1701 121ST ST SE 2025-02-03 - Laserfiche WebLink

6.9 FYNANCIAL GUARANTEE TO ENSURE C OMPLIANCE - Pursuant to EMC 19.37.240, a performance bond or other assurance device may be required by the City of Everett for the period of five years from the completion of the project,in the amount of 300%of the estimated cost for plant material and labor,maintenance,and monitoring. If required, this bond shall be released upon a successful determination by the City for all portions of this mitigation project. The bond release shall be contingent upon meeting the Definitions of Success described above. Estimated Cost of Plant Materials and Labor($12/ea.,installed x 53) $636.00 Estimated Cost of Monitoring($1,000/yr.) $5,000.00 Estimated Cost of Maintenance ($1 000/)r.) $5 000 00 Total Estimated Project Cost $10,636.00 Total Bond Amount (300% of Estimated Project Cost) $31,908.00 7.0 USE OF THIS REPORT This Critical Area Report and Mitigation Plan is supplied to Security Properties as a means of determining on-site wetland conditions and mitigating for critical area impacts,as required during the permitting process. This report is based largely on readily observable conditions and, to a lesser extent, on readily ascertainable conditions. - No attempt has been made to determine hidden or concealed conditions. The laws applicable to wetlands are subject to varying interpretations and may be changed at any time by the courts or legislative bodies. This report is intended to provide information deemed relevant in the applicant's attempt to comply with the laws now in effect. The work for this report has conformed to the standard of care employed by wetland ecologists. No other representation or warranty is made concerning the work or this report, and any implied representation or warranty is disclaimed. Wetland Resources, Inc. Eamonn Collins Associate Ecologist Charter Club Apartments 23 WRt#23061 Critical Area Report&Mitigation Plan November 6, 2023