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5 22206 920 Shasta Affordable Housing Plan and Density Bonus Request November 5, 2024 The property has “clear” title. A title report dated July 31, 2024 has been submitted to the City for review. The title reports show that there are no liens securing the repayment of debt or any other security instrument. There are no minor encumbrances, should any exist, these shall be removed to satisfaction of the City at the time of property transfer to Qualifying Designee or the City. The City shall have sole and absolute discretion to approve the condition of title. The standard land donation requirement is that the property is vacant undeveloped property; except that the City, at its sole and absolute discretion, may accept property with existing improvements, so long as the donor takes all necessary steps to avoid impacts on residents of existing residential structures. In the event that the City needs to take possession of the land, Abode will agree to deliver the Affordable Project site vacant at the City’s request. There are currently an existing 3-bedroom single- family home and a 2-bedroom caretaker's residential unit occupied on the property as well as an operating self-storage facility. All leases, including the ones for the public storage facility are month- to-month. The residential leases are cancelable by the owner. The public storage is owner operated and will cease operations upon notice, allowing sufficient time to terminate the month-to-month storage leases. The applicant acknowledges that the land donor must provide a tenant relocation plan and payment of relocation benefits. (Relocation benefits to tenants shall be provided in accordance with the California Relocation Assistance Act, as codified Government Code 7260 et seq and the implementing regulations at 25 California Code of Regulations Sections of 26 6000 et seq. The Relocation Plan is subject to review and approval by the City prior to or concurrently with the resolution approving the acceptance of the land to be donated (i.e., at entitlement approvals and not prior to land transfer. Below is a summary of relocation actions. Abode Communities has a contract with a Relocation Consultant for ongoing consultation as well as relocation services. A draft Relocation Plan has been prepared and submitted to the City for review; the plan complies with the California Relocation Assistance Act. The affordable housing developer will indemnify the City pursuant to City Zoning Code Section 29.8H(9 requirements. Residential tenants will be notified about the relocation plan with at least 12 months’ notice, with additional 180- day, 90-day and 30-day notices. Overland Pacific & Cutler, LLC (a division of Transystems will be responsible for the relocation of both residential and commercial tenants under the direction of Abode Communities. Relocation is expected to begin at 6 months of receipt of a tax credit award. The site is expected to be unoccupied/vacant for the last 3 months prior to receiving all financial commitments and construction commencement. The Affordable Housing Project will require demolition of existing structures. Abode Communities will be responsible for submitting a demolition plan within 6-months of closing escrow of financing for review and approval by the City. The demolition plan should be approved upon closing escrow on financing. The property will provide adequate utilities and infrastructure. The Affordable Project site already has existing development on it. It is well served by existing utilities. The Project site will continue to have adequate utilities, streets, public facilities, and other infrastructure to accommodate affordable units. A Utility Report dated 6/16/2023 has been submitted to the city. The Applicant acknowledges that the property must be free of hazardous materials or other material environmental constraints to development of affordable housing. ATTY/RESO.0029/CC RESO APPROVING ARCHITECTUAL PERMIT, TENTATIVE PARCEL MAP (920 SHASTA) – EXHIBIT B REV: 04-22-25 VR Page 5 of 29