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3. The B-1 Zone,by and of its self, would lead to loss of the potential residential use of the <br /> site which is largely vacant at this time (now occupied by a vacant group home); and <br /> 4. The land use policy in affect for the site, as proscribed by the Comprehensive Plan, calls <br /> for residential use of the site under the 1.6 (Multiple Family 20-29 units per gross acre) <br /> designation; and <br /> 5. Other policies of the Comprehensive Plan "strongly discourage" conversion of residential <br /> land to commercial use, but for"certain circumstances" (policy 1.1.3) including, (e) "when the <br /> commercial development includes a substantial mix of residential use along with commercial <br /> use," and (1.2.2) "Discourage speculative rezoning and require proposed new commercial <br /> designations to be based upon a binding plan (emphasis added) that integrates well with and <br /> improves the surrounding commercial area and adjoining neighborhoods;" and <br /> 6. Input by the Planning Commission indicates a desire to support and encourage innovative <br /> new land use approaches that will improve Everett's residential holding capacity over time, <br /> which the Planning Commission and City Council feels is exemplified by the subject application, <br /> and <br /> 7. Balbir Singh and the City desire to implement this proposed rezone through the City's <br /> non-project rezone process and a Development Agreement as provided in Chapter 41, Subsection <br /> 41.160D of the Zoning Code; and <br /> 8. The proposed rezone of the subject property, when combined with conditions specified <br /> above, is consistent with the Everett Comprehensive Plan; and <br /> 9. The public health safety and welfare will be provided for by the proposed rezone through <br /> the use of a Development Agreement; and <br /> WHEREAS, the City Council concludes: <br /> 1. The requested rezone of the property from R-3 to B-1 is consistent with the City's <br /> Comprehensive Plan so long as residential potential of the property is preserved; and <br /> 2. The rezone proposal is consistent with Chapter 41, Subsection 41.160D of the Zoning <br /> Code; and <br /> 3. The proposal by and of its self will not have any significant impacts on the environment, <br /> subsequent development will receive separate project specific SEPA review ; and <br /> 4. The proposed zone change from R-3 to B-1 for this property bears a substantial relation <br /> to public health, safety and welfare and it promotes the best long term interests of the Everett <br /> Community; and <br />