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✓ <br />Nnine uf Projcet: <br />ConsL Site Address: <br />Permit Reference: <br />AaSICNMGNT OP NUNDS'PO TIIL CI'CY OP CVERP.'IT <br />Por. (descri6c improvemenls) <br />(Lu bc instnllcri per City stnnd�irds). <br />Itie hereby ngree thnt the snrn of '� 27��ao•�� will bc held in �scrow <br />Account No. 312-701923 j❑ PIRST WGS'fL•'R\ IIe1NK <br />(hcrcinu[ler re[erred to ns "13onk") in the nume of EVERGREEN CAtiPUS ASSOCIATGS, LTD. PTNRSNP . <br />(hcreinn[ler referred to ns "Applicnnt") to nssurc perfor;nnnce of lhe <br />r.bove-described improvements nnd gunrnnir,c lhnt lhese fn�ds wiil not hc released <br />without prior written npprovnl from the City of iivcrel[ Pr,hlic iVorks Dr,�nrlment ; <br />(hereinnfler reCerred to ❑s "City°). �Yc ngree Uint upon r.oinpletion of the <br />installntion oC the improvements per City slnndnrds nnd opprovnl by the City, lhc � <br />City wili provide «•ritlen notice to the Dnnlc nuthorizing lhe rclense of lhr.sr, funds. <br />SVe further agree that these Rmds witl be relaised lo thc City upon notice by tl�e <br />City lhat the improvements hnve not heen instiilled per City slundnrds. <br />Provided [urther, however, thnt in the event lhc nbove-described improve- ! <br />ments m�e installed per City standnrds nnd n cerlificntc of pnrtiril complinnce is I <br />signed by the Cily, then in thut event, we nre furlher instructed to release pro;;ress <br />pnyments for thnt nmount of impro��ements installed pr.r City stnndnrds aid � <br />npproved bp the Cily. The City shall hnve [irst clnim nnd priority to the remninino <br />bnlnnce of snid sum of $ 27,000.00 . <br />�I':LRSZI�EST f Ry [�(�y K <br />(Nnme of Iinnl<) <br />� I1 �, <br />13)'� -1�1�1� ��/ 1 1'1�lil( rlarcia L. MacDonald <br />Address: 305-108[h Ave NG Uellevue, Wa 98004 <br />Title: Cuscomcr Servicc/Rusiness Development <br />7'ele��houe No.: 453-2500 <br />Con:tici PCI'solt: Narcia l.. TlacDonald <br />Pnoc 1 0( ? <br />10/85 <br />0 <br />