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6.1.E. - Page 25 <br /> b) �'�.���or H�i�t Mor�c than 5'Abave Adjacent Sidev�+�lk E� Ievation; pyvnex bas r����g <br /> waiver af the applicable height nesiriction to aliovv for t�e first floq�• p�ate height above <br /> adjacent sidewelk grade��ong the praject fmtatege fo bc greater than S fe�t. Se ' 't <br /> o) uildin Encroac fira�t 15' k: Orvner has requested a reduction of the I <br /> app�icxhle minii�u�m Builciing setbaek frorn ]5' to IO' for a go�ian o€th� Project froniage � <br /> atotig Main�txeet. Sec 'bit 23� <br /> dj Abov�Gradt Qai�a¢e Encroact�ment In#o the 39' Re{� Setbaek: Qwuer hes requesfed a � <br /> reduction of the applic$ble.rear selback zequi�'ement to allow for s xninor enoroacl�meni hy the <br /> a6ove-grade ger$ge into�he minim�tn 39':rear se#back frona top-o�=bank.SSee Bxhibit 241 <br /> i <br /> e Red�rction in ' e Aisle id 24': Owner has requested a rec�ucao� af the <br /> reqaaremcnt for drive aisle widt�s wltbin the concrete Perking garaga.L�Exhibxt 7) ' <br /> Owner hereby acla�owl�dges and agrees thHt the City's waiver ofthc fcuegoing development staud&x�s I <br /> full�satisftes t�c Ci#y's obligatior�s to waiye deve.�opment stand�rda under ti�e Denaity Sonus Law, <br /> As outlined in GC 65915,developme.�t etandard variartces da x�ot�ot�stitute incentives ar concess�ons. � <br /> �tet daied Pa ' s <br /> �wner has rEque�ted thaf tlie psi�ing standards set forth in Section 65915{p) shali be applied #p tize <br /> Project as follows: <br /> One B�dronms � one qn-site space <br /> Two Bedro�ms = two on site spaces <br /> Three�e�ronms = twa on-site spaces <br /> i <br /> The above standards incl�guee#psxIciag an�d handiCSp psrking at�d the�aces may be off�red in <br /> taridem anti as tmco�erert. Tl�e spac�canapt be provided an-smeet unlese b a � <br /> , Y g�em�ent. Futther,the <br /> Owner s use af tho Stat�e parking�tandards i�not oo2�sidered a,n iRCentive and/oc cancession, <br /> Ciarif' a "on of Certain om ce C 'oaes <br /> As part of#h�s AHP,thene are severat additiona]important eonsiderations: <br /> I <br /> a) �j�l_Rental Rate�The initiai rental ratae for eacl�at�oxdable unit wt11 be based on the San <br /> Mafieo County Incame Limits and 1Vlaximtmz Affordab�e Rents Payincr�ts ss published by <br /> the Sa�Matco County Departme�at of Housing and mast re�ently reie�sed prior t� � <br /> markaring of the completed Projcet for in.itiel lease up. � <br /> h) Initi$15ales Price: 7'he initial Sa�es Pticc for t�e"Madetate"$MR,itnits wilt be b�sed vn <br /> a formula agreed to between[)wuer and the�ty in aacordanee with guidelines <br /> estahlished try the California Heal�h and 5a#'ety Code. <br /> c} I�terior Finishes; Interiar finisl�cs for the BMR units v1iI1 be of scceptgble qua(ity,buk <br /> may np#necessariIy z�xtah precisely the level offuxis}zes speci�ted fbr the market rate <br /> nnits. <br /> 4 <br />