Laserfiche WebLink
<br />California Mitigation Fee Act, Government Code ~ 66000 et seq. This fee shall be offset against <br />the fee owed the City pursuant to section 5.8.4(b) of this Agreement (i.e., the amount in the "In- <br />Lieu Park Fee" required of Owner shall be reduced by an amount equal to the special Santiago <br />Park fee paid by Owner pursuant to this section). <br /> <br />b. In-Lieu Park Fee. The Owner shall pay an "in lieu" fee at the value of <br />$35.50 per square foot of area to be dedicated pursuant to the standard established by section 34- <br />204 et seq. of the Santa Ana Municipal Code, as specified in the City's site plan review letter; <br />provided, however that the fee may be increased yearly by the average rate of increase in land <br />costs in the City of Santa Ana, as that increase is established by the annual change in the <br />"Construction Cost Index-Los Angeles," published by Engineering News-Record, or substitute <br />index chosen by the Executive Director should this index is discontinued. The fee shall be paid <br />for each phase, as set forth in section 5.1.1 of this Agreement, prior to issuance of the first <br />building permit for that phase, and shall be utilized by the City in the Quadrant of the City (as set <br />forth in the City's Park A&D Fee program) in which the Project is located, with priority given to <br />Santiago Park. <br /> <br />5.8.5 Covenants, Conditions, and Restrictions. Covenants, Conditions, and <br />Restrictions (CC&R's) must be provided and approved by the Executive Director for the project <br />prior to the issuance of the first building permit. Such CC&R's must contain at a minimum, the <br />following: <br /> <br />(1) No more than four residents per live-work unit. <br /> <br />(2) All residential and live-work units shall remain owner occupied <br />and shall not allow rental of the entire unit. <br /> <br />(3) Use Restriction for Live-Work Units. The live-work project must <br />remain as a live-work community. The work component shall be limited <br />to one of the allowable uses as specified in the Specific Development <br />(SO-59) zoning district. <br /> <br />(4) Repair of perimeter walls will be specified in the CC&R's in the <br />event of damage. <br /> <br />(5) The CC&R's shall provide notice to prospective owners of the <br />urban character of the City and this area, including but not limited to the <br />permitted uses of the property and buildings in the immediate area of the <br />development (e.g.., Main Place Regional Shopping Mall, and surrounding <br />property zoned and/or devoted to commercial use), and shall provide a <br />release of all claims against the City which may arise from or relate to the <br />disclosed matters. <br /> <br />(6) The CC&R's shall reflect that ground floor space in the live-work <br />units shall be restricted to work/retail activities. <br /> <br />12 <br /> <br />758-387 <br /> <br />