Laserfiche WebLink
pass to and be binding upon the Grantor, his successors and assigns, heirs, grantees, or lessees of the <br /> Property, beginning February 2, 2022. Each and every contract, deed or other instrument covering or <br /> conveying the Property, or any portion thereof, shall be conclusively held to have been executed, delivered <br /> and accepted subject to such covenants, regardless of whether such covenants are set forth in such contract, <br /> deed, or other instruments. <br /> NOW, THEREFORE, it is hereby covenanted, as follows: <br /> • Off-Street Parking Covenant. Grantorwas provided a reduction to off-street parking required for <br /> development of this Property.conditioned upon a covenant being recorded that requires compliance with <br /> an approved TDM Plan. The off-street parking reduction was granted based on the following (check all <br /> that apply): <br /> Li Multifamily parking [eduction based on resident characteristics <br /> O Extremely low-income (30% AMI or below) <br /> O Low-income (60% AMI or below) <br /> O Seniors (55+) <br /> X Multifamily parking reduction based on transportation characteristics <br /> X On frequent transit route (3 trips per hour) <br /> Li Transportation Demand Management Plan approved by City <br /> Cl Multifamily parking reduction based on development characteristics <br /> Li Shared parking in a mixed-use building where at least 50°70 of the gross floor area is <br /> non-residential <br /> 0 Exception to off-street parking based on: <br /> 0 Property located in Metro Everett Parking Area A <br /> O Property located in Metro Everett Parking Area B and granted a [ J % reduction <br /> O Property includes a structure or site that is individually listed on the Everett Register of <br /> Historic Places <br /> E Reduction to off-street parking based on: <br /> O Parking study as alternative to reduce parking <br /> Li Transportation alternatives, including providing: <br /> Li Car share stalls <br /> O Motorcycle parking <br /> 0 Bicycle parking beyond what is required by city regulations <br /> O Mixed-use projects <br /> 0 Shared parking between multi-tenant sites or nearby properties <br /> • TDM Plan. Develo meat of this Property was approved by the City contingent upon a final TDNI. plan <br /> and recording of this Covenant to ensure compliance with the TDM plan. The TDM plan was approved <br /> hv the City on IN/Al and is on file with the City. The TDM lap may be amended. as necessary, with the <br /> 2 <br /> 3 /co <br /> _ „ <br />