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sr-022211-7bCity Council Meeting: February 22, 2011 Agenda Item: ~ ° To: Mayor and City Council From: Marsha Jones Moutrie, City Attorney Subject: Ordinance Amending Santa Monica Municipal Code Sections 9.04.10.14.040, 9.04.10.14.050, and 9.56.050 and Adding Santa Monica Municipal Code Sections 9.04.10.14.060, 9.04.10.14.070, 9.04.10.14.080 and 9.04.10.14.090 to Modify the City's Density Bonus and Affordable Housing Incentives in Accordance with State Density Bonus Law Recommended Action Staff recommends that the City Council adopt the attached ordinance Executive Summary At its meeting on February 8, 2011, the City Council introduced for first reading an ordinance amending Santa Monica Municipal Code Sections 9.04.10.14.040, 9.04.10.050, and 9.56.050, and added Santa Monica Municipal Code Sections 9.04.10.14.060, 9.04.10.14.070, 9.04.10.14.080 and 9.04.10.14.090 to modify the City's density bonus and affordable housing Incentives in accordance with the State Density Bonus Law. The ordinance is now presented to the City Council for adoption. Prepared by: Marsha Jones Moutrie, City Attorney Approved: l ~ M rsha Jon Moutrie Ci Attorn Forwarded to Council: Rod Gould City Manager Reference Ordinance No. 2350 (CCS)