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7, Thc spccific amount ot Dcvcloper's non-refundablc cash payment tor <br /> strcet improvemcnts calculatcd pursuant to L•xhibit A is Sixtv Nine <br /> u„n�red G�Ytv and 00/100- --_ dollars ($ 69,960. Oj� or in <br /> �ot,sand Nine_ <br /> the altemative the specific amowt of Developer's payment guarantee calculated <br /> pursuant to L•ahibit A is n/a � <br /> dollars ($ ); provided, further, that the City Council may provide for <br /> ' altcmative methods or means instead o# a cash payment to guarantee street <br /> improvements. <br /> . 8. Developer convenants and agrees to save and hold CIty harrnless from <br /> any and all cost, expanse, claIm, cause of action or damage resulting from, arlsing <br /> , out oi or proximaiely caused by the procedu�e agreed to herein this Agreement <br /> , including but not limited to costs, expenses, claims, causes of action or damage <br /> irom delay necessitated by additional envirenmental review�or other challenge to <br /> the procedures foilowed by the City pursuant to this Agreement and/or the final <br /> ordinance which the Clty Coimcil adopu conceming development and pubiie <br /> improvements in the vicinity of Casino Road. <br /> 9. This A�reement covers only that project or phaSe of project for which � <br /> building permits are sought at this time. Future phases shall be the subject of <br /> additional agreements, if applicable. <br /> . � <br /> EV�RGREEN PROPERTIES, LTD. , a C�N OF EVERETT <br /> 1 <br /> 1t L' I <br /> Sy Security Pacific, Inc. � <br /> x�YY DevP�oaer General Partner I <br /> 1LLi M1t0 � <br /> Titic:By €�� Mayor ( <br /> Caro i e � <br /> Authorized Officer • I <br /> py; APPFOVED AS TO FORA7: <br /> Title: <br /> o�tn <br /> By: <br /> Titic: REVIE\VED dc APPROVED: � <br /> ay: � <br /> t �o� � - o • • c: <br /> Tit�c: <br /> Pi�;c -3- <br />