A.

The terms of the draft density bonus agreement (the "agreement") shall be reviewed and revised as appropriate by the Community Development Director and the City Attorney who shall formulate a recommendation to the Planning Commission for review and the City Council for final approval.

B.

At a minimum, the agreement shall include the following:

1.

The total number of units proposed within the housing development;

2.

A schedule for completion and occupancy of the units;

3.

A description of any additional incentive being provided by the City under Chapter 17.10 or the housing element;

4.

A description of remedies for breach of the agreement by either party; and

5.

Any other provisions to ensure implementation and compliance with this chapter and other density bonus provisions established in Chapter 17.10 or in the City's housing element, as applicable, including but not limited to:

i.

A description of the household income group to be accommodated by the housing development, and the standards for determining the corresponding affordable rent or affordable sales price and housing cost;

ii.

The location, unit sizes (square feet), and number of bedrooms of target units, as that term is defined in Chapter 17.10.020 c. Tenure of use restrictions for target units;

(Ord. No. 1139, § 6(Exh. A), 9-7-2021)