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Avenue to intersect the centerline of West Marine View Drive (formerly known as <br /> Norton Avenue); thence northerly, along the centerline of West Marine View Drive to <br /> intersect the centerline of Everett Avenue; thence easterly, along the centerline of Everett <br /> Avenue to intersect the southerly projected centerline of the alley in Block 613, Rucker's <br /> First Plat, according to the Plat thereof recorded in Volume 2 of Plats, page 101, records <br /> of Snohomish County, Washington; thence northerly, along said projected alley <br /> centerline and the centerline of said alley in Block 613 and its northerly projection to <br /> intersect the centerline of 26th Street; thence easterly, along the centerline of 26th Street <br /> to intersect the northerly projected centerline of the alley in Block 611 of said Rucker's <br /> First Plat; thence southerly, along said projected alley centerline and the centerline of said <br /> alley in Block 611 and its southerly projection to intersect the centerline of Everett <br /> Avenue; thence easterly, along the centerline of Everett Avenue to intersect the centerline <br /> of Broadway Avenue and said point of beginning. <br /> Situated in the City of Everett, County of Snohomish, State of Washington <br /> Section 2. The proceeds of the assessments and assets acquired with such proceeds and liabilities <br /> incurred as a result of the formation of the BIA established in 2005 and disestablished herein, shall <br /> be subject to disposition,as the City Council shall determine in accord with the provisions of RCW <br /> 35.87A.120 and .190. <br /> Section 3. Pursuant to Chapter 35.87A RCW, it is the intention of the City to disestablish, <br /> terminate, and dissolve the current smaller Downtown BIA, within the following described <br /> boundaries, repealing Ordinance 2842-05: <br /> Beginning at the intersection of the centerline of Pacific Avenue and the centerline <br /> of the alley west of Hoyt Avenue,thence north along the centerline of the alley west <br /> of Hoyt Avenue to a point, said point being the intersection of the south line of lot <br /> 5,block 681,Plat of Everett projected easterly to the centerline of said alley,thence <br /> west along said projected line and the south line of lot 5, block 681, Plat of Everett <br /> and the westerly projection thereof to the centerline of Rucker Avenue,thence north <br /> along the centerline of Rucker Avenue to a point, said point being the intersection <br /> of the north line of lot 9, block 669, Plat of Everett projected westerly to the <br /> centerline of said Rucker Avenue, thence east along said projected line and the <br /> north line of lot 9, block 669, Plat of Everett and the easterly projection thereof to <br /> the centerline of the alley west of Hoyt Avenue, thence north along the centerline <br /> of the alley west of Hoyt Avenue to the intersection of the centerline of Everett <br /> Avenue, thence east along the centerline of Everett Avenue to the intersection of <br /> the centerline of the alley west of Colby Avenue, thence north along the centerline <br /> of the alley west of Colby Avenue to the centerline of 26th Street, thence east along <br /> the centerline of 26th Street to the intersection of the centerline of the alley east of <br /> Wetmore Avenue, thence south along the centerline of the alley east of Wetmore <br /> Avenue to a point, said point being the intersection of the north line of lot 14,block <br /> 666, Plat of Everett projected westerly to the centerline of said alley, thence east <br /> along said projection and the north line of lots 14 thru 18,block 666, Plat of Everett <br /> and the easterly projection thereof to intersect the centerline of Broadway Avenue <br /> Page 2 of 4 <br />