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NOW,THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the following described rights-of-way: <br /> All that portion of TERRACE DRIVE, within the Plat of Terrace Addition, according to the <br /> plat thereof recorded in Volume 8 of Plats, page 60, records of Snohomish County, <br /> Washington, located North of the North right of way line of 42nd Street and South of the <br /> following described South right of way line of 41st Street: <br /> Commencing at the Northwest corner of Block 11 of said plat of Terrace Addition; thence, <br /> South 0°00'00" Easta distance of 55.10 feet along the West line of said Block 11 to the <br /> Point of Beginning; thence, North 85°08'40" West to the Southeast corner of the North <br /> 15.00 feet of Lot 31, Block 10 of said plat of Terrace Addition; and the terminus of this line, <br /> be and the same is hereby vacated pursuant to the conditions set forth in this ordinance. <br /> Section 2: <br /> That the City of Everett shall not be responsible nor liable for storm drainage runoff resulting <br /> from existing drainage patterns as established on City rights-of-way that may currently, or in the <br /> future, go over, under or across the above described rights of way herein. <br /> Section 3: <br /> That the owners of the property abutting upon the right of way described in Section 1 shall pay <br /> for an independent appraisal and compensate the City of Everett in an amount equal to one half <br /> of the current appraised value of the area described in Section 1. Said payment shall be made no <br /> later than thirty (30) days following receipt and acceptance of the appraisal by the City's Real <br /> Property Division <br /> Section 4: <br /> That the City of Everett hereby retains an easement to construct, reconstruct, operate, maintain, <br /> repair, and replace all utilities under, over, and across vacated Terrace Drive, as legally described <br /> within Section 1 of this ordinance. <br /> The City of Everett further retains the right to grant to public and private utilities the right to <br /> construct, reconstruct, operate, maintain, repair, and replace existing or proposed utility lines <br /> including, but not limited to, cable, telephone, gas, and electrical under, over, and across the <br /> easement. <br /> The City further retains the right of access across adjoining properties for the purposes set forth <br /> herein. <br /> \\evsvcfap001\Eng\LMayberr\WORD\VACATION\ORD\TERRACE ORD REV.doc <br /> 2 <br />