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. r--z•`�' .l. <br /> � I . . t . . , . . . . -,l� . . ^:.sq�•��. . <br /> �Y! <br /> N01�', TFIGtCFORC, t�ic partics du agrcc: <br /> �, Thc City has adoptcd a comprchcnsive ordinancc to provide tor the <br /> , np;ovorn^nt �: Casino iluad bctween Airport Road and Gver�reen \Vay; a copy of <br /> the ordinonce is .ittached a's L•xhibit A to this Agreemeni and ineorporated herein <br /> by this reterenc�: :is it fully set forth. Th�� City is also experieneing a strong <br /> � d�mand ior hous�ng. The City would li4e to facilitate the coristruction oi new <br /> housing and to reduce the effects oi inilation o� the final cnsts of housing to the _ <br /> residents oi Everett. ' <br /> 2. Developer recognizes and acknowledges thP need for improvement of <br /> Casino Road becnuse oi the facts set forth herein and Exhibit A as incorporated <br /> . herein. Developer shall fully comply with the requirements for obtaining a building <br /> permit Sor Its proposed development as set forth in Exhibit A, as well as other City <br /> ordinances. ' <br /> g, Upon fultillment by Develop�r oi the requirements currently set forth <br /> in Exhibit A, and compliance with all other applicable•ordinances and regulations, <br /> the City will issue a building permit to Develuper for construction of its proposed <br /> development in aceorda�ce �vlth the plans aid specifications on file !or ihat projeet„ <br /> and approved by the City oi Everett Buildin� Oepartment. <br /> 4. Developer will not be si�gled ou: �y City to perform aoy requirement. � <br /> '� . <br /> ahich' does not apply equally to other dev.elopments proposed or to be proposed <br /> along Casino Road which are s.milarly siivatc.d. <br /> S. Fa�lure to comply with the tcrms oi this Agrcement on the part of <br /> Developer shall result in immediate suspension of all �xarmits rcl:.�r_d to the <br /> ' construetian of the subject d�velopment; all other remedies oi the C:ity i�duding <br /> e�ihose under the Uni:o�n-� Building C:ode or other ordin..,ices of tf�c City are <br /> capressly prescrved as additional to any remedies hercin. , <br /> 6. Upon executicn ot this Agrcem:nt, and compliance �vilh aU other <br /> applicable ordinanees and regulations, the City will issue gradin� aacl ri�lit of way <br /> usr_ permits to Dc��elon: r for its proposcd dcvclopmcnt in the vicuii�y of Casino <br /> . RO:1,�. ISSJ,lI1CC OI t;r��iinr �nd rigbt af ��'.iy' ��:'rmits shill not obli(;;itr. ihr. City to <br /> i�,�ic any lurthcr permits until thc Dcvcloper fultills thc tcrms of Ihis .Al;rccmcnt. <br /> �'aFc -"l- <br />