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To assure affordability over the life of the unit, the affordable housing agreement shall be recorded with <br />the property deed or other method approved by the city attorney. In the event an inclusionary unit is <br />affordable by design the affordable housing agreement shall stipulate the method for assuring that the <br />units retain their affordability as the housing market changes. <br />The community development director may waive the requirement for an affordable housing agreement <br />for projects approved prior to the effective hereof and/or for projects that have their affordable housing <br />requirements included in a development agreement or other city document. (Ord. 2000 § 1, 2009; Ord. <br />1818 § 1, 2000) <br />17.44.070 Incentives to encourage on-site construction of <br />inclusionary units. <br />The city shall consider making available to the applicant incentives to increase the feasibility of <br />residential projects to provide inclusionary units. Incentives or financial assistance will be offered only to <br />the extent resources for this purpose are available and approved for such use by the city council or city <br />manager, as defined below, and to the extent that the project, with the use of incentives or financial <br />assistance, assists in achieving the city’s housing goals. However, nothing in this chapter establishes, <br />directly or through implication, a right of an applicant to receive any assistance or incentive from the city. <br />Any incentives provided by the city shall be set out in the affordable housing agreement pursuant to <br />Section 17.44.060 of this chapter. The granting of the additional incentives shall require demonstration of <br />exceptional circumstances that necessitate assistance from the city, as well as documentation of how <br />such incentives increase the feasibility of providing affordable housing. <br />The following incentives may be approved for applicants who construct inclusionary units on-site: <br />A. Fee Waiver or Deferral. The city council, by resolution, may waive or defer payment of city <br />development impact fees and/or building permit fees applicable to the inclusionary units or the project of <br />which they are a part. Fee waivers shall meet the criteria included in the city’s adopted policy for <br />evaluating waivers of city fees for affordable housing projects. The affordable housing agreement shall <br />include the terms of the fee waiver. <br />B. Design Modifications. The granting of design modifications relative to the inclusionary requirement <br />shall require the approval of the city council and shall meet all applicable zoning requirements of the city <br />of Pleasanton. Modifications to typical design standards may include the following: <br />Reduced setbacks; <br />Reduction in infrastructure requirements; <br />Reduced open space requirements; <br />Reduced landscaping requirements; <br />Reduced interior or exterior amenities; <br />Reduction in parking requirements; <br />Page 25 of 40