Ordinance 3478-16 - Laserfiche WebLink

Ordinance No. 3478-16 An Ordinance terminating the Amended Development Agreement with Rockefeller Avenue LLC for property on the east side of Rockefeller Avenue between 26th Street and Everett Avenue, amending Section 1-5 of Ordinance No. 2847-05. WHEREAS, the City Council finds the following: 1. Ordinance No. 2847-05 rezoned property located on the east side of Rockefeller Avenue between 26th Street and Everett Avenue from R-4 (Multiple Family High Density)to R-5 (Core Residential) with a development agreement between the City and Rockefeller Avenue LLC (RAL) allowing for the development of a building with 40 multiple-family dwelling units, subject to a number of conditions related to the design of the proposed structure in order to promote greater compatibility with the surrounding neighborhood; 2. The original development agreement was amended by the City Council with a revised building plan in 2006; 3. The property has not developed since the original rezone action and execution of the development agreement and the subsequent amended development agreement; 4. In 2008, the City Council adopted Ordinance No. 3072-08 establishing the Core Area Residential Standards for housing within the area surrounding downtown Everett, including the block in which the subject property is located; 5. The Core Area Residential Standards address site and building design standards for the entire area that better address design compatibility with the surrounding development than previous design regulations; 6. RAL has acquired additional contiguous property to include in a residential redevelopment proposal; 7. RAL wishes to change the design of the structure to a different configuration than required by the amended development agreement; 8. RAL wishes to design a building that meets the requirements of the 2008 Core Residential Area Standards and to void the Development Agreement; And; WHEREAS, the City Council concludes: 1. The building plan in the amended development agreement does not conform with the larger amount of land RAL has assembled in the subject block; 2. The Core Area Residential Standards have improved the quality of the City's design- related land use regulations in the subject area; 1