Laserfiche WebLink
NpW�Thl[ItCfOItC� th� partics do agree: <br /> 1, The City h�s adopted a compreiiensive ordinance to provide for the <br /> ��z?�o�.ment o: Casino Road between Airport Road and Evergreen 1Vay; a copy ot <br /> the ordinance is attached a's Exhibit A to this Agreement and incorporated herein <br /> by this reference as if fully set forth. The City is also experiencing a strong <br /> demand for housing• 'fhe City would li4e to facilitate the construction oi new <br /> housing and to rrduce the effects of inflation on the final costs of housing to the <br /> residents oi Everett. <br /> y, Developer recognizes and aclmowledges the need for improvemmt oi <br /> � Casino Road because of the facu set forth herein and Exhibit A as incorporated <br /> .herein. Developer shall fully comply with the requiremenu for obtaining a buitding <br /> pecmit for Its proposed deveiopment as set forth in Fxhibit A, as well as other City <br /> ordihances. � <br /> 3, Upon Sulfillmmt by Developer of the requirements currently set forth <br /> in Exhibit A, and compliance wlth all other applicaSle•ordinances and regulatioros, <br /> the City will issue a building permit.to Developer for construction of its proposed <br /> de��elopment in accordance with the pians and specifications o� file for that project,. <br /> and approved by the City of Everett Buiiding Department. <br /> ' q, Developer will not be siigled out by Ci:y to perform any requiremmt, <br /> �vhich• does not apply equally to other developments proposed or to be proposed <br /> along Casino P.oad which a�e similarly situated. ' <br /> 5, Failure to comply with the terms of this Agreement on the part of <br /> Developer shail result in immediate suspension of all permits rclated to tfie <br /> • construction of the subject development; all other remedies of the City including <br /> � thosc under the Uniform Building Code or other ordinances of the City are <br /> eapressly preserved as additional to any remedies herein. <br /> (,, Upon execution of this Agreement, and compliance with ail other <br /> applicable ordinances and regutations, the City ��i1� issue grading �ind right of �vay <br /> usc permits to Dc��eloper for its proposed devclopment in the vicin�ty of Casino <br /> I;ond. Issuancc of gr�din� and right oi ���ay p�rmits shall not oblig�tc thc City to <br /> issuc any furtlicr permits until tiic Developer fuliilis thc tcrms of this Agreement. <br /> f'aEc -2- <br />