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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. <br /> SIGNED AND SEALED THIS of , 202_. <br /> Principal <br /> Surety <br /> By: By: <br /> Typed/Printed Name: Typed/Printed Name: <br /> Title: Title: <br /> RETAINAGE BOND ACCEPTED BY: <br /> CITY OF EVERETT <br /> Cassie Franklin, Mayor <br /> ATTEST: STANDARD DOCUMENT <br /> APPROVED AS TO FORM: <br /> OFFICE OF THE CITY ATTORNEY <br /> Office of the City Clerk 2.27.22 <br /> 2 <br />