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programs would be made available including conventional financing programs with mortgage lenders and developer preferred lender incentives. The applicant explained that existing tenants, during the upgrade of the units, would be relocated to similar units on the property. If there are no available units on the property the tenants would be relocated to comparable units on another property, and the applicant would make an effort that it be in a nearby apartment complex(es). Physical Conditions In addition to the requirements for a subdivision, the application for a condominium conversion is subject to other requirements. Inspections of the property must be conducted by the City prior to approval of the Final Map. The applicant is required to provide a separate report that describes the physical condition of the buildings (including building foundations, roofs, walls, mechanical equipment, et cetera) to assure their continued useful life. The applicant has inspected the site, prepared preliminary descriptions of the physical condition of the property, and submitted documentation for the City's review. The Building and Safety Services Division will work closely with the applicant to ensure the project can comply with the City's construction standards and to assure the project will have continued useful life. The preliminary physical elements reports do not identify any unusual repair, replacement, or maintenance of existing facilities. The reports outlined the typical water damage to some of the ground floor units, some termite damage to the wood decks, and the need to replace the existing roofing membrane. Inclusionary Housing The project would be required to comply with the City's Inclusionary (Affordable Housing) Ordinance where 15 percent of the units, including condominium conversions, must be set aside for low/moderate income households (Zoning Code Article 30). In this case 14 units would be required to satisfy the inclusionary housing requirement. In addition the intent of the ordinance is to integrate the affordable units with the market rate ones where the inclusionary units are mixed in the site. Vesting Tentative Map A vesting tentative map with the appropriate condominium plan is also included with this proposal. The map identifies what exists on the property and phasing of the condominium conversion (three phases). The map shows that the proposal is a single-lot subdivision with the proposed property line boundaries, various easements, and infrastructure serving the development. The easements include public utility, storm drain and access for the common driveway. A recommended condition of approval is that a fmalized Conditions, Covenants and Restrictions (CC&Rs) will be required prior to approval of the Final Map. The CC&Rs will contain language that the common areas (i.e., decking, landscaped walks), open space, trees, private driveway, and parking areas and landscaping outside the buildings will be the responsibility of the homeowners association to maintain. Planning Commission Staff Report November 8, 2007 Woodside Apartments Conversion to Condominium Page 7 of 10