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PLAN ELEMENTS r-t <br /> g. Transfer of Development Rights from Significant Historic Properties to <br /> New Sites: On a square-foot-for-square-foot basis, developers can <br /> transfer unused floor area per maximum FAR with basic design <br /> standards as identified in Table 2 for the applicable historic site <br /> (sending site) to the proposed development site (receiving site) within <br /> the B-3 zone, provided all of the following conditions below are met. <br /> (1) The proposed development does not exceed the maximum FAR <br /> identified in Table 2. <br /> (2) The site sending is included in the existing historic properties <br /> listed in a survey of Everett's Historic Properties (revised and <br /> reprinted in 1996), Hewitt Ave Inventory (1989), Central Business <br /> District Inventory/ Survey (1993) or is listed as the Everett, <br /> State, or National Register of Historic Properties. <br /> (3) The sending site (applicable historic property) must adhere to the <br /> Secretary of Interior's Standards for Rehabilitation for any <br /> changes to the building's exterior. <br /> h. Transfer of Development Rights from Other Properties: The City may <br /> in the future establish a Transfer of Development Rights program to <br /> enable the transfer of development from properties that are located <br /> outside the B-3 zone that may not be developed due to such <br /> properties' being significantly constrained by critical areas, being <br /> placed in an agricultural preservation program, being committed to <br /> permanent open space, or for such other reason as the City may <br /> deem appropriate. Should such a program be established, the <br /> development rights allowed to be transferred from such properties <br /> may be applied to a receiving site in the B-3 zone in accordance with <br /> provisions to be established as part of such a program. <br /> EVERETT DOWNTOWN PLAN — DRAFT 6/29/2006 69 <br />