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Resolution 11450006.90000 WSS/gjz 4/18/07 RESOLUTION NO. 1145 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, STATING THE INTENT OF THE CITY COUNCIL TO VACATE A PORTION OF 8TH AVENUE NORTH, NORTH OF SPRAGUE STREET, ESTABLISHING THE TERMS AND CONDITIONS FOR SUCH VACATION AND STATING THE INTENT OF THE CITY COUNCIL TO VACATE SUCH RIGHT-OF-WAY UPON FULFILLMENT OF THE CONDITIONS.. WHEREAS, on October 28, 2005, the Edmonds City Council held a public hearing regarding a vacation of certain unopened right-of-way along 8th Avenue North, north of Sprague Street, and shown on the attached Exhibit A, incorporated by this reference as fully as if herein set forth, and, WHEREAS, at said hearing, no evidence was presented showing a need for the public right-of-way for the purpose of passage, but City staff noted a need for a thirty (30) foot easement to be retained for maintenance and erosion control projects of the adjacent drainage way of Shell Creek as needed; and WHEREAS, the fair market value of the property was appraised to be Twenty- two Thousand Five Hundred Dollars ($22,500); and fifty percent (50%) of that value or Eleven Thousand Two Hundred Fifty Dollars ($11,250) is the target established by Edmonds ordinance as an appropriate value for the property; and WHEREAS, the City Council has determined that the value of the property should be reduced to reflect the costs associated with obtaining an appraisal and the other associated costs of the vacation process, as well as a required lot line adjustment and the cost of {WSS658647.DOC;1/00006.900000/} - 1 - tree removal, yielding in the City Council's estimation, a reasonable compensation to the public of Seven Thousand Five Hundred Dollars ($7,500); and WHEREAS, the City Council finds and determines that the vacation is in the public interest, that no property will be denied access as a result of the vacation, that a construction easement should be retained for the purpose of maintaining the adjacent Shell Creek drainage way by construction, maintenance, erosion control and the removal of invasive non- native species from the site, now, therefore, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council hereby states its intent to vacate a portion of the unopened right-of-way of 8th Avenue North, north of Sprague Street and shown on the attached Exhibit A upon fulfillment of the following condition: 1.1 receipt and confirmation of the sum of Seven Thousand Five Hundred Dollars ($7,500) within ninety (90) days of the date of enactment of this resolution. and 1.2 that an easement be retained for construction, maintenance, erosion control and control of vegetation relating to the adjacent drainage way. Section 2. When the City Clerk has confirmed receipt of such funds and/or that a check for such amount has cleared the appropriate bank and the funds deposited to the credit of the City, and that such payment was received and cleared within ninety (90) days of the passage of this resolution, the City Clerk is authorized and directed to place an ordinance of vacation upon the City Council's Consent Agenda for passage. Section 3. If the condition of payment is not fulfilled as provided in Section 2 above, this resolution shall be void and without effect. {WSS658647.DOC;1/00006.900000/} -2- RESOLVED this 8th day of May, 2007. APPROV ! . I �� MAY R, G H KENSON ATTEST/AUTHENTICATED: C TY CLERK, SANDRA S. CHASE FILED WITH THE CITY CLERK: 04/27/2007 PASSED BY THE CITY COUNCIL: 05/08/2007 RESOLUTION NO. 1145 {WSS658647.DOC;1/00006.900000/} - 3 - Exhibit A 84 ALLEYS g. AL4 EY 81 7- +� e. 22 Z a. 313. 8i S13 "' `. UJ S?.' 00 , S k6t. CA510 BRASS 11 89•`r9 W " " qIS[ STAMP4561 W VATH FMO —S STREET VACAnON D04181T O W 2W 44V ea] � ao• FOR SCALE ; 1•-41Y KE1 .& 7ERESA SJMAN TON