(A) Applicants applying for a conversion of apartments to a condominium project shall be eligible for a density bonus or any incentives or concessions pursuant to this subchapter only if the requirements related to replacement of existing very low- or low-income units in Cal. Gov’t Code § 65915(c)(3) are complied with.
(B) An applicant for approval to convert apartments to a condominium project may submit a preliminary proposal to the Community Development Department prior to the submittal of any formal requests for subdivision map approvals. The city shall, within 90 days of receipt of a written proposal, notify the applicant in writing of the manner in which this section shall be applied to the project.
(C) Nothing in this section shall be construed to require the city to approve a proposal to convert apartments to condominiums.
(Ord. 548-C.S., passed 8-15-06; Am. Ord. 690, passed 7-18-23)