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Density incentives and any relaxation of parking requirements shall be granted only upon review of the application and binding covenant as specified in Chapter 14.285 SMC by the City Planner and review under the City’s Design Standards. The City Planner shall approve or deny the application and binding covenant. A low-income development that receives a density incentive and/or a relaxation of parking requirements under SMC 14.235.055 shall not receive building, construction, or other permits until the binding covenant has been executed. (Ord. 2143, 2008)