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EXHIBIT A <br />Proposed Code Amendment <br />Adding a New Chapter 17.38 (Density Bonus) to Title 17 of the Pleasanton <br />Municipal Code <br />C. Types of Incentives or Concessions. An incentive or concession shall mean <br />any reduction in site development standards, any modification of zoning or <br />architectural design requirements, or other regulatory exceptions which will <br />result in identifiable, financially sufficient, and actual cost reductions <br />necessary to facilitate the construction of the housing development. <br />Incentives or concessions shall include but not be limited to the following: <br />Incentives or Concessions Not Requiring Financial Report from <br />Developer. Upon written request by the developer, the following <br />incentives and concessions shall be available in the amounts specified <br />in subsection (B) of this section without any requirement that the <br />applicant demonstrates to the city that the requested incentive or <br />concession results in identifiable, financially sufficient, and actual cost <br />reductions to the project. <br />a. A 20 percent reduction in one of the setbacks <br />b. A 10 percent reduction in minimum lot sizes and /or dimensions <br />2. Incentives or Concessions Requiring Financial Report from Developer. <br />The following incentives and concession, when requested by the <br />developer, shall require that the developer provide a financial report <br />(pro forma) that demonstrates how the requested incentive or <br />concession results in identifiable, financially sufficient, and actual cost <br />reductions to the project: <br />a. An incentive or concession that exceeds the level of reduction <br />specified for the standards identified in subsection (C)(1) of this <br />section. <br />b. Approval of mixed -use zoning in conjunction with the housing <br />development if nonresidential land uses will reduce the cost of the <br />housing development and if the city finds that the proposed <br />nonresidential uses are compatible with the housing development <br />and with existing or planned development in the area where the <br />proposed housing development will be located. <br />c. Off -site Construction of Target Units. Target units required <br />pursuant to this chapter may be permitted to be constructed at a <br />location within the city other than the project site. Any off -site <br />target units must meet the following criteria: <br />(1) The off -site target units must be determined to be consistent <br />with the city's goal of creating, preserving, maintaining, and <br />Page 8 of 18 <br />