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� ' ' ' � � <br /> NO\V� 1'IIfRL'I�ORC� lhc parlics do �i�;r� c: <br /> I. Thc City h:�; adop?cd a coinprchr•���ivc onlin:,ncc to providc (or thc <br /> improveinent of Casino Road betwcen Airport Itoad and Evert;rcen �Vny; a copy ot <br /> thc ordinancc is att.�ched as I'_xhibit A to this A�rcemcnt and inr.orporatcd hcrcin <br /> by this refcrencc as if fully s^t fo�th. Thr. City is also expericncing a strong <br /> demand for housing. The City �vould like to tacilita?e the construction of new <br /> housing an�l to reduee the efl<•rt, oi intlrVi�m on the finr.l costr� �f h�m�,inr to the <br /> residents of Everett. <br /> 2. Developer iccornir^s �nd -�c�.nowlcdges the r�ced Ior iinp;ovemcnt o[ <br /> Casino Road because of the fac.s set forth herein and f:xhibit A as incorporated <br /> hcrein. Dcveloper shall fully comply with thc requiremcnts for obtaining abuilding <br /> " perm[t for its proposed develapment ,:s set forth in rXn�n�c n, as wcll as other City <br /> ordinanres. <br /> 3. Upon fulfillment by Devcloper of thc requiremcnts currently set forth <br /> In Exhibit A, and compliance with all other applicable ordinances and regulations, <br /> tlu. City will issue a building permit to Developer for construction of its proposcd <br /> development in arcordanee with the plans and specifications on file fc� U;at project <br /> and approved by thc City of Everctt f3uilding Department. <br /> 4. Developer will not be singlca out by City to perform any requircrricnt ' <br /> which does not apply equally to other dev.elopments proposed or to be proposed <br /> along Casino Road which are similarly situated. <br /> 5. Fa3lure to comply with the tcrms of this Agrcement on tlic part of <br /> Developer shall result in immediatc suspension of all �rrmits related to the <br /> construction of the subject development; all other remedies of the City including <br /> thase undcr the liniform building Codc or othcr ordinances of the City arc <br /> cxpressly preserved as additional to any remedies hcrein. <br /> 6. Upon execution uf this Ag:eemcnt, and compliance with all other <br /> applicablc ordinai�ccs and regi�lations, thc City will issuc gradinE and right of �va)' <br /> usc permits to Ucvcluper for its proposed de�elopment in the vicinity of Casino <br /> .Zcad. Issuancc of grading and right of way Fxrmits shall not obligatc thc City to <br /> i;sue any turthcr �ir.nnits until thc Dcveloper fullills the tcrms of this Agrcement. <br /> � 1� � <br /> Paf;c ..2- <br /> � <br />