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DENSITY BONUS AGREEMENT NO. 2025-03 FOR THE PROPERTY LOCATED <br />AT 2130 EAST FOURTH STREET LOCATED WITHIN THE VILLAGE CENTER <br />DISTRICT OF THE METRO EAST MIXED USE OVERLAY (MEMU). (CONTINUED <br />FROM JUNE 9, 2025) <br />Project Applicant: Donald Verleur (Applicant) representing Olive Crest (Property <br />Owner). <br />Proposed Project: Request for approval of Density Bonus Agreement No. 2025-03 <br />to construct a fifteen -unit multi -family residential development, including three units <br />proposed as affordable to very low-income households earning less than 30-50 <br />percent of the area median income (AMI). As proposed, the project will utilize <br />concessions and a waiver or reduction to deviate from development standards <br />through the density bonus agreement pursuant to California Government Code <br />Sections 65915 through 65918 and Santa Ana Municipal Code (SAMC) Sections 41- <br />1600 through 41-1607. <br />Environmental Impact: Pursuant to the California Environmental Quality Act <br />("CEQA") and the CEQA Guidelines, the project is exempt from further review <br />pursuant to Section 15168 (Program EIR) of the CEQA Guidelines. Categorical <br />Exemption Environmental Review No. 2023-94 will be filed for this project. <br />RESOLUTION NO. 2025-XX <br />A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF SANTAANA <br />APPROVING THREE (3) CONCESSIONS AND A WAIVER OR REDUCTION OF <br />DEVELOPMENT STANDARDS PURSUANT TO STATE DENSITY BONUS LAW TO <br />BE MEMORIALIZED IN DENSITY BONUS AGREEMENT NO. 2025-03 TO ALLOW <br />A FIFTEEN -UNIT MULTI -FAMILY DEVELOPMENT FOR THE PROPERTY <br />LOCATED AT 2130 EAST FOURTH STREET (APN: 400-091-23) <br />Recommended Action: <br />Adopt a resolution approving concessions and a waiver or reduction in a <br />development standard as memorialized in Density Bonus Agreement No. 2025- <br />03, as conditioned. <br />