URBAN HABITAT - Laserfiche WebLink

Attorney's Fees City will pay $995,000 within 30 days of the settlement date and additional $995,000 no later than 30 days after July 1, 2011. C OA City will conduct appropriate environmental analysis in accordance with CEQA guidelines for actions identified in this Settlement Term Sheet. Enforcement Develop an enforcement provision indicating the Court will retain continuing jurisdiction to effectuate the provisions of the Settlement Agreement until such time that the City has completely performed the terms of the Agreement. Petitioners and Intervenor shall give written notice to City regarding potential breach and the parties shall meet and confer'within fourteen (14) business days of such notice before any party seeks judicial enforcement. Hacienda Rezonings (pertaining oniv to three sites zoned previously) 1. No later than November 2, 2010, the City Council will approve the second reading of an ordinance amending Ordinance 1998 to remove paragraph 5, PUD Modification Contingency. 2. Development Standards, Design Guidelines and Application Process A. Phase 1 Core Development Standards Within 120 days of the settlement date, the City Council will approve the following Core Development Standards: Pensity: Minimum 30 units per acre Affordability: • Income Ranges: The greater of: (a) 15% of units of all units, or (b) 130 units, will be very low income (50% of AMI). Through the affordable housing agreements entered into between the City and each developer, affordable units will be deed restricted in perpetuity. The affordable housing agreements will be recorded and run with the land. . Section 8 Rental Assistance Vouchers: The developments will be required by the affordable housing agreements entered into between the City and each developer to accept HUD Section 8 rental vouchers as a means of assisting qualified applicants. • Affordability Unit Mix: • 10% of the total affordable units will be 3 bedroom units • A minimum of 35% of the total affordable units will be two bedroom units • The remaining affordable units will be one bedroom units • Location of Affordable Units: All affordable units will be dispersed throughout the development. B. Phase II Non core development standards and Design Guidelines Within 180 days of the settlement date, the City will develop non -core development standards and Design Guidelines for the three Hacienda sites that are not inconsistent with the Core development standards. 7.20 Final