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t <br /> e r <br /> 1 Section 3: That this ordinance shall not become effective until the owners of <br /> 2 the property abutting upon the alley herein described shall compensate the City of <br /> 3 Everett in an amount equal to one-half the current appraised value, as approved by the <br /> 4 Washington State Department of Transportation, of the area herein described: <br /> 5 Provided, the abutting owners shall also receive a release of any interest in the property <br /> 6 from the Washington State Department of Transportation paying any appropriate <br /> 7 compensation therefor to the State; Provided, further, however, should the abutting <br /> 8 property owners fail to exercise this vacation within 90 days following passage, unless <br /> 9 otherwise extended by City Council, the ordinance shall be null and void. <br /> 10 <br /> 11 <br /> 12 <br /> 13 ' • • <br /> 14 <br /> ATTEST: <br /> 15 � <br /> 16 �-2�-c.y[ e / Z,.( -, <br /> CITY CLERK <br /> 17 <br /> 18 Passed: ' `7 <br /> 19 Valid: 4-(- / ( - 7 <br /> 20 Published: 4- - / <br /> 21 <br /> 22 <br /> 23 <br /> 24 <br /> 25 <br /> 26 <br /> 27 <br /> 28 <br /> 29 <br /> 30 <br /> 31 <br /> 32 Page -2- <br />