1205 CRAFTSMAN WAY HERITAGE MARINE ELECTRICAL 2022-01-14

of the Property. This Agreement shall be construed in a manner that is consistent with applicable development regulations adopted by the City, except as modified herein. 16. The parties hereto agree that, as conditioned by this Agreement, the Port's proposed development of the Property satisfies the criteria for approval of alternative development standards under EMC 19.29.050.C. 17. The City Council has found that the conceptual site plan for Waterfront Place Central as proposed through the revised PDO is consistent with the City's vision for a new waterfront recreational and commercial destination in its central harbor front area. 18. The City Council approved the revised PDO rezone for Waterfront Place Central based on findings that: a. Waterfront Place Central is consistent with and would implement the goals and policies of the Everett Comprehensive Plan. b. Waterfront Place Central is compatible with Design Standards & Guidelines set forth in this Agreement. The policies of the Comprehensive Plan pertaining to compatibility of land uses, shoreline redevelopment, and urban design along the central harborfront were considered in the design of the project. C. The proposed Waterfront Place Central rezone bears a substantial relation to public health, safety or welfare; and promotes the best long-term interests of the Everett community. d. The new North Marina, the reconfiguration of the existing marina, boat repair facilities, new buildings and roadways, public walkways and urban plazas, will be compatible with the surrounding neighborhoods and harborfront areas. e. Waterfront Place Central, as developed over time, will meet or exceed the performance -based intent of the City's development standards in order to provide an exceptional civic and redeveloped shoreline environment. f. The elements of Waterfront Place Central will respond to and balance the needs of Everett residents and visitors, recreational boat owners, marine service businesses, the Port of Everett, the City of Everett, and other public agencies. g. The City and Port SEPA Responsible Officials determined that Waterfront Place Central is an appropriate subject of Phased Environmental Review. h. The City of Everett assumed lead agency status for the Phase 1 SEPA and the 2014 amended SEPA review related to the amendments to the City's Comprehensive Plan and Zoning, and the City assumed lead agency status for the Shoreline Master Plan limited amendment necessary for the Waterfront Place Central. 3 1 P a g e