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March 6, 2013 <br /> President Moore questioned whether any of the council members has a <br /> conflict of interest or any reason why he or she should not participate in <br /> this public hearing. There was no response. <br /> President Moore questioned whether any member of the public objects to <br /> participation in this hearing by any of the council members. There was no <br /> response. <br /> Allan Giffen, Planning, explained that on February 6 the city council <br /> adopted the interim regulation for the Silver Lake property, which is <br /> approximately 7 acres. With the adoption of the interim regulation, it put <br /> standards in place on the property that allow for development, but only if it <br /> is a mixed-use development in which 25% of the square footage is <br /> devoted to commercial development and the rest can be devoted to <br /> residential. It also established some quality development standards, and <br /> the purpose for doing that was to set up a planning process that could run <br /> for as much as a year to determine what the best uses and the best <br /> interest of the community would be for the future development of the <br /> property. He stated that under State law, when an interim regulation is <br /> enacted by a city or a county, a public hearing must be held within 60 <br /> days. The purpose of the public hearing is to take public testimony, to <br /> hear from the owners of the property, and to have the council members <br /> express their concerns and priorities. He remarked that the new owners, <br /> Taylor Development, do not believe that the previous project that was <br /> proposed is financially viable in the market today. <br /> President Moore invited public comment. <br /> Patrick Mullanay, Foster Pepper Law Firm, Seattle, spoke on behalf of the <br /> property owners, Taylor Development. <br /> Kevin O'Brien, Bellevue, and Kevin Taylor, Taylor Development, <br /> expressed their concerns regarding adoption of the city's interim <br /> regulations. <br /> Monica Sullivan, Everett; Allison Quinn, Everett; and Ben Zarlingo, <br /> Everett, spoke regarding their desire to maintain public access to the <br /> property and suggested that a new branch of the library might be a good <br /> fit. <br /> 65 <br />