Ordinance 3774-20 - Laserfiche WebLink

2. Affordable Housing. a. "Affordable housing" means residential housing for low-and moderate-income households as defined in EMC 3.78 regarding multifamily housing property tax exemption. b. Affordable housing can be provided on site or off site,or a payment in lieu of providing affordable housing can meet this requirement. c. Rent/Sale and Income Restricted.Any development which receives a height bonus by providing affordable housing shall be required to record a deed restriction which will restrict the rent or sale of the housing units to those households whose income qualifies for this program.The length of the deed restriction shall be no less than fifty years. d. Fee-in-Lieu-of Program.A fee in lieu of,at a reduced ratio of two to one,may be approved by the planning director.See subsection 9 of this section. 3. Historic Building Preservation. a. A development project may provide for the preservation of historic resources through the city's transfer of development rights program. b. The development rights must be obtained from a building on the city of Everett's register of historic places. c. Any improvements to buildings from which development rights are transferred will be required to meet city requirements for historic buildings as set forth in a development agreement approved by the planning director. 4. Green Building. a. Additional building height is allowed for buildings certified by the U.S.Green Building Council,or equivalent standards. b. Any use of equivalent green building standards must be approved by the planning director. c. If certification has not been achieved at the time the first certificate of occupancy is issued for the building,the developer shall post a performance bond in a form acceptable to the city.The performance bond shall be based on the value of land per square foot of building in the area of the city in which the proposed development is located.The developer will forfeit the performance bond if green building certification is not achieved within one year of the city's issuance of the certificate of occupancy.The city reserves the right to use the funds for any purpose,including but not limited to green building improvements to publicly owned buildings. 5. Public Parking. a. Where Available.This height incentive is only available in Metro Everett. b. Building Use and Public Parking. i. Residential Parking Spaces.Parking spaces that serve residences during the evening must be made available to the public between seven-thirty a.m.and five-thirty p.m. ii. Nonresidential Parking Spaces. Parking spaces that are dedicated to nonresidential use during the day shall be made available to the public between the hours of five-thirty p.m.and one a.m. c. Fees. Reasonable, market-rate fees may be charged for public parking.A fee schedule shall be submitted to the planning director annually for review and approval. d. Term.The property owner will be required to record deed restrictions that show that the city will retain a permanent interest in the public parking as long as the building is occupied.The form and conditions of the deed restrictions must be approved by the city and will be required before a final certificate of occupancy. 6. Public Art. a. To receive an incentive height bonus for public art, a developer must contribute fees set forth in subsection 9 of this section to the city of Everett municipal arts fund. In lieu of providing the financial contribution to the fund,the city's cultural arts commission may approve public art to be completed by the developer; provided,that the value of that art equals the fees set forth in subsection 9 of this section. Ch.19.22 Building and Structure Heights 9 City Council Action(11/04/2020)