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1 Wexler's contribution for the improvement of an interim pedestrian path pending both <br /> 2 the need for the improvement of a street at that location as well as the acquisition of <br /> 3 necessary funding; <br /> 4 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EVERETT DOES <br /> 5 RESOLVE that the following described property be transferred to the City by <br /> 6 right-of-way easement in accordance with the terms of the Agreement: <br /> 7 <br /> North 40 feet of Lot 33, Plat of Beverly Hills Division No. 3 as per plat <br /> 8 recorded in Volume 10 of Plats on page 83, records of Snohomish County, <br /> Washington <br /> 9 <br /> 10 ; and <br /> 11 FURTHER BE IT RESOLVED that the above-described property together with <br /> 12 the following described property (which property completes the corridor between <br /> 13 Fleming and Evergreen Way) not be improved as a street until such time as the City <br /> 14 determines a need for said street exists and determines a method of financing the <br /> 15 improvement of the street: <br /> 16 <br /> North 40 feet of Lot 11, Plat of Beverly Hills Division No. 3 as per plat <br /> 17 recorded in Volume 10 of Plats on page 83, records of Snohomish County, <br /> Washington <br /> 18 <br /> 19 ; and <br /> 20 r FURTHER BE IT RESOLVED that the monetary contribution required in the <br /> 21 Agreement by Wexler be applied toward an interim pedestrian path improvement if <br /> 22 possible. Otherwise, the contribution shall be retained until such time as the City <br /> 23 determines that a need exists for an improved street across the above-described parcels <br /> 24 of property and the City has determined a method of financing the improvement. <br /> 25 <br /> 26 Councilman Introducing Resolution <br /> 27 <br /> PASSED and APPROVED this day of , 1983. <br /> 28 <br /> 29 <br /> Council President <br /> 30 <br /> 31 <br /> 32 -2- <br />