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HomeMy WebLinkAbout03-010 FrwyRchAfrdblHsng06-24-2003AGENDA STATEMENT PLANNING COMMISSION MEETING DATE: June 24, 2003 SUBJECT: PUBLIC HEARING: PA 03-010, Fairway Ranch Affordable Housing Community, Tentative Tract Map, Site Development Review, Density Bonus, and Development Agreements Report Prepared by Mike Porto, Planning Consultant and Marnie R. Waffle, Assistant Planner ATTACHMENTS: 1. Resolution approving Tentative Tract Map 7453 (with Tentative Tract map attached as Exhibit A). 2. Resolution transferring decision making authority to the City Council for PA 03-010, Fairway Ranch Affordable Housing Community Site Development Review and Density Bonus. 3. Resolution recommending City Council approval of four Development Agreements (with the Agreements attached as Exhibits A, B, C, and D). 4. Fairway Ranch Project Plans dated June 10, 2003. 5. TJKM Transportation Consultant's memo dated April 10, 2003. 6. Dublin Municipal Code Chapter 8.68, Inclusionary Zoning Ordinance. 7. Dublin Municipal Code Chapter 8.52, Density Bonus Ordinance. RECOMMENDATION: 1. Open Public Hearing and receive Staff presentation. 2. Take testimony from the Applicant and the Public. 3. Question Staff, Applicant and the Public. 4. Close Public Hearing and deliberate. 5. Adopt Resolution (Attachment 1) approving Tentative Tract Map 7453. 6. Adopt Resolution (Attachment 2) transferring decision-making authority to the City Council for PA 03-010, Fairway Ranch Affordable Housing Community Site Development Review and Density Bonus. 7. Adopt Resolution (Attachment 3) recommending City Council approval of four Development Agreements. PROJECT DESCRIPTION: The project, referred to as Fairway Ranch, would be located in Dublin Ranch Area B, within the Eastern Dublin Specific Plan. The proposed project would comprise 3 parcels of land totaling 24.78 gross acres designated for high-density residential land uses, within a larger 4-parcel, 152-acre area. Parcel 4 (the remaining 127.3 acres) is not part of this application. The Applicant is requesting approval of Tentative Tract Map 7453, Site Development Review for Parcels 1 through 3 with a density bonus for affordable housing, and four Development Agreements, for the construction of 930 residential units. COPIES TO: Applicant PA File Project Managers ITEM NO. ~~ Tract Map 7453, Site Development Review for Parcels 1 through 3 with a density bonus for affordable housing, and four Development Agreements, for the construction of 930 residential units. Surrounding land uses include, undeveloped land to the east and north designated for Medium-Density Residential, and to the south for Campus Office. To the west of the project site is Medium-High and High Density Residential housing and a City park all of which is currently under construction as part of the Town Center (Area G) project. The three parcels comprising the Fairway Ranch project are proposed to be developed with the following residential housing types: 1) senior rental housing (55 years of age and older), 2) multi-family rental housing, and 3) for-sale condominium housing. Of the 930 units, 587 (or 63%) would be affordable to very low-income, low-income, and moderate-income households while 343 (or 37%) would be market- rate. The definitions of low, very low, and moderate-income households are provided in the discussion below on Affordability. Each of the three housing types would include both affordable and market-rate units. Table 1 shows the distribution of affordable and market-rate units throughout the project. TABLE 1 NO.OF AFFORDABLE AND MARKET-RATE UNITS BY PROJECT No. of Affordable No. of Market Rate Total No. of Percent Project Units Units Units Distribution Senior Rental 292 30 322 34% Housing Multi-Family Rental 243 61 304 33% Housing For-Sale Condominium 52 252 304 33% Housing Total No. of Units 587 343 930 100% Percent Distribution 63% 37% 100% The large portion of affordable units proposed for Fairway Ranch would satisfy the Inclusionary Zoning requirements for this project as well as for an additional 2,655 future residential units within Dublin Ranch. The Applicant is also requesting a Density Bonus of 186 units, included in the 930 units proposed, for providing units affordable to very-low and low income households. An explanation of the Inclusionary Zoning requirements and the Density Bonus is provided in the discussion below on Affordability. BACKGROUND: In 1997, the City Council adopted Resolution 97-141 approving a Planned Development District and Land Use and Development Plan/District Planned Development Plan (LUDP/DPDP) for Dublin Ranch Areas B through E, located within the Eastern Dublin Specific Plan. This approval established the final zoning for Areas B through E and required that a Tentative Map, Site Development Review, and Development Agreement be approved prior to the issuance of building permits for the development of the properties. The Fairway Ranch project is proposed on a 24.78 gross acre parcel designated for High Density Residential within a portion of Dublin Ranch Area B. The LUDP/DPDP designated a total of 744 units on this site with a provision that this number could be increased during Site Development Review as long 2 as the total number of units for Areas B through E combined did not exceed 1,875 units. Additional development regulations were adopted as part of the LUDP/DPDP including, a parking requirement of 1.9 spaces per dwelling unit for High Density Residential land uses; a reduction in the parking requirement for assisted care/senior housing; and, setbacks. ANALYSIS: Tentative Tract Map The Applicant is requesting to subdivide one 152-acre parcel into 4 separate parcels as shown on the Tentative Tract Map, Exhibit A of Attachment 1. The Fairway Ranch project is proposed to be developed on Parcels 1, 2, and 3 of Tentative Tract Map 7453 for a total of 24.78 gross acres (19.68 net acres). Parcel 1 would be +6.9 net acres, Parcel 2 would be +6.8 net acres, and Parcel 3 would be +6.4 net acres. Parcel 4 is the remaining portion of the subdivision and is not a part of this application. Tentative Tract Maps are subject to review and approval by the Planning Commission. Tentative Tract 7453 is bounded by the extension of Central Parkway to the north, the extension of Fallon Road to the east, Interstate 580 to the south, and the extension of Keegan Street to the west. The 3-parcel Fairway Ranch project would be located in the northwest corner of Tentative Tract 7453 and is bounded by the extension of Central Parkway to the north, the extension of Dublin Boulevard to the south, a new street currently designated as "Y" Street to the east, and Keegan Street to the west. Parcels 1 & 2 would be for the development of senior and multi-family rental units and Parcel 3 would be designated for condominium purposes. (Exhibit A, Attachment 1). As the Applicant's proposed Tentative Tract Map conforms with the City of Dublin General Plan, Eastern Dublin Specific Plan, and previously approved LUDP/DPDP for Dublin Ranch Areas B-E, Staff recommends the Planning Commission approve the Tentative Tract Map subject to the findings and conditions of approval contained in the attached Resolution (Attachment 1) with the condition that the approval shall not be effective until the City Council approves the related CEQA determination, Site Development Review and Density Bonus for the Fairway Ranch project. Site Development Review Access and Circulation The Fairway Ranch project site would be bound by the extension of Central Parkway to the north, the extension of Dublin Boulevard to the south, a new street currently designated as "Y" Street to the east, and Keegan Street to the west. Two vehicular access points are proposed along Keegan Street, at Finnian Way and Maguire Way. Extensions of both Finnian Way and Maguire Way would be private streets and are proposed to provide access through the site to future "Y" Street. The main access points would be along Keegan Street with secondary access points proposed along future "Y" Street. The intersections at Keegan Street/Finnian Way and Keegan Street/Maguire Way would be signalized. The main entrance to the Senior project is proposed at Keegan Street and Finnian Way. Access to the Senior West parking structure could be obtained from Finnian Way. A second entrance to the parking structure would be located off of an internal street that wraps around the Senior East project. Access to the Multi-Family and For-Sale Condominium projects are proposed at Keegan Street and Maguire Way. Two parking structures, one for the Multi-Family project and one for the Condominium project, are proposed and could be accessed from two separate entrances off of Maguire Way. Pedestrian access to the site is proposed along Dublin Boulevard, Keegan Street, "Y" Street and Central Parkway. 3 Four, on-site Emergency Vehicle Access Easements (EVAE) are proposed to accommodate fire truck access to all of the buildings within Fairway Ranch. Two EVAE's would be located on Parcel 1, the Senior Rental site. One EVAE is proposed to run along the Northern portion of the Senior West building adjacent to Central Parkway. The other would intersect the Senior East project and run in a north-south direction. The other two EVAE's would be located on-site along the easterly boundary of Parcel 2 (the Family Rental site) and Parcel 3 (the For-Sale condominium site) adjacent to the proposed "Y" Street. Site Plan Parcel 1 (Senior Rental Housing): This site, the northern-most of the three parcels, would be located south of Central Parkway between Keegan Street and "Y" Street and is proposed to be developed with 322 units of Senior Rental Housing. Parcel 1 would be developed with five separate buildings and generally divided into east and west sections. Building A-1, located on the westerly portion of Parcel 1 adjacent to Keegan Street would be developed with 4 levels of apartments (154 units) over one level of parking partially below grade. The east section of Parcel 1 would be developed with four buildings. Buildings A-2 and A-4 are proposed to be three stories of apartments, and Buildings A-3 and A-5 would be constructed at four stories, for a total of 168 units. Ninety-degree surface parking would be provided surrounding the project site. Some carports would be provided as covered parking for the residents while a portion of the parking stalls would remain uncovered for guests. Parcel 1 would be separated from Parcel 2 on the south side by the extension of Finnian Way as a private drive running between Keegan Street and the proposed "Y" Street. Parcel 2 (Multi-Family Rental Housing): Parcel 2 is the middle parcel on the site and is proposed to be developed with 304 units of Multi-Family Housing. A 4-level parking structure would be centrally located on this parcel surrounded by 4-story residential buildings. Blocks of units are proposed to be arranged around outdoor courtyards of varied designs and configurations. Parcel 2 would be separated from Parcel 3, immediately to the south, by the extension of Maguire Way as a private drive running between Keegan Street and the proposed "Y" Street. This drive entrance would be designed with a landscaped median off of Keegan Street and a small roundabout visually tying the north and south sides of the street together and identifying the access driveway to each parking structure. In addition to the residential units, Parcel 2 would also include approximately 5,000 square feet of ancillary retail/commercial uses located on the ground level at the southeast corner of Keegan Street and Finnian Way. Parcel 3 (For-Sale Condominiums): Parcel 3 would be located at the south end of this project on the north side of Dublin Boulevard, and is proposed to be developed similar to the Multi-Family site with the same mix of 304 units. The central parking structure would be 5 levels, but would not exceed the surrounding residential buildings due to one level of parking being located partially below grade. The surrounding residential structure would also be arranged around smaller, well-designed courtyards. The Multi-Family project and the Condominium project are proposed to have common recreation areas including open turf, tot-lots, lap pools, and clubhouses of approximately 2,770 square feet. Floor Plans The Applicant is proposing eleven different floor plans to be used throughout the 3 projects that vary in size and layout. The units would be single-story units and range in size from 575 to 1,035 square feet. Access to the units would be from interior corridors. Generally, there would be a minimum of two stairwells and an elevator located on every floor. Laundry facilities, when not provided within the units, 4 would be available on the second and third floors of the three-story buildings and the second, third and fourth floors of the four-story buildings. Trash chutes are proposed on each floor between the laundry facility and the elevator with the collection area located on the first floor next to the elevator. Table 2 provides a brief description of the basic elements of each unit type. Plans A through E are evenly distributed within the Multi-Family project and the For-Sale Condominium project. Plans F through G-2 are designed for the Senior Rental units. TABLE 2 FLOOR PLAN TYPES Plan No. of Square Feet Bedrooms Bathrooms Washer/Dryer in Project Units the unit Multi-Family A 136 575 sf 1 1 No & Condo Multi-Family B 72 650 sf 1 1 No & Condo Multi-Family B-2 48 710 sf 1 1 Yes & Condo Multi-Family C 80 825 sf 2 1 No & Condo Multi-Family C-2 88 867 sf 2 2 Yes & Condo Multi-Family D 72 987 sf 2 2 Yes & Condo Multi-Family E 112 1,035 sf 3 2 Yes & Condo F 102 575 sf 1 1 No Senior F-2 80 673 sf 1 1 Yes Senior G 60 787 sf 2 1 No Senior G-2 80 846 sf 2 2 Yes Senior Total 930 Senior Project: Four of the 11 floor plans are designed for Senior Rental Housing. All floor plans in the Senior East and West buildings would have utilitarian kitchens, living room/dining area, and terraces. Floor plans F-2 and G-2 would have washer/dryers inside the units; floor plans F and G would not. Floor plans F-2 and G would have walk-in closets while floor plans F and G-2 would have standard sliding-door closets. Plan F: This floor plan is the smallest proposed at, 575 square feet. It has one bedroom and one bathroom. A window would be provided in the bedroom and access to the terrace would be through the living room. The Senior East complex is proposed to have 56 of these units; the Senior West complex would include 46 units with this floor plan. Plan F-2: This floor plan is proposed at 673 square feet and would also have one bedroom and one bathroom. A washer/dryer would be located within these units. A window would be provided in the bedroom and access to the terrace could be obtained from the bedroom as well as the living room. The Senior East complex is proposed to have 56 of these units; the Senior West complex would include 24 units with this floor plan. Plan G: This plan is the only two-bedroom, one-bath unit proposed within the senior rental project. It would be 787 square feet. One window would be provided in each bedroom and access to the terrace would be through the living room. The Senior East complex is proposed to have 28 of these units; the Senior West complex would include 32 units with this floor plan. Plan G-2: This floor plan is proposed at 846 square feet with two bedrooms and two bathrooms. A window would be provided in Bedroom #1 and the living room. Daylight illumination for Bedroom #2 would be provided from a sliding glass door to the terrace, which also may be accessed from living room. A washer/dryer would be available inside these units. The Senior East complex is proposed to have 28 of these units; the Senior West complex would include 52 units with this floor plan. Multi-Family & For-Sale Condominium Project: Seven of the 11 floor plans are designed for the Multi-Family and For-Sale Condominium Housing. All floor plans in these two projects are proposed to have utilitarian kitchens, and living room/dining areas. Six of the seven floor plans would have a terrace; four floor plans would have washer/dryers inside the units while three floor plans would not. Plan A: This is the smallest floor plan proposed for the multi-family and condominium buildings at 575 square feet. This unit would be aone-bedroom, one-bath unit. A window would be provided in the bedroom and access to the terrace could be obtained through a sliding glass door in the living room. 68 of these units are proposed to be located in the multi-family building and the condominium building. Plan B: This floor plan is proposed at 650 square feet and would also be aone-bedroom, one- bath unit. There would be two windows in the bedroom, one of which would face the terrace. A door would also be provided from the bedroom to the terrace. A sliding glass door would give access to the terrace from the living room. There are proposed to be 36 of these units in the multi-family building and the condominium building. Plan B-2: This would be the largest of the one-bedroom, one-bath floor plans at 710 square feet. This floor plan would include awasher/dryer within the unit. There would be two windows in the bedroom, one of which would face the terrace. A door would also be provided from the bedroom to the terrace. A sliding glass door would give access to the terrace from the living room. There are 24 of these units proposed in the multi- family building and the condominium building. Plan C: This is the only two-bedroom, one-bath floor plan proposed for the multi-family and condominium buildings. It would be 825 square feet. One window would be provided in each of the bedrooms and a sliding glass door would provide access to the terrace from the living room. There are 40 of these units proposed in the multi-family building and the condominium building. Plan C-2: This floor plan is 867 square feet and would be atwo-bedroom, two-bath unit. A washer/dryer would be located within the unit. A window would be provided in Bedroom #1 and access to the terrace could be obtained through a sliding glass door in 6 bedroom #2 as well as the living room. There are 44 of these units proposed in the multi-family building and the condominium building. Plan D: This would be a slightly larger two-bedroom, two-bath unit at 987 square feet A washer/dryer would be located within the unit. A window would be provided in Bedroom # 1 and access to the terrace could be obtained through a sliding glass door in bedroom #2 as well as the living room. There are 36 of these units proposed in the multi-family building and the condominium building. Plan E: This would be the only three-bedroom, two-bath unit. It is proposed to be the largest unit at 1,035 square feet and would include awasher/dryer inside the unit. This would be the only floor plan that does not have a terrace. One window would be provided in each of the bedrooms. There are 56 of these units proposed in the multi-family building and the condominium building. Parkin Senior Rental Housing The Senior East project is proposed to include four buildings with a total of 168 units. Surface parking is provided on-site and would consist of 185 parking spaces. An additional 14 on-street parking spaces would be allocated to the site, for a total of 199 parking spaces. A portion of the surface parking spaces would be covered with carports. On-street parking spaces would be located along the west side of future "Y" Street. There would be 8 on-site handicap-parking stalls, two of which would be van accessible. A loading and unloading zone for moving vans would be been designated at the north end of the site as well as fire lanes on the northeast and southwest corners of the site. (See Sheet C-8 of Attachment 4) The Senior West project is proposed as a four-story building with 154 units, over one level of subterranean parking. Parking would be provided as follows: 129 structured parking spaces, 21 on-site surface spaces, 17 on-street spaces, and 11 joint use spaces with the adjacent retail building, for a total of 178 spaces. Seven of the on-site surface spaces would be located near the leasing office for the senior apartments. All on-street parking spaces would be located along Central Parkway. There would be 6 handicap stalls within the parking structure, one of which would be van accessible, 1 on-site handicap parking stall located just outside the leasing office and 1 on-site handicap parking stall associated with the joint use parking spaces. (See Sheet C-8 of Attachment 4) The amount of parking proposed for the Senior project (377 parking spaces total) meets the parking requirements established as part of a parking study which was conducted by TJKM and therefore meets the requirements of the LUDP/DPDP and Inclusionary Zoning regulations. Multi-Family Rental Housing The Multi-Family project includes 304 units and is proposed to have 476 structured parking spaces, 10 on-site surface spaces, and 13 on-street spaces, for a total of 499 spaces. Four stories of structured parking would be provided with four stories of residential units surrounding the structure. 11 on-site surface parking spaces would serve the 5,000 square feet of retail as well as guest parking during off peak retail hours. All on-street parking spaces would be located along the west side of future "Y" Street. There would be 10 handicap parking stalls within the structure two of which would be van accessible and 1 on-site surface handicap stall. (See Sheet C-8 of Attachment 4) The amount of parking proposed for the Multi-Family project (499 parking spaces total) meets the parking requirements established as part of a parking study, which was conducted by TJKM and therefore meets the requirements of the LUDP/DPDP and Inclusionary Zoning regulations. 7 For-Sale Condominium Housing The For-Sale Condominium project includes 304 units is proposed to have 550 structured parking spaces, 11 on-site surface spaces, and 16 on-street spaces, for a total of 577 spaces. The structured parking would be similar in design to the Multi-Family project but would have 5 stories of parking with four-stories of residential units surrounding the structure. All on-street parking spaces would be located along the west side of future "Y" Street. There would be 9 handicap parking stalls within the structure two of which are van accessible and 1 on-site surface handicap stall. (See Sheet C-8 of Attachment 4) The amount of parking proposed for the Condominium project (577 parking spaces total) meets the parking requirements established in the approved LUDP/DPDP. Parking Requirements -Background As previously stated in this staff report, the LUDP/DPDP established a 1.9 parking ratio for High Density Residential land uses, with a provision that these standards could be modified for assisted care/senior units. Parking standards are also regulated under the City's Inclusionary Zoning Ordinance, which allows for reductions in parking for affordable housing units. While both the LUDP/DPDP and Inclusionary Zoning Ordinance allow for reductions in parking standards, they do not stipulate what this reduced standard should be. In order to determine what an appropriate parking ratio would be for the senior housing and affordable multi-family housing, the City consulted with TJKM to prepare a parking study. The parking study evaluated six, affordable senior communities and five, affordable multi-family communities (Attachment 5). For-Sale condominium communities were not studied since the ratio of 1.9 spaces per unit was established as a development standard by the LUDP/DPDP. The results of the parking study are as follows: 1. A parking ratio of 1.17 parking stalls per unit was derived for affordable senior units; and, 2. A parking ratio of 1.54 parking stalls per unit was derived for affordable multi-family units. Based on the LUDP/DPDP and the findings from the parking study, the parking requirements for Fairway Ranch are as follows (see Table 3 for summary): 1. For all senior rental units, a parking ratio of 1.17 parking stalls per unit multiplied by 322 units produces a parking requirement of 377 stalls. 2. For affordable multi-family rental units, a parking ratio of 1.54 parking stalls per unit multiplied by 243 units produces a parking requirement of 374 stalls. 3. For market-rate multi-family apartment units, a parking ratio of 1.9 parking stalls per unit multiplied by 61 units produces a parking requirement of 116 stalls. For consistency, the same parking ratios (1.54 stalls/unit for affordable units and 1.9 stalls/unit for market-rate units) were used to determine the parking requirement for the for-sale condominium units and are as follows (see Table 3 for summary): 1. For affordable for-sale condominiums, a parking ratio of 1.54 parking stalls per unit multiplied by 52 units produces a parking requirement of 80 stalls. 2. For market-rate for-sale condominiums, a parking ratio of 1.9 parking stalls per unit multiplied by 252 units produces a parking requirement of 479 stalls. 8 TABLE 3 PARKING RATIOS & REQUIRED PARKING No. of Units Parking Ratio* Parking Requirement Applicant Pro 'oral Senior All Units 322 1.17 377 Total 322 units 1.17 377 stalls 377** stalls (1.17 ratio) Multi-Famil Affordable 243 1.54 374 Market 61 1.9 116 Total 304 units 1.61 490 stalls 499 stalls 1.64 ratio) Condominium Affordable 52 1.54 80 Market 252 1.9 479 Total 304 units 1.84 559 stalls 577 stalls 1.90 ratio) *Parking ratios are based on the approved LUDP/DPDP and a parking study conducted by TJKM. **This total includes 11 parking spaces for joint use between the retail building and senior building A-1. In total, the parking requirements for the Fairway Ranch Affordable Housing Community are: 1. 377 stalls for the senior rental project, 2. 490 stalls for the multi-family rental project, and 3. 559 stalls for the for-sale condominium project. The Applicant is proposing to provide, 1. 377 stalls for the senior rental project (equal to the requirement), 2. 499 stalls for the multi-family rental project (9 stalls more than the requirement), and 3. 577 stalls for the for-sale project (18 stalls more than the requirement). As proposed, the Fairway Ranch project satisfies the parking ratios determined by the LUDPlDPDP and the parking study for each housing type. Shuttle Service Shuttle service is proposed to be provided for the residents of the Fairway Ranch project and would operate on a fixed schedule and route providing reliable service seven days a week. During the weekday commute hours, the shuttle would provide transportation to the Dublin/Pleasanton BART Station, ACE train station, and selected business parks and/or employment locations as dictated by the needs of the residents. During the day and evening non-commute hours and on weekends, the shuttle would provide transportation to local shopping centers, medical facilities, recreational areas and other destinations. The route and schedule would be tailored to the needs of the residents. Architecture The general design theme and concept for the building exteriors reflect elements of the Craftsman style. These elements include simulated hardboard siding, stone veneer details; shake singles, wooden accent trims, and window mullion patterns. Given the mass and scale of three and four-story structures, a variety of materials and color schemes are used to simulate the features of a wooden structure. Attention has been paid to the articulation of exterior facades, rooflines, window openings, and terraces. 9 With the building height in mind, exterior facade planes have been varied extensively in terms of depth, color, and materials to provide visual interest and reduce mass. Functionally, each building is constructed with a flat roof. However, hip rooflines, accent gables, and parapets create an interesting silhouette for otherwise large-mass structures and provide screening for roof-mounted equipment such as HVAC and elevator housings. Unlike other large-scale projects, which create high-density residential development, the Fairway Ranch project has been designed to provide open space courtyards visually accessible from every unit. In addition, these courtyards break the visual mass of the structure by providing deep recesses in the building plane interrupting the views from off site. Although the buildings as a whole create ahigh-density product (38.0 units to the gross acre, 47.0 units to the net acre), the overall impression of the architecture and design concept should serve to provide a feeling of a project that is significantly less dense. The architect has offered six different color schemes for the buildings comprising this project. The color schemes are reflective of natural tones identified with the craftsman style with tones of natural elements of wood and stone in browns, grays, and tans. Each scheme includes a harmonious palette for roof materials, exterior stucco, wood siding, wooden trim, fascia boards, gabled end accents, rails, trellises, and stone veneers. In place of wood, certain surfaces or details are provided by colored cementous materials within each scheme shown to simulate hardboard siding, shingles, and trim. These products represent the current technology in long lasting maintenance free materials that will add to the longevity of this project. Over time, the project will maintain an attractive and clean look without the deterioration associated with natural materials. The six color schemes submitted by the architect are described as follows: Color Scheme 1 yellow) 2( ra s 3 4 (1~rown 5 6 roof shingle mission cedar weathered burnt weathered copper canyon brown wood sienna wood main building millet sawyer's Madonna tenderfoot lulled beige walnut wash color fence lily trellis accent sweet earth wayfarer kayak burntside White little bighorn gray brown shadow wood siding none daplin stone lion amber None none accent waves wood fascia, lemon wayfarer swiss burntside White little bighorn gable end & chiffon gray coffee shadow potshelf wood siding blue comet blush box elkhorn burntside muddy wild country cactus river guard rail blackmar blackmar blackmar blackmar Blackmar blackmar building base lemon none swiss none white restorative chiffon coffee shadow stucco accent none white none windrift none none shadow stone veneer Fog fox valley cedar Wisconsin SiIverado cedar drystack southern drystack weathered weathered The ground level is typically defined with a stone veneer used as an exterior material or to accent pylons supporting entryway canopies. Typical to the Craftsman style, walls, pilasters, and headers (lintels) of window and door openings are topped with heavy beams or concrete caps. Windows openings are vertically rectangular and heavily trimmed. Window mullions are arranged with small upper lights and 10 larger rectangular panels beneath. The gabled ends are embellished with open-ended extended beams, decorative brackets, accent-colored fascia boards, or simulated shingles or siding. In addition to the recreation areas discussed above, the multi-level residential buildings are designed around smaller courtyards. The proposed plan offers three interior courtyard designs and three different building entry designs in terms of paved surface materials, patterns, and landscaping. The courtyard or entry turf areas vary from square, oval, round, or rectangular. Hardscape and walkways are textured or colored concrete landscaped with canopy trees, flowering accents, and limited seating to provide a peaceful and restful space within ahigh-density area. A majority of the Multi-Family and Condominium Buildings provide parking for their tenants and owners within parking structures. Generally every unit within these properties will have a minimum of one covered parking space. The large senior podium building is built over parking so a portion of the senior units will have covered parking. Carports for 147 cars designed in keeping with the architectural style of the main senior building and the four easterly buildings will be provided directly adjacent or within close walking distance to the units they serve. In general, the exterior design, open space, and color schemes provide an interesting and attractive image given the scale and density of this project. Landscaping and Fencing In accordance with the Site Development Review Ordinance, the applicant has provided a conceptual landscape plan. The proposed plant palette has been reviewed by the City's landscape architect for consistency with plant materials compatible with the climatic conditions in Dublin. The most significant features of the landscape plan are the designs for the individual courtyards on the Multi-Family and Condominium buildings. These courtyards have been designed to provide a formal open space accessible from the adjacent travel way and the buildings themselves. The development pattern proposed incorporates paved areas and walkways, seating areas and a series of canopy tress for shade and accent trees for color. The individual plant palette for the shrubs and bushes will accent the structure and provide softening of the lower floor plane. The Trees themselves will soften the building architecture while providing visual backdrops for the courtyards themselves. The entry drives at both Keegan and "Y" Street has been highly embellished with special pavement, unique pavement patterns, landscaped medians and a hierarchy of trees and entry monuments. The landscape features for the senior development include a formalized landscaped courtyard surrounded by the four individual buildings located on the east side of the site. This courtyard also doubles as the emergency vehicle access (EVA) through this portion of the project. The EVA is all but indistinguishable due to the landscape architect's design for the pavement patterns and placement of plant materials. The podium level of the main senior building incorporates a synthetic ball court, formal planting rows to create canopied seating areas and a wheelchair accessible spa. A trellis is featured connecting the building wings. There are two special recreational amenities, one for the Multi-Family project and another for the Condominium property. These facilities are encompassed by the building mass and include a lap pool, spa, children's play area, and open turf area and trellis structures. A leasing office/recreation room building is included for each property and contains the restroom facilities and pool equipment. Landscaping in these recreation areas is kept toward the perimeter to allow for maximum recreational usage and to soften the building masses. 11 The streetscapes along the perimeters of Dublin Boulevard, Keegan Street and Central Parkway will be continuations of the streetscapes already established for the Dublin Ranch Area G properties currently underway. The Streetscape for "Y" Street will be consistent in pattern with the streetscape on Keegan, however the tree type is proposed to be Chinese Elm, which is a consistent tree to the climatic conditions in Dublin. Generally, no real fencing is proposed for the project. In accordance with the requirements from the Dublin Police, there will be fencing at the ground floor of the parking structures to prohibit direct access across the landscaping from the parking structures to the ground floor units. The pedestrian bridges from the parking garage to the units are unfenced but a solid railing is proposed. Additionally, where the open patios are facing "Y" Street and Dublin Boulevard on both the Multi-Family and Condominium Units, low 42 inch wrought iron fencing is proposed for separation of the private and public uses. Along Dublin Boulevard, each courtyard is to be enclosed with a combination of low wrought iron fencing supported with a series of stone pilasters consistent with the building materials and the other pilasters found throughout Dublin Ranch. The fences will connect between building wings and walkways out to Dublin Boulevard will be provided. The overall landscape program for Fairway Ranch will serve to visually enhance the buildings, provide the residents with much more landscaped open space than similar high-density projects and will be consistent and in keeping with the high quality landscape environments created on similar projects in Dublin. Sound Attenuation A mitigation measure contained in the Environmental Impact Report for the Eastern Dublin Specific Plan requires sound studies for buildings abutting major arterials. As this project abuts both Central Parkway and Dublin Boulevard, a sound study will be required for compliance with the mitigation measure. Generally, normal residential construction with upgraded windows can adequately attenuate vehicular noise for the interior structures. However, exterior open space areas require special considerations when attenuation is necessary. It is anticipated that several of the open patios and balconies facing Dublin Boulevard and possibly Central Parkway will require attenuations. The normal method of accomplishing this is with the use of Plexiglas or tempered glass panels. The architect has allowed for this eventuality in the design for the project. The Plexiglas or tempered glass panels allow for the residents views to be uninterrupted and provides for an un-interrupted view of the project from off site. Affordability Inclusionary Zoning The purpose of Inclusionary Zoning is to increase the number of residential units affordable to households of very-low, low, and moderate incomes. In order to accomplish this goal, the City has adopted an Inclusionary Zoning Ordinance that requires all new residential developments of 20 units or more to provide 12.5% of total number of units as affordable. Of those 12.5% affordable units, the Ordinance further requires that 30% be affordable to very-low incomes, 20% to low incomes, and 50% to moderate incomes. The Ordinance defines the levels of affordability for very-low, low, and moderate incomes as follows: 1. Very-low: incomes that do not exceed 50% of the area median income; 2. Low: incomes that are between 50% and 80% of the area median income; and, 3. Moderate: incomes that are between 80% and 120% of the area median income. 12 The Fairway Ranch project consists of 930 residential units of which 587 units would be affordable to very-low, low, and moderate-income households. The project exceeds the requirements of the Inclusionary Zoning Ordinance, and is intended to satisfy the affordable housing requirements for the remainder of Dublin Ranch, by providing 63% of the total number of units as affordable. Table 4 provides a breakdown of the distribution of affordable and market-rate units for the senior, multi-family and condominium portions of the project. The affordable units are distributed evenly by floor and throughout each project (Attachment 2, Sheets A-3 to A-6, A-11 & A-12, A-14 & A-15, A-19 to A-22, A-24 to A-27). For a breakdown of affordable and market-rate units by floor plan, see Attachment 4, Applicant's Written Statement, page 2 of 11. TABLE 4 AFFORDABLE AND MARKET-RATE UNIT DISTRIBUTION Very-Low Low Moderate Market-Rate Total Income Income Income Senior 64 (20%) 97 (30%) 131 (41%) 30 (9%) 322 Apartments Multi-Family 63 (20%) 90 (30%) 90 (30%) 61 (20%) 304 Apartments For-Sale 0 (0%) 0 (0%) 52 (17%) 252 (83%) 304 Condominiums Total Units 127 187 273 343 930 Percenta a 14% 20% 29% 37% 100% In exchange for providing affordable housing above and beyond what the Inclusionary Zoning Ordinance requires, the Applicant has requested the Council create "affordable unit credits" for 332 of the affordable units pursuant to Dublin Municipal Code Section 8.68.060. This number of "affordable unit credits" would satisfy the Inclusionary Zoning Ordinance requirements for the Fairway Ranch project and for 2,655 units developed in the rest of Dublin Ranch. The developer will be providing an additional 162 affordable units for which the developer has not requested "affordable unit credits." The developer has, however, requested other benefits from the City in consideration of the provision of an additional 162 units. These benefits to the developer include: a. Concentration of affordable units on the project site contrary to the ordinance's provisions; b. Reduced bedroom sizes for the affordable units; c. Different affordable mix between very-low, low and moderate than required by the ordinance; d. A loan in the amount of $4.5 million (split between the multi-family and senior phases); e. A waiver of possible commercial linkage fees for all future Dublin Ranch commercial areas; £ A reduction in required parking spaces; and g. A reduction in minimum setback requirements. Density Bonus The Fairway Ranch project proposes to construct a total of 930 units, which includes a Density Bonus request of 186 units. As mentioned previously in this Staff Report, the 1997 LUDP/DPDP approved a total of 744 units for this site (744+186=930). In order to qualify for a Density Bonus and one "concession" pursuant to the City's Density Bonus Ordinance, a project must provide one of the following: 20% of the total units for lower income households, or 10% of the total units for very-low income 13 households, or 50% of the total units for senior citizens. A project that proposes both 20% low-income units and 10% very low-income units qualifies for a density bonus and two "concessions." The Fairway Ranch project proposes to provide 25% of the total units for low-income households (189/744=.25) and 17% of the total units for very-low income households (127/744=.17) thereby exceeding the minimum qualifications for a density bonus. In addition to being granted a Density Bonus for providing affordable housing, the Applicant is thus entitled to two concessions and has requested the following: a. Mixed use zoning for 5,000 square feet of retail; and, b. Expedited processing. The retail use is allowed as a "concession" even though the property is zoned residential, pursuant to Dublin Municipal Code Section 8.52.OSO.B. No rezoning is required for the retail use because of the Density Bonus Ordinance. Management The senior rental and multi-family rental portions of the Fairway Ranch project are proposed to be managed by Legacy Partners, a division of Lincoln Properties. There will be a one-bedroom/one-bath unit reserved for an on-site manager in the Senior East and Senior West projects and atwo-bedroom/one- bath unit for an on-site manager in the multi-family project. Development Agreement One of the implementing measures of the Eastern Dublin Specific Plan is the requirement that the City enter into a Development Agreement with developers in the plan area. The Development Agreement provides security to the developer that the City will not change its zoning and other laws applicable to the project for a specified period of time. The Development Agreement is one means the City has to ensure that the goals of the Eastern Dublin Specific Plan are met. Development Agreements are reviewed by the Planning Commission and recommended to the City Council for action. There are four proposed Development Agreements between the City of Dublin and the Lins for the Fairway Ranch project. These Agreements are attached as Exhibits A, B, C, and D of Attachment 3 to this Staff Report. The Development Agreement (the "Fairway Ranch Development Agreement") labeled Exhibit A, is based on the standard Development Agreement developed by the City Attorney and adopted by the City Council for Eastern Dublin Projects and covers Parcels 1, 2, & 3, including provisions related to phasing, affordable unit credits, and waiver of the commercial linkage fee. The remaining three Agreements labeled Exhibits B, C, and D are specific to the respective phases or "components" of the project, the senior phase, the multi-family phase and the condominium phase. It is anticipated that the three phases will be owned by different developers and that these three development agreements will be assigned to such developers. State law requires that there be three public hearings on Development Agreements. The purpose for the hearing before the Planning Commission is to recommend approval of the Development Agreement to the City Council. The Agreement The City Attorney drafted the proposed Development Agreements with input from City Staff, representatives of the Lin's, and their attorneys. The Development Agreements set forth the agreement between the parties in relation to many items, including, but not limited to, phasing, affordable unit credits, and waiver of commercial linkage fees. The Development Agreements run with the land and the 14 rights there under can be assigned. The main points of the Development Agreements can be found in Exhibits A, B, C, and D of Attachment 3 and are highlighted below: Term: The Development Agreements becomes effective for a term of five years from the date they are recorded. The developer can extend the term of the development agreements by up to five additional years by notifying the City of its intent to extend the agreements and payment of $100,000 per year for each additional year. Although the standard term for development agreements, such as these, that are required by the Eastern Dublin Specific Plan is five years, in several instances where the project would require more than five years to build out, the City has agreed to optional extensions upon payment of $100,000 per year. (See section 4 of Exhibit A, Attachment 3) SDR Approval: The Fairway Ranch Development Agreement provides that the SDR approval will remain valid for five years. It also provides that if either the senior project or the multi-family project is completed within five years, the SDR approval will be valid for ten years. (See section 4.2 of Exhibit A, Attachment 3) Phasing: The Fairway Ranch Development Agreement addresses phasing of the three components. It requires the completion of either the senior project or the multi-family project before the developer can construct the condominium project. This is because, as proposed, the condominium project does not include enough affordable units by itself to meet the requirements of the Inclusionary Zoning ordinance. However, the agreement does provide that if the developer wishes to construct the condominium project first, the developer must enter into an agreement to provide the required number of affordable units as a "stand alone" project. The agreement also requires the developer to include affordable units in all phases of each project, if the projects are constructed in phases. (See section 5.3.3 of Exhibit B, Attachment 3) Affordable Unit Credits: The Fairway Ranch Development Agreement provides for affordable unit credits in Exhibit B, section 5.3.7.B. The agreement specifies that the first 93 affordable units are required for the Fairway Ranch project (See section 5.3.7.B (iii) of Exhibit B, Attachment 3). It then provides that "affordable unit credits" are earned for each Certificate of Occupancy issued for a building containing affordable units until there are 332 "affordable unit credits." The developer can use the "affordable unit credits" to satisfy the obligation on the remainder of Dublin Ranch for an additional 2,655 units (3,399 estimated total units remaining on Dublin Ranch minus 744 units for Fairway Ranch equals 2,655 x 12.5% = 331.8). There is one exception to the time when "affordable unit credits" will be earned and that is for Dublin Ranch Area F North. The Fairway Ranch Development Agreement provides some flexibility to the developer for Dublin Ranch Area F North by not requiring the developer enter into an agreement ensuring the affordable units will be provided at the time of tentative map approval, as would normally be required, but deferring that requirement to building permit. However, the developer must have the required "affordable unit credits" before building permits will be issued for any building in Area F North (See section 5.3.7.B (vii) of Exhibit B, Attachment 3). The agreement specifies that the City will use the existing Inclusionary Zoning Ordinance to determine the number of units required for the remainder of Dublin Ranch, regardless of any changes in the Ordinance in future years. Thus, it ensures that future projects on the rest of Dublin Ranch will be required to provide 12.5% affordable housing, regardless of changes in the City's ordinance that may require a higher or lower percentage of affordable units. The Fairway Ranch Development Agreement indicates the intent of the City and the Lins to amend the Dublin Ranch Master Development Agreement, which was entered into in 1999 fora 20-year period, to reflect the provisions of this agreement related to 15 satisfaction of the Inclusionary Zoning Ordinance's obligations once the Fairway Ranch project provides 332 "affordable unit credits." Staff will bring the amendment to the Master Development Agreement at a future meeting. It also provides some flexibility to the developer to move forward with a project by allowing the developer, if it has building permits for Fairway Ranch buildings that contain affordable units, to get an "advance" of credits by posting a letter or credit or bond for the number of affordable units for which developer has building permits. The security will be equal to the amount of the "in lieu" fee. Finally, the agreement provides that credits will expire after 30 years, if not used. Exemption from Commercial Linkage Fees: The Fairway Ranch development agreement provides that if the entire Fairway Ranch project is completed and all 587 affordable units are constructed, the City will exempt the property within Dublin Ranch that is currently zoned for commercial uses from any future "commercial linkage fee" for 30 years. It provides that if any land uses are approved on the land subject to the potential exemption prior to the time that all affordable units are constructed, the developer will pay the commercial linkage fee and, once all 587 units are completed, the City will refund the fees previously paid. Alternatively, if building permits have been issued for affordable units, a developer who would be subject to the commercial linkage fee may provide a letter of credit in the amount of the fee, which will be refunded if all the 587 units are completed. (See section 5.3.7.C of Exhibit B, Attachment 3) ENVIRONMENTAL ANALYSIS: The project is located within the Eastern Dublin Specific Plan area, which was the subject of an Environmental Impact Report for the General Plan Amendment and Eastern Dublin Specific Plan (SCH # 91103064), certified by the City Council in Resolution No. 51-93 and Addenda dated May 4, 1993 and August 22, 1994. The General Plan Amendment/Specific Plan EIR is a program EIR, which anticipated several subsequent actions related to future development in Eastern Dublin. The EIR did identify some impacts from implementation of the General Plan Amendment/Specific Plan that could not be mitigated. Upon certification of the EIR, the City adopted a statement of overriding considerations for such impacts. The City also adopted amitigation-monitoring program, which included numerous measures intended to reduce impacts from the development of the Eastern Dublin area. In 1997, a Negative Declaration was approved by the City Council in Resolution No. 140-97 for the Planned Development Rezoning of Dublin Ranch Areas B-E, which includes the Fairway Ranch site. After completing an Initial Study, it was determined that the rezoning would not have any significant environmental impacts which were not already adequately described and analyzed in the Program EIR. Government Code section 65457 provides that any residential project that is consistent with a specific plan for which an EIR has been certified is exempt from CEQA, unless a supplemental EIR is required. The City prepared an Initial Study, dated June 2003, for the project to determine whether there will be supplemental environmental impacts occurring as a result of this project beyond or different from those already addressed in the Program EIR and the 1997 Negative Declaration. The Initial Study has resulted in the conclusion that the proposed project could not have a significant effect on the environment. No further environmental document will be prepared because the environmental impacts of this project were fully addressed by the final EIR for the Eastern Dublin General Plan Amendment, Specific Plan and subsequent Addenda, and the 1997 Negative Declaration. No significant new information has arisen for this project during the preparation of this Initial Study that would require further environmental review. 16 A finding will therefore be included in the resolution prepared for the Council to approve the SDR, finding the project exempt on the basis of section 65457. CONCLUSION: This application has been reviewed by applicable City departments and agencies and their comments have been incorporated into the Tentative Tract Map and Site Development Review/Density Bonus. The proposed project is consistent with the Dublin General Plan and Eastern Dublin Specific Plan, and Planned Development District and Land Use and Development Plan/District Planned Development Plan (LUDP/DPDP) and represents an appropriate project for the site. RECOMMENDATION: Staff recommends the Planning Commission hear Staffs presentation, open the Public Hearing, deliberate, and adopt the following resolutions: 1. Adopt Resolution (Attachment 1) approving a Tentative Tract Map 7453. 2. Adopt Resolution (Attachment 2) transferring decision-making authority to the City Council for PA 03-010, Fairway Ranch Affordable Housing Community Site Development Review and Density Bonus. 3. Adopt Resolution (Attachment 3) recommending City Council adoption of four Development Agreements. 17 GENERAL INFORMATION: APPLICANT/ PROPERTY OWNER Dublin Land Holdings, LLC Mr. James Tong 4690 Chabot Drive, Suite 100 Pleasanton, CA 94588 LOCATION: Assessor Parcel Number 985-0027-001 (Between Dublin Boulevard and Central Parkway, East of Keegan Street) EXISTING ZONING: Planned Development GENERAL PLAN DESIGNATION: High Density Residential (25.1+ units/acre) SPECIFIC PLAN DESIGNATION: Eastern Dublin Specific Plan 18 RESOLUTION NO. - 2003 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF DUBLIN ~*~*~*~* APPROVING TENTATIVE TRACT MAP 7453 CONCERNING PA 03-010, FAIRWAY RANCH AFFORDABLE HOUSING COMMUNITY WHEREAS, Dublin Ranch Holdings, LLC has requested approval of Tentative Tract Map 7453 for PA 03-010, Fairway Ranch Affordable Housing Community, on approximately 24.78 gross acres (19.68 net acres) of land located in Dublin Ranch Area B, within the Eastern Dublin Specific Plan, between Dublin Boulevard and Central Parkway, East of Keegan Street (APN 985-0027-001) for the development of 930 residential dwelling units, of which 322 are senior rental units, 304 are multi-family rental units, and 304 are for-sale condominiums; and, WHEREAS, of the 322 senior rental units, 292 units are affordable to very-low, low, and moderate income households; and of the 304 multi-family rental units, 243 units are affordable to very-low, low, and moderate income households; and of the 304 for-sale condominiums, 52 units are affordable to moderate income households; and WHEREAS, of the 292 affordable senior rental units, 64 units are for very-low income households, 97 units are for low income households, and 131 units are for moderate income households; and WHEREAS, of the 243 affordable multi-family rental units, 63 units are for very-low income households, 90 units are for low income households, and 90 units are for moderate income households; and WHEREAS, of the 52 affordable for-sale condominiums, all 52 units are for moderate income households; and WHEREAS, the State of California Subdivision Map Act and the adopted City of Dublin Subdivision Regulations require that no real property may be divided into two or more parcels for purpose of sale, lease or financing, unless a tentative map is acted upon, and a final map is approved consistent with the Subdivision Map Act and City of Dublin Subdivision Regulations; and, WHEREAS, the Applicant/Developer has submitted a complete application for a Tentative Tract Map dated June 9, 2003 and on file in the Community Development Department, Planning Division; and, WHEREAS, .Pursuant to the California F,nvironmental Quality Act, staff has recommended that the Project be found exempt from. CEQA pursuant to Government Code section 65457 for residential projects that are consistent with a specific plan. This recommendation is based on a determination that there are no supplemental impacts that «~ould require preparation of a Supplemental EIR, as fiu-ther documented in the Initial Study prepared by the City, dated ,Tune 2003, and incorporated herein by reference. The Initial Study found that the environmental impacts of the Project were addressed by the Negative Declaration. approved by the City Council in Resolution No. 140-97 for the Planning Development Rezoning for 453 acres of Dublin Ranch which includes the Property and the Project and by the Enviromnental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 9l 103064) which was certified by the Council in Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22, 1994; and WHEREAS, the City of Dublin Planning Commission did hold a public hearing on said application on June 24, 2003; and, -' - ATTACHMENT I WHEREAS, proper notice of said public hearing was given in all respects as required by law; and, WHEREAS, a Staff Report was submitted to the Planning Commission recommending approval of Tentative Tract Map 7453 subject to the conditions prepared by Staff; and, WHEREAS, the Planning Commission did hear and use their independent judgment and considered all said reports, recommendations and testimony hereinabove set forth. WHEREAS, the City of Dublin Planning Commission does hereby find that: Tentative Tract Map 7453 is consistent with the intent of applicable subdivision regulations and related ordinances. 2. The design or improvements of Tentative Tract Map 7453 is consistent with the City's General Plan and Eastern Dublin Specific Plan policies as they apply to the subject property in that it is a subdivision for implementation of a residential community in an area designated for high-density residential development. 3. Tentative Tract Map 7453 is consistent with the Planned Development District and Land Use and Development Plan/District Planned Development Plan approved as PA 96-039 for this project and is therefore consistent with the City of Dublin Zoning Ordinance. 4. The site is located adjacent to major roads on 24.78 gross acres (19.68 net acres) of relatively flat topography and is, therefore, physically suitable for the type and density of development. With the incorporation of mitigation measures from the Final Program EIR and subsequent addenda, the design of the subdivision will not cause environmental damage or substantially injure fish or wildlife or their habitat or cause public health concerns. The design of the subdivision will not conflict with easements, acquired by the public at large, or access through or use of, property within the proposed subdivision. The City Engineer has reviewed the map and title report and has not found any conflicting easements of this nature. NOW, THEREFORE BE IT FURTHER RESOLVED THAT THE City of Dublin Planning Commission hereby conditionally approves the Tentative Tract Map 7453, Exhibit A of Attachment 1, PA 03-010 which will subdivide the property into four parcels with Parcels 1 & 2 for residential purposes, Parcel 3 for residential condominium purposes, Parcel 4 as the remaining parcel, and dedicates the right-of--way for the adjacent portions of Dublin Boulevard, "Y" Street, and Central Parkway, further identified as APN 985-0027-001. This approval shall conform generally to: the Tentative Tract Map 7453 prepared by MacKay & Somps, dated received on June 9, 2003, by the Community Development Department, and consisting of two (2) sheets stamped approved except as specifically modified by the Conditions of Approval contained below. CONDITIONS OF APPROVAL: Unless stated otherwise, all Conditions of Approval shall be complied with prior to the issuance of building permits or establishment of use, and shall be subject to Planning Department review and approval. The following codes represent those departments/agencies responsible for monitoring compliance of the conditions of approval: [PL] Planning, 1B1 Building_1P0] Police, [PW] Public Works [ADM] Administration/City Attorney, fPCS] Parks and Community Services, [F] Alameda County Fire Department, and [DSR] Dublin San Ramon Services District. -2- RESP. WHEN NO CONDITION TEXT ,GENC~ REQUIRED SOURCE Prior to: GEN ERAL CONDITIONS 1. Existing Parcel Conditions of Approval. Applicant shall comply PL Approval of with PA 03-010 for the Tentative Tract Map 7453 prepared by Improvement MacKay &Somps, dated received June 9, 2003, by the Community Plans through Development Department. The Tract Map shall be substantially in completion accordance with Tentative Tract Ma 7453. 2. Ordinances/General Plan Policies. Applicant shall comply with the PL Prior to Subdivision Map Act, City of Dublin Subdivision Ordinance, City of approval of the Dublin Zoning Ordinance, Public Works Policies and City Grading Tract Map and Ordinance, City of Dublin General Plan, and the Eastern Dublin On-going S ecific Plan. 3. Hold Harmless/Indemnification. Applicant/Developer shall PL, Prior to defend, indemnify, and hold harmless the City of Dublin and its ADM approval of the agents, officers, and employees and others providing information to Tract Map and the City and its Staff from any claim, action, or proceeding against On-going the City of Dublin or its agents, officers, or employees and others providing information to the City and its Staff, to attack, set aside, void, or annul an approval of the City of Dublin or its advisory agency, appeal board, Planning Commission, City Council, Director of Community Development, Planning Manager, Zoning Administrator, or any other department, committee, or agency of the City to the extent such actions are brought within the time period required by Government Code Section 66499.37 or other applicable law; provided, however, that the Applicant/Developer's duty to so defend, indemnify, and hold harmless shall be subject to the City's promptly notifying the Applicant/Developer of any said claim, action, or proceeding and the City's full cooperation in the defense of such actions or roceedin s. 4. Standard Public Works Conditions of Approval: Developer shall PW Final Map comply with all applicable City of Dublin Standard Public Works Improvement Conditions of Approval (Attachment A). Plans 5. Clarifications and Changes to the Conditions: In the event that PW, PL As needed there needs to be clarification to these Conditions of Approval, the Director of Community Development and the City Engineer have the authority to clarify the intent of these Conditions of Approval to the Developer without Planning Commission approval provided such clarification is in writing and signed by both the Director of Community Development and the City Engineer. The Director of Community Development and the City Engineer also have the authority to make minor modifications to these conditions without Planning Commission approval provided such modifications are in writing and signed by both the Director of Community Development and the City Engineer in order for the Developer to fulfill needed im rovements or miti ations resultin from im acts to this ro'ect. 6. Final Map: The Final Map shall be substantially in accordance with PW Final Map the Tentative Map for Tract 7453 prepared by MacKay and Somps and approved with this application, unless otherwise modified by these conditions. -3- RESP. WHEN NO CONDITION TEXT ,GENC~ REQUIRED SOURCE Prior tq: 7. Street Lighting Maintenance Assessment District: The Developer PW Final Map shall request the area within Parcels 1, 2 and 3 be annexed into the Street Lighting Maintenance Assessment District and shall provide any exhibits required for the annexation. Annexation shall be com leted rior to sale of an of the condominium units. 8. US Army Corps of Engineers Permit: Developer shall comply with PW Grading and all requirements of the US Army Corps of Engineers 404 Permit Improvement issued for Dublin Ranch in a timeline consistent with the ermit. Plans 9. Water Supply: Prior to recordation of any final map, a sufficient PW, PL Final Map water supply shall be available. This shall be demonstrated by a written verification or otherwise pursuant to Government Code Section 66473.7. If not requested by the City, the developer shall request that DSRSD prepare a written verification that a sufficient water su 1 is available to serve the subdivision. DEDICATIONS 10. Rights of Ways: Developer shall offer for dedication to the City of PW Final Map Dublin the full rights of way for Dublin Boulevard, Central Parkway, and "Y" Street as shown on the Tentative Map, including additional Keegan Street rights of way or easements for traffic signals and pedestrian access at the two entrances, to the satisfaction of the City En ineer. 11. Central Parkway Off-Site Right of Way: The Developer shall PW Final Map dedicate to the City of Dublin by separate instrument the off-site ri ht-of-wa for Central Parkwa , as shown on the Tentative Ma . 12. Central Parkway Alignment: The precise alignment of Central PW Final Map Parkway may change from that shown on the Tentative Map. If the and City adopts a new alignment prior to the recording of the Final Map, Improvement the Developer will provide dedications and improvements in Plans accordance with the new alignment. In no case will the new alignment require any land to be taken from Parcel 1 as shown on the Tentative Map. This condition shall not delay the processing and a royals of the lans and Final Ma for the ro'ect. 13. Maguire Way and Finnian Way Easements: Developer shall PW Final Map dedicate reciprocal access, parking, and emergency vehicle access easements over Maguire Way in favor of Parcels 2 and 3 and over Finnian Way in favor of Parcels 1 and 2. Additional easements shall be rovided as re uired b the Ci En ineer. ROADWAY IMPROVEMENTS 14. Dublin Boulevard: Developer shall construct street improvements PW Final Map SDR including frontage curb & gutter, sidewalk, median curbs, pavement, TM drainage, sanitary sewer, water, utilities, traffic signage & pavement markings, and street lighting on Dublin Boulevard as shown on the Tentative Map and to the satisfaction of the City Engineer. Full improvements shall be provided on the north side and partial im rovements (travel lanes and shoulder) on the south side. -4- ItESP. WHEN NO CONDITION TEXT ,GENC~ REQUIRED SOURCE Prior to: 15. Central Parkway: Developer shall construct street improvements PW Final Map SDR on Central Parkway as shown on the Tentative Map to the TM satisfaction of the City Engineer. The improvements to include curb & gutter, sidewalk, median curbs, pavement, drainage, sanitary sewer, water, utilities, traffic signage & pavement markings, and street lighting. Full improvements shall be provided on the south side and partial improvements (travel lane and interim shoulder) on the north side. 16. °~Y" Street: Developer shall construct street improvements on "Y" PW Final Map SDR Street between Dublin Boulevard and Central Parkway as shown on TM the Tentative Map to the satisfaction of the City Engineer. The improvements to include curb & gutter, sidewalk (west side only), pavement, drainage, sanitary sewer, water, utilities, traffic signage & avement markin s, and street li htin . 17. Keegan Street: Applicant shall complete and modify street PW Final Map SDR improvements including median, sidewalk, street lighting, and TM landscaping on Keegan Street between Dublin Boulevard and Central Parkway as shown on the tentative map and to the satisfaction of the Ci En ineer. 18. Finnian Way: Developer shall construct street improvements PW Issuance of SDR including curb & gutter, sidewalks, pavement, drainage, sanitary first building TM sewer, water, and utilities on Finnian Way between Keegan Street permit and "Y" Street as shown on the Tentative Map and to the satisfaction of the City Engineer. The width the entrance driveway from Keegan Street shall be reduced to the satisfaction of the Cit En ineer. 19. Maguire Way: Developer shall construct street improvements PW Issuance of SDR including curb & gutter, sidewalks, pavement, drainage, sanitary first building TM sewer, water, and utilities on Maguire Way between Keegan Street permit and "Y" Street as shown on the Tentative Map and to the satisfaction of the Ci En ineer. 20. Traffic Signals: Developer shall install traffic signals at the PW Final Map SDR intersections of Keegan Street/ Maguire Way, Keegan Street/Finnian TM Way, Dublin Boulevard/ Keegan Street, and Central Parkway/ Keegan Street. The Developer shall install all conduits at the intersections of Dublin Boulevard/ "Y" Street and Central Parkway /"Y" Street for the future traffic signals located at these intersections. Interim two way STOP signs shall be installed at the intersections of "Y" Street with Dublin Boulevard and with Central Parkwa 21. "Y" Street Traffic Signals :Developer shall enter into a Deferred PW First Final SDR Improvement Agreement with the City to pay 50% of the cost for Map TM design and installation of the future traffic signals at the Dublin Boulevard/ "Y" Street and the Central Parkway/ "Y" Street intersections. The Deferred Improvement Agreement will not require bondin . -5- RESP. WHEN. NO CONDITION TEXT ,GENC7 REQUIRED SOURCE Prior to: 22. Onsite Traffic Control: Developer shall provide all on site signs PW Improvement and pavement markings to control on site traffic. STOP signs shall be Plans installed on Maguire Way and Finnian Way at the exits to "Y" Street. Additional STOP or YIELD signs may be required at the driveway intersections with Maguire Way and Finnian Way. Developer shall submit a traffic signage and pavement marking plan for review and a royal of the Ci En ineer. 23. On Street Parking Restrictions: Developer shall designate no PW Improvement parking areas along Dublin Boulevard, along Keegan Street, Central Plans Parkway and "Y" Street as shown on the Tentative Map, within 30 feet of any public street intersections, and as directed by the City En ineer. 24. Intersection of Dougherty Road & Dublin Blvd. PW When In the event that the City does not have sufficient Category 2 Eastern requested by Dublin Traffic Impact Fee (TIF) funds available, Developer shall the City advance the City monies for the costs of design, right-of--way acquisition and construction of the City Capital Improvement Project at the Dublin Boulevard / Dougherty Road intersection. The amount of money to be advanced will be determined by the City Engineer based on the Project's fair share of the deficiency. Such payment is to be made within 30 days of written notice from the City Engineer. City shall provide a credit to the Developer for Category 2 TIF for any monies advanced pursuant to this condition. The City's Administration Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99) shall overn all as ects of the credit. STORM DRAINAGE 25. Storm Drain Improvements: Developer shall construct all on site PW Improvement SDR storm drain improvements needed to serve Parcels 1,2 & 3 and within Plans TM the fronting streets. The storm drain lines shall be sized in conformance with the Dublin Ranch Drainage Master Plan prepared by Mackay and Somps. The Developer shall update the Drainage Master Plan for the drainage improvements in "Y" Street and the drainage crossings of Central Parkway including the crossing of the "clean water" creek. The drainage improvements constructed in Central Parkway and "Y" Street shall be in accordance with the updated Drainage Master Plan. 26. Downstream Storm Drain Improvements: Developer shall install PW Grading and SDR drainage improvements or ditches downstream of the interim "Y" Improvement TM Street pipe outlet at Dublin Boulevard to prevent standing water in Plans the pipe. This may be accomplished by an interim ditch along the south side of Dublin Boulevard to the existing pond and pump at the Dublin Boulevard/ Keegan Street intersection if the G3 box culvert Phase 1 (along I580 to Keegan Street) is not completed. If Phase 1 of the G3 box culvert is completed (or under construction) the drainage from the "Y" Street line must flow by gravity across Area H to the G-3 box culvert improvements to the satisfaction of the City En ineer. -6- RESP. WHEN NO CONDITION TEXT ,GENC~ REQUIRED SOURCE Prior to: 27. Interim Storm Drain Diversion: The final grading plan for the area PW Grading SDR at the end of Central Parkway shall be designed to improve the flow Plans TM through the new swale and the swale shall be designed to prevent erosion to the satisfaction of the City Engineer. The grading and drainage improvements shall be constructed to allow the channeled drainage to be connected to the "Y" Street storm drain line if requested by the City due to development or road extensions east of "Y" Street. Hydraulic calculations shall be provided to confirm that the "Y" Street storm drain has adequate capacity to accept the interim flows. In the event that flows cannot be contained in the Y" Street storm drain, the Developer shall construct a temporary storm drain connection from the drainage swale to the Central Parkway storm drain line that connects to the Keegan Street storm drain line or provide other systems approved by the City En ineer. 28. Parking Lot Drainage: The surface parking lot on the north side of PW Improvement SDR Building A-4 and the east side of Building A-5 on Parcel 1 shall and TM drain to a bio-swale as shown on the Tentative Map. The Landscape landscaping and drainage improvements in the bio-swale shall be Plans a ro riate for water uali treatment. 29. Roof Drains: Drainage from roof leaders shall drain across bio- PW Improvement SDR swales or into bio-filters prior to entering the storm drain system. and TM The landscaping and drainage improvements in the bio-swale and Landscape bio-filters shall be appropriate for water quality treatment. The City Plans Engineer may exempt specific roof leaders from this requirement if space limitations prevent adequate water treatment without creating hazards, nuisance or structural concerns. UTI LITIES 30. Sanitary Sewer and Water: Developer shall construct all potable DSRSD, Improvement DSRSD and recycled water and wastewater pipelines and facilities in PW Plans accordance with all DSRSD master plans, standards, specifications and re uirements. 31. Public Utilities: Developer shall construct all water, reclaimed PW, Improvement SDR water, gas, electric, cable TV, communication, sanitary sewer and DSRSD Plans TM storm drainage improvements within the fronting streets and as necessary to serve Parcels 1, 2, & 3 shown on the Tentative Map and the future adjacent parcels as approved by the City Engineer and the various Public Utili a encies. 32. Public Street Lights: Developer shall install streetlights in Dublin PW Improvement SDR Boulevard, Central Parkway, "Y" Street, and Keegan Street to the Plans TM satisfaction of the City Engineer. Standard cobra head streetlights shall be provided in the Dublin Boulevard and Central Parkway medians. The streetlights approved for Dublin Ranch shall be used for the Kee an Street and "Y" Street. 33. Wash Area: There shall be a wash area for the trash dumpsters that PW, PL Building drains to the sanitary sewer system. The wash area must be covered Permit if it is outside the buildin or as a roved b DSRSD. -7- RESP. WHEN NO CONDITION TEXT ,GENC7 REQUIRED SOURCE Prior to: LAN DSCAPING 34. Dublin Boulevard/ Central Parkway Median Landscaping: PW, PL First Phase SDR Developer shall install landscaping in the median islands on Dublin of TM Boulevard and Central Parkway. Landscaping improvements shall be Development to the satisfaction of the City Engineer and the Director of Community Development. A separate irrigation system, meter, and electrical power supply shall be provided for future maintenance by the Ci 35. Dublin Boulevard/ Central Parkway/ Keegan Street/ "Y" Street PW, PL With SDR Frontage Landscaping: Developer shall install landscaping in the Adjacent TM public right-of--way along the Dublin Boulevard, Central Parkway, Development Kee an Street, and "Y" Street fronta es. OTH ER 36. Tentative Map Approval: Tentative Map approval shall not be ADM, effective until the City Council approves the related CEQA PL determination, Site Development Review, and Density Bonus at resent scheduled for ci Council review on Jul 1, 2003. PASSED, APPROVED, AND ADOPTED this 24`" day of June 2003. AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor -8- Attachment A CITY OF DUBLIN PUBLIC WORKS STANDARD CONDITIONS OF APPROVAL GENERAL: The Developer shall comply with the Subdivision Map Act, the City of Dublin Subdivision, Zoning, and Grading Ordinances, the City of Dublin Public Works Standards and Policies, and all building and fire codes and ordinances in effect at the time of building permit. 2. The Developer shall defend, indemnify, and hold harmless the City of Dublin and its agents, officers, and employees from any claim, action, or proceeding against the City of Dublin or its agents, officers, or employees to attack, set aside, void, or annul an approval of the City of Dublin or its advisory agency, appeal board, Planning Commission, City Council, Community Development Director, Zoning Administrator, or any other department, committee, or agency of the City to the extent such actions are brought within the time period required by Government Code Section 66499.37 or other applicable law; provided, however, that The Developer's duty to so defend, indemnify, and hold harmless shall be subject to the City's promptly notifying The Developer of any said claim, action, or proceeding and the City's full cooperation in the defense of such actions or proceedings. 3. All improvements within the public right-of-way, including curb, gutter, sidewalks, driveways, paving, and utilities, must be constructed prior to occupancy. 4. Any water well, cathodic protection well, or exploratory boring on the project property must be properly abandoned, backfilled, or maintained in accordance with applicable groundwater protection ordinances. For additional information contact Alameda County Flood Control, Zone 7. 5. The Developer shall request all properties within the Final Map area be annexed into the Street Lighting Maintenance Assessment District and shall provide any exhibits required for the annexation. AGREEMENT AND BONDS: 6. The Developer shall enter into a Tract Improvement Agreement with the City for all tract improvements. 7. Improvement plans shall be approved by the City Engineer and other affected agencies having jurisdiction over public improvements, prior to execution of the Tract Improvement Agreement and approval of the Final Map. May 23, 2003 Page 1 of 9 8. The Developer shall provide performance (100%), and labor & material (100%) securities to guarantee the tract improvements, approved by the City Engineer, prior to execution of the Tract Improvement Agreement and approval of the Final Map. 9. Prior to acceptance of the improvements and the release of securities by the City the following shall be submitted to the Public Works Department: a) Signed mylars of the "Record Drawings" of the civil plans for the tract improvements and grading prepared by a registered Civil Engineer, b) A mylar copy of the recorded Final Map, c) Signed mylars of the "Record Drawings" of the landscape plans, prepared by the project Landscape Architect, d) A declaration by the Project Landscape Architect that all work is completed and was done under his supervision and in accordance with the recommendations contained in the landscape plans, e) A declaration by the Project Civil Engineer and Project Geologist that all work was done in accordance with the recommendations contained in the soil and geologic investigation reports and the approved plans and specifications, f) A complete record of all field density tests, including location and elevation, and a summary of all field and laboratory tests. g) AutoCAD electronic drawing files, if available, tied to the City's mapping coordinates, h) Verification that there are no liens on file against the Developer on this project 10. Upon acceptance of the improvements, the performance security may be replaced with a maintenance bond that is 25% of the value of the performance security. The maintenance bond is released one year after acceptance of the project and after the repair of deficiencies, if any, are completed. 11. If grading is commenced prior to filing the Final Map, a surety or guarantee shall be provided to the City of Dublin for the amount (approved by the City Engineer) to restore the site to a stable and erosion resistant state if the project is terminated prematurely. 12. Maintenance of common areas, including landscaping and erosion control improvements, shall be the responsibility of the Developer during construction until improvements are accepted by the City Council and the securities are released (one year after improvements are accepted). Thereafter, maintenance of private common areas shall be the responsibility of a homeowners' association or individual property owners, in accordance with the project CC&Rs. FEES: 13. The Developer shall pay all applicable fees in effect at the time of building permit issuance including, but not limited to, Planning fees, Building fees, Dublin San Ramon Services District fees, Public Facilities fees, Dublin Unified School District School Impact fees, Public Works Traffic Impact fees, Alameda County Fire Services fees; Noise Mitigation fees, Inclusionary Housing In-Lieu fees; Alameda County Flood and Water Conservation District (Zone 7) Drainage and Water Connection fees; and any other fees as noted in the Development Agreement. May 23, 2003 Page 2 of 9 14. Parkland shall be dedicated and / or in-lieu fee paid, prior to approval of the Final Map or issuance of building permits, whichever occurs first, in accordance with the City's Subdivision Ordinance. PERMITS: 15. An encroachment permit from the Public Works Department is required for any work done within the public right-of-way that is not covered under an Improvement Agreement. 16. Developer shall obtain all permits required by other agencies including, but not limited to Alameda County Flood Control and Water Conservation District Zone 7, California Department of Fish and Game, Army Corps of Engineers, Regional Water Quality Control Board, Caltrans and provide copies of the permits to the Public Works Department. SUBMITTALS 17. All submittals of plans and Final Maps shall comply with the requirements of the "City of Dublin Public Works Department Improvement Plan Submittal Requirements", and the "City of Dublin Improvement Plan Review Check List". 18. The Developer will be responsible for submittals and reviews to obtain the approvals of all participating non-City agencies. The Alameda County Fire Department and the Dublin San Ramon Services District shall approve and sign the Improvement Plans. 19. Developer shall submit a Geotechnical Report, which includes street pavement sections and grading recommendations. 20. Developer shall provide the Public Works Department a digital vectorized file of the "master" files for the project when the Final Map has been approved. Digital raster copies are not acceptable. The digital vectorized files shall be in AutoCAD 14 or higher drawing format. Drawing units shall be decimal with the precision of the Final Map. All objects and entities in layers shall be colored by layer and named in English. All submitted drawings shall use the Global Coordinate System of USA, California, NAD 83 California State Plane, Zone III, and U.S. foot. FINAL MAP: 21. All rights-of-way and easement dedications required by the Tentative Map including the Public Service Easement shall be shown on the Final Map. 22. Street names shall be processed for approval through the Planning Department. The approved street names shall be indicated on the Final Map. 23. Prior to the filing of the Final Map, the Developer shall furnish the City Engineer with a letter from Dublin San Ramon Services District (DSRSD) stating that the District has agreed to furnish water and sewer service to each of the dwelling units and/or lot included on the Final Map. May 23, 2003 Page 3 of 9 EASEMENTS: 24. The Developer shall grant to the City of Dublin easements for traffic signal detectors, boxes conduit, etc. at all private streets and driveways entrances that will be signalized. 25. The Developer shall obtain abandonment from all applicable public agencies of existing easements and right of ways that will no longer be used. 26. The Developer shall acquire easements, and/or obtain rights-of-entry from the adjacent property owners for any improvements on their property. The easements and/or rights-of- entry shall be in writing and copies furnished to the City Engineer. 27. All public sidewalks must be within City right-of-way or in a pedestrian easement except as specifically approved by the City Engineer. GRADING PLANS: 28. The Grading Plan shall be in conformance with the recommendations of the Geotechnical Report, the approved Tentative Map, and the City design standards & ordinances. In case of conflict between the soil engineer's recommendations and City ordinances, the City Engineer shall determine which shall apply. 29. A detailed Erosion Control Plan shall be included with the Grading Plan approval. The plan shall include detailed design, location, and maintenance criteria of all erosion and sedimentation control measures. 30. The grading shall be designed for each lot to drain to an approved drainage system without draining onto adjoining properties. 31. A building permit is required for retaining walls over three feet in height (or over two feet in height with a surcharge). These walls shall be designed by a registered civil or structural engineer. 32. The Developer's soils engineer shall prepare a preliminary structural design for the streets pavement sections. The Developer's soils engineer shall pertormed R-value tests on the graded roadway subgrade and prepare the final structural design for the pavement section for the City Engineer approval. In lieu of these soil tests, the street may be designed and constructed based on an R-value of 5. IMPROVEMENTS 33. The public improvements shall be constructed generally as shown on the Tentative Map. However, the approval of the Tentative Map is not an approval of the specific design of the drainage, sanitary sewer, water, traffic circulation, and street improvements. 34. All public improvements shall conform to the City of Dublin Standard Plans and design requirements and as approved by the City Engineer. May 23, 2003 Page 4 of 9 35. Fire hydrants locations shall be approved by the Alameda County Fire Department. A raised reflector blue traffic marker shall be epoxy to the center of the paved street opposite each hydrant. 36. Street light standards and luminaries shall be designed and installed per approval of the City Engineer. The maximum voltage drop for streetlights is 5%. 37. All new traffic signals shall be interconnected with other new signals within the development and to the existing City traffic signal system by hard wire. 38. Two empty 3" conduits with pull ropes, to accommodate future extension of the traffic interconnect system and for School District uses, shall be installed along any project arterial street frontage. The extent of this work to be determined by the City Engineer. 39. The Developer shall construct bus stops and shelters at the locations designated and approved by the Ir4VTA and the City Engineer. The Developer shall pay the cost of procuring and installing these improvements. 40. The Developer shall furnish and install street name signs and traffic signs. 41. Permanent benchmarks shall be established with the project. The location, number and description shall be in a form acceptable to the City Engineer. 42. Street trees, of at least a 15-gallon size, shall be planted along the street frontages. The varieties and locations of the trees to be approved by the Community Development Director and City Engineer. 43. Any decorative pavement installed within City right-of-way requires approval of the City Engineer. Where decorative paving is installed in public streets, pre-formed traffic signal loops and sleeves to accommodate future utilities shall put under the decorative pavement. Maintenance costs of the decorative paving shall be included in a landscape and lighting maintenance assessment district or other funding mechanism acceptable to the City Engineer. 44. Roof drainage shall drain across bio-swales or into bio-filters prior to entering the storm drain system. The landscaping and drainage improvements in the bio-swale and bio-filters shall be appropriate for water quality treatment. The City Engineer may exempt specific roof leaders from this requirement if space limitations prevent adequate water treatment without creating hazards, nuisance or structural concerns. Concentrated flows will not be allowed to drain across public sidewalks. 45. Curb drains shall be installed on both sides of driveway approaches. 46. All electrical, gas, telephone, and Cable TV utilities, shall be underground in accordance with the City policies and ordinances. All utilities shall be located and provided within public utility easements and sized to meet utility company standards. May 23, 2003 Page 5 of 9 47. All utility vaults, boxes and structures shall be underground and placed in landscape areas and screened from public view. All utility vaults, boxes and structures shall be shown on landscape plans and approved by the City Engineer and Community Development Director prior to construction. 48. Any relocation of improvements or public facilities shall be accomplished by the Developer and at no expense to the City. DUBLIN SAN RAMON SERVICE DISTRICT: 49. Improvement plans for DSRSD facilities shall be submitted to DSRSD that conform to the requirements of the DSRSD Code, the DSRSD "Standard Procedures, Specifications and Drawings for Design and Installation of Water and Wastewater Facilities." all applicable DSRSD Master Plans and all DSRSD policies. 50. All mains shall be sized to provide sufficient capacity to each development project's demand. Layout and sizing of mains shall be in conformance with DSRSD utility master planning. 51. Sewers shall be designed to operate by gravity flow to DSRSD's existing sanitary sewer system. Pumping of sewage is discouraged and may only be allowed under extreme circumstances following acase-by-case review with DSRSD staff. Any pumping station will require specific review and approval by DSRSD of preliminary design reports, design criteria and final plans and specification. DSRSD reserves the right to require payment of present worth 20-year maintenance costs as well as other condition within a separate agreement with the applicant for any project that requires a pumping station. 52. Domestic and fire protection waterline systems for Tracts or Commercial Developments shall be designed to be looped or interconnected to avoid dead end sections in accordance with requirements of the DSRSD Standard Specifications and sound engineering practice. 53. DSRSD policy requires public water and sewer lines to be located in public streets rather than in off-street locations to the fullest extent possible. If unavoidable, then public sewer or water easements must be established over the alignment of each public sewer or water line in an off-street or private street location to provide access for future maintenance and/or replacement. 54. The locations and widths of all proposed easement dedications for water and sewer lines shall be approved by DSRSD prior to the City issuance of a grading or site development permit. 55. All easement dedications for DSRSD facilities shall be by separate instrument irrevocably offered to DSRSD or by offer of dedication on the Final Map. 56. The Final Map shall be approved by DSRSD for easement locations, widths and restrictions prior to City approval. May 23, 2003 Page 6 of 9 57. All utility connections fees, plan check fees, inspection fees, permit fees and fees associated with a wastewater discharge permit shall be paid to DSRSD in accordance with the rates and scheduled established in the DSRSD Code prior to the City issuance of a building permit. 58. All improvement plans for DSRSD facilities shall be signed by the District Engineer. Each set of improvement plans shall contain a signature block for the District Engineer indicating approval of the sanitary sewer or water facilities shown. Prior to the approval by the District Engineer, the applicant shall pay all required DSRSD fees, provide an engineer's estimate of construction costs for water and sewer systems, a performance bond, cone-year maintenance bond, and a comprehensive general liability insurance policy in the amounts and forms that are acceptable to DSRSD. The applicant shall allow at least 15 working days for final improvement drawing review by DSRSD before signature by the District Engineer. The City will not issue a building permit without DSRSD signed plans. 59. A construction permit must be issued by DSRSD prior to the start of any sewer or waterline construction. A construction permit will only be issued after all of the items in these DSRSD conditions have been satisfied. 60. Improvement Plans shall include recycle water improvements as required by DSRSD. Services for landscaping irrigation shall connect to recycle water mains. Developer must conform to the requirements in the DSRSD Recycled Water Use Guidelines. GRADING: 61. Prior to issuance of the grading permit, trees that are to be saved shall be tagged in the field. After the staking of the daylight lines but prior to the start of grading, protective fencing shall be installed around the trees. 62. The Erosion Control Plan shall be implemented between October 15th and April 15th unless otherwise allowed in writing by the City Engineer. The Developer will be responsible for maintaining erosion and sediment control measures for one year following the City's acceptance of the subdivision improvements. 63. Grading shall be in compliance with the Grading Plans and recommendations of the project Geotechnical Engineer. Grading shall be done under the supervision of the project Geotechnical Engineer, who shall submit a declaration to the City Engineer, upon completion, that all work was done in accordance with the recommendations contained in the Geotechnical Report and the approved plans. 64. Where soil or geologic conditions encountered in grading operations are different from that anticipated in the Geotechnical Report, or where such conditions warrant changes to the recommendations contained in the original soil investigation, a revised soil or geologic report shall be submitted for approved by the City Engineer. It shall be accompanied by an engineering and geological opinion as to the safety of the site from hazards of land slippage, erosion, settlement, and seismic activity. May 23, 2003 Page 7 of 9 65. The project civil engineer shall verify that the finished graded building pads are within ± 0.1 feet in elevation of those shown on approved plans. 66. A 6" minimum diameter subdrain shall be installed in all swales that are to be filled. All subdrains shall tie into storm drain catch basins or manholes at the downstream end of the subdrain. There shall be a clean out at the upper end of all subdrains. CONSTRUCTION: 67. If archaeological materials are encountered during construction, construction within 100 feet of these materials shall be halted until a professional Archaeologist who is certified by the Society of California Archaeology (SCA) or the Society of Professional Archaeology (SOPA) has had an opportunity to evaluate the significance of the find and suggest appropriate mitigation measures. 68. The Developer is responsible for the construction site and construction safety. 69. Construction activities, including the maintenance and warming of equipment, shall be limited to Monday through Friday, and non-City holidays, between the hours of 7:30 a.m. and 5:30 p.m. except as otherwise approved by the City Engineer. 70. Developer shall prepare a Construction Noise Management Plan, to be approved by the City Engineer and Community Development Director, that identifies measures to be taken to minimize construction noise on surrounding developed properties. The Plan shall include hours of construction operation, use of mufflers on construction equipment, speed limit for construction traffic, haul routes and identify a noise monitor. Specific noise management measures shall be included in the project plans and specifications. 71. Developer shall prepare a plan for construction traffic interface with public traffic on any existing public street. Construction traffic and parking may be subject to specific requirements by the City Engineer. 72. The Developer shall be responsible for controlling any rodent, mosquito, or other pest problem due to construction activities. 73. The Developer shall be responsible for watering or other dust-palliative measures to control dust as conditions warrant or as directed by the City Engineer. 74. The Developer shall repair all existing street, curb, gutter & sidewalk, pavement and other public improvements damaged as a result of construction activities to the satisfaction of the City Engineer. 75. All underground improvements shall be installed, with services stubbed to property lines, prior to final subgrade preparation and placement of base materials. The underground improvements shall be installed in a manner that allows future service connections and extensions to be made without disturbing the street improvements. May 23, 2003 Page 8 of 9 NPDES: 76. Prior to any clearing or grading, the Developer shall provide the City evidence that a Notice of Intent (NOI) has been sent to the California State Water Resources Control Board per the requirements of the NPDES. A copy of the Storm Water Pollution Prevention Plan (SWPPP) shall be provided to the Public Works Department and be kept at the construction site. 77. The Storm Water Pollution Prevention Program (SWPPP) for the operation and maintenance of the project shall identify the Best Management Practices (BMPs) appropriate to the project construction activities. The SWPPP shall include the erosion control measures in accordance with the regulations outlined in the most current version of the ABAG Erosion and Sediment Control Handbook or State Construction Best Management Practices Handbook. 78. The Developer is responsible for ensuring that all contractors implement all storm water pollution prevention measures in the SWPPP. May 23, 2003 Page 9 of 9 ~ •~ ~ ~ do ego y~ M _ ~ ~~ ~ ~~ o o ~ ~ ~ ~~ U ~ U v ~ .. ,~ ° ~ ~. N y _ A ~, ~i •~. y ~ U A ~o ~ oy ~ ~ E~ ~ EE6 t ~OE 'J3O vsssvz-Ee sjla3s ~NI 7SdW~fO~-'IyAOb ~0 SGNtfI _~ s ~, -- -, --. 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and, WHEREAS, of the 322 senior rental units, 292 units are affordable to very-low, low, and moderate income households; and of the 304 multi-family rental units, 243 units are affordable to very-low, low, and moderate income households; and of the 304 for-sale condominiums, 52 units are affordable to moderate income households; and WHEREAS, of the 292 affordable senior rental units, 64 units are for very-low income households, 97 units are for low income households, and 131 units are for moderate income households; and WHEREAS, of the 243 affordable multi-family rental units, 63 units are for very-low income households, 90 units are for low income households, and 90 units are for moderate income households; and WHEREAS, of the 52 affordable for-sale condominiums, all 52 units are for moderate income households; and WHEREAS, the Applicant/Developer has submitted a complete application for a Site Development Review and a Density Bonus dated June 9, 2003 and on file in the Community Development Department, Planning Division; and, WHEREAS, to comply with the City of Dublin Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68), 93 affordable units are required to be affordable for 55 years as follows: for the multi-family rental portion, 31 units; for the senior portion, 32 units; and for the condominium portion, 30 units; and, the affordable units within each portion are to be allocated as follows: 50% of which would be moderate-income units, 30% of which would be very-low income units and 20% of which would be low income units; and WHEREAS, the Applicant/Developer proposes to provide an additional 332 units to remain affordable for a period of 55 years in order to obtain affordable housing credits pursuant to Dublin Municipal Code (DMC) Chapter 8.68.060 and seeks Council approval to use such credits to satisfy the Inclusionary Zoning requirements for 2,655 future residential units within Dublin Ranch notwithstanding the fact that the units for which the Applicant/Developer would receive such credits are generally smaller in size than the affordable units which would be required for the 2,655 future residential units in Dublin Ranch and do not meet the allocation of affordable units between moderate, low and very-low income households contained in DMC Chapter 8.68.060; and WHEREAS, the Applicant/Developer proposes to provide an additional 162 units affordable for a period of 55 years for which the ApplicantlDeveloper would not receive credits under DMC Chapter 8.68.060 but for which the City Council would provide certain benefits, including the concentration of affordable units on the project site, reduced bedroom sizes for the affordable units, different affordable mix between very-low, low and ATTRCHMENTa, moderate, a loan in the amount of $4.5 million (split between the multi-family and senior phases), and a waiver of possible commercial linkage fees; and WHEREAS, the Applicant/Developer also proposes a Density Bonus of 186 units pursuant to DMC Chapter 8.52 and proposes that 68 density bonus units will be located in the senior portion, 59 density bonus units in the multi-family portion, and 59 density bonus units in the for-sale condominium portion, thereby increasing the total density on the site from 744 units, which is the maximum permitted density pursuant to PA 96-039, Dublin Ranch Areas B-E Planned Development District and Land Use and Development Plan/District Planned Development Plan, to 930 units; and WHEREAS, the Applicant/Developer has requested the following concessions under the Density Bonus ordinance (DMC Chapter 8.52), mixed use zoning for 5,000 square feet of retail, and expedited processing; and WHEREAS, to be entitled to a Density Bonus and two concessions pursuant to DMC Chapter 8.52 and state law (Government Code Section 65915), the Applicant/Developer has to agree to construct at least 20% (149) of the units far low income households and 10% (74) of the units for very low income households, for a total of 223 low and very low income units, and such units must be affordable for 30 years at rents of 30% of 60% of area median income for low income units and 30% of 50% of area median income for very-low income units; and WHEREAS, the Applicant/Developer has requested the Council to count the affordable units required by the Inclusionary Zoning Ordinance and the 332 units for which the Applicant/Developer is requesting credits to qualify for a density bonus; and WHEREAS, Pursuant to the California Environmental Quality Act, staff has recommended that the Project be found exempt from CEQA pursuant to Government Code section 65457 for residential projects that are consistent. with a specific plan. This recommendation is based on a determination that. there are no supplemental impacts that would require preparation of a Supplemental E1R, as further documented in the Initial Study prepared by the City, dated .lone 2003, and incorporated herein by reference. The Initial Study found that the environmental impacts of the Project were addressed by the Negative Declaration approved by the City Council in Resolution No. 140-97 for the Planning Development Rezoning fir 453 acres of Dublin Kanch which includes the Property and the Project and by the Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council in Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22; 1994; and WHEREAS, the City of Dublin Zoning Ordinance, Chapter 8.96.020.C.1-6 allows the Planning Commission to transfer hearing jurisdiction to the City Council at its discretion because of policy implications, unique or unusual circumstances, or the magnitude of the project; and WHEREAS, the Planning Commission is referring the approval, conditional approval, or denial of application PA 03-010, related amendments, and time extensions of permits to the City Council; and and, WHEREAS, the Planning Commission did hold a public hearing on said application on June 24, 2003; WHEREAS, proper notice of said hearing was given in all respects as required by law; and, WHEREAS, a Staff Report was submitted to the Planning Commission recommending referral of said application to the City Council; and, WHEREAS, the Planning Commission did hear and use their independent judgment and considered all said reports, recommendations and testimony hereinabove set forth. NOW, THEREFORE, BE IT RESOLVED THAT the Dublin Planning Commission does hereby transfer the original hearing jurisdiction for this project to the City Council pursuant to Chapter 8.96.020.C3 of the Zoning Ordinance. PASSED, APPROVED AND ADOPTED this 24'h day of June 2003. AYES: NOES: ABSENT: ABSTAIN: ATTEST: Planning Commission Chairperson Planning Manager RESOLUTION NO. - 2003 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF DUBLIN RECOMMENDING THAT THE CITY COUNCIL ADOPT FOUR DEVELOPMENT AGREEMENTS FOR PA 03-010 FAIRWAY RANCH AFFORDABLE HOUSING COMMUNITY WHEREAS, Dublin Ranch Holdings, LLC has requested approval of four Development Agreements for PA 03-010, Fairway Ranch Affordable Housing Community, on approximately 24.78 gross acres (19.68 net acres) of land located in Dublin Ranch Area B, within the Eastern Dublin Specific Plan, between Dublin Boulevard and Central Parkway, East of Keegan Street (APN 985-0027-001) for the development of 930 residential dwelling units, of which 322 are senior rental units, 304 are multi-family rental units, and 304 are for-sale condominiums; and, WHEREAS, a Development Agreement is required as an implementing measure of the Eastern Dublin Specific Plan; and WHEREAS, Pursuant to the California Environmental Quality Act, staff has recommended that the Project be found exempt from CEQA pursuant to Government Code section 65457 for residential projects that are consistent with a specific plan. This recommendation is based on a determination that there are no supplemental impacts that would require preparation of a Supplemental EIK, as further documented in the Initial Study prepared by the City, dated June 2003, and incorporated herein by reference. The Initial Study found that the environmental impacts of the Project were addressed by the Negative Declaration approved by the City Council in Resolution No. 140-97 for fhe Planning Development Rezoning for 453 acres of Dublin Ranch which includes the Property and the Project and by the Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council in Resolution No. 51-93 and the Addenda. dated May 4, 1993 acid August 22, 1994; and, WHEREAS, a Draft Development Agreement is attached to this resolution as Exhibit A and covers three parcels of land and includes provisions related to phasing, affordable unit credits, and waiver of the commercial linkage fee; and WHEREAS, three additional Draft Development Agreements are attached to this resolution as Exhibits B, C, and D and are specific to the respective phases of the project, the senior phase, the multi-family phase and the condo phase; and and WHEREAS, the Planning Commission did hold a public hearing on said application on June 24, 2003; WHEREAS, proper notice of said public hearing was given in all respects as required by law; and WHEREAS, the Staff Report was submitted recommending that the Planning Commission recommend that the City Council approve the Development Agreements; and WHEREAS, the Planning Commission did hear and use their independent judgment and considered all said reports, recommendations and testimony hereinabove set forth. ~iTCN!~ ENT 3 NOW THEREFORE BE IT RESOLVED THAT THE Dublin Planning Commission does hereby make the following findings and determinations regarding said proposed Development Agreements: Said Agreements are consistent with the objectives, policies, general land uses and programs specified in the Eastern Dublin Specific Plan/General Plan in that, a) the Eastern Dublin Specific Plan/General Plan land use designation for the subject site is Planned Development and that the proposed Fairway Ranch Affordable Housing Community is consistent with that designation; b) the project is consistent with the fiscal policies in relation to provision of infrastructure and public services of the City's Eastern Dublin Specific Plan/General Plan; c) the Agreements set forth the rules the Developer and City will be governed by during the development process which is required by the Eastern Dublin Specific Plan; and the Mitigation Monitoring Program of the Eastern Dublin Specific Plan. 2. Said Agreements are compatible with the uses authorized in, and the regulations prescribed for, the land use district in which the real property is located in that the project approvals include a Tentative Tract Map, Site Development Review and Density Bonus. Said Agreements are in conformity with public convenience, general welfare and good land use practice in that the proposed Fairway Ranch Affordable Housing Community project will implement land use guidelines set forth in the Eastern Dublin Specific Plan/General Plan, as proposed. 4. Said Agreements will not be detrimental to the health, safety and general welfare in that the development will proceed in accordance with the Agreements and any Conditions of Approval for the Project; and Said Agreements will not adversely affect the orderly development of the property or the preservation of property values in that the development will be consistent with the City of Dublin Eastern Dublin Specific Plan/General Plan. NOW, THEREFORE, BE IT FURTHER RESOLVED THAT THE Dublin Planning Commission does hereby recommend that the City Council approve the Development Agreements, in substantially the form attached as Exhibits A, B, C, and D of Attachment 3, between Dublin Ranch Holdings, LLC and the City of Dublin for PA 03-010 Fairway Ranch Affordable Housing Community. PASSED, APPROVED AND ADOPTED this 24`h day of June 2003. AYES: NOES: ABSENT: ABSTAIN: Planning Commission Chairperson ATTEST: Planning Manager Recording requested by and when recorded, return to: City of Dublin 100 Civic Plaza Dublin, CA 94568 Attn: City Clerk Space above this line for Recorder's Use DEVELOPMENT AGREEMENT BETWEEN THE CITY OF DUBLIN AND Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin DUBLIN RANCH FAIRWAY RANCH THIS DEVELOPMENT AGREEMENT (this "Agreement"), dated for reference purposes as of , 2003, is entered into by and between the City of Dublin, a Municipal Corporation ("City"), and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer"}. City and Developer are hereafter collectively referred to as the "Parties." RECITALS A. California Government Code Section 65864 et seq. and Chapter 8.56 of the Dublin Municipal Code (hereafter "Chapter 8.56") authorize the City to enter into an agreement for the development of real property with any person having a legal or equitable interest in such property in order to establish certain development rights in such property. B. Developer holds legal interest in certain real property (the "Property") consisting of approximately 26.3 acres of land, located in the City of Dublin, County of Alameda, which property is designated as Parcels 1, 2 and 3 on Tentative Tract Map No. 7453 and which is more particularly described in Exhibit A attached hereto. C. The Dublin City Council ("City Council") adopted the Eastern Dublin Specific Plan ("Plan") by Resolution No. 53-93 which Plan is applicable to the Property and requires the developer of the Property to enter into a development agreement with City. D. The Developer and City are parties to that certain Master Development Agreement between the City of Dublin and the Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G and H) ("Master Development Agreement"). The Parties intend to enter into an amendment to the Master Development Agreement to establish Developer's compliance with the Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68) as hereinafter set forth. E. Developer proposes to develop the Property in three phases, consisting of a total of [930] housing units. The phases are collectively hereinafter referred to as the "Project". The "Multifamily Component" of the development shall consist of [304] multi-family rental units, of which [243] units shall be affordable units available at affordable rents to households of very low, low and moderate-income pursuant to the City's Inclusionary Zoning Ordinance (Chapter 8.68). The "Senior Housing Component" of the development shall consist of [322] multi-family rental units for seniors, of which [292] units shall be affordable units available at affordable rents to senior households of very low, low, and moderate-income pursuant to the City's Inclusionary Zoning Ordinance (Chapter 8.68). Developer shall retain discretion as to the sequence of construction for the Multifamily Component and the Senior Housing Component. The third phase of the development ("Condominium Component") shall consist Development Agreement Page 1 of 17 Fairway Ranch 628317-11 of [304] condominium units, of which [52] shall be affordable units available at affordable cost to households of moderate-income pursuant to the City's Zoning Ordinance (Chapter 8.68). As more particularly described in the Affordable Housing Regulatory Agreements executed, or to be executed, by and between City and Developer ("Regulatory Agreements"), the Developer and its successors in interest shall be required to maintain the affordability of the affordable units and the availability of such units to households of the specified income levels for not less than 55 years. F. Developer has applied for, and City has approved or is processing, various land use approvals in connection with the development of the Project, including Vesting Tentative Tract Map for Tract 7453 (Planning Commission Resolution No. 03- ), a density bonus of 186 units and site development review City Council Resolution No. (collectively the "Project Approvals"). G. Developer is proposing that the affordable units referred to in Recital E will satisfy the Developer's obligation for compliance with the City's Inclusionary Zoning Regulations (Dublin Municipal Code Chapter 8.68) for the Project and for 2,655 units on the rest of Developer's property through affordable unit credits which can be used on other properties owned by Developer and to otherwise satisfy the requirements of the Inclusionary Zoning Ordinance for this Project. H. Developer anticipates transferring Parcels 1, 2 and 3 of Tract 7453 to different legal entities. Developer and City are entering into separate development agreements for Parcel 1 (Senior Housing Component), Parcel 2 (Multifamily Component) and Parcel 3 (Condominium Component) which agreements include provisions identical to Sections 1 to 24 and 26 to 27 of this agreement and Sections and of Exhibit B (the "Component Development Agreements"). Developer and City anticipate that Developer may assign its rights and obligations under such separate development agreements to the purchasers of Parcels 1, 2 and 3. I. The Component Development Agreements are required by the Master Development Agreement, provided such Component Development Agreements do not impair any of developer's rights under the Master Development Agreement. J. The purpose of this Agreement is to provide for certain phasing of the Project; to establish credits for certain of the affordable units which, upon completion of the Project, will allow development of Developer's remaining property without compliance with the Inclusionary Zoning Ordinance in effect now or hereafter; and to establish a waiver of a potential commercial linkage fee for the benefit of property owned by Developer. Development Agreement Page 2 of 17 Fairway Ranch 628317-11 K. City desires the timely, efficient, orderly and proper development of the Project, and City and Developer desire to facilitate development of the Project in accordance with and subject to the terms and conditions set forth herein. L. The City Council has reviewed and evaluated this Agreement in accordance with Chapter 8.56, and has found that this Agreement is consistent with the City's General Plan and the Eastern Dublin Specific Plan. M. Pursuant to the California Environmental Quality Act (CEQA), the City Council adopted Resolution No. ,finding that the Project is exempt from CEQA pursuant to Government Code §65457. In making such determination and determining that there are no supplemental impacts that would require preparation of a Supplemental EIR, the City prepared an Initial Study which found that the environmental impacts of the Project were addressed by the Negative Declaration approved by the City Council by Resolution No. 140-97 for the Planned Development Rezoning for 453 acres of Dublin Ranch which includes the Property and the Project and the Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council by Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22, 1994 (collectively, the "EIR"). N. On , 2003, the City Council adopted Ordinance No. approving this Agreement. The ordinance took effect on , 2003. NOW, THEREFORE, with reference to the foregoing recitals and inconsideration of the mutual promises, obligations and covenants herein contained, City and Developer agree as follows. Description of Property. The property which is the subject of this Development Agreement is described in Exhibit A attached hereto ("Property"). 2. Interest of Developer. The Developer has a legal or equitable interest in the Property in that it owns the Property in fee simple. 3. Relationship of City and Developer. It is understood that this Agreement is a contract that has been negotiated and voluntarily entered into by City and Developer and that the Developer is not an agent of City. The City and Developer hereby renounce the existence of any form of joint venture or partnership between them, and agree that nothing contained herein or in any document executed in connection herewith shall be Development Agreement Page 3 of 17 Fairway Ranch 628317-11 construed as making the City and Developer joint venturers or partners. 4. Effective Date and Term. 4.1 Effective Date. The effective date of this Agreement ("Effective Date") is , 2003, which is the effective date of City Ordinance No. ,adopting this Agreement. 4.2 Term. The term of this Agreement shall commence on the Effective Date and shall terminate on the fifth anniversary of such date, unless this Agreement is otherwise terminated or extended pursuant to the terms hereof. Notwithstanding anything to the contrary contained herein or in the Site Development Review approval: (i) the Site Development Review approval shall remain effective for five years following the Effective Date of this Agreement, and (ii) provided that certificates of occupancy have been issued for either the entire Multi-Family Component or the entire Senior Housing Component prior to expiration of the term of this Agreement, the Site Development Review approval (Resolution No. ~ shall remain effective until the tenth anniversary of the Effective Date. 4.3 Optional Extension. Prior to the termination of this Development Agreement, as provided in Section 4.2, Developer may extend the term of the Development Agreement. To do so, Developer shall give City written notice at least 90 days prior to the termination date of the Development Agreement. At the time Developer provides such notice, Developer shall make a contribution to City in the amount of One Hundred Thousand Dollars ($100,000). Upon receipt of the notice and the contribution, the City Manager shall approve the extension and shall notify the Developer in writing that the term of the Development Agreement has been automatically extended for an additional one-year period, commencing on the date the Development Agreement would otherwise have terminated. The Developer may exercise its option to extend the Development Agreement no more than five times, for a maximum total term of the Development Agreement of ten years. The total contribution for the maximum extension of five years will be Five Hundred Thousand Dollars ($500,000). Notwithstanding anything to the contrary in this Section, if Developer has provided the notice and contribution to extend one of the Component Development Agreements, Developer shall not be required to provide the $100,000 contribution to extend the term of this Development Agreement and this Agreement will automatically be extended to be coterminous with such component development agreement. 5. Use of the Property. 5.1 Right to Develop. Developer shall have the vested right to develop the Project on the Property in accordance with the terms and conditions of this Agreement, the Project Approvals, and any amendments to any of them as shall, from time to time, be approved pursuant to this Agreement. Development Agreement Page 4 of 17 Fairway Ranch 628317-11 5.2 Permitted Uses. The permitted uses of the Property, the density and intensity of use, the maximum height, bulk and size of proposed buildings, provisions for reservation or dedication of land for public purposes and location and maintenance of on-site and off-site improvements, location of public utilities (operated by City) and other terms and conditions of development applicable to the Property, shall be those set forth in this Agreement, the Project Approvals and any amendments to this Agreement or the Project Approvals. 5.3 Additional Conditions. Provisions for the following ("Additional Conditions") are set forth in Exhibit B attached hereto. 5.3.1 Subsequent Discretionary Approvals. Conditions, terms, restrictions, and requirements for subsequent discretionary actions. (These conditions do not affect Developer's responsibility to obtain all other land use approvals required by the ordinances of the City of Dublin and any other approvals required by other regulatory agencies.) None 5.3.2 Mitigation Conditions. Additional or modified conditions agreed upon by the Parties in order to eliminate or mitigate adverse environmental impacts of the Project or otherwise relating to development of the Project. See Exhibit B 5.3.3 Phasing, Timing. Provisions that the Project be constructed in specified phases, that construction shall commence within a specified time, and that the Project or any phase thereof be completed within a specified time. See Exhibit B 5.3.4 Financing Plan. Financial plans which identify necessary capital improvements such as streets and utilities and sources of funding. See Exhibit B 5.3.5 Fees, Dedications. Terms relating to payment of fees or dedication of property. See Exhibit B 5.3.6 Reimbursement. Terms relating to subsequent reimbursement over time for financing of necessary public facilities. See Exhibit B Development Agreement Page 5 of 17 Fairway Ranch 628317-11 5.3.7 Miscellaneous. Miscellaneous terms. See Exhibit B 6. Applicable Rules, Regulations and Official Policies. 6.1 Rules Regarding Permitted Uses. For the term of this Agreement, the City's ordinances, resolutions, rules, regulations and official policies governing the permitted uses of the Property, the density and intensity of use of the Property, and the maximum height, bulk and size of proposed buildings shall be those in force and effect on the Effective Date hereof. 6.2 Rules Regarding Design and Construction. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to the Project shall be those in force and effect on the Effective Date hereof. Ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to public improvements to be constructed by Developer shall be those in force and effect at the time the applicable permit approval is granted. 6.3 Uniform Codes Applicable. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the Project shall be constructed in accordance with the provisions of the Uniform Building, Mechanical, Plumbing, Electrical and Fire Codes and Title 24 of the California Code of Regulations, relating to Building Standards, in effect at the time of approval of the appropriate building, grading, or other construction permits for the Project. 7. Subsequently Enacted Rules and Regulations. 7.1 New Rules and Regulations. During the term of this Agreement, the City may apply new or modified ordinances, resolutions, rules, regulations and official policies of the City to the Property which were not in force and effect on the Effective Date and which are not in conflict with those applicable to the Property as set forth in this Agreement if: (a) the application of such new or modified ordinances, resolutions, rules, regulations or official policies would not prevent, impose a substantial financial burden on, or materially delay development of the Property as contemplated by this Agreement and the Project Approvals, and (b) if such ordinances, resolutions, rules, regulations or official policies have general applicability. 7.2 Approval of Application. Nothing in this Agreement shall prevent the City from denying or conditionally approving any subsequent discretionary land use approval for the Project on the basis of the ordinances, resolutions, rules, regulations and policies in effect at the time of such approval. Development Agreement Page 6 of 17 Fairway Ranch 628317-11 7.3 Moratorium Not Applicable. Notwithstanding anything to the contrary contained herein, in the event an ordinance, resolution or other measure is enacted, whether by action of City, by initiative, referendum, or otherwise, that imposes a building moratorium, a limit on the rate of development or a voter- approval requirement which affects the Project on all or any part of the Property, City agrees that such ordinance, resolution or other measure shall not apply to the Project, the Property, this Agreement or the Project Approvals unless the building moratorium is imposed as part of a declaration of a local emergency or state of emergency as defined in California Government Code § 8558. 8. Subsequently Enacted or Revised Fees, Assessments and Taxes. 8.1 Fees, Exactions, Dedications. City and Developer agree that the fees payable and exactions required in connection with the development of the Project for purposes of mitigating environmental and other impacts of the Project, providing infrastructure for the Project and complying with the Specific Plan shall be those set forth in the Project Approvals and in this Agreement (including Exhibit B). The City shall not impose or require payment of any other fees, dedications of land, or construction of any public improvement or facilities, shall not increase or accelerate existing fees, dedications of land or construction of public improvements, or impose other exactions in connection with any subsequent discretionary approval for the Property, except as set forth in the Project Approvals and this Agreement (including Exhibit B, Section 5.3.5). 8.2 Revised Application Fees. Any existing application, processing and inspection fees that are revised during the term of this Agreement shall apply to the Project provided that (1) such fees have general applicability; (2) the application of such fees to the Property is prospective; and (3) the application of such fees would not prevent development in accordance with this Agreement. 8.3 New Taxes. Any subsequently enacted City-wide taxes shall apply to the Project provided that: (1) the application of such taxes to the Property is prospective; and (2) the application of such taxes would not prevent development in accordance with this Agreement. 8.4 Assessments. Nothing herein shall be construed to relieve the Property from assessments levied against it by City pursuant to any statutory procedure for the assessment of property to pay for infrastructure and/or services which benefit the Property. 8.5 Vote on Future Assessments and Fees. In the event that any assessment, fee or charge which is applicable to the Property is subject to Article XIIID of the California Constitution, and Developer does not return its ballot, Developer agrees, on behalf of itself and its successors, that City may count Developer's ballot as affirmatively voting in favor of such assessment, fee or Development Agreement Page 7 of 17 Fairway Ranch 628317-11 charge. 9. Amendment or Cancellation. 9.1 Modification Because of Conflict with State or Federal Laws. In the event that state or federal laws or regulations enacted after the Effective Date prevent or preclude compliance with one or more provisions of this Agreement or require changes in plans, maps or permits approved by the City, the Parties shall meet and confer in good faith in a reasonable attempt to modify this Agreement to comply with such federal or state law or regulation. Any such amendment or suspension of the Agreement shall be approved by the City Council in accordance with Chapter 8.56. 9.2 Amendment by Mutual Consent. This Agreement may be amended in writing from time to time by mutual consent of the Parties and in accordance with the procedures of state law and Chapter 8.56. 9.3 Insubstantial Amendments. Notwithstanding the provisions of Section 9.2, any amendments to this Agreement which do not relate to (a) the term of the Agreement as provided in Section 4.2; (b) the permitted uses of the Property as provided in Section 5.2; (c) provisions for "significant" reservation or dedication of land as provided in Exhibit B; (d) conditions, terms, restrictions or requirements for subsequent discretionary actions; (e) the density or intensity of use of the Project; (f) the maximum height or size of proposed buildings; (g) monetary contributions by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) public improvements to be constructed by Developer; Q) the accrual or use of the Affordable Unit Credits described in Section 5.3.78 of Exhibit B; or (h) the exemption from Commercial Linkage Fee described in Section 5.37.C of Exhibit B shall not, except to the extent otherwise required by law, require notice or public hearing before either the Planning Commission or the City Council before the Parties may execute an amendment hereto. City's Public Works Director shall determine whether a reservation or dedication is "significant". 9.4 Amendment of Project Approvals. Any amendment of Project Approvals relating to: (a) the permitted use of the Property; (b) provision for reservation or dedication of land; (c) conditions, terms, restrictions or requirements for subsequent discretionary actions; (d) the density or intensity of use of the Project; (e) the maximum height or size of proposed buildings; (f) monetary contributions by the Developer; (g) public improvements to be constructed by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) the accrual or use of the Affordable Housing Credits described in Section 5.3.76 of Exhibit B; or (j) the exemption from Commercial Linkage Fee described in Section 5.3.7C of Development Agreement Page 8 of 17 Fairway Ranch 628317-11 Exhibit B shall require an amendment of this Agreement. Such amendment shall be limited to those provisions of this Agreement which are implicated by the amendment of the Project Approval. Any other amendment of the Project Approvals, or any of them, shall not require amendment of this Agreement unless the amendment of the Project Approval(s) relates specifically to some provision of this Agreement. 9.5 Cancellation by Mutual Consent. Except as otherwise permitted herein, this Agreement may be canceled in whole or in part only by the mutual consent of the Parties or their successors in interest, in accordance with the provisions of Chapter 8.56. Any fees paid pursuant to Section 5.3 and Exhibit B of this Agreement prior to the date of cancellation shall be retained by City. 10. Term of Project Approvals. Pursuant to California Government Code Section 66452.6(a), the term of the tentative tract map described in Recital F above shall automatically be extended for the term of this Agreement. The term of any other Project Approval shall be extended only if so provided in Exhibit B or Section 4.2. 11. Annual Review. 11.1 Review Date. The annual review date for this Agreement shall be between July 15 and August 15, 2004 and each July 15 to August 15 thereafter. 11.2 Initiation of Review. The City's Community Development Director shall initiate the annual review, as required under Section 8.56.140 of Chapter 8.56, by giving to Developer thirty (30) days' written notice that the City intends to undertake such review. Developer shall provide evidence to the Community Development Director prior to the hearing on the annual review, as and when reasonably determined necessary by the Community Development Director, to demonstrate good faith compliance with the provisions of this Agreement. The Developer shall have the burden of proving such compliance by substantial evidence. 11.3 Staff Reports. To the extent practical, City shall deposit in the mail and fax to Developer a copy of all staff reports, and related exhibits relating to this Agreement at least five (5) days prior to any annual review. 11.4 Costs. Costs reasonably incurred by City in connection with the annual review shall be paid by Developer in accordance with the City's schedule of fees in effect at the time of review. Development Agreement Page 9 of 17 Fairway Ranch 628317-11 12. Default. 12.1 Other Remedies Available. Upon the occurrence of an event of default hereunder, the Parties may pursue all other remedies at law or in equity which are not otherwise provided for in this Agreement or in City's regulations governing development agreements, expressly including the remedy of specific performance of this Agreement. 12.2 Notice and Cure. Upon the occurrence of an event of default by either Party, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured by the defaulting party within thirty (30) days after service of such notice of default, the nondefaulting party may then commence any legal or equitable action to enforce its rights under this Agreement; provided, however, that if the default cannot be cured within such thirty (30) day period, the nondefaulting party shall refrain from any such legal or equitable action so long as the defaulting party begins to cure such default within such thirty (30) day period and diligently pursues such cure to completion. Failure to give notice shall not constitute a waiver of any default. 12.3 No Damages Against City. Notwithstanding anything to the contrary contained herein, in no event shall damages be awarded against City upon an event of default or upon termination of this Agreement. 13. Estoppel Certificate. Either Party may, at any time, and from time to time, request the other Party to provide a written certification that: (a) this Agreement is in full force and effect and a binding obligation of the Parties, (b) this Agreement has not been amended or modified either orally or in writing, or if amended, identifying such amendments in the certification, and (c) to the knowledge of the certifying Party, the requesting Party is not in default in the performance of its obligations under this Agreement, or if in default, to describe in the certification the nature and amount of any such defaults. A Party receiving a request hereunder shall execute and return such certification within thirty (30) days following the receipt of such request, or such longer period as may reasonably be agreed to by the Parties. City Manager of City shall be authorized to execute any certification requested by Developer. Should the Party receiving the request not execute and return such certification within the applicable period, this shall not be deemed to be a default, provided such Party shall be deemed to have certified that the statements in clauses (a) through (c) of this section are true, and any party may rely on such deemed certification. Any request by Developer fvr a written certification to a third party shall be accompanied by payment to City of a fee for such certification in an amount established by the Council from time to time. Development Agreement Page 10 of 17 Fairway Ranch 628317-11 14. Mortgagee Protection; Certain Rights of Cure. 14.1 Mortgagee Protection. This Agreement shall be superior and senior to any lien placed upon the Property, or any portion thereof after the date of recording this Agreement, including the lien for any deed of trust or mortgage ("Mortgage"). Notwithstanding the foregoing, no breach hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good faith and for value, the purchaser at any trustee's sale or foreclosure sale shall not be liable for any violation hereof occurring prior to the acquisition of title by such purchaser, but all the terms and conditions contained in this Agreement shall be binding upon and effective against any person or entity, including any deed of trust beneficiary or mortgagee ("Mortgagee") who acquires title to the Property, or any portion thereof, by foreclosure, trustee's sale, deed in lieu of foreclosure, or otherwise. 14.2 Mortgagee Not Obligated. Notwithstanding the provisions of Section 14.1, no Mortgagee shall have any obligation or duty under this Agreement, before or after foreclosure or a deed in lieu of foreclosure, to construct or complete the construction of improvements, or to guarantee such construction of improvements, or to guarantee such construction or completion, or to pay, perform or provide any fee, dedication, improvements or other exaction or imposition; provided, however, that a Mortgagee shall not be entitled to devote the Property to any uses or to construct any improvements thereon other than those uses or improvements provided for or authorized by the Project Approvals or by this Agreement. 14.3 Notice of Default to Mortgagee and Extension of Right to Cure. If City receives notice from a Mortgagee requesting a copy of any notice of default given Developer hereunder and specifying the address for service thereof, then City shall deliver to such Mortgagee, concurrently with service thereon to Developer, any notice given to Developer with respect to any claim by City that Developer has committed an event of default. Each Mortgagee shall have the right during the same period available to Developer to cure or remedy, or to commence to cure or remedy, the event of default claimed set forth in the City's notice. City, through its City Manager, may extend the thirty-day cure period provided in Section 12.2 for not more than an additional sixty (60) days upon request of Developer or a Mortgagee. 15. Severability. The unenforceability, invalidity or illegality of any provision, covenant, condition or term of this Agreement shall not render the other provisions hereof unenforceable, invalid or illegal. Development Agreement Page 11 of 17 Fairway Ranch 628317-11 16. Attorneys' Fees and Costs. If City or Developer initiates any action at law or in equity to enforce or interpret the terms and conditions of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs in addition to any other relief to which it may otherwise be entitled. If any person or entity not a party to this Agreement initiates an action at law or in equity to challenge the validity of any provision of this Agreement or the Project Approvals, the Parties shall cooperate in defending such action. Developer shall bear its own costs of defense as a real party in interest in any such action, and shall reimburse City for all reasonable court costs and attorneys' fees expended by City in defense of any such action or other proceeding. 17. Transfers and Assignments. 17.1 Right to Assign. Developer may wish to sell, transfer or assign all or portions of its Property to other developers (each such other developer is referred to as a "Transferee"). In connection with any such sale, transfer or assignment to a Transferee, Developer may sell, transfer or assign to such Transferee any or all rights, interests and obligations of Developer which arise hereunder and pertain to the portion of the Property being sold or transferred to such Transferee; provided, however that: no such transfer, sale or assignment of Developer's rights, interests and obligations hereunder shall occur by operation of law or otherwise absent prior written notice to City and written approval thereof by the City Manager, which approval shall not be unreasonably withheld or delayed. 17.2 Approval and Notice of Sale, Transfer or Assignment. The City Manager shall consider and decide on any proposed transfer, sale or assignment of Developer's rights, interests and obligations hereunder within ten business (10) days following receipt of Developer's notice, provided all documents, certifications and other information reasonably requested by City are provided to the City Manager to enable the City Manager to determine whether the proposed Transferee can perform the Developer's obligations hereunder. Notice of any such approved sale, transfer or assignment (including a description of all rights, interests and obligations that have been transferred and those which have been retained by Developer) shall be recorded in the official records of Alameda County, in a form acceptable to the City Manager, concurrently with such sale, transfer or assignment. 17.3 Effect of Sale, Transfer or Assignment. Developer shall be released from any obligations hereunder sold, transferred or assigned to a Transferee pursuant to this Section 17, provided that: a) such sale, transfer or assignment has been approved by the City Manager pursuant to this Section 17, b) such obligations are expressly assumed by Transferee, and (c) such Transferee shall be subject to all the provisions hereof and shall provide all Development Agreement Page 12 of 17 Fairway Ranch 628317-11 documents, certifications and other information reasonably requested by City prior to City Manager approval pursuant to this Section 17. 17.4 Permitted Transfer, Purchase or Assignment. The sale or other transfer of any interest in the Property to a purchaser ("Purchaser") pursuant to the exercise of any right or remedy under athird-party deed of trust encumbering Developer's interest in the Property shall not require City Manager approval pursuant to this Section 17. However, any subsequent transfer, sale or assignment by such Purchaser to a subsequent transferee, purchaser, or assignee shall be subject to the provisions of this Section. 18. Agreement Runs with the Land. All of the provisions, rights, terms, covenants, and obligations contained in this Agreement (with the exception of City's obligation to provide financing to Developer pursuant to the Loan Agreement) shall be binding upon the Parties and their respective heirs, successors and assignees, representatives, lessees, and all other persons acquiring the Property, or any portion thereof, or any interest therein, whether by operation of law or in any manner whatsoever. All of the provisions of this Agreement shall constitute covenants running with the land pursuant to applicable laws. Each covenant to do, or refrain from doing, any act on or with respect to the Property pursuant to this Agreement: (a) is for the benefit of or is a burden upon the Property, (b) runs with the land, and (c) is binding upon the Developer and each successive owner during its ownership of the Property or any portion thereof. 19. Bankruptcy. The obligations of Developer under this Agreement shall not be dischargeable in bankruptcy. 20. Indemnification; Prevailing Wages. 20.1 Indemnification. Developer agrees to indemnify, defend and hold harmless City, and its elected and appointed councils, boards, commissions, officers, agents, employees, and representatives from any and all claims, costs (including legal fees and costs) and liability for any personal injury or property damage which may arise directly or indirectly as a result of any actions or inactions by the Developer, or any actions or inactions of Developer's contractors, subcontractors, agents, or employees in connection with the construction, improvement, operation, or maintenance of the Property and the Project, provided that Developer shall have no indemnification obligation with respect to the gross negligence or willful misconduct of City, its contractors, subcontractors, agents or employees or with respect to the maintenance, use or condition of any Development Agreement Page 13 of 17 Fairway Ranch 628317-11 improvement after the time it has been dedicated to and accepted by the City or another public entity (except as provided in an improvement agreement or maintenance bond}. 20.2 Prevailing Wages. The Parties acknowledge that the Project or phases of it are intended by Developer to be exempt from California Labor Code Section 1720 et seq. and the regulations adopted pursuant thereto ("Prevailing Wage Laws") by virtue of Labor Code Section 1720(d). If for any reason, the Prevailing Wage Laws are found to be applicable to the Project, Developer and its contractors shall comply with such laws. Developer shall, and hereby agrees to, unconditionally indemnify, reimburse, defend, protect and hold harmless City and its elective and appointive boards, commissions, officers, agents, attorneys, consultants and employees, and their respective successors and assigns, from and against any and all claims, demands, suits and actions at law or in equity, and losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, and costs and damages of every kind, nature and description (including but not limited to attorneys' fees and court costs, with counsel reasonably acceptable to City), and administrative, enforcement or judicial proceedings, whether known or unknown, and which directly or indirectly, in whole or in part, are caused by, arise from, or relate to, or are alleged to be caused by, arise from, or relate to, the payment or requirement of payment of prevailing wages or the requirement of competitive bidding in the construction of the Project, the failure to comply with any state or federal labor laws, regulations or standards in connection with this Agreement, including but not limited to the Prevailing Wage Laws, or any act or omission of City or Developer related to this Agreement with respect to the payment or requirement of payment of prevailing wages or the requirement of competitive bidding, whether or not any insurance policies shall have been determined to be applicable to any such claims, demands, suits, actions, losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, costs, damages, or administrative, enforcement or judicial proceedings. It is further agreed that City does not, and shall not, waive any rights against Developer which it may have by reason of this indemnity and hold harmless agreement because of the acceptance by City, or the deposit with City by Developer, of any of the insurance policies described in this Agreement. The representations, warranties and covenants contained in this Section shall survive the termination of this Agreement. 21. Insurance. 21.1 Public Liability and Property Damage Insurance. During the term of this Agreement, Developer shall maintain in effect a policy of comprehensive general liability insurance with aper-occurrence combined single limit of not less than five million dollars ($5,000,000) with a Twenty Five Thousand Dollar ($25,000) self insurance retention per claim. The policy so maintained by Development Agreement Page 14 of 17 Fairway Ranch 628317-11 Developer shall name the City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement. 21.2 Workers Compensation Insurance. During the term of this Agreement Developer shall maintain Worker's Compensation insurance for all persons employed by Developer for work at the Project site. Developer shall require each contractor and subcontractor similarly to provide Worker's Compensation insurance for its respective employees. Developer agrees to indemnify the City for any damage resulting from Developer's failure to maintain any such insurance. 21.3 Evidence of Insurance. Prior to City Council approval of this Agreement, Developer shall furnish City satisfactory evidence of the insurance required in Sections 21.1 and 21.2 and evidence that the carrier is required to give the City at least fifteen days prior written notice of the cancellation or reduction in coverage of a policy. The insurance shall extend to the City, its elective and appointive boards, commissions, officers, agents, employees and representatives and to Developer performing work on the Project. 22. Sewer and Water. Developer acknowledges that it must obtain water and sewer permits from the Dublin San Ramon Services District ("DSRSD") which is another public agency not within the control of City. 23. Notices. All notices required or provided for under this Agreement shall be in writing. Notices required to be given to City shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dublin, CA 94568 FAX No. (925) 833-6651 Notices required to be given to Developer shall be addressed as follows: A Party may change address by giving notice in writing to the other party and thereafter all notices shall be addressed and transmitted to the new address. Notices shall be deemed given and received upon personal delivery, or if mailed, upon the expiration of 48 hours after being deposited in the United Development Agreement Page 15 of 17 Fairway Ranch 628317-11 States Mail. Notices may also be delivered by overnight courier in which case they shall be deemed given on the following day or by facsimile transmission in which case they shall be deemed delivered upon verification of receipt. 24. Agreement is Entire Understanding. This Agreement, the loan commitment letters executed by City and dated 2003, the Component Development Agreements, the Regulatory Agreements, and the Loan Agreements (and related deed(s) of trust and promissory note(s) constitute the entire understanding and agreement of the Parties with respect to the subject matter hereof and supersede all prior negotiations, understandings or agreements pertaining thereto. 25. Exhibits. The following Exhibits are attached hereto and incorporated herein by this reference: Exhibit A Legal Description of Property Exhibit B Additional Conditions Exhibit C Inclusionary Zoning Regulations; Dublin Municipal Code Chapter 8.68 Exhibit D Affordable Unit Credit Certificate Exhibit E Map of Affordable Unit Credit Property, which property Includes properties owned by Developer subject to the Master Development Agreement,"Dublin Ranch West" and "Dublin Ranch North." Exhibit F Map of Property Exempt from Commercial Linkage Fee 26. Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, and all of which taken together shall constitute one agreement. 27. Recordation; Further Assurances. City shall record a copy of this Agreement within ten days following execution by all Parties. The Parties agree to execute such additional instruments and to undertake such actions as may be necessary to effectuate the intent of this Agreement. IN WITNESS WHEREOF, the Parties have caused this Agreement to be Development Agreement Page 16 of 17 Fairway Ranch 628317-11 executed as of the date and year first written above. CITY OF DUBLIN By: Mayor ATTEST: By: City Clerk APPROVED AS TO FORM: City Attorney DEVELOPER By: Print Name: Its: Development Agreement Page 17 of 17 Fairway Ranch 628317-11 State of California County of Alameda On , 2003, before me, the undersigned, a Notary Public, in and for said State and County, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary Public Exhibit A LEGAL DESCRIPTION OF PROPERTY (Attach legal description of Property.) ANTRAL PARKWAY (E71C I ST ING ) CENTRAL PARKWAY ~~ PARCEL 1 ~ (RESIDENTIAL) N 6.9 AC. t Y~~~~ W Ay (EXISTING) ~ ~l ' D~LIN BOULEVARD (EXISTING) ~ N58'24'S5'E 16.78' •' R=909' 4=03°09'27 L=50.OT ' ° ' ' N7T30'3YW 5.92' N7T3D'3YW 3}.16' `~ 44 N78 W 44.26 59 ~j. O =11'00'16' L=?88.09' R=100' d=1704'46' 1=16.32' R= ,~ R=1 I FINPiIAN WAY =` ~ ' ° •• N N3T34 SYW 25.28' H o PARCEL 2 "~ a a (RESIDENTIAL) ~ 6.8 AC. f z ~ NoTZroSw ~,~ L=87.94 74.01' ~• . ~ _g 4=00'42'45 L=13.16' ' ' ' ' N41.34'01'E 25.53' N7a•03'OYW 22.42' Y a D A N90 00 00 E 68.62 R=200' 4=15.56'56" L=55.67' u ° II AQ -' R=~, 1756' R=250' 4=04'14'14' L=18.49' ~Sp. o ~' rn ^' ~ L=139 19' ~ 4 ~ - y o ~ ~ . I~dAGUIRE WAY , ro ~ ~ N85'45'45E 34.26' '~ ~ ~ N45.58'34'W 25.51' -N ~+ ~o °' PARCEL 3 , `~ ~ (RESIDENTIAL - FOR CONDO PURPOSES) ~, 0 6.4 AC. t N4a°27'OYw 28.28' R=104' 4=12'a0'S0' 1=23.02' N39•aa'06'E NB727' ~W 176.1 N76.46'1YW 21.00' 106.16' =DY10'06 L= N89.27'OYW R=2928' R=76' 4=1T40'S0~ 1=t6.B2' •D3'38'W 28.61' NBY35'38'E 21.41' DUBLII4 BOULEVARD (FUTIJRB) ~- ~eas72U' L 2 NSYJ»o~ tt i R=3076' EXHIBIT A PARCELS 1-3 TRACT 7453 DUBLIN CALIFORNIA mAC~Y~somps CIVIL ENGINEERING~LAND PLANNING~LAND SURVEYING Pleosonton, CA (925) - 225-0690 DRAWN DATE SCALE JOB N0. DNL 05 27 03 1"=200' 16034-11 P:\ 16034-11\plonning\Plots.dwg R=364' L=28~ .82' 4=44°21'34" ~,,9~ ~ SrR~' RSA a6o~°o~.48n (.~UTU~E ~, ~ o. ~O o ~ oo iv ~O• l ~ ^ N `~ l.,, W N 00 _O N ~ ~ ~ ~ ~ II J `-`~ o ~ 4 d- ~ ~ N o o ~ ~ ~ z I'7 Z ~ ~ O r Z ~ Z cV O ~~ M ~ ~ N PARCEL 1 J~ ~o~ 0 °z ~, (RESIDENTIAL) o ° 0 0 J 6.9 AC. ± az ~, PARCEL ~ ~ ~ ~ a 0 0 RESULTANT a N o a~ REMAINDER Nom. 4 c°~ ii LOT LINE II J ~ AOJIJSTMENT 4 N ~ II 'L-99-19" ~ N -~ rn SERIES No. O ~ ~ o0 2000-10577 0 ~ o ~ ~ n ~ o o ao d i~ ~? ~ ~ 11 ° `" rn N45°32'58"E 28.28' rn oo a ~ II Z z ~ 56.77' R=1046' N00°32'58" E D=13° 14'51" L=241.85' KEEGAN STREET (EXISTING) EXHIBIT A PARCEL 1 TRACT 7453 DUBLIN CALIFORNIA mac~Y~somps CIVIL ENGINEERING~LAND PLANNING~LAND SURVEYING Pleasanton. CA (925) - 225-0690 DRAWN DATE SCALE JOB N0. DNL 05 27 03 1 =100' 16034-11 P;\ 16034-11\plonning\PI°ts.dwq Z 0 ~ u J W (V N7 x~ 0 F~ ~a W N78°59'44"W 44.26' d=11°00, ~ 6" L=288.09' R=1.5nm N07°27'05'W 74.01' II a w ~ ~ Il ~= o cr n O0- N W W W W ~ ~ ~ ~ N ~ ~ O O N O Z DUBLIN BOULEVARD (FUTURE) F'r~~rr N77°30'32"W 33.18` R=100' 0=15°04'46" L=26.32' R=200' N90°00'00"W 178.10' FINNIAN WAY ~ L?96424 32.00' N33°34'52"W 25.28' PARCEL 2 (RESIDENTIAL) 6.8 AC. ± N41°34'01"E 25.53= N74°03'02"W 22.42' ~- R=200' D=15°56'58" L=55.67' ~ R=250' ~=04° 14' 14" L=18.49' I. J CO '~ I I ~- ~~ n a MAGUIRE WAY N85°45'46"E 34.26' ~r~~rr TRACT 7453 DUBLIN CALIFORNIA mac~aY~somps CIVIL ENGINEERING.LAND PLANNING.LANO SURVEYING Pleosonton, CA (925) - 225-0690 DRAWN OATS SCALE JOB N0. DNL 05 27 03 1 =100' 16034-11 R=942' ~=05°20'56 L=a~ •94, ~=00°42'45" L=13.16' N90°00'00" E 68.62' R=500' d=15°56'58 ~=139.19, P:\ 160}4-1 1 \pl0nning\PI°ts.dwq ~r~~~`r N90°00'00"E 68.62' R=500' 4=15°56'58 o 19. ~=139 ~n . D N 0 ~ ~ ~ ~ ~u ~ o F~~I H r Oro II w ~ ~ ' (RESIDENTIAL W W ~ ~/~ T vs W ~ ~ ~ O W ~ N O Z N74°03'02"W 22.42' ~- R=200' ~=15°56'58" L=55.67' R=250' ~=04° 14' 14" L=18.49 MAGUIRE WAY N85°45'46"E 34.26" ~V ~1 . N49°58'34"W 25.51' PARCEL 3 - FOR CONDO PURPOSES) 6.4 AC. ± D r II ~ II o II ~ o cn !V ~ W .ern 0 N44°27'02"W 28.28' N89°27'02"W 178.18' =104' ~=12°40'50" L=23.02' N39°44'06" E 28.06' ~N76°46'12"W 21.00' 106.18' ~=05° 10'08" L=264.15' N89°27'02"W R=2928' R=76' 0=12°40'50" L=16.82' DUBLIN BOULEVARD (FUTURE) r.C Z ~ 0 o ~ N (.P U? ~~ (sl J O ~./ TRACT 7453 DUBLIN CALIFORNIA mac~Y~somps CIVIL ENGINEERING.LAND PIANNING~LAND SURVEYING Pleosonton, CA (925) - 225-0690 DRAWN DATE SCALE JOB N0. DNL 05 27 03 1 =100' 16034-11 P;\ 16031-1 1\plonninq\Plots.dwq Exhibit B ADDITIONAL CONDITIONS This Exhibit B contains Additional Conditions imposed pursuant to Section 5_3 of the Development Agreement ("Agreement"), by and between the City of Dublin, a Municipal Corporation ("City") and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer") dated as of , 2003. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement. 5.3.1 Subsequent Discretionary Approvals None. 5.3.2 Mitigation Conditions A. Infrastructure Sequencing Program. The infrastructure sequencing program for the Project is set forth below. (i) Roads: The project-specific roadway improvements (and offers of dedication) identified in Resolution No. of the City of Dublin Planning Commission approving the Tentative Map for Tract 7453 and the City Council Resolution approving the Site Development Review (hereafter "TM and SDR Resolutions"), and those described below shall be completed by Developer to the satisfaction of the City Engineer at the times and in the manner specified in the TM Resolution unless otherwise provided below. All such roadway improvements shall be constructed to the satisfaction and requirements of City's Engineer. -Condition (Dublin Boulevard/Dougherty Road Intersection Improvementsl: Condition reads as follows: Intersection of Dougherty Road & Dublin Blvd. In the event that the City does not have sufficient Category 2 Eastern Dublin Traffic Impact Fee (TIF) funds available, Developer shall advance the City monies for the cosfs of design, right-of-way acquisition and construction of the City Capita! Improvement Projecf at the Dublin Boulevard / Dougherty Road intersection. The amount of money to be advanced will be determined by the City Development Agreement - Exhibit B Page 1 of 11 Fairway Ranch 628317-11 Engineer based on the Project's fair share of the deficiency. Such payment is to be made within 30 days of written notice from the City Engineer. City shall provide a credit to the Developer for Category 2 TlF for any monies advanced pursuant to this condition. The City's Administration Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99) shall govern all aspects of the credit. DEVELOPER shall provide CITY with DEVELOPER's fair share, as determined by CITY on the basis of the Project's trips, for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements by a payment to CITY in cash in the amount of the Project's fair share of the deficiency, if any, between funds available to CITY for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements and the cost of such project, as determined by the Public Works Director. Such payment to be made within 30 days of written notice from the Public Works Director to be given following bid opening. Notwithstanding the provisions of Section _ of this Agreement, Condition _ shall survive termination of this Agreement. (ii) Sewer. All sanitary sewer improvements to serve the project site (or any recorded phase of the Project) shall be completed in accordance with DSRSD requirements. (iii) Water. An all weather roadway and an approved hydrant and water supply system shall be available and in service at the site in accordance with the tentative map conditions of approval to the satisfaction and requirements of the City's fire department. All potable water system components to serve the project site shall be completed in accordance with the DSRSD requirements. Recycled water lines shall be installed in accordance with the tentative map conditions of approval. Development Agreement - Exhibit B Page 2 of 11 Fairway Ranch 628317-11 (iv) Storm Drainage The storm drainage systems off site, as well as on site drainage systems to the areas to be occupied, shall be improved consistent with the Dublin Ranch Master Drainage Plan and the tentative map conditions of approval and to the satisfaction of the City Engineer (v) Other Utilities (e.q. gas, electricity, cable televisions, telephone) Construction shall be completed by phase prior to issuance of the first Certificate of Occupancy for any building within that specific phase of occupancy. B. Miscellaneous (i) Completion of Public Improvements May Be Deferred. Notwithstanding the foregoing, City's Engineer may, in his or her sole discretion and upon receipt of documentation in a form satisfactory to the City Engineer that assures completion, allow Developer to defer completion of discrete portions of any public improvements for the Project if the Public Works Director determines that to do so would not jeopardize the public health, safety or welfare. 5.3.3 Phasing; Timing This Agreement does not require the Developer to commence or complete development of the Project within any period of time set by City. Subject to the following requirements, Developer shall be permitted to develop the Property in accordance with its own time schedule, consistent with the Project Approvals. Notwithstanding anything to the contrary contained in this Agreement or in the Project Approvals, it is expressly understood and agreed that: (A) the City shall not issue any building permits for any buildings or structures within the Condominium Component of the Project unless (i) certificates of occupancy have been issued for all units comprising either the Multifamily Component or the Senior Housing Component of the Project and the affordable units to be constructed as part of the Multifamily Component or the Senior Housing Component of the Project have been constructed and made available for occupancy by eligible households at affordable housing cost in accordance with the requirements specified in the Regulatory Agreements or (ii) Developer and City have entered into an enforceable agreement that restricts occupancy of units within the Condominium Component to provide for 19 moderate income units, eight low-income units and eleven very-low income units; and (B) if Developer constructs the Multi-Family Component or the Senior Housing Component in phases, each such phase shall include affordable units which are available for Development Agreement - Exhibit B Page 3 of 11 Fairway Ranch 628317-11 occupancy to eligible low, very low-, and moderate-income households in such numbers as shown on Exhibit of the Site Development Review approval. The provisions of this Section 5.3.3 shall survive the expiration of the term of this Agreement. 5.3.4 Financing Plan Developer shall install all improvements necessary for the Project at its own cost (subject to credits for any improvements which qualify for credits as provided in Section 5.3.6 below). Other infrastructure necessary to provide sewer, potable water, and recycled water services to the Project will be made available by the Dublin San Ramon Services District. Developer has entered into an "Area Wide Facilities Agreement" with the Dublin San Ramon Services District to pay for the cost of extending such services to the Project. Such services shall be provided as set forth in Sections 5.3.2(A)(ii) and (iii) above. Pursuant to the terms of that certain loan agreement entered into by and between City and Developer ("Loan Agreement"), and provided that Developer has complied with all terms and conditions of the Loan Agreement, City shall provide a loan to Developer to provide partial financing for construction of the Project's affordable units. 5.3.5 Fees, Dedications A. Traffic Impact Fees. Developer shall pay the Eastern Dublin Traffic Impact Fee ("TIF") established by Resolution No. 225-99, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Developer further agrees that it will pay a minimum of three percent (3%) of the "Section 1/Category 1"portion of the TIF in cash. Developer also agrees that it will pay 12.4% of the "Section 2/Category 2" portion of the TIF in cash. If City amends its TIF fee and as a result the City's outstanding balance due on loans is less than 12.4% of total Section 2/Category 2 improvements, the Developer shall pay such reduced percentage of the "Section 2/Category 2" portion of the TIF in cash. Developer may use any credits it has for payment of the balance of the TIF in accordance with City's Administrative Guidelines for Eastern Dublin Traffic Development Agreement - Exhibit B Page 4 of 11 Fairway Ranch 628317-11 Impact Fees (Resolution No. 23-99 "TIF Guidelines"). B. Traffic Impact Fee to Reimburse Pleasanton for Freeway Interchanges. Developer shall pay the Eastern Dublin I-580 Interchange Fee established by City of Dublin Resolution No. 11-96 as amended by Resolution No. 155-98 and by any subsequent resolution which revises such Fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. C. Public Facilities Fees. Developer shall pay a Public Facilities Fee established by City of Dublin Resolution No. 214-02, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the then-current amount of the fee. Developer may use the credits for payment of the Community Park Land portion of the Public Facilities Fee granted to the Lin Family by the Master Development Agreement in accordance with City's Public Facilities Fee Guidelines (Resolution 195-99). D. Noise Mitigation Fee. Developer shall pay a Noise Mitigation Fee established by City of Dublin Resolution No. 33-96, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. E. School Impact Fees. School impact fees shall be paid by Developer in accordance with California Government Code Section 53080 and the agreement between Developer and the Dublin Unified School District regarding payment of mitigation fees. F. Fire Impact Fees. Developer shall pay a fire facilities fee established by City of Dublin Resolution No. 12-03 including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. Developer may use any credits it has for payment of the fire facilities fee, provided credits for improvements, land and equipment may only be used to Development Agreement - Exhibit B Page 5 of 11 Fairway Ranch 628317-11 satisfy payment of the same components of the fire facilities fee. G. Tri-Valley Transportation Development Impact Fee. Developer shall pay the Tri-Valley Transportation Development Fee in the amount and at the times set forth in City of Dublin Resolution No. 89-98 or any subsequent resolution which revises such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. 5.3.6 Credit A. Traffic Impact Fee Improvements --Credit City shall provide a credit to Developer for those improvements described in the resolution establishing the Eastern Dublin Traffic Impact Fee if such improvements are constructed by the Developer in their ultimate location. All aspects of the credit shall be covered by City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 ("TIF Guidelines"). B. Traffic Impact Fee Right-of-Way Dedications --Credit City shall provide a credit to Developer for any TIF area right-of- way to be dedicated by Developer to City which is required for improvements which are described in the resolution establishing the Eastern Dublin Traffic Impact Fee. All aspects of the credits shall be governed by the TIF Guidelines. 5.3.7 Miscellaneous A. Affordable Units In accordance with the City's Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68 attached as Exhibit C hereto), the City's Density Bonus Ordinance (Dublin Municipal Code Chapter 8.52) and the Regulatory Agreements, Developer shall ensure that [587] housing units constructed as part of the Project shall be available for a period of not less than 55 years to households of very low, low- and moderate-income at affordable housing cost, all as more particularly described in Recital E of the Agreement and in the Regulatory Agreements. B. Credits for Certain Affordable Units (i) Affordable Units Upon Completion. Upon completion of the entire Project in accordance with the SDR and this Agreement, Developer will have provided affordable units, as defined in City's Development Agreement - Exhibit B Page 6 of 11 Fairway Ranch 628317-11 Inclusionary Zoning Regulations, in the following income categories: Multifamily Component --90 moderate income units --90 low income units --63 very low income units Senior Housing Component --131 moderate income units --97 low income units --64 very low income units Condominium Component --52 moderate income units Upon completion the entire Project in accordance with the SDR and this Agreement (i) Developer will have satisfied the Inclusionary Zoning Regulations for all three components by providing in the aggregate 46 moderate-income units, 19 low-income units and 28 very low-income units, for a total of 93 affordable units (hereinafter "Project Affordable Units"); (ii) Developer will receive credit (hereinafter "Affordable Unit Credits") pursuant to Section 8.68.060 of the Inclusionary Zoning Regulations for 332 affordable units; and (iii) Developer will have provided an additional 162 affordable units (hereinafter "Excess Affordable Units") in consideration for which the City has agreed to provide certain incentives and waivers consisting of: (a) a finding that Developer has fully complied with the City's Inclusionary Zoning Regulations for the Project by providing 46 moderate-income units, 19 low-income units and 28 very low- income units in the sizes shown on Exhibit of the SDR resolution, (b) 332 Affordable Unit Credits which can be used to comply with the Inclusionary Zoning Regulations on the Affordable Unit Credit Property as described in Exhibit E as such regulations currently exist or as hereinafter amended for a maximum of 2,655 units, notwithstanding the mix of the affordable units, number of bedrooms or concentrations of such units on such Property, (c) a loan, and (d) a commercial linkage fee waiver (as described in Section 5.3.7.C. (ii) Phased Construction. City and Developer recognize that it is likely that the three components of the Project will be constructed at different times and that each component includes several buildings for which individual building permits will be issued. In particular, the Multifamily Component consists of five buildings, three of which will be residential; the Senior Housing Component consists of five residential buildings, and the Condominium Component consists of five buildings, three of which are residential. Development Agreement - Exhibit B Page 7 of 11 Fairway Ranch 628317-11 (iii) Required Affordable Units. Upon issuance of certificates of occupancy for each building within the Project, the affordable units provided therein shall be allocated first to satisfy the Developer's obligation to provide 93 Project Affordable Units. In particular, upon issuance of a certificate of occupancy for buildings in the Multi-Family Component, the first 18 moderate-income units, the first nine (9) low-income units and the first 15 very low-income units will be counted toward the Project Affordable Units. Upon issuance of certificates of occupancy for buildings in the Senior Housing Component, the first 20 moderate-income units, the first ten (10) low-income units and the first 14 very low-income will be counted as Project Affordable Units. Finally, in the Condominium Component, the first seven (7) moderate-income units will be counted as Required Affordable Units. Developer's obligation to provide moderate-income units may be satisfied by low- income or very low-income units and the obligation to provide low-income units may be satisfied by very low-income units, provided such substitutions shall not relieve Developer from its obligation to provide the total required units. (iv) Affordable Unit Credits. Thereafter each additional affordable unit in any building for which a certificate of occupancy is issued shall entitle Developer to an Affordable Unit Credit provided Developer shall be entitled to no more than 332 Affordable Unit Credits. The Affordable Unit Credits shall be evidenced by an "Affordable Unit Credit Certificate" in a form substantially similar to the form attached as Exhibit D, which shall be executed by the City Manager within ten (10) working days of the issuance of the certificate of occupancy, provided that Developer is in compliance with all requirements of this Agreement, the Regulatory Agreements and the Loan Agreement. The purpose of the Affordable Unit Credit Certificate is to allow the City and Developer to monitor the creation of such credits. (v) Use of Affordable Unit Credit Developer may apply the Affordable Unit Credits to satisfy the requirements of the Inclusionary Zoning Regulations as now in effect or as hereafter amended for any residential development consisting of up to a maximum of 2,655 [3,399 - 744 = 2,655 x 12.5% = 331.8] units on the Affordable Unit Credit Property shown on Exhibit E. (vi) Determination of Affordable Unit Obligation on Affordable Unit Credit Property City shall determine the number of affordable units required for each residential development proposed for development on the Affordable Unit Credit Property at the earliest to occur of the time of tentative map approval, conditional use permit or site development review by reference to the Development Agreement - Exhibit B Page 8 of 11 Fairway Ranch 628317-11 Inclusionary Zoning Regulations attached as Exhibit C to determine the number of affordable units required for each such residential development, and provided Developer has a sufficient number of Affordable Unit Credit Certificates for the number of such required affordable units, City shall not require compliance with the Inclusionary Zoning Regulations for such development. The payment of in- lieu fees will not be allowed for any residential development project on the Property or the Affordable Unit Credit Property. If Developer has not earned Affordable Unit Credit Certificates in sufficient number to provide the required number of affordable units required for such residential development, provided that a building permit has been issued for any building within the Project that will include affordable units that will be counted toward the Affordable Unit Credits, Developer may obtain an Affordable Unit Credit Certificate by providing a bond or letter of credit in the amount of the then-current in-lieu fee established by the Council pursuant to section 8.68.040.A of the Inclusionary Zoning Regulations, which security shall be released by City upon issuance of a certificate of occupancy for the secured affordable unit. If Developer has not earned Affordable Unit Credit Certificates in sufficient number to provide the required number of affordable units required for a proposed residential development, Developer shall be required to comply with the Inclusionary zoning requirements then in effect prior to Site Development Review approval, including the requirement of section 8.68.050.A of the Inclusionary Zoning Regulations for an affordable housing agreement. Alternatively, Developer may withdraw its application for Site Development Review approval until Developer has sufficient Affordable Unit Credit Certificates to provide the required number of affordable units for the residential development project. (vii) Dublin Ranch Area F North Notwithstanding the foregoing, City agrees to determine the number of affordable units required for any residential development project on the property shown on Exhibit E, known as "Area F North," at the time of issuance of the first building permit for any residential building in Area F North. City shall determine whether Developer has provided the Required Affordable Units pursuant to Section 5.3.7.B (iii) above for Area F North at the time of issuance of building permits for Project buildings, rather than Certificate of Occupancy. City shall not issue a building permit for any building in Area F North until Developer has Affordable Unit Credit Certificates equal in number to 12.5% of the number of units proposed in Area F North, as calculated pursuant to the Inclusionary Zoning Regulations. (viii) Limitation Use of Credits Any residential units proposed to be constructed on the Affordable Unit Development Agreement - Exhibit B Page 9 of 11 Fairway Ranch 628317-11 Credit Property in excess of 2,655 units shall be subject to the City's Inclusionary Zoning ordinance in effect at the time of application. Unused Affordable Unit Credits will expire thirty (30) years after the date of execution of the Affordable Unit Credit Certificate creating such credit. In the event the State of California enacts legislation that requires a greater percentage of affordable units on the Affordable Unit Credit Property and City and Developer determine such legislation would be applicable to the Affordable Unit Credit Property, City and Developer will meet in good faith in an effort to carry out this Agreement to the extent possible. (ix) Development on Affordable Unit Credit Property Nothing in this Agreement shall impose a limit on the development of residential units on the Affordable Unit Credit Property, nor shall this Agreement be construed as a guarantee that Developer can develop 2,655 residential units on the Affordable Unit Credit Property. C. Exemption from Commercial Linkage Fee Provided that: (a) certificates of occupancy have been issued for all residential units and all affordable units required to be constructed as part of the Project pursuant to the Agreement, and (b) Developer and its successors in interest are in compliance with all requirements of this Agreement, the Regulatory Agreements and the Loan Agreement, the property described in Exhibit F attached hereto and incorporated herein by reference shall, during the period commencing on the date that all of the foregoing conditions have been met, and continuing until the thirtieth anniversary of the Effective Date of the Agreement, be exempt from any commercial linkage fee or similar fee that the City may adopt which requires payment of a housing fee in connection with the development of such property for commercial use. Upon satisfaction of both of the foregoing conditions, City agrees to record, and Developer consents to recordation of, a document against the property described in Exhibit F acknowledging such property shall be exempt from any such fee until the thirtieth anniversary of the Effective Date. In the event that Developer or Developer's successor in interest seeks approval to develop the property described in Exhibit F prior to the date upon which both of the foregoing conditions have been met, then Developer shall be obligated to pay such commercial linkage or similar fees to City; however, City shall refund such fees to Developer on the date that the foregoing conditions are met, together with interest on such fees at the rate actually earned by City during the time the fees are held by City, less an administrative charge for processing such refund in an amount equal to one percent of the refund amount. Provided, however, that if a building permit has been issued for any building within the Development Agreement - Exhibit B Page 10 of 11 Fairway Ranch 628317-11 Project that will include affordable units that will be counted as Affordable Unit Credits, in lieu of paying such fees to City, Developer may provide the City with an irrevocable letter of credit with a term of 12 months in the amount of the commercial linkage fee applicable to such development, which the City shall release upon issuance of a Certificate of Occupancy for the secured affordable units if a Certificate of Occupancy is issued within eleven (11) months of the date of the letter of credit. If a Certificate of Occupancy is not issued for such secured affordable units within such time period, City shall draw on the letter of credit; provided however, if Developer or its successors in interest are in compliance with all requirements of this Agreement, the Regulatory Agreements and the Loan Agreement, City shall return such funds to Developer on the date of issuance of such Certificates of Occupancy, less an administrative charge for processing such refund in an amount equal to one percent of the refund amount. D. Shuttle Service. jLANGUAGE TO BE INSERTED TO BE CONSISTENT WITH SDR CONDITION OF APPROVAL RELATED TO SHUTTLE SERVICE.] E. Survival. The provisions of this Section 5.3.7 shall survive the expiration of the term of the Agreement. Development Agreement - Exhibit B Page 11 of 11 Fairway Ranch 628317-11 Exhibit C INCLUSIONARY ZONING REGULATIONS; DUBLIN MUNICIPAL CODE CHAPTER 8.68 Exhibit D AFFORDABLE UNIT CREDIT CERTIFICATE Exhibit E AFFORDABLE UNIT CREDIT PROPERTY (Attach map and legal description of credit property .) Exhibit F PROPERTY EXEMPT FROM COMMERCIAL LINKAGE FEE (Attach map and legal description of property exempt from commercial linkage fee.) INCLUSIONARY ZONING REGULATIONS Chapter 8.68 CHAPTER 8.68 INCLUSIONARY ZONING REGULATIONS 8.68.010. Purpose. The purpose of this chapter is to: A. enhance the public welfare and assure that further housing development contributes to the attainment of the City's housing goals by increasing the production of residential units affordable by households of very-low-, low-, and moderate income. B. assure that the limited remaining developable land in the City's planning area is utilized in a manner consistent with the City's housing policies and needs. 8.68.020. Definitions. As used in this chapter, each of the following terms shall be defined as follows: A. "Affordable Unit" means an ownership or rental-housing unit, including senior housing, affordable to households with very-low-, low-, or moderate incomes as defined in this chapter. 1. Rental units are deemed affordable units if the annual rent does not exceed 30% of maximum income level for very-low-, low-, and moderate-income households, adjusted for household size and as defined below. 2. Owner-occupied units are deemed affordable units if the sales price results in annual housing expenses that do not exceed 35% of maximum income level for very-low-, low-, and moderate-income households, adjusted for household size and as defined below. B. "Applicant" means any person, firm, partnership, association, joint venture, corporation, or any entity or combination of entities that seeks city real property development permits or approvals. C. "Dwelling unit" means a dwelling designed and intended for occupancy by one household. D. "Very-low-, low-, and moderate-income levels" means those income and eligibility levels determined periodically by the California Department of Housing and Community Development based on Alameda County median income levels adjusted for family size. Such levels shall be calculated on the basis of gross annual household income considering household size and number of dependents, income of all wage earners, elderly or disabled family members, and all other sources of household income and will be recertified as set forth by local standards, and state and federal housing law. "Very-low income" means 50% or less of the median income, adjusted for actual household size. 2. "Low income" means more than 50% to 80% of the median income, adjusted for actual household size. "Moderate income" means more than 80% to 120% of the median income, adjusted for actual household size. E. "Resale controls and/or rent restrictions" means legal restrictions by which the affordable units shall be restricted to ensure that the unit remains affordable to very-low-, low-, or moderate-income City of Dublin Zoning Ordinance 68-1 September, 1997 Revised January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 households, as applicable, for a period of not less than 55 years. With respect to rental units, such rent restrictions shall be in the form of a regulatory agreement recorded against the applicable property. With respect to owner-occupied units, such resale controls shall be in the form of resale restrictions, deeds of trust, and/or other similar documents recorded against the applicable property. F. "Residential development" includes, without limitation, detached single-family dwellings, multiple- dwelling structures, groups of dwellings, condominium or townhouse developments, condominium conversions, cooperative developments, mixed use developments that include housing units, and residential land subdivisions intended to be sold to the general public. 8.68.030. General Requirements A. 12.5% Affordability Requirement. All new residential development projects of 20 units or more designed and intended for permanent occupancy shall construct 12.5% of the total number of dwelling units within the development as affordable units, except as otherwise provided by this chapter. The foregoing requirement shall be applied no more than once to an approved development (and generally at the tentative map stage), regardless of the changes in the character or ownership of the development, provided the total number of units does not change. In applying and calculating the affordability requirement, any decimal fraction less than or equal to 0.50 may be disregarded, and any decimal fraction greater than 0.50 shall be construed as one unit. B. Allocation of Units to Income Levels. Affordable units provided pursuant to this section shall be allocated to households with very-low, low-, and moderate-income levels as follows: Very-low-income households 30% Low-income households 20% Moderate-income households 50% Where the calculation of the allocation results in fewer units that would otherwise be required pursuant to subdivision A above, one additional unit should be allocated to the income level with a decimal fraction closest to 0.50. C. Conditions of Approval: Any tentative map, conditional use permit, or site development review approving residential development projects subject to this chapter shall contain conditions sufficient to ensure compliance with the provisions of this chapter. Such conditions shall detail the number of affordable units required, specify the schedule of construction of affordable units, set forth the applicant's manner of compliance with this chapter, and require the execution of an agreement imposing appropriate resale controls and/or rental restrictions on the affordable units. D. Concurrent Construction. All affordable units in a project or phase of a project shall be constructed concurrently with market-rate units, unless the City Manager determines in writing that extenuating circumstances exist that make concurrent construction infeasible or impractical. E. Design and Distribution of Affordable Units. All affordable units shall reflect the range of numbers of bedrooms provided in the project as a whole and shall not be distinguished by exterior design, construction, or materials. Affordable units may be of smaller size than the units in the project City of Dublin Zoning Ordinance 68-2 September, 1997 Revised January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 and may have fewer amenities than the market rate units in the project. All affordable units shall be reasonably dispersed throughout the project. 8.68.040. Exceptions to 12.5% Affordability Requirement. Developers of projects subject to 8.68.030.A shall construct 12.5% of the total number of dwelling units within the development as affordable units, unless subject to an exception set forth in this section. All exceptions require City Council approval, which shall be obtained at or prior to the last discretionary approval for the project. A. Payment of Fees In-Lieu of Creation of Affordable Units. Upon request of the applicant, the City Council shall permit the applicant to pay a fee in lieu of constructing up to 40 percent of the affordable units that the developer would otherwise be required to construct pursuant to section 8.68.030.A. The amount of the fee shall be as set forth in a resolution of the City Council, which may be amended from time to time to reflect inflation and changed conditions in the City and the region. In-lieu fees shall be paid at and the time and in the amount set forth in the in-lieu fee resolution in effect at the time of issuance of the building permit. B. Off-Site Projects. An applicant may construct the affordable units not physically within the development in lieu of constructing some or all of the affordable units within the development, with the approval of the City Council, if the City Council finds: that construction of the units off-site in lieu of constructing units on-site is consistent with the chapter's goal of creating, preserving, maintaining, and protecting housing for very low-, low- and moderate-income households. 2. that the units to be constructed off site are consistent with section 8.68.030.E above that it would be infeasible or impractical to construct affordable units on-site. 4. that conditions of approval for the project require that the off-site affordable units would be governed by the terms of a deed restriction and, if applicable, rental restrictions similar to that used for the on-site affordable units. that the conditions of approval for the project, or other security such as a cash deposit, bond, or letter of credit, are adequate to require the construction of the off-site affordable units concurrently with the completion of the construction of the residential development or within a reasonable period (not to exceed 5 years). C. Land Dedication. An applicant may dedicate land to the City or city-designated local non-profit housing developer in lieu of construction of some or all of the required affordable units, if the council finds that: that dedication of land in-lieu of constructing units is consistent with the chapter's goal of creating, preserving, maintaining, and protecting housing for very-low, low- and moderate- income households. 2. that the dedicated land is large enough and appropriately zoned to accommodate the number of units that the applicant would otherwise be required to construct by section 8.68.030.A, is useable for its intended purpose, is free of toxic substances and contaminated soils, and is City of Dublin Zoning Ordinance 68-3 September, 1997 Revised January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 fully improved, with infrastructure, adjacent utilities, grading, and all development-impact fees paid excluding any inclusionary zoning ordinance fees. 3. that the proposed land dedication is of sufficient size to meet the following requirements: a. the dedication includes land sufficient to construct the number of units that the applicant would otherwise be required to construct by Section 8.68.030.A, based on the size of lots in the subdivision for which the applicant is meeting its obligation; and b. in addition, the dedication includes such additional land the market value for which is equal to or exceeds the difference between the value of a market-rate 1200-square foot unit and the price at which such a unit could be sold as an Affordable Unit ($72,176) times the number of units required. D. Credit transfers. An applicant may fully or partially satisfy the requirements of section 8.68.030.A through the use of transfer credits created pursuant to section 8.68.060. Credit certificates shall be presented to the Community Development Director, who shall note at the time of project approval the credit certificate by number. Credit certificates may only be used to satisfy the requirements for Inclusionary Units for the income category (i.e., very low, low, or moderate) and number of bedrooms for which they are issued. E. Waiver of Requirements. The City Council, at its discretion, may waive, wholly or partially, the requirements of this ordinance and approve alternate methods of compliance with this chapter if the applicant demonstrates, and the City Council finds, that such alternate methods meet the purposes of this chapter. 8.68.050. General Procedures for Implementing Inclusionary Zoning Requirements A. Agreements. Prior to the issuance of a building permit for an affordable unit, resale restrictions or rental controls, or both, as the case may be, shall be set forth in an agreement between the City and the developer, in a form consistent with the City Council-adopted form agreement, which agreement shall be recorded against the property containing the affordable units. The agreement shall be executed by the City Manager, and its requirements shall run with the land and bind the applicant's successors. B. Rental Units; Occupancy; Annual Report. Agreements involving rental units shall require the owner of the affordable units to ensure that the units are occupied by tenants whose monthly income levels do not exceed moderate income levels and shall preclude tenants from subletting or subleasing the unit. The agreement shall also require the owner of the affordable unit to submit an annual report to the City Manager, in a format approved by the City. The report shall include, but not be limited to the following information: an identification of the affordable units within the project; the monthly rents charged and proposed to be charged; vacancy information for the prior year; and the monthly income for tenants of each affordable unit throughout the prior year. C. Ownership Units; Occupancy; City's Right of First Refusal. Agreements for ownership units shall specify that the inclusionary units must be occupied by the owner or owners and may not be leased or rented without the written approval of the City. The resale restrictions shall provide that in City of Dublin Zoning Ordinance 68-4 September, 1997 Revised January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 the event of the sale of an affordable unit, the City shall have the right to purchase any affordable owner-occupant unit at the maximum price that could be charged to an eligible household. D. Selection Criteria. No household shall be permitted to occupy a unit that is required under this chapter to be affordable unless the City or its designee has approved the household's eligibility. Eligible potential occupants of affordable units will be qualified on the basis of household income, the median combined household income statistics for Alameda County published periodically by the California Department of Housing and Community Development, all sources of household income and assets, the relationship between household size and the size of available units, and any further criteria required by law. The developer shall use an equitable selection method established in conformance with the terms of this chapter. The selection criteria may not distinguish between adults and children. Selection of qualified person should be based on priorities established in the City's Affordable Housing Program as noted below: ^ Employed within the boundaries of the City of Dublin (3 points, one per household) ^ Public Service employee working in the City of Dublin (1 additional point) ^ Dublin resident (3 points, one per household) ^ Seniors (1 point, one per household) ^ Permanently disables (1 point, one per household) To qualify as "Employed within the boundaries of the City of Dublin," the person shall have been employed with the City of Dublin for at least six months. To qualify as a "Dublin resident," the person shall have been a resident of the City of Dublin for at least aone-year period prior to the eligibility determination. 8.68.060. Affordable Unit Credits. A. Creation. Affordable unit credits may be created by the City Council. One affordable unit credit certificate shall be issued for each affordable unit constructed in excess of the number of affordable units required to be constructed for the project by Section 8.68.030.A. The certificate shall designate a specific income category (i.e., very-low-, low-, or moderate income) and number of bedrooms for which they are issued. B. Ownership and use of credits. Affordable unit credit certificates are issued to and become the possession of the project owner, who may then use them to satisfy the requirements of this chapter for another project in the City. If a project owner proposes to sell credit certificates, the parties shall first obtain the consent of the Community Development Director, who will document the transfer by certificate number. 8.68.070. Incentives to Encourage On-Site Construction of Affordable Units. The City may, but shall not be required to, offer incentives or financial assistance to encourage the on-site construction of affordable units in excess of 12.5% of the total number of units in the project to the extent resources for this purpose are available and approved for such use by the City Council or City Manager. Such incentives may include, but shall not be limited to, the following: City of Dublin Zoning Ordinance 68-5 September, 1997 Revised January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 A. Fee Deferral. Development Processing Fees. The City Manager may approve deferred payment of City processing fees applicable to the review and processing of the project. The terms and payment schedule of the deferred fees shall be subject to the approval of the City Manager. 2. Development Impact Fees. The City Council may authorize the deferred payment of development impact fees applicable to the affordable units. Approval of this incentive requires demonstration by the Applicant that the deferral increases the project's feasibility. The applicant must provide appropriate security to ensure future payment of such fees. B. Design Modifications. The City Council may approve design modifications to affordable units that increase the feasibility of the construction of affordable units, including but not limited to, the following: 1. Reduced lot size. 2. Reduced setback requirements. Reduced open space requirements. 4. Reduced landscaping requirements. Reduced interior or exterior amenities. 6. Reduction in parking requirements. 7. Height restriction waivers. 8.68.080. Inclusionary Zoning In-Lieu Fee Fund. In-lieu Fees shall be deposited into a fund known as the "Inclusionary Zoning In-Lieu Fees Fund" ("Fund"). A. Use. All monies in the Fund, together with any interest earnings on such monies less reasonable administrative charges, shall be used or committed to use by the City for the purpose of providing very-low-, low-, and moderate-income ownership or rental housing in the City of Dublin. B. Annual report. The City Manager shall prepare an annual report to the City Council identifying the balance of monies in the Fund and the affordable units provided and any monies committed to providing very-low-, low-, and moderate-income housing. The annual report shall also include a review of administrative charges. 8.68.090. Violations. It shall be unlawful for any person, firm, corporation, partnership or other entity that is subject to this ordinance pursuant to section 8.68.030.A to violate any provision or to fail to comply with any of the requirements of this chapter. A violation of any of the provisions or failing to comply with any of the requirements of this Chapter shall constitute a misdemeanor; except that notwithstanding any other provisions of this Code, any such violation constituting a misdemeanor under this chapter, may in the discretion of the enforcing authority, be charged and prosecuted as an infraction. Any person convicted of an infraction under the provisions of this Code shall be punishable as provided by the Government Code of the State of California. City of Dublin Zoning Ordinance 68-6 September, 1997 Revised January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 8.68.100. Enforcement. A. General. The City Manager shall enforce this chapter, and its provisions shall be binding on all agents, successors, and assigns of an applicant. The City Manager may suspend or revoke any building permit or approval upon finding a violation of any provision of this chapter. No land-use approval, building permit, or certificate of occupancy shall be issued for any residential development unless exempt from or in compliance with this chapter. The City may institute any appropriate legal actions or proceedings necessary to ensure compliance herewith, including, but not limited to, actions to revoke, deny, or suspend any permit or development approval. B. Excessive rents/legal action. If the City Manager determines that rents in excess of those allowed by operation of this chapter have been charged to a tenant residing in an affordable unit, the City may take appropriate legal action to recover, and the project owner shall be obligated to pay to the tenant, or to the City in the event the tenant cannot be located, any excess rents charged. 8.68.110. Appeals. Decisions of the City Manager under this Chapter may be appealed as provided in Chapter 8.136. City of Dublin Zoning Ordinance 68-7 September, 1997 Revised January 2003 Credit No. CITY OF DUBLIN AFFORDABLE UNIT CREDIT CERTIFICATE This Certificate is awarded by the City of Dublin ("City"} to the Lin Family (Chang Su- O-Lin, Hong Lien Lin and Hong Yao Lin) ("Developer") pursuant to the Fairway Ranch Development Agreement dated between the City and the Developer. By virtue of having constructed affordable housing in the Fairway Ranch Project, Developer is entitled to an affordable unit credit in the amount of units. This certificate is effective as of occupancy was issued for certificate will terminate on effective date. the date the certificate of (address and building number). The credit which is thirty (30) years after its Developer may use these credits to satisfy the requirements of the Inclusionary Zoning Regulations for any residential development consisting of up to a maximum of 2,655 units in the Affordable Unit Credit Property (Exhibit E of the Fairway Ranch Development Agreement), provided that Developer is in compliance with all requirements of the Fairway Ranch Development Agreement, the Regulatory Agreements and the Loan Agreement referenced in such development agreement. All other aspects of the credit which are not specified in this Credit Certificate shall be as provided in the Fairway Ranch Development Agreement and Inclusionary Zoning Regulations which are attached to such agreement as Exhibit C. CITY OF DUBLIN Date City Manager ~_ DUDLIN RANCH WES CHANG SU-O L1N [** ~-__ ---~- APN A$6-0004-005-01 I llUHL1N RANCH NORTH HONG LIEN'LIN HONG YAO L-N AY1 95~-0001-002 ~ ~ Exhibit E ~.:.. y~_- ....= - ~=580 . _, n_ . ,~ , .fi. - _ _ .. ~: Faurrvap Ranch Apartment Affordable Unit Credit PropertX cu,nmanitysite Dublin .Ranch t~c-s ~, ~ ..... ....~a ~„~,.,~.~. _/ ~`~--_ DI:SLIN RAtiCH «'EST CHANG 5C-0 LIN APN 986-OOO~t-(t05-01 Recording requested by and when recorded, return to: City of Dublin 100 Civic Plaza Dublin, CA 94568 Attn: City Clerk Space above this line for Recorder's Use DEVELOPMENT AGREEMENT BETWEEN THE CITY OF DUBLIN AND Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin DUBLIN RANCH SENIOR HOUSING COMPONENT ~~~~~~~s THIS DEVELOPMENT AGREEMENT (this "Agreement"), dated for reference purposes as of , 2003, is entered into by and between the City of Dublin, a Municipal Corporation ("City"), and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer"). City and Developer are hereafter collectively referred to as the "Parties." RECITALS A. California Government Code Section 65864 et seq. and Chapter 8.56 of the Dublin Municipal Code (hereafter "Chapter 8.56") authorize the City to enter into an agreement for the development of real property with any person having a legal or equitable interest in such property in order to establish certain development rights in such property. B. Developer holds legal interest in certain real property (the "Property") consisting of approximately acres of land, located in the City of Dublin, County of Alameda, which property is designated as Parcel 1 on Tentative Tract Map No. 7453 and which is more particularly described in Exhibit A attached hereto. C. The Dublin City Council ("City Council") adopted the Eastern Dublin Specific Plan ("Plan") by Resolution No. 53-93 which Plan is applicable to the Property and requires the developer of the Property to enter into a development agreement with City. D. The Developer and City are parties to that certain Master Development Agreement between the City of Dublin and the Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G and H) ("Master Development Agreement"), which agreement requires the developer of the Property to enter into this development agreement with City, provided that such development agreement does not impair any developer's rights under the Master Development Agreement. E. Developer proposes to develop the Property for senior housing (the "Senior Housing Component") which shall consist of 322 multi-family rental units, of which 292 units shall be affordable units available at affordable rents to households of very low, low and moderate-income pursuant to the City's Inclusionary Zoning Ordinance (Chapter 8.68) (the "Project"). As more particularly described in the Affordable Housing Regulatory Agreement executed or to be executed by and between City and Developer ("Regulatory Agreement"), the Developer and its successors in interest shall be required to maintain the affordability of the affordable units and the availability of such units to households of the specified income levels for not less than 55 years. F. Developer has applied for, and City has approved or is processing, various land use approvals in connection with the development of the Project. Development Agreement Page 1 of 16 Fairway Ranch Senior Housing Component 633098-3 Developer has also applied for, and City has approved or is processing, similar land use approvals in connection with the development of Parcels 2 and 3 of Tract 7453. The land use approvals for the Senior Housing Component include Tentative Tract Map for Tract 7453 (Planning Commission Resolution No. 03- ), and a density bonus of 68 units and site development review (City Council Resolution No. (collectively, the "Project Approvals"). G. Developer and City have entered into a development agreement that, among other things, addresses phasing of development for Parcel 1 (Senior Housing Component), Parcel 2 (Multifamily Component) and Parcel 3 (Condominium Component) of Tract 7453 (the "Fairway Ranch Development Agreement"). Developer and City have also entered into development agreements specifically for the Multi-Family Housing Component and the Condominium Component (the "Component Development Agreements"). H. City desires the timely, efficient, orderly and proper development of the Project, and City and Developer desire to facilitate development of the Project in accordance with and subject to the terms and conditions set forth herein. I. The City Council has reviewed and evaluated this Agreement in accordance with Chapter 8.56, and has found that this Agreement is consistent with the City's General Plan and the Eastern Dublin Specific Plan. J. Pursuant to the California Environmental Quality Act (CEQA), the City Council adopted Resolution No. ,finding that the Project is exempt from CEQA pursuant to Government Code §65457. In making such determination and determining that there are no supplemental impacts that would require preparation of a Supplemental EIR, the City prepared an Initial Study which found that the environmental impacts of the Project were addressed by the Negative Declaration approved by the City Council by Resolution No. 140-97 for the Planned Development Rezoning for 453 acres of Dublin Ranch which includes the Property and the Project and the Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council by Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22, 1994 (collectively, the "EIR"). K. On , 2003, the City Council adopted Ordinance No. _ approving this Agreement. The ordinance took effect on , 2003. NOW, THEREFORE, with reference to the foregoing recitals and inconsideration of the mutual promises, obligations and covenants herein contained, City and Developer agree as follows. Development Agreement Page 2 of 16 Fairway Ranch Senior Housing Component 633098-3 1. Description of Property. The property which is the subject of this Development Agreement is described in Exhibit A attached hereto ("Property"). 2. Interest of Developer. The Developer has a legal or equitable interest in the Property in that it owns the Property in fee simple. 3. Relationship of City and Developer. It is understood that this Agreement is a contract that has been negotiated and voluntarily entered into by City and Developer and that the Developer is not an agent of City. The City and Developer hereby renounce the existence of any form of joint venture or partnership between them, and agree that nothing contained herein or in any document executed in connection herewith shall be construed as making the City and Developer joint venturers or partners. 4. Effective Date and Term. 4.1 Effective Date. The effective date of this Agreement ("Effective Date") is , 2003, which is the effective date of City Ordinance No. ,adopting this Agreement. 4.2 Term. The term of this Agreement shall commence on the Effective Date and shall terminate on the fifth anniversary of such date, unless this Agreement is otherwise terminated or extended pursuant to the terms hereof. Notwithstanding anything to the contrary contained herein or in the Site Development Review approval: (i) provided that construction of the Project has commenced prior to the fifth anniversary of the Effective Date of this Agreement, the Site Development Review approval shall remain effective for five years following the Effective Date of this Agreement, and (ii) provided that certificates of occupancy have been issued for either the entire Multi-Family Component or the entire Senior Housing Component prior to expiration of the term of this Agreement, the Site Development Review approval (Resolution No. )shall remain effective until the tenth anniversary of the Effective Date. 4.3 Optional Extension. Prior to the termination of this Development Agreement, as provided in Section 4.2, Developer may extend the term of the Development Agreement. To do so, Developer shall give City written notice at least 90 days prior to the termination date of the Development Agreement. At the time Developer provides such notice, Developer shall make a contribution to City in the amount of One Hundred Thousand Dollars ($100,000). Upon receipt of the notice and the contribution, the City Manager shall approve the extension and shall notify the Developer in writing that the term of the Development Agreement Development Agreement Page 3 of 16 Fairway Ranch Senior Housing Component 633098-3 has been automatically extended for an additional one-year period, commencing on the date the Development Agreement would otherwise have terminated. The Developer may exercise its option to extend the Development Agreement no more than five times, for a maximum total term of the Development Agreement of ten years. The total contribution for the maximum extension of five years will be Five Hundred Thousand Dollars ($500,000). Notwithstanding anything to the contrary in this Section, if Developer has provided the notice and contribution to extend one of the Component Development Agreements, Developer shall not be required to provide the $100,000 contribution to extend the term of this Development Agreement and this Agreement will automatically be extended to be coterminous with such Component Development Agreement. 5. Use of the Property. 5.1 Right to Develop. Developer shall have the vested right to develop the Project on the Property in accordance with the terms and conditions of this Agreement, the Project Approvals, and any amendments to any of them as shall, from time to time, be approved pursuant to this Agreement. 5.2 Permitted Uses. The permitted uses of the Property, the density and intensity of use, the maximum height, bulk and size of proposed buildings, provisions for reservation or dedication of land for public purposes and location and maintenance of on-site and off-site improvements, location of public utilities (operated by City) and other terms and conditions of development applicable to the Property, shall be those set forth in this Agreement, the Project Approvals and any amendments to this Agreement or the Project Approvals. 5.3 Additional Conditions. Provisions for the following ("Additional Conditions") are set forth in Exhibit B attached hereto. 5.3.1 Subsequent Discretionary Approvals. Conditions, terms, restrictions, and requirements for subsequent discretionary actions. (These conditions do not affect Developer's responsibility to obtain all other land use approvals required by the ordinances of the City of Dublin and any other approvals required by other regulatory agencies.) None 5.3.2 Mitigation Conditions. Additional or modified conditions agreed upon by the Parties in order to eliminate or mitigate adverse environmental impacts of the Project or otherwise relating to development of the Project. See Exhibit B 5.3.3 Phasing, Timing. Provisions that the Project be constructed in specified phases, that construction shall commence within a specified Development Agreement Page 4 of 16 Fairway Ranch Senior Housing Component 633098-3 time, and that the Project or any phase thereof be completed within a specified time. See Exhibit B 5.3.4 Financing Plan. Financial plans which identify necessary capital improvements such as streets and utilities and sources of funding. See Exhibit B 5.3.5 Fees, Dedications. Terms relating to payment of fees or dedication of property. See Exhibit B 5.3.6 Reimbursement. Terms relating to subsequent reimbursement over time for financing of necessary public facilities. See Exhibit B 5.3.7 Miscellaneous. Miscellaneous terms. See Exhibit B 6. Applicable Rules, Regulations and Official Policies. 6.1 Rules Regarding Permitted Uses. For the term of this Agreement, the City's ordinances, resolutions, rules, regulations and official policies governing the permitted uses of the Property, the density and intensity of use of the Property, and the maximum height, bulk and size of proposed buildings shall be those in force and effect on the Effective Date hereof. 6.2 Rules Regarding Design and Construction. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to the Project shall be those in force and effect on the Effective Date hereof. Ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to public improvements to be constructed by Developer shall be those in force and effect at the time the applicable permit approval is granted. 6.3 Uniform Codes Applicable. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the Project shall be constructed in accordance with the provisions of the Uniform Building, Mechanical, Plumbing, Electrical and Fire Codes and Title 24 of the California Code of Regulations, relating to Building Standards, in effect at the time of approval of the appropriate building, grading, or other construction permits for the Project. Development Agreement Page 5 of 16 Fairway Ranch Senior Housing Component 633098-3 7. Subseauently Enacted Rules and Regulations. 7.1 New Rules and Regulations. During the term of this Agreement, the City may apply new or modified ordinances, resolutions, rules, regulations and official policies of the City to the Property which were not in force and effect on the Effective Date and which are not in conflict with those applicable to the Property as set forth in this Agreement if: (a) the application of such new or modified ordinances, resolutions, rules, regulations or official policies would not prevent, impose a substantial financial burden on, or materially delay development of the Property as contemplated by this Agreement and the Project Approvals, and (b) if such ordinances, resolutions, rules, regulations or official policies have general applicability. 7.2 Approval of Application. Nothing in this Agreement shall prevent the City from denying or conditionally approving any subsequent discretionary land use approval for the Project on the basis of the ordinances, resolutions, rules, regulations and policies in effect at the time of such approval. 7.3 Moratorium Not Applicable. Notwithstanding anything to the contrary contained herein, in the event an ordinance, resolution or other measure is enacted, whether by action of City, by initiative, referendum, or otherwise, that imposes a building moratorium, a limit on the rate of development or a voter- approval requirement which affects the Project on all or any part of the Property, City agrees that such ordinance, resolution or other measure shall not apply to the Project, the Property, this Agreement or the Project Approvals unless the building moratorium is imposed as part of a declaration of a local emergency or state of emergency as defined in California Government Code § 8558. 8. Subsequently Enacted or Revised Fees, Assessments and Taxes. 8.1 Fees, Exactions, Dedications- City and Developer agree that the fees payable and exactions required in connection with the development of the Project for purposes of mitigating environmental and other impacts of the Project, providing infrastructure for the Project and complying with the Specific Plan shall be those set forth in the Project Approvals and in this Agreement (including Exhibit B). The City shall not impose or require payment of any other fees, dedications of land, or construction of any public improvement or facilities, shall not increase or accelerate existing fees, dedications of land or construction of public improvements, or impose other exactions in connection with any subsequent discretionary approval for the Property, except as set forth in the Project Approvals and this Agreement (including Exhibit B, Section 5.3.5). 8.2 Revised Application Fees. Any existing application, processing and inspection fees that are revised during the term of this Agreement shall apply to the Project provided that (1) such fees have general applicability; (2) the Development Agreement Page 6 of 16 Fairway Ranch Senior Housing Component 633098-3 application of such fees to the Property is prospective; and (3) the application of such fees would not prevent development in accordance with this Agreement. 8.3 New Taxes. Any subsequently enacted City-wide taxes shall apply to the Project provided that: (1) the application of such taxes to the Property is prospective; and (2) the application of such taxes would not prevent development in accordance with this Agreement. 8.4 Assessments. Nothing herein shall be construed to relieve the Property from assessments levied against it by City pursuant to any statutory procedure for the assessment of property to pay for infrastructure and/or services which benefit the Property. 8.5 Vote on Future Assessments and Fees. In the event that any assessment, fee or charge which is applicable to the Property is subject to Article XIIID of the California Constitution, and Developer does not return its ballot, Developer agrees, on behalf of itself and its successors, that City may count Developer's ballot as affirmatively voting in favor of such assessment, fee or charge. 9. Amendment or Cancellation. 9.1 Modification Because of Conflict with State or Federal Laws. In the event that state or federal laws or regulations enacted after the Effective Date prevent or preclude compliance with one or more provisions of this Agreement or require changes in plans, maps or permits approved by the City, the Parties shall meet and confer in good faith in a reasonable attempt to modify this Agreement to comply with such federal or state law or regulation. Any such amendment or suspension of the Agreement shall be approved by the City Council in accordance with Chapter 8.56. 9.2 Amendment by Mutual Consent. This Agreement may be amended in writing .from time to time by mutual consent of the Parties and in accordance with the procedures of state law and Chapter 8.56. 9.3 Insubstantial Amendments. Notwithstanding the provisions of Section 9.2, any amendments to this Agreement which do not relate to (a) the term of the Agreement as provided in Section 4.2; (b) the permitted uses of the Property as provided in Section 5.2; (c) provisions for "significant" reservation or dedication of land as provided in Exhibit B; (d) conditions, terms, restrictions or requirements for subsequent discretionary actions; (e) the density or intensity of use of the Project; (f) the maximum height or size of proposed buildings; (g) monetary contributions by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) public improvements to be constructed by Developer; Q) the accrual or use of Development Agreement Page 7 of 16 Fairway Ranch Senior Housing Component 633098-3 the Affordable Unit Credits described in Section 5.3.76 of Exhibit B; or (h) the exemption from Commercial Linkage Fee described in Section 5.37.C of Exhibit B shall not, except to the extent otherwise required by law, require notice or public hearing before either the Planning Commission or the City Council before the Parties may execute an amendment hereto. City's Public Works Director shall determine whether a reservation or dedication is "significant". 9.4 Amendment of Project Approvals. Any amendment of Project Approvals relating to: (a) the permitted use of the Property; (b) provision for reservation or dedication of land; (c) conditions, terms, restrictions or requirements for subsequent discretionary actions; (d) the density or intensity of use of the Project; (e) the maximum height or size of proposed buildings; (f) monetary contributions by the Developer; (g) public improvements to be constructed by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) the accrual or use of the Affordable Housing Credits described in Section 5.3.76 of Exhibit B; or (j) the exemption from Commercial Linkage Fee described in Section 5.3.7C of Exhibit B shall require an amendment of this Agreement. Such amendment shall be limited to those provisions of this Agreement which are implicated by the amendment of the Project Approval. Any other amendment of the Project Approvals, or any of them, shall not require amendment of this Agreement unless the amendment of the Project Approval(s) relates specifically to some provision of this Agreement. 9.5 Cancellation by Mutual Consent. Except as otherwise permitted herein, this Agreement may be canceled in whole or in part only by the mutual consent of the Parties or their successors in interest, in accordance with the provisions of Chapter 8.56. Any fees paid pursuant to Section 5.3 and Exhibit B of this Agreement prior to the date of cancellation shall be retained by City. 10. Term of Project Approvals. Pursuant to California Government Code Section 66452.6(a), the term of the tentative tract map described in Recital F above shall automatically be extended for the term of this Agreement. The term of any other Project Approval shall be extended only if so provided in Exhibit B or Section 4.2. 11. Annual Review. 11.1 Review Date. The annual review date for this Agreement shall be between July 15 and August 15, 2004 and each July 15 to August 15 thereafter. 11.2 Initiation of Review. The City's Community Development Director shall initiate the annual review, as required under Section 8.56.140 of Chapter Development Agreement Page 8 of 16 Fairway Ranch Senior Housing Component 633098-3 8.56, by giving to Developer thirty (30) days' written notice that the City intends to undertake such review. Developer shall provide evidence to the Community Development Director prior to the hearing on the annual review, as and when reasonably determined necessary by the Community Development Director, to demonstrate good faith compliance with the provisions of this Agreement. The Developer shall have the burden of proving such compliance by substantial evidence. 11.3 Staff Reports. To the extent practical, City shall deposit in the mail and fax to Developer a copy of all staff reports, and related exhibits relating to this Agreement at least five (5) days prior to any annual review. 11.4 Costs. Costs reasonably incurred by City in connection with the annual review shall be paid by Developer in accordance with the City's schedule of fees in effect at the time of review. 12. Default. 12.1 Other Remedies Available. Upon the occurrence of an event of default hereunder, the Parties may pursue all other remedies at law or in equity which are not otherwise provided for in this Agreement or in City's regulations governing development agreements, expressly including the remedy of specific performance of this Agreement. 12.2 Notice and Cure. Upon the occurrence of an event of default by either Party, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured by the defaulting party within thirty (30) days after service of such notice of default, the nondefaulting party may then commence any legal or equitable action to enforce its rights under this Agreement; provided, however, that if the default cannot be cured within such thirty (30) day period, the nondefaulting party shall refrain from any such legal or equitable action so long as the defaulting party begins to cure such default within such thirty (30) day period and diligently pursues such cure to completion. Failure to give notice shall not constitute a waiver of any default. 12.3 No Damages Against City. Notwithstanding anything to the contrary contained herein, in no event shall damages be awarded against City upon an event of default or upon termination of this Agreement. 13. Estoppel Certificate. Either Party may, at any time, and from time to time, request the other Party to provide a written certification that: (a) this Agreement is in full force and effect and a binding obligation of the Parties, (b) this Agreement has not been amended or modified either orally or in writing, or if amended, identifying such amendments in the certification, and (c) to the knowledge of the certifying Party, Development Agreement Page 9 of 16 Fairway Ranch Senior Housing Component 633098-3 the requesting Party is not in default in the performance of its obligations under this Agreement, or if in default, to describe in the certification the nature and amount of any such defaults. A Party receiving a request hereunder shall execute and return such certification within thirty (30) days following the receipt of such request, or such longer period as may reasonably be agreed to by the Parties. City Manager of City shall be authorized to execute any certification requested by Developer. Should the Party receiving the request not execute and return such certification within the applicable period, this shall not be deemed to be a default, provided such Party shall be deemed to have certified that the statements in clauses (a) through (c) of this section are true, and any party may rely on such deemed certification. Any request by Developer for a written certification to a third party shall be accompanied by payment to City of a fee for such certification in an amount established by the Council from time to time. 14. Mortgagee Protection; Certain Rights of Cure. 14.1 Mortgagee Protection. This Agreement shall be superior and senior to any lien placed upon the Property, or any portion thereof after the date of recording this Agreement, including the lien for any deed of trust or mortgage ("Mortgage"). Notwithstanding the foregoing, no breach hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good faith and for value, the purchaser at any trustee's sale or foreclosure sale shall not be liable for any violation hereof occurring prior to the acquisition of title by such purchaser but all the terms and conditions contained in this Agreement shall be binding upon and effective against any person or entity, including any deed of trust beneficiary or mortgagee ("Mortgagee") who acquires title to the Property, or any portion thereof, by foreclosure, trustee's sale, deed in lieu of foreclosure, or otherwise. 14.2 Mortgagee Not Obligated. Notwithstanding the provisions of Section 14.1, no Mortgagee shall have any obligation or duty under this Agreement, before or after foreclosure or a deed in lieu of foreclosure, to construct or complete the construction of improvements, or to guarantee such construction of improvements, or to guarantee such construction or completion, or to pay, perform or provide any fee, dedication, improvements or other exaction or imposition; provided, however, that a Mortgagee shall not be entitled to devote the Property to any uses or to construct any improvements thereon other than those uses or improvements provided for or authorized by the Project Approvals or by this Agreement. 14.3 Notice of Default to Mortgagee and Extension of Right to Cure. If City receives notice from a Mortgagee requesting a copy of any notice of default given Developer hereunder and specifying the address for service thereof, then City shall deliver to such Mortgagee, concurrently with service thereon to Development Agreement Page 10 of 16 Fairway Ranch Senior Housing Component 633098-3 Developer, any notice given to Developer with respect to any claim by City that Developer has committed an event of default. Each Mortgagee shall have the right during the same period available to Developer to cure or remedy, or to commence to cure or remedy, the event of default claimed set forth in the City's notice. City, through its City Manager, may extend the thirty-day cure period provided in Section 12.2 for not more than an additional sixty (60) days upon request of Developer or a Mortgagee. 15. Severability. The unenforceability, invalidity or illegality of any provision, covenant, condition or term of this Agreement shall not render the other provisions hereof unenforceable, invalid or illegal. 16. Attorneys' Fees and Costs. If City or Developer initiates any action at law or in equity to enforce or interpret the terms and conditions of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs in addition to any other relief to which it may otherwise be entitled. If any person or entity not a party to this Agreement initiates an action at law or in equity to challenge the validity of any provision of this Agreement or the Project Approvals, the Parties shall cooperate in defending such action. Developer shall bear its own costs of defense as a real party in interest in any such action, and shall reimburse City for all reasonable court costs and attorneys' fees expended by City in defense of any such action or other proceeding. 17. Transfers and Assignments. 17.1 Right to Assign. Developer may wish to sell, transfer or assign all or portions of its Property to other developers (each such other developer is referred to as a "Transferee"). In connection with any such sale, transfer or assignment to a Transferee, Developer may sell, transfer or assign to such Transferee any or all rights, interests and obligations of Developer which arise hereunder and pertain to the portion of the Property being sold or transferred to such Transferee; provided, however that: no such transfer, sale or assignment of Developer's rights, interests and obligations hereunder shall occur by operation of law or otherwise absent prior written notice to City and written approval thereof by the City Manager, which approval shall not be unreasonably withheld or delayed. 17.2 Approval and Notice of Sale, Transfer or Assignment. The City Manager shall consider and decide on any proposed transfer, sale or assignment of Developer's rights, interests and obligations hereunder within ten business (10) days following receipt of Developer's notice, provided all documents, certifications and other information reasonably requested by City are provided to Development Agreement Page 11 of 16 Fairway Ranch Senior Housing Component 633098-3 the City Manager to enable the City Manager to determine whether the proposed Transferee can perform the Developer's obligations hereunder. Notice of any such approved sale, transferor assignment (including a description of all rights, interests and obligations that have been transferred and those which have been retained by Developer) shall be recorded in the official records of Alameda County, in a form acceptable to the City Manager, concurrently with such sale, transfer or assignment. 17.3 Effect of Sale, Transfer or Assignment. Developer shall be released from any obligations hereunder sold, transferred or assigned to a Transferee pursuant to this Section 17, provided that: a) such sale, transferor assignment has been approved by the City Manager pursuant to this Section 17, b) such obligations are expressly assumed by Transferee, and (c) such Transferee shall be subject to all the provisions hereof and shall provide all documents, certifications and other information reasonably requested by City prior to City Manager approval pursuant to this Section 17. 17.4 Permitted Transfer, Purchase or Assignment. The sale or other transfer of any interest in the Property to a purchaser ("Purchaser") pursuant to the exercise of any right or remedy under athird-party deed of trust encumbering Developer's interest in the Property shall not require City Manager approval pursuant to this Section 17. However, any subsequent transfer, sale or assignment by such Purchaser to a subsequent transferee, purchaser, or assignee shall be subject to the provisions of this Section. 18. Agreement Runs with the Land. All of the provisions, rights, terms, covenants, and obligations contained in this Agreement (with the exception of City's obligation to provide financing to Developer pursuant to the Loan Agreement) shall be binding upon the Parties and their respective heirs, successors and assignees, representatives, lessees, and all other persons acquiring the Property, or any portion thereof, or any interest therein, whether by operation of law or in any manner whatsoever. All of the provisions of this Agreement shall constitute covenants running with the land pursuant to applicable laws. Each covenant to do, or refrain from doing, any act on or with respect to the Property pursuant to this Agreement: (a) is for the benefit of or is a burden upon the Property, (b) runs with the land, and (c) is binding upon the Developer and each successive owner during its ownership of the Property or any portion thereof. 19. Bankruptcy. The obligations of Developer under this Agreement shall not be dischargeable in bankruptcy. Development Agreement Page 12 of 16 Fairway Ranch Senior Housing Component 633098-3 20. Indemnification; Prevailing Wages. 20.1 Indemnification. Developer agrees to indemnify, defend and hold harmless City, and its elected and appointed councils, boards, commissions, officers, agents, employees, and representatives from any and all claims, costs (including legal fees and costs) and liability for any personal injury or property damage which may arise directly or indirectly as a result of any actions or inactions by the Developer, or any actions or inactions of Developer's contractors, subcontractors, agents, or employees in connection with the construction, improvement, operation, or maintenance of the Property and the Project, provided that Developer shall have no indemnification obligation with respect to the gross negligence or willful misconduct of City, its contractors, subcontractors, agents or employees or with respect to the maintenance, use or condition of any improvement after the time it has been dedicated to and accepted by the City or another public entity (except as provided in an improvement agreement or maintenance bond). 20.2 Prevailing Wages. The Parties acknowledge that the Project or phases of it are intended by Developer to be exempt from California Labor Code Section 1720 et seq. and the regulations adopted pursuant thereto ("Prevailing Wage Laws") by virtue of Labor Code Section 1720(d). If for any reason, the Prevailing Wage Laws are found to be applicable to the Project, Developer and its contractors shall comply with such laws. Developer shall, and hereby agrees to, unconditionally indemnify, reimburse, defend, protect and hold harmless City and its elective and appointive boards, commissions, officers, agents, attorneys, consultants and employees, and their respective successors and assigns, from and against any and all claims, demands, suits and actions at law or in equity, and losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, and costs and damages of every kind, nature and description (including but not limited to attorneys' fees and court costs, with counsel reasonably acceptable to City), and administrative, enforcement or judicial proceedings, whether known or unknown, and which directly or indirectly, in whole or in part, are caused by, arise from, or relate to, or are alleged to be caused by, arise from, or relate to, the payment or requirement of payment of prevailing wages or the requirement of competitive bidding in the construction of the Project, the failure to comply with any state or federal labor laws, regulations or standards in connection with this Agreement, including but not limited to the Prevailing Wage Laws, or any act or omission of City or Developer related to this Agreement with respect to the payment or requirement of payment of prevailing wages or the requirement of competitive bidding, whether or not any insurance policies shall have been determined to be applicable to any such claims, demands, suits, actions, losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, costs, damages, or administrative, enforcement or judicial proceedings. It is further agreed that City does not, and Development Agreement Page 13 of 16 Fairway Ranch Senior Housing Component 633098-3 shall not, waive any rights against Developer which it may have by reason of this indemnity and hold harmless agreement because of the acceptance by City, or the deposit with City by Developer, of any of the insurance policies descri-bed in this Agreement. The representations, warranties and covenants contained in this Section shall survive the termination of this Agreement. 21. Insurance. 21.1 Public Liability and Property Damage Insurance. During the term of this Agreement, Developer shall maintain in effect a policy of comprehensive general liability insurance with aper-occurrence combined single limit of not less than five million dollars ($5,000,000) with a Twenty Five Thousand Dollar ($25,000) self insurance retention per claim. The policy so maintained by Developer shall name the City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement. 21.2 Workers Compensation Insurance. During the term of this Agreement Developer shall maintain Worker's Compensation insurance for all persons employed by Developer for work at the Project site. Developer shall require each contractor and subcontractor similarly to provide Worker's Compensation insurance for its respective employees. Developer agrees to indemnify the City for any damage resulting from Developer's failure to maintain any such insurance. 21.3 Evidence of Insurance. Prior to City Council approval of this Agreement, Developer shall furnish City satisfactory evidence of the insurance required in Sections 21.1 and 21.2 and evidence that the carrier is required to give the City at least fifteen days prior written notice of the cancellation or reduction in coverage of a policy. The insurance shall extend to the City, its elective and appointive boards, commissions, officers, agents, employees and representatives and to Developer performing work on the Project. 22. Sewer and Water. Developer acknowledges that it must obtain water and sewer permits from the Dublin San Ramon Services District ("DSRSD") which is another public agency not within the control of City. 23. Notices. All notices required or provided for under this Agreement shall be in writing. Notices required to be given to City shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dublin, CA 94568 Development Agreement Page 14 of 16 Fairway Ranch Senior Housing Component 633098-3 FAX No. (925) 833-6651 Notices required to be given to Developer shall be addressed as follows: A Party may change address by giving notice in writing to the other party and thereafter all notices shall be addressed and transmitted to the new address. Notices shall be deemed given and received upon personal delivery, or if mailed, upon the expiration of 48 hours after being deposited in the United States Mail. Notices may also be delivered by overnight courier in which case they shall be deemed given on the following day or by facsimile transmission in which case they shall be deemed delivered upon verification of receipt. 24. Agreement is Entire Understanding. This Agreement, the loan commitment letter executed by City and dated 2003, the Component Development Agreements, the Regulatory Agreements, and the Loan Agreements (and related deed(s) of trust and promissory note(s) constitute the entire understanding and agreement of the Parties with respect to the subject matter hereof and supersede all prior negotiations, understandings or agreements pertaining thereto. 25. Exhibits. The following Exhibits are attached hereto and incorporated herein by this reference: Exhibit A Legal Description of Property Exhibit B Additional Conditions 26. Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, and all of which taken together shall constitute one agreement. 27. Recordation; Further Assurances. City shall record a copy of this Agreement within ten days following execution by all Parties. The Parties agree to execute such additional instruments and to undertake such actions as may be necessary to effectuate the intent of this Agreement. Development Agreement Page 15 of 16 Fairway Ranch Senior Housing Component 633098-3 28. Relationship of Fairway Ranch Development Agreement and Component Development Agreement. Although this Agreement does not include all of the provisions of the Fairway Ranch Development Agreement, including but not limited to the provisions of the Fairway Ranch Development Agreement related to phasing of development of Parcels 1, 2 and 3 and compliance with City's Inclusionary Zoning Regulations, the provisions of the Fairway Ranch Development Agreement related to phasing and compliance with the City's Inclusionary Zoning Regulations may restrict the timing of development of the Multifamily Component. IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date and year first written above. CITY OF DUBLIN By: Mayor APPROVED AS TO FORM: City Attorney DEVELOPER By: Print Name: Its: ATTEST: City Clerk By: Development Agreement Page 16 of 16 Fairway Ranch Senior Housing Component 633098-3 State of California County of Alameda On , 2003, before me, the undersigned, a Notary Public, in and for said State and County, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary Public Exhibit A LEGAL DESCRIPTION OF PROPERTY Parcel of Tract Map 7453, recorded. Exhibit B ADDITIONAL CONDITIONS This Exhibit B contains Additional Conditions imposed pursuant to Section 5_3 of the Development Agreement ("Agreement"), by and between the City of Dublin, a Municipal Corporation ("City") and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer") dated as of , 2003. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement. 5.3.1 Subsequent Discretionary Approvals None. 5.3.2 Mitigation Conditions A. Infrastructure Sequencing Program. The infrastructure sequencing program for the Project is set forth below. (i) Roads: The project-specific roadway improvements (and offers of dedication) identified in Resolution No. of the City of Dublin Planning Commission approving the Tentative Map for Tract 7453 and the City Council Resolution approving the Site Development Review (hereafter "TM and SDR Resolutions"), and those described below shall be completed by Developer to the satisfaction of the City Engineer at the times and in the manner specified in the TM Resolution unless otherwise provided below. All such roadway improvements shall be constructed to the satisfaction and requirements of City's Engineer. -Condition _ [Dublin Boulevard/Dougherty Road Intersection Improvements]: Condition reads as follows: Intersection of Dougherty Road & Dublin Blvd. In the event that the City does not have sufficient Category 2 Eastern Dublin Traffic Impacf Fee (TIF) funds available, Developer shall advance the City monies for the costs of design, right-of-way acquisition and construction of the City Capital Improvement Project at the Dublin Boulevard / Dougherty Road intersection. The amount of money to be advanced will be determined by the City Development Agreement - Exhibit B Page 1 of 6 Fairway Ranch Senior Housing Component 633098-3 Engineer based on the Project's fair share of the deficiency. Such payment is to be made within 30 days of written notice from the City Engineer. City shall provide a credit to the Developer for Category 2 TIF for any monies advanced pursuant to this condition. The City's Administration Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99) shall govern all aspects of the credit. DEVELOPER shall provide CITY with DEVELOPER's fair share, as determined by CITY on the basis of the Project's trips, for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements by a payment to CITY in cash in the amount of the Project's fair share of the deficiency, if any, between funds available to CITY for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements and the cost of such project, as determined by the Public Works Director. Such payment to be made within 30 days of written notice from the Public Works Director to be given following bid opening. Notwithstanding the provisions of Section _ of this Agreement, Condition _ shall survive termination of this Agreement. (ii) Sewer. All sanitary sewer improvements to serve the project site (or any recorded phase of the Project) shall be completed in accordance with DSRSD requirements. (iii) Water. An all weather roadway and an approved hydrant and water supply system shall be available and in service at the site in accordance with the tentative map conditions of approval to the satisfaction and requirements of the City's fire department. All potable water system components to serve the project site shall be completed in accordance with the DSRSD requirements. Recycled water lines shall be installed in accordance with the tentative map conditions of approval. Development Agreement - Exhibit B Page 2 of 6 Fairway Ranch Senior Housing Component 633098-3 (iv) Storm Drainage The storm drainage systems off site, as well as on site drainage systems to the areas to be occupied, shall be improved consistent with the Dublin Ranch Master Drainage Plan and the tentative map conditions of approval and to the satisfaction of the City Engineer (v) Other Utilities (e.q. gas, electricity, cable televisions, telephone) Construction shall be completed by phase prior to issuance of the first Certificate of Occupancy for any building within that specific phase of occupancy. B. Miscellaneous (i) Completion of Public Improvements May Be Deferred. Notwithstanding the foregoing, City's Engineer may, in his or her sole discretion and upon receipt of documentation in a form satisfactory to the City Engineer that assures completion, allow Developer to defer completion of discrete portions of any public improvements for the Project if the Public Works Director determines that to do so would not jeopardize the public health, safety or welfare. 5.3.3 Phasing; Timing This Agreement does not require the Developer to commence or complete development of the Project within any period of time set by City. Subject to the provisions of the Fairway Ranch Development Agreement, Developer shall be permitted to develop the Property in accordance with its own time schedule, consistent with the Project Approvals. 5.3.4 Financing Plan Developer shall install all improvements necessary for the Project at its own cost (subject to credits for any improvements which qualify for credits as provided in Section 5.3.6 below). Other infrastructure necessary to provide sewer, potable water, and recycled water services to the Project will be made available by the Dublin San Ramon Services District. Developer will enter into an "Area Wide Facilities Agreement" with the Dublin San Ramon Services District to pay for the cost of extending such services to the Project. Such services shall be provided as set forth in Sections 5.3.2(A)(ii) and (iii) above. Development Agreement - Exhibit B Page 3 of 6 Fairway Ranch Senior Housing Component 633098-3 Pursuant to the terms of that certain loan agreement entered into by and between City and Developer ("Loan Agreement"), and provided that Developer has complied with all terms and conditions of the Loan Agreement, City shall provide a loan to Developer to provide partial financing for construction of the Project's affordable units. 5.3.5 Fees, Dedications A. Traffic Impact Fees. Developer shall pay the Eastern Dublin Traffic Impact Fee ("TIF") established by Resolution No. 225-99, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Developer further agrees that it will pay a minimum of three percent (3%) of the "Section 1/Category 1" portion of the TIF in cash. Developer also agrees that it will pay 12.4% of the "Section 2/Category 2" portion of the TIF in cash. If City amends its TIF fee and as a result the City's outstanding balance due on loans is less than 12.4% of total Section 2/Category 2 improvements, the Developer shall pay such reduced percentage of the "Section 2/Category 2" portion of the TIF in cash. Developer may use any credits it has for payment of the balance of the TIF in accordance with City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 "TIF Guidelines"). B. Traffic Impact Fee to Reimburse Pleasanton for Freeway Interchanges. Developer shall pay the Eastern Dublin I-580 Interchange Fee established by City of Dublin Resolution No. 11-96 as amended by Resolution No. 155-98 and by any subsequent resolution which revises such Fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. C. Public Facilities Fees. Developer shall pay a Public Facilities Fee established by City of Dublin Resolution No. 214-02, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the then-current amount of the fee. Developer may use the Development Agreement - Exhibit B Page 4 of 6 Fairway Ranch Senior Housing Component 633098-3 credits for payment of the Community Park Land portion of the Public Facilities Fee granted to the Lin Family by the Master Development Agreement in accordance with City's Public Facilities Fee Guidelines (Resolution 195-99). D. Noise Mitigation Fee. Developer shall pay a Noise Mitigation Fee established by City of Dublin Resolution No. 33-96, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. E. School Impact Fees. School impact fees shall be paid by Developer in accordance with California Government Code Section 53080 and the agreement between Developer and the Dublin Unified School District regarding payment of mitigation fees. F. Fire Impact Fees. Developer shall pay a fire facilities fee established by City of Dublin Resolution No. 12-03 including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. Developer may use any credits it has for payment of the fire facilities fee, provided credits for improvements, land and equipment may only be used to satisfy payment of the same components of the fire facilities fee. G. Tri-Valley Transportation Development Impact Fee. Developer shall pay the Tri-Valley Transportation Development Fee in the amount and at the times set forth in City of Dublin Resolution No. 89-98 or any subsequent resolution which revises such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. 5.3.6 Credit A. Traffic Impact Fee Improvements --Credit City shall provide a credit to Developer for those improvements described in the resolution establishing the Eastern Dublin Traffic Impact Fee if such improvements are constructed by the Developer in their ultimate location. Development Agreement - Exhibit B Page 5 of 6 Fairway Ranch Senior Housing Component 633098-3 All aspects of the credit shall be covered by City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 ("TIF Guidelines"). B. Traffic Impact Fee Right-of-Way Dedications --Credit City shall provide a credit to Developer for any TIF area right-of- way to be dedicated by Developer to City which is required for improvements which are described in the resolution establishing the Eastern Dublin Traffic Impact Fee. All aspects of the credits shall be governed by the TIF Guidelines. 5.3.7 Miscellaneous A. Affordable Units In accordance with the City's Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68), the Fairway Ranch Development Agreement and the Regulatory Agreement, Developer shall ensure that 292 housing units constructed as part of the Project shall be available for a period of not less than 55 years to households of very low, low- and moderate-income at affordable housing cost as follows: Senior Housing Component --131 moderate income units --99 low income units --64 very low income units B. Survival. The provisions of this Section 5.3.7 shall survive the expiration of the term of the Agreement. Development Agreement - Exhibit B Page 6 of 6 Fairway Ranch Senior Housing Component 633098-3 Recording requested by and when recorded, return to: City of Dublin 100 Civic Plaza Dublin, CA 94568 Attn: City Clerk Space above this line for Recorder's Use DEVELOPMENT AGREEMENT BETWEEN THE CITY OF DUBLIN AND Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin DUBLIN RANCH FAIRWAY RANCH MULTIFAMILY COMPONENT THIS DEVELOPMENT AGREEMENT (this "Agreement"), dated for reference purposes as of , 2003, is entered into by and between the City of Dublin, a Municipal Corporation ("City"), and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer"). City and Developer are hereafter collectively referred to as the "Parties." RECITALS A. California Government Code Section 65864 et seq. and Chapter 8.56 of the Dublin Municipal Code (hereafter "Chapter 8.56") authorize the City to enter into an agreement for the development of real property with any person having a legal or equitable interest in such property in order to establish certain development rights in such property. B. Developer holds legal interest in certain real property (the "Property") consisting of approximately acres of land, located in the City of Dublin, County of Alameda, which property is designated as Parcel 2 on Tentative Tract Map No. 7453 and which is more particularly described in Exhibit A attached hereto. C. The Dublin City Council ("City Council") adopted the Eastern Dublin Specific Plan ("Plan") by Resolution No. 53-93 which Plan is applicable to the Property and requires the developer of the Property to enter into a development agreement with City. D. The Developer and City are parties to that certain Master Development Agreement between the City of Dublin and the Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G and H) ("Master Development Agreement"), which agreement requires the developer of the Property to enter into this development agreement with City, provided that such development agreement does not impair any developer's rights under the Master Development Agreement. E. Developer proposes to develop the Property for multi-family housing (the "Multifamily Component") which shall consist of 304 multi-family rental units, of which 243 units shall be affordable units available at affordable rents to households of very low, low and moderate-income pursuant to the City's Inclusionary Zoning Ordinance (Chapter 8.68) (the "Project"). As more particularly described in the Affordable Housing Regulatory Agreement executed or to be executed by and between City and Developer ("Regulatory Agreement"), the Developer and its successors in interest shall be required to maintain the affordability of the affordable units and the availability of such units to households of the specified income levels for not less than 55 years. F. Developer has applied for, and City has approved or is processing, various land use approvals in connection with the development of the Project. Development Agreement Page 1 of 16 Fairway Ranch Multifamily Component 631035-3 Developer has also applied for, and City has approved or is processing, similar land use approvals in connection with the development of Parcels 1 and 3 of Tract 7453. The land use approvals for the Multifamily Component include Tentative Tract Map for Tract 7453 (Planning Commission Resolution No. 03- ), and a density bonus of 59 units and site development review (City Council Resolution No. (collectively, the "Project Approvals"). G. Developer and City have entered into a development agreement that, among other things, addresses phasing of development for Parcel 1 (Senior Housing Component), Parcel 2 (Multifamily Component) and Parcel 3 (Condominium Component) of Tract 7453 (the "Fairway Ranch Development Agreement"). Developer and City have also entered into development agreements specifically for the Senior Housing Component and the Condominium Component (the "Component Development Agreements"). H. City desires the timely, efficient, orderly and proper development of the Project, and City and Developer desire to facilitate development of the Project in accordance with and subject to the terms and conditions set forth herein. I. The City Council has reviewed and evaluated this Agreement in accordance with Chapter 8.56, and has found that this Agreement is consistent with the City's General Plan and the Eastern Dublin Specific Plan. J. Pursuant to the California Environmental Quality Act (CEQA), the City Council adopted Resolution No. ,finding that the Project is exempt from CEQA pursuant to Government Code §65457. In making such determination and determining that there are no supplemental impacts that would require preparation of a Supplemental EIR, the City prepared an Initial Study which found that the environmental impacts of the Project were addressed by the Negative Declaration approved by the City Council by Resolution No. 140-97 for the Planned Development Rezoning for 453 acres of Dublin Ranch which includes the Property and the Project and the Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council by Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22, 1994 (collectively, the "EIR"). K. On , 2003, the City Council adopted Ordinance No. approving this Agreement. The ordinance took effect on , 2003. NOW, THEREFORE, with reference to the foregoing recitals and inconsideration of the mutual promises, obligations and covenants herein contained, City and Developer agree as follows. Development Agreement Page 2 of 16 Fairway Ranch Multifamily Component 631035-3 Description of Property. The property which is the subject of this Development Agreement is described in Exhibit A attached hereto ("Property"). 2. Interest of Developer. The Developer has a legal or equitable interest in the Property in that it owns the Property in fee simple. 3. Relationship of City and Developer. It is understood that this Agreement is a contract that has been negotiated and voluntarily entered into by City and Developer and that the Developer is not an agent of City. The City and Developer hereby renounce the existence of any form of joint venture or partnership between them, and agree that nothing contained herein or in any document executed in connection herewith shall be construed as making the City and Developer joint venturers or partners. 4. Effective Date and Term. 4.1 Effective Date. The effective date of this Agreement ("Effective Date") is , 2003, which is the effective date of City Ordinance No. ,adopting this Agreement. 4.2 Term. The term of this Agreement shall commence on the Effective Date and shall terminate on the fifth anniversary of such date, unless this Agreement is otherwise terminated or extended pursuant to the terms hereof. Notwithstanding anything to the contrary contained herein or in the Site Development Review approval: (i) provided that construction of the Project has commenced prior to the fifth anniversary of the Effective Date of this Agreement, the Site Development Review approval shall remain effective for five years following the Effective Date of this Agreement, and (ii) provided that certificates of occupancy have been issued for either the entire Multi-Family Component or the entire Senior Housing Component prior to expiration of the term of this Agreement, the Site Development Review approval (Resolution No. ~ shall remain effective until the tenth anniversary of the Effective Date. 4.3 Optional Extension. Prior to the termination of this Development Agreement, as provided in Section 4.2, Developer may extend the term of the Development Agreement. To do so, Developer shall give City written notice at least 90 days prior to the termination date of the Development Agreement. At the time Developer provides such notice, Developer shall make a contribution to City in the amount of One Hundred Thousand Dollars ($100,000). Upon receipt of the notice and the contribution, the City Manager shall approve the extension and shall notify the Developer in writing that the term of the Development Agreement Development Agreement Page 3 of 16 Fairway Ranch Multifamily Component 631035-3 has been automatically extended for an additional one-year period, commencing on the date the Development Agreement would otherwise have terminated. The Developer may exercise its option to extend the Development Agreement no more than five times, for a maximum total term of the Development Agreement of ten years. The total contribution for the maximum extension of five years will be Five Hundred Thousand Dollars ($500,000). Notwithstanding anything to the contrary in this Section, if Developer has provided the notice and contribution to extend one of the Component Development Agreements, Developer shall not be required to provide the $100,000 contribution to extend the term of this Development Agreement and this Agreement will automatically be extended to be coterminous with such Component Development Agreement. 5. Use of the Property. 5.1 Right to Develop. Developer shall have the vested right to develop the Project on the Property in accordance with the terms and conditions of this Agreement, the Project Approvals, and any amendments to any of them as shall, from time to time, be approved pursuant to this Agreement. 5.2 Permitted Uses. The permitted uses of the Property, the density and intensity of use, the maximum height, bulk and size of proposed buildings, provisions for reservation or dedication of land for public purposes and location and maintenance of on-site and off-site improvements, location of public utilities (operated by City) and other terms and conditions of development applicable to the Property, shall be those set forth in this Agreement, the Project Approvals and any amendments to this Agreement or the Project Approvals. 5.3 Additional Conditions. Provisions for the following ("Additional Conditions") are set forth in Exhibit B attached hereto. 5.3.1 Subsequent Discretionary Approvals. Conditions, terms, restrictions, and requirements for subsequent discretionary actions. (These conditions do not affect Developer's responsibility to obtain all other land use approvals required by the ordinances of the City of Dublin and any other approvals required by other regulatory agencies.) None 5.3.2 Mitigation Conditions. Additional or modified conditions agreed upon by the Parties in order to eliminate or mitigate adverse environmental impacts of the Project or otherwise relating to development of the Project. See Exhibit B 5.3.3 Phasing, Timing. Provisions that the Project be constructed in specified phases, that construction shall commence within a specified Development Agreement Page 4 of 16 Fairway Ranch Multifamily Component 631035-3 time, and that the Project or any phase thereof be completed within a specified time. See Exhibit B 5.3.4 Financing Plan. Financial plans which identify necessary capital improvements such as streets and utilities and sources of funding. See Exhibit B 5.3.5 Fees, Dedications. Terms relating to payment of fees or dedication of property. See Exhibit B 5.3.6 Reimbursement. Terms relating to subsequent reimbursement over time for financing of necessary public facilities. See Exhibit B 5.3.7 Miscellaneous. Miscellaneous terms. See Exhibit B 6. Applicable Rules, Regulations and Official Policies. 6.1 Rules Regarding Permitted Uses. For the term of this Agreement, the City's ordinances, resolutions, rules, regulations and official policies governing the permitted uses of the Property, the density and intensity of use of the Property, and the maximum height, bulk and size of proposed buildings shall be those in force and effect on the Effective Date hereof. 6.2 Rules Regarding Design and Construction. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to the Project shall be those in force and effect on the Effective Date hereof. Ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to public improvements to be constructed by Developer shall be those in force and effect at the time the applicable permit approval is granted. 6.3 Uniform Codes Applicable. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the Project shall be constructed in accordance with the provisions of the Uniform Building, Mechanical, Plumbing, Electrical and Fire Codes and Title 24 of the California Code of Regulations, relating to Building Standards, in effect at the time of approval of the appropriate building, grading, or other construction permits for the Project. Development Agreement Page 5 of 16 Fairway Ranch Multifamily Component 631035-3 7. Subsequently Enacted Rules and Regulations. 7.1 New Rules and Regulations. During the term of this Agreement, the City may apply new or modified ordinances, resolutions, rules, regulations and official policies of the City to the Property which were not in force and effect on the Effective Date and which are not in conflict with those applicable to the Property as set forth in this Agreement if: (a) the application of such new or modified ordinances, resolutions, rules, regulations or official policies would not prevent, impose a substantial financial burden on, or materially delay development of the Property as contemplated by this Agreement and the Project Approvals, and (b) if such ordinances, resolutions, rules, regulations or official policies have general applicability. 7.2 Approval of Application. Nothing in this Agreement shall prevent the City from denying or conditionally approving any subsequent discretionary land use approval for the Project on the basis of the ordinances, resolutions, rules, regulations and policies in effect at the time of such approval. 7.3 Moratorium Not Applicable. Notwithstanding anything to the contrary contained herein, in the event an ordinance, resolution or other measure is enacted, whether by action of City, by initiative, referendum, or otherwise, that imposes a building moratorium, a limit on the rate of development or a voter- approval requirement which affects the Project on all or any part of the Property, City agrees that such ordinance, resolution or other measure shall not apply to the Project, the Property, this Agreement or the Project Approvals unless the building moratorium is imposed as part of a declaration of a local emergency or state of emergency as defined in California Government Code § 8558. 8. Subsequently Enacted or Revised Fees, Assessments and Taxes. 8.1 Fees, Exactions, Dedications= City and Developer agree that the fees payable and exactions required in connection with the development of the Project for purposes of mitigating environmental and other impacts of the Project, providing infrastructure for the Project and complying with the Specific Plan shall be those set forth in the Project Approvals and in this Agreement (including Exhibit B). The City shall not impose or require payment of any other fees, dedications of land, or construction of any public improvement or facilities, shall not increase or accelerate existing fees, dedications of land or construction of public improvements, or impose other exactions in connection with any subsequent discretionary approval for the Property, except as set forth in the Project Approvals and this Agreement (including Exhibit B, Section 5.3.5). 8.2 Revised Application Fees. Any existing application, processing and inspection fees that are revised during the term of this Agreement shall apply to the Project provided that (1) such fees have general applicability; (2) the Development Agreement Page 6 of 16 Fairway Ranch Multifamily Component 631035-3 application of such fees to the Property is prospective; and (3) the application of such fees would not prevent development in accordance with this Agreement. 8.3 New Taxes. Any subsequently enacted City-wide taxes shall apply to the Project provided that: (1) the application of such taxes to the Property is prospective; and (2) the application of such taxes would not prevent development in accordance with this Agreement. 8.4 Assessments. Nothing herein shall be construed to relieve the Property from assessments levied against it by City pursuant to any statutory procedure for the assessment of property to pay for infrastructure and/or services which benefit the Property. 8.5 Vote on Future Assessments and Fees. In the event that any assessment, fee or charge which is applicable to the Property is subject to Article XIIID of the California Constitution, and Developer does not return its ballot, Developer agrees, on behalf of itself and its successors, that City may count Developer's ballot as affirmatively voting in favor of such assessment, fee or charge. 9. Amendment or Cancellation. 9.1 Modification Because of Conflict with State or Federal Laws. In the event that state or federal laws or regulations enacted after the Effective Date prevent or preclude compliance with one or more provisions of this Agreement or require changes in plans, maps or permits approved by the City, the Parties shall meet and confer in good faith in a reasonable attempt to modify this Agreement to comply with such federal or state law or regulation. Any such amendment or suspension of the Agreement shall be approved by the City Council in accordance with Chapter 8.56. 9.2 Amendment by Mutual Consent. This Agreement may be amended in writing from time to time by mutual consent of the Parties and in accordance with the procedures of state law and Chapter 8.56. 9.3 Insubstantial Amendments. Notwithstanding the provisions of Section 9.2, any amendments to this Agreement which do not relate to (a) the term of the Agreement as provided in Section 4.2; (b) the permitted uses of the Property as provided in Section 5.2; (c) provisions for "significant" reservation or dedication of land as provided in Exhibit B; (d) conditions, terms, restrictions or requirements for subsequent discretionary actions; (e) the density or intensity of use of the Project; (f) the maximum height or size of proposed buildings; (g) monetary contributions by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) public improvements to be constructed by Developer; (j) the accrual or use of Development Agreement Page 7 of 16 Fairway Ranch Multifamily Component 631035-3 the Affordable Unit Credits described in Section 5.3.76 of Exhibit B; or (h) the exemption from Commercial Linkage Fee described in Section 5.37.C of Exhibit B shall not, except to the extent otherwise required by law, require notice or public hearing before either the Planning Commission or the City Council before the Parties may execute an amendment hereto. City's Public Works Director shall determine whether a reservation or dedication is "significant". 9.4 Amendment of Project Approvals. Any amendment of Project Approvals relating to: (a) the permitted use of the Property; (b) provision for reservation or dedication of land; (c) conditions, terms, restrictions or requirements for subsequent discretionary actions; (d) the density or intensity of use of the Project; (e) the maximum height or size of proposed buildings; (f) monetary contributions by the Developer; (g) public improvements to be constructed by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) the accrual or use of the Affordable Housing Credits described in Section 5.3.76 of Exhibit B; or (j) the exemption from Commercial Linkage Fee described in Section 5.3.7C of Exhibit B shall require an amendment of this Agreement. Such amendment shall be limited to those provisions of this Agreement which are implicated by the amendment of the Project Approval. Any other amendment of the Project Approvals, or any of them, shall not require amendment of this Agreement unless the amendment of the Project Approval(s) relates specifically to some provision of this Agreement. 9.5 Cancellation by Mutual Consent. Except as otherwise permitted herein, this Agreement may be canceled in whole or in part only by the mutual consent of the Parties or their successors in interest, in accordance with the provisions of Chapter 8.56. Any fees paid pursuant to Section 5.3 and Exhibit B of this Agreement prior to the date of cancellation shall be retained by City. 10. Term of Project Approvals. Pursuant to California Government Code Section 66452.6(a), the term of the tentative tract map described in Recital F above shall automatically be extended for the term of this Agreement. The term of any other Project Approval shall be extended only if so provided in Exhibit B or Section 4.2. 11. Annual Review. 11.1 Review Date. The annual review date for this Agreement shall be between July 15 and August 15, 2004 and each July 15 to August 15 thereafter. 11.2 Initiation of Review. The City's Community Development Director shall initiate the annual review, as required under Section 8.56.140 of Chapter Development Agreement Page 8 of 16 Fairway Ranch Multifamily Component 631035-3 8.56, by giving to Developer thirty (30) days' written notice that the City intends to undertake such review. Developer shall provide evidence to the Community Development Director prior to the hearing on the annual review, as and when reasonably determined necessary by the Community Development Director, to demonstrate good faith compliance with the provisions of this Agreement. The Developer shall have the burden of proving such compliance by substantial evidence. 11.3 Staff Reports. To the extent practical, City shall deposit in the mail and fax to Developer a copy of all staff reports, and related exhibits relating to this Agreement at least five (5) days prior to any annual review. 11.4 Costs. Costs reasonably incurred by City in connection with the annual review shall be paid by Developer in accordance with the City's schedule of fees in effect at the time of review. 12. Default. 12.1 Other Remedies Available. Upon the occurrence of an event of default hereunder, the Parties may pursue all other remedies at law or in equity which are not otherwise provided for in this Agreement or in City's regulations governing development agreements, expressly including the remedy of specific performance of this Agreement. 12.2 Notice and Cure. Upon the occurrence of an event of default by either Party, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured by the defaulting party within thirty (30) days after service of such notice of default, the nondefaulting party may then commence any legal or equitable action to enforce its rights under this Agreement; provided, however, that if the default cannot be cured within such thirty (30) day period, the nondefaulting party shall refrain from any such legal or equitable action so long as the defaulting party begins to cure such default within such thirty (30) day period and diligently pursues such cure to completion. Failure to give notice shall not constitute a waiver of any default. 12.3 No Damages Against City. Notwithstanding anything to the contrary contained herein, in no event shall damages be awarded against City upon an event of default or upon termination of this Agreement. 13. Estoppel Certificate. Either Party may, at any time, and from time to time, request the other Party to provide a written certification that: (a) this Agreement is in full force and effect and a binding obligation of the Parties, (b) this Agreement has not been amended or modified either orally or in writing, or if amended, identifying such amendments in the certification, and (c) to the knowledge of the certifying Party, Development Agreement Page 9 of 16 Fairway Ranch Multifamily Component 631035-3 the requesting Party is not in default in the performance of its obligations under this Agreement, or if in default, to describe in the certification the nature and amount of any such defaults. A Party receiving a request hereunder shall execute and return such certification within thirty (30) days following the receipt of such request, or such longer period as may reasonably be agreed to by the Parties. City Manager of City shall be authorized to execute any certification requested by Developer. Should the Party receiving the request not execute and return such certification within the applicable period, this shall not be deemed to be a default, provided such Party shall be deemed to have certified that the statements in clauses (a) through (c) of this section are true, and any party may rely on such deemed certification. Any request by Developer for a written certification to a third party shall be accompanied by payment to City of a fee for such certification in an amount established by the Council from time to time. 14. Mortgagee Protection; Certain Rights of Cure. 14.1 Mortgagee Protection. This Agreement shall be superior and senior to any lien placed upon the Property, or any portion thereof after the date of recording this Agreement, including the lien for any deed of trust or mortgage ("Mortgage"). Notwithstanding the foregoing, no breach hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good faith and for value, the purchaser at any trustee's sale or foreclosure sale shall not be liable for any violation hereof occurring prior to the acquisition of title by such purchaser but all the terms and conditions contained in this Agreement shall be binding upon and effective against any person or entity, including any deed of trust beneficiary or mortgagee ("Mortgagee") who acquires title to the Property, or any portion thereof, by foreclosure, trustee's sale, deed in lieu of foreclosure, or otherwise. 14.2 Mortgagee Not Obligated. Notwithstanding the provisions of Section 14.1, no Mortgagee shall have any obligation or duty under this Agreement, before or after foreclosure or a deed in lieu of foreclosure, to construct or complete the construction of improvements, or to guarantee such construction of improvements, or to guarantee such construction or completion, or to pay, perform or provide any fee, dedication, improvements or other exaction or imposition; provided, however, that a Mortgagee shall not be entitled to devote the Property to any uses or to construct any improvements thereon other than those uses or improvements provided for or authorized by the Project Approvals or by this Agreement. 14.3 Notice of Default to Mortgagee and Extension of Right to Cure. If City receives notice from a Mortgagee requesting a copy of any notice of default given Developer hereunder and specifying the address for service thereof, then City shall deliver to such Mortgagee, concurrently with service thereon to Development Agreement Page 10 of 16 Fairway Ranch Multifamily Component 631035-3 Developer, any notice given to Developer with respect to any claim by City that Developer has committed an event of default. Each Mortgagee shall have the right during the same period available to Developer to cure or remedy, or to commence to cure or remedy, the event of default claimed set forth in the City's notice. City, through its City Manager, may extend the thirty-day cure period provided in Section 12.2 for not more than an additional sixty (60) days upon request of Developer or a Mortgagee. 15. Severability. The unenforceability, invalidity or illegality of any provision, covenant, condition or term of this Agreement shall not render the other provisions hereof unenforceable, invalid or illegal. 16. Attorneys' Fees and Costs. If City or Developer initiates any action at law or in equity to enforce or interpret the terms and conditions of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs in addition to any other relief to which it may otherwise be entitled. If any person or entity not a party to this Agreement initiates an action at law or in equity to challenge the validity of any provision of this Agreement or the Project Approvals, the Parties shall cooperate in defending such action. Developer shall bear its own costs of defense as a real party in interest in any such action, and shall reimburse City for all reasonable court costs and attorneys' fees expended by City in defense of any such action or other proceeding. 17. Transfers and Assionments. 17.1 Right to Assign. Developer may wish to sell, transfer or assign all or portions of its Property to other developers (each such other developer is referred to as a "Transferee"). In connection with any such sale, transfer or assignment to a Transferee, Developer may sell, transferor assign to such Transferee any or all rights, interests and obligations of Developer which arise hereunder and pertain to the portion of the Property being sold or transferred to such Transferee; provided, however that: no such transfer, sale or assignment of Developer's rights, interests and obligations hereunder shall occur by operation of law or otherwise absent prior written notice to City and written approval thereof by the City Manager, which approval shall not be unreasonably withheld or delayed. 17.2 Approval and Notice of Sale, Transfer or Assignment. The City Manager shall consider and decide on any proposed transfer, sale or assignment of Developer's rights, interests and obligations hereunder within ten business (10) days following receipt of Developer's notice, provided all documents, certifications and other information reasonably requested by City are provided to Development Agreement Page 11 of 16 Fairway Ranch Multifamily Component 631035-3 the City Manager to enable the City Manager to determine whether the proposed Transferee can perform the Developer's obligations hereunder. Notice of any such approved sale, transfer or assignment (including a description of all rights, interests and obligations that have been transferred and those which have been retained by Developer) shall be recorded in the official records of Alameda County, in a form acceptable to the City Manager, concurrently with such sale, transfer or assignment. 17.3 Effect of Sale, Transfer or Assignment. Developer shall be released from any obligations hereunder sold, transferred or assigned to a Transferee pursuant to this Section 17, provided that: a) such sale, transferor assignment has been approved by the City Manager pursuant to this Section 17, b) such obligations are expressly assumed by Transferee, and (c) such Transferee shall be subject to all the provisions hereof and shall provide all documents, certifications and other information reasonably requested by City prior to City Manager approval pursuant to this Section 17. 17.4 Permitted Transfer, Purchase or Assignment. The sale or other transfer of any interest in the Property to a purchaser ("Purchaser") pursuant to the exercise of any right or remedy under athird-party deed of trust encumbering Developer's interest in the Property shall not require City Manager approval pursuant to this Section 17. However, any subsequent transfer, sale or assignment by such Purchaser to a subsequent transferee, purchaser, or assignee shall be subject to the provisions of this Section. 18. Agreement Runs with the Land. All of the provisions, rights, terms, covenants, and obligations contained in this Agreement (with the exception of City's obligation to provide financing to Developer pursuant to the Loan Agreement) shall be binding upon the Parties and their respective heirs, successors and assignees, representatives, lessees, and all other persons acquiring the Property, or any portion thereof, or any interest therein, whether by operation of law or in any manner whatsoever. All of the provisions of this Agreement shall constitute covenants running with the land pursuant to applicable laws. Each covenant to do, or refrain from doing, any act on or with respect to the Property pursuant to this Agreement: (a) is for the benefit of or is a burden upon the Property, (b) runs with the land, and (c) is binding upon the Developer and each successive owner during its ownership of the Property or any portion thereof. 19. Bankruptcy. The obligations of Developer under this Agreement shall not be dischargeable in bankruptcy. 20. Indemnification; Prevailing Wages. Development Agreement Page 12 of 16 Fairway Ranch Multifamily Component 631035-3 20.1 Indemnification. Developer agrees to indemnify, defend and hold harmless City, and its elected and appointed councils, boards, commissions, officers, agents, employees, and representatives from any and all claims, costs (including legal fees and costs) and liability for any personal injury or property damage which may arise directly or indirectly as a result of any actions or inactions by the Developer, or any actions or inactions of Developer's contractors, subcontractors, agents, or employees in connection with the construction, improvement, operation, or maintenance of the Property and the Project, provided that Developer shall have no indemnification obligation with respect to the gross negligence or willful misconduct of City, its contractors, subcontractors, agents or employees or with respect to the maintenance, use or condition of any improvement after the time it has been dedicated to and accepted by the City or another public entity (except as provided in an improvement agreement or maintenance bond). 20.2 Prevailing Wages. The Parties acknowledge that the Project or phases of it are intended by Developer to be exempt from California Labor Code Section 1720 et seq. and the regulations adopted pursuant thereto ("Prevailing Wage Laws") by virtue of Labor Code Section 1720(d). If for any reason, the Prevailing Wage Laws are found to be applicable to the Project, Developer and its contractors shall comply with such laws. Developer shall, and hereby agrees to, unconditionally indemnify, reimburse, defend, protect and hold harmless City and its elective and appointive boards, commissions, officers, agents, attorneys, consultants and employees, and their respective successors and assigns, from and against any and all claims, demands, suits and actions at law or in equity, and losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, and costs and damages of every kind, nature and description (including but not limited to attorneys' fees and court costs, with counsel reasonably acceptable to City), and administrative, enforcement or judicial proceedings, whether known or unknown, and which directly or indirectly, in whole or in part, are caused by, arise from, or relate to, or are alleged to be caused by, arise from, or relate to, the payment or requirement of payment of prevailing wages or the requirement of competitive bidding in the construction of the Project, the failure to comply with any state or federal labor laws, regulations or standards in connection with this Agreement, including but not limited to the Prevailing Wage Laws, or any act or omission of City or Developer related to this Agreement with respect to the payment or requirement of payment of prevailing wages or the requirement of competitive bidding, whether or not any insurance policies shall have been determined to be applicable to any such claims, demands, suits, actions, losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, costs, damages, or administrative, enforcement or judicial proceedings. It is further agreed that City does not, and shall not, waive any rights against Developer which it may have by reason of this Development Agreement Page 13 of 16 Fairway Ranch Multifamily Component 631035-3 indemnity and hold harmless agreement because of the acceptance by City, or the deposit with City by Developer, of any of the insurance policies described in this Agreement. The representations, warranties and covenants contained in this Section shall survive the termination of this Agreement. 21. Insurance. 21.1 Public Liability and Property Damage Insurance. During the term of this Agreement, Developer shall maintain in effect a policy of comprehensive general liability insurance with aper-occurrence combined single limit of not less than five million dollars ($5,000,000) with a Twenty Five Thousand Dollar ($25,000) self insurance retention per claim. The policy so maintained by Developer shall name the City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement. 21.2 Workers Compensation Insurance. During the term of this Agreement Developer shall maintain Worker's Compensation insurance for all persons employed by Developer for work at the Project site. Developer shall require each contractor and subcontractor similarly to provide Worker's Compensation insurance for its respective employees. Developer agrees to indemnify the City for any damage resulting from Developer's failure to maintain any such insurance. 21.3 Evidence of Insurance. Prior to City Council approval of this Agreement, Developer shall furnish City satisfactory evidence of the insurance required in Sections 21.1 and 21.2 and evidence that the carrier is required to give the City at least fifteen days prior written notice of the cancellation or reduction in coverage of a policy. The insurance shall extend to the City, its elective and appointive boards, commissions, officers, agents, employees and representatives and to Developer performing work on the Project. 22. Sewer and Water. Developer acknowledges that it must obtain water and sewer permits from the Dublin San Ramon Services District ("DSRSD") which is another public agency not within the control of City. 23. Notices. All notices required or provided for under this Agreement shall be in writing. Notices required to be given to City shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dublin, CA 94568 FAX No. (925) 833-6651 Development Agreement Page 14 of 16 Fairway Ranch Multifamily Component 631035-3 Notices required to be given to Developer shall be addressed as follows: A Party may change address by giving notice in writing to the other party and thereafter all notices shall be addressed and transmitted to the new address. Notices shall be deemed given and received upon personal delivery, or if mailed, upon the expiration of 48 hours after being deposited in the United States Mail. Notices may also be delivered by overnight courier in which case they shall be deemed given on the following day or by facsimile transmission in which case they shall be deemed delivered upon verification of receipt. 24. Agreement is Entire Understanding. This Agreement, the loan commitment letter executed by City and dated 2003, the Component Development Agreements, the Regulatory Agreements, and the Loan Agreements (and related deed(s) of trust and promissory note(s) constitute the entire understanding and agreement of the Parties with respect to the subject matter hereof and supersede all prior negotiations, understandings or agreements pertaining thereto. 25. Exhibits. The following Exhibits are attached hereto and incorporated herein by this reference: Exhibit A Legal Description of Property Exhibit B Additional Conditions 26. Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, and all of which taken together shall constitute one agreement. 27. Recordation; Further Assurances. Development Agreement Page 15 of 16 Fairway Ranch Multifamily Component 631035-3 City shall record a copy of this Agreement within ten days following execution by all Parties. The Parties agree to execute such additional instruments and to undertake such actions as may be necessary to effectuate the intent of this Agreement. 28. Relationship of Fairway Ranch Development Agreement and Component Development Agreement. Although this Agreement does not include all of the provisions of the Fairway Ranch Development Agreement, including but not limited to the provisions of the Fairway Ranch Development Agreement related to phasing of development of Parcels 1, 2 and 3 and compliance with City's Inclusionary Zoning Regulations, the provisions of the Fairway Ranch Development Agreement related to phasing and compliance with the City's Inclusionary Zoning Regulations may restrict the timing of development of the Multifamily Component. IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date and year first written above. CITY OF DUBLIN By: Mayor ATTEST: By: APPROVED AS TO FORM: City Attorney DEVELOPER By: Print Name: Its: City Clerk Development Agreement Page 16 of 16 Fairway Ranch Multifamily Component 631035-3 State of California County of Alameda On , 2003, before me, the undersigned, a Notary Public, in and for said State and County, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary Public Exhibit A LEGAL DESCRIPTION OF PROPERTY Parcel of Tract Map 7453, recorded. Exhibit B ADDITIONAL CONDITIONS This Exhibit B contains Additional Conditions imposed pursuant to Section 5_3 of the Development Agreement ("Agreement"), by and between the City of Dublin, a Municipal Corporation ("City") and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer") dated as of , 2003. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement. 5.3.1 Subsequent Discretionary Approvals None. 5.3.2 Mitigation Conditions A. Infrastructure Sequencing Program. The infrastructure sequencing program for the Project is set forth below. (i) Roads: The project-specific roadway improvements (and offers of dedication) identified in Resolution No. of the City of Dublin Planning Commission approving the Tentative Map for Tract 7453 and the City Council Resolution approving the Site Development Review (hereafter "TM and SDR Resolutions"), and those described below shall be completed by Developer to the satisfaction of the City Engineer at the times and in the manner specified in the TM Resolution unless otherwise provided below. All such roadway improvements shall be constructed to the satisfaction and requirements of City's Engineer. -Condition _ [Dublin Boulevard/Dougherty Road Intersection Improvements]: Condition reads as follows: Intersection of Dougherty Road & Dublin Blvd. In the event that the City does not have sufficient Category 2 Eastern Dublin Traffic Impacf Fee (TIF) funds available, Developer shall advance the City monies for the costs of design, right-of-way acquisition and construction of the City Capital Improvement Project at the Dublin Boulevard / Dougherty Road infersecfion. The amount of money to be advanced will be determined by the City Development Agreement - Exhibit B Page 1 of 16 Fairway Ranch Multifamily Component 631035-3 Engineer based on the Project's fair share of the deficiency. Such payment is to be made within 30 days of written notice from the City Engineer. City shall provide a credit to the Developer for Category 2 TIF for any monies advanced pursuant to this condition. The City's Administration Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99) shall govern all aspects of the credit. DEVELOPER shall provide CITY with DEVELOPER's fair share, as determined by CITY on the basis of the Project's trips, for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements by a payment to CITY in cash in the amount of the Project's fair share of the deficiency, if any, between funds available to CITY for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements and the cost of such project, as determined by the Public Works Director. Such payment to be made within 30 days of written notice from the Public Works Director to be given following bid opening. Notwithstanding the provisions of Section _ of this Agreement, Condition _ shall survive termination of this Agreement. (ii) Sewer. All sanitary sewer improvements to serve the project site (or any recorded phase of the Project) shall be completed in accordance with DSRSD requirements. (iii) Water. An all weather roadway and an approved hydrant and water supply system shall be available and in service at the site in accordance with the tentative map conditions of approval to the satisfaction and requirements of the City's fire department. All potable water system components to serve the project site shall be completed in accordance with the DSRSD requirements. Recycled water lines shall be installed in accordance with the tentative map conditions of approval. Development Agreement - Exhibit B Page 2 of 16 Fairway Ranch Multifamily Component 631035-3 (iv) Storm Drainage The storm drainage systems off site, as well as on site drainage systems to the areas to be occupied, shall be improved consistent with the Dublin Ranch Master Drainage Plan and the tentative map conditions of approval and to the satisfaction of the City Engineer (v) Other Utilities (e.q. gas, electricity, cable televisions, telephone) Construction shall be completed by phase prior to issuance of the first Certificate of Occupancy for any building within that specific phase of occupancy. B. Miscellaneous (i) Completion of Public Improvements May Be Deferred. Notwithstanding the foregoing, City's Engineer may, in his or her sole discretion and upon receipt of documentation in a form satisfactory to the City Engineer that assures completion, allow Developer to defer completion of discrete portions of any public improvements for the Project if the Public Works Director determines that to do so would not jeopardize the public health, safety or welfare. 5.3.3 Phasing; Timing This Agreement does not require the Developer to commence or complete development of the Project within any period of time set by City. Subject to the provisions of the Fairway Ranch Development Agreement, Developer shall be permitted to develop the Property in accordance with its own time schedule, consistent with the Project Approvals. 5.3.4 Financing Plan Developer shall install all improvements necessary for the Project at its own cost (subject to credits for any improvements which qualify for credits as provided in Section 5.3.6 below). Other infrastructure necessary to provide sewer, potable water, and recycled water services to the Project will be made available by the Dublin San Ramon Services District. Developer will enter into an "Area Wide Facilities Agreement" with the Dublin San Ramon Services District to pay for the cost of extending such services to the Project. Such services shall be provided as set forth in Sections 5.3.2(A)(ii) and (iii) above. Development Agreement - Exhibit B Page 3 of 16 Fairway Ranch Multifamily Component 631035-3 Pursuant to the terms of that certain loan agreement entered into by and between City and Developer ("Loan Agreement"), and provided that Developer has complied with all terms and conditions of the Loan Agreement, City shall provide a loan to Developer to provide partial financing for construction of the Project's affordable units. 5.3.5 Fees, Dedications A. Traffic Impact Fees. Developer shall pay the Eastern Dublin Traffic Impact Fee ("TIF") established by Resolution No. 225-99, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Developer further agrees that it will pay a minimum of three percent (3%) of the "Section 1/Category 1" portion of the TIF in cash. Developer also agrees that it will pay 12.4% of the "Section 2/Category 2" portion of the TIF in cash. If City amends its TIF fee and as a result the City's outstanding balance due on loans is less than 12.4% of total Section 2/Category 2 improvements, the Developer shall pay such reduced percentage of the "Section 2/Category 2" portion of the TIF in cash. Developer may use any credits it has for payment of the balance of the TIF in accordance with City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 "TIF Guidelines"). B. Traffic Impact Fee to Reimburse Pleasanton for Freeway Interchanges. Developer shall pay the Eastern Dublin I-580 Interchange Fee established by City of Dublin Resolution No. 11-96 as amended by Resolution No. 155-98 and by any subsequent resolution which revises such Fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. C. Public Facilities Fees. Developer shall pay a Public Facilities Fee established by City of Dublin Resolution No. 214-02, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the then-current amount of the fee. Developer may use the Development Agreement - Exhibit B Page 4 of 16 Fairway Ranch Multifamily Component 631035-3 credits for payment of the Community Park Land portion of the Public Facilities Fee granted to the Lin Family by the Master Development Agreement in accordance with City's Public Facilities Fee Guidelines (Resolution 195-99). D. Noise Mitigation Fee. Developer shall pay a Noise Mitigation Fee established by City of Dublin Resolution No. 33-96, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. E. School Impact Fees. School impact fees shall be paid by Developer in accordance with California Government Code Section 53080 and the agreement between Developer and the Dublin Unified School District regarding payment of mitigation fees. F. Fire Impact Fees. Developer shall pay a fire facilities fee established by City of Dublin Resolution No. 12-03 including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. Developer may use any credits it has for payment of the fire facilities fee, provided credits for improvements, land and equipment may only be used to satisfy payment of the same components of the fire facilities fee. G. Tri-Valley Transportation Development Impact Fee. Developer shall pay the Tri-Valley Transportation Development Fee in the amount and at the times set forth in City of Dublin Resolution No. 89-98 or any subsequent resolution which revises such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. 5.3.6 Credit A. Traffic Impact Fee Improvements --Credit City shall provide a credit to Developer for those improvements described in the resolution establishing the Eastern Dublin Traffic Impact Fee if such improvements are constructed by the Developer in their ultimate location. Development Agreement - Exhibit B Page 5 of 16 Fairway Ranch Multifamily Component 631035-3 All aspects of the credit shall be covered by City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 ("TIF Guidelines"). B. Traffic Impact Fee Right-of-Way Dedications --Credit City shall provide a credit to Developer for any TIF area right-of- way to be dedicated by Developer to City which is required for improvements which are described in the resolution establishing the Eastern Dublin Traffic Impact Fee. All aspects of the credits shall be governed by the TIF Guidelines. 5.3.7 Miscellaneous A. Affordable Units In accordance with the City's Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68), the Fairway Ranch Development Agreement and the Regulatory Agreement, Developer shall ensure that 243 housing units constructed as part of the Project shall be available for a period of not less than 55 years to households of very low, low- and moderate-income at affordable housing cost as follows: Multifamily Component --90 moderate income units --90 low income units --63 very low income units B. Survival. The provisions of this Section 5.3.7 shall survive the expiration of the term of the Agreement. Development Agreement - Exhibit B Page 6 of 16 Fairway Ranch Multifamily Component 631035-3 Recording requested by and when recorded, return to: City of Dublin 100 Civic Plaza Dublin, CA 94568 Attn: City Clerk Space above this line for Recorder's Use DEVELOPMENT AGREEMENT BETWEEN THE CITY OF DUBLIN AND Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin DUBLIN RANCH FAIRWAY RANCH CONDOMINIUM COMPONENT THIS DEVELOPMENT AGREEMENT (this "Agreement"), dated for reference purposes as of , 2003, is entered into by and between the City of Dublin, a Municipal Corporation ("City"}, and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer"). City and Developer are hereafter collectively referred to as the "Parties." RECITALS A. California Government Code Section 65864 et seq. and Chapter 8.56 of the Dublin Municipal Code (hereafter "Chapter 8.56") authorize the City to enter into an agreement for the development of real property with any person having a legal or equitable interest in such property in order to establish certain development rights in such property. B. Developer holds legal interest in certain real property (the "Property") consisting of approximately acres of land, located in the City of Dublin, County of Alameda, which property is designated as Parcel 3 on Tentative Tract Map No. 7453 and which is more particularly described in Exhibit A attached hereto. C. The Dublin City Council ("City Council") adopted the Eastern Dublin Specific Plan ("Plan") by Resolution No. 53-93 which Plan is applicable to the Property and requires the developer of the Property to enter into a development agreement with City. D. The Developer and City are parties to that certain Master Development Agreement between the City of Dublin and the Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G and H) ("Master Development Agreement"), which agreement requires the developer of the Property to enter into this development agreement with City, provided that such development agreement does not impair any developer's rights under the Master Development Agreement. E. Developer proposes to develop the Property for condominium housing (the "Condominium Component") which shall consist of 304 condominium for sale units, of which 52 units shall be affordable units available at affordable sales prices to households of moderate income pursuant to the City's Inclusionary Zoning Ordinance (Chapter 8.68} (the "Project"). As more particularly described in the Affordable Housing Regulatory Agreement executed or to be executed by and between City and Developer ("Regulatory Agreement"), the Developer and its successors in interest shall be required to maintain the affordability of the affordable units and the availability of such units to households of the specified income levels for not less than 55 years. F. Developer has applied for, and City has approved or is processing, various land use approvals in connection with the development of the Project. Development Agreement Page 1 of 16 Fairway Ranch Condominium Component 633100-3 Developer has also applied for, and City has approved or is processing, similar land use approvals in connection with the development of Parcels 2 and 3 of Tract 7453. The land use approvals for the Condominium Component include Tentative Tract Map for Tract 7453 (Planning Commission Resolution No. 03- ), and a density bonus of 59 units and site development review (City Council Resolution No. (collectively, the "Project Approvals"). G. Developer and City have entered into a development agreement that, among other things, addresses phasing of development for Parcel 1 (Senior Housing Component), Parcel 2 (Multifamily Component) and Parcel 3 (Condominium Component) of Tract 7453 (the "Fairway Ranch Development Agreement"). Developer and City have also entered into development agreements specifically for the Senior Housing Component and the Multifamily Component (the "Component Development Agreements"). H. City desires the timely, efficient, orderly and proper development of the Project, and City and Developer desire to facilitate development of the Project in accordance with and subject to the terms and conditions set forth herein. I. The City Council has reviewed and evaluated this Agreement in accordance with Chapter 8.56, and has found that this Agreement is consistent with the City's General Plan and the Eastern Dublin Specific Plan. J. Pursuant to the California Environmental Quality Act (CEQA), the City Council adopted Resolution No. ,finding that the Project is exempt from CEQA pursuant to Government Code §65457. In making such determination and determining that there are no supplemental impacts that would require preparation of a Supplemental EIR, the City prepared an Initial Study which found that the environmental impacts of the Project were addressed by the Negative Declaration approved by the City Council by Resolution No. 140-97 for the Planned Development Rezoning for 453 acres of Dublin Ranch which includes the Property and the Project and the Environmental Impact Report for the Eastern Dublin General Plan Amendment and Specific Plan (SCH 91103064) which was certified by the Council by Resolution No. 51-93 and the Addenda dated May 4, 1993 and August 22, 1994 (collectively, the "EIR"). K. On , 2003, the City Council adopted Ordinance No. approving this Agreement. The ordinance took effect on , 2003. NOW, THEREFORE, with reference to the foregoing recitals and inconsideration of the mutual promises, obligations and covenants herein contained, City and Developer agree as follows. Development Agreement Page 2 of 16 Fairway Ranch Condominium Component 633100-3 Description of Property. The property which is the subject of this Development Agreement is described in Exhibit A attached hereto ("Property"). 2. Interest of Developer. The Developer has a legal or equitable interest in the Property in that it owns the Property in fee simple. 3. Relationship of City and Developer. It is understood that this Agreement is a contract that has been negotiated and voluntarily entered into by City and Developer and that the Developer is not an agent of City. The City and Developer hereby renounce the existence of any form of joint venture or partnership between them, and agree that nothing contained herein or in any document executed in connection herewith shall be construed as making the City and Developer joint venturers or partners. 4. Effective Date and Term. 4.1 Effective Date. The effective date of this Agreement ("Effective Date") is , 2003, which is the effective date of City Ordinance No. ,adopting this Agreement. 4.2 Term. The term of this Agreement shall commence on the Effective Date and shall terminate on the fifth anniversary of such date, unless this Agreement is otherwise terminated or extended pursuant to the terms hereof. Notwithstanding anything to the contrary contained herein or in the Site Development Review approval: (i) provided that construction of the Project has commenced prior to the fifth anniversary of the Effective Date of this Agreement, the Site Development Review approval shall remain effective for five years following the Effective Date of this Agreement, and (ii) provided that certificates of occupancy have been issued for either the entire Multi-Family Component or the entire Senior Housing Component prior to expiration of the term of this Agreement, the Site Development Review approval (Resolution No. )shall remain effective until the tenth anniversary of the Effective Date. 4.3 Optional Extension. Prior to the termination of this Development Agreement, as provided in Section 4.2, Developer may extend the term of the Development Agreement. To do so, Developer shall give City written notice at least 90 days prior to the termination date of the Development Agreement. At the time Developer provides such notice, Developer shall make a contribution to City in the amount of One Hundred Thousand Dollars ($100,000). Upon receipt of the notice and the contribution, the City Manager shall approve the extension and shall notify the Developer in writing that the term of the Development Agreement Development Agreement Page 3 of 16 Fairway Ranch Condominium Component 633100-3 has been automatically extended for an additional one-year period, commencing on the date the Development Agreement would otherwise have terminated. The Developer may exercise its option to extend the Development Agreement no more than five times, for a maximum total term of the Development Agreement of ten years. The total contribution for the maximum extension of five years will be Five Hundred Thousand Dollars ($500,000). Notwithstanding anything to the contrary in this Section, if Developer has provided the notice and contribution to extend one of the Component Development Agreements, Developer shall not be required to provide the $100,000 contribution to extend the term of this Development Agreement and this Agreement will automatically be extended to be coterminous with such Component Development Agreement. 5. Use of the Property. 5.1 Right to Develop. Developer shall have the vested right to develop the Project on the Property in accordance with the terms and conditions of this Agreement, the Project Approvals, and any amendments to any of them as shall, from time to time, be approved pursuant to this Agreement. 5.2 Permitted Uses. The permitted uses of the Property, the density and intensity of use, the maximum height, bulk and size of proposed buildings, provisions for reservation or dedication of land for public purposes and location and maintenance of on-site and off-site improvements, location of public utilities (operated by City) and other terms and conditions of development applicable to the Property, shall be those set forth in this Agreement, the Project Approvals and any amendments to this Agreement or the Project Approvals. 5.3 Additional Conditions. Provisions for the following ("Additional Conditions") are set forth in Exhibit B attached hereto. 5.3.1 Subsequent Discretionary Approvals. Conditions, terms, restrictions, and requirements for subsequent discretionary actions. (These conditions do not affect Developer's responsibility to obtain all other land use approvals required by the ordinances of the City of Dublin and any other approvals required by other regulatory agencies.) None 5.3.2 Mitigation Conditions. Additional or modified conditions agreed upon by the Parties in order to eliminate or mitigate adverse environmental impacts of the Project or otherwise relating to development of the Project. See Exhibit B 5.3.3 Phasing, Timing. Provisions that the Project be constructed in specified phases, that construction shall commence within a specified Development Agreement Page 4 of 16 Fairway Ranch Condominium Component 633100-3 time, and that the Project or any phase thereof be completed within a specified time. See Exhibit B 5.3.4 Financing Plan. Financial plans which identify necessary capital improvements such as streets and utilities and sources of funding. See Exhibit B 5.3.5 Fees, Dedications. Terms relating to payment of fees or dedication of property. See Exhibit B 5.3.6 Reimbursement. Terms relating to subsequent reimbursement over time for financing of necessary public facilities. See Exhibit B 5.3.7 Miscellaneous. Miscellaneous terms. See Exhibit B 6. Applicable Rules, Regulations and Official Policies. 6.1 Rules Regarding Permitted Uses. For the term of this Agreement, the City's ordinances, resolutions, rules, regulations and official policies governing the permitted uses of the Property, the density and intensity of use of the Property, and the maximum height, bulk and size of proposed buildings shall be those in force and effect on the Effective Date hereof. 6.2 Rules Regarding Design and Construction. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to the Project shall be those in force and effect on the Effective Date hereof. Ordinances, resolutions, rules, regulations and official policies governing design, improvement and construction standards and specifications applicable to public improvements to be constructed by Developer shall be those in force and effect at the time the applicable permit approval is granted. 6.3 Uniform Codes Applicable. Unless otherwise expressly provided in Section 5 or Exhibit B attached hereto, the Project shall be constructed in accordance with the provisions of the Uniform Building, Mechanical, Plumbing, Electrical and Fire Codes and Title 24 of the California Code of Regulations, relating to Building Standards, in effect at the time of approval of the appropriate building, grading, or other construction permits for the Project. Development Agreement Page 5 of 16 Fairway Ranch Condominium Component 633100-3 7. Subseauently Enacted Rules and Regulations. 7.1 New Rules and Regulations. During the term of this Agreement, the City may apply new or modified ordinances, resolutions, rules, regulations and official policies of the City to the Property which were not in force and effect on the Effective Date and which are not in conflict with those applicable to the Property as set forth in this Agreement if: (a) the application of such new or modified ordinances, resolutions, rules, regulations or official policies would not prevent, impose a substantial financial burden on, or materially delay development of the Property as contemplated by this Agreement and the Project Approvals, and (b) if such ordinances, resolutions, rules, regulations or official policies have general applicability. 7.2 A royal of A lication. Nothing in this Agreement shall prevent the City from denying or conditionally approving any subsequent discretionary land use approval for the Project on the basis of the ordinances, resolutions, rules, regulations and policies in effect at the time of such approval. 7.3 Moratorium Not Applicable. Notwithstanding anything to the contrary contained herein, in the event an ordinance, resolution or other measure is enacted, whether by action of City, by initiative, referendum, or otherwise, that imposes a building moratorium, a limit on the rate of development or a voter- approval requirement which affects the Project on all or any part of the Property, City agrees that such ordinance, resolution or other measure shall not apply to the Project, the Property, this Agreement or the Project Approvals unless the building moratorium is imposed as part of a declaration of a local emergency or state of emergency as defined in California Government Code § 8558. 8. Subsequently Enacted or Revised Fees, Assessments and Taxes. 8.1 Fees, Exactions, Dedications- City and Developer agree that the fees payable and exactions required in connection with the development of the Project for purposes of mitigating environmental and other impacts of the Project, providing infrastructure for the Project and complying with the Specific Plan shall be those set forth in the Project Approvals and in this Agreement (including Exhibit B). The City shall not impose or require payment of any other fees, dedications of land, or construction of any public improvement or facilities, shall not increase or accelerate existing fees, dedications of land or construction of public improvements, or impose other exactions in connection with any subsequent discretionary approval for the Property, except as set forth in the Project Approvals and this Agreement (including Exhibit B, Section 5.3.5). 8.2 Revised Application Fees. Any existing application, processing and inspection fees that are revised during the term of this Agreement shall apply to the Project provided that (1) such fees have general applicability; (2) the Development Agreement Page 6 of 16 Fairway Ranch Condominium Component 633100-3 application of such fees to the Property is prospective; and (3) the application of such fees would not prevent development in accordance with this Agreement. 8.3 New Taxes. Any subsequently enacted City-wide taxes shall apply to the Project provided that: (1) the application of such taxes to the Property is prospective; and (2) the application of such taxes would not prevent development in accordance with this Agreement. 8.4 Assessments. Nothing herein shall be construed to relieve the Property from assessments levied against it by City pursuant to any statutory procedure for the assessment of property to pay for infrastructure and/or services which benefit the Property. 8.5 Vote on Future Assessments and Fees. In the event that any assessment, fee or charge which is applicable to the Property is subject to Article XIIID of the California Constitution, and Developer does not return its ballot, Developer agrees, on behalf of itself and its successors, that City may count Developer's ballot as affirmatively voting in favor of such assessment, fee or charge. 9. Amendment or Cancellation. 9.1 Modification Because of Conflict with State or Federal Laws. In the event that state or federal laws or regulations enacted after the Effective Date prevent or preclude compliance with one or more provisions of this Agreement or require changes in plans, maps or permits approved by the City, the Parties shall meet and confer in good faith in a reasonable attempt to modify this Agreement to comply with such federal or state law or regulation. Any such amendment or suspension of the Agreement shall be approved by the City Council in accordance with Chapter 8.56. 9.2 Amendment by Mutual Consent. This Agreement may be amended in writing from time to time by mutual consent of the Parties and in accordance with the procedures of state law and Chapter 8.56. 9.3 Insubstantial Amendments. Notwithstanding the provisions of Section 9.2, any amendments to this Agreement which do not relate to (a) the term of the Agreement as provided in Section 4.2; (b) the permitted uses of the Property as provided in Section 5.2; (c) provisions for "significant" reservation or dedication of land as provided in Exhibit B; (d) conditions, terms, restrictions or requirements for subsequent discretionary actions; (e) the density or intensity of use of the Project; (f) the maximum height or size of proposed buildings; (g) monetary contributions by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) public improvements to be constructed by Developer; (j) the accrual or use of Development Agreement Page 7 of 16 Fairway Ranch Condominium Component 633100-3 the Affordable Unit Credits described in Section 5.3.76 of Exhibit B; or (h) the exemption from Commercial Linkage Fee described in Section 5.37.C of Exhibit B shall not, except to the extent otherwise required by law, require notice or public hearing before either the Planning Commission or the City Council before the Parties may execute an amendment hereto. City's Public Works Director shall determine whether a reservation or dedication is "significant". 9.4 Amendment of Protect Approvals. Any amendment of Project Approvals relating to: (a) the permitted use of the Property; (b) provision for reservation or dedication of land; (c) conditions, terms, restrictions or requirements for subsequent discretionary actions; (d) the density or intensity of use of the Project; (e) the maximum height or size of proposed buildings; (f) monetary contributions by the Developer; (g) public improvements to be constructed by Developer; (h) the affordable housing units to be constructed as part of the Project (including without limitation, the number, location, size, affordability level, or timing of the construction of such units); (i) the accrual or use of the Affordable Housing Credits described in Section 5.3.76 of Exhibit B; or (j) the exemption from Commercial Linkage Fee described in Section 5.3.7C of Exhibit B shall require an amendment of this Agreement. Such amendment shall be limited to those provisions of this Agreement which are implicated by the amendment of the Project Approval. Any other amendment of the Project Approvals, or any of them, shall not require amendment of this Agreement unless the amendment of the Project Approval(s) relates specifically to some provision of this Agreement. 9.5 Cancellation by Mutual Consent. Except as otherwise permitted herein, this Agreement may be canceled in whole or in part only by the mutual consent of the Parties or their successors in interest, in accordance with the provisions of Chapter 8.56. Any fees paid pursuant to Section 5.3 and Exhibit B of this Agreement prior to the date of cancellation shall be retained by City. 10. Term of Protect Approvals. Pursuant to California Government Code Section 66452.6(a), the term of the tentative tract map described in Recital F above shall automatically be extended for the term of this Agreement. The term of any other Project Approval shall be extended only if so provided in Exhibit B or Section 4.2. 11. Annual Review. 11.1 Review Date. The annual review date for this Agreement shall be between July 15 and August 15, 2004 and each July 15 to August 15 thereafter. 11.2 Initiation of Review. The City's Community Development Director shall initiate the annual review, as required under Section 8.56.140 of Chapter 8.56, by giving to Developer thirty (30) days' written notice that the City intends to Development Agreement Page 8 of 16 Fairway Ranch Condominium Component 633100-3 undertake such review. Developer shall provide evidence to the Community Development Director prior to the hearing on the annual review, as and when reasonably determined necessary by the Community Development Director, to demonstrate good faith compliance with the provisions of this Agreement. The Developer shall have the burden of proving such compliance by substantial evidence. 11.3 Staff Reports. To the extent practical, City shall deposit in the mail and fax to Developer a copy of all staff reports, and related exhibits relating to this Agreement at least five (5) days prior to any annual review. 11.4 Costs. Costs reasonably incurred by City in connection with the annual review shall be paid by Developer in accordance with the City's schedule of fees in effect at the time of review. 12. Default. 12.1 Other Remedies Available. Upon the occurrence of an event of default hereunder, the Parties may pursue all other remedies at law or in equity which are not otherwise provided for in this Agreement or in City's regulations governing development agreements, expressly including the remedy of specific performance of this Agreement. 12.2 Notice and Cure. Upon the occurrence of an event of default by either Party, the nondefaulting party shall serve written notice of such default upon the defaulting party. If the default is not cured by the defaulting party within thirty (30) days after service of such notice of default, the nondefaulting party may then commence any legal or equitable action to enforce its rights under this Agreement; provided, however, that if the default cannot be cured within such thirty (30) day period, the nondefaulting party shall refrain from any such legal or equitable action so long as the defaulting party begins to cure such default within such thirty (30) day period and diligently pursues such cure to completion. Failure to give notice shall not constitute a waiver of any default. 12.3 No Damages Against City. Notwithstanding anything to the contrary contained herein, in no event shall damages be awarded against City upon an event of default or upon termination of this Agreement. 13. Estoppel Certificate. Either Party may, at any time, and from time to time, request the other Party to provide a written certification that: (a) this Agreement is in full force and effect and a binding obligation of the Parties, (b) this Agreement has not been amended or modified either orally or in writing, or if amended, identifying such amendments in the certification, and (c) to the knowledge of the certifying Party, the requesting Party is not in default in the performance of its obligations under Development Agreement Page 9 of 16 Fairway Ranch Condominium Component 633100-3 this Agreement, or if in default, to describe in the certification the nature and amount of any such defaults. A Party receiving a request hereunder shall execute and return such certification within thirty (30) days following the receipt of such request, or such longer period as may reasonably be agreed to by the Parties. City Manager of City shall be authorized to execute any certification requested by Developer. Should the Party receiving the request not execute and return such certification within the applicable period, this shall not be deemed to be a default, provided such Party shall be deemed to have certified that the statements in clauses (a) through (c) of this section are true, and any party may rely on such deemed certification. Any request by Developer for a written certification to a third party shall be accompanied by payment to City of a fee for such certification in an amount established by the Council from time to time. 14. Mortgagee Protection; Certain Rights of Cure. 14.1 Mortgagee Protection. This Agreement shall be superior and senior to any lien placed upon the Property, or any portion thereof after the date of recording this Agreement, including the lien for any deed of trust or mortgage ("Mortgage"). Notwithstanding the foregoing, no breach hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good faith and for value, the purchaser at any trustee's sale or foreclosure sale shall not be liable for any violation hereof occurring prior to the acquisition of title by such purchaser but all the terms and conditions contained in this Agreement shall be binding upon and effective against any person or entity, including any deed of trust beneficiary or mortgagee ("Mortgagee") who acquires title to the Property, or any portion thereof, by foreclosure, trustee's sale, deed in lieu of foreclosure, or otherwise. 14.2 Mortgagee Not Obligated. Notwithstanding the provisions of Section 14.1, no Mortgagee shall have any obligation or duty under this Agreement, before or after foreclosure or a deed in lieu of foreclosure, to construct or complete the construction of improvements, or to guarantee such construction of improvements, or to guarantee such construction or completion, or to pay, perform or provide any fee, dedication, improvements or other exaction or imposition; provided, however, that a Mortgagee shall not be entitled to devote the Property to any uses or to construct any improvements thereon other than those uses or improvements provided for or authorized by the Project Approvals or by this Agreement. 14.3 Notice of Default to Mortgagee and Extension of Right to Cure. If City receives notice from a Mortgagee requesting a copy of any notice of default given Developer hereunder and specifying the address for service thereof, then City shall deliver to such Mortgagee, concurrently with service thereon to Developer, any notice given to Developer with respect to any claim by City that Development Agreement Page 10 of 16 Fairway Ranch Condominium Component 633100-3 Developer has committed an event of default. Each Mortgagee shall have the right during the same period available to Developer to cure or remedy, or to commence to cure or remedy, the event of default claimed set forth in the City's notice. City, through its City Manager, may extend the thirty-day cure period provided in Section 12.2 for not more than an additional sixty (60) days upon request of Developer or a Mortgagee. 15. Severability. The unenforceability, invalidity or illegality of any provision, covenant, condition or term of this Agreement shall not render the other provisions hereof unenforceable, invalid or illegal. 16. Attorneys' Fees and Costs. If City or Developer initiates any action at law or in equity to enforce or interpret the terms and conditions of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs in addition to any other relief to which it may otherwise be entitled. If any person or entity not a party to this Agreement initiates an action at law or in equity to challenge the validity of any provision of this Agreement or the Project Approvals, the Parties shall cooperate in defending such action. Developer shall bear its own costs of defense as a real party in interest in any such action, and shall reimburse City for all reasonable court costs and attorneys' fees expended by City in defense of any such action or other proceeding. 17. Transfers and Assignments. 17.1 Right to Assign. Developer may wish to sell, transfer or assign all or portions of its Property to other developers (each such other developer is referred to as a "Transferee"). In connection with any such sale, transfer or assignment to a Transferee, Developer may sell, transfer or assign to such Transferee any or all rights, interests and obligations of Developer which arise hereunder and pertain to the portion of the Property being sold or transferred to such Transferee; provided, however that: no such transfer, sale or assignment of Developer's rights, interests and obligations hereunder shall occur by operation of law or otherwise absent prior written notice to City and written approval thereof by the City Manager, which approval shall not be unreasonably withheld or delayed. 17.2 Approval and Notice of Sale, Transfer or Assignment. The City Manager shall consider and decide on any proposed transfer, sale or assignment of Developer's rights, interests and obligations hereunder within ten business (10) days following receipt of Developer's notice, provided all documents, certifications and other information reasonably requested by City are provided to the City Manager to enable the City Manager to determine whether the proposed Development Agreement Page 11 of 16 Fairway Ranch Condominium Component 633100-3 Transferee can perform the Developer's obligations hereunder. Notice of any such approved sale, transferor assignment (including a description of all rights, interests and obligations that have been transferred and those which have been retained by Developer) shall be recorded in the official records of Alameda County, in a form acceptable to the City Manager, concurrently with such sale, transfer or assignment. 17.3 Effect of Sale, Transfer or Assignment. Developer shall be released from any obligations hereunder sold, transferred or assigned to a Transferee pursuant to this Section 17, provided that: a) such sale, transferor assignment has been approved by the City Manager pursuant to this Section 17, b) such obligations are expressly assumed by Transferee, and (c) such Transferee shall be subject to all the provisions hereof and shall provide all documents, certifications and other information reasonably requested by City prior to City Manager approval pursuant to this Section 17. 17.4 Permitted Transfer, Purchase or Assignment. The sale or other transfer of any interest in the Property to a purchaser ("Purchaser") pursuant to the exercise of any right or remedy under athird-party deed of trust encumbering Developer's interest in the Property shall not require City Manager approval pursuant to this Section 17. However, any subsequent transfer, sale or assignment by such Purchaser to a subsequent transferee, purchaser, or assignee shall be subject to the provisions of this Section. 18. Agreement Runs with the Land. All of the provisions, rights, terms, covenants, and obligations contained in this Agreement (with the exception of City's obligation to provide financing to Developer pursuant to the Loan Agreement) shall be binding upon the Parties and their respective heirs, successors and assignees, representatives, lessees, and all other persons acquiring the Property, or any portion thereof, or any interest therein, whether by operation of law or in any manner whatsoever. All of the provisions of this Agreement shall constitute covenants running with the land pursuant to applicable laws. Each covenant to do, or refrain from doing, any act on or with respect to the Property pursuant to this Agreement: (a) is for the benefit of or is a burden upon the Property, (b) runs with the land, and (c) is binding upon the Developer and each successive owner during its ownership of the Property or any portion thereof. 19. Bankruptcy. The obligations of Developer under this Agreement shall not be dischargeable in bankruptcy. Development Agreement Page 12 of 16 Fairway Ranch Condominium Component 633100-3 20. Indemnification; Prevailing Wages. 20.1 Indemnification. Developer agrees to indemnify, defend and hold harmless City, and its elected and appointed councils, boards, commissions, officers, agents, employees, and representatives from any and all claims, costs (including legal fees and costs) and liability for any personal injury or property damage which may arise directly or indirectly as a result of any actions or inactions by the Developer, or any actions or inactions of Developer's contractors, subcontractors, agents, or employees in connection with the construction, improvement, operation, or maintenance of the Property and the Project, provided that Developer shall have no indemnification obligation with respect to the gross negligence or willful misconduct of City, its contractors, subcontractors, agents or employees or with respect to the maintenance, use or condition of any improvement after the time it has been dedicated to and accepted by the City or another public entity (except as provided in an improvement agreement or maintenance bond). 20.2 Prevailing Wages. The Parties acknowledge that the Project or phases of it are intended by Developer to be exempt from California Labor Code Section 1720 et seq. and the regulations adopted pursuant thereto ("Prevailing Wage Laws") by virtue of Labor Code Section 1720(d). If for any reason, the Prevailing Wage Laws are found to be applicable to the Project, Developer and its contractors shall comply with such laws. Developer shall, and hereby agrees to, unconditionally indemnify, reimburse, defend, protect and hold harmless City and its elective and appointive boards, commissions, officers, agents, attorneys, consultants and employees, and their respective successors and assigns, from and against any and all claims, demands, suits and actions at law or in equity, and losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, and costs and damages of every kind, nature and description (including but not limited to attorneys' fees and court costs, with counsel reasonably acceptable to City), and administrative, enforcement or judicial proceedings, whether known or unknown, and which directly or indirectly, in whole or in part, are caused by, arise from, or relate to, or are alleged to be caused by, arise from, or relate to, the payment or requirement of payment of prevailing wages or the requirement of competitive bidding in the construction of the Project, the failure to comply with any state or federal labor laws, regulations or standards in connection with this Agreement, including but not limited to the Prevailing Wage Laws, or any act or omission of City or Developer related to this Agreement with respect to the payment or requirement of payment of prevailing wages or the requirement of competitive bidding, whether or not any insurance policies shall have been determined to be applicable to any such claims, demands, suits, actions, losses, liabilities, expenses, penalties, fines, orders, judgments, injunctive or other relief, costs, damages, or administrative, enforcement or judicial proceedings. It is further agreed that City .does not, and Development Agreement Page 13 of 16 Fairway Ranch Condominium Component 633100-3 shall not, waive any rights against Developer which it may have by reason of this indemnity and hold harmless agreement because of the acceptance by City, or the deposit with City by Developer, of any of the insurance policies described in this Agreement. The representations, warranties and covenants contained in this Section shall survive the termination of this Agreement. 21. Insurance. 21.1 Public Liability and Property Damage Insurance. During the term of this Agreement, Developer shall maintain in effect a policy of comprehensive general liability insurance with aper-occurrence combined single limit of not less than five million dollars ($5,000,000) with a Twenty Five Thousand Dollar ($25,000) self insurance retention per claim. The policy so maintained by Developer shall name the City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement. 21.2 Workers Compensation Insurance. During the term of this Agreement Developer shall maintain Worker's Compensation insurance for all persons employed by Developer for work at the Project site. Developer shall require each contractor and subcontractor similarly to provide Worker's Compensation insurance for its respective employees. Developer agrees to indemnify the City for any damage resulting from Developer's failure to maintain any such insurance. 21.3 Evidence of Insurance. Prior to City Council approval of this Agreement, Developer shall furnish City satisfactory evidence of the insurance required in Sections 21.1 and 21.2 and evidence that the carrier is required to give the City at least fifteen days prior written notice of the cancellation or reduction in coverage of a policy. The insurance shall extend to the City, its elective and appointive boards, commissions, officers, agents, employees and representatives and to Developer performing work on the Project. 22. Sewer and Water. Developer acknowledges that it must obtain water and sewer permits from the Dublin San Ramon Services District ("DSRSD") which is another public agency not within the control of City. 23. Notices. All notices required or provided for under this Agreement shall be in writing. Notices required to be given to City shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dublin, CA 94568 Development Agreement Page 14 of 16 Fairway Ranch Condominium Component 633100-3 FAX No. (925) 833-6651 Notices required to be given to Developer shall be addressed as follows: A Party may change address by giving notice in writing to the other party and thereafter all notices shall be addressed and transmitted to the new address. Notices shall be deemed given and received upon personal delivery, or if mailed, upon the expiration of 48 hours after being deposited in the United States Mail. Notices may also be delivered by overnight courier in which case they shall be deemed given on the following day or by facsimile transmission in which case they shall be deemed delivered upon verification of receipt. 24. Agreement is Entire Understanding. This Agreement, the loan commitment letter executed by City and dated 2003, the Component Development Agreements, the Regulatory Agreements, and the Loan Agreements (and related deed(s) of trust and promissory note(s) constitute the entire understanding and agreement of the Parties with respect to the subject matter hereof and supersede all prior negotiations, understandings or agreements pertaining thereto. 25. Exhibits. The following Exhibits are attached hereto and incorporated herein by this reference: Exhibit A Legal Description of Property Exhibit B Additional Conditions 26. Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, and all of which taken together shall constitute one agreement. 27. Recordation; Further Assurances. City shall record a copy of this Agreement within ten days following execution by all Parties. The Parties agree to execute such additional instruments and to undertake such actions as may be necessary to effectuate the intent of this Agreement. Development Agreement Page 15 of 16 Fairway Ranch Condominium Component 633100-3 28. Relationship of Fairway Ranch Development Agreement and Component Development Agreement. Although this Agreement does not include all of the provisions of the Fairway Ranch Development Agreement, including but not limited to the provisions of the Fairway Ranch Development Agreement related to phasing of development of Parcels 1, 2 and 3 and compliance with City's Inclusionary Zoning Regulations, the provisions of the Fairway Ranch Development Agreement related to phasing and compliance with the City's Inclusionary Zoning Regulations may restrict the timing of development of the Multifamily Component. IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date and year first written above. CITY OF DUBLIN By: Mayor ATTEST: By: City Clerk APPROVED AS TO FORM: City Attorney DEVELOPER By: Print Name: Its: Development Agreement Page 16 of 16 Fairway Ranch Condominium Component 633100-3 State of California County of Alameda On , 2003, before me, the undersigned, a Notary Public, in and for said State and County, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary Public Exhibit A LEGAL DESCRIPTION OF PROPERTY Parcel of Tract Map 7453, recorded. Exhibit B ADDITIONAL CONDITIONS This Exhibit B contains Additional Conditions imposed pursuant to Section 5.3 of the Development Agreement ("Agreement"), by and between the City of Dublin, a Municipal Corporation ("City") and Chang Su-O-Lin, Hong Lien Lin and Hong Yao Lin (collectively, the "Developer") dated as of , 2003. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement. 5.3.1 Subsequent Discretionary Approvals None. 5.3.2 Mitigation Conditions A. Infrastructure Sequencing Program. The infrastructure sequencing program for the Project is set forth below. (i) Roads: The project-specific roadway improvements (and offers of dedication) identified in Resolution No. of the City of Dublin Planning Commission approving the Tentative Map for Tract 7453 and the City Council Resolution approving the Site Development Review (hereafter "TM and SDR Resolutions"), and those described below shall be completed by Developer to the satisfaction of the City Engineer at the times and in the manner specified in the TM Resolution unless otherwise provided below. All such roadway improvements shall be constructed to the satisfaction and requirements of City's Engineer. -Condition _ [Dublin Boulevard/Dougherty Road Intersection Improvements]: Condition reads as follows: Intersection of Dougherty Road & Dublin Blvd. In the event that the City does not have sufficient Category 2 Eastern Dublin Traffic Impact Fee (TIF) funds available, Developer shall advance the City monies for the costs of design, right-of-way acquisition and construction of the City Capital Improvement Project at the Dublin Boulevard / Dougherty Road intersection. The amount of money to be advanced will be determined by the City Development Agreement - Exhibit B Page 1 of 6 Fairway Ranch Condominium Component 633100-3 Engineer based on the Project's fair share of the deficiency. Such payment is to be made within 30 days of written notice from the City Engineer. City shall provide a credit to the Developer for Category 2 TIF for any monies advanced pursuant to this condition. The City's Administration Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99) shall govern all aspects of the credit. DEVELOPER shall provide CITY with DEVELOPER's fair share, as determined by CITY on the basis of the Project's trips, for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements by a payment to CITY in cash in the amount of the Project's fair share of the deficiency, if any, between funds available to CITY for the costs of design and construction of Dublin Boulevard/Dougherty Road Intersection Improvements and the cost of such project, as determined by the Public Works Director. Such payment to be made within 30 days of written notice from the Public Works Director to be given following bid opening. Notwithstanding the provisions of Section _ of this Agreement, Condition _ shall survive termination of this Agreement. (ii) Sewer. All sanitary sewer improvements to serve the project site (or any recorded phase of the Project) shall be completed in accordance with DSRSD requirements. (iii) Water. An all weather roadway and an approved hydrant and water supply system shall be available and in service at the site in accordance with the tentative map conditions of approval to the satisfaction and requirements of the City's fire department. All potable water system components to serve the project site shall be completed in accordance with the DSRSD requirements. Recycled water lines shall be installed in accordance with the tentative map conditions of approval. (iv) Storm Drainage Development Agreement - Exhibit B Page 2 of 6 Fairway Ranch Condominium Component 633100-3 The storm drainage systems off site, as well as on site drainage systems to the areas to be occupied, shall be improved consistent with the Dublin Ranch Master Drainage Plan and the tentative map conditions of approval and to the satisfaction of the City Engineer (v) Other Utilities (e.g. gas, electricity, cable televisions, telephone) Construction shall be completed by phase prior to issuance of the first Certificate of Occupancy for any building within that specific phase of occupancy. B. Miscellaneous (i) Completion of Public Improvements May Be Deferred. Notwithstanding the foregoing, City's Engineer may, in his or her sole discretion and upon receipt of documentation in a form satisfactory to the City Engineer that assures completion, allow Developer to defer completion of discrete portions of any public improvements for the Project if the Public Works Director determines that to do so would not jeopardize the public health, safety or welfare. 5.3.3 Phasing; Timing This Agreement does not require the Developer to commence or complete development of the Project within any period of time set by City. Subject to the provisions of the Fairway Ranch Development Agreement, Developer shall be permitted to develop the Property in accordance with its own time schedule, consistent with the Project Approvals. 5.3.4 Financing Plan Developer shall install all improvements necessary for the Project at its own cost (subject to credits for any improvements which qualify for credits as provided in Section 5.3.6 below). Other infrastructure necessary to provide sewer, potable water, and recycled water services to the Project will be made available by the Dublin San Ramon Services District. Developer will enter into an "Area Wide Facilities Agreement" with the Dublin San Ramon Services District to pay for the cost of extending such services to the Project. Such services shall be provided as set forth in Sections 5.3.2(A)(ii) and (iii) above. Development Agreement - Exhibit B Page 3 of 6 Fairway Ranch Condominium Component 633100-3 5.3.5 Fees, Dedications A. Traffic Impact Fees. Developer shall pay the Eastern Dublin Traffic Impact Fee ("TIF") established by Resolution No. 225-99, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. Developer further agrees that it will pay a minimum of three percent (3%) of the "Section 1/Category 1" portion of the TIF in cash. Developer also agrees that it will pay 12.4% of the "Section 2/Category 2" portion of the TIF in cash. If City amends its TIF fee and as a result the City's outstanding balance due on loans is less than 12.4% of total Section 2/Category 2 improvements, the Developer shall pay such reduced percentage of the "Section 2/Category 2" portion of the TIF in cash. Developer may use any credits it has for payment of the balance of the TIF in accordance with City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 "TIF Guidelines"). B. Traffic Impact Fee to Reimburse Pleasanton for Freeway Interchanges. Developer shall pay the Eastern Dublin I-580 Interchange Fee established by City of Dublin Resolution No. 11-96 as amended by Resolution No. 155-98 and by any subsequent resolution which revises such Fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. C. Public Facilities Fees. Developer shall pay a Public Facilities Fee established by City of Dublin Resolution No. 214-02, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the then-current amount of the fee. Developer may use the credits for payment of the Community Park Land portion of the Public Facilities Fee granted to the Lin Family by the Master Development Agreement in accordance with City's Public Facilities Fee Guidelines (Resolution 195-99). Development Agreement - Exhibit B Page 4 of 6 Fairway Ranch Condominium Component 633100-3 D. Noise Mitigation Fee. Developer shall pay a Noise Mitigation Fee established by City of Dublin Resolution No. 33-96, including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. E. School Impact Fees. School impact fees shall be paid by Developer in accordance with California Government Code Section 53080 and the agreement between Developer and the Dublin Unified School District regarding payment of mitigation fees. F. Fire Impact Fees. Developer shall pay a fire facilities fee established by City of Dublin Resolution No. 12-03 including any future amendments to such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the fee in effect at time of building permit issuance. Developer may use any credits it has for payment of the fire facilities fee, provided credits for improvements, land and equipment may only be used to satisfy payment of the same components of the fire facilities fee. G. Tri-Valley Transportation Development Impact Fee. Developer shall pay the Tri-Valley Transportation Development Fee in the amount and at the times set forth in City of Dublin Resolution No. 89-98 or any subsequent resolution which revises such fee. Developer will pay such fees no later than the time of issuance of building permits and in the amount of the impact fee in effect at time of building permit issuance. 5.3.6 Credit A. Traffic Impact Fee Improvements -- Credit City shall provide a credit to Developer for those improvements described in the resolution establishing the Eastern Dublin Traffic Impact Fee if such improvements are constructed by the Developer in their ultimate location. All aspects of the credit shall be covered by City's Administrative Guidelines for Eastern Dublin Traffic Impact Fees (Resolution No. 23-99 ("TIF Guidelines"). B. Traffic Impact Fee Right-of-Way Dedications --Credit Development Agreement - Exhibit B Page 5 of 6 Fairway Ranch Condominium Component 633100-3 City shall provide a credit to Developer for any TIF area right-of- way to be dedicated by Developer to City which is required for improvements which are described in the resolution establishing the Eastern Dublin Traffic Impact Fee. All aspects of the credits shall be governed by the TIF Guidelines. 5.3.7 Miscellaneous A. Affordable Units In accordance with the City's Inclusionary Zoning Ordinance (Dublin Municipal Code Chapter 8.68), the Fairway Ranch Development Agreement and the Regulatory Agreement, Developer shall ensure that 52 housing units constructed as part of the Project shall be available for a period of not less than 55 years to households of moderate income at affordable housing cost. B. Survival. The provisions of this Section 5.3.7 shall survive the expiration of the term of the Agreement. Development Agreement - Exhibit B Page 6 of 6 Fairway Ranch Condominium Component 633100-3 Transportation Consultants MEMORANDUM April 10, 2003 To: Ray Kuzbari Project No.: 157-166 (Dublin) From: Gordon Lum No. of Pages: 3 (including Excel table) Subject: Summary of Parking Surveys Expected Parking Demand for Senior Units Parking demand for senior units in the proposed Fairway Ranch Developments needs to reflect that these units may generate less auto ownership than do units without any age restriction. To estimate the expected parking demand for the proposed senior units, TJKM conducted field surveys at the following six affordable senior facilities: • Ridge View Commons (62 and older), Pleasanton, 200 units, and 228 parking spaces. • Stanley Junction Apartments (62 and older), Pleasanton, 86 units, and 58 parking spaces. • Parkview Senior (55 and older), San Jose, 140 units, and 88 parking spaces. • Heritage Park (55 and older), Livermore, 167 units and 189 parking spaces. • Rotary Manor (55 and older), San Rafael, 99 units and 53 parking spaces. Villas San Ramon (62 and older), San Ramon, 59 units and 79 parking spaces. As shown on Table I, the surveys indicate that on average these six complexes supplied 0.81(=695/854) on-site parking stall per bedroom. The senior apartments at the proposed Fairway Ranch development is expected to consist of 180 one-bedroom units and 140 two-bedroom units for a total of 460 bedrooms (=180 + (140x2)). Given this large percentage (44%=140/320) of two bedroom units compared to the surveyed percentage of 14 percent (=103/751), the supply rate of 0.81 on-site parking/bedroom was used to estimate the senior parking requirement at Fairway Ranch. Applying this rate results in the Fairway Ranch development needing a total of 373 stalls (=0.81 supplied stall bedroom x 460 bedrooms). Converting these stalls to stalls/unit requirement for the senior apartments at Fairway results in 1.17 stalls/unit (=373 stalls/320 senior units). Therefore, a requirement of 1.17-parking space per senior unit is expected to be adequate at Fairway Ranch. Detailed survey results for affordable senior units are attached hereto. 5960 Inglewood Drive, Suite 100 Pleasanton, CA 94588-8535 PLEASANTON 925-463-0611 phone 925-463-3690 fax www.tjkm.com SANTA ROSA • . • • - • ~ - ATTACHMENT 5 Ray Kuzbari, April 10, 2003, Pg. 2 Expected Parking Demand for Affordable Family Rental Units To estimate the expected parking demand for the proposed affordable family rental units, TJKM conducted field surveys at the following five affordable family apartment complexes: • The Oaks, Walnut Creek, 36 units and 57 parking spaces • Los Robles Apartments, Union City, 150 units and 217 parking spaces • Parkview Family Apartments, San Jose, 90 units and 137 parking spaces • Crescent Park, Richmond, 378 units and 586 parking spaces • Turina House, San Rafael, 28 units and 36 parking spaces The results of the surveys indicate that the maximum number of parked vehicles per occupied apartment unit at the five complexes was 1.12, with a minimum of 1.05 and a weighted average of 1.08. As shown on Table I, the average supply of on-site stalls for the five complexes was 1.54 stall/unit (=1033/672). Therefore, a requirement of 1.54-parking space per affordable family unit is expected to be adequate for similar units at Fairway Ranch. Detailed survey results for affordable family units are attached hereto. Table I: Parking Occupancy Totals for Affordable Senior and Family Units Total Occupied Units: Total Units at Six Sites: Percent Occupied Units: Total Occupied Stalls: Total Stalls Available: Percent Occupied Stalls: ..Average Supply: Surveyed Demand: Total Bedrooms at Six Sites: Surveyed Demand per Bedroom Surveyed Supply per Bedroom Fairway Ranch Senior Apartm~ 744 751 99% 502 695 72% 0.93 stall/unit 0.67 occupied stall/occupied unit 854 0.59 occupied stall/bedroom 0.81 on site stall/bedroom Total Number of Bedrooms 460 (180 one bedroom, 140 two bedrooms) Derived parking regmt based on 0.81 on site stall/bedroom: 373 stalls Derived parking requirement based on 373 stalls/320 units: 1.17 stalls/unit Summary for FAMILY Units Total Occupied Units: Total Units at Five Sites: Percent Occupied Units: 635 672 94% Total Occupied Stalls: Total Stalls Available: Percent Occupied Stalls: (Average Supply Surveyed Demand: 684 1033 66% 1.54 stall/unit 1.08 stall/occupied unit Parking Occupancy for Affordable SENIOR Units Rids~e View Commons (Pleasanton A e Restriction - 62+ Total Units = 200 Total Stalls = 215 + 13HC Total Occu ied Units = 200 HC=Handicapped Total Bedrooms = 220 180 one bedroom, 20 two bedrooms Time Of Surve -12:30 AM Date of Surve -- 03!19/03 Weekda Occu ied = 117 + 7HC Sunda Occu ied = 104+ 6HC Weekda Occu anc = 57°~ Weekend Occu an = 48% Overflow arkin on street: None Derived Parkin Demand = 124/200 = 0.62 occu led stall/occu led unit Derived Parkin Demand = 124/220 = 0.56 occu led stall bedroom A e Restriction - 55+ Total Units = 140 Total Stalls = 80 + 8HC Total Occu ied Units = 133 Total Bedrooms = 162 118 one bedroom, 22 two bedrooms Time Of Surve -1:00 AM Date of Surve -- 03!28103 Weekda Occu led = 78 + 6HC Weekda Occu an = 95% Weekend Occu led = 66 + 6HC Weekend Occu an = 82% Overflow arkin on street: Unknown Derived Parkin Demand =841133 = 0.63 occu led stall/occu led unit Derived Parkin Demand =84/162 = 0.52 occu led sta11/bedroom Heritage Park (Livermore) A e Restriction - 55+ Total Units = 167 Total Stalls = 179 + 1 OHC Total Occu led Units = 167 Total Bedrooms= 206 128 one bedroom, 39 two bedrooms Time Of Surve -- 12:30 AM Date of Surve -- 04!02/03 Weekda Occu ied = 109 + 8HC Weekda Occu an = 62% Overflow arkin on street: Maximum of 20 vehicles Derived Parkin Demand includin overflow = 137/167 = 0.82 stall/occu led unit Derived Parkin Demand incudin overflow = 137!206 = 0.67 staillbedroom Rotary Manor (San Rafael) A e Restriction -- 55+ Total Units = 99 Total 5ta115 = 53 Total Occu led Units = 99 Total Bedrooms= 109 89 one bedroom, 10 two bedrooms Time Of Surve - 12:30 AM Date of Surve - 04/02/03 Weekda Occu led = 52 Weekda Occu an = 98% Overflow arkin on street: Maximum of 15 vehicles Derived Parkin Demand includin overflow = 67!99 = 0.68 occu ied stalUoccu ied unit Derived Parkin Demand includin overflow = 67!109 = 0.61 occu led stalilbedroom Vtila San Ramon (San Ramon) A e Restriction -- 62+ Total Units = 59 Total Stalls = 79 Total Occu led Units = 59 Total Bedrooms = 71 10 studios, 37 one bedroom and 12 two-bedrooms Time Of Surve -- 12:30 AM Date of Surve -- 04!02103 Weekda Occu led = 38 Weekda Occu anc = 48% Overflow Parkin on street: None Derived Parkin Demand = 38!59 = 0.64 occu led sta111occu led unit Derived Parkin Demand = 38!61 = 0.62 occu led stall/bedroom Parkview Senior (San Jose) Parkina Occupancy for Affordable FAMILY Units The Oaks (Walnut Creek) Total Units = 36 Total Stalls = 55 + 2HC Total Occu ied Units = 36 No Overflow Re orted Total Bedrooms = 84 3 one, 18 two, 15 three Time Of Surve -- 12:00 AM Date of Surve -- 03/28/03 Weekda Occu ied = 36 + ZHC Weekend Occu ied = 29+ 2H Weekda Occu anc = 67% Weekend Occu anc = 54% Derived Parkin Demand = 38/36 = 1.05 occu ied stall/occu ied unit Derived Parkin Demand = 38/84 = 0.45 occu ied stall/bedroom Los Ro61es Ants. (Union Citv) Total Units = 140 Total Stalls = 201 + 16HC Total Occu ied Units = 135 No Overflow Re orted Total Bedrooms = 268 38 one, 82 two, 14 three, 6 four Time Of Surve -- 12:00 AM Date of Surve -- 03/28/03 Weekda Occu ied = 136 + 15HC Weekend Occu ied = 119+13HC Weekda Occu anc = 70% Weekend Occu anc = 61 Derived Parkin Demand = 1511135 = 1.12 occu ied stall/occu ied unit Derived Parkin Demand = 1511268 = 0.56 occu ied stall/bedroom Parkview Famil Apts. (San Jose Total Units = 90 Total Stalls = 130 + 7HC Total Occu ied Units = 90 No Overflow Re orted Total Bedrooms= 209 5 one 52 two, 32 three, 1 four Time Of Surve -- 1:30 AM Date of Surve -- 03/28/03 Weekda Occu ied = 92 + 5HC Weekda Occu anc = 71 Weekend Occu ied = 79 + 6HC Weekend Occu anc = 62% Derived Parkin Demand = 97/90 = 1.08 occu ied stallloccu ied unit Derived Parkin Demand = 97/209 = 0.47 occu ied stall/bedroom Crescent Park. Richmond Total Units = 378 Total Stalls = 584 + 2HC Total Occu ied Units = 346 No Overflow Re orted Total Bedrooms= 530 272 one, 64 two, 38 three, 4 four Time Of Surve -- 1:30 AM Date of Surve -- 03/28/03 Weekda Occu ied = 365 + 2HC Weekda Occu anc = 63% Weekend Occu ied = 303 + 2HC Weekend Occu anc = 52% Derived Parkin Demand = 367/346 = 1.06 occu ied stall/occu ied unit Derived Parkin Demand = 3671530 = 0.69 occu ied stall/bedroom Turina House (San Rafael) Total Units = 28 Total Stalls = 36 Total Occu ied Units = 28 No Overflow Re orted Total Bedrooms= 54 5 one, 20 two, 3 three Time Of Surve -- 1:30 AM Date of 5urve -- 03/28/03 Weekda Occu ied = 31 Weekda Occu anc = 86% Derived Parkin Demand = 31!28 = 1.11 occu ied stall/occu ied unit Derived Parking Demand = 31/54 = 0.57 occupied stall/bedroom 1NCLUSIONARY ZONING REGULATIONS Chapter 8.68 CHAPTER 8.68 INCLUSIONARY ZONING REGULATIONS 8.68.010. Purpose. The purpose of this chapter is to: A. enhance the public welfare and assure that further housing development contributes to the attainment of the City's housing goals by increasing the production of residential units affordable by households ofvery-low-, low-, and moderate income. B. assure that the limited remaining developable land in the City's planning area is utilized in a manner consistent with the City's housing policies and needs. 8.68.020. Definitions. As used in this chapter, each of the following terms shall be defined as follows: A. "Affordable Unit" means an ownership or rental-housing unit, including senior housing, affordable to households with very-low-, low-, or moderate incomes as defined in this chapter. Rental units are deemed affordable units if the annual rent does not exceed 30% of maximum income level for very-low-, low-, and moderate-income households, adjusted for household size and as defined below. 2. Owner-occupied units are deemed affordable units if the sales price results in annual housing expenses that do not exceed 35% of maximum income level. for very-low-, low-, and moderate-income households, adjusted for household size and as defined below. B. "Applicant" means any person, firm, partnership, association, joint venture, corporation, or any entity or combination of entities that seeks city real property development permits or approvals. C. "Dwelling unit" means a dwelling designed and intended for occupancy by one household. D. "Very-low-, low-, and moderate-income levels" means those income and eligibility levels determined periodically by the California Department of Housing and Community Development based on Alameda County median income levels adjusted for family size. Such levels shall be calculated on the basis of gross annual household income considering household size and number of dependents, income of all wage earners, elderly or disabled family members, and alI other sources of household income and will be recertified as set forth by local standards, and state grid federal housing law. 1. "Very-low income" means 50% or less of the median income, adjusted for actual household size. 2. "Low income" means more than 50% to 80% of the median income, adjusted for actual household size. 3. "Moderate income" means more than 80% to 120% of the median income, adjusted for actual household size. E. "Resale controls and/or rent restrictions" means legal restrictions by which the affordable units shall be restricted to ensure that the unit remains affordable to very-low-, low-, or moderate-income City of Dublin Zoning Ordinance 68-1 September, 1997 ATTIC H ~ E N T ~ evised_January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 households, as applicable, for a period of not less than 55 years. With respect to rental units, such rent restrictions shall be in the form of a regulatory agreement recorded against the applicable property. With respect to owner-occupied units, such resale controls shall be in the form of resale restrictions, deeds of trust, and/or other similar documents recorded against the applicable property. F. "Residential development" includes, without limitation, detached single-family dwellings, multiple- dwelling structures, groups of dwellings, condominium or townhouse developments, condominium conversions, cooperative developments, mixed use developments that include housing units, and residential land subdivisions intended to be sold to the general public. 8.68.030. General Requirements A. 12.5% Affordability Requirement. All new residential development projects of 20 units or more designed and intended for permanent occupancy shall construct 12.5% of the total number of dwelling units within the development as affordable units, except as otherwise provided by this chapter. The foregoing requirement shall be applied no more than once to an approved development (and generally at the tentative map stage), regardless of the changes in the character or ownership of the development, provided the total number of units does not change. In applying and calculating the affordability requirement, any decimal fraction less than or equal to 0.50 maybe disregarded, and any decimal fraction greater than 0.50 shall be construed as one unit. B. Allocation of Units to Income Levels. Affordable units provided pursuant to this section shall be allocated to households with very-low, low-, and moderate-income levels as follows: Very-low-income households 30% Low-income households 20% Moderate-income households 50% Where the calculation of the allocation results in fewer units that would otherwise be required pursuant to subdivision A above, one additional unit should be allocated to the income level with a decimal fraction closest to 0.50. C. Conditions of Approval: Any tentative map, conditional use permit, or site development review approving residential development projects subject to this chapter shall contain conditions sufficient to ensure compliance with the provisions of this chapter. Such conditions shall detail the number of affordable units required, specify the schedule of construction of affordable units, set forth the applicant's manner of compliance with this chapter, and require the execution of an agreement imposing appropriate resale controls and/or rental restrictions on the affordable units. D. Concurrent Construction. All affordable units in a project or phase of a project shall be constructed concurrently with market-rate units, unless the City Manager determines in writing that extenuating circumstances exist that make concurrent construction infeasible or impractical. E. Design and Distribution of Affordable Units. All affordable units shall reflect the range of numbers of bedrooms provided in the project as a whole and shall not be distinguished by exterior design, construction, or materials. Affordable units may be of smaller size than the units in the project City of Dublin Zoning Ordinance 68-2 September, 1997 Revised_January 2003 INCLUSIONARY ZONING REGULATIONS Ghapter 8.68 and may have fewer amenities than the market rate units in the project. All affordable units shall be reasonably dispersed throughout the project. 8.68.040. Exceptions to 12.5% Affordability Requirement. Developers of projects subject to 8.68.030.A shall construct 12.5% of the total number of dwelling units within the development as affordable units, unless subject to an exception set forth in this section. All exceptions require City Council approval, which shall be obtained at or prior to the last discretionary approval for the project. A. Payment of Fees In-Lieu of Creation of Affordable Units. Upon request of the applicant, the City Council shall permit the applicant to pay a fee in lieu of constructing up to 40 percent of the affordable units that the developer would otherwise be required to construct pursuant to section 8.68.030.A. The amount of the fee shall be as set forth in a resolution of the City Council, which may be amended from time to time to reflect inflation and changed conditions in the City and the region. In-lieu fees shall be paid at and the time and in the amount set forth in the in-lieu fee resolution in effect at the time of issuance of the building permit. B. Off-Site Projects. An applicant may construct the affordable units not physically within the development in lieu of constructing some or all of the affordable units within the development, with the approval of the City Council, if the City Council finds: 1. that construction of the units off-site in lieu of constructing units on-site is consistent with the chapter's goal of creating, preserving, maintaining, and protecting housing for very low-, low- and moderate-income households. 2. that the units to be constructed off site are consistent with section 8.68.030.E above that it would be infeasible or impractical to construct affordable units on-site. 4. that conditions of approval for the project require that the off-site affordable units would be governed by the terms of a deed restriction and, if applicable, rental restrictions similar to that used for the on-site affordable units. 5. that the conditions of approval for the project, or other security such as a cash deposit, bond, or letter of credit, are adequate to require the construction of the off-site affordable units concurrently with the completion of the construction of the residential development or within a reasonable period (not to exceed 5 years). C. Land Dedication. An applicant may dedicate land to the City or city-designated local non-profit housing developer in lieu of construction of some or all of the required affordable units, if the council finds that: that dedication of land in-lieu of constructing units is consistent with the chapter's goal of creating, preserving, maintaining, and protecting housing for very-low, low- and moderate- income households. 2. that the dedicated land is large enough and appropriately zoned to accommodate the number of units that the applicant would otherwise be required to construct by section 8.68.030.A, is useable for its intended purpose, is free of toxic substances and contaminated soils, and is City of Dublin Zoning Ordinance 68-3 September, 1997 Revised_January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 • fully improved, with infrastructure, adjacent utilities, grading, and all development-impact fees paid excluding any inclusionary zoning ordinance fees. that the proposed land dedication is of sufficient size to meet the following requirements: a. the dedication includes land sufficient to construct the number of units that the applicant would otherwise be required to construct by Section 8.68.030.A, based on the size of lots in the subdivision for which the applicant is meeting its obligation; and b. in addition, the dedication includes such additional land the market value for which is equal to or exceeds the difference between the value of a market-rate 1200-square foot unit and the price at which such a unit could be sold as an Affordable Unit ($72,176) times the number of units required. D. Credit transfers. An applicant may fully or partially satisfy the requirements of section 8.68.030.A through the use of transfer credits created pursuant to section 8.68.060. Credit certificates shall be presented to the Community Development Director, who shall note at the time of project approval the credit certificate by number. Credit certificates may only be used to satisfy the requirements for Inclusionary Units for the income category (i.e., very low, low, or moderate) and number of bedrooms for which they are issued. E. Waiver of Requirements. The City Council, at its discretion, may waive, wholly or partially, the requirements of this ordinance and approve alternate methods of compliance with this chapter if the applicant demonstrates, and the City Council finds, that such alternate methods meet the purposes of this chapter. 8.68.050. General Procedures for Implementing Inclusionary Zoning Requirements A. Agreements. Prior to the issuance of a building permit for an affordable unit, resale restrictions or rental controls, or both, as the case maybe, shall be set forth in an agreement between the City and the developer, in a form consistent with the City Council-adopted form agreement, which agreement shall be recorded against the property containing the affordable units. The agreement shall be executed by the City Manager, and its requirements shall run with the land and bind the applicant's successors. B. Rental Units; Occupancy; Annual Report. Agreements involving rental units shall require the owner of the affordable units to ensure that the units are occupied by tenants whose monthly income levels do not exceed moderate income levels and shall preclude tenants from subletting or subleasing the unit. The agreement shall also require the owner of the affordable unit to submit an annual. report to the City Manager, in a format approved by the City. The report shall include, but not be limited to the following information: an identification of the affordable units within the project; the monthly rents charged and proposed to be charged; vacancy information for the prior year; and the monthly income for tenants of each affordable unit throughout the prior year. C. Ownership Units; Occupancy; City's Right of First Refusal. Agreements for ownership units shall specify that the inclusionary units must be occupied by the owner or owners and may not be leased or rented without the written approval of the City. The resale restrictions shall provide that in City of Dublin Zoning Ordinance 68-4 September, 1997 Revised_January 2003 ... INCLUSIONARY ZONING REGULATIONS Chapter 8.68 the event of the sale of an affordable unit, the City shall have the right to purchase any affordable owner-occupant unit at the maximum price that could be charged to an eligible household. D. Selection Criteria. No household shall be permitted to occupy a unit that is required under this chapter to be affordable unless the City or its designee has approved the household's eligibility. Eligible potential occupants of affordable units will be qualified on the basis of household income, the median combined household income statistics far Alameda County published periodically by the California Department of Housing and Community Development, all sources of household income and assets, the relationship between household size and the size of available units, and any further criteria required by law. The developer shall use an equitable selection method established in conformance with the terms of this chapter. The selection criteria may not distinguish between adults and children. Selection of qualified person should be based on priorities established in the City's Affordable Housing Program as noted below: ^ Employed within the boundaries of the City of Dublin (3 points, one per household) ^ Public Service employee working in the City of Dublin (1 additional point) ^ Dublin resident (3 points, one per household) ^ Seniors (1 point, one per household) ^ Permanently disables (1 point, one per household) To qualify as "Employed within the boundaries of the City of Dublin," the person shall have been employed with the City of Dublin for at least six months. To qualify as a "Dublin resident," the person shall have been a resident of the City of Dublin for at least aone-year period prior to the eligibility determination. 8.68.060. Affordable Unit Credits. A. Creation. Affordable unit credits may be created by the City Council. One affordable unit credit certificate shall be issued for each affordable unit constructed in excess of the number of affordable units required to be constructed for the project by Section 8.68.030.A. The certificate shall designate a specific income category (i.e., very-low-, low-, or moderate income) and number of bedrooms for which they are issued. B. Ownership and use of credits. Affordable unit credit certificates are issued to and become the possession of the project owner, who may then use them to satisfy the requirements of this chapter for another project in the City. If a project owner proposes to sell credit certificates, the parties shall first obtain the consent of the Community Development Director, who will document the transfer by certificate number. 8.68.070. Incentives to Encourage On-Site Construction of Affordable Units. The City may, but shall not be required to, offer incentives or financial assistance to encourage the on-site construction of affordable units in excess of 12.5% of the total number of units in the project to the extent resources for this purpose are available and approved for such use by the City Council or City Manager. Such incentives may include, but shall not. be limited to, the following: Clty of Dublin Zoning Ordinance 68-5 September, 1997 Revised_January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 A. Fee Deferral. 1. Development Processing Fees. The City Manager may approve deferred payment of City processing fees applicable to the review and processing of the project. The terms and payment schedule of the deferred fees shall be subject to the approval of the City Manager. 2. Development Impact Fees. The City Council may authorize the deferred payment of development impact fees applicable to the affordable units. Approval of this incentive requires demonstration by the Applicant that the deferral increases the project's feasibility. The applicant must provide appropriate security to ensure future payment of such fees. B. Design Modifications. The City Council may approve design modifications to affordable units that increase the feasibility of the construction of affordable units, including but not limited to, the following: Reduced lot size. 2. Reduced setback requirements. Reduced open space requirements. 4. Reduced landscaping requirements. 5. Reduced interior or exterior amenities. 6. Reduction in parking requirements. 7. Height restriction waivers. 8.68.080. Inclusionary Zoning In-Lieu Fee Fund. In-lieu Fees shall be deposited into a fund known as the "Inclusionary Zoning In-Lieu Fees Fund" ("Fund"). A. Use. All monies in the Fund, together with any interest earnings on such monies less reasonable administrative charges, shall be used or committed to use by the City for the purpose of providing very-low-, low-, and moderate-income ownership or rental housing in the City of Dublin. B. Annual report. The City Manager shall prepare an annual report to the City Council identifying the balance of monies in the Fund and the affordable units provided and any monies committed to providing very-low-, low-, and moderate-income housing. The annual report shall also include a review of administrative charges. 8.68.090. Violations. It shall be unlawful for any person, firm, corporation, partnership or other entity that is subject to this ordinance pursuant to section 8.68.030.A to violate any provision or to fail to comply with any of the requirements of this chapter. A violation of any of the provisions or failing to comply with any of the requirements of this Chapter shall constitute a misdemeanor; except that notwithstanding any other provisions of this Code, any such violation constituting a misdemeanor under this chapter, may in the discretion of the enforcing authority, be charged and prosecuted as an infraction. Any person convicted of an infraction under the provisions of this Code shall be punishable as provided by the Government Code of the State of California. City of Dublin Zoning Ordinance 68-6 September, 1997 Revised_January 2003 INCLUSIONARY ZONING REGULATIONS Chapter 8.68 8.68.100. Enforcement. A. General. The City Manager shall enforce this chapter, and its provisions shall be binding on all agents, successors, and assigns of an applicant. The City Manager may suspend or revoke any building permit or approval upon finding a violation of any provision of this chapter. No land-use approval, building permit, or certificate of occupancy shall be issued for any residential development unless exempt from or in compliance with this chapter. The City may institute any appropriate legal actions or proceedings necessary to ensure compliance herewith, including, but not limited to, actions to revoke, deny, or suspend any permit or development approval. B. Excessive rents/legal action. If the City Manager determines that rents in excess of those allowed by operation of this chapter have been charged to a tenant residing in an affordable unit, the City may take appropriate legal action to recover, and the project owner shall be obligated to pay to the tenant, or to the City in the event the tenant cannot be located, any excess rents charged. 8.68.110. Appeals. Decisions of the City Manager under this Chapter may be appealed as provided in Chapter 8.136. City of Dublin Zoning Ordinance 68-7 September, 1997 Revised_January 2003 DENSITY BONUS REGULATIONS Chapter 8.52 CHAPTER 8.52 DENSITY BONUS REGULATIONS 8.52.010 Title. These regulations shall be called the Density Bonus Regulations of the City of Dublin. 8.52.020 Purpose. These regulations are intended to establish policies which facilitate the development of senior housing, and of affordable housing to serve a variety of economic needs within the City. In order to encourage the provision for lower and very low income housing, and senior citizen housing, the City shall provide applicants who agree to meet the requirements established by this Chapter, a density bonus and additional incentives if it is found necessary for affordability, or, the City shall provide other incentives of equivalent financial value. The regulations set forth in the Chapter shall apply City-wide, including the extended planning area. 8.52.030 Definitions. For the purposes of these regulations, certain words and phrases shall be interpreted as set forth in this Chapter unless it is apparent from the context that a different meaning is intended. Where any of the definitions in this Chapter may conflict with definitions in Chapter 8.08, Definitions, the definitions in this Chapter shall prevail for the purposes of this Chapter. A. Affordable Unit. A unit for which the rent or mortgage payment does not exceed, for lower income households, 30% of 60% of the Alameda County median income adjusted for household size, or for very low income households, 30% of 50% of the Alameda County median income adjusted for household size. B. Applicant. Any person, firm, partnership, association, joint venture, corporation, or any entity or combination of entities which seeks City permits and approvals for a project. C. Approval. Adoption of a resolution by the Planning Commission and/or City Council approving a discretionary permit such as a Tentative Map, Conditional Use Permit, Site Development Review, or Variance. D. City. The City of Dublin or its designee or any entity with which the City contracts to administer this chapter. E. Density Bonus. A 30% increase in the number of dwelling units authorized for a particular parcel of land beyond the otherwise maximum allowable residential density under the Zoning Ordinance and the Land Use Element of the General Plan as of the date of application for a project. F. Density Bonus Unit. A dwelling unit authorized as a result of the density bonus for a project. G. Dublin Employee. Any single person, head of household, or in the case of married couples either spouse, who has worked within the City Limits of Dublin City of Dublin Zoning Ordinance 52-1 Se tember, 1997 ATTACH ~ ENT '7 DENSITY BONUS REGULATIONS Chapter 8.52 continually for one (1) year immediately prior to the date of application for a restricted unit. H. Dublin Resident. Any person who has lived within the City Limits of Dublin continually for one (1) year immediately prior to the date of application for a restricted unit. Continually shall be construed to include lapses of residency of no longer than six months. I. First Time Home Buyer. A person who has not held an ownership interest in a residence within the past three years. J. Household. One person living alone or two or more persons sharing residency whose income is available to meet the family's needs and who are related by blood, marriage or operation of law. K. Incentive. A benefit offered by the City to facilitate construction of housing projects which include restricted units. Among others, benefits may include fee waivers for restricted units and priority processing for projects which provide restricted units. L. Lower Income Households. A household whose gross income is as established by Health and Safety Code Section 50079.5 as amended from time to time. M. Project Owner. Any person, firm, partnership, association, joint venture, corporation, or any entity or combination of entities which holds fee title to the land on which the project is located. N. Property Owner. The owner of a restricted unit excepting a "Project Owner". O. Project. A housing development at one location including all dwelling units for which permits have been applied for or approved within atwelve-month period. P. Resale Controls. A resale restriction placed on restricted units by which the price of such units and/or the age or income of the purchaser will be restricted in order to ensure the affordability and occupancy by lower or very low income households or senior citizens. Q. Restricted Unit. A unit to be sold or rented to senior citizens, or, at a price affordable to lower and very low income households. R. Senior Citizen. A person at least 62 years of age. S. Unit Type. Dwelling units with similar floor area and number of bedrooms. T. Vcry Low Income Household. A household whose gross income is as established by Health and Safety Code Section SO105 as amended from time to time. City of Dub/in Zoning Ordinance 52-2 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 8.52.040 Applicability. A. In order to qualify for a density bonus, a project must consist of five or more dwelling units and meet one or more of the following criteria: 1. 20% of the total units are designated for lower income households, or 2. 10% of the total units are designated for very low income households, or 3. 50% of the total units are designated for senior citizens. B. Projects which meet the requirements set forth in this Chapter shall qualify for a density bonus and at least one other concession or incentive unless the City adopts a written finding that the additional concession or incentive is not required in order to provide affordable housing costs as defined in Section 50052.5 of the Health and Safety Code, or the City shall provide other incentives of equivalent financial value based on the land cost per dwelling unit. C. If a developer agrees to construct both 20 percent of the total units for lower income households and 10 percent of the total units for very low income households, the developer is entitled to one additional concession or incentive as identified in Section 8.52.050, and may at the discretion of the City receive more than one density bonus. 8.52.050 Concessions and Incentives. For the purposes of this Chapter, concession or incentive means any of the following: A. A reduction in site development standards or a modification of zoning code requirements or architectural design requirements which exceed the minimum building standards approved by the State Building Standards Commission as provided in Part 2.5 (commencing with Section 18901) of Division 13 of the Health and Safety Code, including, but not limited to, a reduction in setback and square footage requirements and in the ratio of vehicular parking spaces that would otherwise be required. B. Approval of mixed use zoning in conjunction with the housing project if commercial, office, industrial, or other land uses will reduce the cost of the housing development and if the commercial, office, industrial, or other land uses are compatible with the housing project and the existing or planned development in the area where the proposed housing project will be located. C. Other regulatory incentives or concessions proposed by the developer or the City which result in identifiable cost reductions may include, but are not limited to: 1. Certain City fees applicable to the restricted units in a project may be waived. Fees to be waived may be established by resolution of the City Council on a project by project basis, which may be amended from time to time. City of Dublin Zoning Ordinance 52-3 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 2. A project which provides restricted units may be entitled to priority processing. Upon certifying that the application is complete and eligible for priority processing, a project would be immediately assigned to planning staff. The project would be processed by City staff in advance of all non-priority items. The project will then be reviewed for environmental impacts; and, upon completion of the environmental review process, the project would be noticed and scheduled for the next available meeting of the Planning Commission and/or City Council thereafter. When more than one project qualifying for priority processing is applied for at the same time, first priority will be given to the project whose application was first determined to be complete. 8.52.060 Waiver or Modification of Development and Zoning Standards. A. An Applicant may request a modification of the following development and zoning standards where such waiver or modification is necessary to make the provision of restricted units economically feasible. 1. Reduce site development standards, e.g. street widths or paving, curbs/gutters, placement of public works improvements, landscaping; 2. Modify zoning code requirements, e.g. open space, minimum lot size, side yard setbacks, parking standards; and B. The request shall be accompanied by information sufficient to show the City the waiver or modification is necessary to make the restricted units economically feasible. 8.52.070 General Requirements. A. Restricted units must remain affordable or restricted to senior citizens for 30 years from the date of final occupancy clearance if both a density bonus and additional incentive are granted. If only a density bonus is granted, the restricted units shall remain affordable or restricted to senior citizens for 10 years. Affordability of restricted units shall be maintained longer if financing or subsidy programs for the project designate a longer preservation period. B. Dublin residents will have first preference for restricted units; second preference will be given to Dublin employees; third preference shall be given to those who need to move to Dublin to be near Dublin residents or services; and fourth preference shall be given to those who live outside Dublin. C. Requirements for restricted units shall be established as conditions of project approval. Evidence of compliance with the conditions of these regulations shall be in the form of an Affordable Housing Agreement between the applicant and the City Manager completed prior to issuance of any project building permits. The agreement shall indicate the household type, number, location, size and construction scheduling of all restricted units, the original sales prices of - ownership units and the original rental rates of rental units as agreed upon by the City of Dublin Zoning Ordinance 52-4 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 developer and the City Manager, and any other information required by the City to determine the Applicant's compliance with the conditions. The agreement shall be recorded as a deed restriction prior to issuance of any project building permits and shall run with the land encompassed by the project for a period of 10 or 30 years, or longer, as provided in Subsection a. D. Restricted units in a project and phases of a project shall be constructed concurrently with or prior to the construction of non-restricted units. E. Restricted units shall be provided as follows: 1. Such units shall be dispersed throughout the project. 2. Such units shall include all unit types represented in the project and said unit types shall be provided in the same proportion as in the project as a whole. F. The applicant shall submit a project financial report (pro forma) along with the application for the project to allow the City to evaluate the financial need for the additional incentives. The City may retain a consultant to review the financial report. The cost of the consultant shall be borne by the applicant with the following exception: If the applicant is a non profit organization, the cost of the consultant may be paid by the City upon prior approval of the City Council. G. The City may contract with the Dublin Housing Authority, Alameda County - - Housing Authority or other similar entity to administer the rental and sales provisions of this chapter. H. The City Council, by resolution, may establish the amount of fees to be charged to applicants and/or project owners for administration of this chapter. 8.52.080 Requirements for Rental Housing Projects. A. All restricted units shall be occupied by the household type specified in the agreement required under Section 8.52.070.C. B. Those units targeted for lower-income households shall be affordable at a rent that does not exceed 30% of 60% of the Alameda County median income adjusted for household size, or as modified by State law. C. Those units targeted for very low-income households shall be affordable at a rent that does not exceed 30% of 50% of the Alameda County median income adjusted for household size, or as modified by State law. D. The City shall be responsible for obtaining and verifying information with respect to the qualifications of prospective and current tenants, including, but not limited to, information relating to applications, income and eligibility. The City shall maintain a list of qualified applicants for the duration of the program. City of Dub/in Zoning Ordinance 52-5 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 E. Income limits shall be adjusted at periodic intervals as new tables are published by HUD. F. When the eligibility of the tenants has been assured to the satisfaction of the City, the City Manager shall prepare a certification indicating that the applicant or project owner has complied with the requirements of this Chapter. 8.52.090 Requirements for Owner-Occupied Housing. A. All purchasers of restricted units shall be senior citizens or first time home buyers. B. Purchasers shall be required to occupy the unit unless evidence is presented to the City that the owner is unable to continuously occupy the unit due to illness or incapacity. In such cases, the City may approve rental of the unit to the same household type as the owner. An Owner as a result of a form of transfer pursuant to Section 8.52.100.E may rent the restricted unit provided the rental conforms to the Affordable Housing Agreement addressed in Section 8.52.070.C and to the provisions of Section 8.52.080. C. The owner of a restricted unit, on its sale or resale, shall sell the unit to a household in the same category. Lower income households may only sell the unit to a household which meets the income limits for a lower income household. Very low income households may only sell the unit to a household which meets the income limits for a very low income household. Senior households may only sell the unit to another senior household. The sales price of the restricted units assigned to very low income and low income households shall not be in excess of the maximum sales price set by the City Manager. D. Prior to offering a restricted unit for sale, the owner shall send a written Notice of Intent to Sell to the City Manager. The City Manager will then notify the owner of the current maximum sales price. Prior to the close of the sale, the owner shall notify the City Manager of the proposed sales price, who shall review the application to assure conformance with this Chapter. E. Closing costs and title insurance shall be paid pursuant to the custom and practice in Dublin at the time of opening of escrow. No charges or fees shall be imposed by the seller on the purchaser of a restricted unit which are in addition to or more than charges imposed upon purchasers of market rate units, except for administrative fees charged by the City. F. The purchaser of a restricted unit shall verify on a form acceptable to the City that the unit is being purchased for the purchaser's principal residence, or that if this unit ceases to function as his or her principal residence, it will either be sold according to the requirements of Section 8.52.090 or rented to an eligible household according to the requirements of Section 8.52.080. 8.52.100 Control of resale of affordable units. In order to maintain the availability of restricted units which may be constructed pursuant to the requirements of this Chapter, the City shall impose the following resale conditions on approval of any project for which restricted units are required under this = _ Chapter: - ~ - City of Dublin Zoning Ordinance 52-6 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 A. The sales price received by the owner of a restricted Affordable Unit shall be limited to the fair market value as determined by an appraisal paid for by the owner multiplied times a factor representing the purchase price paid by the owner of the restricted unit divided by the market sales price of an identical unit in the same development at the time of purchase. An example of this calculation is shown in Attachment 2 on page 52-11. If the appraisal is unacceptable to the City Manager, the City Manager may have another appraisal performed by another qualified real estate appraiser mutually agreed upon by the City and owner, which appraisal will be considered by the City in determining the sales price. All costs required to obtain such appraisal shall be borne by the owner. The City Manager shall insure that the purchase price of a restricted affordable unit does not exceed an amount which is affordable to a family of four belonging to the income category to which the restricted unit was originally assigned. B. A for-sale restricted unit may appreciate only to the upper limit of affordability for the income group to which the restricted unit was assigned. The determination of affordability shall be based on the maximum monthly mortgage payment that a household of four in a given income category can pay as determined by the methodology shown in Attachment 2 on page 52-11. Any appreciation above that point will not be added to the sales price of the restricted untt. C. Limitations on resale prices of ownership restricted units shall apply only to restricted units assigned to very low income and low income households and shall not be applied to restricted units assigned to senior citizens. D. The City Manager shall be responsible for monitoring the resale of restricted units. E. The following transfers of title or any interest therein are not subject to the provisions of this section: transfers by inheritance to the purchaser-owner's spouse or off-spring; transfers of title to a spouse as part of a divorce or dissolution proceeding; acquisition of title or interest therein in conjunction with marriage; provided, however, that the Affordable Housing Agreement required by Section 8.52.070.C shall continue to run with the land following such transfers. 8.52.110 Application Procedure. A. An applicant may submit to the Planning Department a preliminary proposal for the development of housing pursuant to this Chapter prior to the submittal of any formal project application. The City shall, within 90 days of receipt of a preliminary proposal, provide the applicant in writing, comments and preliminary evaluation of the project. The preliminary proposal is not an application for purposes of the Permit Streamlining Act deadlines, and any comments or preliminary evaluations do not bind future City actions. B. Formal application shall be according to the review process stated in the City of Dublin Municipal Code or Zoning Ordinance (for the particular application being filed) and shall provide the following additional information: City of Dublin Zoning Ordinance 52-7 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 A written statement specifying the desired density increase, incentive requested and the number, type, location, size and construction scheduling of all dwelling units. 2. A project financial report (pro forma), if required pursuant to Section 8.52.070.F. 3. Any other information requested by the Director of Community Development to implement this Chapter. 8.52.120 Conflict of Interest. Following are those persons who, by virtue of their position or relationship, are found to be ineligible to purchase or rent a restricted unit as their residence: A. All employees and officials of the City of Dublin who have, by the authority of their position, policy making authority or influence affecting City housing programs. B. The Applicant or Project Owner. 8.52.130 Violations. A. It shall be unlawful for any person, firm, corporation, partnership or other entity to violate any provision or to fail to comply with any of the requirements of this Chapter. A violation of any of the provisions or failing to comply with any of the requirements of this Chapter shall constitute a misdemeanor; except that notwithstanding any other provisions of this Code, any such violation constituting a misdemeanor under this Chapter may, in the discretion of the enforcing authority, be charged and prosecuted as an infraction. B. Any person convicted of an infraction under the provisions of this Code, unless provision is otherwise herein made, shall be punishable as provided by the Government Code of the State of California. 8.52.140 Enforcement. A. The provisions of this Chapter shall apply to all agents, successors and assigns of an applicant. No building permit or occupancy permit shall be issued, nor any development approval be granted which does not meet the requirements of this Chapter. The City Manager may suspend or revoke any building permit or approval upon finding a violation of any provision of this Chapter. B. The City Manager is designated to be the enforcing authority. C. In the event it is determined that rents in excess of those allowed by operation of this Chapter have been charged to a tenant residing in a restricted rental unit, the City may take the appropriate legal action to recover, and the project owner shall be obligated to pay to the tenant or to the City in the event the tenant cannot be located, any excess rents charged. City of Dublin Zoning Ordinance 52-8 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 8.2.150 Appeals. Any person aggrieved by any action or determination of the City Manager under these regulations may appeal such action or determination to the City Council in the manner provided in Section 1.04.050 of the Municipal Code. City of Dublin Zoning Ordinance 52-9 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 ATTACHMENT 1 City of Dublin Density Bonus Calculation (Example for Illustrative Purposes Only) Land Use Designation and Zoning; Residential: Multifamily Permitted Density: 18 du/ac Property Size: 4 acres Maximum Units at Permitted Density 72 units Units Affordable to Target Households (20% for lower-income HH's) (72 x .20 = 14.4); round up (restricted units) 15 units Density Bonus Units (at 30%) (72 x .3 = 21.6); round up 22 units Total Project Units with 30% Density Bonus: 72 base units + 22 densitZbonus units 94 total units (79 units at market rate, 15 restricted units with restricted rents/sales prices) City of Dub/in Zoning Ordinance 52-10 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 ATTACHMENT 2 The maximum price of a restricted ownership unit affordable to a low income household with four members in Alameda County is $114,897, and the maximum price of a restricted ownership unit affordable to a very-low income household with four members in Alameda County is $71,811, based upon the following method for determining maximum affordable housing costs: LOW INCOME a. Low income definition (80% of Alameda County's median income for a household with four members) _ $37,450. $37,450 is the income to be used in determining maximum affordable price. c. $37,450 _ 12 x .3 = $936, maximum monthly mortgage payment which does not exceed 30% of gross income (property taxes, utilities and insurance not included). d. $936 payment at 10.25% fixed rate, 30-year term and 10% down payment = $114,897 mortgage, using a standard mortgage payment table. VERY LOW INCOME a. Very low income definition (50% of Alameda County's median income for a household with four members) _ $23,400. b. $23,400 is the income to be used in determining maximum affordable price. c. $23,400 - 12 x .3 = $585, maximum monthly mortgage payment which does not exceed 30% of gross income (property taxes, utilities and insurance not included). d. $585 payment at 10.25 % fixed rate, 30-year term and ] 0% down payment = $71,811 mortgage, using a standard mortgage payment table. Sample Calculation of Sales Price Where the purchase price of a restricted unit assigned to the Low Income category is $114,897 in 1991, and the market sales price of an identical unit in the same development in 1991 is $150,000, the factor to be used to multiply times a future market price to determine the maximum price affordable to a household of four in the Low Income group is $114,897 $150,000 or .766. If the market sales price of the restricted unit in 1996 is $193,500, the maximum sales price of the restricted unit in 1996 is $193,500 x .766 or $148,221. City of Dublin Zoning Ordinance 52-11 September, 1997 DENSITY BONUS REGULATIONS Chapter 8.52 Example of Adjustment to Sales Price of Ownership Restricted Unit: Sales Price as determined by Section 8.52.100.A $100,000 Value of qualified improvements for which written documentation is provided as appraised New Roof $ 8,200 Irrigation System 1,150 Restuccoing of entire home 3,700 Permanent spa in ground 4,650 $117, 700 City of Dublin Zoning Ordinance 52-12 September, 1997