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TOLL WEST COAST, LLC
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Last modified
6/20/2024 10:03:11 AM
Creation date
5/8/2024 10:50:22 AM
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Contracts
Company Name
TOLL WEST COAST, LLC
Contract #
A-2022-238
Agency
Community Development
Council Approval Date
12/6/2022
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and the minimum ground floor height shall be below the minimum required (between 10'-0" and <br />15'-0") and shall be no less than 9'-0" <br />2.4 No Further Concessions or Incentives. Developer aelmowledges and agrees that <br />the concessions, incentives, and waivers set forth in section 2.3 above fully satisfies any duty City <br />may have under the City Density Bonus for Affordable Housing, the Density Bonus Law, or any <br />other law or regulation to provide any density bonus incentive or to waive any building, zoning, <br />or other requirement in connection with a density bonus. By this Agreement, Developer releases <br />any and all claims Developer may have against City in any way relating to or arising from City's <br />obligation to waive requirements of or provide development incentives pursuant to the City <br />Density Bonus for Affordable Housing and the Density Bonus Law applicable to the Project. <br />2.5 Unrestricted Units. The Project, for purposes of this Agreement, may have no more <br />than forty-three (43) Unrestricted Units (i.e. — non -Affordable Units). <br />2.6 Affordable Units. The Project, for purposes of this Agreement, shall have no less <br />than fifty-one (51) single-family attached townhomes, eight (8) of which are designated as Low - <br />Income Affordable Units pursuant to the terms and conditions of this Agreement. The Affordable <br />Units shall be consistent with all City approvals, and shall be located throughout the Project. <br />2.7 Minimum Development Standards for Affordable Units. The Affordable Units <br />shall be constructed in accordance with all applicable City approvals. <br />2.8 Permits and Processing; Compliance with Laws. Developer, at its sole cost and <br />expense, or as otherwise set forth in a separate written agreement, shall secure or cause to be <br />secured any and all permits that may be required for development of the Project by City or any <br />other federal, state, or local governmental entity with jurisdiction over the Property or Project. <br />Upon securing any and all required permits, and all necessary financing and property interests, <br />Developer shall carry out and perform the development of the Project or cause the performance of <br />the development of the Project, in conformity with all applicable federal, state, and local laws and <br />regulations, and all conditions of approval issued by the City Council and City's Planning <br />Commission for the Project. Any changes to the Project shall be reviewed by the City to determine <br />compliance with this Agreement. If any changes to the Project shall materially alter the ability of <br />Developer to comply with any terms of this Agreement in City's sole determination, then City and <br />Developer shall meet and confer to address amendments and revisions to this Agreement as <br />necessary. <br />2.9 Relocation Prior to Development of Project. If relocation is required prior to the <br />completion of development of the Project, Developer shall have the sole and exclusive <br />responsibility for providing relocation assistance and paying all relocation costs as may be required <br />to comply with applicable federal and state laws and regulations. In addition to any other indemnity <br />provided by Developer under this Agreement, Developer shall indemnify, defend (with counsel of <br />City's choosing and the consent of Developer, which shall not be unreasonably withheld and which <br />may be joint defense counsel upon City's and Developer's consent), and hold harmless City and all <br />of its officials, officers, employees, representatives, volunteers and agents from any and all alleged <br />5 <br />
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