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2 <br />evaluated with families earning less than 70% of median income, the proposal would have received 10 <br />points in the Income Targeting section and the total score would have been 60. <br />After consultation with the County Attorney, it has been determined that the Development Agreement; the <br />Declazation of Restrictive Covenants; and the Deed of Trust and Security Agreement must be amended to <br />revise the definition of eligible homebuyers to include families earning less than 70% or area median <br />income. The County Attorney has prepared the necessary documents for the Boazd's review and <br />approval. <br />FINANCIAL IMPACT: None. <br />RECOMMENDATION(S): <br />The Manager recommends approving a Development Agreement Amendment for the Pine Hi11 Drive <br />Bond Project and authorizing the County Manager, upon the County Attorney's review and approval, to <br />execute a Development Agreement Amendment; and an Amendment to the Declazation of Restrictive <br />Covenants with EmP~WERment, Inc, on behalf of the County. <br />