Resolution 5742 - Laserfiche WebLink

1. The Everett Housing Authority, acting as the City's redevelopment agent as provided by City Council Resolution No. 5505, has expended considerable effort and financial resources to complete the cleanup of the blighted property within the fenced area to prepare it for redevelopment. 2. The Everett Housing Authority requested proposals from potential developers of the fenced area in accordance with the Community Renewal Plan adopted by City Council Resolution No. 5525,which resulted in only one qualified developer submitting a proposal for redevelopment of the fenced area. 3. The Everett Housing Authority and its selected developer have determined that certain amendments to the Community Renewal Plan are necessary to make the redevelopment of the fenced area financially feasible, and has proposed such amendments to the Community Renewal Plan as identified in Attachment 1, including a revised development concept plan, increasing the acreage of the redevelopment area, increasing anticipated number dwellings from 85 to 90, and increasing the percentage of attached dwellings within the Community Renewal Plan area to not exceed 80% of the total number of dwellings. AND, WHEREAS,the City Council concludes the following: 1. The proposed amendments to the Community Renewal Plan are consistent with the applicable provisions of the Everett Comprehensive Plan. 2. The proposed amendments to the Community Renewal Plan bear a substantial relation to the public health, safety and welfare. 3. The proposed amendments promote the best long term interests of the Everett community. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVERETT: Section 1. The Community Renewal Plan adopted by City Council Resolution No. 5525 is hereby amended to incorporate the changes identified in Attachment 1. Section 2. Any future project specific redevelopment proposal for the redevelopment area must be consistent with the standards of the R-1A zone and the "Design and Development Parameters for Redevelopment Area" contained in the attached revised Attachment 1.