Pursuant to Government Code Sections 65915 and 65917, the City must grant to an applicant of a qualifying housing development who seeks a density bonus (“developer”) either (a) a density bonus or (b) a density bonus with an additional incentive(s) as set forth in this article. A density bonus housing agreement shall be made a condition of any density bonus approved pursuant to this section. The agreement shall be recorded as a covenant on the property on which the designated affordable dwelling units will be constructed, which covenant shall run with the land. (Ord. #248-2020, S2 (Exh. A))