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Density Bonus Agreement No. 2020-02, FX Residences March 22, 2021 Page 5 5 6 8 accessible major transit stop. The site provides 12 total parking spaces or 0.71 spaces per unit, which includes ten tandem-parking stalls and two van accessible parking stalls. Analysis of the Issues Pursuant to Section 41-1607 of the SAMC, an application for a density bonus agreement is required to be approved by the Planning Commission for any project containing “deviations” (incentives/concessions and/or waivers). The Planning Commission’s review of the density bonus agreement is based on the following findings: 1. The proposed development will materially assist in accomplishing the goal of providing affordable housing opportunities in economically balanced communities throughout the city. 2. The development will not be inconsistent with the purpose of the underlying zone or applicable designation in the general plan land use element. 3. The deviation is necessary to make it economically feasible for the applicant to utilize a density bonus authorized for the development pursuant to section 41- 1603. The project does not require a Site Plan Review Application pursuant to Section 41-2007 of the SAMC. Accordingly, the Planning Commission’s review and determination for this request are limited to the provisions of the Density Bonus Agreement application only. Table 4: Analysis of the Requested Incentives/Concessions (3) and Waivers (2) Standard Analysis Lot Width (Incentive/Concession) The minimum lot width required for the Stacked Dwelling Building Type is a range between 125 and 200 feet. The overall the site is comprised of four lots that would be consolidated into one developable lot. Even after lot consolidation, the development site would have a smaller than average lot width, compared to most lots in the area. Lots in the area range in lot depth and width but are on average 250 feet by 250 feet. In comparison, the site would have a lot width and depth of 100 feet and 150 feet, with a deviation of 25 feet for the minimum required lot width. Although the site has a deviation of 25 feet in the lot width, the applicant’s stacked dwelling building design still accomplishes the intention of the TZC by providing a compatible design and balanced composition of massing on the project site, with appropriate interior floor area and individual unit sizes. Tandem Parking (Inventive/Concession) The TZC provides affordable housing incentives by allowing for tandem parking not to exceed 30-percent of the required parking per residential unit. Of the required twelve parking stalls, only three parking spaces are permitted as tandem parking. As designed, ten of the total twelve (83-percent) parking stalls would be tandem, which exceeds the allowable. Maintaining the required tandem-parking standard would result in a complete site redesign involving more of the site area dedicated to parking. This would result in the significant loss of bedroom units and common open space. In order to maintain the current proposed unit count, the developer would be required to construct an additional level, resulting in a different type of construction (steel-frame versus wood), further increasing development costs. City Council 2 –5 3/22/2021