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(d) Signage Program. Owner shall implement a signage program to promote <br /> mass transit,provide ride-share infrastructure&bike/e-mobility facilities. <br /> (e) Electrical Appliances: All individual residential units within the Project <br /> shall utilize electric or induction stoves, ovens, and clothing dryers. This obligation shall not <br /> apply to commercial, common area, or other non-residential uses. <br /> (f) Photovoltaic Panels: The Project shall incorporate photovoltaic panels on <br /> all residential components of the Project <br /> 5. HOUSING OPPORTUNITY ORDINANCE COMPLIANCE. <br /> 5.1. Owner Exemption. During the Term of this Agreement, as such Term may be extended, <br /> Consistent with Santa Ana Municipal Code Section 41-1903(a), Owner is exempt from Santa Ana <br /> Municipal Code Article XVIII.I inclusionary housing requirements (i.e.,the Affordable Housing <br /> and Opportunity Ordinance)because Owner is entering into this Agreement. In lieu of <br /> compliance with Article XVIII.I, Owner commits to the In-Lieu Fee as set forth in Section 5.1.1, <br /> below,which may be paid at the time of building permit issuance for each market rate residential <br /> unit contemplated by a given building permit or in the aggregate, at Owner's sole discretion. In- <br /> Lieu fees paid in excess of the requirements for a particular building permit may be accrued and <br /> used by Owner to satisfy future in lieu fee requirements. Upon expiration or termination of this <br /> Agreement, Owner shall be subject to Santa Ana Municipal Code Article XV111.1 for any unit that <br /> has not received a Certificate of Occupancy. <br /> 5.1.1. In-Lieu Fee. Owner shall make an in-lieu fee payment at the time of building <br /> permit issuance for each market rate residential unit contemplated by the building permit equal <br /> to five dollars ($5.00)per habitable square foot of each market rate residential unit. <br /> 6. REVIEW FOR COMPLIANCE. <br /> 6.1. Periodic Review. <br /> 6.1.1. The City shall review this Agreement annually, on or before DATE , and <br /> annually thereafter until the expiration of this Agreement,in order to ascertain the compliance <br /> by Owner with the terms of this Agreement("Annual Review"). Owner shall timely submit an <br /> Annual Monitoring Report, in a form acceptable to the City Manager on or before the first <br /> anniversary of the Effective Date and annually thereafter until the expiration of this Agreement. <br /> If the Annual Review is not submitted within thirty(30) days after written notice from the City <br /> Manager,then Owner shall be in breach of this Agreement. The failure of the City to conduct the <br /> Annual Review shall not constitute a default by Owner. The Annual Monitoring Report shall be <br /> accompanied by an "Annual Review and Administration Fee" sufficient to defray the estimated <br /> costs of review and administration of the Agreement during the succeeding year. The amount of <br /> the Annual Review and Administration Fee" shall be set annually by resolution of the City <br /> Council. <br /> 6.1.2. The Annual Review shall include a progress report on the status of the <br /> implementation of the Project and the new tax revenue generated by the Project,including,but <br /> not limited to,the following: <br />