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HomeMy WebLinkAboutO-2907 - Amends Sec. 22D.030.070, temporary enhanced discount (22D.030)CITY OF MARYSVILLE Marysville, Washington ORDINANCE No.:;9 7 AN ORDINANCE OF THE CITY OF MARYSVILLE, WASHINGTON AMENDING MMC 22D.030.070 BY ADDING A NEW SUBSECTION (4) RELATED TO ADOPTION OF A TEMPORARY ENHANCED DISCOUNT TO TRAFFIC MITIGATION FEES FOR NEW CONSTRUCTION OF INDUSTRIAL AND COMMERCIAL DEVELOPMENT, WHEREAS, the City Council of the City of Marysville desires to be able to more favorably compete with other cities in the region for businesses that are looking to locate in the area; and WHEREAS, the impact of an economic recession on development on new industrial and commercIal buildings in Snohomish County has been substantial and a temporary twenty-two percent (22%) reduction of traffic mitigation fees through July 23, 2015 will encourage economic development by reducing the overall cost of development. WHEREAS, the current economic conditions warrant greater incenuves for businesses to invest in Marysville; WHEREAS, the City submitted the 2008 City of Marysville Transportation Element to the Washington State Department of Commerce as required by RCW 36.70A.1 06; and WHEREAS, following public notice and comment, the City issued Addendum No. 15 to the Final Environmental Impact Statement for the City of Marysville Comprehensive Plan, on August 20, 2008, which Addendum No. 15 addresses the environmental impacts of the proposed 2008 City of Marysville Transportation Element; and WHEREAS, after providing notice to the public as required by law, on September 13, 2011 and April 24, 2012 the Marysville Planning Commission held public hearings on proposed changes to the City's impact fees and mitigation and received public input and comment on said proposed revisions; and WHEREAS, at a public meeting on July 9, 2012, the Marysville City Council reviewed and considered the proposed amendment adding a new subsection (4) to MMC 22D.030.070 proposed by the Marysville Planning Commission; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. MMC 22D.030.070 is hereby amended by adding a new Subsection (4) which shall read as follows: 22D.030.070 Temporary Enhanced Discount. (4) For a period of three (3) years from the effective date of this ordinance, the discount referenced in step 6 of Table 1 above (and which is based on data contained in Appendix A: Traffic Impact Fee Methodology of the City's Transportation Element) shall be adjusted from 7% to 22%. From and after three years of the effective date of this amending ordinance the subject discount shall automatically revert to 7% without further action of the Marysville City Council. ORDINANCE - 1 W/M-12-00 I/Ord.Temp.Enhanced. Discount. RED Section 2. Severability. If any section, subsection, sentence, clause, phrase or work of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality thereof shall not affect the validity or constitutionality of any other section, subsection, sentence, clause, phrase or word of this ordinance. #-. PASSED by the City Council and APPROVED by the Mayor this q day of J ~ \v:J ,2012. CITY OF MARYSVILLE By: Attest: j) By U~ oexw I~CITY CLERK -r>,,-~u. ~\ Appwveo., to fotm' __ ~ By: ~~c,f.~ GRANT K. WEED, CITY ATTORNEY Date of Publication: --~--""'--~::....::o..J.\..><jT---'--''''''''''''''--- Effective Date: "]"-..{ Lj '2"\ Zu L (5 days after publication) ORDINANCE - 2 W1M -\2-00 lIOrd.Temp.Enhanced.Discount.RED