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4 <br /> Section 2 : Tom, t t .e City Clerk of the City of <br /> Everett be , end he is hereby authorized end directed to file <br /> said 1E t , after the Lroper execution ts,.ereof , ,ith the J,uditor <br /> of .Snohori sh County, s hington. <br /> ;Section 3 : That said real estate s:io' m. on said <br /> plat be ,sold in accordance with said p1s.t in such ua nrJer and <br /> under such terns end conditions as the City Council o: the <br /> City of Everett shall by resolution frrri ti-_:e to tire determine . <br /> Section 4: That the net -proceeds of the sale of <br /> a.11 of said real estate be placed in a sinking fund and used only <br /> for the purpose of paying or redeeming Special Revenue 'fa ter <br /> Ponds now outstanding e- ; einst the Everett rater System. <br /> Section 5 : The t it is re cessary and desirable that <br /> the above described reel estate -L)e platted it iedietely, and. it is <br /> necessary and desirable t-r t said real estate be sold innedie.tely <br /> for the reason that there is a. greet ue:uland for the purc.iase of <br /> said real estate at tie ?resent tine , and that by reason thereof <br /> En emergency is declared to exist and. this ordinance shell teek <br /> effect upon its passage end ,publication. <br /> "---77 <br /> __ :,,test : <br /> City Cler': <br /> Pa ssed : _ z y - ! q. '-1 <br /> ublished: 2_,4 i at 4 ► <br />