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LS 7.30.15 <br />(d) Monitoring /Audits. At the time of initial occupancy, and annually thereafter, the City <br />will monitor the Project to ensure that the income verifications are correct and in <br />compliance with the Inclusionary Housing Administrative Procedures. For <br />ownership units the City shall monitor to verify that owner - occupancy requirements <br />are maintained. Developer /Property owners are required to cooperate with the City <br />in promptly providing all information requested by the City in monitoring compliance <br />by eligible tenants compliance with the Inclusionary Housing Plan and Agreement, <br />and physical inspections of the Residential Project. <br />{b)(e� Administrative Procedures. The City Manager is hereby authorized and directed to <br />promulgate Administrative Procedures for the implementation of this Article. <br />SECTION 3. Santa Ana Municipal Code section 41 -1652 is hereby amended <br />such that it reads as follows: <br />Sec. 41 -1652. Applicability. <br />The change of use of an existing, economically obsolete building into a <br />new, more productive use such as apartments, condominiums or live /work units <br />is permitted subject to compliance with the following standards: <br />a) Eligibility. Projects must meet the following criteria to be an eligible <br />Adaptive Reuse Project: <br />1. Project site shall be located in one of the Project Incentive Areas, <br />as defined in section 41- 1651(e). <br />2. The building must be an Eligible Building, as defined in section 41- <br />1651(b). <br />b) Development Standards. Adaptive Reuse Projects shall, at a minimum, be <br />in compliance with the following development standards: <br />1. The residential units shall be a minimum of 500 square feet in size. <br />2. The ground floor of a multi -level building with three stories or more <br />containing street frontage shall be used as commercial /retail space. <br />3. Common area spaces for the building, such as lobbies and <br />recreation rooms, when located on the ground floor, may not <br />exceed 50% of the ground floor square footage. <br />IN <br />75B -26 <br />