In order to be approved, all development that is subject to this chapter shall be required to meet concurrency. No development shall be approved that causes the average level of service on any roadway, on any critical roadway segment, or at any intersection during the p.m. peak hour to decline below the standards adopted in the transportation element of the Mukilteo comprehensive plan. Where existing conditions already fail to meet that standard, no development shall be approved that causes the level of service during the p.m. peak hour to decline further below the adopted standard, i.e., no development shall be approved that causes the average delay per vehicle at signalized or unsignalized intersections to increase in any amount, or the average travel speed to decrease in any amount for roadway segments, whether or not that increase or decrease causes a decline to a lower alphabetical category.