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3 <br /> Section 4: Payment Required Before Effective. <br /> This ordinance shall not become effective until the Petitioners, as the abutting property owners <br /> upon the rights-of-way herein described, have compensated the City the total amount of seventy <br /> thousand dollars ($70,000.00), the equivalent of the full appraised value of the rights-of-way to <br /> be vacated. <br /> The Petitioners shall have ninety (90) days following passage of this Ordinance to fully comply <br /> with this Section 4. Unless otherwise amended by City Council,this Ordinance shall be null and <br /> void if the Petitioner fails to fully comply with this Section 4 within ninety (90) days following <br /> passage of this Ordinance. <br /> In no event will this Ordinance become effective before fifteen (15) days after the signing hereof. <br /> Section 5: Recording. <br /> Upon passage of at least fifteen (15) days after the signing of this Ordinance and receipt of the <br /> compensation set forth in Section 4, this Ordinance shall become effective and shall be recorded <br /> within the Snohomish County Auditor's Office. <br /> Section 6: Corrections. <br /> The City Clerk is authorized to make necessary corrections to this ordinance including, but not <br /> limited to, the correction of scrivener's/clerical errors, references, ordinance numbering, <br /> section/subsection numbers, and any references thereto. <br /> Ray Stephanson, Mayor <br /> ATTEST: <br /> Sharon Marks, City Clerk <br /> PASSED: <br /> VALID: <br /> PUBLISHED: <br /> EFFECTIVE DATE: <br /> 6 Page 3 of 3 <br />