Tracy Municipal Code Art. 4 Urban Reserve Area 9/ Tracy Village Specific Plan Area

(a) By a ballot measure (this initiative measure). Six hundred (600) active adult residential allotments are allocated to the property/area formerly known as Urban Reserve 9, now referenced as the Tracy Village Specific Plan property, located at the southeast corner of Corral Hollow and Valpico Roads. This Article 4 and its sections were included in a ballot measure (this initiative measure) and provide the details of that allocation of Active Adult Allotments to the Tracy Village Specific Plan property.

(b) An individual (one) Active Adult Residential Allotment shall be required for each individual dwelling unit to be developed as an AAR residential unit on the Tracy Village Specific Plan property, and possession of such an Active Adult Residential Allotment shall be a condition of building permit issuance.

(c) No more than 200 residential building permits may be issued by City for the Tracy Village Specific Plan property in any given calendar year.

(Res. No. 2015-162, § 3(Exh. A), 9-15-2015)

(a) All or any part of said 600 Active Adult Residential Allotments allocated to the Tracy Village Specific Plan property by this initiative measure shall only be used on the Tracy Village Specific Plan property, and shall not be transferred (in whole or part) to any other project or property.

(b) Said six hundred (600) Active Adult Residential Allotments allocated to said Tracy Village Specific Plan property shall not expire.

(Res. No. 2015-162, § 3(Exh. A), 9-15-2015)

The general provisions of Articles 1, 2 and 3 of this Chapter 10.18, Active Adult Residential Allotments, shall apply to the 600 active adult residential allotments allocated to the Tracy Village Specific Plan property by this Article 4.

(Res. No. 2015-162, § 3(Exh. A), 9-15-2015)