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The planning commission will monitor the Comprehensive Plan and development regulations that implement the plan and assess the need for the plan and regulatory amendments at least every five years or as required by the Growth Management Act. The commission will prepare and recommend amendments as needed for adoption. This assessment shall consider, but is not limited to, whether:

(1) Growth and development as envisioned in the plan is occurring at a faster, or slower rate than projected;

(2) The capacity to provide adequate services is diminished or increased;

(3) The land availability to meet demand is reduced;

(4) Population or employment growth is significantly different than the plan’s assumptions;

(5) Plan objectives are not being met as specified, and/or the assumptions upon which the plan is based are found to be invalid;

(6) The effect of the plan on land values/housing is contrary to plan goals;

(7) Transportation and/or other capital improvements are not being completed as expected;

(8) A sufficient change or lack of change in circumstances dictates the need for such consideration;

(9) A question of consistency exists between the Comprehensive Plan and its elements and Chapter 36.70A RCW, the County-wide Planning Policies for Snohomish County, VISION 2020: Growth and Transportation Strategy for the Central Puget Sound Region (Multi-County Planning Policies), or development regulations. (Ord. 1110 § 3, 2002; Ord. 1025, 1998).