Resolution 4123 - Laserfiche WebLink

AFTER RECORDING, RETURN TO: ORIGINA`� 3002 Wetmore Everett, WA 98201 I &' ' r RESOLUTION NO.'5/4:23 RESOLUTION OF INTENT TO REZONE AND PERFORMANCE AGREEMENT SILVER LAKE COSTCO STORE WHEREAS, The Costco Corporation filed an application to rezone property generally located between Interstate-5 and 19th Avenue S.E., and between 102nd Place S.E. and 106th Street S.E., from R-1 and C-2 with contract to B-2, for the purpose of constructing a 156,000 square foot retail/wholesale warehouse with approximately 805 parking stalls; and WHEREAS, the Everett City Council, after holding a public hearing, decided that the proposed rezone should be approved pursuant to the provisions of Section 32.130 and 41.160.D.7 of Ordinance 1671-89 as amended, and shall be subject to the specific conditions set forth in said Recommendation and Final Environmental Impact Statement dated March 21, 1995 ; and WHEREAS, the City of Everett finds that by establishing certain standards for the development of the property to be rezoned,the development plan is compatible with abutting properties as proposed; and WHEREAS, the Everett Zoning Code provides a mechanism by which the City and property owner may enter into a "performance agreement" wherein the proponent of a rezone agrees to develop property according to the terms of the agreement before the rezone is finalized by the City. WHEREAS, the City Council finds: 1. This Resolution of Intent to Rezone the "Costco Site" to a zoning classification of"B-2" (Community Business) is consistent with the land use designation applied to the property by the Everett Comprehensive Plan; and 2. The conditions applied to the development of the "Costco Site" through the Resolution of Intent to Rezone will mitigate the impacts associated with the development of the property,thereby bearing a substantial relationship to the public health, safety and welfare; and 3. The Resolution of Intent to Rezone assures that the development of the "Costco Site" will comply with all applicable City ordinances, regulations and mitigation measures,thereby promoting the best long terms interests of the Everett community. 95 061. 50 240 BK303 PG0398