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(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 made <br /> available exclusively to very-low income (50% of AMI) households. Through the <br /> affordable housing agreements entered into between the City and each developer, <br /> these affordable units will be deed - restricted in perpetuity. The affordable housing <br /> agreements will be recorded and will run with the land. <br /> (3) Section 8 Rental Assistance Vouchers: Through the affordable housing agreements <br /> entered into between the City and each developer, the developments will be required <br /> to accept HUD Section 8 Rental Vouchers as a means of assisting qualified <br /> applicants. <br /> (4) Bedroom Mix of Affordable Units: A minimum of 10 percent of the total affordable <br /> units will be three - bedroom units; a minimum of 35 percent of the total affordable <br /> units will be two - bedroom units; and the remaining affordable units will be one <br /> 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 conditions <br /> of the approved Hacienda PUD development plans and design guidelines and City- approved <br /> major and minor modifications shall remain in full force and effect. <br /> Section 3. A summary of this ordinance shall be published once within fifteen (15) <br /> days after its adoption in "The Valley Times," a newspaper of general circulation published in <br /> the City of Pleasanton, and the complete ordinance shall be posted for fifteen (15) days in the <br /> City Clerk's office within fifteen (15) days after its adoption. <br /> Section 3. This ordinance shall be effective thirty (30) days after its passage and <br /> adoption. <br /> The foregoing Ordinance was introduced at a regular meeting of the City Council of the <br /> City of Pleasanton on December 7, 2010 by the following vote and adopted at a regular meeting <br /> 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 /> ATTEST: <br /> Karen Diaz, City Clerk <br /> APPROVED AS TO FORM: <br /> Jonathan P. Lowell, City Attorney <br />