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cZcose \koz\ <br /> DEVELOPMENT to make oneself cozy:be cozy <br /> A micro housing and student housing development company <br /> June 14,2016 <br /> Allan Giffen <br /> City of Everett <br /> 2920 Wetmore Avenue <br /> Everett,WA 98201 <br /> Mr. Giffen: <br /> Per your request, following is a brief narrative describing our project located at 1004 <br /> Broadway, Everett, Washington 98201 and its eligibility for the City of Everett's <br /> Multifamily Tax Exemption(MFTE)program. <br /> The project includes 120 student housing units, exceeding the minimum number of units <br /> required by the program. In addition, the project is located within the North Broadway <br /> Urban Center as established in Everett Municipal Code chapter 3.78. Finally, the project <br /> design meets the standards for the building design established by the City in Planning <br /> Director Interpretation No. 15-03 as approved by SEPA#15— 024.. <br /> Feel free to reach out to me directly with any additional questions. <br /> Sincerely, <br /> Cathy Reines <br /> President&CEO <br /> 1208 Tenth Street,Suite 201,Snohomish,WA 98290 l 3 <br /> 30 <br />