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313 <br /> agreement with the Orange County Department of <br /> Housing and Community Development, and should be <br /> binding for at least 15 years . <br /> The proposed provisions are most likely to be <br /> utilized by non-profit organizations already <br /> intending to develop affordable housing, or by <br /> developers/landowners with suitable land of <br /> lesser value to donate in exchange for a density <br /> increase. <br /> A more comprehensive and effective approach to <br /> the long-range affordability of housing involves <br /> other growth management issues being studied or <br /> discussed at this time, including watershed <br /> issues, the rural character, water and sewer <br /> extensions . <br /> The Planning Staff recommends approval of the <br /> proposed density bonus provisions including the <br /> addition of a minimum period of 15 years for <br /> contractural agreements . Also, as recommended by <br /> the Town of Carrboro, application of a 50% <br /> density increase when at "least" 20% of the units <br /> are for low-income households and the remainder <br /> for moderate income households. <br /> There was considerable discussion regarding <br /> density bonuses in watersheds and the possible <br /> "trade-off" of watershed protection for <br /> affordable housing. It seemed to be the feeling <br /> that affordable housing and density bonuses <br /> should apply county-wide. <br /> MOTION: Jacobs moved approval of the provision for <br /> density bonuses and recommend that the issue of <br /> its applicability in watersheds and other areas <br /> of restricted development potential be referred <br /> to public hearing November 27, 1989 . Seconded by <br /> Eidenier. <br /> VOTE: 9 in favor. <br /> 1 opposed (Eddleman - stated that he felt there <br /> are engineering and environmental reasons why <br /> density in watersheds should not be beyond a <br /> certain point and felt density bonuses in a <br /> watershed was a defect in the proposal. <br /> (4 ) Article 20 . 6 - Public Hearing/Notice <br /> Presentation by Marvin Collins. <br /> This item is to consider an amendment to the <br />