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1 RESOLUTION NO. ' ..3 <br /> 2 <br /> A RESOLUTION rejecting resolution reflecting Traffic Advisory Corn- <br /> 3 mittee Recommendation regarding vacated Lake Street. <br /> 4 <br /> 5 WHEREAS, the City of Everett Traffic Advisory Committee has made a <br /> 6 recommendation concerning vacated Lake Street, which was reflected in a proposed <br /> 7 resolution which came on before the Everett City Council for hearing on August 24, <br /> 8 1983, a copy of which resolution is attached; and <br /> 9 WHEREAS, after presentation of testimony and evidence before the Everett City <br /> 10 Council, it was decided there is no public need for the establishment of such a street, <br /> 11 but that the City should accept a sum of money in an amount not to exceed one-half of <br /> 12 the current appraised value of vacated Lake Street as compensation rather than a <br /> 13 conveyance of property from A. A. Wexler and Gilda J. Wexler; <br /> 14 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EVERETT DOES <br /> 15 RESOLVE that the proposed resolution, a copy of which is attached hereto, is rejected; <br /> 16 and <br /> 17 FURTHER, BE IT RESOLVED that the City Attorney draft a resolution <br /> 18 reflecting the City Council's decision to decline the conveyance of real property from <br /> 19 A. A. Wexler and Gilda J. Wexler in lieu of monetary compensation, and to accept <br /> 20 monetary compensation in an amount not to exceed one-half of the current appraised <br /> 21 value of vacated Lake Street. <br /> 22 <br /> 234/41/,- <br /> 24 <br /> Co .mailman nt oducing Resolution <br /> 25 PASSED and APPROVED this /7 day of , 1983. <br /> 26 <br /> 27 1111111.18 <br /> 28 <br /> Co • •residen ,f <br /> 29 <br /> 30 <br /> 31 <br /> 32 <br />