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b. Growth Management Approval. Following its determination that a proposed Jl project is a qualifying affordable housing project and that there are units available in the affordable housing suballocation to allocate to it, the city council,at its discretion, may grant an allocation to the project for such year or years as it deems necessary to allow construction of the project consistent with city growth management policies. The city may exercise its discretion in determining both the size of a qualifying project as well as its phasing. The council approval shall be in the form of an affordable housing agreement. B.Major Project. A major project developer must receive a specific allocation for the number of units and years in which its project's units will be built. This allocation must be made from the suballocation for major projects. I. Availability of Building Permits to Major Projects. a. Initial Suballocation and Adjustments. The major project suballocation shall be as initially established in Section 17.36.070(B)(2)of this chapter and may be modified from time to time by the city council as described in Section 17.36.070 of this chapter. b. Unused First-Come, First-Served Suballocation: On December I st of each calendar year, a major project developer which has received growth management approval is eligible to secure building permits from the first-come, first-served suballocation, including its 15 units set-aside, if the suballocation for that calendar year has remaining units available. 2. Approval Process. a. Prior Discretionary Project Approval Necessary. (1) A major project developer may request a growth management allocation at the time of, or after, any of the following: PUD plan approval, design review approval,or a tentative map approval. The planning division shall provide the necessary application forms, and a project developer must file the application with the planning division. The application shall be accompanied by a fee established by the resolution establishing fees and the charges for various municipal services. The request shall indicate the desired phasing of the project. (2) No application for a major project allocation will be accepted for processing by the planning division if capacity within the major project suballocation is not available for a reasonable project phase within at least the second calendar year after the year the application is tendered. b. Growth Management Approval. (I) The major project suballocation established in Section 17.36.070(B)(2) of this chapter shall not be exceeded. The city council may grant a specific growth management allocation to a project for one or more years so long as the total units allocated to major projects in any given year does not exceed the suballocation for that year. (2) In reviewing a major project developer's request for allocation,the city council shall use its discretion in establishing a phasing schedule, giving consideration to the number of major projects which are pending or are likely to seek approval in the near term, the principle of"first-come, first-served,"the