Resolution 3906 - Laserfiche WebLink

4h S a °._ eayszE T RESOLUTION NO. 3906 RESOLUTION OF INTENT TO REZONE AND PERFORMANCE AGREEMENT SCHNITZER INVESTMENT CORP. NARBECK/MERRILL AND RING CREEK APARTMENTS, LOCATED ON MERRILL CREEK PARKWAY BETWEEN NARBECK AND MERRILL AND RING CREEKS WHEREAS, Schnitzer Investment Corporation filed an application to rezone property generally located on the north side of Merrill Creek Parkway, between Narbeck and Merrill and Ring Creeks, from M-1, Office and Industrial. Park, to R-3 with a Planned Residential Development Overlay (R-3 PRD), for the purpose of constructing 185 multiple family dwellings; and WHEREAS, the Planning Commission, after holding two public hearings, did adopt certain Findings, Conclusions, and Conditions, and did recommend to the Everett City Council that the proposed rezone 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 Mitigated Determination of Non-Significance dated August 10, 1993; and WHEREAS, the City of Everett finds that by approving a specific number of units and specific unit types, and 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 City. NOW, THEREFORE, BE IT RESOLVED that the Everett City Council of the City of Everett declares its intent to rezone property located on the north side of Merrill Creek Parkway, between Narbeck and Merrill and Ring Creeks, as described in the attached legal description, from M-1, Office and Industrial Park, to R-3 with a Planned Residential Development Overlay (R-3 PRD), for the purpose of constructing 185 multiple family dwellings, pursuant to the provisions of Section 41.160 of Ordinance 1671-89, as amended, and the conditions of this Resolution of Intent. Council shall, by ordinance, effect such rezone upon being advised that all of the following conditions and requirements contained in this Resolution have been met: 1. Approved Site Plan - The subject property shall be used only for multiple family development per the approved site plan and the requirements of the Mitigated Determination of Non-Significance #16-93. Minor revisions to the site plan which 1