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Paee 8 <br />In response to an inquiry by Commissioner Peazce for clarification of Item 8 <br />(Program 11.1. of the Housing Element), Mr. Bocian noted that it indicated that the City <br />should strive that 50 percent of the multiple-family units in the City should be rental <br />units. <br />Exhibit C, City Inclusionarv Zonine Ordinance <br />Pie 1 <br />There were no comments. <br />Paee 2 <br />On line 2 of pazagraph 1, "Moderate" would be stricken from the redlined language. <br />Page 3 <br />There were no comments. <br />Paee 4 <br />In response to an inquiry by Acting Chairperson Fox regarding whether subleasing these <br />units would defeat the process of opening the units up to prospective tenants, Mr. Bocian <br />noted that the affordability requirements aze required in the agreements that aze signed <br />with the City when an inclusionazy unit is purchased. Those agreements state that the <br />units may not be subleased, and the tenants must occupy them as their primary resident. <br />Acting Chairperson Fox inquired whether the senior units were protected against <br />converting a designated senior apartment into condominiums. Mr. Bocian replied that <br />there was no blanket protection provided by the City, but for that particulaz project, there <br />are both tax credits and bonds on that project that require that they be rented. There is <br />also an affordable housing agreement that the developer has with the City that indicates <br />that they must be rented to particulaz income levels in perpetuity. <br />Paee 5 <br />Acting Chairperson Fox noted that in Item A., "Moderate Income" should be stricken. <br />Page 6 <br />Acting Chairperson Fox requested additional language requiring that inclusionary <br />converted units be dispersed throughout the property. Mr. Bocian confirmed that <br />Section A (Section 17.44.050) may be amended to state, "Inclusionazy units, including <br /> <br />PLANNING COMMISSION MINUTES October 18, 2006 Page 18 of 22 <br />