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Norton Ave SFR-CAR &Mitigation Plan <br /> noted. The final report will be the determination of whether the site is a success and whether the <br /> Performance Bond can be released. <br /> 7.3 Performance Security Bonding Estimate <br /> Unless otherwise provided in this title the amount of a performance security will be 150 percent of the <br /> cost of covered work or improvements calculated at the time of expiration of the device. Unless <br /> otherwise provided in this EMC 40.050,a performance security shall remain in effect until final <br /> inspection and construction acceptance by the City of all facilities specified by the plans,including those <br /> improvements whose construction is secured with the performance security. <br /> Table 3: Project maintenance and performance monitoring bonding cost estimate* <br /> City of Everett Assurance Device Worksheet, <br /> Trees ($15.00) *32 $480.00 <br /> 1 gal shrubs ($9.75)*491 $4,787.25 <br /> Plants Subtotal $5,267.25 <br /> Installation $2,633.63 <br /> Monitoring 20.0 hrs*$85 $1,700.00 <br /> Maintenance $1,500.00 <br /> Subtotal $11,100.88 <br /> Performance security Subtotal*300% $33,305.63 <br /> *Quantities and prices included above are a conceptual estimate for bonding purposes,and do not <br /> constitute a firm bid or offer to perform services. <br /> 8.0 Conclusions <br /> Wetland Solutions, Inc. has completed the site investigation and critical areas assessment for the subject <br /> property. One Category 3 wetland requiring afoot buffer and.rastreams were located on the <br /> subject site. The proposed project includes the construction of a new single family home that will result <br /> in the permanent impact of 3,232 SF buffer area. Mitigation measures include the enhancement of the <br /> remaining buffer area(10,177 SF)and preservation and enhancement of 427 SF of upland area. The <br /> mitigation should result in a net increase in local functions and values. <br /> This critical area study should be considered subject to change until reviewed and approved by the <br /> appropriate regulatory agencies with jurisdiction. <br />