Ordinance 3154-09 - Laserfiche WebLink

. . • ,IIW ORDINANCE NO. 315 4-0 9 An Ordinance amending Ordinance No. 2530-01, Extending the Effective Period for Preliminary Approval of Short Subdivision and Binding Site Plan applications WHEREAS,Under EMC Chapter 15.20.210.A, expiration of preliminary subdivision approvals occurs after five years and under EMC Chapter 15.20.210.B, expiration of preliminary short subdivision and binding site plans occurs after three years; and WHEREAS,there are currently no time extensions available for preliminary short subdivision and binding site plan approvals; and WHEREAS,the City of Everett has approved a substantial number of short subdivision applications that have been unable to obtain final approval due to unfavorable economic conditions; and WHEREAS,the City Council finds that the unusual and unprecedented economic conditions recently encountered across the nation may result in projects that would otherwise be beneficial to the City losing their vesting rights unless additional time can be allowed to secure project financing and construction permits; and WHEREAS,the City Council finds that allowing additional time for approved projects to secure project financing and construction permits is both necessary and beneficial to the City. NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: Section 1. Section 15.20.210.B of Ordinance No. 2530-01 which reads as follows: Expiration of Preliminary Short Subdivision or Preliminary Binding Site Plan Approval. Final short subdivision or final binding site plan approval must be obtained within three years of preliminary approval, after which time the preliminary approval will be void. No extension may be granted by the city to the applicant. is hereby amended to read: Expiration of Preliminary Short Subdivision or Preliminary Binding Site Plan Approval. Final short subdivision or final binding site plan approval must be obtained within five years of 1