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<br />provided by Health & Safety Code section 33413(b)(2)(A)), and/or (b) provide for up to sixty <br />percent (60%) ofthese indusionary units to moderate income residents at its Project, consistent <br />with Health & Safety Code section 33413(b)(2). <br /> <br />5.8.3 No Redevelopment Subsidy. The Owner shall not be entitled to request <br />or accept any agreement with the Santa Ana Community Redevelopment Agency for economic, <br />debt service payments, or other assistance for the development of the Project. Failure to comply <br />with this provision shall be deemed in and of itself to constitute a failure to in good faith comply <br />with terms or conditions of this Agreement pursuant to the terms of Government Code section <br />65865.1. <br /> <br />5.8.4. In-Lieu Park Development Fee. The Owner shall pay an in-lieu park <br />development fee amount equivalent to the Park Dedication requirement referenced in the site <br />plan review letter for Site Plan Review No. 2004-06. The fee shall be assessed at the value of <br />$35.50 per square foot of area to be dedicated pursuant to the standard established by section <br />34-204 et seq. of the Santa Ana Municipal Code, as specified in said City's site plan review <br />letter; provided, however that the fee may be increased yearly beginning twelve months <br />following the effective date of this agreement, by the average rate of increase in land costs in the <br />City of Santa Ana, as that increase is established by the "Construction Cost Index-Los Angeles," <br />published by Engineering News-Record, or substitute index chosen by the Executive Director of <br />Planning and Building should that Index be discontinued. The fee shall be paid prior to issuance <br />of each building permit. The City shall use said fees for new parkland, capital improvements at <br />existing parks, and deferred maintenance at existing parks (up to a maximum of fifty percent of <br />amount of the fee), and seventy five percent (75%) of said fees shall be utilized by the City in the <br />Quadrant ofthe City (as set forth in the City's Park A&D Fee program) in which the Project is <br />located. Ifnot used or appropriated this fee shall be returned to Developer, consistent with the <br />provisions of (and subject to the exceptions contained within) the California Mitigation Fee Act, <br />Government Code 9 66000 et seq. <br /> <br />5.8.5 Covenants, Conditions, and Restrictions. Covenants, Conditions, <br />and Restrictions (CC&R's) must be provided and approved by the Planning and Building Agency's <br />Executive Director for the project prior to the issuance of the first building permit. Such CC&R's <br />must contain at a minimum, the following: <br /> <br />(1) No more than four residents per unit, except that for three-bedroom <br />units, there shall be no more than five residents per unit. <br /> <br />(2) To the extent permitted by law, all residential and live-work units <br />shall remain owner occupied and shall not allow rental of the entire unit. <br /> <br />(3) No home occupancy shall be permitted in a unit, except III <br />accordance with section 41-192 et seq. ofthe Santa Ana Municipal Code. <br /> <br />12 <br /> <br />11 A-16 <br />