Common use of Development Agreement Compliance Permit Submittal Clause in Contracts

Development Agreement Compliance Permit Submittal. 1) The following information must be submitted with the Development Agreement Compliance Permit application for any phase of for-sale or rental residential units within the Property: The total number of market rate units and the number of affordable dwelling units in that phase, as defined in this Agreement. The number of bedrooms and bathrooms in each affordable unit in that phase. The approximate square footage of each affordable unit in that phase. The approximate location within any subdivision of land, of each affordable unit in that phase. The pricing for each Affordable Dwelling Unit in that phase. The pricing or rental rate of each unit or lot shall be determined prior to issuing a Development Agreement Compliance Permit. At the time of sale, this price may be adjusted if there has been a change in the median income or a change in the formulas used in this ordinance. Documentation and plans regarding the exterior appearance, materials and finishes of the development of each of the affordable units in that phase, unless it is stated that the market rate units and affordable units shall have identical exterior finishes. Any and all other information that the Town Manager may require that is needed to demonstrate compliance with the Town’s affordable housing policies.

Development Agreement Compliance Permit Submittal. 1) The following information must be submitted with the Development Agreement Compliance Permit application for any phase of for-sale or rental residential units within the Developed Property: The total number of market rate units and the number of affordable dwelling units in that phase, as defined in this Agreement. The number of bedrooms and bathrooms in each affordable unit in that phase. The approximate square footage of each affordable unit in that phase. The approximate location within any subdivision of land, land of each affordable unit in that phase. The pricing for each Affordable Dwelling Unit in that phase. The pricing or rental rate of each unit or lot shall be determined prior to issuing a Development Agreement Compliance Permit. At the time of sale, this price may be adjusted if there has been a change in the median income or a change in the formulas used in this ordinance. Documentation and plans regarding the exterior appearance, materials and finishes of the development of each of the affordable units in that phase, unless it is stated that the market rate units and affordable units shall have identical exterior finishes. Any and all other information that the Town Manager may require that is needed to demonstrate compliance with the Town’s affordable housing policies.

Development Agreement Compliance Permit Submittal. 1) The following information must be submitted with the Development Agreement Compliance Permit application for any phase of for-sale or rental residential units within the Developed Property: The total number of market rate units and the number of affordable dwelling units in that phase, as defined in this Agreement. The number of bedrooms and bathrooms in each affordable unit in that phase. The approximate square footage of each affordable unit in that phase. The approximate location within any subdivision of land, of each affordable unit in that phase. The pricing for each Affordable Dwelling Unit in that phase. The pricing or rental rate of each unit or lot shall be determined prior to issuing a Development Agreement Compliance Permit. At the time of sale, this price may be adjusted if there has been a change in the median income or a change in the formulas used in this ordinance. Documentation and plans regarding the exterior appearance, materials and finishes of the development of each of the affordable units in that phase, unless it is stated that the market rate units and affordable units shall have identical exterior finishes. Any and all other information that the Town Manager may require that is needed to demonstrate compliance with the Town’s affordable housing policies.

Development Agreement Compliance Permit Submittal. 1) The following information must be submitted with the Development Agreement Compliance Permit application for any phase of for-sale or rental residential units within the Property: The total number of market rate units and the number of affordable dwelling units in that phase, as defined in this Agreement. The number of bedrooms and bathrooms in each affordable unit in that phase. The approximate square footage of each affordable unit in that phase. The approximate location within any subdivision of land, of each affordable unit in that phase. The pricing for each Affordable Dwelling Unit in that phase. The pricing or rental rate of each unit or lot shall be determined prior to issuing a Development Agreement Compliance Permit. At the time of sale, this price may be adjusted if there has been a change in the median income or a change in the formulas used in this ordinance. Documentation and plans regarding the exterior appearance, materials and finishes of the development of each of the affordable units in that phase, unless it is stated that the market rate units and affordable units shall have identical exterior finishes. Any and all other information that the Town Manager may require that is needed to demonstrate compliance with the Town’s affordable housing policies.