The Revised Affordable
Housing Plan shall be legally binding as part of a special permit which shall refer
to it in any decision. 8-21
2. Where set forth as a condition in the approved Revised Affordable Housing Plan,
no building permit shall be issued until the applicant submits to the Director of
the Department of Planning and Community Development a proper bond, or other
financial instrument designed to secure performance of the requirements of this
section. 3. No building permit shall be issued until the applicant submits proof that the
special permit decision has been recorded and that the Planning Director has
issued a final approval letter for the Revised Affordable Housing Plan. 4. The Planning & Zoning Board may impose conditions in which the Building
Commissioner may limit, restrict, or withhold the issuance of a certificate of
occupancy for any market rate unit(s) in a development until:
a. all of the affordable units have obtained a certificate of occupancy; or
b. any cash contribution, buildings and/or off-site units required to be
donated to the Town or its designee have been conveyed. 5. Prior to issuance of any certificate of occupancy for the a project including
affordable units, the applicant shall submit to the Director of Planning and
Community Development for approval a plan for marketing and selection of
occupants; initial rents or sales prices for the units designated as affordable; and,
prior to their being recorded, condominium, cooperative or other homeowner
association documents, as appropriate. For projects including affordable units
for rent, this plan shall be recorded as a part of the affordable housing restriction
set forth herein. All plans shall be consistent with the Affordable Housing
Guidelines. 6.