The overlay district shall be bounded as follows:

Beginning at the southeast corner of the intersection of the Revere Beach Parkway and the boundary of the Cities of Everett and Malden, thence running in a Northerly direction along the Malden River to the Malden city line, thence running in an Easterly direction along the boundary of the cities of Everett and Malden to a point approximately 390 feet +/-from the intersection of Wyllis Avenue and Bellrock Streets then turning in a southerly direction to Tremont Street, then following the southerly side of Tremont Street to the intersection of Elton Street and then turning northeasterly direction to the intersection of Valley Street and then turning in a southeasterly direction and following Valley Street to the intersection of Waters Avenue, then turning and running westerly on Waters Avenue to the intersection of Elm Way and then turning Southerly to a point thirty six and sixty five hundreds (36.65) feet from the intersection of Waters Avenue and Elm Way and continuing to a point forty seven (47.00) feet from the intersection of Elm Way and Appleton Street then crossing the street at a point at the Boston and Maine Railroad and then running along said railroad for a distance of approximately one hundred six and seventy one hundreds (106.71) feet then turning in an easterly direction for a distance of approximately one hundred eighty five and ninety two hundreds (185.92) feet then turning in an southerly direction for a distance of two hundred fifty six (256.00) feet to Laurel Street and then running along Laurel Street to the intersection of Tileston Street cross Tileston Street and then turn westerly and run approximately ninety seven and sixty five hundreds (97.65) Feet to the Boston and Maine Railroad and turn and run southerly along said railroad for a distance of approximately seventy six and ninety seven hundreds (76.97) feet then turn and run easterly for a distance of approximately one hundred sixty seven and ninety hundreds (167.90) feet then turning and running for a distance of approximately five hundred fifty (550) feet to a point on Park Terrace then turning and running easterly direction for a distance of approximately two hundred fifty (250) Feet +/-along the back of the property on Spaulding Street and then turning southerly for a distance of fifty (50) feet then turning easterly for fifty (50) feet then turning southerly for a distance of one hundred (100) feet to Spaulding Street then turn and run along the northerly side of said Spaulding Street to the Boston and Maine Railroad and cross said railroad to a point at the intersection of Plymouth Street and the Revere Beach Parkway then turn and run along the easterly side of Plymouth Street for a distance of approximately one hundred thirty eight and eighty seven hundreds (138.87) feet then turn and run in a northeasterly direction to the Boston and Maine Railroad (behind the homes on Wellington and Fleet Streets) then turning and following the Boston and Maine railroad for a distance of approximately six hundred fifty and fourteen hundreds (650.14) feet to Tileston Street then turn and run for a distance of one thousand two hundred twenty eight and nine hundreds (1228.09) feet +/-to the intersection of Tileston Street and Santilli Highway then turn and run southerly for a distance of approximately two hundred ninety five and forty seven hundreds (295.47) feet +/-then turn and run easterly for a distance of one hundred sixty eight and ninety hundreds (168.90) feet then turn and run southerly for a distance of approximately one hundred (100) feet then turn an run easterly for a distance of approximately two hundred sixteen and fifty five hundreds (216.55) feet +/-then turning and running approximately three hundred seventy (370.00) feet behind the house’s on Kelvin Street to the Revere Beach parkway and then turning and running along the Revere Beach parkway in a westerly direction to the point of beginning.