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RESOLUTION NO, 5528 <br /> A RESOLUTION declaring surplus certain Real Estate <br /> parcel located within the corporate limits of the City of Everett <br /> specifically the northwest corner of Pacific and Cedar <br /> Avenues and authorizing the sale thereof. <br /> WHEREAS, the Everett City Council finds and determines that the review of the <br /> following described property needs of the property, has been completed by all City <br /> Departments, and approved by the Mayor; and, <br /> WHEREAS, the Everett City Council finds and determines that the real property <br /> described in Exhibit "A" is not and will not be needed for City purposes; and <br /> WHEREAS, the Everett City Council finds that the City has complied with the <br /> requirements of Section 15.8 of the City Charter and requirements of Resolution No. <br /> 1984, except as modified herein; <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF EVERETT as follows: <br /> Section 1: The real property described in Exhibit "A" is not and will not <br /> be needed for City purposes, and is, therefore, declared to <br /> be surplus property; and <br /> Section 2: The real property described in Exhibit "A" shall be sold at a <br /> public sale by a competitive sealed bid on the following <br /> conditions: <br /> a) It is a priority that the subject property not be sold for less <br /> than 100% of the value as established by the written <br /> independent appraisal; and <br /> b) That the development of the property be in a manner <br /> consistent with the objectives set forth in Exhibit "B", and <br />