1304 BRUSKRUD RD 2018-01-02 MF Import

G,.� _ T 0�� LIMITED POpER OF ATTORNEY �� WHEREAS, KUMARS MESHGIN, VAGHAR VAHDAT, KHOSROW MESHGIN and KHOSROW AZORDEGAN, each a married man, as his separate property, ("owners'9 are the owners and developers of certain real property situated In the City of Everett, Snohomish County, Washington, legally descrfbed In Exhibit A attached hereto and incorporated herefn by this reference, which property is the site of a four buliding, 42 unit condominium development known as New Era (the "project'9; and WHEREAS, the City of Everett, a municipai corporation under the laws of the State of Washingtan ("City"), has required, as a condition to Iss�ance of building permits for the project and as part of the conditlons set forth In the Final Declaratlon oi Non-Significance dated October 2, 1979, which conditions concern mitlgation of the environmental Impact of the project, that the owners execute a power of attorney concernfng formation of local Improvement districts for street purposesin the vlcinity oi the project. NOW, THEREFORE, fo� and in consideration that the City of Everett issue butlding perrnits to the owners for construction of the project and in consideratlon of owners' desire to comply with the conditions of the Final Declaration of Non- Signiflcance lssued in connection with the project, owners have made, constituted and appointed, and by these presents do make, constitute and appoint the City as true and lawful attorney for them and in their name, place and stead, and as an Irrevocable proxy to cast a vote for approval, by petition or otherwise for any local improvement district hereatter tormad by the City, its successor or other property owners in the benefit area encompassing This power of attorney shall be a conveyance of an irrevocable interest in and the owners do by these presents convey to the City such limited interest in the real property described in E•xhibit A. This power o[ attorney shall be a �ovenant to run witli and touch and concern the fee title to the real property described in Exhibit A In perpetuity; provideds the City of Everett shall deliver a signed release ot this power ot attorney after installation of the strcet impravements in the benefit area hereinabove described shall have been completed.