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_ . . , . . r>%- <br /> .'�. ... .� � • • ' . � ' <br /> NOI;', TFIGRCFORG, ttic parti^�� do abree: <br /> 1, Thc City has adoptcJ a comprchcnsi��e ordinancc to providc for the <br /> im:�rovern>n? o: Casino RoaJ bct�veen Airport Road and Evergreen 1Vay; a copy oi <br /> ihe ordinance is attaclied a's Erhibit A to this Agreement and incorporated herein <br /> by this re;erence as if fully set forth. The City is also exp�riencing a strong <br /> d�;n:nJ for housing• 'fhe City �vould li4e to facilitat� the construction of new <br /> I�ousing and to rcduce the effects of inflation o� the final costs of housing to the <br /> resiJ>nts oi Everett. <br /> 2, Developer reco�nizes and acknowiedges ihe need for improvement of � <br /> Casino Road b�cause of :he facts set forth herein and Exhibit A as inco�porated <br /> .herein. D�veloper shal! fully comply �vith ?he reGuirements for ohtaining a build'vig <br /> . p^rr.�it Sor its proposed development as set forth in Exhibit A, as well as other City <br /> ordinances. � • <br /> 3, Upon fulfcllment by Develcpe: of the requirc:ments currently set �orLh <br /> in L•xhibit A, and compliance with all ot5er ap�licabiz•ordinances and regulations, <br /> tlie City will issu� a building permit :o De��eloper for construction of its proposed <br /> d��•eiopm>nt in accordance �vith the pl ns and sp�cifications o� file Sor that project,. <br /> i <br /> anc; approved by the City of Everett 6uilding Departmeni. <br /> k. Develop�r will not be sL�gled out�y City to p�rform any requirement, � � <br /> C <br /> � �vhich' do�s nut apply equally to other deeelopmen ts prc�posed or to be pro�ased � <br /> _ �' <br /> alo�g Cas:no Road which are similarly situated. • <br /> � 5. Failure to comply with the terms of 2his /lgreement on the part of <br /> . H � <br /> . y ,. <br /> • Develo�� shall result in ir.��mediate suspzision of al! �rmits celated to •the . H : <br /> , _ UF <br /> ' ' co�struction af the subject development; all other remedies of the City including � <br /> i M � <br /> � ' 7hosc u�d�r the Uniform Uuilding Code or other ordinances of the City are F <br /> � ' <br /> • � . <br /> expressl�• prescrvcd as additional to any rcmedies hercin. � . <br /> � � : <br /> � 6. Upo� execution of this A�reem�nt, and compliancc �vith all other � <br /> I applicablc ordinances and regulations, thc Citp �vili issue �radin� a�d right oi �aay ? I <br /> ° � . <br /> � usc ��crmits to Dc��cloper for izs proposed devclopment in 'the vicini�y of Casino � `. <br /> I � ' m ; <br /> l:ozd, lssuincc ot �;radin� and right oi �eay permits shall not ohli�atc thc City to � <br /> � <br /> I isv.�c any furthcr permit� until thc Ucvcloper fulfills thc tcrms of this A���^.emc:nt. � � ' <br /> � : <br /> � <br /> i <br /> ! <br /> � PZ c -2- <br /> C . <br /> I <br /> � . <br />