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7B <br /> Page 22 <br /> housing} to persons at or below a specified income level, (iii) restr[cts purchase price or <br /> renta4 costs to a level affordable to such owners or tenants, using the affordabi{ity <br /> calculations applicable to expenditures of moneys from the low and modera#e income <br /> irust fur�ds estabiished pursuant to the Community Redeveiopment Act, (iv) has a term <br /> of not less than 50 years; and (v) is determined by the City Manager to contain sufficient <br /> provisions to permit enforcement af these restrictions by the City and recapture of any <br /> credit granted pursuant to Section 18.259(C) of this Code in the event of breach of the <br /> Agreement. <br /> APPLICANT: Means the owner of rea[ property proposed for developrnent, ar the <br /> Applicant's autharized agent. <br /> DEVELQPMENT: Means a proposal far the construction, alteratian, addition, or change <br /> of use of any wholly or partially residential �uilding or structure in or upon real prop�rty <br /> i!� the Gity that requires any entitlement from or by the City including, without lim�tatior�, <br /> a building permit, use permit, zoning or rezoning appraval, subdivision or re-subdivision <br /> map approval, lot fine adjustment, architectural permit, general pian amendment, <br /> specific plan approval, or any other entifilement or approval. <br /> DWELLING UNIT: A room or group of rooms {including sleeping, eating, cooking, and <br /> sanitation facilities, but not more than one kitchen), which const�tutes an independent <br /> hausekeeping unit, occupied or intended for occupancy by one household on a long- <br /> term basis. <br /> ENR: Means the construction cost index published in the Engineering News Record, or <br /> if such index is no longer published, its successor. <br /> _ 1MPACT FEE OR FEES: Means the fee or fees imposed on-a development-pursuant to <br /> this Article. <br /> IMPACT FEE PROJECT LiST: Means those Park Improvements, funded in part or in <br /> whole by Impact Fees, approved by resolution of the Councii and maintained on file 'sn <br /> the office of the Administrator. <br /> IMPACT FEE SCHEDULE: Means the schedule of impact fee rates per development <br /> unit for specitic land uses or iand use categories approved by resolution or ordinance of <br /> the City Cauncil and maintained on file in the office of the Administrator. <br /> LOW INCOME HOUSING UNIT: Means a Dwelling Unit that is restricted, by means of <br /> an Affordability Agreernent, to be affordable to persons with income af not more than <br /> 80% of area median income and to be owned {in the case of owner-occupied housing) <br /> or leased (in the case of rental hausing) only by such persons. <br /> MODERATE INCOME HOUSlNG UN1TS: Means a Dwelling Unit, other than a Low <br /> Income Housing Unit, that is restricted, by means of an Affordability Agreement, to be <br /> affordable ta persons with incame of not more fihan 120% of area median income and to <br /> be owned (in the case of owner-occupied housing) or leased (in the case of rental <br /> housing) only by such persons. <br /> ATTYIORD/ORD.288 <br /> 090507 <br />