DECLARING THE INTENTION OF THE CITY COUNCIL ON BEHALF OF THE CITY OF PALMER TO ACCEPT THE PROPOSED ANNEXATION TO THE CITY OF PALMER OF A PART OF THE SOUTHWEST QUARTER NORTHWEST QUARTER AND NORTHEAST QUARTER SOUTHWEST QUARTER AND NORTHWEST QUARTER SOUTHWEST QUARTER OF SECTION 4, TOWNSHIP 17 NORTH, RANGE 2 EAST, SEWARD MERIDIAN, ALASKA, NOW CONTIGUOUS TO THE CITY, TO PROVIDE A LEGAL DESCRIPTION OF THE AREA, TO MAKE A DETAILED STATEMENT OF THE TERMS AND CONDITIONS UPON WHICH THE ANNEXATION SHALL BE AGREED TO, TO ESTABLISH THE PROPOSED EFFECTIVE DATE OF THE PROPOSED ANNEXATION, AND TO DETERMINE ANY LIABILITIES WHICH MAY SUBJECT THE PROPERTY IN THE ANNEXATION AREA TO ASSESSMENTS