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ATTY/RESO.0029/CC RESO APPROVING ARCHITECTUAL PERMIT, TENTATIVE PARCEL MAP (920 SHASTA) – EXHIBIT A REV: 04-22-25 VR Page 6 of 22 an affordable rent, as defined in Section 50053 of the Health and Safety Code or other applicable law, and the rent for the remaining 80 percent of the units may be set at an amount consistent with the maximum rent levels for lower income households, as those rents and incomes are determined by the California Tax Credit Allocation Committee (TCAC), as allowed under Government Code Section 65915 (c)(1)(B)(ii) or other applicable law. iii. The Affordable Housing Restrictive Covenant Agreement term shall be for a period of 55 years from the date of final certificate of occupancy. The Affordable Housing Restrictive Covenant Agreement shall specify the number, type, location, size, and phasing of all affordable units, provisions for marketing, income certification, and screening of potential renters of units including the financing of ongoing administrative costs, consistent with the approved Affordable Housing Plan. Except as otherwise provided for by the Affordable Housing Ordinance, the Affordable Housing Restrictive Covenant Agreement must provide the City of Redwood City with a right of reverter, right of first refusal and option to acquire the donated land. The Affordable Housing Restrictive Covenant Agreement shall include a Performance Deed of Trust securing the affordable housing obligation and an Assignment of Contracts (consistent with Zoning Code Ordinance Article 29.8). iv. Any further requests for modification, including but not limited to, charges to the Affordable Housing Plan, must be submitted in writing to the City prior to issuance of the final building permit required for construction of the project, pursuant to Government Code Section 65913.4(g)(1)-(4). v. In accordance with the Relocation Plan, the Applicant shall provide relocation benefits to the occupants of 920 Shasta and 122 Buckeye. Reports and Surveys 23. Geotechnical Report – The Applicant shall include a geotechnical field review and reports for all grading work, prepared by a licensed geotechnical engineer and in conformance with Engineering Standards, Volumes II & III, CBC, and other State regulations. This shall be submitted as part of the building permit application. [SDR] [ENGINEERING] 24. As-Builts – The Applicant shall provide “as-built” or “record” drawings, to be submitted in paper, PDF and AutoCAD formats prior to project sign-off. [COA][ENGINEERING] 25. Transportation Demand Management Plan – The Applicant shall submit a final Transportation Demand Management (TDM) Plan, describing the elements to be implemented and offered to the future tenants, shall be reviewed and approved by City staff prior to certificate of building occupancy. The TDM program shall include an annual reporting requirement that details daytime parking utilization rates and awareness of the program. Annual reporting shall begin on January 31 of each year. Failure to comply with annual implementation requirements may result in enforcement action. Complete C/CAG’s TDM checklist to participate in the Commute.org Development Certificate Program, as determined by the Engineering & Transportation Director. [COA][ENGINEERING]