(A) The city will grant either of the following to projects that include a proposal for a child care facility located on the premises of the project:
(1) A density bonus that is an amount of square feet of residential space that is equal to or greater than the amount of square feet in the child care facility; or
(2) An additional concession or incentive that contributes significantly to the economic feasibility of the construction of the child care facility. The applicant must provide substantial evidence that any such concession is needed for the economic feasibility of the child care facility.
(B) In order to receive the additional child care density bonus, the project must comply with the following requirements:
(1) The child care facility must remain in operation for a period of time that is as long or longer than the period of time during which the density bonus units are required to remain affordable; and
(2) Of the children who attend the child care facility, the percentage of children of very low income, low income, and moderate income households must be equal to or greater than the percentage of dwelling units that are proposed to be affordable to very low income, low income, and moderate income households.
(C) Notwithstanding any requirement in this section, the city is not required to provide a density bonus or concession for a child care facility if it finds, based on substantial evidence, that the community has adequate existing child care facilities.
(Ord. 1173, passed 7-2-07)