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Resolution 341PLANNING COMMISSION RESOLUTION NO. 341 A RESOLUTION TO THE CITY COUNCIL OF EDMONDS RECOMMENDING THE DENIAL OF A PROPOSED AMENDMENT TO THE COMPREHENSIVE LAND USE PLAN TO REMOVE THE "PARK" DESIGNATION FROM THE VALLEY AREA BETWEEN YOST AND PINE.RIDGE PARKS SITES, AS SET.FORTH IN PLAN- NING COMMISSION FILE NO. CP-3-70. WHEREAS, the.Planning Commission of the.City of Edmonds, pursuant to proper notice and publication, held a public hearing to amend the Comprehensive Land Use Plan of said City to remove the."Park" designation from the valley area between Yost and Pine Ridge parks, described in Planning Commission File No. CP-3-70; and, WHEREAS, having made the findings set forth in Exhibit "A" attached hereto; the Planning Commission determined that such amendment should not be made; now, therefore, BE IT RESOLVED by the.Planning Commission of said City that recommendation be and the.same hereby is made to said City Council that the proposed amendment to the Comprehensive Land Use Plan be denied. DATED as of the 16th day of September, 1970. Chairman, Edmonds Planning Commission Edmonds City Planner File No.: CP-3-70 Initial request by: City Council Recommendation: Denial Date of Hearing: September 16, 1970 P. C. Resolution No. 341 EXHIBIT "A" This valley area with its steep wooded slopes is an area of unusual beauty located'in the.heart of Edmonds. Many residents living in homes along the crest of the slopes have built their homes to maximize their enjoy- ment of thevalley scenery. The valley comprises a visual amenity similar to that of Puget Sound except on a much smaller scale. The.Park Advisory Board in the Spring of this year recommended that this valley area be ihe.next purchase of park land by.the City. This valley could in the future provide a unique recreation experience for walkers, bicyclists and horseback riders. The.value of residential properties surrounding a developed park are generally higher than the.value of properties a half block away. In fact, some studies have shown that the increased tax revenue from the.properties surrounding a specific park have over the years exceeded the. cost of the park. In the light of these facts, -the removal of the."Park" designation would be unwise.