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HomeMy WebLinkAboutO-2725 - Repeals Sec. 3 of Ord. 960, development agreement termination (Special)CITY OF MARYSVILLE Marysville,Washington ORDINANCENO.J..l» AN ORDINANCE OF THE CITY OF MARYSVILLE, WASHINGTON,AMENDING ORDINANCE 960 BY TERMINATING THE DEVELOPMENT AGREEMENT UPON WHICH THE REZONING OF CERTAIN PROPERTY HAD BEEN. CONDITIONED. VVHEREAS,fue property described in the attached Exhibit A,hereinafter referred to as the "Property",was rezoned to high density multiple family residential by adoption of Ordinance No.960 on October 10,1977,subject to the terms and conditions of a Development Agreement between the City and the owner of the Property,which Development Agreement is attached hereto as Exhibit B and is hereinafter referred to as the "Development Agreement";and WHEREAS,on May 10,1999,the City adopted Ordinance 2258,which was an area wide rezone of the area surrounding the Property to high density multiple family residential;and WHEREAS,the owner of the Property has proposed that the Development Agreement is no longer necessary or appropriate,as the area surrounding the Property now has the same zoning designation;and WHEREAS,the City agrees that the terms and conditions of the Development Agreement are no longer necessary or appropriate,because the surrounding area has the same high density multiple family residential zoning designation and because the regulations governing said zoning designation are set forth in the City'S zoning code and provide the appropriate zoning controls for the Property; WHEREAS,pursuant of RCW 36.70B.200,a public hearing has been held before the City Council,and the City Council finds that it is in the public'interest and consistent with the Comprehensive Plan and Growth Management Act for the ORDINANCE - 1 /wpf/mv/ord.am.ord960 Development Agreement to be terminated; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1.Ordinance 960 is hereby amended by repealing Section 3 of said ordinance, and the Mayor is hereby authorized to execute the Termination ofDevelopment Agreement, which is attached hereto as Attachment A. PASSED by the City Council and APPROVED by the Mayor this Irfl'day of~QIt.., 2007. CITY OF MARYSVILLE By~;(J!~ DENNIS KENDALL,Mayor ATTEST: Approved as to form: ByQt-c4"K.(;.J..e&. GRANT K. WEED, City Attorney Date ofPublication:tZ IJ?1()'] / Effective Date (5 days after publication): .ORDINANCE - 2 Iwpflmv/ord.am.ord960 (2Jn {OlI