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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 />a. For all incentives or concessions that require a financial report <br />(pro forma) pursuant to subsection C of Section 17.38.050, the <br />pro forma shall state financial evidence demonstrating that such <br />incentive or concession would result in necessary, identifiable, <br />financially sufficient, and actual cost reductions that could not be <br />achieved without the incentive or concession. <br />b. For waivers and modification of development standards that <br />require submittal of a financial report (pro forma) as provided in <br />Section 17.38.060, the pro forma shall demonstrate that the <br />waiver or modification is necessary to make the housing units <br />economically feasible and that the development standards will <br />have the effect of precluding the construction of a housing <br />development at the densities or with the concessions or <br />incentives permitted by this chapter. <br />c. The cost of reviewing any required pro forma data submitted as a <br />part of the application in support of a request for a incentive or <br />concession, or waiver or modification of development standards, <br />including but not limited to the cost to the city of hiring a <br />consultant to review said pro forma, shall be borne by the <br />applicant. <br />4. If an additional density bonus is requested for land donation, the <br />application shall show the location of the land to be dedicated and <br />provide evidence that each of the criteria included in Section <br />17.38.080(B) can be met. <br />5. If a density bonus or concession is requested for a child care facility, <br />the application shall show the location and square footage of the child <br />care facilities and provide evidence that each of the criteria referenced <br />in Section 17.38.090(B) can be made. <br />B. Review and Findings. <br />1. An application for a density bonus, incentive or concession, or waiver <br />or modification, pursuant to this chapter shall be considered by and <br />acted upon by the approval body with authority to approve the housing <br />development. Any decision regarding a density bonus, incentive, <br />concession, or waiver or modification, may be appealed to the planning <br />commission and from the planning commission to the city council. <br />2. In accordance with state law, neither the granting of a concession, <br />incentive, waiver, or modification, nor the granting of a density bonus <br />shall be interpreted, in and of itself, to require a general plan <br />amendment, zoning change, variance, or other discretionary approval. <br />Page 14 of 18 <br />