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FINANCIAL ASSURANCE <br />A performance bond (assurance device) shall be provided to the City of Everett in the <br />amount of 90% of the estimated cost for plant material and labor, monitoring, and <br />maintenance. This bond shall be released at the end of five years upon a successful <br />determination by the City of Everett for all portions of this mitigation project. This project <br />shall be considered successful if it meets the performance standards listed in this plan. <br />The following is an estimate of plant materials and labor only. This does not represent <br />a bid to install. <br />TOTAL QUANTITY OF 1-GALLON PLANTS @$9.50 EACH <br />TOTAL QUANTITY OF 2-GALLON PLANTS @$15.00 EACH <br />ESTIMATED COST OF PLANT MATERIAL AND LABOR <br />ESTIMATED COST OF MONITORING (5 YEARS @$300/yr.) <br />ESTIMATED COST OF MAINTENANCE (5 YRS. @$100/yr.) <br />TOTAL ESTIMATED COSTS <br />600 <br />60 <br />$6,600.00 <br />$1,500.00 <br />$500.00 <br />'�: .11 11 <br />TOTAL ESTIMATED COST OF BONDING $7,740.00 <br />(90% OF COST OF MATERIAL AND LABOR, MONITORING, & MAINTENANCE) <br />USE OF THIS REPORT <br />This Habitat Assessment Report is supplied to Morris Management, Inc. as a means of <br />determining on-site wetland and stream conditions. This report is based largely on <br />readily observable conditions and, to a lesser extent, on readily ascertainable <br />conditions. No attempt has been made to determine hidden or concealed conditions. <br />Reports may be adversely affected due to the physical condition of the site and the <br />difficulty of access, which may lead to observation or probing difficulties. <br />The laws applicable to wetlands are subject to varying interpretations and may be <br />changed at any time by the courts or legislative bodies. This report is intended to <br />provide information deemed relevant in the applicant's attempt to comply with the laws <br />now in effect. <br />The work for this report has conformed to the standard of care employed by wetland <br />ecologists. No other representation or warranty is made concerning the work or this <br />report and any implied representation or warranty is disclaimed. <br />Wet/and Resources, Inc. <br />• �i�'",--t..--._.,.---. <br />Louis Emenhiser <br />Senior Wetland Ecologist <br />Professional Wetland Scientist #1680 <br />Villas at Glenwood Terrace Habitat Assessment <br />October 10, 2011 � 1 l.� WRI # 11111 <br />