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• ' � . • - . -,..�,: <br /> .. . . • • � � - =- <br /> . ACILGGh1ENT , <br /> THIS nGREGMENT by and bet�veen the City ot .Everett, a municipal <br /> corporation (hcreina:tcr reicrred to as "City"), and <br /> EV�.RGREEN PROPERTIES, LTD. . a Washinqton Limited Partnership <br /> (herei�after also reterred to as "Developer"), is cntered 'uito this lbtti day <br /> of 5eptember 1960 x�R�E <br /> WHEREAS, land in the vicinity oi Casino Road between Airport Road and <br /> Evergreen Way Is sought to be developed in multiple family and single family <br /> residential uses as well as commercial uses; and <br /> WHEREAS, It is desirable for the CIty oi Everett to_ encourage the , <br /> production of housing stock within the City while addressing the additlonal usage <br /> placed uport public improvements thereby; and ' � <br /> N/HERCAS;the pleuming and engineering staffs of City have determined that � <br /> traffic generation from such multiple Samily and single family uses as well as <br /> commercial uses will adversely impact in a significant manner the vehtcular and <br /> pedestrian traffic flow and movement upon and adjacent to Casino Road between <br /> � Airport Road and Evergreen Way; and , _ <br /> • 1VHEREAS, It is the opinIon of the Responsible Officia! of tlie City �der Iis <br /> S:aie Fnvironmental Policy Act (SEPA) ordinance that such significant adverse ' <br /> impact on the vehicular and pedestrian trafiic fiow and movement upon and <br /> adja�-ent to Casino Road between Airport Road and Evergreen Way may be <br /> • ' mitigated it buildin�,�grading and/or other permits ior development in the vicinity <br /> oi Casino Road between Airport Road and Evergreen Way are conditioned to <br /> address and mitigate the impacts identified to be generated by the developmmt in <br /> such vicinity of Casino Road; and � <br /> WHERE-A5, Developer desires te procced with his development project in <br /> , advance ot the City Council comprehensively addressing development along Casino <br /> Road and the needed public improvements required th�reby, but Developer <br /> understands �nd is ���illing to presently cornmit to the policy decisions and specific <br /> requirem�nts which the Ciry Council deems necessary and appropriate as a result <br /> of its comprclicnsivc review; <br />