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6 <br /> FINDING: R.C.W. 35.79.030, in part, allows the City the right to retain an easement, or <br /> to exercise and grant easements in respect to the vacated land for the <br /> construction, repair, and maintenance of public utilities and services. There <br /> are existing utilities that will be relocated as a part of the redevelopment of the <br /> site. <br /> CONCLUSION: An easement for existing utilities will be retained until the existing utilities <br /> have been relocated and new easements provided as a part of the <br /> redevelopment of the site after which the retained easement will be <br /> terminated. <br /> FINDING: R.C.W. 35.79.030, in part, also allows the City to be compensated up to the <br /> full current appraised value for vacated right-of-way if the right-of-way has <br /> been dedicated for at least twenty-five years. Resolution 3147, as amended <br /> by Resolution 5083, mandates that compensation of the full current appraised <br /> value can be paid, or land of equal value and suitable alignment be <br /> exchanged, in accordance with R.C.W. 35.79.030 for applications received <br /> after August 1, 2001. <br /> CONCLUSION: The application and fee was received after August 1, 2001. Compensation <br /> based upon the full appraised value for the right of way being vacated is <br /> required. Compensation may be a provided in the form of monetary payment <br /> and/or property exchange that is equivalent in value to the vacated area. <br /> RECOMMENDATION: <br /> It is recommended that City Council approve the vacation requested and direct staff to draft an <br /> ordinance providing for said vacation subject to the following: <br /> 1) Payment for an independent appraisal. <br /> 2) Compensation equivalent to the full appraised value of the vacated area. <br /> 3) A new east/west alley right of way be provided. <br /> 4) Reservation of easement for utility purposes until all utilities have been relocated. <br /> No negative comments or opposition has been received to date. <br />