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(Assessor's Parcel No. 941 - 2778 - 013 -00 and part of APN 941 - 2778 - 012 -00); (2) The <br /> BRE site at the north corner of Hacienda Drive and Gibraltar Drive (APN 941- 2778 -011- <br /> 00); and (3) The Roche Molecular Systems site, south of Gibraltar Drive between Willow <br /> Road and Hacienda Drive (a portion of APN 941 - 2761 - 003 -00)): <br /> (1) Density: Minimum of 30 units per acre <br /> (2) Affordability: The greater of (a) 15 percent of all units, or (b) 130 units, will be <br /> made available exclusively to very -low income (50% of AMI) households. <br /> Through the affordable housing agreements entered into between the City <br /> and each developer, these affordable units will be deed - restricted in <br /> perpetuity. The affordable housing agreements will be recorded and will run <br /> with the land. <br /> (3) Section 8 Rental Assistance Vouchers: Through the affordable housing <br /> agreements entered into between the City and each developer, the <br /> developments will be required to accept HUD Section 8 Rental Vouchers as a <br /> means of assisting qualified applicants. <br /> (4) Bedroom Mix of Affordable Units: A minimum of 10 percent of the total <br /> affordable units will be three - bedroom units; a minimum of 35 percent of the <br /> total affordable units will be two - bedroom units; and the remaining affordable <br /> units will be one bedroom units. <br /> (5) Location of Affordable Units: Affordable units will be dispersed throughout the <br /> development. <br /> Section 2: Except as modified above for the parcels specified, all present <br /> conditions of the approved Hacienda PUD development plans and design guidelines <br /> and City- approved major and minor modifications shall remain in full force and effect. <br /> Section 3. A summary of this ordinance shall be published once within <br /> fifteen (15) days after its adoption in "The Valley Times," a newspaper of general <br /> circulation published in the City of Pleasanton, and the complete ordinance shall be <br /> posted for fifteen (15) days in the City Clerk's office within fifteen (15) days after its <br /> adoption. <br /> Section 3. This ordinance shall be effective thirty (30) days after its passage <br /> and adoption. <br /> The foregoing Ordinance was introduced at a regular meeting of the City Council <br /> of the City of Pleasanton on December 7, 2010 by the following vote and adopted at a <br /> regular meeting of the City Council of the City of Pleasanton on January 4, 2011. <br /> Ayes: <br /> Noes: <br /> Absent: <br /> Abstain: <br /> Jennifer Hosterman, Mayor <br />