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Riverfront Commercial Investment PNW Riverfro 5/14/2019 Amendment 2
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Riverfront Commercial Investment PNW Riverfro 5/14/2019 Amendment 2
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Last modified
9/24/2019 10:47:31 AM
Creation date
9/24/2019 10:47:23 AM
Metadata
Fields
Template:
Contracts
Contractor's Name
Riverfront Commercial Investment PNW Riverfro
Approval Date
5/14/2019
Department
Facilities
Department Project Manager
Mike Palacios
Subject / Project Title
Development of the Developer Property
Amendment/Change Order
Amendment
Amendment/Change Order Number
2
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
Document Relationships
Arlington
(Amendment)
Path:
\Documents\City Clerk\Contracts\Agreement\Purchasing Cooperative Interlocal
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1 <br /> I <br /> d <br /> dual <br /> gs <br /> reviewing plans for individual Phases of develop sehnatli have the lauthorit31 tom dna at I <br /> er <br /> InDirector <br /> Section 5.2.1 or Section 5.2.2,the Planning�an independent Developer's expense,the servindent.architect with appropriate expertise <br /> ces of upon as on independent third party. The.seleetion of°the architect shall be mutually agreedp <br /> by the City and Developer. <br /> 53 • '-r C-rtaficate of Partial Co r.letion. After us nce of a Ce ficatepey os <br /> Partial Completion for a portion of Developer Property: <br /> from the restrictionshl under Section 5.2 above as set forth in Section 5.1 nabove,permitted <br /> in additionuses <br /> to the uses I. <br /> Developer Proper r5' shall be _ <br /> authorized in Section 52 above. <br /> ens'Standarels• The Development Standards are revised as follows for the <br /> 6. Develo m � <br /> Developer Property. pProperty,7,ttaohmeizt F to the l <br /> Development Agreement A Revised Attachment • For the Developer and Land Division <br /> cement titled"Everett Riverfront District Zoning <br /> ent F attached to this Second Amendment For the . <br /> Standards"is replaced by the AttachAgreement titled~ tried Use <br /> Developer'Ezoporty,Attachment G too the Development <br /> Guidelines"is replaced by the Attachment G attached to this Second Amendment. <br /> B. F .• The First Phase shall be substantially as shown in the First Phase <br /> j between <br /> Attachments F or 0,as modified above,and the <br /> Drawings. If there is air inconsistencycontrol.� 1 <br /> First Phase Drawings,the First Phase Drawings <br /> C, Central Catherin Space. The Third Phase wilt include the Cent Gathering Space <br /> Q attached as gbh 3 to this Second <br /> that is substantially inseG. With with the <br /> to drawing <br /> e Central.Gathering'Space,this Section 6.0 <br /> Amendment and Attachment G. resp # <br /> supersedes Section 82.11 in the Ageernent. l <br /> D. Planrutn Director Decisien�• <br /> Any Planning Director decision under this <br /> Agreement is appealable to the Hearer Examiner in accordance with•FMC Title 15. <br /> 7. Multi-Famil• aurin: Pro.e Tax Exem'don. On or before-thel dateper of this5St tecohe <br /> Amendment,the City Council has adopted ordinance adding p b staff law, . <br /> lsan Cetrz in Area4 eligible for the multifamily housingand <br /> definition of Urban Center'in.Area 4 under EMC 3.78.150. To the extent ermitted'by <br /> the <br /> thej3eveloperPropertywillren0�n�� p ment under <br /> property tax exemption for the term of this Develo ment Dateof pts Second Amendment. <br /> conditions set forth <br /> exChaptercises <br /> ise8 the of the v s10 of the <br /> However,if the City duly exercises Repurchase Option in accorde with£th Prop ion}0 of the <br /> Restated PDA,then the City upon such-exeroise may remove the portion- from 4ci Urban <br /> Option to Repurchase Property (as defined in the Restatedo PDA)eligible th for the <br /> as nerUo that ated Option to Repurchase Property <br /> •is 110Center so the Design' p sisal of-such Designated <br /> multifamily housing property tax.exemption, in which case the appraisal <br /> Option to Repurchase Property under Section 1.0 of the Restated PDA will not take into account <br /> Oy multifamily sousing propel'tax exemption. <br /> 8, n 'ronmental Review andlVSitiJration•GeneralDms placed with the Attachment I <br /> em Conditions.Phasin 1 <br /> A. For the Developer Property only,Atter hment l is <br /> attached to this Second Amendment.For purposes of clarity,items not applicable to the Landfill <br /> 6 <br />
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