Laserfiche WebLink
1 Exhibit DM7f <br /> . <br /> AI <br /> DEVELOPMENT AGREEMENTn <br /> �;:;�' � �� • <br /> 4 jam: <br /> THIS AGREEMENT is:entered into this al day of k q.B'u 's 2006,by and <br /> between-Eastmont Place, ELCand Eastinont Village,LLC, Colman Building, 91 Marion.Street, <br /> Seattle, Washington 981.04(hereafter termed, "the Company');:and the City.of;Everett, a <br /> municipal corporation under the laws of the State of Washington(hereinafter the'City') <br /> 'RECITALS <br /> A. The Company owns approximately 3.4acres of real property.(rna .attached).on; <br /> the east side of 19`h Avenue SE,south of 96th P1ace.SE(hereafter the"Property".).. Upon <br /> implementation of this Agreement the zoning will be B-2 subjectto use-.limitations found herein <br /> and R-2A (see attached zone map,Exhibit"A"):_with site configuration and buildingappearances <br /> subject to depictionsand agreements.found herein. <br /> The Company's interest is to provide residential units and commercial:services:in such a <br /> way as to provide maximum use of the-site. The Company herein states,as evidenced by <br /> } willingness to sign this Agreement,,that:The Company officials in general and Mr. Clark <br /> specifically, have examined all details of the financial implications of thisAgreement and horein <br /> states his and the company's willingness make every effort to follow through with these <br /> commitments with only minor changes, as defined herein,being contemplated. The.City agrees <br /> the community would benefit from:such an action at this location, provided conditions found <br /> herein are met. <br /> 58 <br />