1 City of Salinas
Rental Housing Impact Fees Plan
(S.E.C. Abbott Street & John Street)
Document Date: May 3, 2024
Project Description: Mixed-Use development consisting of 242 residential rental units, 117,900 sf retail, 30,900 sf office and 70,000 sf hotel. This project will be built in 7 phases with phases 2, 6 & 7 containing residential components.
Application Date: December 23, 2020
Project Address: S.E.C. Abbott Street & John Street
Project APN: 002-481-022, -025, -026, -027, -028, -029, -030, -031, -032, -033, -034 & -035 002-371-039 & -044
Owner: The Uni-Kool Partners
P.O. Box 3140
Salinas, CA 93912
Developer: Phase 1
Cadius Partners Limited
23 Apex Drive
Bozeman, MT 59718
Phases 2-7
The Uni-Kool Partners
P.O. Box 3140
Salinas, CA 93912
Project Link To: PUD 2020-002; CUP 2020-030; ER 2020-018; TM2022-001 DocuSign Envelope ID: DFAE637A-5CEF-45AA-9FCD-1AAB9610D2B2
2 Fee Selection: Rental Housing Impact Fees Plan ($2.501 per sq. ft. of gross floor area2) Restriction Type: Section 8 Housing Choice Voucher Program If developer chooses to pay rental housing impact fees, the developer will also make twelve percent (12%) of the units within the development available to Section 8 Housing Choice Voucher (Section 8) Program participants through the Housing Authority of the County of Monterey (HACM) so long as the Section 8 Program exists.
Project Units: The Uni-Kool Partners, or its assignee, commits to offering 29 residential rental units to the Section 8 Program. These units will be evenly distributed among the different unit types within the development and throughout the different phases in the development. The following chart provides a proposed distribution of unit types at the time of submittal and may change as additional information is obtained via the developer’s market research.
Unit Type # of units provided Mix %
SRO Units 0 Units 0%
Studio Units 0 Units 0%
1-Bedroom Units 85 Units 35%
2-Bedroom Units 121 Units 50%
3-Bedroom Units 36 Units 15%
4-Bedroom Units 0 Units 0%
Total 242 Units 100%
Unit Placement: Unit composition and distribution is provided as an initial proposal. Actual unit mix, size, and location of units shall be determined and refined during the Site Plan Review process for Phases 2, 6, and 7 of the development.
Follow-up Items: Items below must be completed and/or addressed for Phases 2, 6, and 7 of the development:
• Density shall be determined by the current General Plan and Zoning Code in effect at the time of submittal for any development that includes residential uses. If project density exceeds 242 dwelling units an Amendment to the Planned Unit Development Permit and subsequent CEQA review will be required.
• The Rental Housing Impact Fees Plan will be reviewed , as part of Site Plan Review application(s) for Phases 2, 6, and 7 and modified as needed to reflect the actual number of units and Section 8 units per phase.
• Submission of a revised “Attachment A - Placement of Units to be
1 The stipulated fee is based on the current Schedule of Fees and Charges for City Services. Payment of Rental Housing Impact Fee is subject to change and shall be due at the issuance of building permits. The fee shall be calculated based on the fee schedule in effect at the time of building permit issuance.
2 Gross floor area" is as defined in Municipal Code Section 37.10.300 under "Floor area, gross." DocuSign Envelope ID: DFAE637A-5CEF-45AA-9FCD-1AAB9610D2B2
3 Offered to Section 8 Program through the Inclusionary Housing Ordinance” for Phases 2, 6, and 7.
• Rental Housing Impact Fees1 for Phases 2, 6, and 7 must be paid prior to issuance of a building permit for the applicable development phase.
• Submit compliant documentation from the Housing Authority of the County of Monterey demonstrating that 29 rental housing units were made available to the Section 8 Program.
___________________________________________ _________________ Stephen Kovacich, Managing General Partner Date The Uni-Kool Partners, a California General Partnership Property Owner
___________________________________________ _________________ Francisco Brambila Date
Acting Planning Manager
DocuSign Envelope ID: DFAE637A-5CEF-45AA-9FCD-1AAB9610D2B2 5/3/2024 | 5:03 PM PDT
5/8/2024 | 12:54 PM EDT
4 Attachment A
Placement of Units to be Offered to the Section 8 Program Through the Inclusionary Housing Ordinance
Note: The following chart provides a proposed distribution of unit types at the time of submittal and may change as additional information is obtained via the developer’s market research. Cadius Partners Limited commits to offering 29 residential rental units to the Section 8 Program so long as the program exist. These units will need to be evenly distributed among the different unit types in the development and throughout the different phases of the development.
DocuSign Envelope ID: DFAE637A-5CEF-45AA-9FCD-1AAB9610D2B2
5 DocuSign Envelope ID: DFAE637A-5CEF-45AA-9FCD-1AAB9610D2B2