1010 SE EVERETT MALL WAY BASE FILE 2018-01-02 MF Import

` / everett W.O. // �. '�� IOII C� Evfr rCCe� Wn�/ Property Addre s � COVENr; NT CONSENTINC TO FORh7 .1TION O'F A LOCAL IMPROVEMENT DISTRICT ) ' � SYHEREAS, 13�,1/ S�S�I(/YI� , herein- � after re[erred to as "Owner," owns certain property within the City oE Everett 1 lcgully described ns tollows: -/� �-Y'F 0.cYl G c% ; 1 �uYW7,T- A �YHEREAS, Owner has npplied for a permit from the City of Everett which under Ordinnnce No. 555-78 and Ordinance No. 665-80 require certain improve- ments to be mnde to public rights of way as a condition to issuunce ot certain City permits; snid Ordinances allow that the City Engineer may nccept a covenant consentin; to the formation of a locnl improvement district in lieu of huving Owner construct nnd instnll the required public improvemenu when, in the pp1H3o'n"ift�..the City Engineer, certain actuel improvements are not desirnble dqe•;to. knUwr�•�br., pec.:eived physicnl problems or 4he need for more comprehensive im;orov'em�nts;• ;', ":. . ,.<. �ir.�',i�:; `y t7 i �YHEREAS, Owner's property and the adjacent public rights� of; way�'hryve. �: been determined to require a covenant consenting to the forrr�&tipn •of: U locnl� _: improvement district rather thun having Owner make specific imp:cveh�ents... ;: NO�V, THEREFORE, in consideration of issuance of npp(itnbl��"�ity permit(s) pursuant to Ordinance No. 555-78 und Ordinnnce No. 665-80 und in lieu of certeir. public right of way improvements Owner consents to the formntion of n local improvement district nereafter formed by the City or its successors or other property owne:s for the public improvement of: I oo �"� 5-4-. S. w. -��,„ l-� Ii ��. -l� Ew,a., de� +2� , - or u portion thereof including street im�rovements defined in Ordinance Nos. 555-TS and 665-80 to include: Th^ installation of all public facilities required to improve the street to City design standnrds including �•c�ding, drninage, pt�vement, curb/gut[er, sidewalk, street lights, traffic signrls and other neces- sary appurtenances. Such street improvements shall not be limited to the half street abutting the property; for example, where no per- mt�nent street improvement existed, the street improvement shall be extended beyond the centerline u sufficient distnnce (10 ft. minimum) to permit safe movement of trnffic. This Covenant consenting to the formntion of a local improvement district applies (end precludes legnl protest) only to the formntion o: n locnl improvement district, Owner executing this docume�t retuins its, his/her or their rights under Iaw to provide input or to make objection to the scope of the proposed public improvements to be accomplished by such local improvement dis[rict including. nature and type of improvements ns well t�s the proposed or finnl benefits nnd n�essment therefor. 'fhe City shall deliver a signed release of this Covenant to Owner flfter completion of public improvements ns described hereinabove through the Cormntion of n locnl imprnvement district nnd nfter trnnsmittnl of the finnl assessment role to the County oC Snohomish pursunnt to law. The City mny not utilize this Covenant Cor the formution of morc thun one (1) local improvement district. This Covenant consenti�g to the formution of a local improvement district shall bc ❑ coveneRt touching, concerning and running with the lnnd �nd shall be bin�'�ng on Owner's heirs, assigns or successors in in[rrest. �.'�� .__ ' _ � _ , _