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• <br /> • <br /> • <br /> August 2,Inn 305 <br /> epick nnedyof Seattle Northwest said he wanted to ma BretF state- <br /> ment � <br /> anks did not <br /> the capicity to act <br /> s escrow agents for <br /> Walter Locktg, <br /> President of Olympic BaNc <br /> old the Council that their <br /> bank could <br /> to handle <br /> also said they erethe <br /> eaescrow <br /> pable oaconsidered. Bill greement <br /> for heebonding <br /> glocalbod issues and <br /> auman of <br /> First National Bank <br /> consideration. t g agentsand requested <br /> fl <br /> Councilman Aldcroft askedd if the action on the c with Seattle <br /> Northwest hanks could b t itigation could a <br /> the be lowed o participate. and of so c 11 of <br /> Brad <br /> tsaid n ea that oBgedw t with N ln ctea <br /> ankie escrow $ has a contract with Peoples <br /> Bankthen the City is contracted also. <br /> dy <br /> and a change in the escrow agent could be <br /> the sale Kenneof t elbonds.if the Council se desired.ied that there was no contract with Peoples Bank perse <br /> plfished without affecting <br /> to Concilman Overstreet escrow suggested gents, that Seattle Northwest should reconsider <br /> President Gipson a that tax to <br /> proposedthe escrow asked <br /> n thaatni o otherbanksdiscuss <br /> Cityarecapabletoa s esti agents,known that the <br /> AMENDED AGREEMENT LAKE STREET VACATION(CR 787-25B) <br /> Charles <br /> Nolecama <br /> for Al's Aupresenta- <br /> tion <br /> made <br /> tthe lameeting agreement for a re- <br /> vised esemenehzoghhspp y <br /> He <br /> esaid since <br /> the l meetding opening of ing public m n held o July • <br /> 31,and Fleming a. had been h street between Evergreen Ne <br /> office theirwhich h presented to the Council pregarding a public access. <br /> He said tohad hphva dof the McMurray <br /> north <br /> o£their property and yadooffered to purchase tom <br /> Mr.McMurray so they could comply with the• gm <br /> These appraisals <br /> $40,125 as commercial <br /> property. <br /> Try tagreater amount for <br /> Councilman Michelson said t Ree a ii orgor • <br /> - <br /> ate all of the language f the farmer agreement and he felt this was an <br /> Jim er£er,a they would be hapPY <br /> put this <br /> me w cont ended agreementif <br /> 'I <br /> the tou ncilmannrAaskedmthe'.City Attorney t <br /> Prepare a r thewording pre- <br /> vioval. tract and come ac to Council next week for Council - <br />