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8.A. - Page 20 of 21 <br />*Equates to a $4, 000, 000 affordable housing impact fee. The applicants have stated that they would pay a $40 per sq. <br />ft. fee instead of the required $20. Total stated fee paid would be $8,000,000. <br />**$75,000 affordable housing impact fee <br />603 Jefferson/750 Bradford <br />Square Feet <br />Required <br />Required <br />Required <br />Total <br />Proposed <br />Mod <br />11 ow(Very <br />Low <br />Required <br />170,000sq. ft. (Office)* <br />5 <br />9 (rounded <br />4 (rounded <br />--18 <br />68 (workforce <br />u <br />u <br />housing) <br />Residential Sq. Ft. TBD** <br />*Equates to a $3,400,000 affordable housing impact fee <br />**If workforce house units are not deed -restricted to a certain affordability level, an affordable housing <br />impact fee would be required. <br />3 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />101 <br />