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(2) Concession on one of the following Zoning Code site development standards: <br />(i) Setback reduction of up to twenty-five (25) percent reduction on subject <br />property; <br />(ii) Height increase of up to twenty (20) additional feet. <br />ORION 111.10 <br />(b) A developer of a for sale Residential Protect proposing to provide on -site <br />Moderate Income Units and a surrounding community benefit may opt to take <br />advantage of up to three (3) of the above concessions. The surrounding community <br />benefit will include but not be limited to park improvements, urban community <br />aardens. developer -funded down pavment assistance. or subsidv of services. <br />activities or programs <br />Sec. 41-1905. - Housing plan and housing agreement. <br />(a) Submittal and execution. The developer shall comply with the following <br />requirements: <br />(1) Inclusionary housing plan. The developer shall submit an inclusionary housing <br />plan in a form specified by the executive director, detailing how the provisions of <br />this article will be implemented for the proposed residential project. The <br />inclusionary housing plan and its supportive documents, plans, and details shall <br />be submitted at the same time as the site plan and application materials for the <br />original project. All inclusionary housing plans shall be subject to the approval of <br />the executive director and subject to appeal processes and procedures set forth <br />in the Santa Ana Municipal Code. <br />(2) Inclusionary housing agreement. The developer shall execute and cause to be <br />recorded an inclusionary housing agreement. The inclusionary housing <br />agreement shall be a legally binding agreement between the developer and the <br />city, executed by the city manager, or his or her designee, and in a form and <br />substance satisfactory to the executive director and the city attorney, and <br />75B-36 <br />