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... <br /> - :` , , , . � . <br /> ; . . <br /> � IJU1V, THL•RC�ORL•, t�ic p�irtics do agrcc: <br /> � �, Thc City has ad�ptecl a comprchcnsivc ordinancc to providc tor thc <br /> irt;provement of Casino [?ead lx:twcen Airport Road and Gv^r�reen 1V:iy; a eopy of <br /> ' tfic ordinancc is attaclicd a's Gxfiil�it A to this /�greement and incorporated hcrcin � <br /> by this reierence as it fully sct forth. llie City is also expericncing a strnng . <br /> � clamanJ fo,- housing. The City would like to iacilitate the construction oi new <br /> I <br /> � housing and to rccluce the eftects of inflation on the final costs of housing to tiie <br /> � residents of Everett. <br /> � Z, Developer rcco��izes and acknowledges the nced for fmprovement of <br /> Caslno Road because of the facts set forth herein and Exhibit A as incorporated <br /> .hercin. Developer shall fully comply �vith the reqiiirements for obtaining a building <br /> permlt for its proposed d�velopment as set forth in Cahibit A, as �vell as other C1ty . <br /> ordinances. ' <br /> 3. Upon fultillment by Develop�r of th= requirements currently set forth <br /> in L•xhibit A, and compliance with ali other applicaSle•ordinances and re�ulatlo�s, <br /> the City a�ili issue a building permit to Developer for construction of its proposed <br /> d.velopment in aecordarice with the plans and specitications on file for tliat projec2, <br /> and approved by the City oi Everett Eluilding Departm�nt. <br /> 4. Developer will not be singlcd out by City to perform any requ3rement. <br /> which•does nut apply cqually to other developments proposed or to be prop�sed <br /> along Casino Road whicli are similarly �ituated. � • <br /> 5. Failure to comply with the terms oi this Agrcement on the pari of <br /> Developer shall result in immediate suspension oi all permits rclaled to lhc: <br /> ' ca�struction of the s�bject development; all other remedies oi ihe City 3ncluding <br /> those under the Unifoi m [Suilding Codc or other ordinancr.: of thc City nrc <br /> expressly prescr�•cd as additional to any remedics hercin. . <br /> 6. Upon execution of this Agreement, and eomptiance with all other <br /> applieablc ordinanecs :uid re�;idations, the City will issuc gradin� and right of way <br /> usc permits to Devcloper !or its proposcd dcvclopmcnt in thc vicinity oi Casina.:1 <br /> Ro�d. Issuancc ct ��adinr, and riFht of «��y p_nnils shall not oUli�;atc ihc City to� '- <br /> issuc :viy furthcr permits until thc D:vcloper fulfills the tcrms of this Agrcement. <br /> . . :. <br /> P��c -2- <br />