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The City determined that it must acquire certain property and/or property rights for the <br />Project. <br />Parcel Two <br />J. For this Project, the City determined that the acquisition of certain rights and interests <br />from the real property identified as portions of Snohomish County Tax Parcel No. <br />00433600006600, and legally described and depicted Exhibits 1A and 1B, attached hereto <br />and incorporated by reference ("Parcel Two"), are necessary to accomplish and construct <br />the Project, and those rights and interests are hereinafter referred to as the "Parcel Two <br />Real Property Take." <br />K. Using an independent appraiser, the City appraised the fair market value of the Parcel <br />Two Real Property Take. The City has and will negotiate in good faith with the owner(s) <br />of the Parcel Two for the voluntary acquisition of the Parcel Two Real Property Take. The <br />City has to date been unable to reach a negotiated voluntary resolution with the owner(s) <br />of Parcel Two. <br />Parcel Four <br />L. For this Project, the City determined that the acquisition of certain rights and interests <br />from the real property identified as portions of Snohomish County Tax Parcel No. <br />29043400302600, and legally described and depicted in Exhibit 2A and 2B, attached <br />hereto and incorporated by reference ("Parcel Four"), are necessary to accomplish and <br />construct the Project, and those rights and interests are hereinafter referred to as the <br />"Parcel Four Real Property Take." <br />M. The City valued the fair market value of the Parcel Four Real Property Take. The City has <br />and will negotiate in good faith with the owner(s) of the Parcel Four for the voluntary <br />acquisition of the Parcel Four Real Property Take. The City has to date been unable to <br />reach a negotiated voluntary resolution with the owner(s) of Parcel Four. <br />Parcel Five <br />N. For this Project, the City determined that the acquisition of certain rights and interests <br />from the real property identified as portions of Snohomish County Tax Parcel No. <br />00433600006501, and legally described and depicted in Exhibits 3A and 3B, attached <br />hereto and incorporated by reference ("Parcel Five"), are necessary to accomplish and <br />construct the Project, and those rights and interests are hereinafter referred to as the <br />"Parcel Five Real Property Take." <br />O. The City valued the fair market value of the Parcel Five Real Property Take. The City has <br />and will negotiate in good faith with the owner(s) of the Parcel Five for the voluntary <br />acquisition of the Parcel Five Real Property Take. The City has to date been unable to <br />reach a negotiated voluntary resolution with the owner(s) of Parcel Five. <br />Other Matters <br />iz EDGEWATER BRIDGE EMINENT DOMAIN ORDINANCE Page 2 of 5 <br />