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i <br /> P2c��2 I rtic�e <br /> �UB��� �Q/w 37Z9i 6�roadwayF <br /> Construction Site Address <br />' 95/409 (P�J Pe,�Mi{,�� <br /> t�� <br /> Permit Reference: <br /> r_i <br />� ASSIGNMENT OF FUNDS TO THE CITY OF EVER ?'� N f= �.; 1._r_ i <br /> For: (describe improvements) ���p,�� Q � i:.'�a <br />� GvYb GuE.tGr � S� c�ewa�k ,.�-��o�vutme�+�: ..... .... .... . <br />� �::'�'��r-€':�i i�TT <br /> ; <br /> Ov� B�o?d�.a.� �nd 3�-b+ St.. PubIIC Works Dept. <br /> Lnprovements to be installed per City standards by_ S � �1 , 19q(o. ; <br /> , Ter+ k.�wsand <br /> We hereby agree that the sum of Fw�r hw+drcd�v+ls�-{;,,cDollars (�10,475 <br /> I Saving Account <br />�; 3220-037695 Frontier Bank <br /> will be held in Sssww Account No.��___In (hereinafter <br /> referred to as "Bank") whose address is 2831 Coiby Ave Everett WA 98201. <br /> il — <br />� in the name of Grover c. Ahmann ro assure perfonnance of the above-describecl <br />� improvements and guarantee that these fimds will not be released widiout prior written <br /> approval from the Ciry of Everett Public W�rks Depardnent (hereinafter referred to as � <br /> "City"). We agree that upon completion of the installation of the above-described I <br /> improvements per City standards and approval by the Ciry, the Ciry will provide <br /> written no[ice to Ihe IIank authorizing the release of these funds. We further agree that <br /> these funds will be released to the City upon notice by the City that the improvemen[s i <br /> have not been installed per City ;tandards. � <br /> Provided further, however, that in the event the above-described improvemems <br /> are installed per City standards and a cerlificate of partial compliance is signed by lhc <br /> City, then in that event, we are further instructed to release progress payments for thc <br /> amoimt of improvements installed per City standards and approved by the City. The <br /> City shall have first daim and prioriry to die remaining balance of said sum <br /> j(�n ��tOJ1A/� C <br /> of Fa,r �„�..aRd swc�l,,�fi�r. Dollars ($ ��I Q'�S— ). <br /> CITY OF EVERETT• 3200 Cedar Street • Everett, WA 98201 • (206) 259•8800 • Fax (206) 259-8882 '«� <br />