Res16 15495 - Laserfiche WebLink

Browse Search

05/23/2016 EXHIBIT A Downtown Precise Plan Amendment 2.0.4. Maximum Allowable Development (M.A.D.) While dwelling units per acre (du/ac) and floor area ratio (FAR) are not restricted on a site-by-site basis, the City Council has established and adopted Maximum Allowable Development permitted under the provisions of this Precise Plan for the DTPP Area as a whole. The City will monitor and publish the amount of development that occurs after adoption of the Plan in a form to be determined by the Planning Manager/ Designee. Updates to this summary of development will occur each time new development takes place. When the MAD is reached in any category, expressed either in housing units or square footage, no further development in that category may be permitted without an amendment to the MAD provisions of the Precise Plan by the City Council. Not later than 30 days after the granting of entitlement to 80% or more of the Allowable Units or any of the Allowable Square Footage totals in any category, the Planning Manager/Designee shall report to the City Council the crossing of the 80% threshold and the City Council may, but is not required to, initiate consideration of an amendment to the Precise Plan to modify the M. A. D. specified in the Plan. Upon issuance of a Building Permit, a project shall be deemed to be entitled to the number of dwelling units or square footage specified in the Building Permit, but such entitlement shall expire unless construction commences for such units or square footage within one year of the date of issuance of the Building Permit and is pursued reasonably to completion as determined by the Chief Building Official. No Building Permit may be issued to allow a net increase in development in excess of the MAD in any category as specified in the Precise Plan. A Building Permit erroneously issued in excess of the MAD shall confer no legal rights. MAD limits are as follows: 1. Standards a. Residential development under this Plan shall not exceed 2,500 net new dwelling units. f these 2.500 units. 15 aercent 1375 units) shall be deed- restricted units and affordable to households earnina a aross income of 80 percent or less of the area median income for the San Francisco Metroqolitan Statistical Area as determined annuallv bv the U.S. Denartment of Housina and Urban Develonment. as adiusted for household size. The units shall meet the r auirements of Section 18.272 of the Municiqal Code (Standards for the Develonment of Affordable Housinal. ATTY/RES0.0047/CC RESO AMENDING THE DOWNTOWN PRECISE PLAN RESO.#15495 REV:05-16-16 VR MUFF#613 Page 3 of 4