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07
City of Pleasanton
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/7/2013
DESTRUCT DATE
15Y
DOCUMENT NO
07
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agreement to perform all the mitigation measures identified in the Project Mitigation Monitoring <br /> and Reporting Program. <br /> Section 3.02.Development Impact Fees. Except as otherwise specifically set forth in this <br /> Article 3 or otherwise herein, Developer shall only pay to City those legally enforceable <br /> development impact fees and exactions which are in effect as of the Effective Date. A complete <br /> list of these applicable development impact fees and exactions is attached as DA Exhibit C. <br /> Developer may elect to defer certain fees consistent with City's Fee Deferral Program in force <br /> and effect as of the Effective Date. Further, in the event Developer applies for multiple grading <br /> or building permits covering portions or phases of the Project, Developer shall only pay those <br /> development impact fees(or prepare such study or studies) applicable to the portion or phase of <br /> the Project covered by the issued permit. However, during the Term of this Agreement, except <br /> as specifically set forth in this Agreement or the Project Approvals, Developer shall pay those <br /> periodic cost of living or similar indexed increases, decreases or adjustments to such fees and <br /> exactions as are applicable and in effect at the time such fees or exactions would otherwise be <br /> payable to City. <br /> Section 3.03.Traffic Mitigation Measures; Traffic Impact Fees Developer shall be obligated to <br /> mitigate the traffic related impacts of the Project in conformance with the Housing Element EIR, <br /> Mitigation Measure 4.N-7, which shall be deemed full compliance with General Plan policy, by <br /> complying with each of the following: <br /> (a) Pleasanton Traffic Impact Fee. Developer shall pay to the City applicable <br /> Pleasanton Traffic Impact Fee in accordance with the City's fee schedule. Developer <br /> and City shall adjust such fees for applicable credits under the City's North Pleasanton <br /> Improvement District that the parties are able to establish, and <br /> (b) Tri-Valley Transportation Committee Fee. Developer shall pay to the City <br /> the Tri-Valley Transportation Committee Fee as may be applicable. <br /> Section 3.04.Below Market Rate Units. As more particularly set forth in the AHA, assuming <br /> Developer develops the 305 apartment unit project as contemplated by the GMA and the <br /> Project Design Review, Developer shall be obligated to make Fifteen percenl:(15%) or forty six <br /> (46) affordable units available for rent within the Project Site, in accordance with the following: <br /> (a) Eight (8) affordable units to households at or below 50% of the Area <br /> Median Income ("AMI"); <br /> (b) Fifteen (15) affordable units to households at or below 83% of the AMI; <br /> (c) Twenty Three (23) affordable units to households at or below 100% of the <br /> AMI; <br /> (d) The AHA shall more specifically identify the affordable unit mix, including <br /> required number of unit types, units for the physically disabled, unit construction quality <br /> and location, for these affordable units; <br /> (e) The affordable unit rents shall be based on the following household sizes: <br /> (1) Studio Unit: One (1) person household; <br /> 5 <br />
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