project to include 36 new units with a completely redesigned central common area that includes a new expanded swimming pool and sun deck, a 540 sq. ft. resident lounge, a 700 sq. ft. exercise facility, and a new 520 sq. ft. leasing office. Following the Council's action, staff met over a period of several months with the developer to refine the Affordable Housing Plan in recognition of the benefits that the project will bring to affordable housing in the Downtown area. Staff and the developer have agreed to the following components that are consistent with the IZO: Page 1