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<br /> <br /> <br /> <br />P24-0334, Pleasanton Municipal Code Amendments Planning Commission, September 11, 2024 <br />Exhibit A, PMC Amendments, Page 9 <br /> <br /> <br /> <br /> <br />17.38.070 Development standards. <br />A. Building permits and final inspections or certificates of occupancy shall be issued concurrently for <br />the market rate units and for any affordable units that qualified the project for a density bonus, <br />incentive, waiver, or parking reduction, so that the affordable units comprise the required <br />percentage of total units. <br />B. All units provided as density bonus units shall comply with the development standards set forth in <br />Section 17.44.050 of this code. <br /> <br />17.38.080 Density bonus for commercial development. <br />A. The following definitions shall apply to this Section 17.38.080: <br />1. “Commercial development” means a development project for nonresidential and <br />nonindustrial uses. <br />2. “Commercial development bonus” means modification of development standards mutually <br />agreed upon by the city and a commercial developer and provided to a commercial <br />development eligible for such a bonus under subparagraph 17.38.080(C). Examples of a <br />commercial development bonus include an increase in floor area ratio, increased building <br />height, or reduced parking. <br />3. “Partnered housing agreement” means an agreement approved by the city between a <br />commercial developer and a housing developer identifying how the commercial <br />development will provide housing available at an affordable ownership cost or affordable <br />rent consisted with subparagraph (h)(3). A partnered housing agreement may consist of the <br />formation of a partnership, limited liability company, corporation, or other entity <br />recognized by the state in which the commercial development and the housing developer <br />are each partners, members, shareholders, or other participants, or a contract between the <br />commercial developer and the housing developer for the development of both the <br />commercial developer and the housing development. <br />B. When an applicant proposes to construct a commercial development and has entered into a <br />partnered housing agreement approved by the city, the city shall grant a commercial development <br />bonus mutually agreed upon by the developer and the city. The commercial development bonus <br />shall not include a reduction or waiver in fees imposed on the commercial development to provide <br />for affordable housing. <br />C. The partnered housing agreement shall include all of the following provisions: <br />1. The housing development shall be located either: (i) on the site of the commercial <br />development; or (ii) on a site within the city that is within one-half mile of a major transit