Ordinance 1910ORDINANCE NO. 1910
AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON,
REPEALING ORDINANCE NO. 1428 PASSED BY THE CITY
COUNCIL JULY 1, 1969, DECLARING RIGHT-OF-WAY AS
SURPLUS PROPERTY, AUTHORIZING THE SALE OF EXCESS
RIGHT-OF-WAY ACQUIRED, AUTHORIZING TRANSFER OF
FUNDS FROM LID GUARANTY FUND NO. 613 TO STREET
ARTERIAL FUND NO. 112, AND DIRECTING THE PLACE-
MENT OF MONIES ACQUIRED BY SALE.
WHEREAS, the City Council of the City of Edmonds in
Ordinance No. 1428, passed by the Council on July 1, 1969,
ordered the improvement of certain property in the vicinity
of 198th Street Southwest and Seventy-seventh Avenue West by
means of installing curbs, gutters, sidewalks, and other im-
provements, and
WHEREAS, at this time the construction of these improve-
ments is no longer necessary or feasible, and
WHEREAS, it is in the best interests of the City of
Edmonds and the citizens thereof that all rights -of -way ac-
quired by the City in connection with the anticipated con-
struction be sold, and
WHEREAS, the costs of acquiring the rights -of -way, in-
cluding appraisal, recording fees, publication costs, and
interest, should be repaid immediately to the Street Ar-
terial Fund No. 112 from the LID Guaranty Fund No. 613 with
proceeds of sale of the excess right-of-way to be paid into
the LID Guaranty Fund No. 613, now, therefore
THE CITY COUNCIL OF THE CITY OF EDMONDS DO ORDAIN AS
FOLLOWS:
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Section 1.
Ordinance No. 1428 passed by the City
Council on July 1, 1969, is hereby repealed.
Section 2.
The City Council hereby finds that all
rights -of -way acquired by the City for the construction of
the improvements ordered by the terms of Ordinance No. 1428
are surplus, and said rights -of -way are authorized to be
sold in the manner set forth by law.
Section 3.
The Finance Director is hereby authorized
and directed to make all necessary entries and transfers to
transfer the sum of $5,938.10 from LID Guaranty Fund No. 613
to the Street Arterial Fund No. 112 to repay loans from said
Fund No. 112 to LID 176.
Section 4. All monies acquired from said sale of ex-
cess right-of-way shall be paid into LID Guaranty Fund No.
613.
APPROVED:
MAYOR, H. H. HARRISON
ATTEST:
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CITY CLERK, IRENE�R�,NE7 MORAN
FILED WITH THE CITY CLERK: March 10, 1977
PASSED BY THE CITY COUNCIL: March 15, 1977
PUBLISHED: March 23, 1977
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