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SR-407-000-05 (9) f:\atty\muni\strpts\bar\Density Bonus Interim Ordinance 2-14-06 City Council Meeting 2-14-06 Santa Monica, California TO: Mayor and City Council FROM: City Staff SUBJECT: An Interim Ordinance of the City Council of the City of Santa Monica Modifying the City’s Density Bonus and Affordable Housing Incentives in Accordance with State Density Bonus Law Introduction At its meeting on January 24, 2006, the City Council introduced for first reading an ordinance modifying the City’s density bonus and affordable housing incentives in accordance with state density bonus law. The ordinance is now presented to the City Council for adoption. Recommendation It is respectfully recommended that the accompanying ordinance be adopted. PREPARED BY: Marsha Jones Moutrie, City Attorney Barry Rosenbaum, Senior Land Use Attorney See Adopted Ordinance No. 2176 (CCS) 1