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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 />