6001 36TH AVE W BASE FILE 2018-01-02 MF Import

�y 02 O H Ot7w jRtt- ZHrn HOcn ,low � q AW AGREEMENT between CITY Of EVERETT and SIGMA DEVELOPMENT, INC. THIS AGREEMENT is made and entered into this � day of F "OkI , 1988, by and between Sigma Development, Inc., hereinafter refereed to as "Sigma," and the City of Everett, a municipal corporation under the laws of the State of Washington, hereinafter referred to as "City." WITNESSETH: WHEREAS, the City has approved a rezone and Concomitant Agreement for the property which is legally described in Exhibit A which is attached hereto and incorporated herein by reference; and WHEREAS, Section 3.c.i. of the Concomitant Agreement reads as follows: 3.c.i. That area in Powder Mill Gulch within the entire one hundred five (105) acre site which has a topograpnic slope of greater than 25% and any areas within a minimum of fifty (50) feet of Powder Mill Creek shall be dedicated to the City of Everett for municipal purposes by statutory warranty deed free and clear of all liens, encumbrances, restrictions and reservations. This ravine area should be designated as environmentally sensitive by the City. and WHEREAS, instead of dedicating the property to the City at this time, Sigma wants to delay the dedication of the property described in Section 3.c.i. of the Concomitant Agreement to the City until after the rezone ordinance has been filed with the Snohomish County Auditor but prior to the City's issuance of any building permits; and 8��g2500 26A VOL. 2 12SPAGE1962