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MACAULAY & ASSOCIATES LTD. <br /> REAL ESTATE APPRAISERS & CONSULTANTS <br /> 610 MEDICAL-DENTAL BUILDING <br /> • <br /> 2722 COLBY AVENUE <br /> EVERETT.WASHINGTON 98201 <br /> (206)258-2611 <br /> April 5, 1988 <br /> Ms. Celia Strong, LID Administrator <br /> CITY OF EVERETT <br /> Public Works Department <br /> 3200 Cedar Street <br /> Everett, WA 98201 <br /> RE: Segregation of LID II 707 (ULID #1) Assessment for the Merrill Creek Asso- <br /> ciates Property <br /> Dear Ms. Strong: <br /> This letter is in reference to segregation of the LID assessment levied against the <br /> parcel identified below. Please refer to the accompanying facts and figures pertain- <br /> ing to this property. <br /> After reviewing the situation pertaining to the proposed segregation, it is our opinion <br /> that division of the assessment will preserve the security of the bonds issued to <br /> finance the local improvement district. <br /> 112804-1-009-0000 <br /> Existing LID Parcel Tax Account No(s). 022804-4-001-0003 <br /> Treasurer's No. 0011 <br /> Original Assessment: $ 593,783.00 <br /> Principal Balance: $ 480,681.44 <br /> Less Current Payment* $ 28,275.39 <br /> Current Principal Balance: $ 452,406.05 <br /> * Must be paid by 4-25-88 <br /> Segregated LID Assessments <br /> Lot 1: $ 21,890.62 <br /> Lot 2: $ 430,515.43 <br /> TOTAL $ 452,406.05 <br /> Sincerely, <br /> MACAULAY bey�ASSOCIATES, LTD. <br /> �k<.Gitl1 Gam- . <br /> Yvonne E. Alexander-Smith, Associate Appraiser <br /> YEA-S/lar <br /> Attachments "{1i kt 1: '3 <br />