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NOW, THEREFORE, it is hereby resolved by the City Council of the City of <br /> Everett: <br /> Section 1. It is declared to be in the best interest of the City to sell the real property <br /> described in Exhibit A (the Property). <br /> Section 2. The Mayor or his designee(s) are authorized to negotiate the terms of the sale <br /> of the Property. <br /> Section 3. Pursuant to Section 4 of Ordinance No. 2935-06, the Property shall not be <br /> sold for less than ninety(90) percent of the Property's appraised value. <br /> 111I <br /> COUNCIL MEMBER INTRODUCING RESOLUTION <br /> PASSED AND APPROVED THIS_78 DAY OF <br /> May , 2008 <br /> DREW NIELSE , <br /> COUNCIL PRESIDENT <br /> 2 <br />