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family to own the separate buildings in the complex and serve as landlords to the tenants in their <br />respective buildings. Buildings with this type of ownership, Senior Planner Barros explained, are "air <br />space" units, meaning they own the building but not the land beneath it. The common area would include <br />the community building and its amenities, the pool, spa, roads and landscaping. The development would <br />thus have a property owners' association (POA) rather than a homeowners' association (HOA). <br />Senior Planner Barros said that staff has reviewed the covenants, conditions and restrictions (CC &Rs) <br />that the applicant's legal team created, which cover maintenance of the buildings, the architectural style <br />and the use of the common areas. She said that staff will continue to review the CC &Rs, and that the <br />CC &Rs were not an subject to a vote by Planning Commission. <br />She added that a major change in the project that has emerged over the past year is the inclusion of the <br />proposed DA. It originated when the applicant realized that the Zoning Code authorizes a planned <br />development for only a year before it would be necessary to return to the Planning Commission for any <br />extensions. Given the economy, the developer decided that was too short a timeframe. The DA that <br />resulted, after months of negotiation, sets a 10 -year term for this project, plus a five -year extension to be <br />approved by the Planning Commission . Rather than being vested at today's fee rates, development fees <br />(such as park improvements) would escalate in accordance with the appropriate inflationary indices. The <br />proposed DA also states that the complex wouldn't be split into any additional ownership units beyond the <br />original twelve. In response to Commissioner Rennie, Assistant City Attorney Pio Roda said that the <br />provisions would no longer apply once the development agreement expires. <br />In terms of the project's Mitigated Negative Declaration, Senior Planner Barros said that essentially all the <br />mitigations in the review and in the Initial Study are standards that apply to most projects. An example, <br />she said, is having noise from BART trains mitigated with proper window insulation. <br />Senior Planner Barros said that in addition to the Planning Commission, the City Council's Housing & <br />Business Development Subcommittee also reviewed the project. <br />In concluding her presentation, Senior Planner Barros said that staff has prepared a resolution regarding <br />the project at 2450 Washington Avenue for the Planning Commission to consider forwarding to the City <br />Council. The resolution recommends: <br />• adoption of the Mitigated Negative Declaration; <br />• approval of the General Plan land use map amendment from Office to High Density Residential; <br />• approve Zoning Ordinance amendment from Professional District with Assembly Use Overlay P(AU) <br />to RM- 1800(PD) Residential Multi - Family (Planned Development Overlay District); <br />• approve Planned Development subject to conditions of approval; <br />• approve Vesting Tentative Map; and <br />• recommend approval of Development Agreement <br />In response to several questions from Commissioner Crow, Senior Planner Barros said that <br />. The Commissioners' packets included minutes from only one Planning Commission work session on <br />the subject property on May 20, 2010 because the project changed substantially since the first work <br />session on January 14, 2010. <br />. The proposed project seeks exceptions from two standards: the previously mentioned 7 -foot setback in <br />front, whereas the standard is 15 feet, and 85 covered parking spaces rather than 114 spaces. However, <br />she noted that the 48.5 -foot setback on the north side far exceeds the 6 -foot minimum standard and the <br />50 open parking spaces exceeds that standard by 29 stalls. <br />