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for the Affordable Development to include a total of 57 parking spaces; (iii) waiver in the daylight <br />plane of 19 degrees from City's requirements; (iv) a waiver in the building length; and (v) a waiver <br />of the pervious area standards for the lot. <br />K. To satisfy the requirements of the City's Affordable Housing Ordinance and to <br />satisfy its Density Bonus Law, the City is requiring the Affordable Developer to enter into this <br />Agreement, which shall be recorded against the Affordable Site to implement the affordability <br />requirements of that certain Land Donation Agreement and the Affordable Housing Plan and to <br />ensure that the Affordable Development will be used for the purpose approved by the City and that <br />the Affordable Units will be maintained and operated in accordance with the City's conditions and <br />restrictions concerning affordability, operation, and maintenance. <br />L. To ensure that the Affordable Development will be used, operated and maintained <br />in accordance with these conditions and restrictions, the City and the Affordable Developer wish <br />to enter into this Agreement. <br />THEREFORE, City and the Affordable Developer hereby agree as follows. <br />ARTICLE 1 <br />DEFINITIONS <br />Section 1.1 Definitions. When used in this Agreement, the following terms shall have <br />the respective meanings assigned to them in this Article 1. <br />(a) "Actual Household Size" means the actual number of persons in the <br />applicable household. <br />(b) "Affordable Developer" has the meaning set forth in the preamble above. <br />At all times, the Affordable Developer shall be a "qualifying designee" as defined in the Affordable <br />Housing Ordinance. <br />(e) "Affordable Housing Monitoring Fee" has the meaning set forth in Section <br />3.6 below. <br />(d) "Affordable Housing Ordinance" means that certain Ordinance 2498 <br />adopted September 27, 2021 and set forth in Article 29 of the Redwood City Zoning Code, as such <br />may be amended, together with the Affordable Housing Program Guidelines adopted to implement <br />the Affordable Housing Ordinance. <br />(e) "Affordable Development" means the Affordable Site and the Affordable <br />Units. <br />(f) "Affordable Rent" means the total monthly Rent for an Affordable Unit not <br />exceeding either (as applicable) the rents specified by Section 50053 of the California Health and <br />Safety Code or thirty percent (30%) of the imputed income limitation applicable to such unit <br />pursuant to Section 42(g)(2)(C) of the Internal Revenue Code (as determined by CTCAC) for the <br />appropriate Household Income level. As allowed under Government Code Section <br />ATTY/AGR/2024.193.1— AFFORDABLE HOUSING LAND DONATION AGREEMENT — EXHIBIT G— RESTRICTIVE COVENANTS AGR <br />REV: 10-22-24 VR <br />Page 3 of 41 <br />