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Section 2: That the City of Everett shall not be responsible nor <br /> liable for storm drainage runoff resulting from existing drainage patterns as <br /> established on City rights-of-way that may currently, or in the future, go <br /> over, under, or across the above-described street vacation. <br /> Section 3: In accordance with Everett Resolution No. 1724, since the <br /> area vacated exceeds the area(s) dedicated, the proponent/petitioner/owners is <br /> required to compensate the City of Everett in an amount equal to one-half <br /> (1/2) the current appraised value of the area herein described. The abutting <br /> property owners shall have ninety (90) days following passage of this <br /> ordinance to exercise this vacation. Unless otherwise amended by City <br /> Council, this ordinance shall be null and void if the abutting property <br /> owner(s) fail to exercise this condition within ninety (90) days following <br /> passage of this ordinance. <br /> Section 4: That this ordinance shall not become effective until the <br /> proponents/petitioners/owners convey to the City of Everett, by Statutory <br /> Warranty Deed, the following described parcels for street and utility purposes: <br /> Parcel 1 (Dedication) <br /> That portion of Lot "A", South Highway Addition to the City of <br /> Everett, as per plat recorded in Volume 12 of Plats on page 10, <br /> records of Snohomish County, Washington, described as follows: <br /> Commencing at the southwest corner of said Lot "A"; thence <br /> N5°46'00"E along the West line of said Lot "A", 183.75 feet to <br /> the True Point of Beginning; thence N50°46'00"E 7.07 feet; <br /> thence S84°14'00"E 59.91 feet to a point of curvature, the <br /> radius center of which bears S5°46'00"W 68.16 feet distant; <br /> thence along the arc of a curve to the right through a central <br /> angle of 47°55'59" an arc distance of 57.02 feet, to the <br /> southwesterly right-of-way margin of Wilmington Avenue as shown <br /> on said plat, being also a point of curvature, the radius center <br /> of which bears N53°41'59"E 659.43 feet distant; thence along <br /> said right-of-way margin, northwesterly on the arc of a curve to <br /> the right through a central angle of 11°05'53" an arc distance <br /> of 127.73 feet; thence N84°14'00"W 27.72 feet; <br /> - 3 - <br />