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Resolution 1506RESOLUTION NO. 1506 A RESOLUTION OF THE CITY OF EDMONDS, WASHINGTON, STATING ITS INTENT TO VACATE THE PORTION OF UNOPENED ALLEY RIGHT-OF- WAY SOUTH OF FIR STREET AND ADJACENT TO THE PROPERTIES ADDRESSED 838 FIR ST. AND 1108 9TH AVE. S. UPON THE FULFILLMENT OF CERTAIN CONDITIONS. WHEREAS, on August 2, 2022, the Edmonds City Council adopted resolution No. 1501 establishing a public hearing on a proposed street vacation, File No. PLN2022-0045; and WHEREAS, a public hearing on the proposed street vacation was held on September 20, 2022; and WHEREAS, the City Council finds and determines that the vacation is in the public interest, and that no property will be denied access as a result of the vacation; and WHEREAS, there are no easements to the City required; and WHEREAS, at that public hearing, the record contained a real estate appraisal showing the value of the proposed vacation area to be $35,000; and WHEREAS, the subject right-of-way was originally acquired pursuant to dedication with the Plat of Yost's First Addition to Edmonds; and WHEREAS, pursuant to ECDC 20.70.140.A.3.a and RCW 35.79.030 the City may be compensated up to an amount equal to one-half of the fair market value of the right-of- way prior to vacation by ordinance; and WHEREAS, the City Council finds $17,500 (one-half of $35,000) is reasonable compensation when determined in accordance with the fair market value of the land to be vacated; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: 1 Section 1. The city council hereby states its intent to vacate by ordinance the portion of unopened alley right-of-way south of Fir Street and adjacent to the properties addressed 838 Fir St. and 1108 9t' Ave. S. as shown on the attached Exhibits A and B and further described in File No. PLN2022-0045, which exhibit and file are incorporated by this reference as fully as if herein set forth as long as the following conditions are met within ninety (90) days of adoption of this resolution: 1. The petitioners shall deposit $17,500 with the City of Edmonds, which is one-half the appraised value of the vacation property, and which money, upon adoption of an ordinance vacating the property, shall belong to the City of Edmonds. RESOLVED THIS 20TH DAY OF SEPTEMBER, 2022: M R MIKE NELSON ATTEST: CLERK, §C ASSEY FILED WITH THE CITY CLERK: September 16, 2022 PASSED BY THE CITY COUNCIL: September 20, 2022 RESOLUTION NO. 1506 2 EXHIBIT "A" 17-foot Alley Vacation THAT PORTION OF BLOCK 12, YOST'S FIRST ADDITION TO EDMONDS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 8 OF PLATS, PAGE 6, RECORDS OF SNOHOMISH COUNTY, WASHINGTON. MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGINNING AT THE NORTHEAST CORNER OF LOT 10, OF SAID BLOCK 12, YOST'S FIRST ADDITION TO EDMONDS AND A POINT ON THE SOUTH MARGIN OF FIR STREET; THENCE SOUTH 88°40'14" EAST ALONG SAID SOUTH MARGIN, A DISTANCE OF 17.00 FEET TO THE NORTHWEST CORNER OF LOT 1, OF SAID BLOCK 12, YOST'S FIRST ADDITION TO EDMONDS; THENCE SOUTH 01°17'03" WEST ALONG THE WEST LINE OF SAID LOT 1, A DISTANCE OF 119.88 FEET TO THE SOUTHWEST CORNER OF SAID LOT 1; THENCE NORTH 88°42'57" WEST 17.00 FEET TO THE SOUTHEAST CORNER OF SAID LOT 10; THENCE NORTH 01 °17'03"EAST ALONG THE EAST LINE OF SAID LOT 10, A DISTANCE OF 119.90 FEET TO THE POINT OF BEGINNING. SITUATE IN THE COUNTY OF SNOHOMISH, STATE OF WASHINGTON 3 Icn SCUDDER LOT 10 d' BLOCK 12 YO SRRST D I TOEDMONDS U VOL. 8, PG. 6 30' I 5 rII 1 EXHIBIT "B" FIR ST. -17' ALLEY TO BE VACATED m m SCHENKAR LOT 1 3 BLOCK 12 Y in YOST S RRST ADD. TO EDMONDS VOL, 8, PG. 6 in L2 MILLER t 4v55-: P8 `pG 3 UNE TABLE LINE LENGTH BEARING L7 17.00 SB8'40'14"E L2 17.00 N88'42'S7"W m �i I x r~ 0 SCALE - 1 " 50' 30' EXHIBIT B