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05/20/2019 standards in Section 29.6 (A) (Quality of Construction and Number of Bedrooms) as the project builds affordable housing in one building with amenities and finishes that differ from the market rate units. The affordable units will be constructed separately, and is planned to be available at an earlier or same time then the market rate units. This alternative is allowed under Section 29.8(D) (Other Alternatives). This alternative allows for amenities and unit sizes that meet the needs of low income households, and allows for management of the property by a nonprofit housing developer, including a unit for an on-site manager. The affordable units will mitigate the impact of the project, including the office and retail uses, on the need for affordable housing by providing a percentage of affordable units at the extremely low, very low, and low income level onsite, as described in the staff report. The affordable units would be available to qualifying households and remain affordable units for a duration of 55 years. Section 7. Council Approval: The City Council approves the Architectural Permit, Planned Development Permit, Vesting Tentative Map, State Density Bonus Concessions, Use Permit and Affordable Housing Plan, based upon certification of the Final EIR and subject to the Conditions of Approval (Exhibit A) attached and incorporated by reference. Section 8. This Resolution is effective upon its adoption. ATTY/RESO.0051 CC RESO APPROVING PROJECT — BROADWAY PLAZA RE50. NO. 15769 REV: 05-15-19 PR MUFF NO. 601 Page 7 of 22