4801 EVERGREEN WAY 2016-01-01 MF Import

• . u Re[urn 1'0 ; Public Survices,City ot Evcrett, 3200 Cedar,98201 everClt W'�' p i � �� 480! Evergreen Nay � Property Address COVCNANT C6NSHNTING TO PORMATION � OF A LOCAL IAIPROVHMHNT DISTRICT C7� WH[REAS, �lazemonLV�llage9s,4.Ciates ��ercinalter � ' relcrred to as"Owner,' owns ccr Win property wf thin lhe City ot Hverett Iegally p described as lollows: Lots A and 1 through 13 Plat of South Nighway Addi[ion; Lots L [hrough U ('� Pla[ of Central Park Addition; Lots i [hrough 21 Plat of Claremont Neights; (� and [hat portion o: vacated Clatemon[ Way lying between Nildng[on Avenuc � � and 50[h Street. t� ;� WHHREAS, Owncr has applicd lar a permit irom thc City of Everctt which ^� under Ordinance 555-78 and subsequent amendments thercto require certatn improve- � r'• ments to be made to public riFhts of way as a condition to issuance of certam City i,X� � permits; said Ordinances allow that the City Engineer nrey accept a covenant consenting to the fonnation of a local iinprovement district in lieu et having Owner construtt � � and install the required public impro�emenls. �� WHHREAS, Owner's property and the adjacent publie rights o( way have - b 6een delermined to require a covenant consenting to thc tormation o[a local improve- . � ment district rather than having Owner make specitic improvements. � " M1OW, THEREPORE, in consideration o[ issuance of applicablc City permil(s) �, � pursuant to Ordinance No. 555-78 and subsequent amendments thereto and in lieu � � � ol certain public right o[ way improvements Owner tonsents to the lorma!ion ot � ; "a local impravement district herrafter tormed by the City or its successors or . . . � other property owners lor thc pu6lic improvement oh � � Everqreen Nay from Wilming[on [0 50[h 5[:ee[, and ,! - � � . . Wilming[on from Evergreen Way to 48[h. � � . � or a portion thcreol induding strect improvernents delined in Ordinanre Nos. SSS- � '�7E and subsequent amendments to include: ' � , '-. ,� ;:� . I� , � �� Tht installation ot all pu6lic tacilities required to Improve the stre.et to Ciry design standards induding grading, drainaRe, '.�.s-'. �,' � �� pavement, r.urb/gutter, sidewalk, strcet lights, trallit signals � �� and other necessary appurtenances. Such street improvements - � shall not be limited to the haif strcet abutting the property; ,. lor example, where no permanent strect improvement existed, ; !, the street improvement shall be eztended bcyond the cenlerline � - ,i a sutlicicnt distance(10 tt. minimum) to permi: sale movement �' ' - I� ot tra[lic. � .. ;i� i I �. �' This Covenant consenting to Ihe tormation ol a local improvement dislrict i applies(and precludes Iegal protesd only to Ihe formation of a local improvement . ��district,Owner executing this docvmrnt retains its, hix/her or their rights ur,der � � � ��law to provide input on the proposed public improvements to be ar.complished b�• ' - � � ';such local improvement district includinK nature and type ol Improvements as well - . , �'as the proposed or linal benetits and assessment therelor. i-' p . .. � � The Ciry shall deliver a signed relcase ot this Covenant to Owner atter completion . � iI ot public improvements as described hereinabove through the tonnation o[a local � '� , . improvement district and a(ter transmiltal o[ the tinal assessmr.nt roll to the Cnunty �: ��ot Snohomish pursuant to law. The City may not utilize this Covenant tor the [ormatlon " ,:%��,-,"., �� o[ more than one(1) local improvement district. i , � This Covenant consenting to the lormation o[a local improvement district � � � � : . shall be a covenant touchinp„concerning and rumiing wi�h the land and shall be � _ . . , binding on Owuer's heirs, assigns or suttessors in interest. - NO EXCISE TAX I REqUIRED � �� .�+�T 2 WiAfl�O 5 S PAGE 2�.�9 j �rR��iGr�7V �ll � -�- �� i p��y 8-81