ZONING REGULATIONS OF THE TOWN OF WILTON, CONNECTICUT

29-5.Bo. Conversion to Sale Units: In the event that all or any part of the Affordable HousingUnits are converted from rental to ownership, the following conditions shall apply:(1) Prior to Conveyance of title to any affordable housing unit, the PropertyManager shall record on the Wilton land records, in addition to anydocuments required by the Connecticut Common Interest Ownership Act, arestrictive covenant in favor of the Wilton Planning and Zoning Commission,which covenant shall run with the land, providing that the project as a whole,notwithstanding such conversion, shall remain in compliance with Section 29-5.B.10 of these Zoning Regulations applicable to the affordable residentialunits: and providing that each such unit shall be sold or conveyed, on a saleor resale, at a price that will preserve it as affordable housing as defined inSections 8-30g and 8-39a of the Connecticut General Statutes and theseregulations;(2) The time period during which affordable housing units have been rented asaffordable units shall count toward the twenty-year restriction period: andaffordable housing units converted to ownership shall be restricted only forthe remaining portion of such twenty-year period;(3) The declarant of the common interest ownership community, or the commoninterest ownership association, if it becomes responsible for themanagement of the property, shall assume responsibility for ensuring thatsales and resales of affordable housing units occur in compliance withapplicable restrictions, and for compliance reporting as set forth in 29-5.B.10.p.p. Compliance Reporting: No later than January 31 of each year, beginning the yearafter the initial occupancy of the last affordable housing unit to be rented orconveyed in a particular project phase, the property manger shall prepare and filewith the Wilton Planning and Zoning Commission and the Wilton Board ofSelectmen or their designee containing, at a minimum, a list of the units utilized asaffordable housing units, a list of the incomes of all tenants or owners, and acertification by the Property Manager of compliance with Section 29-5.B.10 of theseZoning Regulations applicable to the affordable housing units. The Commission orits designee shall review the information and certify that the project is in compliance.A violation of the zoning regulations shall not result in a forfeiture or reversion oftitle, but in enforcing these Regulations the Commission shall retain and mayexercise all enforcement powers granted by the Connecticut General Statutes,including Section 8-12, which Powers include the authority, at any reasonable time,to inspect the Property and to examine the books and records of the PropertyManager to determine compliance of the project or individual units with theseaffordable housing regulations.q. Designation of Property Manager: The developer of a multi-family residentialdevelopment shall submit with the site plan or subdivision application a designationof the Property Manager who shall be responsible for the Compliance Reportingdescribed in 29-5.B.10.p.85