Ordinance 2021-94 - Laserfiche WebLink

EVERETT COMPREHENSIVE PLAN I GLOSSARY Exurban Area: A region, generally beyond the development of financial policies and financing suburbs of a city. schedule, the establishment of forecasted cash flow. 401 and priorities to govern management of the system. Fair Share Housing: The concept that affordable and special needs housing should be proportionately Firm Energy: Electric energy which is considered distributed within a metropolitan area, rather than assurable to the customers to meet all agreed upon concentrated in the central city. The reasons for this portions of the customer's load requirements over a are both an equitable distribution of the costs to defined period. governments and the social integration of various groups. Fixed-Route Service: Transportation service operated over a set route or network of routes, generally on a Family: Any number of persons related by blood, regular schedule. marriage or legal adoption and including foster children and exchange students living together as a Flex-time: A work hour schedule implemented by single housekeeping unit. Family also means the employers that allows employees flexibility in begin- following when living together as a single, not-for- ning and ending their work day. profit housekeeping unit: (1) A group of not more than four related and unrelated adults and their related Floodplains: Low-lying lands adjacent to stream minor children, but not to exceed a total of eight banks onto which excess water flows during periods of related and unrelated persons; or (2) Not more than prolonged and intense precipitation. Floodplains are eight disabled persons, whether adults or minors, usually defined geographically on the basis of that area 111 living together in a consensual residential living flooded by the most intense storm occurring during a arrangement, but not to exceed a total of eight. For certain period of years. Although floodwaters usually the purpose of this definition, an adult is a person drain rapidly after precipitation has ceased, when eighteen years of age or older, and a minor child is a floodwaters flow into wetland areas, they may be person under the age of eighteen years old. impounded for some time, due to the poor drainage characteristics of the wetlands. FAR: See Floor Area Ratio. 411 Floodway: The main year-round stream channel. Fee Simple Lots: Individually owned lots which fully This channel is the area inundated by relatively fast contain the living structure and accessory structures moving waters during annual flooding or during 111 such as garages. periods of intense storm runoff Finance Element: The Finance Element of the Floodway Fringe: The area immediately outside the Transportation Plan assures the recommended floodway which is subject to periodic inundation and is improvements are financially feasible to implement. It usually contiguous to higher ground. includes an analysis of funding capability,and a multi- year financing plan. If probable funding falls short of Floor Area Ratio (FAR): A measure of development meeting identified needs, a discussion of additional intensity. It is gross building area (square footage of funding will be raised. Land use assumptions will be the total floor area) divided by net on-site land area reassessed to ensure that level of service standards will (square feet) In planning and zoning, it is often be met. expressed as a decimal; for instance , 0.50 indicates I/ that the floor area of a building equals 50%of the total Financial Capacity: Financial capacity is the ability on-site land area. FAR is also indicated as a ratio of a jurisdiction to generate taxes and other revenues which expresses the relationship between the amount from its tax and revenue base. The base consists of of gross floor area permitted in a structure and the area economic activities that constitute the real or potential of the lot on which the structure is located. objects of taxation or charges. I Financing: A series of actions to be taken which will result in a system of projects and services being provided based on the identification of needs, cost Ill estimates, assessment of the ability to pay, the I G-8 II