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LS 7.30.15 <br />Housing Agreement shall be a legally binding agreement between the <br />Developer and the City, executed by the City Manager, or his or her <br />designee, and in a form and substance satisfactory to the Executive Director <br />and the City Attorney, and containing those provisions necessary to ensure <br />that the requirements of this Article are satisfied, whether through the <br />provision of Inclusionary Units or through an approved alternative method. <br />(b) Discretionary approvals. No discretionary approval shall be issued for a Residential <br />Project subject to this Article until the Developer has submitted an Inclusionary <br />Housing Plan. <br />(c) Issuance of Building Permit. No Building Permit shall be issued for a Residential <br />Project subject to this Article unless the Executive Director has approved the <br />Inclusionary Housing Plan, and any required inclusionary Housing Agreement has <br />been recorded. <br />(d) Issuance of Certificate of Occupancy. A Certificate of Occupancy shall not be <br />issued for a Residential Project subject to this Article unless the approved <br />Inclusionary Housing Plan has been fully implemented. <br />Sec. 41 -1906. Standards <br />(a) Location within Project, relationship to non - Inclusionary Units. All Inclusionary Units <br />shall be: <br />(1) Reasonably dispersed throughout the Residential Project; <br />(2) Proportional, in number of bedrooms, gross floor area of habitable space <br />and location, to the market rate units; <br />(3) Comparable to the market rate units included in the Residential Project in <br />terms of design, materials, finished quality, and appearance; and <br />(4) Permitted the same access to project amenities and recreational facilities, as <br />are market rate units. <br />(b) Timing of construction. All Inclusionary Units in a Residential Project shall be <br />constructed concurrent with, or before the construction of the market rate units. If <br />the City approves a phased project, a proportional share of the required <br />Inclusionary Units shall be provided within each phase of the Residential Project. <br />units to meet the inclusionary affordable housing requirements of this ordinance <br />the off -site project(s) containinq the required Inclusionary Units shall be subject to <br />the following requirements: <br />75B -20 <br />