1941/10/21 Council Minutes - Laserfiche WebLink

284 284 • OCTOBER 21st,1)41 cont. - -. 5. The City will maintain in good repair end working order ant and all municipal utilities and faeliities provided bit for the use and benefit of the Development and the tenants thereof;and will maintain in good repair streets,roads and alleyswhich are adjacent or leading to or which are within the bo es of.the Development. SC 000 6. Nothing in this Agreement shall be c ued toeonfer en), exemption upon the temente who.may occupy the Development from the pay- ment of taxes which maY be fully accessed against them. y. The City will distribute each such annual payment in lieu oP taxes to the taxing bodies in such proportion that each taxing body. M11 receive from the fatal payment by the Administrator hereunder • the same proportion as said taxing body's ad valorem tax rate bears to the total ad valorem tax rate which would be levied against the tonal taxation;onit;provided,however,pthaattthe city may and each such annual payment in lieuoftaxes to the taxing bodies in each eo lessor amounts as may be mutually agreed upon between the City and he respective taxing bodiesFor purposes of this Agreement,the term"taxing bodies"shall mean an the State of Washington end very political subdivision ortaxing unit thereof(including the City,:but excluding District No.24)which eball Lava autboritY to levy taxes, certify taxes to a taxing body or public officer,to be levied for its use and benefit,eM in which the Development is situated. 8. This Agreement shallontinuetin full for is d effectthe . respect to the Development so long declared as Government and lo long as the gency by the President on September 8,1939,to exist,continues;provided,however,that e0 1050 as title to the Development is held by the Government after said emr- affechas terminated this Agreement.all continue in full fote endd effect until sixty days after either party hes given to the other her written notice that the.Agreement shell terminate at the end of said sixty days. any part or parts of the 9. Upon the sale by the Government et e Development,the part or parte to sold shill,from the date of sale, n0 longer be considered part of the Development, Upon the termination of this Agreement as to the whole of the Development,the Government 111 pay such portion of the annual payment culled for by aregeph 1 hereof a the lapsed portion of the twelve-month period bears to twelve months. 10.No member of or Delegate to the COmgrese of the United States of America shall participate in the ILnds made available under this Agreement. usetAeme05 the City eWecLho dGonmanle have t receo her, 1941. ER 00,00,a Nunicipal corporation SEAL BY 3.F.SPENCER Na;gr Attest: N.ANENDS City Clerk UNITED STATES OF ANESICA Attest: Federal works Administrator Section 3. That the Mayor and City Clerk the City of Everett re hereby authorized to execute tract substantially in the form set Porth in Section 2 hereof on behalf of the City. Seotlon 4. This resolution shall take effect immediately. Carried. 0