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AGItGGt.7ENT � <br /> TNIS AGREGMENT by anJ between th= City ot .Everctt, a municipal <br /> corporation (hereinaiter reterred to � ��C�tY���' �d <br /> EVERGREEN PROPERTZES LTD. a Washin ton Limited Partnershi <br /> (hereinafier also referred to as "Developer"), is cntered 'uito this � �*�,_day <br /> Oi c t fipr 1980 K�Q.�E <br /> WHEREAS, IanJ in the vicinity of 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 /> �VHEREAS, it is desirable for the City of Everett to encaurage the . <br /> production of housing stock �vithin the City while addressing the additional usage <br /> placed uport public improvements thereby; and <br /> WHERCAS;the planning and enBineering staffs of City have determined that <br /> tra;fic generatian from such multIple family and single family uses as well as <br /> commercial uses will adversely impact in a significant manner the vehicular and <br /> pedestrian traffic ilow and movement upon and adjacent to Casino Road between <br /> � Airport Road and Evergreen 1Vay; and • - <br /> . WHEREAS, it is the opinion of the Responsible Official of tlie City taider its <br /> 5:ate Fnvironmental Policy Act (SEPA) ordinance that such significant adverse � <br /> impact on the vehicular and pedestrian traffic fiow and movemeni upon anj <br /> adjacent to Casino Road between Airport Road and Evergreen Way may b� <br /> . mitigated if building,�grading and/or other permits for 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 developm�nt in <br /> such vicinity of Casino F.oad; and <br /> 1VHEREAS, Developer desires to proceed with his development project in <br /> advance ot the City Cou�cil comprehensivety addressing development along Casino <br /> Road and the needed public impro�ements required th:reby, but Developer <br /> understands and is ��•illing to presently cornmit to the policy decisions and specifie <br /> rcquircmrnts which the City Counci! decros nccessary and appropriatc as a result <br /> of its comprclicnsivc rcview; <br />