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/ <br />POWER OF ATTORNEY <br />WHEREAS, Kumars Mashgin, Vaghar Vahdat, Khosrow Meshgin and <br />Khosrow Azordegan, each a Married man, as his aeparate property, <br />("owners") are the owners and develapers of certain real property <br />situated in the City of Everett, Snohomish County, Washington, <br />leqally described in Exhibit A attached hereto and incorporated <br />herein by this reference, which property is the aite of a four <br />building, 92 unit condominium develapment known as New� Era (the <br />"project"); and <br />S9E�REA9, the City of Everett ("City") has required, as a <br />condition to issuance c�f building permita for the project and as <br />part of the conditions set forth in the Final Declaration of Non- <br />Significance dated october 2, 1979, which conditione concern miti- <br />gation of the environm�>ntal impact of the project, i:hat the ownere <br />execute a power of att��rney concerning Formation of local improve- <br />ment districts for str�aet purposes in the vicinity of the projact. <br />NOW, THEREFORE, tor and in consideration that Che Cih.y of <br />Everett issue building permits to the uwners for construction of <br />the pro;ect and in consi.deration of owners' dAsire l•o cor.iply with <br />the conditione of the Final Declaration of Non-Significanca iesued <br />in connection with the project, owners have made, const:ituted and <br />appointed, and by these pLeaenta do make, constitut:e and appoint <br />the City as true and lawful attorney for them and in their name, <br />place and stead, and a^ an irrevocable proxy to cast a vote £or <br />approval, by petition, of :ny local improvement disLrinL hereafL-er <br />0 <br />