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City of Everett 00 61 25 -4 <br /> Port Gardner Storage Facility— Facility Construction Package WO# UP-3525 <br /> "Completion Date" shall mean that date occurring immediately after the expiration of the <br /> project duration (as defined by the contract for the public improvement), including any <br /> agreed extensions thereof. The initial Completion Date can be found at the top of the <br /> first page of this Agreement. <br /> "Contractor" shall mean the undersigned contractor. <br /> "Escrow Account" shall mean the escrow created by this Agreement. <br /> "Eligible Securities" are those bonds and securities identified in the paragraph entitled, <br /> Eligible Securities on page 1 above. <br /> "Retainage" shall mean moneys reserved by the City under the provisions of a public <br /> improvement contract. <br /> 11. Miscellaneous. With the possible exception of any agreement between the Bank <br /> and Contractor regarding amount and payment of fees, commissions and charges <br /> related to the Escrow Account, this document contains the entire agreement between <br /> the Bank, Contractor and the City with respect to this Escrow Account. This Agreement <br /> binds the assigns, successors, personal representatives and heirs of the parties hereto. <br /> Those persons executing this Agreement represent and warrant they are duly <br /> authorized to bind their principals to this Agreement and to execute this Agreement on <br /> their behalf. Venue for any dispute arising out of, or related to, this Agreement shall be <br /> Snohomish County, Washington. This Agreement shall be executed in triplicate, each <br /> of which shall be deemed to be an original. <br /> AGREED AND ACCEPTED this the 17 day of AGREED AND ACCEPTED by the City of <br /> December , 2025. Everett this theR.7t*4,day ofyitiven, <br /> Contractor: A2sher.S+ lle.� n� 20•'.(# <br /> By: By <br /> Typed or Printed Nam . Danielle Welch assie Fra m', Mayo <br /> Title: Controller <br /> Address: 1001 Shaw Road ATTEST: <br /> City: Puyallup <br /> State: WA Zip: 98372 <br /> City Clerk <br /> PART 1 -AGREED AND ACCEPTED this the <br /> aDday of Dee , 20 <br /> STANDARD DOCUMENT <br /> BANK: ,h,4Tst.� flj APPROVED AS TO FORM <br /> J OFFICE OF THE CITY ATTORNEY <br /> (10.22.21) <br /> By. <br /> Typ or printed name. <br /> Its V P M <br /> 00 61 25-4 RETAINAGE ESCROW AGREEMENT <br />