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445 <br /> December 14,1983 <br /> Councilman Michelson was excused at this time. <br /> RESOLUTION-LA.STREET VACATION <br /> c aolutioles s,fof the Engineeh the ring D ted t <br /> of compensation to pptaidvfor <br /> the vacationLake Street btween Fleming b Way <br /> as dwas irrectedbyfC nil. The appraisal o this properwhich <br /> for utilities,ties,ha-done to ssnowrbeen completedaluone-halfeoffthis a easements <br /> value is 828,700., appraised <br /> CounGilman Aldcro£t asked about the Setter of protest <br /> received vedfrom d who 8the ownee£t zukiMo Motorcycle <br /> business <br /> clebusiness ayCattle, <br /> Jo City Attorney,replied the leterquestionedp procedural rather than protestingthe letter <br /> Moved by C nc0108o Aldcroft Seconded by Councilman tephanson, <br /> to adopt Resolution Wo.2359 ae follows: <br /> A RESOLUTION <br /> e amount of <br /> compensation tobnpaid rfor th ythe vacationof <br /> Lake Evergreen Way. <br /> between Fleming Road and <br /> WHEREAS,onand nlJanuary 2,1974 the Everett City Council passed <br /> O vacating t portionofcake Street lying ea <br /> by Aof Fleming <br /> minA.wexler and eet of EvergreenWayin consideration of agreement <br /> St <br /> ed <br /> an valent forty 1401 foot Wright-of-wayhis le exchange <br /> City <br /> JanuarStreet;and1984,f establishment of a street in lieu of Lake <br /> eWHEREAS,on October 19,1983,the Everett <br /> City Council passed <br /> solution No.2344.declining the exchange of property as compensation <br /> eeanexceed <br /> xceed one-half iaof tthe incurrent appraimed v <br /> kal <br /> ue ofLaeeetL.repevfhepcpitsof no roatefLaaWHERE <br /> the initial appraisal indicated a value of$51,300; <br /> how rrof the appraisal indicates that <br /> e pas madend that the correct value ovacated LaS actually <br /> 557,400. The appaiser cocfis iniCcorrected figure through theletter red"Exhibit A"which is attached hereto anincorporated <br /> herein by reference;and <br /> WHEREAS,on December 26,1979,the Evert City Council passed <br /> Resolution No.1724 which established paymenttt the Cof <br /> forstreetCation in he am one-half theappraised value Everett' <br /> of the area <br /> vacations with certain exceptions resulting i <br /> vacate y to the yCity f Everett equal t greater an the harea of <br /> a;and <br /> does WHEtRASl wieNveant oCNeC e pifs tthtatvn Aaeuabo icaecttiovn arvcoat.io1n7 <br /> 24; <br /> WHEREAS,also on December 26,1979,City Council passed Ord,vsnoz <br /> 652-79 which <br /> ile provided y <br /> i part that mondeemedfrom the sale of <br /> cgumeetiont r PwdyN ation,be deposited into the Rd a Property <br /> III <br />