3800 RIVERFRONT BLVD 2025-07-23 - Laserfiche WebLink

202107010535 Document: EASEMENT Rec: $119.50 Page-4 of 17 Record Date:7/1/2021 12:23 PM Snohomish County, WA Department of Ecology standards and in accordance with all applicable law. In the event the RCI Parties fail to so repair, the City may, but is not obligated to, after thirty (30) days' advance notice to the RCI Parties, complete the work identified in the notice as necessary, provided that no notice shall be required in the event of an emergency situation, as determined by the City in its reasonable discretion. If the City performs any such work, the RCI Parties shall reimburse the City for its reasonable costs for such work, plus a fee in the amount of 10% of such costs within 30 days after the RCI Parties' representative listed below receives an itemized invoice for such work; provided that no additional fee can be imposed for work performed in the event of an emergency situation. If payment is not made in full within such 30-day period, the unpaid amounts shall bear interest from such due date at a rate of 12% per annum or the highest rate then permitted by law, whichever is less. Any notices provided to the RCI Parties' representative shall be to the following person at the following address: RCI Parties' representative: Shelter Holdings 11624 SE 5th Street, Suite 210 Bellevue, Washington, 98005 Attn: Everett Riverfront 6. Repair of Damage to Private Improvements. The City shall promptly repair any damage to the Private Improvements caused directly or indirectly by the City, its employees, agents, invitees or contractors, to at least as good of a condition as existed prior to such damage and in accordance with City and Department of Ecology standards and in accordance with all applicable law; provided that the City shall not be responsible for repairing any damage to the Private Improvements caused directly or indirectly by the RCI Parties or their employees, agents, invitees or contractors or by the general public. In the event the City fails to so repair, the RCI Parties may, but are not obligated to, after thirty (30) days' advance notice to the City, complete the work identified in the notice as necessary, provided that no notice shall be required in the event of an emergency situation, as determined by the RCI Parties in their reasonable discretion. if the RCI Parties perform any such work, the City shall reimburse the RCI Parties for its reasonable costs for such work, plus a fee in the amount of 10% of such costs within 30 days after the City's representative listed below receives an itemized invoice for such work; provided that no additional fee can be imposed for work performed in the event of an emergency situation.. If payment is not made in full within such 30-day period, the unpaid amounts shall bear interest from such due date at a rate of 12% per annum or the highest rate then permitted by law, whichever is less. Any notices provided to the City's representative shall be to the following person at the following address: City Representative: Real Property Manager City of Everett 3200 Cedar Street Everett, WA 98201 7. Construction within Easements. Any construction by the R.CI Parties within the easements granted herein shall be performed in accordance with, and subject to the requirements of, Section 4 above. 8. Insurance. During the performance of any work pursuant to this Agreement, the RCI Parties shall maintain, and/or cause its contractor to maintain, at the R.CI Parties' or its contractor's sole cost and expense, policies of insurance with the minimum insurance coverage and limits set forth below and shall upon demand provide certificates evidencing the same to the City. The City shall be named as an additional insured on such policies. The carriers of all insurance policies provided by the RCI Parties shall be rated no less than A-VIII in the most recent `Best's" insurance guide and shall be licensed in the State Page 4 of 17