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f * <br /> BEGINNING at the Northwest corner of Lot 48, <br /> said Plat; THENCE, East along the North line of <br /> Lot 48, said Plat to the Northeast corner <br /> thereof; THENCE, South along the East line of <br /> Lot 48 and Lot 49 of said Plat to the Southeast <br /> corner of Lot 49; THENCE, West along the South <br /> line of Lot 49 and Lot 50 to the Southwest <br /> corner of Lot 50; THENCE, North along the West <br /> line of Lot 50 to the Northwest corner thereof <br /> and its intersection with the South right of way <br /> line of Larsen Road; THENCE, East along said <br /> South right of way line and meandering around <br /> the cul de sac at the Easterly terminus of <br /> Larsen Road to its intersection with the West <br /> line of Lot 48; said Plat; THENCE, North along <br /> said West line of Lot 48 to the Northwest corner <br /> thereof and the POINT OF BEGINNING. <br /> Section 2: That upon annexation of the property herein above set <br /> forth, said property thereof annexed shall become a part of the City o <br /> Everett, a municipal corporation, and shall be subject to all its law <br /> and ordinances then and thereafter in force. Upon annexation of th <br /> above described property, all of said property shall be assessed an <br /> taxed at the same rate on the same basis as other property locate <br /> within the City of Everett is assessed and taxed, to pay for any the <br /> outstanding indebtedness of the City of Everett contracted prior to of <br /> existing at the date of this annexation. In addition, the annexed are <br /> will remain responsible unto any other lawfully formed municipa <br /> corporation to which the property is obligated at the time of <br /> annexation subject to a specific lien. Further, the City of Everett <br /> may incur additional operating expenses in supplying water or sewage <br /> unto persons who are located within the annexed area. Accordingly <br /> utility rates for the area for which annexation is petitioned may var <br /> from those rates from other areas within the City of Everett. <br /> Section 3: That the Clerk of Everett is hereby directed upon passage <br /> of the ordinance of annexation to deliver and to file with the Count <br /> Council of Snohomish County, Washington, the County Auditor, and th <br /> Snohomish County Boundary Review Board, a certified copy of thi. <br /> ordinance of annexation. <br /> CITY OF EVERETT <br /> MAYOR <br /> ATTEST: <br /> t-e-11-t <br /> CITY CLERK <br /> Passed: e/7-f.3 <br /> Valid: f" ' 7-43 <br /> Published: F--, JE-3 <br />