3.78.050 Residential targeted area designation criteria.
Following notice and public hearing, or a continuance thereof, as prescribed in RCW 84.14.040, the city council may, in its sole discretion, designate all of or a portion of the residential targeted area described in the notice of hearing as the residential targeted area. The designated targeted area must meet the following criteria, as found by city council in its sole discretion:
A. The targeted area is located within the urban center as determined by the city council.
B. The targeted area lacks sufficient available, attractive, convenient, desirable, and livable residential housing to meet the needs of the public who would be likely to live in the urban center, if such places to live were available.
C. The providing of additional housing opportunity in the targeted area will assist in achieving the stated purposes of RCW 84.14.007, namely:
1. Encourage increased residential opportunities within the targeted area of the city of Everett; or
2. Stimulate the construction of new multifamily housing and the rehabilitation of existing vacant and underutilized buildings for multifamily housing that will increase and improve residential opportunities within the city’s urban centers.
D. In designating the residential targeted area, the city council may also consider other factors, including, but not limited to, which additional housing in the targeted area will attract and maintain a significant increase in the number of permanent residents, whether providing additional housing opportunities for low- and moderate-income households would meet the needs of citizens likely to live in the area if affordable housing were available, whether additional housing in the targeted area will help revitalize the targeted area, whether an increased residential population in the targeted areas supports significant public investment in public transit or a better jobs and housing balance and whether an increased residential population in the targeted area will help to achieve the planning goals mandated by the Growth Management Act under RCW 36.70A.020.
E. The notice for the hearing has met the requirements of RCW 84.14.040.
F. At any time the city council may, by ordinance, amend or rescind the designation of a residential targeted area pursuant to the same procedural requirements as set forth in this chapter for original designation. (Ord. 3954-23 § 1 (Exh. 1), 2023; Ord. 3635-18 § 2, 2018. Formerly 3.78.030.)