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no violations of applicable zoning requirements, land use regulations, or building and <br /> housing ordinance requirements for which a notice of violation has been issued and is not <br /> resolved by compliance,withdrawal or other final resolution. The project must also <br /> comply with any other standards and guidelines adopted by the City for the residential <br /> targeted area in which the project will be developed. <br /> 7. Parking. The project must provide all required parking spaces on site. The <br /> parking requirements for multiple-family dwellings of the Everett Zoning Code are <br /> applicable to multifamily residences provided for in this Ordinance, provided however, to <br /> qualify for the exemption hereunder, the project shall provide not less than one(1) <br /> parking space per new or rehabilitated residential unit in the project. The term"parking <br /> spaces on site"means that all the parking required under applicable City codes and <br /> requirements, shall be off street parking and provided on the property subject to the <br /> application for tax exemption hereunder or on any contiguous parcel owned by the <br /> applicant and not separated by a street, alley, other public right of way, or property not <br /> owned by the applicant. The planning director may authorize the parking area for a <br /> multifamily residence which is subject to the application for tax exemption hereunder, to <br /> be located on a contiguous parcel which is separated from the multifamily residence site <br /> by an alley, if topographic, environmental or space constraints prevent vehicle parking <br /> and maneuvering from being placed on the location otherwise required by this Ordinance. <br /> In approving the on site parking on any parcel contiguous to the multifamily residence <br /> site, including any approved parcel separated by an alley, the planning director shall <br /> require the owner to execute and record a covenant running with the land, acceptable to <br /> the City Attorney, dedicating such parking area to parking use, to terminate only in the <br /> event that the owner's use which created the need for the parking on the owner's <br /> property, is abandoned, discontinued or otherwise terminated, or the owner provides <br /> parking in a contiguous alternate location which is acceptable to and approved by the <br /> City. <br /> Section 8. Application Procedures. <br /> A property owner who wishes to propose a project for a tax exemption shall <br /> comply with the following procedures: <br /> 8 <br />