City Council

12. Density Bonus Agreement No. 2025-03 to Facilitate the Construction of a Fifteen-Unit Multi-Family Residential Development, Including Three Units Proposed as Affordable to Very Low-Income Households Department(s): Planning and Building Agency Recommended Action: 1. Determine that, pursuant to the California Environmental Quality Act (CEQA) and the CEQA Guidelines, the recommended action (below) is exempt from further review under Section 15168 (Program EIR); and 2. Adopt a resolution approving Density Bonus Agreement No. 2025-03; RESOLUTION NO. 2025-XXX entitled A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA APPROVING DENSITY BONUS AGREEMENT NO. 2025-03 TO ALLOW A FIFTEEN-UNIT MULTI-FAMILY RESIDENTIAL DEVELOPMENT, INCLUDING THREE UNITS PROPOSED AS AFFORDABLE TO VERY LOW-INCOME HOUSEHOLDS, AT THE PROPERTY LOCATED AT 2130 E. FOURTH STREET (APN: 400-091-23); and 3. Authorize the City Manager to execute a Density Bonus Agreement with Olive Crest, with a 55-year covenant term, for a rental residential development consisting of a fifteen-unit multi-family residential development, including three units proposed as affordable to very low-income households, at the property located at 2130 E. Fourth Street (Agreement No. A-2025-XXX).