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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 />2. Standards for determining affordable rent or affordable ownership cost <br />for the target units. <br />3. The location, unit size in square feet, and number of bedrooms of <br />target units. <br />4. Provisions to ensure affordability in accordance with subsections B and <br />C of Section 17.38.110. <br />5. A schedule for completion and occupancy of target units in relation to <br />construction of non - restricted units. <br />6. A description of any incentives or concessions, or waivers or <br />modification of development standards being provided by the city. <br />7. The terms of any waiver or deferral of city development impact fees <br />and /or building permit fees applicable to the target units or the project <br />of which they are a part. <br />8. A description of remedies for breach of the agreement by either party. <br />The city may identify tenants or qualified purchasers as third party <br />beneficiaries under the agreement. <br />9. Procedures for qualifying tenants and prospective purchasers of target <br />units. <br />10. Other provisions to ensure implementation and compliance with this <br />chapter. <br />D. In the case of for -sale housing developments, the density bonus housing <br />agreement shall include the following conditions governing the sale and use <br />of target units during the applicable use restriction period: <br />1. Target units shall be owner - occupied by eligible very low, low, or <br />moderate income households, or by qualified residents in the case of <br />senior citizen housing developments. <br />2. The purchaser of each target unit shall execute an instrument, <br />approved by the city and to be recorded against the parcel, including <br />such provisions as the city may require to ensure continued <br />compliance with this chapter. <br />E. In the case of rental housing developments, the density bonus housing <br />agreement shall provide for the following: <br />1. Procedures for establishing affordable rent, filling vacancies, and <br />maintaining target units for eligible tenants; <br />2. Provisions requiring verification of household incomes; <br />Page 17 of 18 <br />