11608 SILVER WAY 2016-01-01 MF Import

Property may be different trom those applicable prior to the effective date of annexation; E. The Property may be subject to and a pnrt of the City's Comprehensive Plan, which may difFer from that in effect prior to the effective date of annexation; P. Zoning and land use regulations applicable to the Property after anncxation may be different from those applicable to the Property prior to annexation; and G. All or any portion of the Properiy may be annexed and the Property may Ue anncxed in conjunction with, or at the same time as, other property in the vicinity. With full knowledgc and understanding of thc consequences of annexation and with full knowledge and undcrstanding of the Owner's decision to forego opposition to annexation of the Properiy to the Ciry, the Owncr agrees to sign a petition for annexation to thc City of the Property as provided in RCW 35.13.130, as it now exists or may hereafter bc amended, 1t such timc as thc Owncr is rcyucstcd Uy thc City to do so. Thc Owncr also agrces and appoints thc Mnyor of thc City as thc Uwncr's attomcy-in-fact ro exccutc an annexation petition on the Owncr's bchalf in thc event that thc Owncr shall fail or refuse to do so and agrees th:it such signature shall constitutc full aulliority from thc O�mer for anncxation as if the Owner had signed Ihe petition. If thc O�vner is a corporation, this Agreement shall be executed by an officcr auihorizcd to exccute dceds or encumbrances on behalf of ihe Owncr, and there shall be aitached to this Agrccmcnt as Gxhibit B a ccrtificd excerpt from the bylaws of the Owner showing such authority. \Vith full knowledge and understanding of the Owner's right to: A. Noticc of a public henring on the annexation of thc Property to thc City; and 13. Appear at such public hearing and voice disapproval of the annexation; The O�vncr waives thesc rights and further agrees not to litigalc, challenge or in any manner contest, annexation to the City. This Agrcement shall be deemed to be continuing, and if the Owner's properry is not anncxed for �vhatcvcr rcason, including a decision by the City not to annex, the Onmcr agrecs to sign any and all subsequcnt petitions for annexations and agrees not to litigate, challengc or in any manner contcst any such subsequcnt annexati�n to the Cil.y. In the event that any or all of the Property is subdividcd into smaller lots, the O�mcr shall cause the purchascrs oCcach subdivided lot to be bound by Qic pro��isions of this Section. - 3 - seu;soete� ��