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CITY OF EVERETT PUBLIC WORKS <br /> 4. RCW Chapter 60.28 authorizes the City to substitute a retainage bond in lieu of earned <br /> retained funds and the Surety hereby waives any defense that this bond is void or otherwise not <br /> authorized by law. <br /> 5. Any claim or suit against the City to foreclose the liens provided for by RCW Chapter <br /> 60.28 shall be effective against the Principal and Surety and any judgment under RCW Chapter 60.28 <br /> against the City shall be conclusive against the Principal and the Surety. <br /> 6. The laws of the State of Washington shall apply to the determination of the rights and <br /> obligations of the parties hereunder. Venue for any dispute or claim hereunder shall be the state courts <br /> of Washington in Snohomish County,Washington.C� <br /> SIGNED AND SEALED THIS p.."' of 3v✓1t , 202w. <br /> Merchants Bonding Company(MUTUAL) Redtail, LLC <br /> Principal <br /> Surety <br /> By: BY • - <br /> Typed;Printed Name: Nicholas Fredrickson Typed/Printed Name: i•si-L wY,11:"..,.‘S <br /> Title: Attorney-in-Fact Title: rt�-►K�t-� <br /> RETAINAGE BOND ACCEPTED BY: <br /> CITY OF EVERETT <br /> Cassi in, Mayor <br /> ATTEST: STANDARD DOCUMENT <br /> APPROVED AS TO FORM: <br /> OFFICE OF THE CITY ATTORNEY <br /> Office e City Clerk 2.27.22 Office of the City Attorney <br /> APPROVED AS TO FORM <br /> David C.Hall,City Attorney <br /> 2 <br />