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t.. "1 <br /> '' ' ' 1 �(� t/R1/T �v.."�� <br /> AGlil: li �1 (iNT <br /> THIS AGRGEMCN7' by and bet�vicen thc City of Evtrctt, a municipal . <br /> corporation (hereinaitcr refcrrcd to as "City"), anJ ' <br /> . . CITY CONSTRU�TON COMPANY. INC. <br /> , _ — . <br /> (hcreinittcr also refcrred to as "Ucveloper"), is cntcred into this _S�� day <br /> ` <br /> of � �i/h E- , 197,8: ' <br /> ^, <br /> f`, . • <br /> 14HEREAS, land in the vicinity o! Casino Itoad betwecn Airport Road and ' <br /> Evergrecn Way Is sought'to be developed In multiple family and single famfly <br /> residential uses as well as cornmerc}al uses; and <br /> 1JHEl2CAS, It 3s clesirable for the City of Everett to encourage the <br /> production of housing stocl< �vithin the City while addressing the additional usage <br /> placed upon public improvemenis thareby; and <br /> WHEl2GAS; tlie planning and engineering staifs of City have detcrmined that <br /> traffit generation from such multip!e family and sinole family uses as well as <br /> eommercial uses will adversely impact in a si�nificant manner the veliicwar and <br /> ped=strian traffic flow and rnovement upo� and adj�cent to Casino Road i�etween <br /> Airport Road and Evergreen 1Va}•; and , <br /> • 1VHERLAS, It is the opinion of the Responsible Oiticial of tlic City w�der its <br /> 5ta;c Envira�mental Policy Act (SEPA) ordinancc that such significant advci•sc <br /> Irnpact an the vehicular and p�destrian traffic flow and movernenl upon ar.d <br /> adjacent to Casino Road bet�veen Airport Roai anJ Evcrgreen 14'ay may be <br /> • ' miti�ated ii building, grading and/or other perrnits for devclopment in tlie vlcinity <br /> of Casino Road b�ta�een Airport Road and Evergrccn Nay are conditioned to <br /> address a,�d mltigate the impacts :dcntificd to bc generated by the development 3n <br /> such vicinity oi Casino C.oad; and ' <br /> \t'HEIZEAS, Ucveloper desires to proceed with his devclopment project in � <br /> advance of the City Council comprehensivcly addressin� development along l:asino <br /> P.oad anJ thc needed pubiic improvcmcnts rcquircd th:reby, but Dcvcloper ' <br /> tnderstands and is u�illin� to presently commit to the policy decisiuns and s�xcilic <br /> reqnircmcnts �vhich thc City (:ouncil dccros ncccssac y ,-ind appropri:�tr as ,i resutt <br /> 01 its eomprchensivc revicw; <br /> . ' • , _ i . <br />