Ordinance 2811 - Laserfiche WebLink

Seattle, Washington Aril 3, , 1939 City Council of the City of Everett Everett, Washington Gentlemen: North Coast Transportation Company hereby surrenders to the City of Everett all rights and privileges now held by said company under any and every franchise heretofore granted by the city of Everett, or by the County Commissioners of Snohomish County, to maintain street railway tracks and to operate street cars there— over and to maintain and operate an electric interurban railway upon and along any of the streets, avenues or other public places within said cit., and also surrenders to the city of Everett all street and interurban railway tracks now owned by said company which are located in any of the streets' avenues or other public places of said city, including all of the ties, rails and track accessories. Without limiting the generality of the foregoing, the follow— ing franchises are specifically referred to: Franchise granted to Edward P. Burch by Ordinance No. 252 of the City of Everett, passed on December 3, 1900, as amended by Ordinance No. 2037 passed on August 15, 1922; Franchise granted to Pacific Northwest Traction Company by Ordinance No. 2036, passed on August 15, 1922. North Coast Transportation Company further offers to pay the sum of $16,963.49 for a full release from all obligations of every kind, except as below stated, arising out of or under said franchises or any of em, and in particular for a full release from the obliga— tion to remove said tracks upon abandonment of street railway and interurban operations and to repave the streets after such track removal, such release to extend to and be for the benefit of Puget Sound Power & Light Company, as well as North Coast Transportation Company, and also all of the predecessors in interest and succes— sors and assigns of each thereof including Everett Bus System, Inc., as the present holder of the franchise granted by Ordinnce No. 2037. It is understood that all rights granted by said Ordinance No. 2037, heretofore transferred to Everett Bus System, Inc., shall remain unaffected by this surrender or by said release, except that upon payment of said sum by North Coast Transportation Company the holder of said franchise, its successors and assigns, shall likewise be deemed fully released, as above stated, from the obligation to remove tracks upon abandonment of street railway operations and to repave the streets after such track removal. Yours respectfully, NORTH COAST TRANSPORTATION COMPANY Vice—President — ti —