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w, <br />�--� ,,,--_ <br />�.;'�' ;!.•. <br />. k • � . <br />� <br />POWER OF ATTOI2NEY <br />� -qo �q �k �,�� <br />, ��c�-��� l.�—/.,✓—.�y' � <br />II �;�.�: <br />� {,�ggAS, Ordinance No. 555-78 was enacted to zeduce the adverse effect . <br />� of increased vehicle and pedestrian traffic on existinq neighbozhoods and <br />� provide safe and efficient facilities for vehicle and pedestrian traffic; and <br />• WHEREAS. Ordinance No. 555-78 requires, in part, a developer to tmprove <br />�: street and,alley rights-of�aay; or at the discreti.on of the Citp Engineox�, a <br />; developer may convey and execute i.n the fawr of the City of EvereCt an <br />irrevocable power of attorney for the sole purpose of casting a vote, signing <br />`s a petiti.on or othezwise assenti.ng to the formatiori of a Local Improvement <br />i Distric't. � <br />� NQW� TE�REFORE, in considexation of issuance of a building permit� <br />'; pursuant tn Ordinance No. 555-7F3 and i.n lieu of cerfiain requixed street anci/or <br />' ailey i.mprovements, Diagonal Way Development Company, Ltd. <br />� <br />• (hereina£Y.er. <br />: referred to as "Developer"), and pursuant to Ordinance No. 555-78, has macle, <br />� consYituted and appoi.nted and by these presents does make, consti.tute and <br />' appoi.nt the City as true and lawful attoraey for it and in its name, place <br />and stead, and as an irrevocable proxy to cast a vote for approval, by <br />� petiYion or othezvrise, of any�I.oca�. Improvement District hereafter formed by <br />� the City, its successor or other pzoperty owners xn a benefit area encompassim <br />� <br />ou roa way <br />' for ultimate street and related improvements pursuant to Ordinance 110. 555-78, <br />i as it presently exists or is herea�ter amende8 or supplanted. <br />This poc�er of attorney shall be a conveyance af an irrevocable interest: <br />in and the Aeveloper does by ihese pXesents convey to the City such ].im3.ted <br />interest in the following descri.becl ].and, to wit: <br />See attached Lega1 Description <br />This power of attc,iney sha11 �ie a covenani: to r.un with i]ie Tee tl.i:7,co <br />to the above-described land perpe�ually; PROVIpED: The City o£ F.verei.i. n]ia15. <br />deliver a signed release oP khis powex of attorney aPter instaJ.lation of the <br />ultimate improvements shall have been completed. , <br />� <br />IN WITNESS WHEREOF, ,t�he Deve�o�er has hereunta_yet its hand and at�a1� <br />this �(o day of fvoVQ�,Q� � 1979, <br />� Di g al Way.Deve opment Co., Ltd. <br />by G � . �� . <br />STIITE OF WASHINGTOV ) President; 205�Columbia Corporation <br />�/ ) ss. General Partner � <br />Caunty of 1�a�A ) <br />On this dayl pazsonall,y appeazail beforF me " C_�� <br />f tio <br />me known to be the individual described in and who er.ecuted the within and <br />foregoing instrument and ackno;•rledqed that he%tUey signed ihe same as his/t3ae:n <br />free an3 voluntary act and deecl for the uses and pur.poses i3ierein menl•i.on��. <br />GIVEK tndez my hand vid ��ftici<�.l sea.l l'his o(1, day of (�p�/9�ti� <br />1979. � � <br />^ _U •. <br />�IOTARY PIIRLIC in and for. t <br />of Washingt•on, resid:.ng at <br />� <br />