Laserfiche WebLink
Developer's agreement to perform all the mitigation measures identified in the Project Mitigation <br /> Monitoring and Reporting Program. <br /> Section 3.02 Development Impact Fees. Except as otherwise specifically set <br /> forth in this Article 3 or otherwise herein, Developer shall only pay to City those legally <br /> enforceable development impact fees and exactions which are in effect as of the Effective Date. <br /> Developer shall pay those periodic cost of living or similar indexed increases, decreases or <br /> adjustments to such fees and exactions as are applicable and in effect at the time such fees or <br /> exactions would otherwise be payable to City. A complete list of these applicable development <br /> impact fees and exactions is attached as DA Exhibit B. Developer acknowledges that this <br /> Development Agreement does not control development related fees charged by entities other <br /> than the City of Pleasanton as more particularly described in the succeeding sections, and that <br /> Developer shall be responsible for payment of such fees charged by entities other than the City in <br /> effect at the time of building permit issuance notwithstanding the fact that the City may collect <br /> such fees on behalf of those other entities. <br /> Section 3.03 Traffic Mitigation.Measures; Traffic Impact Fees. Developer shall <br /> be obligated to mitigate the traffic related impacts of the Project in conformance with the <br /> Housing Element EIR, Mitigation Measure 4.N-7, which shall be deemed full compliance with <br /> General Plan policy, by complying with each of the following: <br /> (a) Pleasanton Traffic Impact Fee. Developer shall pay to City the applicable <br /> Pleasanton Traffic Impact Fee in accordance with the City's fee schedule in effect <br /> on the Effective Date of this Agreement as may be applicable, and <br /> (b) Tri-Valley. Transportation Committee Fee. Developer shall pay the Tri- <br /> Valley Transportation Committee Fee to the City at time of building permit <br /> issuance, or to the extent permitted by law no later than at time of issuance of <br /> certificate of occupancy. <br /> Below Market Rate Units. As more particularly set forth in the AHA, assuming Developer <br /> develops the 177 apartment unit project as contemplated by the GMA and the Project Design <br /> Review, Developer shall be obligated to make fifteen percent (15%) or twenty seven (27) <br /> affordable units available for rent within the Project Site, in accordance with the following: <br /> (c) six (6) affordable units to households at or below 50%of the Area Median <br /> Income ("AMI"); <br /> (d) twelve (12) affordable units to households at or below 80% of the AMI; <br /> and, nine (9) affordable units to households at or below 100%of the AMI; <br /> (e) The AHA shall more specifically identify the affordable unit mix, <br /> including required number of unit types, units for the physically disabled, unit <br /> construction quality and location, for these affordable units; <br /> (1) The affordable unit rents shall be based on the following household sizes: <br /> (1) 1 Bedroom Unit: Two (2)person household; <br /> -8- <br />