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HomeMy WebLinkAbout03/02/1999, C2 - ANNUAL UTILITY TRENCH REPAIR SPECIFICATION NO. 92-03 B Dw council 3%2/99 j acEnoa Report C�` CITY OF SAN LUIS OBISPO / FROM: McCluskey,Public Works DirectofvY' Prepared By: Arthur R. Criddle, Engineering Technician �- SUBJECT: ANNUAL UTILITY TRENCH REPAIR SPECIFICATION NO. 92-03 B CAO RECOMMENDATION 1. Approve Specifications for"Annual Utility Trench Repair" Specification No. 92-03 B. 2. Authorize staff to advertise for bids. 3. Authorize the CAO to award the contract to the lowest responsible bidder. DISCUSSION During the course of the year, Utility Department crews make repairs of the utility lines in City streets. At the time of repair, temporary patches to the street are made. The trench repair project provides for permanent repair to be made to the street surface. In May 1998, Council approved the 1998-99 Trench Repair Project, in an amount not to exceed $70,000. That project has been completed. However, due to the number of temporary patches that remain to be permanently repaired, staff is seeking approval for a phase B to this annual project, in an amount not to exceed $60,000. CONCURRENCES Community Development Department has given this project a categorical exemption. FISCAL IMPACT The engineer's estimate for this project is for $60,000. Funding is available in the water systems improvements account to support this request. This account currently has a balance of $1,671,000,which will be used to fund the various approved water line improvements. ATTACHMENTS Specifications are available in the Council Office for review. C2-1 council '°="D� _ qq j agenda Repout �N. C3 CITY OF SAN LUIS OBISPO FROM: Arnold Jonas, Community Development Director D Prepared By: Jeff Hook,Associate Plane SUBJECT: FINAL PASSAGE OF OKINCE NO. 1348, MTLEMENTING THE INCLUSIONARY HOUSING REQUIREMENT OF THE HOUSING ELEMENT AND ESTABLISHING AN AFFORDABLE HOUSING FUND. CAO RECOMMENDATION Grant final passage to Ordinance No. 1348. DISCUSSION On February 16, 1999, the Council voted 5-0 to introduce Ordinance No. 1348 to print. This ordinance implements an inclusionary housing requirement and establishes an affordable housing fund, thereby implementing two key programs of the Housing Element. The inclusionary housing requirement will expand the supply of affordable housing by requiring most new development projects to either construct affordable housing, pay an in-lieu housing fee or dedicate real property for affordable housing. The affordable housing fund will provide a dedicated source of funding, consisting of in-lieu fees and other funds held by the City, used exclusively to increase and improve the supply of affordable housing. As directed by Council,the ordinance includes several changes: • The definitions section is reorganized and expanded to clarify "real property", "market value", "equity build-up" and"expansion area", Section 17.91.020; • The term"Land" dedication was changed to"Real Property" dedication, throughout text; • A provision was added requiring all for-sale inclusionary units to be owner-occupied (Section 17.91.120, Program Requirements); • The timing of payment of the Equity Recapture Fee was changed from "prior to"to "at" close of escrow, Section 17.91.151. Staff also made minor changes to clarify the timing and method of calculating city equity share, Section 17.91.150. Ordinance No. 1348 is now ready for final passage and will become effective thirty days after the date of its final passage. ATTACHMENT: Ordinance No. 1348 and Exhibit A ihn.:indnsVPLena1 CM ORDINANCE NO. 1348 (1999 Series) AN ORDINANCE OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO IMPLEMENTING THE INCLUSIONARY HOUSING REQUIREMENT OF THE HOUSING ELEMENT AND ESTABLISHING AN AFFORDABLE HOUSING FUND WHEREAS, the General Plan identifies affordable housing as a primary community goal and seeks ways to provide housing which is affordable to very-low, low and moderate income households within existing neighborhoods and in expansion areas; WHEREAS, Land Use Element policies 2.5 and 2.13 call for new development to contribute to the conservation or production of affordable housing, and call for the City to adopt an inclusionary housing and development fee ordinance,consistent with the Housing Element; WHEREAS, the City of San Luis Obispo has adopted a Housing Element of the General Plan which documents housing needs and addresses the City's regional share housing needs for households of all income levels,pursuant to Government Code Section 65584(a); WHEREAS, based upon the needs analysis in the Housing Element,the City of San Luis Obispo has determined that there is an unmet need for housing affordable to very-low, low and moderate income households; WHEREAS, the City has established quantified housing objectives to help meet its regional share housing needs,based on its capacity to accommodate new residential development during the Element's planning period from June 1994 to June 1999; WHEREAS, the City's affordable housing production objective is 40 dwelling units per year, for a total of 200 new affordable housing units during the planning period; WHEREAS, the private market has not produced in the past, nor is likely to produce in the future,a sufficient number of affordable dwellings to meet City quantified housing objectives or the City's assigned regional share of lower income housing; WHEREAS, despite increased City grant funding for affordable housing, local, state and federal funding sources are limited and alone are not sufficient to enable the City to meet its affordable housing objectives; WHEREAS, new development which does not include or contribute affordable housing exacerbates the City's shortage of affordable housing by: reducing the supply of land available for residential development which could accommodate affordable housing, and by inducing additional demand for housing to serve the needs of very-low, low and moderate income employees,many of whom are employed in lower wage retail and service industries; WHEREAS, to address the City's affordable housing needs and help achieve its regional housing objectives,the Housing Element Program 1.22.10 calls for the City to amend its regulations to require that new development projects include affordable housing units or pay an in-lieu fee, as described in Table 1 of the Element; C3-2 Ord. 1348 Page 1 of 11 Ordinance No. 1348 (1999 Series) Page 2 WHEREAS, Housing Element Program 1.22.11 calls for the City to establish a housing trust fund to be used to develop affordable housing units and acquire land for affordable housing projects,with affordable housing in-lieu fees to be collected and deposited in this fund; WHEREAS, the City conducted an economic study of the effects of affordable housing requirements on the feasibility of new development in San Luis Obispo entitled the Mundie Report,prepared in 1991 and updated in 1997; WHEREAS,the economic study concludes that while the affordable housing requirement would create an additional economic burden on private developers, implementation of the City's affordable housing requirements will not pose an unreasonable economic hardship and that the requirements will help achieve City affordable housing objectives without sacrificing economic feasibility of new development; WHEREAS, the City has adopted affordable housing incentives (SLOMC Ch. 17.90) to provide technical,financial and procedural assistance to developers of affordable housing to help offset development costs and facilitate the conservation and production of affordable housing; and WHEREAS, the City Council established a citizen task force to evaluate the proposed Inclusionary Housing Requirement,composed of persons representing various points of view in the community, and said task force reviewed and recommended changes to a draft ordinance implementing an Inclusionary Housing Requirement;and WHEREAS,Planning Commission and the City Council have held hearings to consider the proposed ordinance, and said ordinance comes to the Council with a favorable recommendation from the citizen task force and the Planning Commission; BE IT ORDAINED by the Council of the City of San Luis Obispo as follows: SECTION 1. Findings. 1. This ordinance is necessary to implement General Plan policy and programs, to help achieve City quantified housing objectives and to protect the health, safety and welfare of its citizens. 2. This ordinance is not a "project" as defined by the California Environmental Quality Act in that it implements adopted policy and will not result in any physical change to the environment; consequently no further environmental determination is required. SECTION 2. Inclusionary Housing Requirement. The City Council hereby implements the Inclusionary Housing Requirement and establishes an Affordable Housing Fund, as specified in the attached ordinance text, Exhibit A. C3-3 Ord. 1348 Page 2 of 11 Ordinance No. 1348 (1999 Series) Page 3 SECTION 3. A summary of this ordinance, approved by the City Attorney,together with the names of the Council members voting for and against it, shall be published at least five days prior to its final passage, in the Telegram-Tribune, a newspaper published and circulated in this City. This ordinance will go into effect at the expiration of thirty (30)days after its final passage. INTRODUCED AND PASSED TO PRINT by the Council of the City of San Luis Obispo at a meeting held on the sixteenth day of February, 1999, upon motion of Council member Ewan, seconded by Council member Schwartz and on the following roll call vote: AYES: Council Members Ewan, Marx, Schwartz, Vice Mayor Romero, and Mayor Settle NOES: None ABSENT: None Mayor Allen Settle ATTEST: Lee Price, City Clerk APPROVED AS TO FORM: J10�jtj.J rge n, ty Attorney Attachment: Exhibit A jh/L:inelhsg3.ord C3-4 Ord. 1348 Page 3 of 11 January 26, 1999 increasing the production and availability of affordable housing units, and to establish an EXMIT A inclusionary housing requirement which Chapter 17.91 implements General Plan policies guiding land use and housing development. INCLUSIONARY HOUSING REQUIREMENT 17.91.020 Definitions. For the purposes of this chapter, the Sections: following words and phrases shall have the 17.91.000 Title. meaning set forth below: 17.91.010 Purpose. A. "Affordable" means housing which can 17.91.020 Definitions. be purchased or rented by a household with 17.91.030 Applicability and very-low, low, or moderate income, as Exclusions. described in the City's Affordable Housing 17.91.040 General standards. Standards (Ch. 17.20, SLOMC). 17.91.050 Procedures. B. "Affordable Housing Agreement" shall 17.91.060 In-lieu housing fee. mean a written agreement between the 17.91.070 Affordable Housing fund. developer, City and possibly additional 17.91.080 Dedication of land. parties which specifies the terms and 17.91.090 Incentives. conditions under which affordable housing 17.91.100 Project Application. requirements are to be met. 17.91.110 Conditions of development C. "Affordable Housing Project" shall approval. mean a development project in which one 17.91.120 Program Requirements. hundred percent of the dwellings to be built 17.91.130 Eligibility Screening. will be sold or rented in conformance with 17.91.140 Affordability Restrictions. the City's Affordable Housing Standards. 17.91.150 Shared Equity Purchase D. "Building Valuation" shall mean the Program, total value of all construction work for 17.91.151 Early Resale of Shared which a construction permit is required, as Equity Properties. determined by the Chief Building Official 17.91.160 Management and using the Uniform Building Code. Monitoring. E. "Commercial Project- means a 17.91.170 Enforcement and Appeals. development project involving primarily 17.91.180 Severability. non-residential uses, including retail, office, service-commercial, light-industrial, 17.91.000 Title. neighborhood commercial, tourist- The provisions of this chapter shall commercial, and manufacturing uses as be known collectively as the Inclusionary further described in the zoning regulations. Housing Requirement of the City of San F. "Density" means residential density as Luis Obispo. defined in Section 17.16.010 of this code. G. "Density bonus" means a density 17.91.010 Purpose. increase of at least twenty-five percent over The purpose and intent of this the maximum density otherwise allowable chapter is to promote the public welfare by under the zoning regulations. H. "Development project" shall mean an C3-5 Ord. 1348 Page 4 of 11 Inclusionary Housing Requirement activity for which a subdivision map or include those persons and families whose construction permit is required, including incomes exceed eighty percent but are less new buildings and building additions or than or equal to one hundred twenty percent remodels as described in Section of the median income within the county. 17.91.030, but not including changes in (Ord. 1035 § 1 (part), 1985) ownership, occupancy, management or use. Q. "Residential Development" shall mean I. "Director" means the Community development projects which result in the Development Director or his authorized subdivision of land and/or the construction representative. or conversion of dwellings, including, but J. "Expansion Area" - A land area not limited to: single family detached proposed for annexation to the City. homes, apartments, condominiums, K. "Affordable Housing Fund" means a live/work studios, mobile homes, and fund established and administered by the group housing. City, containing in-lieu fees and other funds held in trust and used exclusively to 17.91.030 Applicability and increase and improve the supply of Exclusions. affordable housing. A. This chapter shall apply to development L. "Inclusionary housing unit" means a projects consisting of five or more lots or dwelling which is built under the provisions new dwelling units, and to commercial of this chapter, and which meets the City's development projects consisting of 2,500 Affordable Housing Standards. square feet of gross floor area or larger. M. "In-lieu fee" means a fee paid to the B. The following types of development City as an alternative to the production of projects are excluded: inclusionary housing, to be used in the 1. Residential developments of 4 units or acquisition, construction, or rehabilitation less; of affordable housing. 2. New commercial developments of less N. "Very-low income" shall have the than 2,500 square feet gross floor area; meaning set forth in California Health and 3. Residential and commercial building Safety Code, Section 50105; provided that additions, repairs or remodels, such income level shall not exceed 50 provided that such work does not percent of median income within the increase the number of existing county. dwellings by four or more units; or O. "Low" or "lower income households" result in an increase in gross floor area shall have the meaning set forth in of 2,500 square feet; California Health and Safety Code, Section 4. The conversion of less than five 50079.5; provided the income of such dwelling units to condominiums within persons and families shall not exceed eighty any five-year period. percent of the median income within the 5. Commercial condominium conversions county. which do not result in the creation of P. "Moderate income households" shall new dwellings; 2 C3-6 Ord. 1348 Page 5 of 11 Inclusionary Housing Requirement 6. Affordable housing projects; or 7. Emergency projects, or projects which 4. Use a combination of the above the City Council determines are methods, to the approval of the City necessary to protect public health and Council. safety; B. Affordable housing standards. 8. Development projects which the City Affordable dwelling units constructed must Council determines are essentially non- meet City Affordable Housing Standards, commercial or non-residential in nature, and must be consistent with affordability which provide educational, social or policies in the General Plan Housing related services to the community and Element. which are proposed by public agencies, C. Concurrent development. The required non-profit agencies, foundations and inclusionary units shall be constructed other similar organizations; concurrent with market rate units unless the 9. Projects which replace or restore a developer and the City Council agree structure damaged or destroyed by within an Affordable Housing Agreement fire, flood, earthquake or other disaster to an alternative development schedule. within three years prior to the application for the new structure(s). 17.91.050 Procedures. 10. Projects for which an approved A. Fractional numbers. In determining the tentative map or vesting tentative map number of dwellings that are required to be exists, or for which a construction built pursuant to Table 1, fractional units permit was issued prior to the effective less than 0.50 shall be rounded down to the date of this ordinance and which first whole number unit, and fractional continue to have unexpired permits. units of 0.50 or greater shall be rounded up to the next higher whole number unit, as 17.91.040 General Standards. calculated by the Director. A. Methods of meeting requirements. New B. Timing. The inclusionary housing development projects shall satisfy the requirement shall be met prior to issuance inclusionary housing requirements, as of a Certificate of Occupancy for the first specified in Table 1 of the General Plan unit in a building, or the first building in a Housing Element. To meet the complex to be constructed or remodeled; or requirements, the developer shall comply for subdivisions, prior to final map with one or more of the following methods; approval; or prior to building permit 1. Construct the required number of issuance, for projects for which a affordable dwelling units, as Certificate of Occupancy is not issued; or specified in Table 1, on the project as otherwise agreed to by the City Council site; or as part of tentative map, rezoning, 2. Pay an in-lieu fee as described in conditional use permit or other Table 1; or development approval. 3. Dedicate land for affordable housing; C. Affordable housing agreement. To meet 3 C3-7 Ord. 1348 Page 6 of 11 Inclusionary Housing Requirement the requirements, the developer may enter shall be used exclusively to provide funding into an agreement with the City, the City's for the provision of affordable housing and Housing Authority, non-profit housing for reasonable costs associated with the provider, or other qualified housing development of affordable housing, at the provider approved by the City Council to discretion of the City Council. construct, refurbish, convert, operate and A. In-Lieu fees. In-lieu fees collected shall maintain the required affordable housing. be deposited into the Affordable Housing Such Affordable Housing Agreements shall Fund, to the satisfaction of the Director. be to the approval of the Director and shall be in a form approved by the City 17.91.080 Dedication of Land. Attorney. A. Irrevocable offer of land dedication. At the discretion of the City Council, an 17.91.060 In-lieu Housing Fee. . irrevocable offer to dedicate land equal or A. Payment of in-lieu fee. Developer may, greater in value to the m-lieu fee which at his discretion, choose to pay a fee to the would otherwise be required may be City in lieu of constructing affordable offered to the City, or to a housing dwellings to meet this requirement. provider designated by the City, instead of B. Amount and method of payment. The providing the required number of dollar amount and method of payment of affordable dwellings or paying in-lieu fees. the in-lieu fee shall be as described in Table In considering an offer to dedicate land to 1 of the General Plan Housing Element, to meet this requirement, the City Council the approval of the Director. must find that the dedication of land will C. Timing. In-lieu fees shall be paid prior provide equal or greater public benefit than to release of occupancy of the first dwelling constructing affordable units or paying in- within a residential development; or for lieu fees, based on the following criteria: residential subdivisions to be built out by 1. Valuation of the land to be others, prior to final subdivision map dedicated relative to other methods approval; or prior to occupancy for new of meeting the requirement; commercial buildings or remodels; or prior 2. Suitability of the land for housing, to building permit issuance, for projects for including General Plan conformity, which a certificate of occupancy is not size, shape, topography, and issued; or as otherwise provided by written location; and agreement between the developer and City, 3. Feasibility of developing affordable to the approval of the Director. housing, including general plan consistency, and availability of 17.91.070 Affordable Housing Fund. infrastructure. Affordable Housing Fund established. The B. Land valuation. The valuation of land City hereby establishes an Affordable offered in-lieu shall be determined by the Housing Fund. Said fund shall be Director, based upon an appraisal made by administered by the Finance Director and a qualified appraiser mutually agreed to by 4 C3-8 Ord. 1348 Page 7 of 11 Inclusionary Housing Requirement the developer and the City. Costs the approval of the City Attorney and the associated with the appraisal, title insurance Director. Developers are further and transfer, recordation and related costs encouraged to utilize other local, state or shall be borne by the developer. federal assistance, when available, to meet C Agreement and Timing. The land the affordable housing standards. dedication shall be by deed or other instrument acceptable to the City, and shall 17.91.100 Project Application. be completed by recordation with the A. Method of application. An Recorder of the County of San Luis Obispo applicant/developer proposing a project for prior to occupancy release of the first which affordable housing is required shall residential unit or commercial building in submit a statement with the standard the development; or prior to building planning application, describing the permit issuance, for projects for which a inclusionary housing proposal. The certificate of occupancy is not issued; or as developer's statement shall include: otherwise provided by written agreement 1. A brief description of the proposal, between the developer and the City. including the method chosen to meet the inclusionary housing 17.91.090 Incentives. requirement, number, type and A. Eligibility for incentives. The developer location of affordable units, term of may be eligible to receive, or to request affordability, preliminary development incentives in return for calculation of in-lieu fees, or offer constructing affordable housing in of land dedication; connection with a development project, 2. How the proposal meets General pursuant to the Affordable Housing Plan policies and inclusionary Incentives (SLOMC Chapter 17.90), as part housing requirements; of a City planning application. Incentives 3. Plans and other exhibits showing or other forms of financial assistance may preliminary site layout, grading, be offered by the City to the extent that building elevations, parking and resources are available for this purpose and other site features, location of to the degree that such incentives or affordable dwelling units and (where assistance will help achieve the City's applicable), market-rate dwelling housing goals. units; B. Affordable Housing Agreement. Any 4. Description of incentives requested, incentives provided by the City, beyond including exceptions from those incentives to which a developer may development standards, density be automatically entitled to under Ch. bonuses, fee waivers or other 17.90 of this code, shall require City incentives; and Council approval and shall be set out in an 5. Other information which the Affordable Housing Agreement. The form Director determines necessary to and content of such agreement shall be to adequately evaluate the proposal. 5 C3-9 Ord. 1348 Page 8 of I1 Inclusionary Housing Requirement B. Director response. After receiving a affordable units; complete planning application, including an 2. The size (square footage), number affordable housing proposal, the Director of bedrooms, and design of the shall respond to the applicant or affordable units; developer's affordable housing proposal. 3. Terms of affordability; The City response shall identify: 1) 4. Schedule for construction of the affordable housing issues and concerns; 2) affordable units; incentives which the Director can support 5. Incentives or other assistance to be when making a recommendation to the provided by the City; decision-making body; and 3) procedures 6. Where applicable, the procedures to which will need to be followed to comply be used for qualifying tenants or with the inclusionary housing requirements. buyers, setting rental/sales costs, renting or selling units, filling 17.19.110 Conditions of Development vacancies, and managing the units; Approval. and A. Submittal of an Affordable Housing 7. Other terms or conditions requested Agreement. Applicants and developers for by City. development projects subject to this chapter B. Agreements for land dedication. For shall, as a condition of development development projects meeting their approval, prepare and submit an Affordable inclusionary housing requirement through Housing Agreement for City approval. The land dedication, the agreement shall draft agreement shall be reviewed by the specify: Director and City Attorney for compliance 1. The method of conveyance, with project approvals, City policies and schedule, and appraised value of the standards, and applicable codes. Following proposed land dedication; approval and signing of the agreement by 2. Calculation of housing in-lieu fees the parties, the final agreement shall be otherwise applicable to the project at recorded and relevant terms and conditions the time of recordation; shall be recorded as a deed restriction on 3. Title report and insurance; those lots or affordable units subject to 4. Description of location, condition, affordability requirements. The Affordable improvements, and other relevant Housing Agreement shall be binding to all factors applying to the property; and future owners and successors in interest. 5. Other information required by the B. Agreements for constructing affordable City. units. For development projects meeting C. Payment of in-lieu fees. An Affordable their inclusionary requirement through Housing Agreement shall not be required construction of affordable dwelling units, for projects which meet their inclusionary the Affordable Housing Agreement shall housing requirement through the payment specify: of an in-lieu fee. 1. The number and location of 6 C3-10 Ord. 1348 Page 9 of 1 I Inclusionary Housing Requirement 17.91.120 Program Requirements. City's equity share in the property. The Only households qualifying as very low, City's equity share shall be the percentage low or moderate income, pursuant to the of the property's value that is determined Affordable Housing Standards, shall be by: eligible to rent, purchase or occupy (a) the difference between the inclusionary units developed or funded in market-price upon purchase and compliance with this requirement. the actual price paid by the homeowner, and/or 17.91.130 Eligibility Screening. The City, its housing authority, or other (b) the amount of subsidy given to housing provider designated by the City the homeowner to purchase the shall screen prospective renters or buyers property. of affordable units. Renters or buyers of affordable units shall enter into an Upon sale, the City's equity share shall be agreement with City, its housing authority repaid to the City from the proceeds of the or other housing provider to comply with sale, less the City's percentage share of title affordable housing standards. insurance, escrow fees and documentary transfer taxes, at the close of escrow. 17.91.140 Affordability Restrictions. Developers of affordable units for sale shall 17.91.151. Early Resale of Shared Equity specify the type of affordability restriction Properties. In the event of "early resale", to be applied. The developer shall choose owners of properties subject to the Shared to either: 1) participate in a Shared Equity Equity Purchase Program shall either 1) Purchase Program, as described in Section pay an equity recapture fee to the City as 17.91.150, or 2) to enter into an affordable described in the schedule below, in addition housing agreement to ensure that to the City's equity share, or 2) sell the affordability is maintained for a period of property to another eligible household. not less than 30 years, or as otherwise "Early resale" shall mean the sale, lease or required by State law. Affordable rental transfer of property within five (5) years of units shall be subject to a 30 year term of the initial close of escrow. If owner affordability. chooses to pay the equity recapture fee, the recapture fee shall be paid to the City prior 17.91.150 Shared Equity Purchase to close of escrow at resale, based on the Program. Under this program, the following schedule: qualified buyer of a designated affordable dwelling unit shall enter into a shared equity agreement with the City. Said agreement shall be recorded as a second trust deed against the purchased property, at no interest, securing and stating the C3-11 Ord. 1348 Page 10 of 11 Inclusionary Housing Requirement Year % of Equity Build-up Recaptured: 17.91.180 Severability. If any provision of this chapter or the application 0-2 100% thereof to any person or circumstances is 3 75% held invalid, the remainder of the chapter 4 50% and the application of the provision to other 5 25% persons or situations shall not be affected 6 and after 0% thereby. "Equity Build-up" shall be defined as the property sales price less actual purchase price, less the City's equity. The recapture amount shall be determined prior to the calculation of escrow closing costs. 17.91.160 Management and Monitoring. Inclusionary rental units shall be managed and operated by the property owner, or the owner's agent, for the term of the Affordable Housing Agreement. Sufficient documentation shall be submitted to ensure compliance with this chapter, to the satisfaction of the Director. 17.91.170 Enforcement and Appeals. A. Enforcement. No final subdivision map shall be approved, nor building permit issued, nor shall any other development entitlement be granted for a development project which does not meet these requirements. No inclusionary unit shall be rented or sold except in accordance with these requirements and the affordable housing standards. B. Appeals. The Director shall administer and interpret these requirements, subject to applicable codes and City procedures. rwt..nM ev3.ora Decisions of the Director are appealable, subject to the zoning regulations appeal provisions. (SLOMC Ch.17-66). 8 C3-12 Ord. 1348 Page 11 of 11 EXHIBIT A affordable housing units, and to establish an inclusionary housing requirement which Chapter 17.91 implements General Plan policies guiding land use and housing development. INCLUSIONARY HOUSING REQUIREMENT 17.91.020 Definitions. For the purposes of this chapter, the Sections: following words and phrases shall have the 17.91.000 Title. meaning set forth below: 17.91.010 Purpose. A. "Affordable" means housing which can 17.91.020 Definitions. be purchased or rented by a household with 17.91.030 Applicability and very-low, low, or moderate income, as Exclusions. described in the City's Affordable Housing 17.91.040 General standards. Standards (Ch. 17.20, SLOMC). 17.91.050 Procedures. B. "Affordable Housing Agreement" shall 17.91.060 In-lieu housing fee. mean a written agreement between the 17.91.070 Affordable Housing fund. developer, City and possibly additional 17.91.080 Real Property Dedication. parties which specifies the terms and 17.91.090 Incentives. conditions under which affordable housing 17.91.100 Project Application. requirements are to be met. 17.91.110 Conditions of development C. "Affordable Housing Fund" means a approval. fund established and administered by the 17.91.120 Program Requirements. City, containing in-lieu fees and other funds 17.91.130 Eligibility Screening. held and used exclusively to increase and 17.91.140 Affordability Restrictions. improve the supply of affordable housing. 17.91.150 Shared Equity Purchase D. "Affordable Housing Project" shall Program, mean a development project in which one 17.91.151 Early Resale of Shared hundred percent of the dwellings to be built Equity Properties. will be sold or rented in conformance with 17.91.160 Management and the City's Affordable Housing Standards. Monitoring. E. "Building Valuation" shall mean the .17.91.170 Enforcement and Appeals. total value of all construction work for 17.91.180 Severability. which a construction permit is required, as determined by the Chief Building Official 17.91.000 Title. using the Uniform Building Code. The provisions of this chapter shall F. "Commercial Project" means a be known collectively as the Inclusionary development project involving primarily Housing Requirement of the City of San non-residential uses, including retail, Luis Obispo. office, service-commercial, light-industrial, neighborhood commercial, tourist- 17.91.010 Purpose. commercial, and manufacturing uses as The purpose and intent of this further described in the zoning regulations. chapter is to promote the public welfare by G. "Density" means residential density as increasing the production and availability of defined in Section 17.16.010 of this code. H. "Density bonus" means a density C3-13 Inclusionary Housing Requirement increase of at least twenty-five percent over incomes exceed eighty percent but are less the maximum density otherwise allowable than or equal to one hundred twenty percent under the zoning regulations. of the median income within the county. I. "Development project" shall mean an (Ord. 1035 § 1 (part), 1985) activity for which a subdivision map or Q. "Real Property" shall mean land and construction permit is required, including improvements, if any, including anything new buildings and building additions or permanently affixed to the land, such as remodels as described in Section buildings, walls, fences, and paved areas. 17.91.030, but not including changes in R. "Residential Project" shall mean ownership, occupancy, management or use. development projects which result in the J. "Director" means the Community subdivision of land and/or the construction Development Director or his authorized or conversion of dwellings, including, but representative. not limited to: single family detached K. "Equity Build-up" shall mean a homes, apartments, condominiums, property's sales price at first resale, less the live/work studios, mobile homes, and initial purchase price and less the City's group housing. equity share as described in Section S. "Very-low income" shall have the 17.91.150. meaning set forth in California Health and L. "Expansion Area" - A land area Safety Code, Section 50105; provided that proposed for annexation to the City or such income level shall not exceed 50 annexed after the adoption date of this percent of median income within the ordinance. county. M. "Inclusionary housing unit" means a dwelling which is built under the provisions 17.91.030 Applicability and of this chapter, and which meets the City's Exclusions. Affordable Housing Standards. A. This chapter shall apply to development N. "In-lieu fee" means a fee paid to the projects consisting of five or more lots or City as an alternative to the production of new dwelling units, and to commercial inclusionary housing, to be used in the development projects consisting of 2,500 acquisition, construction, or rehabilitation square feet of gross floor area or larger. of affordable housing. B. The following types of development O. "Low" or "lower income households" projects are excluded: shall have the meaning set forth in 1. Residential developments of 4 units or California Health and Safety Code, Section less; 50079.5; provided the income of such 2. New commercial developments of less persons and families shall not exceed eighty than 2,500 square feet gross floor area; percent of the median income within the 3. Residential and commercial building county. additions, repairs or remodels, P. "Moderate income households" shall provided that such work does not include those persons and families whose increase the number of existing 2 C3-14 Inclusionary Housing Requirement dwellings by four or more units; or requirements, the developer shall comply result in an increase in gross floor area with one or more of the following methods; of 2,500 square feet; 1. Construct the required number of 4. The conversion of less than five affordable dwelling units, as dwelling units to condominiums within specified in Table 1, or any five-year period. 2. Pay an in-lieu fee as described in 5. Commercial condominium conversions Table 1; or which do not result in the creation of 3. Dedicate real property for affordable new dwellings; housing; or 6. Affordable housing projects; 4. Use a combination of the above 7. Emergency projects, or projects which methods, to the approval of the City the City Council determines are Council. necessary to protect public health and B. Affordable housing standards. safety; Affordable dwelling units constructed must 8. Development projects which the City meet City Affordable Housing Standards, Council determines are essentially non- and must be consistent with affordability commercial or non-residential in nature, policies in the General Plan Housing which provide educational, social or Element. related services to the community and C. Concurrent development. The required which are proposed by public agencies, inclusionary units shall be constructed non-profit agencies, foundations and concurrently with market rate units unless other similar organizations; the developer and the City Council agree 9. Projects which replace or restore a within an Affordable Housing Agreement structure damaged or destroyed by to an alternative development schedule. fire, flood, earthquake or other disaster within three years prior to the 17.91.050 Procedures. application for the new structure(s). A. Fractional numbers. In determining the 10. Projects for which an approved number of dwellings that are required to be tentative map or vesting tentative map built pursuant to Table 1, fractional units exists, or for which a construction less than 0.50 shall be rounded down to the permit was issued prior to the effective first whole number unit, and fractional date of this ordinance and which units of 0.50 or greater shall be rounded up continue to have unexpired permits. to the next higher whole number unit, as calculated by the Director. 17.91.040 General Standards. B. Timing. The inclusionary housing A. Methods of meeting requirements. New requirement shall be met prior to issuance development projects shall satisfy the of a Certificate of Occupancy for the first inclusionary housing requirements, as unit in a building, or the first building in a specified in Table 1 of the General Plan complex to be constructed or remodeled; or Housing Element. To meet the for subdivisions, prior to final map 3 C3-15 Inclusionary Housing Requirement approval; or prior to building permit agreement between the developer and City, issuance, for projects for which a to the approval of the Director. Certificate of Occupancy is not issued; or as otherwise agreed to by the City Council 17.91.070 Affordable Housing Fund. as part of tentative map, rezoning, Affordable Housing Fund established. The conditional use permit or other City hereby establishes an Affordable development approval. Housing Fund. Said fund shall be C. Affordable housing agreement. To meet administered by the Finance Director and the requirements, the developer may enter shall be used exclusively to provide funding into an agreement with the City, the City's for the provision of affordable housing and Housing Authority, non-profit housing for reasonable costs associated with the provider, or other qualified housing development of affordable housing, at the provider approved by the City Council to discretion of the City Council. construct, refurbish, convert, operate and A. In-lieu fees. In-lieu fees collected shall maintain the required affordable housing. be deposited into the Affordable Housing Such Affordable Housing Agreements shall Fund, to the satisfaction of the Director. be to the approval of the Director and shall be in a form approved by the City 17.91.080 Real Property Dedication Attorney. A. Irrevocable offer to dedicate real property. At the discretion of the City 17.91.060 In-lieu Housing Fee. Council, an irrevocable offer to dedicate A. Payment of in-lieu fee. Developer may, real property equal or greater in value to at his discretion, choose to pay a fee to the the in-lieu fee which would otherwise be City in lieu of constructing affordable required may be offered to the City, or to a dwellings to meet this requirement. housing provider designated by the City, B. Amount and method of payment. The instead of providing the required number of dollar amount and method of payment of affordable dwellings or paying in-lieu fees. the in-lieu fee shall be as described in Table In considering an offer to dedicate real 1 of the General Plan Housing Element, to property, the City Council must find that the approval of the Director. the dedication of real property will provide C. Timing. In-lieu fees shall be paid prior equal or greater public benefit than to release of occupancy of the first dwelling constructing affordable units or paying in- within a residential development; or for lieu fees, based on the following criteria: residential subdivisions to be built out by 1. Valuation of the land and/or others, prior to final subdivision map improvements to be dedicated approval; or prior to occupancy for new relative to other methods of commercial buildings or remodels; or prior meeting the requirement; to building permit issuance, for projects for 2. Suitability of the land and/or which a certificate of occupancy is not improvements for housing, issued; or as otherwise provided by written including General Plan conformity, a C3-16 Inclusionary Housing Requirement size, shape, topography, and to the degree that such incentives or location; and assistance will help achieve the City's 3. Feasibility of developing affordable housing goals. housing, including general plan B. Affordable Housing Agreement. Any consistency, and availability of incentives provided by the City, beyond infrastructure. those incentives to which a developer may B. Real Property valuation. The valuation be automatically entitled to under Ch. of real property offered in-lieu shall be 17.90 of this code, shall require City determined by the Director, based upon an Council approval and shall be set out in an appraisal made by a qualified appraiser Affordable Housing Agreement. The form mutually agreed to by the developer and the and content of such agreement shall be to City. Costs associated with the appraisal, the approval of the City Attorney and the title insurance and transfer, recordation and Director. Developers are further related costs shall be borne by the encouraged to utilize other local, state or developer. federal assistance, when available, to meet C Agreement and Timing. The real the affordable housing standards. property dedication shall be by deed or other instrument acceptable to the City, and 17.91.100 Project Application. shall be completed by recordation with the A. Method of application. An Recorder of the County of San Luis Obispo applicant/developer proposing a project for prior to occupancy release of the first which affordable housing is required shall residential unit or commercial building in submit a statement with the standard the development; or prior to building planning application, describing the permit issuance, for projects for which a inclusionary housing proposal. The certificate of occupancy is not issued; or as developer's statement shall include: otherwise provided by written agreement 1. A brief description of the proposal, between the developer and the City. including the method chosen to meet the inclusionary housing 17.91.090 Incentives. requirement, number, type and A. Eligibility for incentives. The developer location of affordable units, term of may be eligible to receive, or to request affordability, preliminary development incentives in return for calculation of in-lieu fees, or offer constructing affordable housing in of land dedication; connection with a development project, 2. How the proposal meets General pursuant to the Affordable Housing Plan policies and inclusionary Incentives (SLOMC Chapter 17.90), as part housing requirements; of a City planning application. Incentives 3. Plans and other exhibits showing or other forms of financial assistance may preliminary site layout, grading, be offered by the City to the extent that building elevations, parking and resources are available for this purpose and other site features, location of 5 C3-17 Inclusionary Housing Requirement affordable dwelling units and (where those lots or affordable units subject to applicable), market-rate dwelling affordability requirements. The Affordable units; Housing Agreement shall be binding to all 4. Description of incentives requested, future owners and successors in interest. including exceptions from B. Agreements for constructing affordable development standards, density units. For development projects meeting bonuses, fee waivers or other their inclusionary requirement through incentives; and construction of affordable dwelling units, 5. Other information which the the Affordable Housing Agreement shall Director determines necessary to specify: adequately evaluate the proposal. 1. The number and location of B. Director response. After receiving a affordable units; complete planning application, including an 2. The size (square footage), number affordable housing proposal, the Director of bedrooms, and design of the shall respond to the applicant or affordable units; developer's affordable housing proposal. 3. Terms of affordability; The City response shall identify: 1) 4. Schedule for construction of the affordable housing issues and concerns; 2) affordable units; incentives which the Director can support 5. Incentives or other assistance to be when making a recommendation to the provided by the City; decision-making body; and 3) procedures 6. Where applicable, the procedures to which will need to be followed to comply be used for qualifying tenants or with the inclusionary housing requirements. buyers, setting rental/sales costs, renting or selling units, filling 17.19.110 Conditions of Development vacancies, and managing the units; Approval. and A. Submittal of an Affordable Housing 7. Other terms or conditions requested Agreement. Applicants and developers for by City. development projects subject to this chapter B. Agreements for real property shall, as a condition of development dedication. For development projects approval, prepare and submit an Affordable meeting their inclusionary housing Housing Agreement for City approval. The requirement through real property draft agreement shall be reviewed by the dedication, the agreement shall specify: Director and City Attorney for compliance 1. The method of conveyance, with project approvals, City policies and schedule, and appraised value of the standards, and applicable codes. Following proposed dedication; approval and signing of the agreement by 2. Calculation of housing in-lieu fees the parties, the final agreement shall be otherwise applicable to the project at recorded and relevant terms and conditions the time of recordation; shall be recorded as a deed restriction on 3. Title report and insurance; 6 C3-18 Inclusionary Housing Requirement 4. Description of location, condition, affordability is maintained for a period of improvements, and other relevant not less than 30 years, or as otherwise factors applying to the property; and required by State law. Affordable rental 5. Other information required by the units shall be subject to a 30 year term of City. affordability. C. Payment of in-lieu fees. An Affordable Housing Agreement shall not be required 17.91.150 Shared Equity Purchase for projects which meet their inclusionary Program. Under this program, the housing requirement through the payment qualified buyer of a designated affordable of in-lieu fees. dwelling unit shall enter into a shared equity agreement with the City. Said 17.91.120 Program Requirements. agreement shall be recorded as a second Only households qualifying as very low, trust deed against the purchased property, low or moderate income, pursuant to the at no interest, securing and stating the Affordable Housing Standards, shall be City's equity share in the property. The eligible to rent, purchase or occupy City's equity share shall be calculated by inclusionary units developed or funded in the Director, and shall be the decimal compliance with this requirement. For sale percentage of the property's value resulting inclusionary housing units shall be owner from: occupied for the term of the Affordable (a) the difference between the Housing Agreement. property's market value and the actual price paid by the 17.91.130 Eligibility Screening. The homeowner, divided by the City, its housing authority, or other market value, and/or when housing provider designated by the City applicable, shall screen prospective renters or buyers of affordable units. Renters or buyers of (b) the amount of subsidy provided affordable units shall enter into an by the City to the homeowner to agreement with City, its housing authority purchase the property, divided or other housing provider to comply with by the property's market price. the Affordable Housing Standards. Upon sale, the City's equity share shall be 17.91.140 Affordability Restrictions. repaid to the City from the proceeds of the Developers of affordable units for sale shall sale, less the City's percentage share of title specify the type of affordability restriction insurance, escrow fees and documentary to be applied. The developer shall choose transfer taxes, at the close of escrow. to either: 1) participate in a Shared Equity Purchase Program, as described in Section 17.91.151. Early Resale of Shared Equity 17.91.150, or 2) to enter into an affordable Properties. In the event of "early resale", housing agreement to ensure that owners of properties subject to the Shared C3-19 Inclusionary Housing Requirement Equity Purchase Program shall either 1) project which does not meet these pay an equity recapture fee to the City as requirements. No inclusionary unit shall be described in the schedule below, in addition rented or sold except in accordance with to the City's equity share, or 2) sell the these requirements and the affordable property to another eligible household. housing standards. "Early resale" shall mean the sale, lease or B. Appeals. The Director shall administer transfer of property within five (5) years of and interpret these requirements, subject to the initial close of escrow. If owner applicable codes and City procedures. chooses to pay the equity recapture fee, the Decisions of the Director are appealable, recapture fee shall be paid to the City upon subject to the zoning regulations appeal resale at close of escrow, based on the provisions. (SLOMC Ch.17.66). following schedule: 17.91.180 Severability. If any Year % of Equity Build-up provision of this chapter or the application Recaptured: thereof to any person or circumstances is held invalid, the remainder of the chapter 0-2 100% and the application of the provision to other 3 75% persons or situations shall not be affected 4 50% thereby. 5 25% 6 and after 0% The recapture amount shall be determined prior to the calculation of escrow closing costs. 17.91.160 Management and Monitoring. Inclusionary rental units shall be managed and operated by the property owner, or the owner's agent, for the term of the Affordable Housing Agreement. Sufficient documentation shall be submitted to ensure compliance with this chapter, to the satisfaction of the Director. 17.91.170 Enforcement and Appeals. A. Enforcement. No final subdivision map shall be approved, nor building permit J1VL:IHTFrev5.ord.2/18/99 issued, nor shall any other development entitlement be granted for a development 8 C3-20