PC-97-65 - Laserfiche WebLink

Resolution No. PC-97-65 Page 6 8. This approval does not guarantee the availability of sufficient water to serve the project. The City shall withhold building permits for the project if at the time building permits are applied for, mandatory water rationing is in effect, unless the City has adopted a water offset program and unless the developer is participating in the program. Notwithstanding the developer's participation in such a program, the City may withhold building permits if the City determines that sufficient water is not available at the time of application of building permits. 9. All conditions of Case PUD-81-30-24M (change of zoning designation from PUD-I1C-O to PUD-HDR, approved in December 1991) shall remain in full force and effect. 10. The property owner shall enter into a agreement with the City of Pleasanton to provide that: a. the owner shall agree to pay its fair share of any alternative traffic mitigation measure designed to mitigate long-term traffic Levels-of-Service (LOS) on north Pleasanton freeway interchanges, streets, and/or intersections with or without the 1-680/West Las Positas Boulevard freeway interchange, if the City Council determines that residential development shall be included in such traffic mitigations. Additionally, the property owner/project developer acknowledges the following: b. The City of Pleasanton does not guarantee that existing Level-of-Service (LOS) standards will be maintained in perpetuity and that no guarantee is made by the City that it will be responsible for keeping north Pleasanton streets, intersections, and freeway entrance/exit ramps at LOS "D" or better. 11. Twenty-five percent of the units shall be reserved for "lower-income" households for a minimum of thirty-five years. Units reserved for lower income households shall represent twenty-five percent of each type of unit (i.e., one-, two-, and three-bedroom units). The one- and two-bedroom below market rate units shall be located randomly throughout the complex. The applicant shall include some three_bedroorn/three-bathroom units as below market rate units in order to better disperse the three-bedroom units on the project site; the number of these units shall be worked out with staff prior to issuance of building permits. The below market rate units shall have the same interior standards of quality (e.g., appliances, interior features/amenities, etc.) as the market rate units. "Lower income" shall mean those individuals or households whose incomes are not greater than 80% of the median household income for the Oakland Primary Metropolitan Statistical Area (PMSA) based on family size as established by the Department of Housing and Urban Development (RUD). The monthly rent for each of the affordable units shall not exceed one-twelfth of 30% multiplied by 80% of the median income level for the Oakland PMSA as reasonably determined by the Housing Coordinator on an annual basis for a household of one or two persons (as applicable for each unit). These restrictions shall run with the land and shall be formalized through a deed restriction recorded against the property. The details of such restrictions shall be subject to review and approval by --------------- -