4504 BROADWAY 2018-01-02 MF Import

, . . - 6. Performance guarantees are required for street xidening and � i ; landscaping. I 7. A one year guarantee is required on the public street system sita ' I landseaping for an amount not less than 10x of the cost of , construction and shall run for one yeer from the date of issuance of � the first Occupancy Permit for the project. 8. A two year guarantee is required for private retention/detention or other drainage treatment/abatement tacilities serving areas larger than one (U acre. , g. Measures must be taken to insure that cut slopes are properly ', ;�i stabilized after construction. Included in the measures will be hydroeeeding and other methods as determined by the Depsrtment of : i Public h'orks. The Department of Public Morks shall have final i �I authority to make the determination of the meaaures for stabilization ; �� of the slopes. 'i i10. Prior to the issuance of any building permit for the construction ' undertaken for the use authorized by this Special Property Uae � ;� Permit, the Applicant, or assigns, for the purpo�e of providing I; right-of-way improvement pursuant to applicable regulations, ehall: j! 1, Install frontage improvements as directed by the City through � I the Public Morks Department, up to an amount not to exceed �� 57.000.00, provided the C:ty Publia Works Director, or I�is � deaignee, so directs and specifiee the improvements within ten ' i� (10) calendar days of the Applicant's submittal of final plann for construction; or, �i 2. In the event that the City P'ublic lio�^ks Mreetor, or his ; '� designee, does not so direct as in parasraph (1) above, the , i''i ppplicant shall post a bond in the penal aum of $7,000.00, within twenty (20) calendar days of the date of notification by �� the Public Norks Direetor, or his designee, which �uch bond 'i amount shall increase at a rate of ten percent (tOS) per annian � for eacl: twelve (12) month period until the obligation � � terminates or the improvement is construeted as herein � j� specified. The Applicant shall so bond a frontage right-of-way � II improvement for a period of five (5) Years or until required to � �I pay within said five (5) year period. Said bond shell be � conditioned upon Hpplicant's failure to pay, on thirty (3�) i, I� days rrritten notice the sum so secured. Provided, however, the 1 � City shall be required to match said sum and install, with sa:d ; �Iproceeds, a right-of.�aay improvement in the vicinity of the , , sub�ect property and on Broadway. Said bond shall be in a form � acceptable to the City Attorney. il In the event that the City of Everett does not provide writ�en � notice for payment of the sums secured by the bond within the �I five (5) Year period from the date of execution of said bond, " the obligation secured by saic: bond shall terminate and the bond shall be exonerated without further actlon of the parties. �I, I; AND BE IT FINALLY ORDERED that a copy of this wri.tten order be ,� transmitted to the applicant for their information. i �� � /✓� _ � � L Z Date: February 23, 1984 nnis L. Derickson Planning Director