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except where also designated as Transition Area in the 6 <br />Comprehensive Plan. <br />This excludes all of the watershed areas with except of the Hwy <br />70/I -85 Corridor in Cheeks Township (see attached map, page 11. ). <br />It is likely that a developer would seek to locate the project in a <br />Transition Area, where public water and sewer could be obtained, <br />and where the base zoning density would be greater. It is less <br />likely that zoning which restricts density to one or two acres will <br />provide sufficient incentive utilize the bonus provisions. <br />Nonetheless, the exclusion poses a severe limitation as to where <br />bonus projects may be located. <br />The Planning Board has expressed opposition to this limitation. <br />The proposal has been revised to apply the exclusion only to the <br />University Lake Watershed (ULW), and the Water Quality Critical <br />Areas of other watersupply watersheds. This change is recommended <br />because specific protection standards have just been adopted within <br />the ULW, and the zoning density offers little to no incentive for a <br />developer to utilize the bonus provisions. Applicability of the <br />bonus provisions outside of the Water Quality Critical Areas <br />could be addressed during the development of standards for those <br />watersheds. <br />PROPOSED AMENDMENT <br />7.14.4 Affordable Housing <br />7.14.4.1 Density Increase Permitted <br />An increase in density may be permitted for Planned <br />Developments which provide on -site or off -site housing <br />opportunities for low- or moderate -- income households. A <br />contract shall be approved by the County Attorney and the <br />Orange County Department of Housing and Community Development <br />(HCD) as a condition of permit approval guaranteeing that the <br />reserved units will be purchased by or rented to qualifying <br />households, and shall be binding for a period of not less <br />than 15 years from the date on which the unit is first <br />occupied. The reserved lots or rental units shall be <br />indicated on the site plan or Preliminary Plan. <br />7.14.4.2 A22licability <br />a) A density bonus may not be approved for a Planned <br />Development project located within the University Lake <br />Watershed, or within areas designated as Water Quality <br />Critical Area in the Land Use Element of the <br />Comprehensive Plan. <br />