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�_... _ ,.. , <br /> ' . . __ . _I .. <br /> I <br /> nss�cNrar;nrT or snvrr+cs nccourrr I <br /> ns :;i;cuat���r roe rr;ier�or�r��r,ui•e � <br /> I <br /> i <br /> The undersiqned, FAY �'ANGi,i„ hcrein rcfcrred to .is °COIJTRACTUk," hereby I <br /> aqrees with the City of Rverett, a municipal corpoiation, herein referred � <br /> to as "CITY" to a�cig:� a savings acr.ount to CITY i.n lieu of a warranty bond � <br /> ��ursu�nt to the terms and conditions of. this Agreement. � <br /> CONDITIONS I <br /> I <br /> 1. CONTW.CTOR has estnUl.ished a savings account at Dank of Everett, I <br /> I <br /> herein referred to as "R11NK," located on Hewitt Avenue (Rivez,ide) , . <br /> Gvcrett, Washington. The account number of said hznk eocount is � <br /> io�4o57896 i <br /> 2. The amount of money on deposit at: IiANK in the account identified above by <br /> number is Nine ifundred and t70/100 ($900.00) Dollars, '� <br /> 3. CONT?2ACTOR herehy ar�signs said savings account to warrant his � <br /> perform�nce of installation of sewer line, fire hydr�nt, nnd water ltne <br /> pursuant to City standard; the CONTRACTOR guar.entees said improvements <br /> Ht 109 West Casino Road for , period of one year from and nfter the date <br /> / i <br /> of fl � 7 _, that if within .said period repairs or chanyns <br /> are require� in connection with construction work performed by thc <br /> CONTRACTOR and a.yproved by the CITY, which in Lhe opinion of the City � <br /> F.ngineer i.s rendered nece3sary as a result of the u5e of materials, <br /> � equipment or workmanship which are inferi.or, defective or not in accordancc <br /> with the specificntion suUmi tted by the CON'PRIICTOI2 for the constrc.ation oP <br /> � <br /> ' i <br /> seid improvements, the CONTfiACTOR shall, promptly upon receipt of notice � <br /> i <br /> � from the CITY and without ex�ense to the CITY <br /> . i (a) pla„e in s�tisfactory <br /> conditic,n in ev�,7y r,�rYir.�lar �17. of r.uch quaranCord ���or}:, correctin�� all �. <br /> defects therein; and (b) makc good all damaqe to the site, which in the <br /> opinion of Lhe En9ineer, is the result of the u.^,e of materials� �quipment <br /> or worl:manship which are interior, de1'ective or not in ftccordance wi�h <br /> ' specificetions; and (c) make good any work or materi�l, or the equipment <br /> nnd coqtents of site disrupted in the repair work fulfilling this � <br /> guarantee; and (d) shall indemnify the CITY ay�inst any Birect or indirecC � <br /> �j�����9�'� that ,hall b� suf[ored m� clatmed for i.njurie� to perecn or � <br /> 7�roperty caused or dun t�.o Foor workmanship or fnilurc of maicrial� ur;rd ' <br /> Iin Ch�• r��n�:trur.l.iun. <br /> I <br />