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e <br />e <br />��ac�a�r�D <br />IN FULL <br />FEB O 1 1994 <br />......................... <br />CITY OF EVERETT <br />Publlc Work� D�pf. <br />Ilame uf 1'ru.lect: <br />6everly Glen <br />Cmislru�Llon 51te AdJress: <br />6A28 Beverly Lanc <br />Pcrmil Iteferencc: <br />91-4, 1202-3'.-06 <br />ASSIf11VIF.Hi UI" I"UIIUS 10 lllf. cllY OF EYEIIEII� <br />Fur: (Jescribc Impruvcineuls) <br />Fina] 1� 1Lft of asphalt on cul-de-sac <br />6npivYemenLs tu Lc ins Wlled per Clly slauJards by p1n 30 -- <br />--�__' <br />4ie hn;r.Ly agrcr. Lhat Llie suni uf �ree_thousand Eiyhl HundrAd Eiyhty- <br />Uullnrs ( M3 888.00 'F.ight <br />-�c.__, ____) H111 Le he1J hi Fsn•uH A:ctrunC nu/10 <br />Ilo._i-`�y0�(i� ��i Everett Mutral <br />- ----�--- _ (IicreluafLcr <br />re(erred lo as "Uauk") Nhos? ,iJdress I!; =1d C. Main, Monroe, Yli� 98272 <br />, 1n llie nama of isalser Invescments <br />to assure performance of Uie abuvc-Jeso•IDeJ iniprovcinents anJ ��mrintce Lliat <br />Uicse funds H111 nul Le rcleaseJ ��IUimrL �n•lor Nrlttcn npproval froin Lhe <br />CIt�� af E�•crett Publlc 41m�ks Uep.u�linenL (hcrclnafler refm•red tu ns <br />°���Y°1. Ne ayrce lhat upun cuwpletiun of Lhc insLallaH on uf Uic <br />above-Jeseribed impruvemr.nls per rli, sWndards aud a�qn•uval by lhc CILY, <br />Uie Clly N(11 provlJc HrlLlmi uollce to Uic Uank autliurizlny dm rcicase of <br />lhese fmiJs. Hn (in•Uier agree Lhal llicsr funds HI11. Le rcicaseJ lu Uic CI!y <br />uVon nullce by Liic Clty LIiaC Lhc Iniprnvemenls have nnl bcen InslalleJ per <br />City ,tanJarJs. � <br />PruviJeJ furUicr, huHever, lhal in U�c evmit lhe a6ove_JescrlDcd <br />iinpirovemenls are InstalleJ per Clly sLanJards aoJ a cerllflcate vf parUal <br />cmnpliuncr Is slgned by the Clly, lhen iu t4al evenL, we are furlher <br />instrueteJ ta r�leise prngress paymenLs for I.he aumwiC oF SwprovemenLs <br />IustalleJ pm• Clty strmJarJs and apprnveJ hy Lhr. Clty. Ihc Clly shall havc <br />flrst clalm anJ ��rlorlty Lo lhe nmaluing Lalauce a( sald ;um <br />Thrce Thousand E7.ght <br />ufNundred Eiqhty-E:.ght and no/100p�����.s �$J,888.00 ' <br />5/mi <br />