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3 , -- <br /> ORDINANCE NO. <br /> An Ordinance Amending Section 3(D) of Chapter 5 of Ordinance No.2530-01 <br /> (EMC 15.20.110), Extending the Effective Period for Land Use Permits Issued <br /> under Review Processes II and III. <br /> WHEREAS,the City adopted Ordinance No. 2530-01 to establish Local Project Review <br /> Procedures and implement certain requirements of State law contained in RCW 36.70B; <br /> and <br /> WHEREAS, Section 3(D)of Chapter 5 of said Ordinance No. 2530-01 (EMC 15.20.110) <br /> established an eighteen month effective period for approval of land use permits issued by <br /> the City using Review Process II and Review Process III;and <br /> WHEREAS,EMC 15.20.110.B provides for an extension of an additional six months by <br /> the Planning Director; and <br /> WHEREAS,the City of Everett has approved a number of land use permits under <br /> Review Processes II and III that have been unable to obtain building permits due to <br /> unfavorable economic conditions; and <br /> WHEREAS,the City Council finds that the unfavorable economic conditions may result <br /> in development projects that meet City codes losing their vesting rights unless additional <br /> time can be allowed to secure project financing and building permits; and <br /> WHEREAS,the City Council finds that allowing additional time for approved projects to <br /> secure project financing and building permits is both necessary and beneficial to the City. <br /> NOW,THEREFORE, THE CITY DOES ORDAIN THE FOLLOWING: <br /> Section 1. Applicability. The time limits established in this Ordinance the time limits <br /> apply to: <br /> A. All pending or previously issued Review Process II or III land use permits that have <br /> not already expired that meet the provisions stated in Section 2 of this Ordinance; and <br /> B. All complete applications submitted between the effective date of this ordinance and <br /> December 31, 2014. <br /> Section 2. Section 3(D)of Chapter 5 of said Ordinance No. 2530-01 (EMC 15.20.110), <br /> which reads as follows: <br /> Time limit for Review Process II and III permits. <br /> 1 <br /> 6 <br />