8411 8TH AVE W 2016-01-01 MF Import

� nc�icc��r_Nr � Tf-I15 AGRI'_I'_ML•N'f by, and bctwcen thc City of .L•vcrctt, a muniei�al corporation .�-- (hcrcinaitcr , rcicrrcd 0 to as "City"), and (hcrcinafte.r also rcicrred to as "Devcloper")%� tcrcd into this� :� O �<<Y ot __�.� ' \VHERGAS, land in the vicinity of Casinu Road between Airport Road and Evcrgreen \Vay is sought to be developed in multipl� family and single family residential uses as �vell as commercial uses; and 1VHEREAS, it is desirable for the City of Everett to encourage the oroduction of housing stock �vithin the City while addressing the additional usage placed upon public improvements thereby; and \VHFREAS; the pl�nning and engin^ering staffs of City have determined that traific generation from such multiple family and singie family uses as �vell as commercial uses will adversely impact in a signiiicant manner the vehicular and pedestrian tr�fiic flow and movem�nt upon.•_and adjacent to Casino P�oad b�tween Airport Road and C-vergreen \?'ay; and, . \VHEREAS, it is the opinion of She Responsib;� Official oi th� City under its State Fsvironmental Policy Ac� (SGPA) ordinance that such significant adverse impact on th� vehicular and p�destrian traffic flow and movement upcn anc adjaccM to Casino Road bet�vicen Airport Road and Evergreen 1�lay may bc mitigated if building, gradin� and/or other permits for development in the vicinity oi Casino Road bet�veen Airport Road and Evergreen Way are conditioned to address and mitigate the impacts identified to Uc generateo by the development in such vicinity of Casino Road; and \VHEREAS, Developer desires to proceed �vith his development project in advance of the City Council comprehensively addressing development along Casino Road arid the �eeded public improvements required thereby, but Developer understands �d is �villing to presently commit to the policy decisions and speeific requirements �vhich the City Council deems necessary and appropriate as a result of i[s comprchensivc tevicw; � 9