Builders Investment Group LLC 6/26/2017

CITY DEVELOPMENT AGREEMENT THIS AGREEMENT is entered into this day of dU ll - 2017, by and between Builders Investment Group LLC and 19th Ave Professional Center LLC (hereinafter, "the owners"), and the City of Everett, a municipal corporation under the laws of the State of Washington(hereinafter"the City"). RECITALS A. The owners own two contiguous parcels of land containing approximately 1.9 acres of real property, at 12704 and 12728 19th Avenue SE, (hereafter"the property"),the map of which is contained in Exhibit 1, and the legal description of which is contained in Exhibit 2. Any conflict between the legal description and map shall be resolved by referring to the map; B. This Agreement sets conditions of use and development standards to be applied to the property; C. This Agreement replaces and supersedes the conditions listed in City of Everett Resolution 5076. D. This Agreement is entered into pursuant to RCW 36.70B.170, 180, and 190. PART ONE—PROPERTY USE AND DEVELOPMENT STANDARDS 1.1 The property is zoned C-1 (General Commercial) and is restricted to office and clinic uses only. No other uses associated with the C-1 zone shall be permitted. 1.2 Placement of buildings shall be setback 10 feet from the property line on 19th Avenue SE. 1.3 The building facade facing 19th Avenue SE on parcel 280530-004-001-00 shall be at least 60 percent transparent glass windows and/or doors, and shall have a prominent entry with a"coved" entrance that is connected to the sidewalk on 19th Avenue SE. 1.4 The building facade facing 19th Avenue SE on parcel 280530-004-002-00 shall be finished with high quality materials, including transparent glass windows and/or doors, and shall be of compatible architectural treatment to the building on parcel 280530-004- 001-00, as determined by the Planning Director. 1.5 All lighting shall be directed or shielded so that they do not shine directly on abutting residential properties. COMP 16-001/REZ 16-001 Development Agreement Page 1 of 7