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• <br /> A. The targeted area is located within the urban center as determined by the <br /> City Council; <br /> B. The targeted area lacks sufficient available, attractive, convenient, <br /> desirable, and livable residential housing to meet the needs of the public who would be <br /> likely to live in the urban center, if such places to live were available; and <br /> C. The providing of additional housing opportunity in the targeted area will <br /> assist in achieving the stated purposes of RCW 84.14.007 namely: <br /> 1. Encourage increased residential opportunities within the targeted area of <br /> the City of Everett; or <br /> 2. Stimulate the construction of new multifamily housing and the <br /> rehabilitation of existing vacant and underutilized buildings for multifamily housing that <br /> will increase and improve residential opportunities within the City's urban centers. <br /> D. In designating the residential targeted area, the City Council may also <br /> consider other factors, including,but not limited to,which additional housing in the <br /> targeted area will attract and maintain a significant increase in the number of permanent <br /> residents,whether additional housing in the targeted area will help revitalize the City's <br /> urban center,whether an increased residential population will help improve the targeted <br /> area and whether an increased residential population in the targeted area will help to <br /> achieve the planning goals mandated by the Growth Management Act under RCW <br /> 36.70A.020. <br /> E. The notice for the hearing has met the requirements of RCW 84.14.040. <br /> Section 5. Amendment or Rescission of Designation of Residential Targeted Area. <br /> The City Council may, by ordinance, amend or rescind the designation of the <br /> residential targeted area at any time pursuant to the same procedure as set forth in this <br /> ordinance for original designation. <br /> Section 6. Residential Targeted Area Standards and Guidelines. <br /> For the designation of residential targeted area,the City Council shall adopt basic <br /> requirements for both new construction and rehabilitation, including the application <br /> process and procedures. The City Council may also adopt guidelines and requirements <br /> including the following: <br /> 4 <br />