Resolution 5742 - Laserfiche WebLink

ATTACHMENT 1 provision of streets and utilities and any soil disposal costs associated with the redevelopment. EHA would then sell the property to the developer. As noted in the budget (Exhibit D), EHA will apply the proceeds from the sale to pay its costs, including the line-of-credit. EHA and the City will share any amount remaining after the coverage of those costs. Design and Development Guidelines (Exhibit G). As discussed above, the intent of this Plan is to utilize the density allowed for this area as provided for in the City's existing Comprehensive Plan. EHA has developed an illustrative redevelopment concept that it has shared with the public which shows development of 89 90 new single family attached dwelling units covering the Fenced Area and some adjacent lots (attached as Exhibit F to this Plan). The illustrative redevelopment concept is one example of the kind of quality development that would meet the design and development parameters discussed below and attached as Exhibit G to this Plan. The property owner (Asarco, EHA or its successor) will record these guidelines. With some modifications the illustrative redevelopment concept can accommodate 85 units. The actual development should be generally consistent with that the concept and the standards contained in this Plan and other applicable City standards. The intent of the project is for the units to be owner- occupied. It is possible that additional properties in the area may be made available to EHA or its developer prior to implementation of this Plan. In that event it is possible that the total area that is redeveloped as a direct result of this Plan could be expanded. This Plan provides a framework for reviewing and approving the details of the actual development. This Plan uses the area generally encompassed by the Fenced Area as an example of what the outcome could be. Detailed infrastructure will be designed in conjunction with redevelopment project plans. In terms of the current plan level decisionmaking and development parameters, the west part of the area will be served by a new perimeter roadway and main entrance off East Marine View Drive east of the intersection with Broadway, at no cost to the City. The precise location and design will be determined in accordance with City standards. Pilchuck, Hawthorne, and Butler would be the other local streets in the Redevelopment Area. Utilities to serve the redevelopment would be planned for location and Community Renewal Plan-page 15