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RESOLUTION NO. � <br /> 13021/ <br /> A RESOLUTION of the City Council of the City of Everett,Washington, declaring <br /> its intention to order the construction of standard street improvements on <br /> Evergreen Way from 52nd Street to approximately 600 feet North of Peck's <br /> Drive and adjoining side streets and to create a local improvement district to be <br /> known as Local Improvement District No. 735, to assess a part of the cost and <br /> expense of carrying out those improvements against the properties specially <br /> benefited thereby, and notifying all persons who desire to object to the <br /> improvements to appear and present their objections at a hearing before the <br /> City Council to be held on October 23, 1996. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> EVERETT <br /> Section 1: <br /> It is the intention of the City Council of the City of Everett, Washington, to order the improvement of <br /> the properties within the area described in Exhibit A, attached hereto and by this reference made a part <br /> hereof, by the construction of standard street improvements on Evergreen Way from 52nd Street to <br /> approximately 600 feet North of Peck's Drive and adjoining side streets as further described in Exhibit <br /> B attached hereto and by this reference incorporated herein. <br /> All of the foregoing improvements shall be in accordance with the plans and specifications therefor <br /> prepared by the City Engineer and may be modified by the City as long as that modification does not <br /> affect the purpose of the improvements. <br /> Section 2: <br /> The total estimated cost and expense of the improvements is declared to be $1,503,000. It is <br /> anticipated that approximately $1,009,000 of that cost and expense shall be paid by the City and from <br /> anticipated state grants and the balance thereof shall be borne by and assessed against the property <br /> specially benefited by the improvements in the area to be known as Local Improvement District No. <br /> 735. Actual assessments may vary from estimated assessments as long as they do not exceed a figure <br /> equal to the increased true and fair value the improvements add to the property. <br /> Section 3: <br /> The City Clerk is authorized and directed to give notice of the adoption of this resolution and of the <br /> date, time and place fixed for the public hearing to each owner or reputed owner of any lot, tract, <br /> parcel of land or other property within the proposed local improvement district by mailing such notice <br /> at least fifteen days before the date fixed for public hearing to the owner or reputed owner of the <br /> property as shown on the rolls of the Snohomish County Assessor at the address shown thereon, as <br /> required by law. <br />