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�Op� <br /> ASSIGNMENT OF FUNDS <br /> Construction Silc Address S/C�S�Ji/GG���. <br /> Projcct M �j/�-������� <br /> Projcct Namc ��/� C�,f� _ <br /> I)evcloper,���L_.�� f�.NSl��S[}�1,�iC�, <br /> Describe Improvemenls: � �� <br /> —_L�iiLD S�PINC� �i S�LC�S C'H�ti�.1�rc��E'£la C�S• <br /> SNrx✓,ri o� A0�['.c,vs_���,u ��I�,) .,2��/:�o�� <br /> Improvements to he installcd per City slandarJs by j — � � __ •- __, 201 ,� . <br /> �Vc hcrchy agrec that thc sum of ($��-Qq_ c�� <br /> Dollarx will hc hclJ in liscrow Account No. �U�S-T �(� in <br /> _��5_���ti_________ (hereinafter referreJ to as "Rank") whose <br /> address is !�� S 54�� i"11'L U�'�� S U� � � ,�� 1�' �IC) , in th� <br /> namc of���CuSTO�!C.yfiS,7i'� .�1 �.0 /�_ to assurc performancc of thc abovc <br /> dcscrihed improvements and guaruntee lhat thcse funds will not bc rcleascd without prior written <br /> approval from Ihc Ciry ol'Fvcrctt Dcparlmcnt of Planning anJ Community Dcvciopmcnl <br /> (hcrcinalicr rcfcrrcJ to as "City"). Wc agrcc Ihat upon complction of ihc inslallation of'Ihc <br /> ahovc dcscrihcd impmvcmcnis, per Ciry standards and approval by thc City, thc Ciry will <br /> providc written notice to thc I�ank �uthorizing the release of Ihcsc fimds. Wc furthcr agrcc �h�d <br /> Ihcsc funds will hc rcicascd to thc City upon noticc by Ihc Cily ihat Ihc irnprovcmcnls hnvc nnl <br /> bccn installcd per City stanJards aflcr Ihc d�dc lislcd in pnragraph onc of this agrccmcnl; <br /> providcd, howcvcr, if thc City dcicmiincs Ih�it an aclion or inaclion associatcJ wilh this <br /> agrccmcnt has crc:+ted an cmcrgcncy tiilu:dion cndangcring ihc public hcnllh, safcly, ur wcll:�rr, <br /> creating a polcnlial liability ('or lhc City, or enJ�ngering City streets, utili:ies, or property, then <br /> nut widistanJing thc datc listcd in paragraph onc of Ihis agrccmcnt, 14'C IUIlIII'f 86f1'C 1I181(Ill'tiL' <br /> funds will bc rcicased to thc City upon notice by Uic Ciry that Ihc improvcmcnis havc not bccn <br /> installed per C;ity slandards and ihal an emergency exists which requires their immedialc relcasc. <br /> �Lcsignmc�uuJ7�i�ndsloli�cCilrrJGvercrr Pugcl <br /> 2930 Wctmnrc Avcnuc,tiuitc R-A • livcrctt, WA 9R201 • 425.257.8731 • fiix 425.257.8742 • www.cvcretlwa.nrg <br /> ���r <br />