The Planning Commission shall not approve an application for conversion unless the Planning Commission finds that:
(A) All provisions of this subchapter are met;
(B) The proposed conversion is consistent with the City General Plan;
(C) The proposed conversion will conform to the City Municipal Code in effect at the time of tentative map approval except as otherwise provided in this subchapter;
(D) The overall design and physical condition of the condominium conversion achieves a high degree of appearance, quality, and safety;
(E) The proposed project will not convert during the current calendar year more than 5% of the potentially convertible rental units in the city for the current calendar year except as otherwise provided in this subchapter.
('61 Code, § 10-2.605) (Ord. 252 C.S., passed 8-3-81)