Ordinance 3454-15 with Exhibits A- C

EVERETT COMPREHENSIVE PLAN The navy base is home the aircraft carrier USS Nimitz, along with other destroyers, frigates, military cargo ships and the U.S. Coast Guard. Everett is one of only five carrier ports in the nation. The health services and higher education fields are emerging as significant growth centers in Everett. Providence Health & Services, which has a large presence in north Everett, is the largest health care provider in Washington with hospitals, clinics, senior care centers, hospice and home health services in the Everett community. Everett is also home to the Everett Clinic, which is a growing healthcare option in our community. On the educational side, Everett Community College, Washington State University, Western Washington University and Trinity Lutheran College are expanding access to higher education. Unlike other jurisdictions, Everett's economy remained relatively stable during the recent recession and actually gained jobs from 2007-2011 due to hiring by Boeing. From 2004 to 2013, covered employment in Everett increased from 67,640 to 91,358. Covered employment is employment covered by unemployment insurance and is typically 85 — 90% of total employment. Total employment in Everett was estimated to be about 101,509 in 2013. Snohomish County's economy, while expanding and diversifying, is still dominated by the fortunes of the aerospace industry, and more specifically, the Boeing Company. The 787 Dreamliner is assembled at the Boeing plant in Southwest Everett. The next generation 777X Boeing aircraft will be assembled in Everett using the latest carbon fiber technology. The health services field in Everett has had significant growth with the expansion of Providence Regional Medical Center Everett along with medical clinics, which will continue to have strong growth. The establishment of Naval Station Everett in 1994 has had a significant positive impact on the economy of Everett and Snohomish County. Naval Station Everett is the County's second largest employer, and accounts for approximately 2% of the total employment in Snohomish County. Boeing is expected to continue as the largest industry in Everett through the planning horizon. Even with Boeing dominating the private sector in Snohomish County, we have an increasingly diverse and growing economy. It is important to continue to diversify Everett's economy and minimize impacts of recession. Along with the economic diversification and resulting growth, our road systems have become more congested, and other transportation demands are increasing, including that of air travel. More High Occupancy Vehicle (HOV) lanes are needed on I-5 to continue north to Marysville. The US 2 trestle is also a significant bottleneck for commuters traveling to jobs in Everett and points south and north. The Sound Transit Board of Directors, in December, 2014, determined that the light rail alignment north of Lynnwood will serve Southwest Everett and the Everett downtown. However, it is not clear at this time if light rail will be constructed within the 2035 timeframe of this plan. While Everett's current economic outlook appears to be healthy, there should be a continued focus on keeping and expanding existing core industries and attracting new businesses to the community. ECONOMIC DEVELOPMENT ELEMENT