SLIDE 9 PLANNING commission
Academy my o
iversity ity D Develo lopme ment A nt Agreeme ment: nt:
1. . Le Legali lization of u f uses a at 34 total pr prope perties
inclu ludes addit ition o
f 3 pr prope pertie ies a and wit ithdrawal fr from 9 9 pr properties
ires f filing o ing of permit its t to b bring ing propertie ies into Code c complia lianc nce
Legaliz izatio ion n or
ive m modific ificatio ion n to p past build lding a ing alteratio ions ns
Pay ayment b by the Acad Academy an and LLCs Cs t to the Ci City of $ $58 m million, i incl cludes:
6 millio ion n as affo fordable le h housing b ing benefit fit
$8.2 .2 milli illion t to C Cit ity’s Sm Small Sit Sites F Fund
inder to P Planni nning ng C Code c civil p l penalt ltie ies, , reimbursement nt f for Planning ning enforcement co costs, U Unfair Co Competition L Law aw penal alties, an and impac act fees
Student nt H Housing ing Metering A ing Agreement nt
Swap and d addi ddition o
8 Re Reside dential H Hotel Ro Rooms (Admi dmin Code de Ch.
41)
Timing ng and Enfo forcement nt p provis isio ions ns