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Ordinance Number 458ORDINANCE NO. 458 AMENDMENT TO FORSTER CANYON PLANNED COMMUNITY AN ORDINANCE OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, AMENDING THE FORSTER CANYON PLANNED COMMUNITY ADOPTED BY ORDINANCE NO. 418 THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. Findings. The City Council finds that: 1. The City's Environmental Review Board has reviewed the subject -amendment application, has determined that the project will have a significant effect on the environment, has required the preparation of an Environmental Impact Report, and has otherwise carried out all requirements of the California Environmental Quality Act. (The Environmental Impact Report prepared for the project has been certified as adequate.) 2. The proposed amendment is consistent with the land use, circulation and other designations shown for the property in the General Plan. The proposed amendment to the Forster Canyon Planned Community is otherwise consistent with the goals and policies of the General Plan. 3. The development of the property under the proposed amendment will conform to the development standards and other applicable provisions of Ordinance No. 418. 4. A duly noticed public hearing has been held to receive and consider public testimony regarding the proposed amendment. SECTION 2. Amendment. Based on the findings set forth in Section 1, preceding, the City Council ordains that Ordinance No. 418 heretofore adopted for the Forster Canyon Planned Community on March 3, 1981, by Ordinance No. 418 be amended. Said amendment is as follows: -1- 4 2 "HOUSING OPPORTUNITIES PROGRAM ��LL ffav��I "Introduction and Basic Requirements "This Comprehensive Development Plan (CDP) recognizes the desired objective to provide housing opportunities for all income groups, both on a community and regional scale. This Housing Opportunities Program has been designed to: (1) provide opportunities for persons of a wide range of income levels to live in San Juan Capistrano; (2) maintain the diversity of income levels of persons living in San Juan Capistrano; and (3) continue to provide the City's fair share of the region's supply of affordable housing. "Ten percent (10%) of the total number of dwelling units in the project shall be designated as affordable dwelling units. 'Affordable dwelling units' shall be defined as newly constructed dwelling units which are made available for occupancy by low- and moderate -income households. Low-income households shall be those receiving less than 80 percent of the median Orange County family income; moderate -income households shall be those receiving 80-120 percent. Median Orange County income shall be as established by the U.S. Department of Housing and Urban Development. "Implementation "A. Development of the Housing Opportunities Program "As a condition of approval of the first tentative map for the project, the developer shall submit a Housing Opportunities Program for the entire PC. This document shall be reviewed and approved prior to or concurrent with the tentative map review and shall specify the type of program, provide a timetable for implementation, outline marketing methods, indicate the nature and timing, if any, of the public agency involvement, and designate the method of selecting affordable dwelling units. "B. Methods "The approved Housing Opportunities Program may be implemented by any of the following methods: 11 1. The affordable dwelling units may be offered for sale to persons who are eligible for a housing assistance program sponsored by a public agency. -2- F 112. The affordable dwelling units may be offered 43 for sale to any public agency, which thereafter may: (a) subsidize the first resale and control subsequent resales; or (b) rent the units to persons who are eligible for housing assistance payments. "3. The affordable dwelling units may be offered to private investors as rental units under the provisions of Section 8 of the Federal Housing Act of 1974 or a similar rent supplement program as approved by the City. Designated units shall be offered only to investor -buyers who commit to participation in such rent supplement program prior to purchase. "4. The affordable dwelling units may be provided for occupancy by qualified persons under any other workable program approved by the City and the developer, whether or not it requires a public subsidy. "C. Holding Period for Affordable Dwelling Units "Affordable dwelling units in a particular development parcel subject to this CDP are to be available for sale and remain available for sale as provided for in paragraph.A, preceding, until all other units in such development parcel not designated as affordable dwelling units are sold. After the sale of the last such non -designated unit, the remaining designated affordable dwelling units shall remain available for sale as part of the Housing Opportunities Program (per paragraph A) but may also be offered for sale to the general public. However, in order to offset the loss of such units, the City may require that up to an equal number of new affordable housing opportunity units be designated in other development parcels subject to the Housing Opportunity Program. It is the intent of this program to limit the maximum number of affordable units in any one parcel to 20 percent of the total number of units in the parcel (unless otherwise previously agreed upon between the City and developer). In the event that the last development parcel is constructed and the accumulated number of affordable units exceeds 20 percent, then the numerical affordable unit requirement shall be reduced to not more than 20 percent of the last development parcel's total. Furthermore, if the remaining number of affordable units in the last designated parcel are not obtained by participating, eligible families, then the developer may sell the remaining designated units as the market allows. -3- "D. No Developer Subsidy or Financial Assistance "The Housing Opportunity Program shall not require the developer to subsidize the construction or sale price of any affordable dwelling unit. "E. Division of Responsibilities "It is the responsibility of the developer to produce a Housing Opportunities Program as outlined in paragraph A above. If, after approval of the program, the City cannot provide the funds or mechanisms to assist in the implementation of the program in accordance with the time schedule contained in the approved Housing Opportunities Program, the developer shall be released from the requirements set forth in this section." SECTION 3. Effective Date. This Ordinance shall take effect and be in force thirty (30) days after its passage. SECTION 4. City Clerk's Certification. The City Clerk shall certify to the adoption of this Ordinance and cause the same to be posted in the duly designated posting places within the City of San Juan Capistrano within fifteen (15) days after its passage. PASSED, APPROVED AND ADOPTED this 18th day of May , 1982 , by the following vote, to wit: ATTEST: ITY CLE r' AYES: Councilmen Friess, Hausdorfer, Bland, Schwartze, and Mayor Buchheim NOES: None ABSENT: None AWRENCE F. kCHHEIM, MAYOR SC