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LS 7.16.15 <br />the Inclusionary Unit requirements for the project, in whole or in part, by <br />payment of a fee in lieu of constructing some or all of the required units. <br />(2) Calculation of fee. The amount of the fees allowed by this Section shall be <br />edology- -to -be se aA44n4he <br />Arimivr'c Frnfi++n drnn d ec `rh. + . [aW�rneithed(•�legjy4s -base e <br />]-tari+'rrrtoYrcnrpti.- r'IVOCUi' it .r.^r -•tea <br />afferdaWliiy- gap-assoeiated w 'required - uff6rdabie h6� <br />units on site es .., . _ propesed4:�esidential 4ejest five dollars per square <br />foot (35.00 /ft.Z) of the sum total of the number of square feet within the <br />habitable units as measured from the exterior walls of the residential units. <br />This calculation does not include hallways, common areas, landscape, open <br />space or stairways <br />(3) Timing of payment. The Developer shall pay any in -lieu fees allowed by this <br />Section in full before issuance of a the first Building Permit for any portion of <br />the Residential. Project, including any non - residential portions of a mixed -use <br />development. <br />(4) Inclusionary Housing Fund. Fees collected in compliance with this Section <br />shall be deposited in the Inclusionary Housing Fund. <br />Sec. 41- 1904.1. Affordable Housing Development Incentives <br />(a) in order to make the production of new affordable housing units on -site or off -site or <br />advantage of up to two (2) concessions among the following possible concessions: <br />spaces for each 4 or more bedroom unit. <br />(2) Concession on one of the following Zoning Code site development <br />standards: <br />iii) Density Bonus such that: <br />density bonus shall be increased by 1.5 percent up to a <br />maximum of 35 percent. <br />50A -16 <br />