1032 W MARINE VIEW DR POLARIS 2018-01-01 MF Import

dated estimate of rnsts to install said improveme�ts, including but not limited to preparation of plans and specifications, surveying, and permit fees. In the event that tlie demand is not paid within 30 days, the City Attorney shall con�mence appropriate legal action which shall include lis pendens on the above-described property. In said proceedings the cost of said improve- ments shall be estimated as of the date of trial. Owner and City agree that attorney fees shall not be awarded to either party; provided that as stipulated Jamages relating to collection and adininistration, 20% of tf�e amount of the Engineer's estimate shall be added to any verdict or judgment. In co�sideration of the deferral herein, Owner waives any damages against the City relating to this agreement. It is understood that any judgement sliall bear interest at the statutory rate until the judgement is collected. At such time as the funds are collected, the City sliall be responsible to install the aforesaid public improvements within a period of five years frum receipt of said funds, and said funds shall be se- questered frnm other City revenues exclusively for that purpose. Owner agrees that in the event City installs said public improvements, City shall not be responsible for any work off the City ri9ht-of-way on Owner's property as may be necessary for access, landscaping, or grading as required to meet cuts or fills. In the event the improvements are not installed, said funds shall be returned by the City to the person who h�is made payment to the City unless otherwise di- rected by a court of law. IN WITNESS WHEREOF, the Owner has hereunto executed this Flgreement this �,,� day of ,L,� ,� ��.( , 1986. STATE OF WASHINGTON ) ss. COUNTY OF t On this d da of _L1��, 1986, before me personally appeared (j , to me known to theLindividual hat executed the foregoing insti�ument, and acknowledged and represented that�she is autfiorized to execute the fore- going instrumen�-Qn behalf of the partnership and that ie she executed the instrument as �iis/her free and voluntary act and deed, iir the uses and pur- poses therein stated. In Witness 'Ahereof, I have hereunto set my hand and affixed my official seal, the day and year first above written. � -� NOTARY PUBLIC in an for ti tate of Washington, residing at � �6061102 5� vo� ].372eacEi'� 10