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HomeMy WebLinkAbout8.2 Dub Ranch Afford Hous CITY CLERK File # D[q]63]0l-~~ AGENDA STATEMENT CITY COUNCIL MEETING DATE: February 18, 2003 SUBJECT: ATTACHMENTS: RECOMMENDATION: ~ FINANCIAL STATEMENT: Dublin Ranch Affordable Housing Proposal Report Prepared by: Eddie Peabody, Jr., Community Development Director ' 1. Section 8.68 of the Zoning Ordinance, Inclusionary Zoning Regulations Applicant letter and Financial Plan Concept Maps dated January 30,2003 2. 3. 1. Review Applicant proposal in light of established Inclusionary Zoning Ordinance requirements Evaluate Staff comments on issues of this request Give consensus direction to Applicant and Staff to proceed on one of three options presented by Staff as follows: 2. 3. Option 1: Proceed to process a specific request to allow the concentration of all Dublin Ranch affordable housing requirements into a single project on 25 acres immediately west of the Toll Area G project with certain requirements as suggested by Staff; Q! Option 2: Have the developer create a new series of projects in the future that would concentrate a portion of the Dublin Ranch affordable housing requirements in several locations as suggested by Staff; Q! Option 3: Instruct Staff to continue to require (to the extent possible) that affordable housing requirements for the Dublin Ranch property be met for each future project when submitted on the individual project site and based on the present requirement of 50% , moderate, 20% low and 30% very low household income levels. Impact on the City's financing would be as follows: a) Present Housing Fund balance $9.363 million b) General Fund Reserve for Housing .626 million · Total $9.989 million c) Committed for Senior Housing Project up to $1.829 million ------------------------------------------------------------------------------------------------------------- COPIES TO: In-House Distribution ITEM NO. -8. % fI" '). · Subtotal $8.160 million d) Applicant request for housing (if approved) $6.786 million · Total housing fund remaining $1.3 74 million e) Potential loss of non-residential funding for housing ( commercial linkage fee) assuming 2 million square feet of future commercial use at $.50 a square foot = $1 million At the present time Staff has not evaluated the Developer's financial plan. If the City Council wishes to proceed with Option 1, Staff will need to return to the City Council with a specific evaluation if the proposed subsidy is appropriate. BACKGROUND: On May 21, 2002 the City Council approved an Ordinance amending the Inclusionary Zoning Regulations (Chapter 8.68) of the Dublin Municipal Code (Attachment 1). This Ordinance was amended on January 7, 2003. Specific elements of this Ordinance include: 1. a requirement that 12.5% of any residential project of20 units or more be affordable for a period of 55 years. The ordinance also states up to 5% ofthe total 12.5% of affordable units may pay an in lieu fee. 2. a requirement that all affordable units shall be reasonably disbursed throughout the project 3. a requirement that the number of bedrooms in the affordable units reflect the number of bedrooms in the project as a whole 4. a requirement that units be allocated to the various income level as follows: 50% moderate income; 20% low income; and 30% very-low income. Staff has been working with several developers with current applications for projects within the City. These developers include AMB/Legacy, Greenbrier and the Pinn Brothers. These developers have been working with Staff to accommodate affordable units within their projects, disbursed throughout to the extent possible. PROJECT DESCRIPTION: As an alternative means of compliance with the Inclusionary Zoning Regulations, the applicant conceptually proposes a 928-unit rental apartment project on the high-density parcels in Dublin Ranch Area B, consisting of 320 senior restricted units and 608 non-seniors restricted units as well as 5,000 sq.ft. of retail uses on 25 acres. The total average residential density would be 37 units per gross acre, and would be similar to the Waterford Apartment project on Tassaj<:rra Road with 629 of the units (68%) proposed as affordable. All of the phases have one and two bedroom units but no three-bedroom units are provided for larger families. The proposed project would attempt to meet the entirety ofthe affordable housing obligation for the remainder ofthe Dublin Ranch projects (including the yet to be annexed Wallis Property). An assumption was made by the applicant that the remaining Dublin Ranch dwelling units left to be built in the future would be 3,399 units (Area B, F, Dublin Ranch West) although no specific entitlements as to actual units have been granted by the City. According to the applicant, 425 affordable units would be required to meet the 3,399 unit requirements (12.5% oftotal units) and the proposal (629 units) would provide 204 more than the assumed requirement. In addition, the request has been made to increase the mid-range density ofthe high-density site (now shows as 744 units) to 928 units utilizing a 25% density bonus now allowed by the Zoning Ordinance. 2 Special considerations requested by the applicant include: ANAL YSIS: . Approval of this proposal as meeting (or exceeding) the affordable housing ordinance requirement for the rest ofthe Dublin Ranch projects. Exemption from any further affordable housing requirements (fees and mandatory requirements) for all properties both residential and non-residential in Dublin Ranch; including potential commercial linkage fees for up to 2 million square feet of Dublin Ranch commercial uses. Compliance with this request would require a development agreement. Expedited approval ofthis proposal by July 2003 so that tax credits and tax-exempt private activity bonds can be obtained in calendar year 2003. Due to a specific, short-term exemption in the prevailing wage law, if the financing is allocated by December 31, 2003, the project would not be required to pay prevailing wages despite its receipt of tax credit/tax exempt bonds and other public subsidies, such as the request for waiver of City fees. Consideration of a density bonus provision of the Zoning Ordinance to allow a small amount of retail uses (5,000 sq. ft.) onsite to maximize the ability for the applicant to get more points when the request for tax-exempt private activity bonds is considered by the state. A 25% density bonus from 744 units now permitted on the site to 928 units in conformance with Section 8.52.04D of the Municipal Code, which grants such requests ifmore than 20% of the total units are for low income households or 10% for very low households. Dublin Ranch is requesting a subsidy of $14,500 per unit for low and very low units (468) up to $6.786 million in either in the form of a waiver of application and processing fees or grants from the Inclusionary Zoning Fund for the 468 very low and low-income affordable units to be constructed. A request for the City to waive any further Inclusionary Housing requirements for any future Dublin Ranch projects (Area F, B, Dublin Ranch West) and any new commercial or industrial housing fees (commercial linkage) on remaining Dublin Ranch. Fast track City processing to obtain entitlements in July 2003 to avoid the prevailing wage criteria mandated by SB 172; they believe the prevailing wage criteria will make this financing approach infeasible. . . . . . . . The following variations from the requirements of the Inclusionary Zoning Regulations are apparent: 1. Dispersal. Since the units would not be constructed with each residential development project in Dublin Ranch over 20 units, affordable units would not be reasonably dispersed throughout Dublin Ranch. (See 8.68.030.A, 8.68.030.E.) The 629 affordable units would be dispersed throughout the 928-unit project as a whole. 2. Unit Size. Since unit sizes in the remainder of Dublin Ranch are currently unknown, Staff cannot determine if the affordable units proposed reflect the range of units in the project as a whole. (See 8.68.030.E.) 3. Affordability Allocation. The project proposes in income allocation of: 26% moderate income; 54% low income and 20% very low income. The proposal therefore shifts a significant number of units from the moderate-income level to the low-income level. The City Council is authorized to approve variations in the ordinance requirements under section 8.68.040.E, which allows for "alternative methods of compliance" if the methods meet the requirements of the Inclusionary Zoning Regulations. Several issues have been raised by this proposal; the concentration of all affordable housing requirements for future Dublin Ranch projects into one project is the most important policy question. To date, the City has followed the Inclusionary Zoning Ordinance, which addresses the need to have each project over 20 units provide 12.5% of required units as affordable and requires these units to be 50% be moderate, 20% 3 low and 30% very low. In addition, the applicant has chosen to build fewer moderate-income units (26%) than the 50% required by the Inclusionary Ordinance. From the request, Staff is requesting direction on the following: A) Concentration of affordable housing: Based on Dublin Ranch's request, does the City Council support the idea of concentrating the affordable units for the entire Dublin Ranch in one location? This would be an exception to the City Policy under Sections 8. 68.030.A and 8.68.030.E of the Zoning Ordinance, which would otherwise requires dispersal through each new residential project in Dublin Ranch in excess of 20 units. B) Subsidies: Dublin Ranch has requested a subsidy from the City for either in the form of a waiver of application and processing fees or grants from the Inclusionary Housing Fund for all very low and low-income units proposed (468 units or 74% of proposed affordable units in the project). 1. Pursuant to the Inclusionary Zoning Ordinance, the developer will be required to provide 212 low and very low income and 213 moderate units with no City subsidy. 2. Staff does not believe that it is appropriate to provide a subsidy for units required by the Ordinance. Since the developer is proposing to provide more affordable units than required, some subsidy may be appropriate. However, the City has not had adequate time to review the proposed financing plan for the project and the implication of such a large subsidy on the ability of the City to undertake other housing projects and housing initiatives in the future. Should any subsidy be considered? C) Moderate housing needs: New projects have been encouraged to meet the 50% moderate- income household requirements as well as the 50% low/very low in their projects. Generally, projects with below 60% of the household income may not provide housing for the workforce housing needs (teachers, etc.) which has been a large need in Dublin. This project does not have 50% moderate housing. Should the project be required to provide the 50% moderate household requirement as now identified in the Inclusionary Ordinance? D) Timing of the project: To complete the required entitlements (Rezoning, Environmental Review, Site Development Review, Development and Affordable Housing Agreements) by July 2003 as requested by the applicant may be difficult or impossible to obtain. Only four months are left and the public hearing process takes approximately 90 days to complete for rezoning, agreements, etc. The City Council would need to reassign present high departmental priorities, including delaying work on the Senior Housing Project, Toll Brothers Affordable Housing implementation and work on the Transit Center new residential projects (Avalon Bay, Lennar), which are time sensitive as well. Does the Council wish to make this project top priority in order to complete it by July 2003? Based on Dublin Ranch's proposal and the above analysis, Staff has identified three options for the City Council's review: Option 1 - Applicant's Proposal Benefits Disadvantages . Creation of 628 affordable units in the . Change in existing Inclusionary policy short term would help to meet the City's which recommended that each individual ABAG Fair Share Housing Obligation project over 20 units provides Inclusionary units 4 Benefits Disadvantages . Easier to obtain outside funding (4% tax . Subsidies are requested from the City for credits, etc.) and provide lower rents with a all very low and low units in project; not large concentrated single project just those above 12.5% . More than 12.5% of required units would . Few moderate units; a key housing need be built in Dublin for workforce . Requirement to waive any future Inclusionary units for entire Dublin Ranch project even though actual future build out units are unknown . Substantial concentration of affordable units in one location Staff would recommend that if the City Council were in favor of this request to concentrate all requirements into the one project, the Council should: . Provide no financing for the 12.5% (425) mandatory units. Currently, this is a requirement for all developers. Only consider possible subsidies for the units beyond the 12.5% requirement (204 units). . Require the developer to provide more moderate-income units in conjunction with this project, which will help provide opportunities for Dublin's workforce. While a predominately low/very low complex is easier to get tax credit financing, moderate units are needed. Some three-bedroom units should also be provided for affordable family units. . Instruct Staff to process a 25% density bonus for the project in accordance with provisions in the Zoning Ordinance and consider the retail and parking standards element of the proposal. . Provide that the total affordable units proposed create credit against expected affordable housing requirements for the Dublin Ranch pursuant to section 8.68.060; the exact number of affordable units required in the future could vary above or below the 3,999 build out units now projected. To the extent projects are approved in excess of those units, further compliance with the Inclusionary Zoning Regulations would be required; to the extent fewer units are proposed, the developer could sell the credits consistent with the terms of section 8.68.030. . Instruct Staff to identify what Departmental priorities should be changed to facilitate the processing of this project as the highest priority and return along with a more complete financial evaluation of the applicant's financing plan at the March 18th City Council meeting. . Instruct Staff to commence processing ofthe project when a complete application is received. Option 2 - Build several affordable housing complexes on the Dublin Ranch in the future that would cover the estimated 425 unit affordable housing requirement for build out of Dublin Ranch. Benefits Disadvantages . Less concentration of affordable units (2-4 . Harder to obtain tax credit financing for projects of 100+ units might be built) projects that have less than 50% affordable units . Better possibility to get percentages of . More difficult for developer to create market rate projects with moderate income more than one project units 5 Benefits Disadvantages . Smaller projects may be compatible with . Will have to deal with prevailing wage moderate income housing units included issues for tax credit financed affordable housing projects after 2003; increasing the cost to the developer Staff would recommend that if the City Council were in favor of this approach: . Instruct the Applicant to downsize the request for this site to a smaller project and now (or in the future) have the applicant identify 2-4 more sites for affordable housing elsewhere in the Dublin Ranch for which credit would given for the remainder of Dublin Ranch; . Have the Applicant plan for the inclusion of moderate-income affordable units in these new projects as required by the Inclusionary Zoning Ordinance (50%); and Option 3 - Continue existing policy of requiring Inclusionary Affordable Housing requirements in all new individual projects. Benefits Disadvantages . Disperses affordable housing throughout . Smaller projects will have to contribute Dublin Ranch land or build in concert with other projects, feasible low/very low rental projects . Opportunity to get moderate income as . Developers will have to consider different well as low/very low projects more housing types into overall projects in the integrated into new larger projects future. Duplexes, Triplexes, and/or small apartment complexes may be necessary in conventional single family neighborhoods . Smaller concentrations of affordable units . Individual small developer will have to in projects throughout the community work with other developers to achieve ways to meet their lower Inclusionary requirements Staff would recommend that if the City Council were in favor of this approach, the City Council should: . Instruct the Applicant to withdraw the present approach and include Inclusionary housing in all new Dublin Ranch projects; and . Instruct Staffto work with the Applicant on methods of achieving project Inclusionary requirements that can be accomplished in the variety of residential projects anticipated in the future for Dublin Ranch. RECOMMENDATION: Staff recommends that the City Council review the Applicant's request; evaluate Staff comments and give consensus direction to Staff and the Applicant to proceed with one of the three options as outlined by Staff. G: agenda/2003/ccsr Dublin ranch affordable housing 2-18 final 6 \ 6'6 CHAPTER 8.68 INCLUSIONARY ZONING REGULATIONS 8.68.010. Purpose. The purpose of this chapter is to: A. enhance the public welfare and assure that further housing development contributes to the attainment of the City's hO\lSing goals by increasing the production of residential units affordable by households of very low, low, and moderate income. B. assure that the limited remaining developable land in the City's planning area is utilized ina manner consistent with the City's housing policies and needs. . 8.68.020~ Definitions. As used in this chapter, each of the following terms shall be defined as follows: A. "Affordable Unit" means an ownership or rental-housing unit, including senior housing, affordable to households with very-low, low, or moderate incomes as defined in this chapter. 1. Rental units are deemed affordable units if the annual rent does not exceed 30% of maximum income level for very-low-, low-, and moderate-income households, adjusted for household size and as defined below. 2. Owner-occupied units are deemed affordable units if the sales price results in annual housing expenses that do not exceed 35% of income level for very-Iow-, low-, and moderate-income households, adjusted for household size and as defmed below. B. "Applicant" means any person, firm, partnership, association, joint venture, corporation, or any entity or combination of entities that seeks city real property development permits or approvals. C. "Dwelling unit" means a dwelling designed and intended for occupancy by one household. D. "Very-low-, 10w-, and moderate-income levels" means those income and eligibility levels determined periodically by the California Department of Housing and Community Development based on Alameda County median income levels adjusted for family size. Such levels shall be calculated on the basis of gross annual household income considering household size and number of dependents, income of all wage earners, elderly or disabled family members, and all other sources of household income and will be recertified as set forth by local standards, and state and federal housing law. 1. "Very-low income" means 50% or less of the median income, adjusted for actual household SIze. 2. "Low income" means more than 50% to 80% of the median income, adjusted for actual household size. 3. "Moderate income" means more than 80% to 120% of the median income, adjusted for actual household size. 1 ATTACHMENT 1 I.-be..-i'f1 :;l cr1 ~:'l E. "Resale controls and/or rent restrictions" means legal restrictions by which the affordable units shall be restricted to ensure that the unit remains affordable to very-10w-, 10w-, or moderate-income households, as applicable, for a period of not less than 55 years. With respect to rental units, such rent restrictions shall be in the form of a regulatory agreement recorded against the applicable property. With respect to owner-occupied units, such resale controls shall be in the form of resale restrictions, deeds of trust, and/or other similar documents recorded against the applicable property. F. "Residential development" includes, without limitation, detached single-family dwellings, multiple- dwelling structures, groups of dwellings, condominium or townhouse developments, condominium conversions, cooperative developments, mixed use developments that include housing units, and residential land subdivisions intended to be sold to the general public. 8.68.030. General Requirements A. 12.5% Affordability Requirement. All new residential development projects of 20 units or more designed and intended for permanent occupancy shall construct 12.5% of the total number of dwelling units within the development as affordable units, except as otherwise provided by this chapter. The foregoing requirement shall be applied no more than once to an approved development (and generally at the tentative map stage), regardless of the changes in the character or ownership of the development, provided the total number of units does not change. In applying and calculating the affordability requirement, any decimal fraction less than or equal to 0.50 may be disregarded, and any decimal :fraction greater than 0.50 shall be construed as one unit. B. Allocation of Units to Income Levels. Affordable units provided pursuant to this section shall be allocated to households with very-low, low-, and moderate-income levels as follows: Very-low-income households 30% Low-income households 20% Moderate-income households 50% Where the calculation of the allocation results in fewer units that would otherwise be required pursuant to subdivision A above, one additional unit should be allocated to the income level with a decimal fraction closest to 0.50. C. Conditions of Approval: Any tentative map, conditional use permit, or site development review approving residential development projects subject to this chapter shall contain conditions sufficient to ensure compliance with the provisions of this chapter. Such conditions shall detail the number of affordable units required, specify the schedule of construction of affordable units, set forth the applicant's manner of compliance with this chapter, and require the execution of an agreement imposing appropriate resale controls and/or rental restrictions on the affordable units. D. Concurrent Construction. All affordable units in a project or phase of a project shall be constructed concurrently with market-rate units, unless the City Manager determines in writing that extenuating circumstances exist that make concurrent construction infeasible or impractical. 2 ?, ,! <S{~ 2{ E. Design and Distribution of Affordable Units. All affordable units shall reflect the range of numbers of bedrooms provided in the project as a whole and shall not be distinguished by exterior design, construction, or materials. Affordable units may be of smaller size than the units in the project and may have fewer amenities than the market rate units in the proj ect. All affordable units shall be reasonably dispersed throughout the project. 8.68.040. Exceptions to 12.5% Affordability Requirement. Developers of projects subject to 8.68.030A shall construct 12.5% of the total number of dwelling units within the development as affordable units, unless subject to an exception set forth in this section. All exceptions require City Council approval, which shall be obtained at or prior to the last discretionary approval for the project. A. Payment of Fees In Lieu of Creation of Affordable Units. Upon request of the applicant, the City Council shall pennit the applicant to pay a fee in lieu of constructing up to 40% of the affordable units that the developer would otherwise be required to construct pursuant to Section 8.68.030A. The amount of the fee shall be as set forth in a resolution of the City Council, which may be amended from time to time to reflect inflation and changed conditions in the City and the region. In lieu fees shall be paid at the time and in the amount set forth in the in lieu fee resolution in effect at the time of issuance of the building permit. B. Off-Site Projects. An applicant may construct the affordable units not physically within the development in lieu of constructing some or all of the affordable units within the development, with the approval of the City Council, if the City Council finds: 1. that construction of the units off-site in lieu of constructing units on-site is consistent with the chapter's goal of creating, preserving, maintaining, and protecting housing for very low-, low- and moderate-income households. 2. that the units to be constructed off sit~ are consistent with Section 8.68.030E above. 3. that it would be infeasible or impractical to construct affordable units on-site. 4. that conditions of approval for the project require that the off-site affordable units would be governed by the terms of a deed restriction and, if applicable, rental restrictions similar to that used for the on-site affordable units. 5. that the conditions of approval for the project, or other security such as a cash deposit, bond, or letter of credit, are adequate to require the construction of the off-site affordable units . concurrently with the completion of the construction of the residential development or within a reasonable period (not to exceed 5 years). C. Land Dedication. An applicant may dedicate land to the City or city-designated local non-profit housing developer in lieu of construction of some or all of the required affordable units, if the Council finds that: 1. that dedication ofland in lieu of constructing units is consistent with the chapter's goal of creating, preserving, maintaining, and protecting housing for very-low, low- and moderate- income households. 3 u. ,..-, ~v~ \ ~ ';::' , 2. that the dedicated land is useable for its intended purpose, is free of toxic substances and contaminated soils, and is fully improved, with infrastructure, adjacent utilities, grading, and all development-impact fees paid excluding any inc1usionary zoning ordinance fees. 3. that the proposed land dedication is of sufficient size to meet the following requirements: a. the dedication includes land sufficient to construct the number of units that the applicant would otherwise be required to construct by Section 8.68.030.A, based on the size of lots in the subdivision for which the applicant is meeting its obligation; and b. in addition, the dedication includes such additional land the market value for which is equal to or exceeds the difference between the value of a market-rate, l200-square foot unit and the price at which such a unit could be sold as an Affordable Unit (which amount shall be set forth in a resolution adopted from time to time by the City Council) times the number of units required. D. Credit transfers. An applicant may fully or partially satisfy the requirements of Section 8.68.030A through the use of transfer credits created pursuant to Section 8.68.060. Credit certificates shall be presented to the Community Development Director, who shall note at the time of project approval the credit certificate by number. Credit certificates may only be used to satisfy the requirements for Inclusionary Units for the income category (Le., very low, low, or moderate) and number of bedrooms for which they are issued. E. Waiver of Requirements. The City Council, at its discretion, may waive, wholly or partially, the requirements of this ordinance and approve alternate methods of compliance with this Chapter if the applicant demonstrates, and the City Council finds, that such alternate methods meet the purposes of this Chapter. 8.68.050. General Procedures for Implementing Inclusionary Zoning Requirements A. Agreements. Prior to the issuance of a building permit for an affordable unit, resale restrictions or rental controls, or both, as the case may be, shall be set forth in an agreement between the City and the developer, in a form consistent with the City Council-adopted form agreement, which agreement shall be recorded against the property containing the affordable units. The agreement shall be executed by the City Manager, and its requirements shall run with the land and bind the applicant's successors. B. Rental Units; Occupancy; Annual Report. Agreements involving rental units shall require the owner of the affordable units to ensure that the units are occupied by tenants whose monthly income levels do not exceed moderate income levels and shall preclude tenants from subletting or subleasing the unit. The agreement shall also require the owner of the affordable unit to submit an annual report to the City Manager, in a format approved by the City. The report shall include, but not be limited to the following information: an identification of the affordable units within the project; the monthly rents charged and proposed to be charged; vacancy information for the prior year; and the monthly income for tenants of each affordable unit throughout the prior year. 4 C. Ownership Units; Occupancy; City's Right of First Refusal. Agreements for ownership units shall specify that the inc1usionary units must be occupied by the owner or owners and may not be leased or rented without the written approval of the City. The resale restrictions shall provide that in the event of the sale of an affordable unit, the City shall have the right to purchase any affordable owner-oc;cupant unit at the maximum price that could be charged to an eligible household. D. Selection Criteria. No household shall be permitted to occupy a unit that is required under this chapter to be affordable unless the City or its designee has approved the household's eligibility. Eligible potential occupants of affordable units will be qualified on the basis of household income, the median combined household income statistics for Alameda County published periodically by the California Department of Housing and Community Development, all sources of household income and assets, the relationship between household size and the size of available units, and any further criteria required by law. The developer shall use an equitable selection method established in conformance with the terms of this chapter. The selection criteria may not distinguish between adults and children. Selection of qualified person should be based on priorities established using the point system described below: . Employed within the boundaries of the City of Dublin (3 points, one per household) . Public Service employee working in the City of Dublin (1 additional point) .. Dublin resident (3 points, one per household) .. Seniors (1 point, one per household) . Permanently disabled (1 point, one per household) To qualify as a "Public Service Employee", the person shall be employed by a Public Agency. To qualify as "Employed within the boundaries of the City of Dublin", the person shall have been employed within the City of Dublin for at least six months. To qualify as a "Dublin resident," the person shall have been a resident of the City of Dublin for at least a one-year period prior to the eligibility determination. 8.68.060. Affordable Unit Credits. A. Creation. Affordable unit credits may be created by the City CounciL One affordable unit credit certificate shall be issued for each affordable unit constructed in excess ofthe number of affordable units required to be constructed for the project by Section 8.68.030A. The certificate shall designate a specific income category (i.e., very-low, low, or moderate income) and number of bedrooms for which they are issued. B. Ownership and use of credits. Affordable unit credit certificates are issued to and become the possession of the project owner, who may then use them to satisfy 'L1.erequirements of this chapter for another project in the City. If a project owner proposesto sell credit certificates, the parties shall first obtain the consent of the Community Development Director, who will dOCUl-nent the transfer by certificate number. 5 ~ ~~ 8.68.070. Incentives to Encourage On-Site Construction of Affordable Units. The City may, but shall not be required to, offer incentives or financial assistance to encourage the on-site construction of affordable units in excess of 12.5% ofthe total number of units in the project to the extent resources for this purpose are available and approved for such use by the City Council or City Manager. Such incentives may include, but shall not be limited to, the following: A. Fee Deferral. 1. Development Processing Fees. The City Manager may approve deferred payment of City processing fees applicable to the review and processing of the project. The terms and payment schedule of the deferred fees shall be subject to the approval ofthe City Manager. 2. Development Impact Fees. The City Council may authorize the deferred payment of development impact fees applicable to the affordable units. Approval of this incentive requires demonstration by the Applicant that the deferral increases the project's feasibility. The applicant must provide appropriate security to ensure future payment of such fees. B. Design Modifications. The City Council may approve design modifications to affordable units that increase the feasibility of the construction of affordable units, including but not limited to, the following: 1. Reduced lot size. 2. Reduced setback requirements. 3. Reduced open space requirements. 4. Reduced landscaping requirements. 5. Reduced interior or exterior amenities. 6. Reduction in parking requirements. 7. Height restriction waivers. 8.68.080. Inelusionary Zoning In Lieu Fee Fund. In Lieu Fees shall be deposited into a fund known as the "Inclusionary Zoning In Lieu Fees Fund" ("Fund"). I\.. Use. All monies in the Fund, together with any interest earnings on such monies less reasonable administrative charges, shall be used or committed to use by the City for the purpose of providing very-low, low-, and moderate-income ownership or rental housing in the City of Dublin. B. Annual report. The City Manager shall prepare an annual report to the City Council identifying the balance of monies in the Fund and the affordable units provided and any monies committed to providing very-low-, low-, and moderate-income housing. The annual report shall also include a review of administrative charges. 8.68.090. Violations. It shall be unlawful for any person, firm, corporation, partnership or other entity that is subject to this ordinance pursUilllt to section 8.68.030A to violate any provision or to fail to 6 I comply with any of the requirements of this chapter. A violation of any of the provisions or failing to comply with any of the requirements of this Chapter shall constitute a misdemeanor; except that notwithstanding any other provisions of this Code, any such violation constituting a misdemeanor under this chapter, may in the discretion of the enforcing authority, be charged and prosecuted as an infraction. Any person convicted of an infraction under the provisions of this Code shall be punishable as provided by the Government Code of the State of California. 8.68.100. Enforcement. A. General The City Manager shall enforce this chapter, and its provisions shall be binding on all agents, successors, and assigns of an applicant. The City Manager may suspend or revoke any building permit or approval upon finding a violation of any provision of this chapter. No land-use approval, building permit, or certificate of occupancy shall be issued for any residential development unless exempt from or in compliance with this chapter. The City may institute any appropriate legal actions or proceedings necessary to ensure compliance herewith, including, but not limited to, actions to revoke, deny, or suspend any permit or development approval. B. Excessive rentsllegal action. If the City Manager determines that rents in excess of those allowed by operation of this chapter have been charged to a tenant residing in an affordable unit, the City may take appropriate legal action to recover, and the project owner shall be obligated to pay to the tenant, or to the City in the event the tenant cannot be located, any excess rents charged. 8.68.110. Appeals. Decisions of the City Manager under this Chapter may be appealed as provided in Chapter 8.136. G:\PA#\2001\01-038\ce ord.1-7-03.doc 7 't <:5/. \;) MARTIN W. IN'DERBITZEN Attorney at Law February 10, 2003 Eddie Peabody Community Development Director City of Dublin 100 Civic Plaza Dublin, California 94568 Re: Dublin Ranch AffonJable Housing Proposal Dear Eddie: The purpose of this letter is to outline our proposal to meet the entirety of the affordable housing obligation for the remainder of Dublin Ranch (inclnding Dublin Ranch West - Wallis). This proposal follows several months of analysis and study on our part and research into the construction and financing of affordable housing projects in California. We are very excited about the proposal and are prepared to move forward immediately with a fannal, detailed submittal to the City for approval. However) prior to proceeding with this detailed level of a project submittal we would appreciate an opportunity to review the Concept Plan with the City Council in order to confinn the Council's support for our approach. PrOlect DescriotIon We introduce here, our conceptual proposal for a 928~UJ1it rental/apartment project on the high-density residential parcels in Dublin Ranch Area B (see the attached Area Map). The project will consist of 320 senior restricted units (i.e., senior only) and 608 family (non~senior restricted) units. The project will sit on approximately 25 acres in Dublin Ranch immediately east of the Area G Town Center residential project currently lUlder construction by Toll Brothers. The overall project density will be approximately 47 dwelling units per acre net or 37 dwelling units per acre gross. The development concept will be very similar to the Shea Properties Wateiford project on Tassajara Road. AT. Tn"U~,~r:f,~!T ;) I'Hiiftv~UfU..h Ii V\ 7077 Korl Center' Parkway, Suite 120, Plt~asanton, California 94585 Phone g25 485.10SQ Fax 925485-1065 Mr. Eddie Peabody February 10, 2003 Page Two ArfofdabUit~ Fully integrated throughout the project would be a total of 629 affordable units. These units would be allocated as follows: 127 units at or below 50% of the area median income (or very low income under the City's Ordinance), 341 units at 50% to 60% of the area median income (or low income under the City's Ordinance), and 161 moderate units at 120% of tIle area median income. The area median income (AMI) is presently $74,500; thus, qualifying income for these units would range from a low of $29,800 annually to a high of $44,700 annually (for the low and very low units). Dublin's Affordable Housine Ordinance For purposes of this proposal We assume build out of Dublin Ranch to be 3,399 dwelling units (see the attached Exhibit .,~" indicating projected build out by area within Dublin Ranch using either proposed development plans or the mid point of densities under the City's Specific Plan and the approved Dublin Ranch Ordinance). Applying the City's 12.5% inclusionary requirement to the proposed build out of Dublin Ranch would result in a requirement of 425 affordable dwelling units within the project. Thus, OUf proposal will exceed this requirement by 204 dwelling units. In additjon~ the City's Ordinance proposes a distribution of affordable units of 50% at moderate income (80% to 120% of area median income); 20% at low (50% to 80% of area median income); and 30% at very low (50% of area median income). By contrast, therefore~ our proposal will produce not only more affordable units than the Ordinance requires but it will produce these units at a deeper level of affordability. Timin~ We would like to proceed with this project as soon as possible. For this project to be feasible it will be necessary to obtain a tax-exempt private activity bond allocation via the California Debt Limit Allocation Committee (CDLAC) in calendar year 2003. The last date to submit an application for this allocation is July 16, 2003. Thus, we must work together to m.ove this application quickly through the City's approval process in order to meet the application deadline. If projects do not receive a CD LAC bond allocation in 2003 they will be required to comply with prevailing wage criteria which wi1lmake this project no longer feasible. (For a more extended discussion of the project mix together with the phasing and finanCing proposal, please see the attached which has been developed by our financing consultant, Klein Financial Corporation.) It 6lJ Mr. Eddie Peabody February 1O~ 2003 Page Three S,!ecial Consideration There are very few special considerations that we will be asking from the City of Dublin in order to assist in the development of this project; however~ there are a few key issues that should be highlighted for discussion: 1. fu order to maximize the potential for receipt of a CDLAC bond allocation, it is important that there be on site retail available for the residents. The manner in which this is integrated with the project should be discussed. 2. Parking requirem.~nts for this project should be discussed as it relates to the City's "standard" requirements. Please note the large number of senior restricted units that will be on site. 3. We will be asking for fee concessions from the City. Our request is for City participation in the amount of$14~500 per affordable unit (for the low and very-low units only) for a total of $6,786,000. The City participation may come iu phases with the project($2,218,50Q in the first phase, $2,334,500 in the second phase and $2~233~OOO in the final phase).This may come in the form of a waiver of the City application arid processing fees or a grant from the City's housing fund. Affordable Housin~ This proposal while dispersing affordable housing dwelling units among the 928 unit project proposed does not spread the affordab~e dwelling units throughout the remainder of Dublin Ranch. We will be looking for direction from the City COilllcil that our proposal is an acceptable way to meet (exceed) the affordable housing ordinance requirements. If approved, we will be requesting a finding that Dublin Ranch is exempt from any further affordable housing requirement (i.e., exempt from fees and mandatory incIusionary requirement) for all properties both residential and non-residential. This would include the Dublin Ranch West - Wallis property currently pending City consideration. Conclu~ion We are very excited to present this opportunity to the City of Dublin. It will result in an up-front compliance with the City's affordable housing Ordinance for Dublin Ranch and put the City at the forefront of the Bay Area in meeting its affordable housing obligations. We would like to meet with you next week to review some of the details of (, f; ,~.) ., "(:) Mr. Eddie Peabody February 10, 2003 Page Four this proposal and answer any questions you might have prior to the City Council discussion of this item on February 18th, Thank: you in advance. Very truly yours, MWI/lmh Enclosures cc: Jim Tong i b-- ~_\ Dublin Ranch Fairway Ranch Apartment Community Overview February 7, 2003 BackgroP.,!lt! Under its current development plan, Dublin Ranch has 3,399 more units to develop in its Dublin Ranch Master Plan Community, therefore under the City's inclusionary zoning ordinance, it is required to construct 425 affordable units. Accordmg tQ the Qrdinance, the 425 affordable units shall be allocated to households with very~low, low and moderate- income levels as follows: ;;'~~i1i;~'~W!;~aQ~~m~1{18~~iA~PI~li~~M6ili~J;trr;:~~:;i:!ij;:';':ii ;;:~i:~wi:qml.~!:~3Si~P&f;I~~:~ Low-income.(SO% - 80% AMI) 85 units - 20% . "I ,.. 'f'"'' -"111'''/' .,"....'\l".. '''1''', /'\ '."'I"'"'~'l" '"""'A""~I'~r"I'I'"'!MI'I"Am'" ., .....", """",'.)-.1".....'..'''1'rrll. ,"'''' .:".I,...""...."..~\\..,v~...':l.rt'..:.'. ,~.,.I\.',,'.', '....\ ':-1\:';rAi;.'l:e"":..o~j;."i':~*ii.;:M'''',:ii''tJ:0, It ":i':;J.i'l':~!i:'l;O~',.:' :; '" \ "I:" ':;,:; ,~,,+",: ',: i;"jl)'~':I::r<'~:;iili~:."':ili'~~i\i'I'O'{:J:', ,:,,! ': ,:l.yrt.~~" ,f,~,~~~~S!!~R.:~.~~.. \ .,'. ..:~li :~:J I~~:~~::' '. .:..:,:;..,!1,.~~,~1:.;..:::;;::::.';; '~::f~:': ~'1~~;P:~~~:~;1'!.::~~~:~~~:.: ,:.! Total 425 units Proposal Dublin Ranch would like to satisfy its 425 affordable housing unit requirement under the City's inclusionary housing ordinance at its 23.6 acre parcel located in Area B, which is currently zoned for high density development. The proposed plan is to build approximately 928 units) in three phases, on the 23 .6-acre parcel. This development plan will produce more affordable units than are required under the City's IncIuslonary zonln~ ordinance and the afforda.ble units created will be at a deeper level of afford ability than required (see tables below). ,..,0>.;.;,...".:.:.........,,'.... .r;"'.~ :I'.,\.~~.., ".,.~..:R.t..,"..'..;l '~,\.,."...,.~,.">i...." tI'"""~"",,,, . "f,ll' i"" '7""'" '''1'[' "'.1'.".."".....". "II I, r........ 1....,]11.11..,..' ,',"':'",:' i,1I.::, ,"':""'," ry',,' ,,",,",~'l,:O":,', n,,',",' , lfi' ',"h, ','0'''.' m' ','.'e','.',,",(:t',,",",':."'.' ',",g"',"s",',:,:\""'th,,,' ,,:",.' 'n' .',' ,':,'r,'".',p" ,6':l'I",'f;l"t,.'!','.\!;,',!',',:1I:,.,','.'lM' :."',,.,)' ':C"':"':"""""""'" ::,,' ,": :,! ~::> ': ,:fi:", ,ii, i'::::''! ,'t':':':'!';'~l':""'''': ':T:', i::':,; ::I;'OY ,'i"l,~",,~:\:'h'i.: ~,,":!\iioI ',lff '*' '~\,;I. c;u.~.:..1: ~{~V:J.,.:.J..' !,!.;~!;::'~ ': ::~~. ;l~:~!:.; ;:III:!(.!;',::!!I!'" :~::"~'~''i: .!:~:t. r f:.::\::::'::'.~',~,., ;'.: : : : .' .:.f~.l.~f~;W!~~'!~::i Low-income (50% - 60% AMI) 341 85 256 units t:;M~a~t~tii~'iii~hri!l~:,(89~~7i.~~f~0,%1;~t)::::;:;:;::,:"::: :~:')[:'~ ;:;;:::::,~;:t~fi!liiF;"1 r:;q~21f[r:~1~:;: rn1f~S2)~ifffi~~~~3.'1 Total Affordfl:ble Units 629 425 F ij9~~~~tNlitt.l1i~~Iqf1?Mt9.~iiiW.ij;;$f~!jTj::~'d:i~:':i: ';,:i~ d~i!: @!~0i4f!!:\:~i~fJH\~if:i,~ n!.~:il~41{~,~I.~~fr; Bonus Number of Affordable Units Under Proposed Plan Provided Required Difference \0 ~7 D Deeper AffordabUlty in Meetln2 the Minimum Affordable Unit Requirement Proposed RequIred Dublin Ranch Inclusionary Ordinance Affordable UnIts % Affordable Units % 50% AMI 127 20% 127 30% 50% - 60% AMI 341 54% 0 0% 50% - 80% AMI 0 0% 85 20% 80% - 120% AMI 161 26% 213 50%) Total 629 100% 425 100% A brief overview of the three phases is outlined below: phase 1;. The first phase is expected to be a 304 unit mixed income multi-family facility to be constructed with 50% of the units designa.ted as affordable units. Of the total units, 13.49%, or 41 units, will be reserved for households whose incomes do not exceed 50% of the Alameda County Area Median Income (AMI), based on household size and 36.84%, or 112 units, will be reserved for households wbose incomes do not exceed 60% of the Alameda County AMI. The project will also iuclude 54 units reserved for households whose incomes do not exceed 120% of the Alameda County AMI. The development is expected to contain 152 one-bedroom units and 152 two-bedroom units with the affordable 1lllits allocated proportiona.tely among the one and two bedroom u~ts. Phase 2: The second phase is expected to be a 320 unit senior mixed income facility to be constructed with 50% of the units designated as affordable units. Of the total units, 13.44%: or 43 units, vviIl be reserved for households whose incomes do not exceed 50% of the Alameda. County Area Median Income (AMI), based on household size and 36.88%, or 118 units, will be reserved for households whose incomes do not exceed 60% of the Alameda County AMI. The project will also include 54 units reserved for households whose incomes do not exceed 120% of the Alameda County AMI. The 'development is expected to contain 240 one-bedroom units and 80 two-bedroom units with the affordable units allocated proportionately among the one and two bedroom units. Phase 3: The third phase is expected to be a 304 unit mixed income multi-family facility to be constructed with 50% ofthe units designated as affordable units. Of the total units, 13.82%, or 43 units, will be reserved for households whose incomes do not exceed 50% of the Alameda County Area Median Income (AMI), based on household size and 36.51 %. or 111 units; will be reserved for households whose incomes do not exceed 60% of the Alameda County AMI. The project will also include 53 units reserved for households whose incomes do not e:x:ci;led 120% of the Alameda County AMI. The development is expected to contain 152 one-bedroom units and 152 two-bedroom units with the affordable units allocated proportionately among the one 'and two bedroom units. The first two phases totaling approximately 624 units, would be built concurrently. To finance all three phases of this development, Charter Properties will pursue ta.x-exempt private activity bond financing (via a California. Debt Limit Allocation Committee bond \~ cr:b allocation), ,4% federal low. income housing tax credits and city assistance. Please see the Phase 1 Detailed Financing Plan of this overview for an illustration of the proposed financing structure. Benefits of the. Proposal . The affordable housing units created under the Dublin Ranch proposal will be at a deeper level of afford ability than if the units were created according to the City's inclusionary housing ordinance. . The proposal will create an additional 204 affordable units beyond what is required under the City's inclusionsary housing ordinance. . The mixed income multi-family development plan outlined above will allow the developer to access favorable financing programs such as ta:x.-exempt private activity bond financing and 4% federal low-income housing tax credits. Access to these favorable financing programs will allow the developer to create the most affordable units with the least amount of city assistance and at the deepest levels of affordability. ., The proposed proj ects will be mixed income developmentsl thereby enhancing neighborhood diversity by providing housing for a variety of income levels and a.voiding economic segregation. . The proposed Phase 2 age restricted development would help satisfy the :need for senior housingj as the elderly population in the City of Dublin increases at a faster rate than the total population. . The creation ofllie 422 affordable units proposed in phases 1 and 2 would quickly satisfy approximately 20% of the City's very low-income and low-income affordable housing objectives (2002 - 2006) stated in its housing element. In order to ensure that these projects do not become infeasible, we must work together and move quickly to obtain a. tax-eumpt private nctivity bond allocation (via CDLAC) in calendar 2003. The last date to submit an application for a tax-exempt bond allocation is July 16t\ 2003. If the projects do not receive a CDLAC bond allocation in 2003, they will be required to pay prevailing wages and therefore become infeasible. Phase 1 Detailed Financin2 Plan Construction Period: Phase 1 of the Fairway Ranch Apartment Community (the "Project") will be financed using a combination of funding sources. The primary source of funds will be the proceeds of tax-exempt bonds. The sponsor expects to receive $32A 18jOOO of 1 st mortgage bond proceeds during the construction period. credit enhanced by a finanoial :institution (to be selected), via a Letter of Credit. The bonds will have an estimated interest rate of 3.00%. The term of the construction period credit enhancement will be 30 months. 'Ie -.) During the construction period, the tax credit inyestor and developer will contribute approximately $8,390,000. The developer will also make a developer fee loan to the partnership in the amount of $2,621,000 and contribute land to the Project in the amount of $9,080,000. The project will also receive proceeds from a mezzanine cash flow mortgage (including $203,000 of accrued interest during construction) totaling $1,703,000 from KSC Affordable Housing Investment Fund, LLC. The final source of funding anticipated is $2,219,000 ($ 14,500/affordable unit) ofloeal city assistance. In sum, the financing sources for the construction period are: $32,418,000 1st mortgage tax-exempt bonds $ 8,390,000 Tax credit and developer equity $ 2,621,000 Developer fee loan $ 9,080,000 Developer contributed land $ 2,219,000 City of Dublin assistance $ 1,703,000 KSC Affordable Housing Investment Fund, LLC Mezzanine Cash Flow Mortgage (including accrued interest) ..................------ ----- $56~431,OOO Permanent Period: Once the construction is completed and the Project is stabilized, the final permanent sources of funding will be put in place. This includes a 1 at mortgage loan of $32,418,000. The 1st mortgage tax-exempt bonds will be AAA credit enhanced, variable interest rate bonds, at an underwritten interest rate of 5.00%, with a term of 360 months. The full amount of the investor's tax credit equity contribution and developer equity will be funded in the amount of $8,202,000. The developer will also make a developer fee loan to the partnership in the amount of $2,621,000 and contribute land to the Project in the amount of $9,080,000. The project will also receive proceeds from a mezzanine cash flow mortgage totaling $1,500,000 from KSC Affordable Housing Investment Fund, LLC. The final source of funding anticipated is $2,219,000 ($ 14,500/affordable unit) ofloca1 city assistance. In sum, permanent the fInancing sources are: $ 391,000 1st mortgage tax-exempt bonds Tax credit and developer equity Developer fee loan Developer contributed land City of Dublin assistance KSC Affordable Housing Investment Fund, LLC Mezzanine Cash Flow Mortgage Lease-up cash flow required to fund project costs $32,418,000 $ 8,202,000 $ 2,621,000 $ 9,080,000 $ 2,219,000 $ 1,500,000 -..----,--,....--- ------- $56,431,000 Apartment Community Site Proposed Fairway Ranch Remaining Dublin Ranch Dwelling Unit Tabulations 744 units TOTAL - Remaining Dublin Ranch 3,399 units \ to u{ )-\ '\) 928 units (w/25% density bonus) :; i;! ("') :c == ,." z: -f \.N .._'"'~- '-'--"'~'" ., "----,-,,._;;;;/ RRA \ \, ~~ , \~. tH *1 i ~ , : >./ -"" '~"'\.!JWl r os ~: : ~,. ~-g I ~~j t g I GC l'iil 1~.~Men- ~ ~ J .,/\ _ t \_~\. \ .--" ) '1'-7 I !V . ! i',:'.... ,:i: 'r:: :i ':',:':>':":,:' .,::':' ,:i,:-: ,.::: ,: ~ . i'CO............,... ~;w.eltll-.'" GC/CO "Mt~ ~]EI. :':"",':";"". '\; . ':. -=-:::'::~-~~=';:}=:=~'~':'-~ ~-" -,....;~.. :==-=":\1 Fairway Ranch Apartment Community Site Dublin Ranch A Master Planned Community ... IIACICAJ.... :'~;,;~:,:~:~~~~"..<J<(- ., ......,~;~~.~ ';~~.';;~:; 15034\j:)1'Po(f)..D.B1Ialloo\OObllo-~IIII-NEW~'_j.jigh_D~ ~d ,.... ~ d\ ~ CONCEPTUAL B[JILDLt....rG ELEVATION STUDY ~,'~ - - ~~ FAIRWAY RANCH COAfAfUNITY -- - - - Du'BlB\1 RAl\iCf-i, CALIFOIL.VIA 'IS n1JJURG, IHNVIRr .\c SODERBERGH. AH ATTACHMENT <) / t ~...;'/ VAlv TILBURG, BA;vYARD & SODERDERGH. ALA CONCEPTU.I SITE STUDY (j!\ "."' '~~ :1~-~7- 6.)~ j;; \;:~./I FAIRWAY RAVCR CO D :LIl\i- RA1'.'CH, CALIFOR1VIA i ! UNITY . SENIOR RENTAL COMMUNITY B 4 STORY RESID&"'''TLA..L OVER 1 STORY PARKING UNIT A 40 UNIT B 40 UNIT C 36 UNIT D 36 TOTAL 152 PARKING STALLS 160 ; SE1\TIOR RENTAL COMMUNITY A 3 & 4 STORY RESIDENTIA ON GRADE PARKING UNIT TOTAL 168 PARKING STALLS 144 L .., \ " '. '. :0" 1 ~ , I i ci ~ <II Z ::::; <II ~ C APARTMENT COMMUNITY B 4 STORY RESIDENTIAL 4 STORY PARKING UNIT A 76 UNIT B 76 UNIT C 76 UNIT D ~ TOTAL 304 PARKlNG STALLS 430 $, APARTME:i-rr COMMUNITY A 4 STORY RESIDENTIAL 4 STORY PARKING 5,000 S.F. RETAIL UNIT A 76 UNIT B 76 UNITe 76 UNIT 0 76 TOTAL 304 ~ I 1 ~ ~ if 15 ).} _RBERGH, AlA FAIRWAY V/1.,'V TIl.BURG, B.'E\'YJ1RD & c_ COlVIlVIUNI A UNIT 576 S.F B [Jlv7T 672 s.F. APARTlvIENT COMM[ILVITY UNIT PLANS C Ul'''I7T 816 S.F D UNIT - 2 BEDROOj\I, 2 BA TH 1,040 s.F. 1 "I--..'_r," - ~ ~--~- ----~- i ~~~-- - .-__-1 ~J !~ '~J BEDROOM 11 '-0" x 10'-9" - - BEDROOAf, 24'-0' KITCHEN'! DINJl\lG LIVING 11'-6"x 12'_6" 1 BATH - '0 , '" .., 1 -~--~- w.I.C BEDROOAl, ?d"_;;.' ~, i ' i : LJ LIVING ['_6N-:x 12~rr 2'-1)"" 1 BATH ~ {o c ", .., - 2 BEDROOM BEDROOM #1 / /1 '-6" x W'- 9" 1 34'~O'. BATH /,"---../' ........-./ -....., ~-: 1;>LI'-..'INI;; v--<.) ^ , , C .". v-.. c 00 o "'" ,.., - 3S' -0- ::;1.'-',0" I l ;'l) ~ all a I '" '" ITA\; TITJ3FRG, B,1^,l/~'IRD SENIOR APARTMEN~ C(}MMUNITY UNIT PLANS ~ FAIRWAY RA~TCH CO~~UNITY -~- ----- ~--- - -~ DC-'EL R.4NCH C4UFOR1\!L-l F l.INIT 786 S.P E UNIT 592 s.F. & SODERBERGIi. AH , 1 BEDROOj~ 1 BATH ., , -2BEDROOM, _.~ ....., i ~, BEDROOM #2 9'.9" x 8'..,6'" .~ 1-1 i i K1TCH&~ i ;' 1 ../."-, A~ (' - ~-/ 'f~ Dft,,'LVG <,;---.,); BATH 1.;:- ;, '" , / / -0 -:I "\-'_{:'. -1;,) / -/ ~. '('-. ."":- ., 1.:::- "- '" - .....,~,~- BEDROOM #1 9.....r,"'....13"r.().. --~--- ,~ -'9' .5(:'-G~ '0 ;; '0 .~ ;.. J ~.. ;1,1