2014/10/22 Council Agenda Packet

5 v occupied as non -subsidized, market rate housing with a parking standard of one off-street parking space per rental room provided in the Trinity Lutheran College parking garage. 9. The Planning Commission held a public hearing on October 7, 2014, and has recommended that the City Council approve the proposed amendment to the pilot project ordinance. WHEREAS, the City Council concludes the following: 1. Student housing is still the preferred use for the subject property, but the lender has a valid financial reason for requesting a contingency in the event that student housing becomes a non -viable restriction on the full occupancy of the subject building. 2. koz Development and Trinity Lutheran College have proposed that in the event student housing is not viable for the full occupancy due to Trinity Lutheran College ceasing to exist in downtown, and the inability to secure a master lease for student housing with Everett Community College and/or Washington State University, that occupancy by non - subsidized, market rate rental housing be allowed, with one off-street parking space per rental room provided in perpetuity within the Trinity Lutheran College parking garage. 3. One off-street parking space per rental room is identical to the required parking standard for multiple family housing in the B-3 zone. 4. The proposed amendment provides for the health, safety and welfare of the Everett cornrnunity. 5. The proposed amendment promotes the best long-term interests of the Everett community. NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: Section 1. Section 1 of Ordinance No. 3380-14, which reads as follows: Pilot Project Established. A. Section 34 of Ordinance No. 1671-89 and Section 7 of Ordinance No. 2347-98, as amended, are hereby amended to provide for a pilot project for student housing and associated parking for student housing in the central business district. B. The City hereby establishes a pilot project to allow.student micro -housing on a site located on the southwest corner of California Street and Oakes Avenue in the B-3 (Central Business District) zone, in accordance with the conditions stated herein. Before January 1, 2017, or one year following the issuance the certificate of occupancy by the City's Building Official, whichever date occurs later, the City Council will review this pilot project to evaluate this new use as well as other micro -housing opportunities in the downtown and determine whether this type of use should be authorized including appropriate parking standards, and if so, under what conditions. 2 13